L & N Andreas Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
L & N Andreas Foundation is a 501(c)(3) organization based in Mankato, Minnesota, registered in 1985, with $4,231,871 in FY2024 revenue. CharityIndex grades it C+.
Po Box 3084, Mankato, MN, 56002 EIN 36-3382956 Since 1985
Revenue (FY2024)
$4.2M
▲ 104.9% vs prior year
Expenses (FY2024)
$2.3M
Net assets
$34.6M
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 L & N Andreas 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 rating181 mo reserves · +46% 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 L & N Andreas Foundation: 181 mo reserves · +46% 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 L & N Andreas 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 L & N Andreas Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $2.2M (FY2013) to $4.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $141KNet assets $34.6M
Operating margin
45.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$34.8M
Total liabilities
$141K
Net assets
$34.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,231,871▲105% | $2,288,857▲10.1% | $34,616,927▲5.9% | $34,757,537▲6.2% | 990PF |
| 2023 | $2,065,609▲5.0% | $2,078,588▼17.6% | $32,673,913 | $32,723,835▲0.1% | 990PF |
| 2022 | $1,966,457▲1.4% | $2,524,071▲32.5% | $32,686,892▼1.7% | $32,695,350▼1.7% | 990PF |
| 2021 | $1,938,888▼24.8% | $1,904,649▼21.4% | $33,244,506▲0.1% | $33,251,783▲0.1% | 990PF |
| 2020 | $2,578,648▲1.4% | $2,422,725▼7.3% | $33,210,267▲0.5% | $33,212,180▲0.4% | 990PF |
| 2019 | $2,543,634▼34.0% | $2,612,191▼39.0% | $33,054,344▼0.2% | $33,092,311▼0.1% | 990PF |
| 2018 | $3,851,295▲73.8% | $4,282,875▲73.8% | $33,122,901▲6.9% | $33,117,427▲7.0% | 990PF |
| 2017 | $2,215,629▼0.1% | $2,463,729▼8.1% | $30,975,246▼0.8% | $30,956,392▼0.8% | 990PF |
| 2016 | $2,217,525▼16.9% | $2,681,601▲1.2% | $31,223,346▼1.5% | $31,203,547▼1.5% | 990PF |
| 2015 | $2,669,546▲59.6% | $2,648,854▲14.8% | $31,687,422▲0.1% | $31,682,801 | 990PF |
| 2014 | $1,672,262▼22.4% | $2,307,857▲30.2% | $31,666,730▼2.0% | $31,690,462▼1.9% | 990PF |
| 2013 | $2,155,525 | $1,772,859▼15.0% | $32,302,325▲1.2% | $32,298,370▲1.1% | 990PF |
| 2012 | — | $2,086,259▼4.5% | $31,919,659▲3.5% | $31,938,401▲3.5% | 990PF |
| 2011 | — | $2,183,773▼9.8% | $30,846,334▲1.2% | $30,849,035▲1.1% | 990PF |
| 2010 | — | $2,420,826 | $30,495,483 | $30,514,527 | 990PF |
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 L & N Andreas Foundation a legitimate nonprofit?
- Yes. L & N Andreas Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3382956, based in Mankato, Minnesota. Donations are tax-deductible.
- What is L & N Andreas Foundation's EIN?
- L & N Andreas Foundation's Employer Identification Number (EIN) is 36-3382956.
- How much revenue does L & N Andreas Foundation report?
- L & N Andreas Foundation reported $4,231,871 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L & N Andreas Foundation have?
- CharityIndex grades L & N Andreas Foundation C+, based on financial health (reserves and operating margin).
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Data for L & N Andreas Foundation (EIN 36-3382956) 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.