FOUNDATION FOR MINNESOTA'S FUTURE

EIN: 863025217

OAKDALE, MN

Total Revenue
$818,180
Total Expenses
$883,576
Total Assets
$34,605
Net Assets
$34,605
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MN
Principal Officer
BILL INGEBRIGTSEN
Phone
6512268081
Tax Period
2022-01-01 to 2022-12-31

FOUNDATION FOR MINNESOTA'S FUTURE, founded in 2021, is a small nonprofit that reported $818K in total revenue in fiscal year 2022. Revenue surged 210% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE FMNF IS TO BUILD AND EXPAND A GRASSROOTS COALITION TO INSPIRE CHANGE FOR THE BETTERMENT OF MINNESOTA'S FUTURE BY BRINGING LIKE-MINDED INDIVIDUALS TOGETHER TO END THE EMERGING CULTURE OF CORRUPTION, INCOMPETENCE AND INTIMIDATION. THE FOUNDATION HOLDS POLITICIANS ACCOUNTABLE AND EMPOWERS THE CITIZENS OF MINNESOTA AND THEIR VOICES TO CREATE A STRONGER LEARNING ENVIRONMENT AT SCHOOL, UNLOCK OUR SMALL BUSINESSSES AND MAKE OUR STREETS SAFER.

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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 (2022)

Revenue Breakdown

Contributions & Grants $818,180
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $818,180

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,000
Fundraising Expenses $32,000
Program Expenses $762,177
Other Expenses $829,576
TOTAL EXPENSES $883,576

Year-over-Year Comparison

2022 2021 Change
Revenue $818,180 $264,122 +2.1%
Expenses $883,576 $164,189 +4.4%
Net Income $-65,396 $99,933 -1.7%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
8
Employees
N/A
Volunteers
15

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
5
$54,000
Total Directors
10
$54,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY ANN FENTON CHAIRWOMAN 10.00
Officer Director
$4,000 $0 $4,000
GREG JOHNSON TREASURER 20.00
Officer Director
$24,000 $0 $24,000
BILL INGEBRIGTSEN CHAIRMAN 10.00
Officer Director
$0 $0 $0
EMILY NESSE SECRETARY 20.00
Officer Director
$21,000 $0 $21,000
RICH STANEK CHAIRMAN 20.00
Officer Director
$5,000 $0 $5,000
JENNIFER MILLER DIRECTOR 0.00
Director
$0 $0 $0
JERRY PAPENFUSS DIRECTOR 0.00
Director
$0 $0 $0
THERESE HOVANEC DIRECTOR 0.00
Director
$0 $0 $0
AL DEKRUIF DIRECTOR 0.00
Director
$0 $0 $0
RAY VIN ZANT DIRECTOR 0.00
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
2022 $818,180 $883,576 $34,605 $-65,396
2021 $264,122 $164,189 $100,002 $99,933
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