Minnesota · Nonprofit
HEART OF THE CITY RACE
HEART OF THE CITY RACE (Minnesota) receives grants from 3 organizations whose IRS filings report $8,027 to it, the largest being DCM FOUNDATION ($5,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $46k
- Funders on record
- 3
- Grants received
- $8k
- Net assets
- $14k
What Heart of the City Race does
Mission
Provide funding to the kids feeding kids program of the boys and girls clubs of the twin cities through our annual race event and other fundraising efforts.
As stated on its FY2024 Form 990-EZ.
Program
Provide funding to the boys and girls club through annual race event and other fundraising efforts.
$40,000 spentof which $40,000 as grants100% of program spending
The program described on its FY2024 Form 990-EZ. Program spending in total: $40,000.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $3k to $17k (+480%).
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.
98% of HEART OF THE CITY RACE’s revenue is contributions — about as donation-reliant as the typical peer (99% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
Who funds it, year by year
2019 → 2021: the base broadened from 1 funder to 2 funders, grant income rose $527 → $8k.
From the IRS filings of HEART OF THE CITY RACE’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.
How concentrated its funding is
HEART OF THE CITY RACE leans on a few funders — its largest provides 62% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2019 100% · 2021 67% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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 HEART OF THE CITY RACE's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
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.
Against its field
HEART OF THE CITY RACE runs a healthier operating margin than half of the 4,682 youth development nonprofits its size.
this organization peer median middle 50% of peers· 4,682 youth development nonprofits under $100k, FY2024
Organizations like HEART OF THE CITY RACE
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
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HEART OF THE CITY RACE: 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.
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 HEART OF THE CITY RACE?
- HEART OF THE CITY RACE (Minnesota) receives grants from 3 organizations whose IRS filings report $8,027 to it, the largest being DCM FOUNDATION ($5,000). 0 of them have funded it in more than one year.
- How many funders does HEART OF THE CITY RACE have?
- IRS filings report 3 organizations giving $8,027 in grants to HEART OF THE CITY RACE.
- Who is the largest funder of HEART OF THE CITY RACE?
- DCM FOUNDATION is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
- How can an organization like HEART OF THE CITY RACE 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 Heart of the City Race →
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 3 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