Vote Yes 4 Minneapolis

Nonprofit profile at a glance

EIN
853264319
IRS 990 coverage
2020–2021
Forms available
Form 990 2021
Location
St Paul, MN, USA
Phone
5073042713
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$3,054,409
Expenses
$3,166,620
Assets
$151,146
Liabilities
$37,011

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • KANDACE MONTGOMERY (PRESIDENT)

People named in this filing

  • KANDACE MONTGOMERY (PRESIDENT)
  • JANA KOOREN (SECRETARY)
  • EMILY FALENCZYKOWSKI-SCOTT (TREASURER)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of yes 4 minneapolis is to lobby for passage of the amendment to the charter of the city of minneapolis, eliminating "police" as a chartered department and replacing it with "public safety department; engage in conversations with the black community around understanding the problems with the current system of policing and how they would like to see it changed; as well as educate black community members about how to participate and provide input in city-level government.

What it reported doing in 2021

General program activity, communication activity, field & canvassing, and research.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 92
  • Accountability: 82
  • Sustainability: 23
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.8%; rating input score 96
  • Program expense ratio: 92.4%; rating input score 92
  • Fundraising efficiency: $48.95 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 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: -3.7%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 92; 92nd percentile among comparable filings

Growth

  • Program expense growth: 166.7% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: 143.5% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: -76.7% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 95.8% of revenue deployed · 92.4% of spending went to programs
  • Governance: 3 of 3 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2.9M in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Highest-paid contractors: 5 contractors listed · $2M reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 2 filed schedules · includes major donors
  • Filing history: 2 filing years from 2020 to 2021
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.