Krabbe Connect
Only null% goes to programs Strong reserves Growing revenue
Krabbe Connect is a 501(c)(3) organization based in Rosemount, Minnesota, registered in 2018, with $314,070 in FY2024 revenue. CharityIndex grades it B.
Po Box 264, Rosemount, MN, 55068 EIN 82-2964680 Since 2018
Revenue (FY2024)
$314K
▲ 6.4% vs prior year
Diseases median: $206K
Expenses (FY2024)
$189K
Net assets
$502K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—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 Krabbe Connect— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating32 mo reserves · +40% 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 Krabbe Connect: 32 mo reserves · +40% margin earns a A 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 Krabbe Connect— 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 Krabbe Connect: 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
Financial trends
Revenue grew from $101K (FY2020) to $314K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5,782Net assets $502K
Operating margin
39.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$507K
Total liabilities
$5,782
Net assets
$502K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $314,070▲6.4% | $189,329▼1.5% | $501,612▲33.0% | $507,394▲34.1% | 990 |
| 2023 | $295,064▲46.6% | $192,224▲80.3% | $377,023▲37.5% | $378,470▲35.1% | 990 |
| 2022 | $201,297▲34.7% | $106,635▲50.5% | $274,183▲52.7% | $280,117▲53.8% | 990 |
| 2021 | $149,464▲48.0% | $70,835▼5.4% | $179,521▲77.9% | $182,188▲78.1% | 990 |
| 2020 | $100,987 | $74,892 | $100,892 | $102,299 | 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 · $81K total
6 grants to Krabbe Connect totaling $81K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $7,546 |
| Saint Paul & Minnesota Foundation | Multiple grants for programs, operations, or other purposes | 2023 | $12,000 |
| Network For Good Inc | Unrestricted | 2023 | $6,176 |
| Saint Paul & Minnesota Foundation | Multiple grants for multiple purposes | 2022 | $35,000 |
| Saint Paul & Minnesota Foundation | Multiple grants for multiple purposes | 2021 | $10,000 |
| Saint Paul & Minnesota Foundation | Multiple purposes | 2020 | $10,000 |
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Frequently asked questions
- Is Krabbe Connect a legitimate nonprofit?
- Yes. Krabbe Connect is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-2964680, based in Rosemount, Minnesota. Donations are tax-deductible.
- What is Krabbe Connect's EIN?
- Krabbe Connect's Employer Identification Number (EIN) is 82-2964680.
- How much revenue does Krabbe Connect report?
- Krabbe Connect reported $314,070 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Krabbe Connect have?
- CharityIndex grades Krabbe Connect B, based on financial health (reserves and operating margin).
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Data for Krabbe Connect (EIN 82-2964680) 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.