Entrepreneurs Organization of Minnesota

EIN: 262860579 501(c)(3) Education

Hopkins, MN

Total Revenue
$730,069
Total Expenses
$632,139
Total Assets
$321,020
Net Assets
$280,697
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MN
Principal Officer
Jen Roth
Phone
6123861216
Tax Period
2024-07-01 to 2025-06-30

Entrepreneurs Organization of Minnesota, founded in 2008, is a small nonprofit in the Education sector that reported $730K in total revenue in fiscal year 2024. Expenses of $632K left a modest 13% surplus.

Mission

To support, educate, and encourage entrepreneurs to succeed in building companies and themselves.

Program Service Accomplishments

Program 1
Expenses: $493,685 Revenue: $496,215

To provide educational programs, opportunities, resources, and training to the entrepreneurs of the Twin Cities metropolitan area and greater Minnesota.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $226,500
Program Service Revenue $496,215
Investment Income $7,354
Other Revenue $0
TOTAL REVENUE $730,069

Expense Breakdown

Grants Paid $2,488
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $493,685
Other Expenses $629,651
TOTAL EXPENSES $632,139

Year-over-Year Comparison

2024 2023 Change
Revenue $730,069 $699,655 +0.0%
Expenses $632,139 $585,769 +0.1%
Net Income $97,930 $113,886 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jen Roth President 5.00
Officer Director
$0 $0 $0
Tim Barsness Finance Chair 2.00
Officer Director
$0 $0 $0
Jamin Arvig Education Chair 2.00
Officer Director
$0 $0 $0
Blair Budlong Forum Chair 3.00
Officer Director
$0 $0 $0
Lisa McEllistrem Marketing Chair 2.00
Officer Director
$0 $0 $0
Mark Flaherty Strategic Alliances Chair 2.00
Officer Director
$0 $0 $0
Micah Thor Membership Chair 2.00
Officer Director
$0 $0 $0
Matt Haney Inclusion Chair 2.00
Officer Director
$0 $0 $0
Igor Bogoachev Internal Engagement Chair 2.00
Officer Director
$0 $0 $0
Luke Komiskey External Engagement Chair 3.00
Officer Director
$0 $0 $0
Jeremy Miller Accelerator Chair 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $730,069 $632,139 $321,020 $97,930
2024 $699,655 $585,769 $377,068 $113,886
2023 $604,849 $657,528 $124,124 $-52,679
2022 $386,755 $409,527 $121,560 $-22,772
2021 $244,132 $191,198 $144,332 $52,934
2020 $238,064 $222,272 $93,398 $15,792
2019 $216,011 $251,906 $83,606 $-35,895
2018 $234,168 $208,270 $144,501 $25,898
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