Overview
What is Takeaction Mn Education Fund?
Takeaction MN Education Fund is a multifaceted nonprofit organization based in St. Paul, Minnesota. Its primary mission is to foster unity among diverse individuals, communities, and organizations, encouraging active grassroots democracy that promotes racial, social, and economic justice. Through leadership development, member and supporter education and mobilization, and investment in the movement ecosystem, Takeaction MN builds a stronger foundation for collective action. The organization's vision is a Minnesota that upholds strong communities, democracy, and equal opportunities for all. Their core belief is that when people join forces to improve their lives and create better prospects for future generations, they generate power. The organization now boasts a larger community of individuals working together and a more vibrant and diverse movement ecosystem, setting a strong foundation for future endeavors.
Official website here: www.takeactionminnesota.org
What are the reviews and ratings of this charity?
**Takeaction Mn Education Fund**
**Rating: Needs Improvement (Two Stars)**
The Two-Star out of Four Star rating from Charity Navigator indicates that the Takeaction Mn Education Fund has some strengths, particularly in accountability and financial practices. The organization scores well with an independent board and demonstrates good governance with policies in place, such as conflict of interest and whistleblower policies. However, significant concerns arise from their high liabilities to assets ratio and missing documentation related to the retention and destruction of records.
While the organization seems to utilize funds wisely, with a high program expense ratio, the overall financial health appears questionable due to indicators like low working capital. This raises concerns about sustainability and the ability to navigate financial challenges. It's worth noting that the organization has not been scored on areas such as impact and culture, which could provide a more comprehensive view of its overall effectiveness.
User reviews from GreatNonprofits could not be retrieved, thus limiting feedback on direct experiences with the organization. Overall, while there are foundational strengths, potential donors and supporters may want to consider these limitations seriously when evaluating their support for the Takeaction Mn Education Fund.
This AI summary has been generated from information found on Charity Navigator.
Is Takeaction Mn Education Fund legitimate?
Takeaction Mn Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Takeaction Mn Education Fund 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.takeactionminnesota.org
What is the mission statement of Takeaction Mn Education Fund?
TakeAction Minnesota envisions a Minnesota committed to the principles of strong communities, democracy, and equal opportunity for all. As a multi-issue organization, they aim to unite diverse individuals, communities, and organizations in active grassroots democracy that builds racial, social, and economic justice. They achieve this by developing leaders, educating and mobilizing their members and supporters, and investing in the movement ecosystem. Their core conviction is that when people come together to improve their lives and the prospects for future generations, they generate power. With a stronger foundation than before, they now have more people acting with them and a more vibrant and diverse movement ecosystem, which they plan to build upon in the future.
Official website here: www.takeactionminnesota.org
Who is the CEO of Takeaction Mn Education Fund?
Elianne Farhat is the Chair / Director of Takeaction Mn Education Fund.
Official website here: www.takeactionminnesota.org
What is the revenue of Takeaction Mn Education Fund?
Takeaction Mn Education Fund's revenue in 2022 was $7,192,773.
Official website here: www.takeactionminnesota.org
Who are the executives of Takeaction Mn Education Fund and what are their salaries?
There 1396 volunteers at Takeaction Mn Education Fund.
Here are 6 key members and their salaries:
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- Related: $103,155
- Other: $11,167
Official website here: www.takeactionminnesota.org
Where can I find the form 990 for Takeaction Mn Education Fund?
Takeaction Mn Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.takeactionminnesota.org
Learn more at the official website: www.takeactionminnesota.org
Mission Statement of Takeaction Mn Education Fund
TakeAction Minnesota envisions a Minnesota committed to the principles of strong communities, democracy, and equal opportunity for all. As a multi-issue organization, TakeAction Minnesota aims to unite diverse individuals, communities, and organizations in active grassroots democracy that fosters racial, social, and economic justice. By developing leaders, educating and mobilizing members and supporters, and investing in the movement ecosystem, TakeAction Minnesota works tirelessly to create a Minnesota where everyone can thrive. The organization's core conviction is that when people come together to improve their lives and the prospects for future generations, they generate power. With a stronger foundation than ever before, as more people join their cause and a more vibrant and diverse movement ecosystem emerges, TakeAction Minnesota is poised to build on these foundations in the years to come.
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Impact
July, 2024
The impact of TakeAction MN Education Fund can be seen in its dedication to building a Minnesota that values strong communities, democracy, and equal opportunity for all. By uniting diverse individuals and organizations in active grassroots democracy, they strive to create a state where everyone can thrive. Through developing leaders, educating and mobilizing members, and investing in the movement ecosystem, TakeAction MN Education Fund builds grassroots power to advance racial, social, and economic justice. Their work has led to a stronger foundation with a more vibrant and diverse movement ecosystem, allowing for more people to come together and generate power for positive change in Minnesota.
This information is meant to be a general summary of Takeaction Mn Education Fund. 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: $3,435
- Program Service Revenue: $304,239
- Gross Receipts: $7,192,773
Assets and Liabilities:
- Total Assets: $25,551,717
- Total Liabilities: $24,503,173
- Net Assets: $1,048,544
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICE FEES
Revenue
$304,239
Organization Details
Founding Year
2006
Phone
(651) 641-6199Principal Officer
Elianne Farhat
Main Address
705 RAYMOND AVE 100, ST PAUL, MN, 55114
Website
www.takeactionminnesota.orgNTEE Category
Code: W06Z - Public benefit
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