Mn Fundraising Initiative
EIN: 841964216 · Ham Lake, MN · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $2.9M |
| Net Assets | $1.5M |
Is Mn Fundraising Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mn Fundraising Initiative
Mn Fundraising Initiative (EIN: 841964216) is a nonprofit organization based in Ham Lake, MN, classified under NTEE code O50. The organization reported total revenue of $3.5M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mn Fundraising Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mn Fundraising Initiative is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 122.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$250K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 7.9% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Mn Fundraising Initiative reported a surplus of $250K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Mn Fundraising Initiative's revenue has grown at a compound annual growth rate (CAGR) of 122.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.5% | +61.2% | +20.7% |
| 2022 | +191.0% | +346.9% | +144.5% |
| 2021 | +665.9% | +224.4% | +1257.9% |
| 2020 | -12.0% | +54.8% | -24.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mn Fundraising Initiative has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mn Fundraising Initiative with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $250K, with revenue exceeding expenses.
Frequently Asked Questions about Mn Fundraising Initiative
Is Mn Fundraising Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Mn Fundraising Initiative (EIN: 841964216) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mn Fundraising Initiative spend its money?
Detailed spending breakdown data is not yet available for Mn Fundraising Initiative. Check back for updated IRS 990 analysis.
Are donations to Mn Fundraising Initiative tax-deductible?
Mn Fundraising Initiative is registered as a tax-exempt nonprofit (EIN: 841964216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mn Fundraising Initiative located?
Mn Fundraising Initiative is headquartered in Ham Lake, Minnesota and files with the IRS under EIN 841964216. It is classified under NTEE code O50.
How many years of IRS 990 filings does Mn Fundraising Initiative have?
Mn Fundraising Initiative has 5 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 $3.5M in total revenue.
Filing History
IRS 990 filing history for Mn Fundraising Initiative showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Mn Fundraising Initiative's revenue has grown by 2362.1%, moving from $128K to $3.2M. Total assets increased by 2941.3% over the same period, from $48K to $1.5M. Total functional expenses rose by 3517%, from $80K to $2.9M. In its most recent filing year (2023), Mn Fundraising Initiative reported a surplus of $250K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $2.9M | $1.5M | $0 | — | — |
| 2022 | $2.5M | $1.8M | $1.2M | $0 | — | — |
| 2021 | $865K | $404K | $493K | $0 | — | — |
| 2020 | $113K | $125K | $36K | $0 | — | View 990 |
| 2019 | $128K | $80K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $2.9M, and assets of $1.5M (revenue +25.5% year-over-year).
- 2022: Revenue of $2.5M, expenses of $1.8M, and assets of $1.2M (revenue +191.0% year-over-year).
- 2021: Revenue of $865K, expenses of $404K, and assets of $493K (revenue +665.9% year-over-year).
- 2020: Revenue of $113K, expenses of $125K, and assets of $36K (revenue -12.0% year-over-year).
- 2019: Revenue of $128K, expenses of $80K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mn Fundraising Initiative:
Data Sources and Methodology
This transparency report for Mn Fundraising Initiative 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.