Overview

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Est.

2017

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Minnesota Training Partnership Inc is a nonprofit organization focused on education, dedicated to providing training services for both employed and unemployed workers in Minnesota. With an operating budget of $1.5 million, it serves a diverse audience, including incumbent workers upgrading their skills, youth entering the workforce, and underserved communities of color. The organization receives funding from several key sources, including the United States Energy Foundation and the American Association of Community Colleges, but does not rely on a single funder for more than 50% of its revenue.

Mission Statement

MINNESOTA TRAINING PARTNERSHIP, INC. WILL PROVIDE TRAINING SERVICES TO EMPLOYED AND UNEMPLOYED WORKERS IN THE STATE OF MN. THE AUDIENCE WILL INCLUDE INCUMBENT WORKERS UPGRADING THEIR SKILLS, YOUTH OUT OF HIGH SCHOOL, RE-ENTERING WORKFORCE, UNDER-SERVED COMMUNITIES OF COLOR.
Revenues
$1.5M
Expenses
$1.5M
Net Income:
+$79.4K
Assets
$774K
Liabilities
$81.5K
Net Assets:
+$692.5K
Operating Budget
$1.5M
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
2
Median grant size
$54.5K
Largest grant received
$70K
J
Jerome Balsimo
Board Member
W
Wade Luneburg
Board Member
R
Richard Shorter
Board Member
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  • 5 funders
  • 17 board & team members
  • 6 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MINNESOTA TRAINING PARTNERSHIP INC’s budget?
In 2024, MINNESOTA TRAINING PARTNERSHIP INC reported an annual operating budget of around $1.5 million. More detailed financial information is available to registered users.
What causes does MINNESOTA TRAINING PARTNERSHIP INC support?
MINNESOTA TRAINING PARTNERSHIP INC supports work in Education.
Where does MINNESOTA TRAINING PARTNERSHIP INC operate?
MINNESOTA TRAINING PARTNERSHIP INC is headquartered in St. Paul, MN.
Who funded MINNESOTA TRAINING PARTNERSHIP INC recently?
In 2024, MINNESOTA TRAINING PARTNERSHIP INC received grants from UNITED STATES ENERGY FOUNDATION, WILSON FOUNDATION, and AMERICAN ASSOCIATION OF COMMUNITY COLLEGES. More information on this organization’s funders is available to registered users.
What is the largest grant MINNESOTA TRAINING PARTNERSHIP INC received in 2024?
The largest grant to MINNESOTA TRAINING PARTNERSHIP INC in 2024 exceeds $70 thousand.
What is MINNESOTA TRAINING PARTNERSHIP INC’s reliance on government grants?
MINNESOTA TRAINING PARTNERSHIP INC relied on government grants for more than 85% of their total revenue in 2024.