Minnetonka Diamond Club

Minnetonka Diamond Club shows strong financial growth and zero executive compensation.

EIN: 200711155 · Excelsior, MN · NTEE: B11 · Updated: 2026-03-28

$1.2MRevenue
$268KGross Revenue
$800KAssets
90/100Mission Score (Excellent)
B11
Minnetonka Diamond Club Financial Summary
MetricValue
Total Revenue$1.2M
Total Expenses$35K
Program Spending90%
Net Assets$598K
Transparency Score90/100

Search Intent Cockpit

Minnetonka Diamond Club Form 990, Revenue, CEO Pay, and IRS Filing Signals

Minnetonka Diamond Club is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Minnetonka Diamond Club in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $276K and expenses of $35K.

Revenue and Expenses

Minnetonka Diamond Club reported $276K in revenue and $35K in expenses, a surplus of $242K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

90/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Minnetonka Diamond Club Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Minnetonka Diamond Club Expense Deployment
Program services$31K (90%)

Across stored filings, Minnetonka Diamond Club shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Minnetonka Diamond Club Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with North American Lake Management SocietyMinnesota and Education context

Trust Check

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90% of spending goes to programs.

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Minnetonka Diamond Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Minnetonka Diamond Club

Minnetonka Diamond Club (EIN: 200711155) is a nonprofit organization based in Excelsior, MN, classified under NTEE code B11. The organization reported total revenue of $1.2M and total assets of $800K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnetonka Diamond Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Minnetonka Diamond Club is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$276K
Total Expenses$35K
Surplus / Deficit+$242K
Total Assets$601K
Total Liabilities$2K
Net Assets$598K
Operating Margin87.5%
Debt-to-Asset Ratio0.4%
Months of Reserves208.0 months

Financial Health Grade: A

In 2023, Minnetonka Diamond Club reported a surplus of $242K with revenue exceeding expenses, holds 208.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Minnetonka Diamond Club's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+94.7%-21.4%-8.6%
2022-40.9%+199.6%+60.7%
2021+17.9%-71.0%+123.2%
2020-10.8%-88.5%+1.7%
2019-21.6%+83.7%+80.6%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Minnetonka Diamond Club demonstrates strong financial health, particularly in its most recent filing period (202312) where it reported revenues of $276,305 against expenses of only $34,652, leading to a significant increase in assets to $600,570. This trend of revenue exceeding expenses is generally positive, though there was a notable period in 201912 where expenses ($440,369) significantly outstripped revenue ($228,634). The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of funds directly for its mission. Its asset base has grown substantially over the years, from $10,009 in 201412 to $600,570 in 202312, suggesting good financial management and accumulation of resources. The organization's NTEE code B11 (Amateur Sports) aligns with its name, indicating a clear program focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Minnetonka Diamond Club with a Mission Score of 90 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: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Minnetonka Diamond Club allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:

$276KTotal Revenue
$35KTotal Expenses
$601KTotal Assets
$2KTotal Liabilities
$598KNet Assets
  • The organization reported a surplus of $242K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.4%.

Executive Compensation Analysis

The Minnetonka Diamond Club consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and that no funds are diverted to executive salaries, which is highly commendable for a nonprofit of its size.

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 Diamond Club's IRS 990 filings:

  • Significant expense exceeding revenue in 201912 ($440,369 expenses vs. $228,634 revenue)

Strengths

The following positive indicators were identified for Minnetonka Diamond Club:

  • Consistent 0% officer compensation across all filings
  • Strong asset growth from $10,009 in 201412 to $600,570 in 202312
  • Significant positive net income in recent years, e.g., 202312 revenue of $276,305 against expenses of $34,652
  • Clear alignment between NTEE code (Amateur Sports) and organization name

Frequently Asked Questions about Minnetonka Diamond Club

Is Minnetonka Diamond Club a legitimate charity?

Minnetonka Diamond Club (EIN: 200711155) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Minnetonka Diamond Club spend its money?

Minnetonka Diamond Club directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Minnetonka Diamond Club tax-deductible?

