Nonprofit screen
Screen a listMidwest Minnesota Community Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$25Mrevenue
FY2024 · +206% in 3 yrs44staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpending
Against similar nonprofits FY2024
Operating margin34.3%
Months of reserve20.6mo
Revenue growth (annualized)+18.8%
Middle half of peersMedianMidwest Minnesota Community Development
Where the money goes FY2024 · $17M spent
Programs$15M93%Management and general$922k6%Fundraising$308k2%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor3
Strong governance
12 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 19% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 3% of revenue in FY2024. $5.0M is traced federal awards from Department of the Treasury.
990 Part VIII · USAspending10funders
$1.1Ma year, last 3 years
55%from its largest funder
Funder’17’18’19’20’21’22’23Neighborhood Reinvestment CorporationEvery year since FY2017$624k$535k$585k$565k$605k$556k$608kThe McKnight FoundationNew in FY2023$580kOtto Bremer TrustOn and off$500kOpportunity Finance NetworkNew in FY2023$250kGolden State OpportunityOn and off$71k$46k$56kLocal Initiatives Support CorporationOn and off$36k$33k$33kDonor-advised giftsDonors not disclosed$5k2 other fundersUp to $20k a year each$10k$10k$20k
FundedThrough a donor-advised fund