Fulton Neighborhood Association C/o Jerry Smrekar is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1997, with $73,536 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$74K
▲ 12.4% vs prior year
Community median: $184K
Expenses (FY2025)
$65K
Net assets
$142K
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 Fulton Neighborhood Association C/o Jerry Smrekar— 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 Fulton Neighborhood Association C/o Jerry Smrekar: 26 mo reserves · +12% 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 Fulton Neighborhood Association C/o Jerry Smrekar— 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 Fulton Neighborhood Association C/o Jerry Smrekar: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $54K (FY2012) to $74K (FY2025) across 10 reported years.
Financial snapshot
Operating margin
11.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$149K
Total liabilities
$7,112
Net assets
$142K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $73,536▲12.4% | $64,761▲48.1% | $142,080▲12.7% | $149,192▲10.1% | 990EZ |
| 2023 | $65,395▲108% | $43,739▼20.4% | $126,082▲22.4% | $135,483▲18.0% | 990EZ |
| 2022 | $31,476▼36.7% | $54,962▲55.1% | $103,033▼18.6% | $114,807▼17.0% | 990EZ |
| 2021 | $49,720▼15.6% | $35,440▼43.3% | $126,519▲0.5% | $138,293▲9.9% | 990EZ |
| 2020 | $58,923▲51.1% | $62,458▲51.7% | $125,833▼2.7% | $125,833▼2.7% | 990EZ |
| 2019 | $38,997▼23.1% | $41,161▼14.3% | $129,368▼1.6% | $129,368▼1.6% | 990EZ |
| 2018 | $50,723▼13.2% | $48,028▼1.7% | $131,532▲6.8% | $131,532▲6.8% | 990EZ |
| 2014 | $58,440▲27.8% | $48,866▲16.3% | $123,205▲8.4% | $123,205▲8.4% | 990EZ |
| 2013 | $45,738▼15.1% | $42,005▲1.6% | $113,631▲3.4% | $113,631▲3.4% | 990EZ |
| 2012 | $53,866 | $41,339 | $109,898 | $109,898 | 990EZ |
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 Fulton Neighborhood Association C/o Jerry Smrekar (EIN 41-1702238) 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.