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Minnesota · Nonprofit

50TH & FRANCE BUSINESS & PROFESSIONAL ASSN

50TH & FRANCE BUSINESS & PROFESSIONAL ASSN (Minnesota) receives grants from 1 organization whose IRS filings report $70,000 to it, the largest being Edina Chamber of Commerce ($70,000). 1 of them have funded it in more than one year.

Revenue FY2024
$476k
Funders on record
1
Grants received
$70k
Net assets
$110k
1/1 repeat funderspeak grant-dependency 2%
01What it does

What 50th & France Business & Professional Assn does

Mission

The association promotes the general welfare and economic well-being of the 50th and france business district and to accomplish more collectively than could be achieved individually in the following areas: advertising, marketing and promotion, operations, member communications, community relations, public relations, member services, development issues, and government relations.

As stated on its FY2024 Form 990.

Programs

  1. Membership - we offer many benefits to our members such as: website page, networking events, monthly newsletter, beatification projects, and opportunities to promote business events on social media. The association acts as a place of information, a liaison with both city districts, a place to voice opinions or concerns. Changes members would like to accomplish are events - we host edina art fair, ladies nights out, fashion shows, restaurant weeks, etc, driven directly by the association. We are the bridge from business to business and city to city.

    $43,409 spent
    17% of program spending
  2. Events - we host edina art fair, ladies nights out, fashion shows, restaurant weeks, etc. Driven directly by the association. We are the bridge from business to business and city to city. Holiday tree lighting, and a pumpkin fest event in which we host at 50th & france. Each event draws in visitors anywhere from 300-100,000 people depending on the event. Events drive traffic to the business district and directly help businesses increase sales. Each event is open for members to participate in as a part of their annual membership dues. Each event has grown in size every year due to the advertising we do and success of participation from store and interest level from the public. We have over 50% participation level from our members in events we host.

    $70,663 spent
    28% of program spending
  3. Marketing/promotion - we advertise events and generically advertise shopping for 50th & france. Through our efforts of promoting the area we have become a destination. The promotions we have done directly increased sales for businesses, brought new business to the area, and kept 50th & france in the media weekly.

    $135,178 spent
    54% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $249,250.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($396k) Expenses 100 ($396k) Net assets 100 ($76k)2018 Revenue 103 ($409k) Expenses 104 ($412k) Net assets 96 ($73k)2019 Revenue 102 ($405k) Expenses 109 ($430k) Net assets 63 ($48k)2020 Revenue 51 ($202k) Expenses 50 ($199k) Net assets 67 ($51k)2021 Revenue 55 ($220k) Expenses 46 ($182k) Net assets 115 ($88k)2022 Revenue 109 ($432k) Expenses 109 ($432k) Net assets 116 ($88k)2023 Revenue 108 ($430k) Expenses 89 ($353k) Net assets 216 ($165k)2024 Revenue 120 ($476k) Expenses 135 ($534k) Net assets 144 ($110k)
'17'18'19'20'21'22'23'24
Revenue (120)Expenses (135)Net assets (144)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $99k to $186k (+89%).

$122k
$102k
$72k
$69k
$90k
$99k
$186k
$111k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2020 16% · 2021 46%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$236
’17
−$3k
’18
−$25k
’19
$3k
’20
$37k
’21
$177
’22
$77k
’23
−$57k
’24
2.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Rebecca Sorensen

Executive Director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed101010108988
Joined·+6+3+0+4+2+0+1
No longer listed·6306111
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
total
funders
1
1

From the IRS filings of 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN's grant income comes from Minnesota funders.

MN

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

47% of spending goes to programs.

Program 47%Management 6%Fundraising 47%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN?
50TH & FRANCE BUSINESS & PROFESSIONAL ASSN (Minnesota) receives grants from 1 organization whose IRS filings report $70,000 to it, the largest being Edina Chamber of Commerce ($70,000). 1 of them have funded it in more than one year.
How many funders does 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN have?
IRS filings report 1 organization giving $70,000 in grants to 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN, 1 of which have funded it in more than one year.
Who is the largest funder of 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN?
Edina Chamber of Commerce is the largest funder on record, with $70,000 in grants. The full list of funders is on this page.
How can an organization like 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds 50th & France Business & Professional Assn →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing