Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MINNEAPOLIS BUSINESS MENTORS is a nonprofit organization focused on educational management, dedicated to advising and supporting entrepreneurs and small business owners in Minneapolis. With an operating budget of $41.5K and total revenue of $99.2K, it is supported by key funders such as SAINT PAUL & MINNESOTA FOUNDATION and KELMARK FOUNDATION. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

MINNEAPOLIS BUSINESS MENTORS VOLUNTEERS ARE A DIVERSE TEAM OF INDIVIDUALS BROUGHT TOGETHER BY THE MISSION TO ADVISE AND SUPPORT ENTREPRENEURS AND SMALL BUSINESS OWNERS WITH SKILLS, EXPERIENCES, KNOWLEDGE, TALENTS, AND ABILITIES TO HELP THEM START, GUIDE, AND GROW THEIR BUSINESS.
Revenues
$99.2K
Expenses
$41.5K
Net Income:
+$57.7K
Assets
$314.2K
Liabilities
$447
Net Assets:
+$313.7K
Operating Budget
$41.5K
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
$5K
Largest grant received
$5K
G
Greg Heinemann
Board Member
P
Peter Brehm
Board Member
K
Kathy Gigure
Board Member

Frequently Asked Questions

What is MINNEAPOLIS BUSINESS MENTORS’s budget?
In 2025, MINNEAPOLIS BUSINESS MENTORS reported an annual operating budget of around $42 thousand. More detailed financial information is available to registered users.
What causes does MINNEAPOLIS BUSINESS MENTORS support?
MINNEAPOLIS BUSINESS MENTORS supports work in Educational management.
Where does MINNEAPOLIS BUSINESS MENTORS operate?
MINNEAPOLIS BUSINESS MENTORS is headquartered in St. Louis Park, MN.
Who funded MINNEAPOLIS BUSINESS MENTORS recently?
In 2022, MINNEAPOLIS BUSINESS MENTORS received grants from KELMARK FOUNDATION and SAINT PAUL & MINNESOTA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant MINNEAPOLIS BUSINESS MENTORS received in 2022?
The largest grant to MINNEAPOLIS BUSINESS MENTORS in 2022 exceeds $5,000.