Nonprofit · EIN 20-8876254
MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $30,000 | $77,605 | -$47,605 | $66,046 | $25 | $66,021 |
| December 31, 2023 | 990-EZ | $104,000 | $101,863 | $2,137 | $113,626 | $0 | $113,626 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $30,000
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $2,580
- Other expenses
- $75,025
- Program services (functional)
- $75,000
Balance sheet and other
- Total assets, start of year
- $113,626
- Total assets, end of year
- $66,046
- Total liabilities, end of year
- $25
- Net assets, end of year
- $66,021
- Cash, savings and investments
- $66,046
- Gross receipts
- $30,000
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KURT ZELLERS | PRESIDENT | 1 | $0 |
| KATIE NADEAU | COO | 1 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY WALSTIEN | PRESIDENT, TREASURER | 1 | $0 |
| CHARLIE WEAVER | EXECUTIVE DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 80 S 8TH ST STE 4150, MINNEAPOLIS, MN 55402-2238
- Signed the 990-EZ
- KURT ZELLERS, CHIEF EXECUTIVE OFFICER
- Phone
- (612) 370-0840
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO MAINTAIN A HIGH QUALITY OF LIFE FOR ALL MINNESOTANS BY ENSURING THAT THE STATE'S ECONOMY REMAINS STRONG, GLOBALLY COMPETITIVE, AND ITS PROSPECTS FOR GROWTH BRIGHT BY SUPPORTING EDUCATION INITIATIVES.
Program accomplishments
- MINNESOTA'S FUTURE AWARD: MONETARY AWARDS TO A SCHOOL WITH A STUDENT POPULATION WITH A HIGH RATE OF ETHNIC DIVERSITY AND/OR LOW INCOME AND HIGH ACHIEVEMENT RATES BASED ON STATEWIDE TEST SCORES.Expenses $75,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-8876254
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $66,046
- Income (IRS master file)
- $30,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $30,000 | $77,605 | $66,046 | IRS |
| 990-EZ | December 2023 | $104,000 | $101,863 | $113,626 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8876254).
Questions about MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION
- What is the EIN of MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION?
- The employer identification number (EIN) of MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION is 20-8876254.
- Is MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does MINNESOTA BUSINESS PARTNERSHIPEDUCATION FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $30,000, expenses of $77,605 and total assets of $66,046 at year end.
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