AMERICAN INDIAN OIC

EIN: 411365561 501(c)(3)

MINNEAPOLIS, MN

Total Revenue
$6,171,875
Total Expenses
$5,691,870
Total Assets
$3,756,069
Net Assets
$3,169,555
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MN
Principal Officer
JOSEPH HOBOT
Phone
6123413358
Tax Period
2024-07-01 to 2025-06-30

AMERICAN INDIAN OIC, founded in 1980, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024. Expenses of $5.7M left a modest 8% surplus.

Mission

TO EMPOWER AMERICAN INDIANS TO PURSUE CAREER OPPORTUNITIES BY PROVIDING INDIVIDUALIZED EDUCATION, TRAINING, AND EMPLOYMENT SERVICES IN A CULTURALLY RICH ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $4,415,904 Revenue: $150,209

EDUCATION PROGRAMSTAKODA PREP- TAKODA PREP IS AN ALTERNATIVE LEARNING CENTER THAT OFFERS HIGH SCHOOL EDUCATION TO TEENS AND YOUNG ADULTS WHO ARE AT RISK OF NOT OBTAINING THEIR DIPLOMA. THE MAJORITY...

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EDUCATION PROGRAMSTAKODA PREP- TAKODA PREP IS AN ALTERNATIVE LEARNING CENTER THAT OFFERS HIGH SCHOOL EDUCATION TO TEENS AND YOUNG ADULTS WHO ARE AT RISK OF NOT OBTAINING THEIR DIPLOMA. THE MAJORITY OF TAKODA PREPS STUDENTS ARE OF AMERICAN INDIAN DESCENT AND AMERICAN INDIAN CULTURE IS INFUSED INTO THE SCHOOLS CURRICULUM AND TEACHING PRACTICES. THIS APPROACH LED TO A 90% GRADUATION RATE FOR THE SCHOOLS CREDIT-ELIGIBLE SENIORS. ADULT BASIC EDUCATION SERVICES- ADULTS WHO DID NOT OBTAIN THEIR HIGH SCHOOL DIPLOMA OR ADULTS WHO NEED REMEDIAL EDUCATION BEFORE PURSUING HIGHER EDUCATION CAN PARTICIPATE IN THE ADULT BASIC EDUCATION SERVICES. IN THIS PROGRAM PARTICIPANTS RECEIVE INDIVIDUALIZED INSTRUCTION IN CORE SUBJECTS LIKE READING AND MATH WHICH PREPARES THEM FOR POST-SECONDARY EDUCATION OR TO SIT FOR THE GENERAL EQUIVALENCY DIPLOMA EXAM. TAKODA INSTITUTE OF HIGHER EDUCATION- THE TAKODA INSTITUTE IS A POST-SECONDARY CAREER TRAINING SCHOOL ACCREDITED BY THE ACCREDITING COMMISSION OF CAREER SCHOOLS AND COLLEGES. THE TAKODA INSTITUTE OFFERS SHORT-TERM TRAINING FOR THE OCCUPATIONS OF COMPUTER SUPPORT SPECIALIST, ADMINISTRATIVE ASSISTANT, HUMAN SERVICES TECHNICIAN, AND HEALTH INFORMATION SPECIALIST. ALL OF THESE OCCUPATIONS ARE IN-DEMAND IN THE LOCAL LABOR MARKET AND TAKODA INSTITUTES GRADUATES INCREASED THEIR ANNUAL EARNINGS BY AN AVERAGE OF 93%. TAKODA INSTITUTE STUDENTS ARE ALSO PROVIDED WITH ONE-ON-ONE CAREER COUNSELING IN THEIR FIELD OF STUDY. EMPLOYMENT PROGRAMSMINNEAPOLIS WORKS- AMERICAN INDIAN OIC IS CONTRACTED WITH THE CITY OF MINNEAPOLIS TO PROVIDE ITS LOW-INCOME RESIDENTS WITH CAREER COUNSELING AND JOB SEARCH SUPPORT SERVICES. MINNESOTA FAMILY INVESTMENT PROGRAM (MFIP)- AMERICAN INDIAN OIC IS CONTRACTED BY HENNEPIN COUNTY TO PROVIDE CAREER COUNSELING AND WELFARE-TO-WORK SERVICES TO INDIVIDUALS WHO RECEIVE MFIP BENEFITS. CLIENTS ARE CONNECTED TO TRAINING AND VOLUNTEER OPPORTUNITIES THAT WILL ADVANCE THEIR SKILLS AND INCREASE THEIR EMPLOYABILITY. CLIENTS ALSO RECEIVE ONE-ON-ONE CAREER COUNSELING, ASSISTANCE WRITING RESUMES, COVER LETTERS, SEARCHING FOR AND APPLYING TO JOBS. NATIVE YOUTHWORKS- NATIVE YOUTHWORKS IS AN EMPLOYMENT AND TRAINING PROGRAM FOR NATIVE AMERICAN TEENS AND YOUNG ADULTS THAT HELPS THEM EXPLORE CAREER PATHWAYS AND SET GOALS FOR THEIR CAREERS. COUNSELORS THEN CONNECT PARTICIPANTS TO EDUCATION AND EMPLOYMENT OPPORTUNITIES THAT WILL HELP THEM ACHIEVE THEIR CAREER GOALS. WORKFORCE INNOVATIONS FOR NATIVES (WIN)- WIN IS A WORKFORCE INNOVATION AND OPPORTUNITY ACT PROGRAM THAT HELPS NATIVE AMERICAN RESIDENTS OF HENNEPIN COUNTY CONNECT TO CAREER AND EDUCATION OPPORTUNITIES.

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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 $5,932,729
Program Service Revenue $138,198
Investment Income $88,937
Other Revenue $12,011
TOTAL REVENUE $6,171,875

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,207,411
Fundraising Expenses $364,709
Program Expenses $4,415,904
Other Expenses $2,484,459
TOTAL EXPENSES $5,691,870

Year-over-Year Comparison

2024 2023 Change
Revenue $6,171,875 $6,018,028 +0.0%
Expenses $5,691,870 $5,721,936 0.0%
Net Income $480,005 $296,092 +0.6%
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
7
Independent Members
6
Employees
N/A
Volunteers
50

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
3
$171,200
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES BOLGER TREASURER 2.00
Officer Director
$0 $0 $0
DANIELLE GRANT CHAIR 2.00
Officer Director
$0 $0 $0
DON FLOWER DIRECTOR 2.00
Director
$0 $0 $0
NICK MARTIN DIRECTOR 2.00
Director
$0 $0 $0
ODIA WOOD KRUEGER DIRECTOR 2.00
Director
$0 $0 $0
SUMMER MILLER DIRECTOR 2.00
Director
$0 $0 $0
REBECCA SCHULTZ DIRECTOR 2.00
Director
$0 $0 $0
JOSEPH HOBOT CEO 40.00
Officer
$155,000 $16,200 $171,200
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 $6,171,875 $5,691,870 $3,756,069 $480,005
2024 $6,018,028 $5,721,936 $3,156,545 $296,092
2023 $5,702,157 $5,762,438 $2,747,297 $-60,281
2022 $4,953,588 $4,615,772 $2,661,131 $337,816
2021 $4,342,492 $3,720,602 $2,278,705 $621,890
2020 $3,362,134 $3,177,175 $1,888,027 $184,959
2019 $3,258,869 $3,195,072 $1,423,058 $63,797
2018 $2,817,446 $2,985,146 $1,329,753 $-167,700
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