Minnetonka Boys Basketball Association
Minnetonka Boys Basketball Association maintains stable finances with zero liabilities and volunteer leadership.
EIN: 200459396 · Chanhassen, MN · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $220K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $126K |
| Transparency Score | 92/100 |
Is Minnetonka Boys Basketball Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Minnetonka Boys Basketball Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Minnetonka Boys Basketball Association
Minnetonka Boys Basketball Association (EIN: 200459396) is a nonprofit organization based in Chanhassen, MN, classified under NTEE code O50. The organization reported total revenue of $213K and total assets of $135K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnetonka Boys Basketball Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnetonka Boys Basketball Association is a small nonprofit that has been operating for 7 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $213K |
| Total Expenses | $220K |
| Surplus / Deficit | $-6,608 |
| Total Assets | $126K |
| Net Assets | $126K |
| Operating Margin | -3.1% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Minnetonka Boys Basketball Association reported a deficit of $7K with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2023), Minnetonka Boys Basketball Association's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.0% | +26.2% | -3.2% |
| 2022 | +4.5% | -9.2% | +79.5% |
| 2020 | +24.2% | +19.9% | -9.9% |
| 2019 | +31.1% | +31.7% | -13.9% |
| 2014 | +5.5% | +51.2% | -12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Minnetonka Boys Basketball Association with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Minnetonka Boys Basketball Association allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is entirely volunteer-led at the officer level, which is highly efficient for an organization of its size with revenues around $200,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Minnetonka Boys Basketball Association's IRS 990 filings:
- Slight operational deficit in the latest filing period (202306), with expenses ($219,524) exceeding revenue ($212,916).
Strengths
The following positive indicators were identified for Minnetonka Boys Basketball Association:
- Consistent 0% officer compensation across all filings, indicating a volunteer-driven model.
- Zero reported liabilities across all filing periods, demonstrating strong financial management and no debt.
- Healthy asset base, with assets of $126,288 in the latest period, significantly exceeding annual expenses.
- Consistent revenue growth over the past decade, from $88,337 in 2011 to $212,916 in 2023.
- Regular and consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about Minnetonka Boys Basketball Association
Is Minnetonka Boys Basketball Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Minnetonka Boys Basketball Association (EIN: 200459396) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Minnetonka Boys Basketball Association spend its money?
Minnetonka Boys Basketball Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Minnetonka Boys Basketball Association tax-deductible?
Minnetonka Boys Basketball Association is registered as a tax-exempt nonprofit (EIN: 200459396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Minnetonka Boys Basketball Association CEO make?
Minnetonka Boys Basketball Association's highest-compensated officer earns $200,000. annually. The organization reported $213K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Minnetonka Boys Basketball Association's spending goes to programs?
Minnetonka Boys Basketball Association directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Minnetonka Boys Basketball Association compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Minnetonka Boys Basketball Association is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Minnetonka Boys Basketball Association located?
Minnetonka Boys Basketball Association is headquartered in Chanhassen, Minnesota and files with the IRS under EIN 200459396. It is classified under NTEE code O50.
How many years of IRS 990 filings does Minnetonka Boys Basketball Association have?
Minnetonka Boys Basketball Association has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $213K in total revenue.
Is Minnetonka Boys Basketball Association a good charity?
Based on the provided financial data, the Minnetonka Boys Basketball Association appears to be a well-managed and efficient organization. It operates with zero officer compensation, maintains a healthy asset base with no liabilities, and has shown consistent growth in revenue, all of which are positive indicators.
How has the organization's revenue grown over time?
The organization has shown significant revenue growth, increasing from $88,337 in 2011 to $212,916 in 2023, more than doubling its financial activity over the past decade.
Does the organization have any debt?
No, the Minnetonka Boys Basketball Association has consistently reported $0 in liabilities across all available IRS 990 filings, indicating no debt.
Filing History
IRS 990 filing history for Minnetonka Boys Basketball Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Minnetonka Boys Basketball Association's revenue has grown by 141%, moving from $88K to $213K. Total assets increased by 61.7% over the same period, from $78K to $126K. Total functional expenses rose by 194.6%, from $75K to $220K. In its most recent filing year (2023), Minnetonka Boys Basketball Association reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $213K | $220K | $126K | $0 | — | — |
| 2022 | $192K | $174K | $130K | $0 | — | View 990 |
| 2020 | $183K | $192K | $73K | $0 | — | View 990 |
| 2019 | $148K | $160K | $81K | $0 | — | View 990 |
| 2014 | $113K | $121K | $94K | $0 | — | View 990 |
| 2013 | $107K | $80K | $107K | $0 | — | View 990 |
| 2012 | $88K | $86K | $80K | $0 | — | View 990 |
| 2011 | $88K | $75K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $213K, expenses of $220K, and assets of $126K (revenue +11.0% year-over-year).
- 2022: Revenue of $192K, expenses of $174K, and assets of $130K (revenue +4.5% year-over-year).
- 2020: Revenue of $183K, expenses of $192K, and assets of $73K (revenue +24.2% year-over-year).
- 2019: Revenue of $148K, expenses of $160K, and assets of $81K (revenue +31.1% year-over-year).
- 2014: Revenue of $113K, expenses of $121K, and assets of $94K (revenue +5.5% year-over-year).
- 2013: Revenue of $107K, expenses of $80K, and assets of $107K (revenue +20.7% year-over-year).
- 2012: Revenue of $88K, expenses of $86K, and assets of $80K (revenue +0.2% year-over-year).
- 2011: Revenue of $88K, expenses of $75K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnetonka Boys Basketball Association:
Data Sources and Methodology
This transparency report for Minnetonka Boys Basketball Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.