Inver Grove Heights B E S T Foundation
Only null% goes to programs Strong reserves Growing revenue
Inver Grove Heights B E S T Foundation is a 501(c)(3) organization based in Inver Grove, Minnesota, registered in 1992, with $152,202 in FY2023 revenue. CharityIndex grades it B.
Po Box 2276, Inver Grove, MN, 55076 EIN 41-1672077 Since 1992
Revenue (FY2023)
$152K
▼ 8.3% vs prior year
Education median: $200K
Expenses (FY2023)
$123K
Net assets
$1.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Inver Grove Heights B E S T 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 rating176 mo reserves · +19% 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 Inver Grove Heights B E S T Foundation: 176 mo reserves · +19% 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 Inver Grove Heights B E S T Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Inver Grove Heights B E S T Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 2276, Inver Grove, MN, 55076
- City
- Inver Grove
- State
- Minnesota
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue declined from $297K (FY2013) to $152K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $184KNet assets $1.8M
Operating margin
19.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$184K
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $152,202▼8.3% | $123,349▼28.4% | $1,811,553▲10.2% | $1,995,950▲6.7% | 990 |
| 2022 | $166,035▼67.5% | $172,372▼33.5% | $1,643,610▲2.4% | $1,870,855▼0.3% | 990 |
| 2021 | $511,637▲303% | $259,151▲51.6% | $1,604,594▼0.7% | $1,876,254▲3.9% | 990 |
| 2020 | $127,085▼9.2% | $170,912▲2.8% | $1,616,001▲13.9% | $1,805,647▲14.0% | 990 |
| 2019 | $140,003▼39.2% | $166,318▲8.1% | $1,418,697▲2.8% | $1,583,437▲3.4% | 990 |
| 2018 | $230,156▲3.7% | $153,799▼28.2% | $1,380,028▲5.9% | $1,531,547▲3.7% | 990 |
| 2017 | $222,043▼18.9% | $214,145▲8.9% | $1,303,671▲0.6% | $1,476,299▲0.8% | 990 |
| 2016 | $273,936▲22.6% | $196,681▼7.2% | $1,295,773▲6.3% | $1,464,323▲3.8% | 990 |
| 2015 | $223,459▲13.3% | $211,916▼8.4% | $1,218,518▲1.0% | $1,410,118▼1.6% | 990 |
| 2014 | $197,165▼33.7% | $231,289▲8.3% | $1,206,975▼2.7% | $1,433,168▼1.3% | 990 |
| 2013 | $297,164 | $213,645▲4.1% | $1,241,099▲7.2% | $1,452,581▲7.3% | 990 |
| 2012 | — | $205,279▲1.5% | $1,157,580▲5.3% | $1,353,814▲3.7% | 990 |
| 2011 | — | $202,184▼1.6% | $1,099,249▲15.0% | $1,305,333▲13.2% | 990 |
| 2009 | — | $205,523 | $955,929 | $1,153,009 | 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.
Grants received · $37K total
5 grants to Inver Grove Heights B E S T Foundation totaling $37K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $5,266 |
| Charities Aid Foundation America | Charitable donation | 2023 | $6,000 |
| Charities Aid Foundation America | Charitable donation | 2022 | $12,000 |
| Charities Aid Foundation America | Charitable donation | 2021 | $6,000 |
| Charities Aid Foundation America | Charitable donation | 2019 | $7,500 |
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Frequently asked questions
- Is Inver Grove Heights B E S T Foundation a legitimate nonprofit?
- Yes. Inver Grove Heights B E S T Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1672077, based in Inver Grove, Minnesota. Donations are tax-deductible.
- What is Inver Grove Heights B E S T Foundation's EIN?
- Inver Grove Heights B E S T Foundation's Employer Identification Number (EIN) is 41-1672077.
- How much revenue does Inver Grove Heights B E S T Foundation report?
- Inver Grove Heights B E S T Foundation reported $152,202 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Inver Grove Heights B E S T Foundation have?
- CharityIndex grades Inver Grove Heights B E S T Foundation B, based on financial health (reserves and operating margin).
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Data for Inver Grove Heights B E S T Foundation (EIN 41-1672077) 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.