Nonprofit screen
Screen a listMinneapolis Heart Institute Foundation
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
- Registered
- Charity type
- 509(a)(1)
$24Mrevenue
FY2024 · +29% in 3 yrs143staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin17.7%
Months of reserve10.9mo
Revenue growth (annualized)+10.8%
Middle half of peersMedianMinneapolis Heart Institute
Where the money goes FY2024 · $19M spent
Programs$13M67%Management and general$3.9M20%Fundraising$2.5M13%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor3
Strong governance
32 of 32 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 11% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 5 of its 5 returns, 14% of revenue in FY2021. $111k is traced federal awards from Department of Veterans Affairs.
990 Part VIII · USAspending83funders
$2.5Ma year, last 3 years
40%from its largest funder
Funder’17’18’19’20’21’22’23The James M Stanton FoundationStopped after FY2022$462k$1.4M$1.2M$1.2M–Nolan Family FoundationSince FY2020$1.0M$1.0M$1.0M$958kJoseph F and Mary M Fleischhacker Family FoundationOn and off$216k$100k$104k$113kAmerican College of Cardiology FoundationOn and off$125k$50k$75k$75kJohn M & Susan Morrison FoundationStopped after FY2019$210k$70k–Sundet FoundationSince FY2022$100k$100kDonor-advised giftsDonors not disclosed$455k$85k$214k$360k$142k$413k$400k48 other fundersUp to $200k a year each$106k$293k$170k$145k$141k$160k$187k
FundedThrough a donor-advised fundStopped