Hedin-hartnagel Memorial Fund Inc is a 501(c)(3) organization based in Red Wing, Minnesota, registered in 1979, with $41,259 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$41K
▲ 28.1% vs prior year
Education median: $200K
Expenses (FY2024)
$18K
Net assets
$1.1M
Employees
—
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 Hedin-hartnagel Memorial Fund Inc— 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 Hedin-hartnagel Memorial Fund Inc: 746 mo reserves · +57% margin earns a B+ 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 Hedin-hartnagel Memorial Fund Inc— 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 Hedin-hartnagel Memorial Fund Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $27K (FY2020) to $41K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
56.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$5,073
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $41,259▲28.1% | $17,769▲11.4% | $1,104,199▲2.2% | $1,109,272▲2.6% | 990 |
| 2023 | $32,205▲81.6% | $15,948▲7.0% | $1,080,709▲1.5% | $1,080,934▲1.5% | 990 |
| 2022 | $17,737▼22.1% | $14,909▲2.3% | $1,064,452▲0.3% | $1,064,474▲0.3% | 990 |
| 2021 | $22,783▼16.6% | $14,575▲4.2% | $1,061,624▲0.8% | $1,061,768▲0.8% | 990 |
| 2020 | $27,310 | $13,991 | $1,053,416 | $1,053,416 | 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.
Explore more
Data for Hedin-hartnagel Memorial Fund Inc (EIN 41-6159209) 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.