Effress-hymanson Family Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Effress-hymanson Family Foundation is a 501(c)(3) organization based in Minnetonka, Minnesota, registered in 1994, with $56,946 in FY2024 revenue. CharityIndex grades it C+.
801 Carlson Pkwy Apt 208, Minnetonka, MN, 55305 EIN 41-1784011 Since 1994
Revenue (FY2024)
$57K
▲ 564.6% vs prior year
Expenses (FY2024)
$14K
Net assets
$247K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Effress-hymanson Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating207 mo reserves · +75% margin
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 Effress-hymanson Family Foundation: 207 mo reserves · +75% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Effress-hymanson Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Effress-hymanson Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 801 Carlson Pkwy Apt 208, Minnetonka, MN, 55305
- City
- Minnetonka
- State
- Minnesota
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $12K (FY2016) to $57K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $247K
Operating margin
74.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$247K
Total liabilities
$0
Net assets
$247K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,946▲565% | $14,310▼6.8% | $246,852▲20.9% | $246,852▲20.9% | 990 |
| 2023 | $8,569▲195% | $15,362▼66.5% | $204,216▼3.5% | $204,216▼3.5% | 990 |
| 2022 | -$9,038▼134% | $45,790▼18.1% | $211,691▼20.6% | $211,691▼20.6% | 990 |
| 2021 | $26,785▲13.2% | $55,933▲31.4% | $266,519▼9.9% | $266,519▼9.9% | 990 |
| 2020 | $23,666▲38.8% | $42,560▼29.0% | $295,667▼6.0% | $295,667▼6.0% | 990 |
| 2019 | $17,053▼27.0% | $59,919▲11.0% | $314,561▼19.0% | $314,561▼19.0% | 990 |
| 2017 | $23,353▲94.0% | $53,994▼5.2% | $388,238▼7.2% | $388,238▼7.2% | 990 |
| 2016 | $12,036 | $56,965 | $418,329 | $418,329 | 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.
Frequently asked questions
- Is Effress-hymanson Family Foundation a legitimate nonprofit?
- Yes. Effress-hymanson Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1784011, based in Minnetonka, Minnesota. Donations are tax-deductible.
- What is Effress-hymanson Family Foundation's EIN?
- Effress-hymanson Family Foundation's Employer Identification Number (EIN) is 41-1784011.
- How much revenue does Effress-hymanson Family Foundation report?
- Effress-hymanson Family Foundation reported $56,946 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Effress-hymanson Family Foundation have?
- CharityIndex grades Effress-hymanson Family Foundation C+, based on financial health (reserves and operating margin).
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Data for Effress-hymanson Family Foundation (EIN 41-1784011) 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.