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NORTHWEST MINNESOTA FOUNDATION
NORTHWEST MINNESOTA FOUNDATION
BEMIDJI, MN, US
•
501(c)(3)
•
EIN
41-1556013
•
NWMF.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
NORTHWEST MINNESOTA FOUNDATION
BEMIDJI, MN, US
•
501(c)(3)
•
EIN
41-1556013
•
NWMF.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Funding
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Grants Received
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$13,002,983
Government Grants
51%
Contributions
28%
Investments
17%
Program Services
4%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$12,711,702
Grants
56%
Salaries & Benefits
23%
Fees to Service Providers
13%
Other
4%
Offices, Occupancy & IT
2%
Depreciation
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,499,801
$3,576,359
-21%
Government Grants
$1,642,822
$6,662,795
+306%
Fundraising Events
$0
$0
-
Program Services
$744,360
$550,852
-26%
Membership Dues
$0
$0
-
Investments
$1,956,499
$2,209,725
+13%
Other
-$1,032,847
$3,252
-100%
Total Revenues
$7,810,635
$13,002,983
+66%
Expenses
2023
2024
Change
Grants
$3,528,760
$7,156,783
+103%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,664,850
$2,873,701
+8%
Fees to Service Providers
$1,554,414
$1,606,621
+3%
Advertising & Promotion
$70,221
$93,174
+33%
Offices, Occupancy & IT
$373,527
$315,139
-16%
Interest
$34,244
$40,994
+20%
Depreciation
$160,151
$105,454
-34%
Other
$405,679
$519,836
+28%
Total Expenses
$8,791,846
$12,711,702
+45%
Net income
2023
2024
Change
Net income
-$981,211
+$291,281
-130%
Functional Expenses
Summary
2023
2024
Change
Program
$6,217,611
$9,936,933
+60%
Admin
$2,214,229
$1,625,420
-27%
Fundraising
$360,006
$1,149,349
+219%
Total Expenses
$8,791,846
$12,711,702
+45%
Income Statement
