Poverello Foundation
EIN: 411494881 · Rochester, MN
| Metric | Value |
|---|---|
| Total Expenses | $1.5M |
| Net Assets | $38.5M |
Is Poverello Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Poverello Foundation
Poverello Foundation (EIN: 411494881) is a nonprofit organization based in Rochester, MN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Poverello Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Poverello Foundation is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $38.5M |
| Net Assets | $38.5M |
| Operating Margin | 42.0% |
| Months of Reserves | 312.9 months |
Financial Health Grade: A
In 2014, Poverello Foundation reported a surplus of $1.1M with revenue exceeding expenses, holds 312.9 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Poverello Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -52.1% | +10.7% | +5.3% |
| 2013 | +141.4% | +9.0% | +21.8% |
| 2012 | +0.2% | +3.8% | +11.4% |
AI Analysis Pending
AI enrichment for Poverello Foundation 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 Poverello Foundation 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
Frequently Asked Questions about Poverello Foundation
Is Poverello Foundation a legitimate charity?
Poverello Foundation (EIN: 411494881) is a registered tax-exempt nonprofit based in Minnesota. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Poverello Foundation spend its money?
Poverello Foundation reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Poverello Foundation tax-deductible?
Poverello Foundation is registered as a tax-exempt nonprofit (EIN: 411494881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Poverello Foundation located?
Poverello Foundation is headquartered in Rochester, Minnesota and files with the IRS under EIN 411494881.
How many years of IRS 990 filings does Poverello Foundation have?
Poverello Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Poverello Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Poverello Foundation's revenue has grown by 15.9%, moving from $2.2M to $2.5M. Total assets increased by 42.8% over the same period, from $26.9M to $38.5M. Total functional expenses rose by 25.2%, from $1.2M to $1.5M. In its most recent filing year (2014), Poverello Foundation reported a surplus of $1.1M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $2.5M | $1.5M | $38.5M | $0 | — | View 990 |
| 2013 | $5.3M | $1.3M | $36.5M | $0 | — | View 990 |
| 2012 | $2.2M | $1.2M | $30.0M | $0 | — | View 990 |
| 2011 | $2.2M | $1.2M | $26.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $2.5M, expenses of $1.5M, and assets of $38.5M (revenue -52.1% year-over-year).
- 2013: Revenue of $5.3M, expenses of $1.3M, and assets of $36.5M (revenue +141.4% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.2M, and assets of $30.0M (revenue +0.2% year-over-year).
- 2011: Revenue of $2.2M, expenses of $1.2M, and assets of $26.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Poverello Foundation:
Data Sources and Methodology
This transparency report for Poverello Foundation 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.