Minnesota Community Foundation
Nonprofit profile at a glance
- EIN
- 410832480
- IRS 990 coverage
- 2010–2019
- Forms available
- Form 990 2019
- Location
- Saint Paul, MN, USA
- Phone
- 6512245463
- Rating confidence
- Limited
- Sector
- Community Foundations
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
24 people listed
People named in this filing
- PAUL SNYDER (BOARD CHAIR)
- JANICE ANGELL (BOARD VICE C)
- JILL FARRINGTON (BOARD MEMBER)
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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Purpose: we inspire generosity, advocate for equity and invest in community-led solutions. Aspiration: we envision an equitable, just and vibrant Minnesota where all communities and people thrive. Values: we listen. We innovate and learn. Community is our compass. We commit to equity. We nurture philanthropy. About Minnesota community foundation we believe in the best of Minnesota and the power of its communities. With roots in saint paul and partners across the state, we are one of Minnesota's largest community foundations and the partner of choice for thousands of donors, nonprofits, and community organizations. We inspire generosity to make Minnesota better for all who call it home. We believe in the best of Minnesota and the power of its communities. We believe there is no hierarchy in human value. We believe that our communities are only as strong as our most vulnerable. We believe generosity inspires change. With roots in saint paul and partners across the state, we are Minnesota
What it reported doing in 2019
Inspiring generosity to strengthen Minnesota communities.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Accountability: 30
- Sustainability: NotEnoughData
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 82.4%; rating input score 82; 2nd 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: Limited
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 1.2% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 43rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 24 people listed
- Consistency: 7 of 9 current checks pass · 2 findings to review
- Schedules: 6 filed schedules
- Filing history: 10 filing years from 2010 to 2019
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 3 filed related-organization links
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.