M State Foundation and Alumni is a 501(c)(3) organization based in Moorhead, Minnesota, registered in 1985, with $611,120 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$611K
▲ 25.0% vs prior year
Expenses (FY2024)
$605K
Net assets
$1.2M
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 M State Foundation and Alumni— 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 M State Foundation and Alumni: 24 mo reserves · +1% 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 M State Foundation and Alumni— 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 M State Foundation and Alumni: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $196K (FY2013) to $611K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
1.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $611,120▲25.0% | $605,204▲68.9% | $1,205,938▲4.0% | $1,205,938▲3.7% | 990 |
| 2023 | $488,913▲4.5% | $358,276▼21.1% | $1,159,827▲10.7% | $1,163,118▲10.9% | 990 |
| 2022 | $467,835▼10.4% | $453,819▼32.5% | $1,047,850▲3.2% | $1,048,500▲3.3% | 990 |
| 2021 | $522,068▲56.7% | $672,280▲57.1% | $1,015,063▼12.4% | $1,015,063▼12.4% | 990 |
| 2020 | $333,219▼25.2% | $427,953▼27.2% | $1,159,337▲14.0% | $1,159,337▲14.0% | 990 |
| 2019 | $445,522▼14.3% | $587,805▼24.6% | $1,016,549▲3.1% | $1,016,549▲3.1% | 990 |
| 2018 | $520,021▼9.9% | $779,523▲47.2% | $985,648▲129% | $985,742▲129% | 990 |
| 2015 | $577,308▲28.5% | $529,424▲61.3% | $430,857▲12.5% | $430,857▲12.5% | 990 |
| 2014 | $449,271▲130% | $328,214▲40.2% | $382,973▲49.3% | $382,973▲49.3% | 990 |
| 2013 | $195,695 | $234,082 | $256,525 | $256,525 | 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.
4 grants to M State Foundation and Alumni totaling $73K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $19,625 |
| Charities Aid Foundation America | Charitable donation | 2023 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2022 | $10,000 |
| Sanford | Scholarships | 2015 | $33,711 |
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Data for M State Foundation and Alumni (EIN 36-3366589) 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.