Takeaction Minnesota Education Fund
EIN: 411635130 · St Paul, MN · NTEE: W06Z
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $8.4M |
| Net Assets | $365K |
Is Takeaction Minnesota Education Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Takeaction Minnesota Education Fund
Takeaction Minnesota Education Fund (EIN: 411635130) is a nonprofit organization based in St Paul, MN, classified under NTEE code W06Z. The organization reported total revenue of $5.5M and total assets of $10.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Takeaction Minnesota Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Takeaction Minnesota Education Fund is a mid-size nonprofit that has been operating for 37 years, with 15 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $8.4M |
| Surplus / Deficit | $-4,227,043 |
| Total Assets | $20.3M |
| Total Liabilities | $19.9M |
| Net Assets | $365K |
| Operating Margin | -101.9% |
| Debt-to-Asset Ratio | 98.2% |
| Months of Reserves | 29.1 months |
Financial Health Grade: C
In 2023, Takeaction Minnesota Education Fund reported a deficit of $4.2M with expenses exceeding revenue, holds 29.1 months of operating reserves (strong position), has a debt-to-asset ratio of 98.2% (high leverage).
Financial Trends
Over 15 years of filings (2010–2023), Takeaction Minnesota Education Fund's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.4% | +12.3% | -20.6% |
| 2022 | -17.7% | -55.1% | -4.3% |
| 2021 | -75.6% | +213.6% | -20.0% |
| 2020 | +900.6% | +62.8% | +2147.5% |
| 2019 | +31.9% | +15.4% | +39.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Takeaction Minnesota Education Fund 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 Takeaction Minnesota Education Fund 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 $4.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 98.2%.
Frequently Asked Questions about Takeaction Minnesota Education Fund
Is Takeaction Minnesota Education Fund a legitimate charity?
Takeaction Minnesota Education Fund (EIN: 411635130) is a registered tax-exempt nonprofit based in Minnesota. It has 15 years of IRS 990 filings on record. Total revenue: $5.5M. No red flags identified. Financial health grade: C.
How does Takeaction Minnesota Education Fund spend its money?
Takeaction Minnesota Education Fund reported $5.5M in total revenue in IRS 990 filings. 15 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Takeaction Minnesota Education Fund tax-deductible?
Takeaction Minnesota Education Fund is registered as a tax-exempt nonprofit (EIN: 411635130). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Takeaction Minnesota Education Fund located?
Takeaction Minnesota Education Fund is headquartered in St Paul, Minnesota and files with the IRS under EIN 411635130. It is classified under NTEE code W06Z.
How many years of IRS 990 filings does Takeaction Minnesota Education Fund have?
Takeaction Minnesota Education Fund has 15 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 $5.5M in total revenue.
Filing History
IRS 990 filing history for Takeaction Minnesota Education Fund showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2023), Takeaction Minnesota Education Fund's revenue has grown by 408.4%, moving from $816K to $4.1M. Total assets increased by 8309.5% over the same period, from $241K to $20.3M. Total functional expenses rose by 718.1%, from $1.0M to $8.4M. In its most recent filing year (2023), Takeaction Minnesota Education Fund reported a deficit of $4.2M, with expenses exceeding revenue. The organization holds $19.9M in liabilities against $20.3M in assets (debt-to-asset ratio: 98.2%), resulting in net assets of $365K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $8.4M | $20.3M | $19.9M | — | — |
| 2022 | $7.2M | $7.5M | $25.6M | $24.5M | — | View 990 |
| 2021 | $8.7M | $16.6M | $26.7M | $25.4M | — | View 990 |
| 2020 | $35.8M | $5.3M | $33.4M | $32.0M | — | View 990 |
| 2019 | $3.6M | $3.3M | $1.5M | $1.3M | — | View 990 |
| 2018 | $2.7M | $2.8M | $1.1M | $1.2M | — | View 990 |
| 2017 | $2.0M | $2.2M | $479K | $465K | — | View 990 |
| 2016 | $618K | $1.2M | $730K | $564K | — | — |
| 2016 | $618K | $1.2M | $730K | $564K | — | View 990 |
| 2015 | $2.0M | $2.4M | $1.2M | $460K | — | View 990 |
| 2014 | $3.0M | $2.2M | $1.6M | $401K | — | View 990 |
| 2013 | $1.6M | $1.7M | $880K | $472K | — | View 990 |
| 2012 | $1.8M | $1.3M | $724K | $278K | — | View 990 |
| 2011 | $1.3M | $1.3M | $347K | $388K | — | View 990 |
| 2010 | $816K | $1.0M | $241K | $321K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $8.4M, and assets of $20.3M (revenue -42.4% year-over-year).
- 2022: Revenue of $7.2M, expenses of $7.5M, and assets of $25.6M (revenue -17.7% year-over-year).
- 2021: Revenue of $8.7M, expenses of $16.6M, and assets of $26.7M (revenue -75.6% year-over-year).
- 2020: Revenue of $35.8M, expenses of $5.3M, and assets of $33.4M (revenue +900.6% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.3M, and assets of $1.5M (revenue +31.9% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.8M, and assets of $1.1M (revenue +34.6% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.2M, and assets of $479K (revenue +225.9% year-over-year).
- 2016: Revenue of $618K, expenses of $1.2M, and assets of $730K (revenue +0.0% year-over-year).
- 2016: Revenue of $618K, expenses of $1.2M, and assets of $730K (revenue -68.6% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.4M, and assets of $1.2M (revenue -34.2% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.2M, and assets of $1.6M (revenue +82.2% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.7M, and assets of $880K (revenue -10.4% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.3M, and assets of $724K (revenue +38.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $347K (revenue +63.2% year-over-year).
- 2010: Revenue of $816K, expenses of $1.0M, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Takeaction Minnesota Education Fund:
Data Sources and Methodology
This transparency report for Takeaction Minnesota Education Fund 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.