Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Financial Education of Minnesota (EIN: 45-3838047) is a nonprofit organization dedicated to providing financial counseling to help clients achieve their budgeting and debt repayment goals. With an operating budget of $52.3K and total revenue of $66.1K for the 2024 filing year, the organization focuses on delivering practical education on budgeting, debt, and credit to churches, schools, employers, and community groups throughout Minnesota. Financial Education of Minnesota is committed to maintaining high-quality training for its counselors and continually improving its services to ensure a positive experience for clients.

Mission Statement

FINANCIAL EDUCATION OF MINNESOTA IS COMMITTED TO HELPING OUR CLIENTS BY UNDERSTANDING THEIR SITUATION & MAKING RECOMMENDATIONS THAT WILL HELP THEM ACHIEVE THEIR BUDGET & DEBT REPAYMENT GOALS. WE STRIVE TO MAINTAIN TRAINING & QUALITY SYSTEMS THAT WILL ALLOW OUR COUNSELORS & CLIENT SERVICE TEAM TO PROVIDE A POSITIVE EXPERIENCE FOR OUR CLIENTS. WE COMMIT TO CONTINUALLY IMPROVE OUR QUALITY SYSTEM. WE ALSO PROVIDE RELEVANT, PRACTICAL BUDGET/DEBT/CREDIT EDUCATION TO CHURCHES, SCHOOLS, EMPLOYERS & OTHER COMMUNITY GROUPS.
Revenues
$66.1K
Expenses
$53.3K
Net Income:
+$12.8K
Assets
$250.9K
Liabilities
$2.6K
Net Assets:
+$248.3K
Operating Budget
$52.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Joan Molenaar
Board Member
D
Dick Fisher
Board Member
J
John Hoffman
Board Member

Frequently Asked Questions

What is FINANCIAL EDUCATION OF MINNESOTA’s budget?
In 2024, FINANCIAL EDUCATION OF MINNESOTA reported an annual operating budget of around $52 thousand. More detailed financial information is available to registered users.
What causes does FINANCIAL EDUCATION OF MINNESOTA support?
FINANCIAL EDUCATION OF MINNESOTA supports work in Financial counseling.
Where does FINANCIAL EDUCATION OF MINNESOTA operate?
FINANCIAL EDUCATION OF MINNESOTA is headquartered in St. Louis Park, MN.