Nonprofit · EIN 47-5032143
INNER HERO
Tax-exempt · MINNEAPOLIS, MN 55408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $340,755 | $242,589 | $98,166 | $76,941 | $1,227 | $75,714 |
| December 31, 2023 | 990 | $55,381 | $78,539 | -$23,158 | $30,446 | $50,000 | -$19,554 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $323,255
- of which government grants
- $261,619
- Program service revenue
- $17,500
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $375
- Salaries, compensation and benefits (total)
- $375
- Professional fundraising fees
- $0
- Legal fees
- $860
- Occupancy
- $3,096
- Travel
- $7,869
- Program services (functional)
- $242,589
Balance sheet and other
- Total assets, start of year
- $30,446
- Total assets, end of year
- $76,941
- Total liabilities, end of year
- $1,227
- Net assets, end of year
- $75,714
- Net assets without donor restrictions
- $75,714
- Gross receipts
- $340,755
- Employees
- 0
- Year formed
- 2005
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMBROSE R RUSSELL | EXECUTIVE DIRECTOR Officer | 50 | $0 |
| Gregory Coleman | Program Director Officer | 0 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMBROSE R RUSSELL | EXECUTIVE DIRECTOR Officer | 50 | $16,200 |
| Gregory Coleman | Program Director Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 W LAKE ST STE 185, MINNEAPOLIS, MN 55408-3362
- In care of
- % AMBROSE R RUSSELL
- Mailing address (990-N for 2019)
- 1 West Lake St Ste 185, Minneapolis MN 55408
- Principal officer (990 for 2024)
- AMBROSE R RUSSELL, 89 99th Lane, Coon Rapids, MN 55408
- Principal officer (990-N for 2019)
- AMBROSE RUSSELL, 2701 XYLON AVE N, NEW HOPE MN 55427
- Signed the 990
- AMBROSE R RUSSELL, Executive Director
- Phone
- (763) 516-6943
- Return prepared by
- Jennings Accounting LLC
Mission
The organizations purpose is to build youth trust and to encourage education.
Program accomplishments
- The Inner Hero has successfully executed on the sixth annual 5 on 5 basketball tournament which connects the whole community directly with our sponsors, volunteers and local law enforcement, encouraging the developement the communitys core values and personalizing the members of the community with the people who serve them. The programs service expenses were used to support this years mentoring program that engages young adults in a peer mentoring environment further creating leadership from within. We support our youth leaders with structure and skills to positively serve their community. The Inner Hero is a steady drum beat for community involvement, empowerment and crime prevention. The 3rd Annual Womens Cruise, Barbership Back to School Giveaway and crime prevention programs dileberatly serve our community. Program Service support all facets of the organizations structural pillars creating intentional improvements in our community.Expenses $242,589
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5032143
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $76,941
- Income (IRS master file)
- $340,755
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $340,755 | $242,589 | $76,941 | XML |
| 990 | December 2023 | $55,381 | $78,539 | $30,446 | XML |
| 990 | December 2022 | $121,012 | $117,885 | $3,127 | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: AMBROSE RUSSELL | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-5032143).
Questions about INNER HERO
- What is the EIN of INNER HERO?
- The employer identification number (EIN) of INNER HERO is 47-5032143.
- Is INNER HERO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to INNER HERO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INNER HERO 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 INNER HERO 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 INNER HERO last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INNER HERO?
- The 990 for the year ended December 31, 2024 names AMBROSE R RUSSELL.
- Who are the officers and directors of INNER HERO?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does INNER HERO have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $340,755, expenses of $242,589 and total assets of $76,941 at year end.
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