Eden Prairie Community Foundation

Nonprofit profile at a glance

EIN
411409203
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-EZ 2010
Location
Eden Prairie, MN, USA
Phone
9529498499
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$564,565
Expenses
$393,395
Assets
$2,344,669
Liabilities
$11,928

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • GREG LEEPER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • GREG LEEPER (EXECUTIVE DIRECTOR): $106,150 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Enriching our community through philanthropy, collaboration and leadership.

What it reported doing in 2024

The eden prairie community foundation was created in 1981 to be a vehicle for philanthropy, collaboration, and leadership in eden prairie. We identify new or chronic needs within our diverse community and partner with nonprofits, donors, and community members to meet those needs to help make life better for everyone in eden prairie.epcf has awarded more than $2 million in direct grants to more than 100 different organizations and, when all funds and granting is counted, has generated more than $1 million in philanthropy over the past five years alone.program service accomplishments include assistance to eden prairie residents experiencing food and housing insecurity, violence and abuse, homelessness, and much more.to foster leadership, collaboration, philanthropy, volunteerism, and overall "giving back to the community," the foundation also connects people who wish to volunteer to nonprofits that need them. It partners with the city and schools on a "state of eden prairie" presentation. It helps organize an annual peoplefest event to celebrate eden prairie's growing diversity. And, it gathers monthly with eden prairie's nonprofit leaders to discuss topics of mutual interest. These are just a few of our collaborative efforts to make eden prairie better.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 73
  • Accountability: 90
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52%; rating input score 52
  • Program expense ratio: 74.2%; rating input score 74
  • Fundraising efficiency: $8.39 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 33.5%; rating input score 34; 27th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 30.3%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 5.96; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 27%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 6.1% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 8.3% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 12.1% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 52% of revenue deployed · 74.2% of spending went to programs
  • Governance: 14 of 14 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $292K in reported program spending
  • Leadership: top reported pay $106K · 15 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Moderate — Transparency & Controls: Grant itemization coverage scored 34/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 8/100.