Foundation For Minnesotas Future
- Assets
- $100.0k
- Revenue
- $264.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Oakdale, MN
- Founding
- Data as of
- 12/2021
- EIN
- 86-3025217
Organization Overview
Foundation For Minnesotas Future is located in Oakdale, MN. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Minnesotas Future is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION FOR MINNESOTA'S FUTURE IS A NON-PROFIT AND NON-PARTISAN GRASSROOTS ORGANIZATION WITH A VOLUNTEER BOARD OF DIRECTORS, FORMED TO INFORM AND EDUCATE MINNESOTANS ABOUT THE POLICY DECISIONS MADE AT THE STATE CAPITOL, AND THE IMPACT THEY HAVE ON THE EVERYDAY LIVES OF THE PEOPLE OF MIINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Poindexter Chairman | OfficerTrustee | 40 | $35,000 |
Greg Johnson Treasurer | OfficerTrustee | 20 | $24,000 |
Rich Stanek Director | Trustee | 10 | $10,000 |
Ray Vinzant Secretary | OfficerTrustee | 0 | $0 |
Kelly Fenton Director | Trustee | 0 | $0 |
Jennifer Miller Director | Trustee | 0 | $0 |
Financial Statements
| 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 | $264,122 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $264,122 |
| 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 | $264,122 |
| 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. | $69,000 |
| Compensation of current officers, directors, key employees. | $69,000 |
| 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 | $5,903 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,203 |
| Advertising and promotion | $38,880 |
| Office expenses | $1,703 |
| 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 | $164,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,002 |
| 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 | $100,002 |
| Accounts payable and accrued expenses | $69 |
| 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 | $69 |
| Net assets without donor restrictions | $99,933 |
| 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 | $100,002 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Rural Healthnet Cedar Rapids, IA | $5,988,317 | $2,258,874 |
Rail Volution Minneapolis, MN | $1,089,949 | $882,638 |
A Better Wisconsin Together Institute Inc Monona, WI | $200,365 | $274,969 |
Customers First Coalition Inc Madison, WI | $141,161 | $0 |
Foundation For Minnesotas Future Oakdale, MN | $100,002 | $264,122 |
New American Policy Institute Inc West Allis, WI | $0 | $14 |
Wisconsin Public Interest Research Group Inc Milwaukee, WI | $2,066,395 | $241,702 |
Citizens Against Expanded Gambling Inc Appleton, WI | $9,396 | $0 |
Tax Education Foundation Muscatine, IA | $97,995 | $0 |
Minnesota Action Network Inc St Paul, MN | $537 | $0 |
Think North Dakota Education Fund Bismarck, ND | $120,333 | $0 |
North American Research Partnerships Institute Rochester, MN | $0 | $0 |