Overview

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Est.

2016

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Beta Group is a nonprofit organization dedicated to accelerating the success of Minnesota founders through its focus on entrepreneurship. With an operating budget of $394.5K and total revenue of $490K for the 2024 filing year, the organization benefits from diverse funding sources, with no single funder providing 50% or more of its revenue. More information can be found on their website at www.beta.mn.

Mission Statement

ACCELERATING THE SUCCESS OF MINNESOTA FOUNDERS.
Revenues
$490K
Expenses
$394.5K
Net Income:
+$95.4K
Assets
$69.3K
Liabilities
$14.2K
Net Assets:
+$55.1K
Operating Budget
$394.5K
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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Total No. of Grants
1
Median grant size
$45K
Largest grant received
$45K
C
Cihan Behlivan
Board Member
M
Michael Arulfo
Board Member
G
Ginny Richardson
Board Member

Frequently Asked Questions

What is THE BETA GROUP’s budget?
In 2024, THE BETA GROUP reported an annual operating budget of around $395 thousand. More detailed financial information is available to registered users.
What causes does THE BETA GROUP support?
THE BETA GROUP supports work in Entrepreneurship.
Where does THE BETA GROUP operate?
THE BETA GROUP is headquartered in Minneapolis, MN.
Who funded THE BETA GROUP recently?
In 2024, THE BETA GROUP received grants from WALTER C RASMUSSEN -NORTHEAST BANK FOUND, WALTER C RASMUSSEN -NORTHEAST BANK FOUND, and SAINT PAUL & MINNESOTA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE BETA GROUP received in 2024?
The largest grant to THE BETA GROUP in 2024 exceeds $45 thousand.
What is THE BETA GROUP’s reliance on government grants?
THE BETA GROUP relied on government grants for more than 45% of their total revenue in 2024.