Minnesota Computers For Schools
- Assets
- $606.2k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 27
- Location
- Minneapolis, MN
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 20-1776702
Organization Overview
Minnesota Computers For Schools, operating under the name Minnesota Tech For Success, is located in Minneapolis, MN. The organization was established in 2004. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Minnesota Tech For Success employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Tech For Success is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Minnesota Tech For Success generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MINNESOTA TECH FOR SUCCESS CREATES DIGITAL EQUITY FOR STUDENTS BY PARTNERING WITH SCHOOLS AND EDUCATIONAL ORGANIZATIONS TO PROVIDE TECHNOLOGY ACCESS, ENGAGING STEM PROGRAMMING, AND IT WORKFORCE DEVELOPMENT IN UNDERSERVED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM INVOLVES REFURBISHING AND RECYCLING COMPUTERS THAT ARE DONATED BY LOCAL CORPORATIONS AND GOVERNMENT AGENCIES. THESE COMPUTERS ARE THEN SOLD AT DISCOUNTED PRICES OR GIFTED TO SCHOOLS, TEACHERS, NOT-FOR- PROFIT ORGANIZATIONS AND DISADVANTAGED YOUTH THROUGHOUT MINNESOTA. MCFS IMPROVES STUDENT SUCCESS BY TRANSFORMING COMPUTER TECHNOLOGY TO PROVIDE GREATER EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN MINNESOTA. IN 2021, OUR COMPUTER REFURBISHING PROGRAM WAS ABLE TO FILL A CRUCIAL COMMUNITY NEED, REFURBISHING 13,568 COMPUTERS; RECYCLING 21,211 USED TECHNOLOGY ITEMS; AND PLACING OVER 4,800 REFURBISHED COMPUTERS WITH MINNESOTA STUDENTS AND SCHOOLS.
WORKFORCE DEVELOPMENT - IN 2021 WE TAUGHT 186 STUDENTS COMPUTER REFURBISHING SKILLS, COMPTIA IT FUNDAMENTALS +, CISCO IT ESSENTIALS, AND COMPTIA A+. ADDITIONALLY, YOUTH PROGRAMMING INCLUDED GAME, WEB, AND APP DESIGN THROUGH MCFS CORE: IT TRAINING PROGRAM. CLASSES WERE HELD VIRTUALLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Gillard Executive Di | Officer | 40 | $110,385 |
John Pepper Finance Dire | Officer | 40 | $70,425 |
Eric Henly Board Chair | OfficerTrustee | 3 | $0 |
John Gardner Treasurer | OfficerTrustee | 2 | $0 |
Deb Mcgahey Secretary | OfficerTrustee | 2 | $0 |
Bill Richard Vice Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $267,033 |
| All other contributions, gifts, grants, and similar amounts not included above | $543,613 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $810,646 |
| Total Program Service Revenue | $3,442 |
| Investment income | $45 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $36,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $962,252 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,812,385 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $191,601 |
| Compensation of current officers, directors, key employees. | $34,493 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $690,836 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $58,615 |
| Payroll taxes | $74,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $83,903 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,211 |
| Advertising and promotion | $18,176 |
| Office expenses | $21,101 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $256,224 |
| Travel | $28,920 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,760 |
| Insurance | $7,255 |
| All other expenses | $4,710 |
| Total functional expenses | $1,668,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,994 |
| Savings and temporary cash investments | $420 |
| Pledges and grants receivable | $42,665 |
| Accounts receivable, net | $62,694 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $49,773 |
| Net Land, buildings, and equipment | $180,661 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $606,207 |
| Accounts payable and accrued expenses | $81,370 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $400,400 |
| Other liabilities | $0 |
| Total liabilities | $481,770 |
| Net assets without donor restrictions | -$29,637 |
| Net assets with donor restrictions | $154,074 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $606,207 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Minnesota Computers For Schools has recieved totaling $17,500.
| Awarding Organization | Amount |
|---|---|
Nvent Foundation Minneapolis, MN PURPOSE: SUPPORT STEM EDUCATION | $10,000 |
Nvent Foundation Minneapolis, MN PURPOSE: YOUTH STEM EDUCATION GRANT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Woodbury Leadership Academy Woodbury, MN | $4,350,331 | $5,912,313 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Barr Center St Louis Park, MN | $8,287,138 | $8,108,042 |
Great Mn Schools Minneapolis, MN | $411,897 | $3,619,260 |
Iowa Western Community College Foundation Council Bluffs, IA | $36,011,501 | $4,880,435 |
West River Foundation Sturgis, SD | $7,568,333 | $3,921,124 |
Sicangu Owayawa Oti-Rosebud Dormitory Mission, SD | $5,924,789 | $2,325,210 |