North Point
EIN: 843583353 · Grand Marais, MN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $307K |
| Total Expenses | $198K |
| Net Assets | $366K |
Is North Point Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Point
North Point (EIN: 843583353) is a nonprofit organization based in Grand Marais, MN, classified under NTEE code X20. The organization reported total revenue of $307K and total assets of $681K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Point's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Point is a small nonprofit that has been operating for 5 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 54.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $281K |
| Total Expenses | $198K |
| Surplus / Deficit | +$83K |
| Total Assets | $611K |
| Total Liabilities | $245K |
| Net Assets | $366K |
| Operating Margin | 29.6% |
| Debt-to-Asset Ratio | 40.2% |
| Months of Reserves | 37.0 months |
Financial Health Grade: A
In 2023, North Point reported a surplus of $83K with revenue exceeding expenses, holds 37.0 months of operating reserves (strong position), has a debt-to-asset ratio of 40.2% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), North Point's revenue has grown at a compound annual growth rate (CAGR) of 54.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | +5.0% | +13.4% |
| 2022 | +7.8% | +20.8% | +17.9% |
| 2021 | +70.5% | +46.3% | +387.1% |
| 2020 | +200.2% | +77755.5% | +88.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Point 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 North Point 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 $83K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.2%.
Frequently Asked Questions about North Point
Is North Point a legitimate charity?
Based on AI analysis of IRS 990 filings, North Point (EIN: 843583353) insufficient data. 0 red flags identified, 0 strengths noted.
How does North Point spend its money?
Detailed spending breakdown data is not yet available for North Point. Check back for updated IRS 990 analysis.
Are donations to North Point tax-deductible?
North Point is registered as a tax-exempt nonprofit (EIN: 843583353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Point located?
North Point is headquartered in Grand Marais, Minnesota and files with the IRS under EIN 843583353. It is classified under NTEE code X20.
How many years of IRS 990 filings does North Point have?
North Point 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 $307K in total revenue.
Filing History
IRS 990 filing history for North Point showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), North Point's revenue has grown by 462.2%, moving from $50K to $281K. Total assets increased by 1125.1% over the same period, from $50K to $611K. Total functional expenses rose by 144447.4%, from $137 to $198K. In its most recent filing year (2023), North Point reported a surplus of $83K, with revenue exceeding expenses. The organization holds $245K in liabilities against $611K in assets (debt-to-asset ratio: 40.2%), resulting in net assets of $366K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $281K | $198K | $611K | $245K | — | — |
| 2022 | $276K | $189K | $539K | $257K | — | View 990 |
| 2021 | $256K | $156K | $457K | $268K | — | View 990 |
| 2020 | $150K | $107K | $94K | $515 | — | — |
| 2019 | $50K | $137 | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $281K, expenses of $198K, and assets of $611K (revenue +1.9% year-over-year).
- 2022: Revenue of $276K, expenses of $189K, and assets of $539K (revenue +7.8% year-over-year).
- 2021: Revenue of $256K, expenses of $156K, and assets of $457K (revenue +70.5% year-over-year).
- 2020: Revenue of $150K, expenses of $107K, and assets of $94K (revenue +200.2% year-over-year).
- 2019: Revenue of $50K, expenses of $137, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Point:
Data Sources and Methodology
This transparency report for North Point 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.