Takeaction Minnesota Education Fund
- Assets
- $25.6m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 12/1989
- Data as of
- 06/2022
- EIN
- 41-1635130
Organization Overview
Takeaction Minnesota Education Fund is located in St Paul, MN. The organization was established in 1989. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Takeaction Minnesota Education Fund 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 06/2022, Takeaction Minnesota Education Fund generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $7.5m during the year ending 06/2022. While expenses have increased by 17.7% 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.
Since 2014, Takeaction Minnesota Education Fund has awarded 93 individual grants totaling $13,317,773. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TAKEACTION MINNESOTA ENVISIONS A MINNESOTA DEDICATED TO THE PRINCIPLES OF STRONG COMMUNITIES, DEMOCRACY, AND EQUAL OPPORTUNITY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A MULTI-ISSUE ORGANIZATION WORKING TO UNITE THE POWER OF DIVERSE INDIVIDUALS, COMMUNITIES AND ORGANIZATIONS IN ACTIVE GRASSROOTS DEMOCRACY THAT BUILDS RACIAL, SOCIAL AND ECONOMIC JUSTICE, WE ARE CONSTANTLY WORKING TO MAKE MINNESOTA A STATE WHERE EVERYONE CAN THRIVE. WE BUILT GRASSROOTS POWER BY DEVELOPING LEADERS, EDUCATING AND MOBILIZING OUR MEMBERS AND SUPPORTERS, AND INVESTING IN THE MOVEMENT ECOSYSTEM. TAKEACTION REMAINS FOCUSED ON A CORE CONVICTION: WHEN PEOPLE COME TOGETHER TO IMPROVE THEIR LIVES AND THE PROSPECTS FOR FUTURE GENERATIONS, THEY GENERATE POWER. WE NOW HAVE A STRONGER FOUNDATION THAN WE HAD PREVIOUSLY: MORE PEOPLE ACTING WITH US AND A MORE VIBRANT AND DIVERSE MOVEMENT ECOSYSTEM. WE WILL BUILD ON THESE FOUNDATIONS IN THE YEARS TO COME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Greenfield Chair / Director | OfficerTrustee | 2 | $0 |
Ben Goldfarb Director | Trustee | 2 | $0 |
Leann Littlewolf Director | Trustee | 2 | $0 |
Luchelle Stevens Director | Trustee | 2 | $0 |
Erica Mauter Chair | OfficerTrustee | 2 | $0 |
Elianne Farhat Executive Director | Officer | 8.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $284,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,600,599 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,884,599 |
| Total Program Service Revenue | $304,239 |
| Investment income | $3,435 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,192,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $413,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $182,142 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,455,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,420,800 |
| Savings and temporary cash investments | $938,391 |
| Pledges and grants receivable | $575,955 |
| Accounts receivable, net | $32,566 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,584,005 |
| Total assets | $25,551,717 |
| Accounts payable and accrued expenses | $1,785,053 |
| Grants payable | $140,000 |
| 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 | $0 |
| Other liabilities | $22,578,120 |
| Total liabilities | $24,503,173 |
| Net assets without donor restrictions | $1,800 |
| Net assets with donor restrictions | $1,046,744 |
| 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 | $25,551,717 |
Grants Awarded
Over the last fiscal year, Takeaction Minnesota Education Fund has awarded $315,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
612 MASH PURPOSE: COMMUNITY SAFETY GRANT FROM BLACKVISION/RECLAIM THE BLOCK | $25,000 |
COMMUNITY POWER PURPOSE: MNEJT CLIMATE JUSTICE | $80,000 |
MINNESOTA TRAINING PARTNERSHIP PURPOSE: CLIMATE JUSTICE | $30,000 |
ACCESS PHILANTHROPY CHARITIES OBO FIRM PURPOSE: COMMUNITY SAFETY GRANT FROM BLACKVISION/RECLAIM THE BLOCK | $80,000 |
TAKEACTION MINNESOTA (HENS) PURPOSE: HENS CAMPAIGN | $50,000 |
MINNEOTA PRISON WRITING WORKSHOP PURPOSE: COMMUNITY PARTNER GRANT FROM RECLAIM THE BLOCK | $50,000 |