Oakleaf Endowment Trust Fbo Minnesota Opera Company
EIN: 416429970 · Minneapolis, MN · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $400K |
| Total Expenses | $507K |
| Net Assets | $6.6M |
Is Oakleaf Endowment Trust Fbo Minnesota Opera Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oakleaf Endowment Trust Fbo Minnesota Opera Company
Oakleaf Endowment Trust Fbo Minnesota Opera Company (EIN: 416429970) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code T20Z. The organization reported total revenue of $400K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oakleaf Endowment Trust Fbo Minnesota Opera Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oakleaf Endowment Trust Fbo Minnesota Opera Company is a small nonprofit that has been operating for 28 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $307K |
| Total Expenses | $507K |
| Surplus / Deficit | $-200,493 |
| Total Assets | $6.6M |
| Net Assets | $6.6M |
| Operating Margin | -65.4% |
| Months of Reserves | 156.4 months |
Financial Health Grade: B
In 2017, Oakleaf Endowment Trust Fbo Minnesota Opera Company reported a deficit of $200K with expenses exceeding revenue, holds 156.4 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2017), Oakleaf Endowment Trust Fbo Minnesota Opera Company's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +52.1% | -1.2% | -2.9% |
| 2016 | -49.7% | -0.5% | -4.4% |
| 2015 | -28.7% | -1.3% | -1.6% |
| 2014 | +14.8% | +4.3% | +0.5% |
| 2013 | +111.4% | +0.3% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oakleaf Endowment Trust Fbo Minnesota Opera Company 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 Oakleaf Endowment Trust Fbo Minnesota Opera Company 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $200K, with expenses exceeding revenue.
Frequently Asked Questions about Oakleaf Endowment Trust Fbo Minnesota Opera Company
Is Oakleaf Endowment Trust Fbo Minnesota Opera Company a legitimate charity?
Oakleaf Endowment Trust Fbo Minnesota Opera Company (EIN: 416429970) is a registered tax-exempt nonprofit based in Minnesota. It has 7 years of IRS 990 filings on record. Total revenue: $400K. No red flags identified. Financial health grade: B.
How does Oakleaf Endowment Trust Fbo Minnesota Opera Company spend its money?
Oakleaf Endowment Trust Fbo Minnesota Opera Company reported $400K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Oakleaf Endowment Trust Fbo Minnesota Opera Company tax-deductible?
Oakleaf Endowment Trust Fbo Minnesota Opera Company is registered as a tax-exempt nonprofit (EIN: 416429970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oakleaf Endowment Trust Fbo Minnesota Opera Company located?
Oakleaf Endowment Trust Fbo Minnesota Opera Company is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 416429970. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Oakleaf Endowment Trust Fbo Minnesota Opera Company have?
Oakleaf Endowment Trust Fbo Minnesota Opera Company has 7 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 $400K in total revenue.
Filing History
IRS 990 filing history for Oakleaf Endowment Trust Fbo Minnesota Opera Company showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Oakleaf Endowment Trust Fbo Minnesota Opera Company's revenue has declined by 18.1%, moving from $375K to $307K. Total assets decreased by 13.7% over the same period, from $7.7M to $6.6M. Total functional expenses rose by 0%, from $507K to $507K. In its most recent filing year (2017), Oakleaf Endowment Trust Fbo Minnesota Opera Company reported a deficit of $200K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $307K | $507K | $6.6M | $0 | — | View 990 |
| 2016 | $202K | $514K | $6.8M | $0 | — | View 990 |
| 2015 | $401K | $516K | $7.1M | $0 | — | View 990 |
| 2014 | $562K | $523K | $7.2M | $0 | — | View 990 |
| 2013 | $490K | $502K | $7.2M | $0 | — | View 990 |
| 2012 | $232K | $500K | $7.4M | $0 | — | View 990 |
| 2011 | $375K | $507K | $7.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $307K, expenses of $507K, and assets of $6.6M (revenue +52.1% year-over-year).
- 2016: Revenue of $202K, expenses of $514K, and assets of $6.8M (revenue -49.7% year-over-year).
- 2015: Revenue of $401K, expenses of $516K, and assets of $7.1M (revenue -28.7% year-over-year).
- 2014: Revenue of $562K, expenses of $523K, and assets of $7.2M (revenue +14.8% year-over-year).
- 2013: Revenue of $490K, expenses of $502K, and assets of $7.2M (revenue +111.4% year-over-year).
- 2012: Revenue of $232K, expenses of $500K, and assets of $7.4M (revenue -38.1% year-over-year).
- 2011: Revenue of $375K, expenses of $507K, and assets of $7.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oakleaf Endowment Trust Fbo Minnesota Opera Company:
Data Sources and Methodology
This transparency report for Oakleaf Endowment Trust Fbo Minnesota Opera Company 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.