Minnesota Holstein-friesian Breeders Association Inc
501(c)(5)
Only null% goes to programs Strong reserves Declining revenue
Minnesota Holstein-friesian Breeders Association Inc is a 501(c)(5) organization based in Glencoe, Minnesota, registered in 1952, with $180,611 in FY2024 revenue. CharityIndex grades it B.
Po Box 83, Glencoe, MN, 55336 EIN 41-0700500 Since 1952
Revenue (FY2024)
$181K
▼ 34.9% vs prior year
Expenses (FY2024)
$170K
Net assets
$561K
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 Minnesota Holstein-friesian Breeders Association Inc— 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 rating40 mo reserves · +6% 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 Minnesota Holstein-friesian Breeders Association Inc: 40 mo reserves · +6% 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 Minnesota Holstein-friesian Breeders Association Inc— 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 Minnesota Holstein-friesian Breeders Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $169K (FY2018) to $181K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,581Net assets $561K
Operating margin
5.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$563K
Total liabilities
$2,581
Net assets
$561K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $180,611▼34.9% | $170,120▼21.4% | $560,695▲1.9% | $563,276▲2.1% | 990 |
| 2023 | $277,324▲80.6% | $216,372▲32.9% | $550,204▲12.5% | $551,540▲10.5% | 990 |
| 2022 | $153,555▼77.6% | $162,859▼71.1% | $489,252▼1.9% | $499,204▼0.7% | 990 |
| 2021 | $685,072▲313% | $563,485▲296% | $498,556▲32.3% | $502,832▲20.9% | 990 |
| 2020 | $166,057▲13.5% | $142,334▼4.7% | $376,969▲6.7% | $415,982▲13.8% | 990EZ |
| 2019 | $146,305▼13.2% | $149,293▼16.2% | $353,247▼0.8% | $365,676▲1.7% | 990EZ |
| 2018 | $168,547 | $178,152 | $356,235 | $359,620 | 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.
Frequently asked questions
- Is Minnesota Holstein-friesian Breeders Association Inc a legitimate nonprofit?
- Yes. Minnesota Holstein-friesian Breeders Association Inc is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 41-0700500, based in Glencoe, Minnesota.
- What is Minnesota Holstein-friesian Breeders Association Inc's EIN?
- Minnesota Holstein-friesian Breeders Association Inc's Employer Identification Number (EIN) is 41-0700500.
- How much revenue does Minnesota Holstein-friesian Breeders Association Inc report?
- Minnesota Holstein-friesian Breeders Association Inc reported $180,611 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Minnesota Holstein-friesian Breeders Association Inc have?
- CharityIndex grades Minnesota Holstein-friesian Breeders Association Inc B, based on financial health (reserves and operating margin).
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Data for Minnesota Holstein-friesian Breeders Association Inc (EIN 41-0700500) 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.