THE MINNESOTA FASTBREAK FOUNDATION Charity Report

Public IRS 990 nonprofit record

THE MINNESOTA FASTBREAK FOUNDATION

EIN 88-0602303 · Human Service Organizations (P20)

What they do

THE MISSION of THE MINNESOTA FASTBREAK FOUNDATION is to HAVE A MEANINGFUL IMPACT IN THE COMMUNITIES WHERE WE LIVE, WORK and PLAY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

26.12%of revenue went to mission work88.9% of expenses · Program services

$29.39spent for every $100 of revenueRevenue covered expenses this year.

3.27%of revenue went to management and office costs11.1% of expenses

$2.41in assets for every $1 spent this yearSome assets cannot be spent right away.

43.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$519,365

Mission workProgram services$135,65026.12% of revenue88.9% of expenses

ManagementOffice and general costs$16,9713.27% of revenue11.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$366,74470.61% of revenueShown in gray on the chart

Total expenses$152,62129.39% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$519,365

Expenses$152,621

Annual surplus $366,744 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$135,650 · 88.9% of expenses

Management and office costs$16,971 · 11.1% of expenses

See all reported dollar amounts

Revenue$519,365

Expenses$152,621

Assets$367,244

Income$531,825

Contributions$223,532

Mission work (program services)$135,650

Management and general$16,971

Accounting fees$2,750

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (10)

BRETT CARTERBOARD MEMBER

CHANDA SMITH BAKERBOARD MEMBER

ETHAN CASSONBOARD MEMBER

GAVIN KAYSENBOARD MEMBER

GLEN A TAYLORBOARD MEMBER

JENNIFER RIDGEWAYEXECUTIVE DIRECTOR

KATE QUINNBOARD MEMBER

PETE STENETREASURER

REBEKKAH BRUNSONBOARD MEMBER

SUZANNE M SPELLACYSECRETARY

About this charity

Recognized since: January 2022
Location: 600 HENNEPIN AVE STE 300, MINNEAPOLIS, MN 55403
County: Hennepin
In care of: JENNIFER RIDGEWAY
Primary officer: JENNIFER RIDGEWAY, EXECUTIVE DIRECTOR

How to reach them

Phone(612) 673-1208

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: EIDE BAILLY LLP
NTEE classification: Human Service Organizations (P20)
IRS tax category: Human Service Organizations