CSCharityScored
44

Mankato Area Foundation

Other · Mankato, Minnesota

212 E Walnut St 1, Mankato, MN 56001-3656

EIN: 410011094· Founded: Sep 1975· 51 years active· Filing Year: 2023

Annual Revenue

$5.8M

Total Expenses

$4.4M

Total Assets

$30.0M

Program Spending

1%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$297K

6.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$208K

Total Payroll

$505K

11% of total expenses

Where the Money Goes

1%
Programs: 1%
Payroll: 11%
Other overhead: 99%
Program Revenue$46K (1%)
Total Expenses$4.4M (76%)
Payroll$505K (11%)
Overhead (non-program)99%

Trust Score Breakdown

Program Spending Ratio

1% of expenses go to programs

40%

Revenue & Stability

$5.8M annual revenue

15%

Executive Compensation

$297K total officer comp (6.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$30.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.