Minnesota Furs
Nonprofit profile at a glance
- EIN
- 460978790
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2015
- Location
- Saint Paul, MN, USA
- Phone
- 4022164698
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $210,820
- Expenses
- $180,725
- Assets
- $176,796
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Heather McFarlane (President)
- Tiffany Springer (Vice President)
- Winston Thao (Vice President)
People named in this filing
- Heather McFarlane (President)
- Tiffany Springer (Vice President)
- Winston Thao (Vice President)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Minnesota Furs is organized exclusively for charitable artistic and educational purposes specifically to promote public awareness and education of anthropomorphic arts and culture together with other organizations in the broader community. MNFurs will organize and participate in a variety of public and private events aimed to encourage the community to flourish organize and build productive networks with the broader public.
What it reported doing in 2024
Provide year round education and gathering events for artists writers performers and other members of our local community.These events on average have 200 attendees and are funded directly by membership, merchandise sales and donations from the community
Operating model
- Revenue model
- Membership-supported. 90% of the money available for current operations came from membership dues.
- 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 - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 54
- Accountability: 82
- Sustainability: 61
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.2%; rating input score 82
- Program expense ratio: 95.9%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 9th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- 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: 14.3%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 30.2% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 30.5% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 82.2% of revenue deployed · 95.9% of spending went to programs
- Governance: 34 of 34 board members independent · 4 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $173K in reported program spending
- Leadership: top reported pay $0 · 7 people listed · 0 of 6 pay-setting controls reported
- Consistency: 40 of 41 current checks pass · 1 finding to review
- Schedules: 3 filed schedules · includes executive pay
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.