Minnetonka Diamond Club is registered as a tax-exempt nonprofit (EIN: 200711155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Minnetonka Diamond Club's spending goes to programs?

Minnetonka Diamond Club directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Minnetonka Diamond Club compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Minnetonka Diamond Club is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Minnetonka Diamond Club located?

Minnetonka Diamond Club is headquartered in Excelsior, Minnesota and files with the IRS under EIN 200711155. It is classified under NTEE code B11.

How many years of IRS 990 filings does Minnetonka Diamond Club have?

Minnetonka Diamond Club has 13 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 $1.2M in total revenue.

Is Minnetonka Diamond Club a good charity?

Based on the provided data, Minnetonka Diamond Club appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong volunteer base and efficient use of funds. Its assets have grown significantly, and in recent years, revenue has substantially exceeded expenses, suggesting financial stability and growth.

How has Minnetonka Diamond Club's financial health changed over time?

The organization's financial health has generally improved. Assets have grown from $10,009 in 201412 to $600,570 in 202312. While there was a period in 201912 where expenses ($440,369) exceeded revenue ($228,634), recent filings show strong positive net income, such as in 202312 with $276,305 revenue against $34,652 expenses.

What is the Minnetonka Diamond Club's approach to executive compensation?

The Minnetonka Diamond Club reports 0% officer compensation in all available filings, indicating that its executive leadership is entirely volunteer-driven and receives no salary from the organization.

Filing History

IRS 990 filing history for Minnetonka Diamond Club showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Minnetonka Diamond Club's revenue has declined by 16.2%, moving from $330K to $276K. Total assets increased by 4948.1% over the same period, from $12K to $601K. Total functional expenses fell by 90%, from $347K to $35K. In its most recent filing year (2023), Minnetonka Diamond Club reported a surplus of $242K, with revenue exceeding expenses. The organization holds $2K in liabilities against $601K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $598K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $276K $35K $601K $2K
2022 $142K $44K $657K $300K View 990
2021 $240K $15K $409K $150K View 990
2020 $204K $51K $183K $150K View 990
2019 $229K $440K $180K $300K View 990
2018 $292K $240K $100K $8K View 990
2017 $265K $289K $50K $10K View 990
2016 $259K $224K $65K $2K View 990
2015 $278K $259K $29K $101 View 990
2014 $315K $325K $10K $101 View 990
2013 $291K $308K $21K $101 View 990
2012 $283K $255K $41K $4K View 990
2011 $330K $347K $12K $3K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $276K, expenses of $35K, and assets of $601K (revenue +94.7% year-over-year).
  • 2022: Revenue of $142K, expenses of $44K, and assets of $657K (revenue -40.9% year-over-year).
  • 2021: Revenue of $240K, expenses of $15K, and assets of $409K (revenue +17.9% year-over-year).
  • 2020: Revenue of $204K, expenses of $51K, and assets of $183K (revenue -10.8% year-over-year).
  • 2019: Revenue of $229K, expenses of $440K, and assets of $180K (revenue -21.6% year-over-year).
  • 2018: Revenue of $292K, expenses of $240K, and assets of $100K (revenue +9.9% year-over-year).
  • 2017: Revenue of $265K, expenses of $289K, and assets of $50K (revenue +2.7% year-over-year).
  • 2016: Revenue of $259K, expenses of $224K, and assets of $65K (revenue -7.1% year-over-year).
  • 2015: Revenue of $278K, expenses of $259K, and assets of $29K (revenue -11.6% year-over-year).
  • 2014: Revenue of $315K, expenses of $325K, and assets of $10K (revenue +8.0% year-over-year).
  • 2013: Revenue of $291K, expenses of $308K, and assets of $21K (revenue +2.8% year-over-year).
  • 2012: Revenue of $283K, expenses of $255K, and assets of $41K (revenue -14.0% year-over-year).
  • 2011: Revenue of $330K, expenses of $347K, and assets of $12K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Minnetonka Diamond Club:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Minnetonka Diamond Club 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.

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