Minneapolis Moline Collectors

Nonprofit profile at a glance

EIN
421304297
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-N 2023
Location
Minnesota Lake, MN, USA
Phone
5073803707
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$158,035
Expenses
$57,532
Assets
$290,655
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • JAY GROSKREUTZ (PRESIDENT)

People named in this filing

  • KENTON BENNER (DIRECTOR)
  • JAY GROSKREUTZ (PRESIDENT)
  • TRENTON KULA (SHOW CONTACT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization promotes the preservation and enjoyment of the products of minneapolis-moline, its predecessors and related companies, and for the education of the public as to the historical nature and role of such products.

What it reported doing in 2025

Scholarships- in 1997, to be sure the mm legacy reaches younger generations, the collectors established an annual scholarship, which is now worth 2,000. The minneapolis-moline collectors are unique in making a scholarship available each year to anyone who is a current mmci member, members child or grandchild. The applicant must attend a vocational school, two year, or four year college or university.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 85
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.1%; rating input score 40
  • Program expense ratio: 97.9%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 63.6%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 5.05; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: -0.4% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -27.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 41.8% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 40.1% of revenue deployed · 97.9% of spending went to programs
  • Governance: 597 of 597 board members independent · 1 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $56K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.