Regents Of The University Of Minnesota
Regents Of The University Of Minnesota maintains stable finances with consistent asset growth and no reported liabilities.
EIN: 201882488 · Preston, MN · NTEE: O52 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $156K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $24,455 |
| Net Assets | $154K |
| Transparency Score | 88/100 |
Is Regents Of The University Of Minnesota Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Regents Of The University Of Minnesota directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Regents Of The University Of Minnesota
Regents Of The University Of Minnesota (EIN: 201882488) is a nonprofit organization based in Preston, MN, classified under NTEE code O52. The organization reported total revenue of $162K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regents Of The University Of Minnesota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regents Of The University Of Minnesota is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $150K |
| Total Expenses | $156K |
| Surplus / Deficit | $-6,883 |
| Total Assets | $154K |
| Net Assets | $154K |
| Operating Margin | -4.6% |
| Months of Reserves | 11.8 months |
Financial Health Grade: B
In 2023, Regents Of The University Of Minnesota reported a deficit of $7K with expenses exceeding revenue, holds 11.8 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Regents Of The University Of Minnesota's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | +29.3% | -4.3% |
| 2022 | +14.4% | +50.7% | +1.1% |
| 2021 | +338.6% | +247.8% | +20.4% |
| 2020 | -80.0% | -79.9% | +1.1% |
| 2019 | -2.8% | -6.4% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Regents Of The University Of Minnesota with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Regents Of The University Of Minnesota allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through an external entity, which is highly efficient for an organization of its size with revenues ranging from $24,455 to $149,574.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Regents Of The University Of Minnesota's IRS 990 filings:
- Lack of detailed breakdown on program vs. administrative vs. fundraising expenses in provided data, requiring estimation for spending breakdown.
Strengths
The following positive indicators were identified for Regents Of The University Of Minnesota:
- Consistent asset growth, increasing from $96,067 in 2014 to $154,386 in 2023.
- Zero reported liabilities across all filings, indicating strong financial health and low risk.
- 0% reported officer compensation, suggesting highly efficient use of funds for leadership.
- Generally stable revenue and expense patterns over a decade, demonstrating operational consistency.
Frequently Asked Questions about Regents Of The University Of Minnesota
Is Regents Of The University Of Minnesota a legitimate charity?
Based on AI analysis of IRS 990 filings, Regents Of The University Of Minnesota (EIN: 201882488) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Regents Of The University Of Minnesota spend its money?
Regents Of The University Of Minnesota directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Regents Of The University Of Minnesota tax-deductible?
Regents Of The University Of Minnesota is registered as a tax-exempt nonprofit (EIN: 201882488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Regents Of The University Of Minnesota CEO make?
Regents Of The University Of Minnesota's highest-compensated officer earns $24,455 annually. The organization reported $162K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Regents Of The University Of Minnesota's spending goes to programs?
Regents Of The University Of Minnesota directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Regents Of The University Of Minnesota compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Regents Of The University Of Minnesota is above average for NTEE category O52 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Regents Of The University Of Minnesota located?
Regents Of The University Of Minnesota is headquartered in Preston, Minnesota and files with the IRS under EIN 201882488. It is classified under NTEE code O52.
How many years of IRS 990 filings does Regents Of The University Of Minnesota have?
Regents Of The University Of Minnesota has 11 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 $162K in total revenue.
Is Regents Of The University Of Minnesota financially stable?
Yes, the organization appears financially stable, consistently reporting zero liabilities and demonstrating steady asset growth from $96,067 in 2014 to $154,386 in 2023.
How does Regents Of The University Of Minnesota manage executive compensation?
All available IRS 990 filings indicate 0% officer compensation, suggesting a highly efficient model where executive leadership is likely volunteer-based or compensated externally.
Has the organization experienced significant financial fluctuations?
While revenues have fluctuated, notably a dip to $24,455 in 2020, the organization has consistently maintained positive net assets and zero liabilities, indicating resilience.
Filing History
IRS 990 filing history for Regents Of The University Of Minnesota showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Regents Of The University Of Minnesota's revenue has grown by 20.3%, moving from $124K to $150K. Total assets increased by 97.2% over the same period, from $78K to $154K. Total functional expenses rose by 59%, from $98K to $156K. In its most recent filing year (2023), Regents Of The University Of Minnesota reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $156K | $154K | $0 | — | — |
| 2022 | $123K | $121K | $161K | $0 | — | View 990 |
| 2021 | $107K | $80K | $160K | $0 | — | View 990 |
| 2020 | $24K | $23K | $133K | $0 | — | View 990 |
| 2019 | $122K | $115K | $131K | $0 | — | View 990 |
| 2018 | $126K | $123K | $124K | $0 | — | View 990 |
| 2017 | $139K | $133K | $121K | $0 | — | View 990 |
| 2016 | $132K | $116K | $115K | $0 | — | View 990 |
| 2015 | $134K | $131K | $99K | $0 | — | View 990 |
| 2014 | $118K | $100K | $96K | $0 | — | View 990 |
| 2013 | $124K | $98K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $156K, and assets of $154K (revenue +21.9% year-over-year).
- 2022: Revenue of $123K, expenses of $121K, and assets of $161K (revenue +14.4% year-over-year).
- 2021: Revenue of $107K, expenses of $80K, and assets of $160K (revenue +338.6% year-over-year).
- 2020: Revenue of $24K, expenses of $23K, and assets of $133K (revenue -80.0% year-over-year).
- 2019: Revenue of $122K, expenses of $115K, and assets of $131K (revenue -2.8% year-over-year).
- 2018: Revenue of $126K, expenses of $123K, and assets of $124K (revenue -9.7% year-over-year).
- 2017: Revenue of $139K, expenses of $133K, and assets of $121K (revenue +5.7% year-over-year).
- 2016: Revenue of $132K, expenses of $116K, and assets of $115K (revenue -1.8% year-over-year).
- 2015: Revenue of $134K, expenses of $131K, and assets of $99K (revenue +13.6% year-over-year).
- 2014: Revenue of $118K, expenses of $100K, and assets of $96K (revenue -4.9% year-over-year).
- 2013: Revenue of $124K, expenses of $98K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regents Of The University Of Minnesota:
Data Sources and Methodology
This transparency report for Regents Of The University Of Minnesota 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.