Minnesota Twins Community Fund
- Assets
- $3.5m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 07/1992
- Data as of
- 12/2023
- EIN
- 41-1697280
Organization Overview
Minnesota Twins Community Fund is located in Minneapolis, MN. The organization was established in 1992. According to its NTEE Classification (I99) the organization is classified as: Crime & Legal-Related N.E.C., under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Twins Community 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 12/2023, Minnesota Twins Community Fund generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 8 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, Minnesota Twins Community Fund has awarded 370 individual grants totaling $7,695,081. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT 501(C)(3) SERVICE ORG. & PROVIDE RESOURCES FOR HEALTHY DEVELOPMENT OF CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SPONSORS THE PLAY BALL! MN PROGRAM. THIS PROGRAM HOSTS BASEBALL CLINICS FOR YOUTH, ESPECIALLY KIDS FROM ECONOMICALLY-DISADVANTAGED NEIGHBORHOODS.
THE ORGANIZATION SPONSORS FIELDS FOR KIDS PROGRAM. THIS PROGRAM MAKES MATCHING GRANTS TO SMALL NONPROFIT ORGANIZATIONS AND LOCAL GOVERNMENTS IN THE UPPER MIDWEST FOR FIELD RENOVATION PROJECTS.
THE ORGANIZATION SPONSORS A YOUTH BASEBALL PROGRAM THAT INTRODUCES INNER-CITY KIDS TO BASEBALL AND SOFTBALL. IT ALSO EDUCATES KIDS ON DRUG AWARENESS, IMPORTANCE OF EDUCATION, STAYING IN SCHOOL, AND STAYING AWAY FROM GANGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Bea Director | Trustee | 1 | $0 |
Laura Olson Director/past Chair | OfficerTrustee | 1 | $0 |
Alison Mach Director | Trustee | 1 | $0 |
Darin Mastroianni Director | Trustee | 1 | $0 |
Aaron Brown Director/cfo | OfficerTrustee | 1 | $0 |
Sarah Graves Director/vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $247,401 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,244,029 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,491,430 |
| Total Program Service Revenue | $0 |
| Investment income | $102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $88,656 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,580,188 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,669,487 |
| 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 | $16,500 |
| Fees for services: Lobbying | $0 |
| 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 | $4,221 |
| 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 | $57,531 |
| Total functional expenses | $2,376,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,115,108 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $236,001 |
| 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 | $125,300 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,476,409 |
| Accounts payable and accrued expenses | $87,821 |
| Grants payable | $0 |
| Deferred revenue | $178,046 |
| 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 | $0 |
| Total liabilities | $265,867 |
| Net assets without donor restrictions | $2,645,275 |
| Net assets with donor restrictions | $565,267 |
| 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 | $3,476,409 |
Grants Awarded
Over the last fiscal year, Minnesota Twins Community Fund has awarded $1,356,336 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN LEGION WARD E BULLIS POST #84 PURPOSE: FIELDS FOR KIDS GRANT | $15,000 |
APPLETON RECREATION ASSOCIATION INC PURPOSE: FIELDS FOR KIDS GRANT | $15,000 |
BECKER SPORTS ASSOCIATION PURPOSE: FIELDS FOR KIDS GRANT | $15,000 |
BLOOMING PRAIRIE RECREATION ASSN INC PURPOSE: FIELDS FOR KIDS GRANT | $15,000 |
BROOKLYN CENTER INDEPENDENT SCHOOL DISTRICT #286 PURPOSE: GENERAL SUPPORT | $40,000 |
CITY OF CHASKA PURPOSE: FIELDS FOR KIDS GRANT | $20,000 |