Nonprofit · EIN 41-1434835
BREAKAWAY INC
Tax-exempt · MINNEAPOLIS, MN 55404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2026 | 990 | $245,900 | $254,087 | -$8,187 | $137,310 | $10,445 | $126,865 |
| May 31, 2025 | 990 | $242,711 | $226,294 | $16,417 | $153,537 | $18,485 | $135,052 |
| May 31, 2024 | 990 | $257,022 | $245,560 | $11,462 | $155,685 | $37,050 | $118,635 |
Financial details: 990 for the year ended May 31, 2026
Revenue
- Contributions, gifts and grants
- $60,100
- Program service revenue
- $185,743
- Investment income
- $57
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $61,100
- Salaries, compensation and benefits (total)
- $66,091
- Professional fundraising fees
- $0
- Accounting fees
- $1,875
- Occupancy
- $34,529
- Travel
- $3,172
- Depreciation
- $8,438
- Program services (functional)
- $254,087
Balance sheet and other
- Total assets, start of year
- $153,537
- Total assets, end of year
- $137,310
- Total liabilities, end of year
- $10,445
- Net assets, end of year
- $126,865
- Land, buildings and equipment
- $127,810
- Net assets without donor restrictions
- $126,865
- Gross receipts
- $245,900
- Employees
- 1
- Volunteers
- 4
- Year formed
- 1982
- State of legal domicile
- MN
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 for the year ended May 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS HANNON | MGR Key employee | 40 | $61,100 |
| MICHAEL P HANNON | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| CHRIS BAME | DIR Trustee or director | 1 | $0 |
| GARY GRAY | DIR Trustee or director | 1 | $0 |
990 for the year ended May 31, 2025: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS HANNON | MGR Key employee | 40 | $63,600 |
| MICHAEL P HANNON | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| CHRIS BAME | DIR Trustee or director | 1 | $0 |
| GARY GRAY | DIR Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS HANNON | MGR Key employee | 40 | $63,420 |
| GARY GRAY | DIR Trustee or director | 1 | $0 |
| CHRIS BAME | DIR Trustee or director | 1 | $0 |
| MICHAEL P HANNON | CHAIRMAN Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1911 PARK AVE, MINNEAPOLIS, MN 55404-2703
- In care of
- % MICHAEL P HANNON
- Principal officer (990 for 2025)
- MICHAEL P HANNON, 1911 PARK AVE S, Minneapolis, MN 554042768
- Signed the 990
- MICHAEL P HANNON, OFFICER
- Phone
- (612) 719-7305
- Return prepared by
- GERALD R CAPUTA CPA
Mission
PROVIDE A SECURE ENVIRONMENT FOR CHRONIC ALCOHOLICS ALONG WITH LIVING QUARTERS, JOB PLACEMENT AND COUNSELING.
Program accomplishments
- THE PROGRAM PROVIDED SHELTER, COUNSELING AND JOB PLACEMENT FOR APPROXIMATELY 80 CHRONIC ALCOHOLICS DURING THE YEAR.Expenses $254,087
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | 990 on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1434835
- 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
- 1983
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F22Z)
- Assets (IRS master file)
- $137,310
- Income (IRS master file)
- $245,900
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2026 | $245,900 | $254,087 | $137,310 | XML |
| 990 | May 2025 | $242,711 | $226,294 | $153,537 | XML |
| 990 | May 2024 | $257,022 | $245,560 | $155,685 | XML |
| 990 | May 2023 | $250,961 | $237,923 | $182,668 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | 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 41-1434835).
Questions about BREAKAWAY INC
- What is the EIN of BREAKAWAY INC?
- The employer identification number (EIN) of BREAKAWAY INC is 41-1434835.
- Is BREAKAWAY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to BREAKAWAY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BREAKAWAY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BREAKAWAY INC due?
- The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BREAKAWAY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2026.
- Who is the principal officer of BREAKAWAY INC?
- The 990 for the year ended May 31, 2026 names MICHAEL P HANNON.
- Who are the officers and directors of BREAKAWAY INC?
- The 990 for the year ended May 31, 2026 lists 4 people; 1 received compensation from the organization, the highest $61,100 (CHRIS HANNON, MGR).
- How much revenue does BREAKAWAY INC have?
- On its 990 for the year ended May 31, 2026 it reported revenue of $245,900, expenses of $254,087 and total assets of $137,310 at year end.
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