Overview
What is Minnesota Foundation For Fiscal Excellence?
The Minnesota Foundation for Fiscal Excellence is a nonprofit organization situated in St. Paul, Minnesota. Its primary focus is to advocate for sound fiscal policies and promote more efficient governmental practices. They provide objective research and analysis on state and local tax and spending issues, aiming to support effective, efficient, and accountable government. This organization serves as a supporting entity for the Minnesota Center for Fiscal Excellence, a tax-exempt corporation, contributing valuable information to the citizens and taxpayers of Minnesota regarding government affairs.
Official website here: www.fiscalexcellence.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Minnesota Foundation For Fiscal Excellence has achieved a solid rating of 83%, reflecting its strong performance in key areas of accountability and finance. The organization boasts a fully independent board and a high program expense ratio of 99.51%, indicating that nearly all of its resources are directed toward its programs rather than administrative costs. This demonstrates a commitment to effectively utilizing donations for its mission.
However, there are notable areas for improvement. The foundation has a missing whistleblower policy and lacks a document retention and destruction policy, both of which are important for ensuring transparency and accountability. While the organization scores well in other categories, addressing these gaps could enhance its overall governance and strengthen trust among supporters.
Overall, the Minnesota Foundation For Fiscal Excellence demonstrates effective financial management and a strong focus on its programs, but it should work on improving its policies to align with best practices in nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Foundation For Fiscal Excellence legitimate?
Minnesota Foundation For Fiscal Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Foundation For Fiscal Excellence submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fiscalexcellence.org
What is the mission statement of Minnesota Foundation For Fiscal Excellence?
The Minnesota Foundation for Fiscal Excellence is dedicated to providing objective research and analysis on state and local tax and spending issues. Its primary goal is to support effective, efficient, and accountable government. This organization serves as a supporting body for the Minnesota Center for Fiscal Excellence, a tax-exempt corporation. The foundation works towards promoting sound fiscal policies, establishing more efficient governmental policies and practices, and educates citizens and taxpayers in Minnesota about their government's affairs.
Official website here: www.fiscalexcellence.org
Who is the CEO of Minnesota Foundation For Fiscal Excellence?
Mark Haveman is the Executive Director of Minnesota Foundation For Fiscal Excellence.
Official website here: www.fiscalexcellence.org
What is the revenue of Minnesota Foundation For Fiscal Excellence?
Minnesota Foundation For Fiscal Excellence's revenue in 2022 was $62,808.
Official website here: www.fiscalexcellence.org
Who are the executives of Minnesota Foundation For Fiscal Excellence and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $122,342
- Other: $3,670
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- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fiscalexcellence.org
Where can I find the form 990 for Minnesota Foundation For Fiscal Excellence?
Minnesota Foundation For Fiscal Excellence's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fiscalexcellence.org
Learn more at the official website: www.fiscalexcellence.org
Mission Statement of Minnesota Foundation For Fiscal Excellence
The Minnesota Foundation for Fiscal Excellence, as a supporting organization of the Minnesota Center for Fiscal Excellence, is dedicated to providing objective research and analysis on state and local tax and spending issues. Their mission is to advocate for effective, efficient, and accountable government, aiming to establish policies and practices that contribute to better governance. The organization's efforts are geared towards providing valuable information to the citizens and taxpayers of Minnesota, enabling them to make informed decisions about their government's affairs. By promoting sound fiscal policies, the Minnesota Foundation for Fiscal Excellence strives to enhance the overall well-being of the state's citizens.
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Impact
October, 2024
The Minnesota Foundation For Fiscal Excellence significantly impacts state and local governance by delivering objective research and analysis on tax and spending issues. This expertise supports the development of sound fiscal policies, leading to more efficient government practices and increased accountability. By providing valuable information to citizens and taxpayers, the foundation empowers them to engage with government affairs effectively, fostering a well-informed electorate focused on promoting effective governance. Its commitment to transparency and efficiency enhances public understanding and trust in government operations, ultimately contributing to a stronger and more resilient Minnesota.
This information is meant to be a general summary of Minnesota Foundation For Fiscal Excellence. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,632
- Gross Receipts: $62,808
Assets and Liabilities:
- Total Assets: $585,671
- Total Liabilities: $13,010
- Net Assets: $572,661
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Organization Details
Founding Year
1983
Phone
(651) 224-7477Principal Officer
Mark Haveman
Main Address
85 EAST SEVENTH PLACE 250, ST PAUL, MN, 551012173
Website
www.fiscalexcellence.orgNTEE Category
Code: T11 - Philanthropy
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