Northside Economic Opportunity Network
EIN: 800163521 · Minneapolis, MN · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $7.4M |
| Total Expenses | $2.8M |
| Net Assets | $15.0M |
Is Northside Economic Opportunity Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northside Economic Opportunity Network
Northside Economic Opportunity Network (EIN: 800163521) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code S31. The organization reported total revenue of $7.4M and total assets of $19.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northside Economic Opportunity Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northside Economic Opportunity Network is a mid-size nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 39.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.9M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$9.1M |
| Total Assets | $18.7M |
| Total Liabilities | $3.6M |
| Net Assets | $15.0M |
| Operating Margin | 76.7% |
| Debt-to-Asset Ratio | 19.5% |
| Months of Reserves | 80.8 months |
Financial Health Grade: A
In 2023, Northside Economic Opportunity Network reported a surplus of $9.1M with revenue exceeding expenses, holds 80.8 months of operating reserves (strong position), has a debt-to-asset ratio of 19.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Northside Economic Opportunity Network's revenue has grown at a compound annual growth rate (CAGR) of 39.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +255.9% | -19.4% | +92.5% |
| 2022 | -37.2% | +80.2% | +13.7% |
| 2021 | +38.0% | +15.9% | +114.2% |
| 2020 | +189.0% | +28.5% | +603.4% |
| 2019 | +45.0% | -2.0% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northside Economic Opportunity Network 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 Northside Economic Opportunity Network 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 $9.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.5%.
Frequently Asked Questions about Northside Economic Opportunity Network
Is Northside Economic Opportunity Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Northside Economic Opportunity Network (EIN: 800163521) insufficient data. 0 red flags identified, 0 strengths noted.
How does Northside Economic Opportunity Network spend its money?
Detailed spending breakdown data is not yet available for Northside Economic Opportunity Network. Check back for updated IRS 990 analysis.
Are donations to Northside Economic Opportunity Network tax-deductible?
Northside Economic Opportunity Network is registered as a tax-exempt nonprofit (EIN: 800163521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northside Economic Opportunity Network located?
Northside Economic Opportunity Network is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 800163521. It is classified under NTEE code S31.
How many years of IRS 990 filings does Northside Economic Opportunity Network have?
Northside Economic Opportunity Network has 14 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 $7.4M in total revenue.
Filing History
IRS 990 filing history for Northside Economic Opportunity Network showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Northside Economic Opportunity Network's revenue has grown by 7405.2%, moving from $159K to $11.9M. Total assets increased by 145269% over the same period, from $13K to $18.7M. Total functional expenses rose by 1237.1%, from $207K to $2.8M. In its most recent filing year (2023), Northside Economic Opportunity Network reported a surplus of $9.1M, with revenue exceeding expenses. The organization holds $3.6M in liabilities against $18.7M in assets (debt-to-asset ratio: 19.5%), resulting in net assets of $15.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.9M | $2.8M | $18.7M | $3.6M | — | — |
| 2022 | $3.3M | $3.4M | $9.7M | $3.8M | — | — |
| 2021 | $5.3M | $1.9M | $8.5M | $2.5M | — | View 990 |
| 2020 | $3.9M | $1.6M | $4.0M | $1.4M | — | — |
| 2019 | $1.3M | $1.3M | $566K | $179K | — | View 990 |
| 2018 | $921K | $1.3M | $547K | $213K | — | View 990 |
| 2017 | $1.3M | $1.1M | $845K | $123K | — | View 990 |
| 2016 | $780K | $644K | $580K | $31K | — | View 990 |
| 2015 | $537K | $361K | $438K | $26K | — | View 990 |
| 2014 | $272K | $512K | $254K | $18K | — | View 990 |
| 2013 | $688K | $367K | $483K | $8K | — | View 990 |
| 2012 | $586K | $498K | $134K | $4K | — | View 990 |
| 2011 | $409K | $355K | $53K | $11K | — | View 990 |
| 2010 | $159K | $207K | $13K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.9M, expenses of $2.8M, and assets of $18.7M (revenue +255.9% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.4M, and assets of $9.7M (revenue -37.2% year-over-year).
- 2021: Revenue of $5.3M, expenses of $1.9M, and assets of $8.5M (revenue +38.0% year-over-year).
- 2020: Revenue of $3.9M, expenses of $1.6M, and assets of $4.0M (revenue +189.0% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $566K (revenue +45.0% year-over-year).
- 2018: Revenue of $921K, expenses of $1.3M, and assets of $547K (revenue -29.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $845K (revenue +66.5% year-over-year).
- 2016: Revenue of $780K, expenses of $644K, and assets of $580K (revenue +45.2% year-over-year).
- 2015: Revenue of $537K, expenses of $361K, and assets of $438K (revenue +97.8% year-over-year).
- 2014: Revenue of $272K, expenses of $512K, and assets of $254K (revenue -60.5% year-over-year).
- 2013: Revenue of $688K, expenses of $367K, and assets of $483K (revenue +17.4% year-over-year).
- 2012: Revenue of $586K, expenses of $498K, and assets of $134K (revenue +43.1% year-over-year).
- 2011: Revenue of $409K, expenses of $355K, and assets of $53K (revenue +158.1% year-over-year).
- 2010: Revenue of $159K, expenses of $207K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northside Economic Opportunity Network:
Data Sources and Methodology
This transparency report for Northside Economic Opportunity Network 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.