Overview
What is Mn Fundraising Initiative?
Mn Fundraising Initiative is a nonprofit organization based in Ham Lake, Minnesota, with a postal address at 14814 Able Street NE, 55304. Their primary objective is to enrich the lives of local youth and families by offering financial assistance in the form of grants. These grants enable family members to participate in a variety of organized activities, such as dance classes, sports, educational programs, and school events. These activities serve multiple purposes, including fostering self-esteem, promoting personal and artistic development, and strengthening community connections. In 2022, the initiative successfully provided 2611 such grants, enhancing the lives of numerous individuals within the community.
Official website here: www.mnfundraisinginitiative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% - Three-Star out of Four Star Rating on Charity Navigator
The Mn Fundraising Initiative has received a commendable Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With an overall score of 86%, the organization demonstrates strong transparency practices, including a fully independent board and comprehensive policies for conflict of interest and whistleblowing. Its impressive program expense ratio of 99.78% suggests that nearly all funds are directed towards its charitable programs.
In terms of governance, the organization maintains a robust structure with 100% independent board members and no reported material diversion of assets. The presence of documented board meeting minutes and tax forms on its website enhances its commitment to transparency, making it accountable to stakeholders and the public. Additionally, the organization has received high scores in cultural and community engagement, reflecting its dedication to equity practices and community involvement.
Despite its strengths, potential donors may want to monitor future reports to ensure continued compliance with best practices and financial management. While the organization is currently performing well, maintaining high standards will be crucial for sustaining donor trust and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mn Fundraising Initiative legitimate?
Mn Fundraising Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mn Fundraising Initiative 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: $67,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mnfundraisinginitiative.org
What is the mission statement of Mn Fundraising Initiative?
The MN Fundraising Initiative's mission is centered around improving the lives of youth and families. By providing grants, they aim to fund opportunities that these individuals would otherwise be unable to experience. These activities enrich lives, boost self-esteem, foster personal and artistic development, and strengthen community connections, ultimately contributing to the overall well-being of the community. In 2022, the initiative was successful in providing 2611 such grants, enabling numerous youth and families to participate in activities ranging from dance and sports to educational classes and school activities.
Official website here: www.mnfundraisinginitiative.org
Who is the CEO of Mn Fundraising Initiative?
Martin Anthony Cross is the Principal Officer of Mn Fundraising Initiative. The CEO's salary of Mn Fundraising Initiative is $67,769 and their total compensation is $67,769.
Official website here: www.mnfundraisinginitiative.org
What is the revenue of Mn Fundraising Initiative?
Mn Fundraising Initiative's revenue in 2022 was $2,517,517.
Official website here: www.mnfundraisinginitiative.org
Who are the executives of Mn Fundraising Initiative and what are their salaries?
There 1600 volunteers at Mn Fundraising Initiative.
Here are 11 key members and their salaries (Mn Fundraising Initiative's CEO's salary is $67,769 and their total compensation is $67,769):
- Compensation: $67,769
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.mnfundraisinginitiative.org
Where can I find the form 990 for Mn Fundraising Initiative?
Mn Fundraising Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mnfundraisinginitiative.org
Learn more at the official website: www.mnfundraisinginitiative.org
Mission Statement of Mn Fundraising Initiative
MN Fundraising Initiative, a nonprofit organization, is dedicated to enhancing the lives of young individuals and families. Its mission lies in providing financial aid through grants, enabling these groups to engage in opportunities they wouldn't otherwise have access to. By offering grants for organized activities such as dance, sports, educational classes, and school events, MN Fundraising Initiative contributes to the enrichment of these individuals' lives. These experiences not only serve to boost self-esteem but also aid in personal and artistic development. Moreover, they contribute to building a sense of community, thereby strengthening the community as a whole. In 2022, MN Fundraising Initiative successfully provided 2611 such grants, demonstrating its commitment to enriching lives and fostering community connection.
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Impact
July, 2024
Mn Fundraising Initiative's impact is significant in enriching the lives of youth and families in Ham Lake, MN. In 2022 alone, the organization provided 2611 grants, enabling families to participate in a variety of enriching activities such as dance, sports, educational classes, and school activities. These grants not only support personal and artistic development but also foster community connection, ultimately strengthening the community as a whole. The organization's efforts directly contribute to building self-esteem, enhancing life enrichment, and creating opportunities that would otherwise be out of reach for many youth and families.
This information is meant to be a general summary of Mn Fundraising Initiative. 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: $399
- Gross Receipts: $2,517,517
Assets and Liabilities:
- Total Assets: $1,206,318
- Total Liabilities: $0
- Net Assets: $1,206,318
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Organization Details
Founding Year
2019
Phone
(763) 575-7585Principal Officer
Martin Anthony Cross
Main Address
14814 Able Street NE, Ham Lake, MN, 55304
NTEE Category
Code: O50 - Youth development
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