Minnetonka Diamond Club
Minnetonka Diamond Club shows strong financial growth and zero executive compensation.
EIN: 200711155 · Excelsior, MN · NTEE: B11 · Updated: 2026-03-28
Is Minnetonka Diamond Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
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.
AI Transparency Report
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.
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?
Based on AI analysis of IRS 990 filings, Minnetonka Diamond Club (EIN: 200711155) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Minnetonka Diamond Club spend its money?
Minnetonka Diamond Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
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.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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.
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.