Central Minnesota Educational Research & Development Council is a 501(c)(3) organization based in Sauk Rapids, Minnesota, registered in 1966, with $6,315,216 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$6.3M
▼ 28.4% vs prior year
Education median: $200K
Expenses (FY2024)
$5.2M
Net assets
$2.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Central Minnesota Educational Research & Development Council— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central Minnesota Educational Research & Development Council: 7 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Central Minnesota Educational Research & Development Council— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central Minnesota Educational Research & Development Council: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $8.0M (FY2013) to $6.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
17.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$154K
Net assets
$2.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,315,216▼28.4% | $5,207,779▼38.1% | $2,910,611▲48.0% | $3,064,969▲8.7% | 990 |
| 2023 | $8,820,017▲7.5% | $8,412,986▲3.6% | $1,966,199▲18.6% | $2,818,790▼3.7% | 990 |
| 2022 | $8,207,001▲1.2% | $8,121,927▲16.8% | $1,658,309▲5.4% | $2,926,614▼15.2% | 990 |
| 2021 | $8,112,700▼2.0% | $6,954,150▼13.9% | $1,573,235▲279% | $3,450,511▲80.6% | 990 |
| 2020 | $8,277,041▲3.5% | $8,079,643▼10.3% | $414,685▲90.8% | $1,910,233▲11.5% | 990 |
| 2019 | $8,000,994▼6.0% | $9,007,265▲16.4% | $217,287▼82.2% | $1,712,893▼32.8% | 990 |
| 2018 | $8,513,947▲1.3% | $7,735,346▼13.9% | $1,223,558▲175% | $2,549,687▲31.9% | 990 |
| 2017 | $8,406,631▲4.3% | $8,981,639▲17.6% | $444,957▼56.4% | $1,933,178▼22.6% | 990 |
| 2016 | $8,057,510▲5.6% | $7,636,845▼10.6% | $1,019,965▲70.2% | $2,496,259▲17.3% | 990 |
| 2015 | $7,628,905▼1.3% | $8,543,690▲19.8% | $599,300▼60.4% | $2,128,597▼32.2% | 990 |
| 2014 | $7,727,291▼3.5% | $7,133,976▼12.1% | $1,514,085▲64.4% | $3,139,882▲34.1% | 990 |
| 2013 | $8,006,806 | $8,112,215▼5.5% | $920,770▼10.3% | $2,341,149▼11.0% | 990 |
| 2012 | — | $8,580,953▲7.0% | $1,026,179▼35.6% | $2,629,208▼21.3% | 990 |
| 2011 | — | $8,020,239 | $1,592,519 | $3,341,380 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Central Minnesota Educational Research & Development Council (EIN 41-6052402) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.