Teamsters 3001 Building Corporation
EIN: 411761099 · Minneapolis, MN
| Metric | Value |
|---|---|
| Total Revenue | $418K |
| Total Expenses | $483K |
| Net Assets | $565K |
Is Teamsters 3001 Building Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Teamsters 3001 Building Corporation
Teamsters 3001 Building Corporation (EIN: 411761099) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $418K and total assets of $554K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teamsters 3001 Building Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teamsters 3001 Building Corporation is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $406K |
| Total Expenses | $483K |
| Surplus / Deficit | $-77,030 |
| Total Assets | $583K |
| Total Liabilities | $18K |
| Net Assets | $565K |
| Operating Margin | -19.0% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 14.5 months |
Financial Health Grade: B
In 2023, Teamsters 3001 Building Corporation reported a deficit of $77K with expenses exceeding revenue, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Teamsters 3001 Building Corporation's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.2% | +10.0% | -11.1% |
| 2022 | +9.0% | +3.5% | +9.2% |
| 2021 | +9.9% | -1.7% | -3.0% |
| 2020 | +0.7% | +7.9% | +1.9% |
| 2019 | -11.8% | +9.9% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Teamsters 3001 Building Corporation 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 Teamsters 3001 Building Corporation 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 $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.1%.
Frequently Asked Questions about Teamsters 3001 Building Corporation
Is Teamsters 3001 Building Corporation a legitimate charity?
Teamsters 3001 Building Corporation (EIN: 411761099) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $418K. No red flags identified. Financial health grade: B.
How does Teamsters 3001 Building Corporation spend its money?
Teamsters 3001 Building Corporation reported $418K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Teamsters 3001 Building Corporation tax-deductible?
Teamsters 3001 Building Corporation is registered as a tax-exempt nonprofit (EIN: 411761099). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Teamsters 3001 Building Corporation located?
Teamsters 3001 Building Corporation is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411761099.
How many years of IRS 990 filings does Teamsters 3001 Building Corporation have?
Teamsters 3001 Building Corporation has 13 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 $418K in total revenue.
Filing History
IRS 990 filing history for Teamsters 3001 Building Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Teamsters 3001 Building Corporation's revenue has declined by 2.9%, moving from $418K to $406K. Total assets increased by 33% over the same period, from $438K to $583K. Total functional expenses rose by 29.7%, from $373K to $483K. In its most recent filing year (2023), Teamsters 3001 Building Corporation reported a deficit of $77K, with expenses exceeding revenue. The organization holds $18K in liabilities against $583K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $565K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $406K | $483K | $583K | $18K | — | View 990 |
| 2022 | $485K | $439K | $656K | $14K | — | View 990 |
| 2021 | $445K | $424K | $600K | $4K | — | — |
| 2020 | $405K | $432K | $619K | $43K | — | — |
| 2019 | $402K | $400K | $608K | $5K | — | View 990 |
| 2018 | $456K | $364K | $608K | $7K | — | View 990 |
| 2017 | $390K | $377K | $517K | $8K | — | View 990 |
| 2016 | $437K | $346K | $506K | $10K | — | View 990 |
| 2015 | $497K | $322K | $414K | $7K | — | View 990 |
| 2014 | $415K | $331K | $308K | $77K | — | View 990 |
| 2013 | $394K | $454K | $304K | $156K | — | View 990 |
| 2012 | $401K | $329K | $436K | $229K | — | View 990 |
| 2011 | $418K | $373K | $438K | $303K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $406K, expenses of $483K, and assets of $583K (revenue -16.2% year-over-year).
- 2022: Revenue of $485K, expenses of $439K, and assets of $656K (revenue +9.0% year-over-year).
- 2021: Revenue of $445K, expenses of $424K, and assets of $600K (revenue +9.9% year-over-year).
- 2020: Revenue of $405K, expenses of $432K, and assets of $619K (revenue +0.7% year-over-year).
- 2019: Revenue of $402K, expenses of $400K, and assets of $608K (revenue -11.8% year-over-year).
- 2018: Revenue of $456K, expenses of $364K, and assets of $608K (revenue +17.1% year-over-year).
- 2017: Revenue of $390K, expenses of $377K, and assets of $517K (revenue -10.8% year-over-year).
- 2016: Revenue of $437K, expenses of $346K, and assets of $506K (revenue -12.2% year-over-year).
- 2015: Revenue of $497K, expenses of $322K, and assets of $414K (revenue +19.8% year-over-year).
- 2014: Revenue of $415K, expenses of $331K, and assets of $308K (revenue +5.3% year-over-year).
- 2013: Revenue of $394K, expenses of $454K, and assets of $304K (revenue -1.6% year-over-year).
- 2012: Revenue of $401K, expenses of $329K, and assets of $436K (revenue -4.3% year-over-year).
- 2011: Revenue of $418K, expenses of $373K, and assets of $438K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teamsters 3001 Building Corporation:
Data Sources and Methodology
This transparency report for Teamsters 3001 Building Corporation 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.