Safe Passage For Children Of Minnesota
EIN: 271363426 · Minnetonka, MN · NTEE: I72
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $233K |
| Net Assets | $78K |
Is Safe Passage For Children Of Minnesota Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Safe Passage For Children Of Minnesota
Safe Passage For Children Of Minnesota (EIN: 271363426) is a nonprofit organization based in Minnetonka, MN, classified under NTEE code I72. The organization reported total revenue of $311K and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Passage For Children Of Minnesota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safe Passage For Children Of Minnesota is a small nonprofit that has been operating for 15 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 20.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $233K |
| Surplus / Deficit | $-94,766 |
| Total Assets | $86K |
| Total Liabilities | $8K |
| Net Assets | $78K |
| Operating Margin | -68.7% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, Safe Passage For Children Of Minnesota reported a deficit of $95K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Safe Passage For Children Of Minnesota's revenue has grown at a compound annual growth rate (CAGR) of 20.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.1% | +54.1% | -50.8% |
| 2022 | +21.2% | +2.4% | +25.3% |
| 2021 | +15.0% | +3.9% | +4.7% |
| 2020 | -26.3% | +88.7% | -4.3% |
| 2019 | +222.1% | -3.9% | +316.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Safe Passage For Children Of Minnesota 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 Safe Passage For Children Of Minnesota 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 deficit of $95K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Frequently Asked Questions about Safe Passage For Children Of Minnesota
Is Safe Passage For Children Of Minnesota a legitimate charity?
Based on AI analysis of IRS 990 filings, Safe Passage For Children Of Minnesota (EIN: 271363426) insufficient data. 0 red flags identified, 0 strengths noted.
How does Safe Passage For Children Of Minnesota spend its money?
Detailed spending breakdown data is not yet available for Safe Passage For Children Of Minnesota. Check back for updated IRS 990 analysis.
Are donations to Safe Passage For Children Of Minnesota tax-deductible?
Safe Passage For Children Of Minnesota is registered as a tax-exempt nonprofit (EIN: 271363426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Safe Passage For Children Of Minnesota located?
Safe Passage For Children Of Minnesota is headquartered in Minnetonka, Minnesota and files with the IRS under EIN 271363426. It is classified under NTEE code I72.
How many years of IRS 990 filings does Safe Passage For Children Of Minnesota have?
Safe Passage For Children Of Minnesota 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 $311K in total revenue.
Filing History
IRS 990 filing history for Safe Passage For Children Of Minnesota showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Safe Passage For Children Of Minnesota's revenue has grown by 201.2%, moving from $46K to $138K. Total assets increased by 56.5% over the same period, from $55K to $86K. Total functional expenses rose by 430.2%, from $44K to $233K. In its most recent filing year (2023), Safe Passage For Children Of Minnesota reported a deficit of $95K, with expenses exceeding revenue. The organization holds $8K in liabilities against $86K in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $233K | $86K | $8K | — | — |
| 2022 | $186K | $151K | $176K | $2K | — | — |
| 2021 | $154K | $147K | $140K | $3K | — | View 990 |
| 2020 | $134K | $142K | $134K | $3K | — | — |
| 2019 | $182K | $75K | $140K | $626 | — | View 990 |
| 2018 | $56K | $78K | $34K | $637 | — | View 990 |
| 2017 | $46K | $44K | $55K | $337 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $233K, and assets of $86K (revenue -26.1% year-over-year).
- 2022: Revenue of $186K, expenses of $151K, and assets of $176K (revenue +21.2% year-over-year).
- 2021: Revenue of $154K, expenses of $147K, and assets of $140K (revenue +15.0% year-over-year).
- 2020: Revenue of $134K, expenses of $142K, and assets of $134K (revenue -26.3% year-over-year).
- 2019: Revenue of $182K, expenses of $75K, and assets of $140K (revenue +222.1% year-over-year).
- 2018: Revenue of $56K, expenses of $78K, and assets of $34K (revenue +23.1% year-over-year).
- 2017: Revenue of $46K, expenses of $44K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Safe Passage For Children Of Minnesota:
Data Sources and Methodology
This transparency report for Safe Passage For Children 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.