Minnesota Comeback is located in Minneapolis, MN. The organization was established in 2015. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 12/2019, Minnesota Comeback employed 6 individuals. Minnesota Comeback 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 12/2019, Minnesota Comeback generated $551.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $597.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
A BROADLY SUPPORTED CITY-WIDE PLAN FOR IMPROVING EDUCATION FOR ALL MINNEAPOLIS STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINNESOTA COMEBACK IS A COALITION OF EDUCATION AND PHILANTHROPIC LEADERS COMMITTED TO TRANSFORMING K-12 EDUCATION IN MINNESOTA BY IMPROVING EDUCATION OUTCOMES AND SUPPORTING THE GROWTH OF HIGH-PERFORMING SCHOOLS ACCESSIBLE TO ALL CHILDREN. IT WAS INITIALLY FUNDED AS AN INTERNAL PROJECT OF THE MINNEAPOLIS FOUNDATION, AND HAS NOW GAINED ENOUGH OF A GROUNDSWELL OF SUPPORT AMONG MINNESOTA EDUCATION LEADERSHIP TO OPERATE AS A SEPARATE LEGAL ORGANIZATION. THE GUIDING VISION OF MINNESOTA COMEBACK IS THAT BY 2025, ALL MINNEAPOLIS CHILDREN WILL BE ENROLLED IN RIGOROUS AND RELEVANT SCHOOLS THAT PREPARE THEM TO THRIVE IN COLLEGE, THEIR CAREER, AND THE COMMUNITY.MINNESOTA COMEBACK ADVANCES ITS MISSION PRIMARILY THROUGH RESEARCH AND COALITION BUILDING AROUND HIGH-IMPACT EDUCATION GRANT INVESTMENTS AND THROUGH ASSISTING IN A PROGRAM OF GRANTMAKING. WE CONDUCT RESEARCH AND PUBLISH REPORTS TO EDUCATE OTHER EDUCATION LEADERS AND GENERAL PUBLIC ON ISSUES OF EDUCATION TRANSFORMATION IN MINNESOTA. WE USE DATA SYSTEM MAPPING TO IDENTIFY THE SPECIFIC FACTORS THAT DRIVE SUCCESS IN EDUCATION SYSTEMS. OTHER ORGANIZATIONS USE THE CORPORATION'S RESEARCH AND ADVICE AS A PLATFORM TO INFORM THEIR DECISIONS REGARDING PLACEMENT OF RESOURCES IN THEIR OWN EDUCATION SYSTEMS TO ACHIEVE THE MOST HIGH-IMPACT INVESTMENTS IN EDUCATION. MINNESOTA COMEBACK'S COALITION OF EDUCATION AND PHILANTHROPIC ORGANIZATIONS COMES TOGETHER TO ANALYZE AND IMPLEMENT INITIATIVES BASED ON THIS RESEARCH TO IMPROVE EDUCATION SYSTEMS IN MINNESOTA. ANOTHER WAY WE ADVANCE OUR MISSION IS BY FOCUSING RESOURCES ON ATTRACTING AND GROWING PROVEN SCHOOL MODELS AND BY BUILDING CAPACITY IN THE MINNESOTA EDUCATION ECOSYSTEM PRIMARILY AROUND TALENT, FACILITIES, AND COMMUNITY ENGAGEMENT NEEDED TO SUSTAIN A SYSTEM OF HIGH-PERFORMING SCHOOLS. WE USE CRITICAL DATA TO IDENTIFY POLICY CHANGE AND OTHER COMMUNITY-WIDE IMPROVEMENTS THAT WILL STRENGTHEN THE EDUCATION ECOSYSTEM IN MINNESOTA.MINNESOTA COMEBACK ALSO SUPPORTS GRANTMAKING AIMED AT STRATEGIC INVESTMENTS IN MINNESOTA EDUCATION. IT DOES THIS BY PERFORMING THE "LEGWORK" OF THE GRANTMAKING PROCESS FOR A FUND HELD BY THE MINNEAPOLIS FOUNDATION. SPECIFICALLY, WE REVIEW GRANT APPLICATIONS AND MAKE RECOMMENDATIONS TO THE MINNEAPOLIS FOUNDATION AS TO DISTRIBUTIONS FROM THE FUND THAT WILL BE USED TO MAKE GRANTS TO PUBLIC SCHOOLS, PUBLIC CHARTER SCHOOLS, AND INDEPENDENT SCHOOLS, AND ANY OTHER SUPPORTING GRANTS AIMED AT IMPROVING THE MINNESOTA EDUCATION SYSTEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Al Fan Executive Director | Officer | 40 | $105,838 |
Tad Piper Chair | OfficerTrustee | 1 | $0 |
Mithra Ramaley Treasurer | OfficerTrustee | 1 | $0 |
Carolyn Smallwood Co-Chair | Trustee | 1 | $0 |
Rosita Balch Director | Trustee | 1 | $0 |
Margie Soran Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $550,850 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $550,850 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $551,113 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $61,051 |
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. | $105,838 |
Compensation of current officers, directors, key employees. | $68,795 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $261,792 |
Pension plan accruals and contributions | $11,703 |
Other employee benefits | $0 |
Payroll taxes | $21,088 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,380 |
Fees for services: Accounting | $2,977 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $29,475 |
Advertising and promotion | $21,097 |
Office expenses | $14,710 |
Information technology | $7,581 |
Royalties | $0 |
Occupancy | $18,765 |
Travel | $6,357 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,494 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,435 |
All other expenses | $14,038 |
Total functional expenses | $597,781 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $0 |
Over the last fiscal year, we have identified 2 grants that Minnesota Comeback has recieved totaling $150,000.
Awarding Organization | Amount |
---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE PURPOSES | $75,000 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE PURPOSES | $75,000 |
Organization Name | Assets | Revenue |
---|---|---|
Cooperative Educational Service Agency 6 Oshkosh, WI | $21,335,292 | $28,921,426 |
St Augustine Preparatory Academy Inc Milwaukee, WI | $57,201,795 | $17,148,722 |
Theodore Roosevelt Presidential Library Foundation Medora, ND | $81,219,730 | $28,646,002 |
Youthprise Minneapolis, MN | $12,849,214 | $14,734,349 |
Catholic Schools Center Of Excellence Minneapolis, MN | $1,425,727 | $6,819,995 |
Adopt-A-Classroom Inc Minneapolis, MN | $7,958,681 | $7,937,853 |
Dsu Heritage Foundation Dickinson, ND | $12,984,247 | $2,503,848 |
Page Education Foundation Minneapolis, MN | $9,424,762 | $2,991,601 |
Breakthrough Twin Cities St Paul, MN | $2,042,584 | $1,812,570 |
Daystar U S Bloomington, MN | $2,663,084 | $1,958,406 |
The Minneapolis Community And Technical College Foundation Inc Minneapolis, MN | $7,090,729 | $2,330,993 |
Nw-Links Moorhead, MN | $2,226,187 | $1,005,691 |