Minnesota Lathing & Plastering Bureau Inc
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Minnesota Lathing & Plastering Bureau Inc is a 501(c)(6) organization based in Eagan, Minnesota, registered in 1961, with $184,208 in FY2024 revenue. CharityIndex grades it B.
1305 Corporate Center Drive, Eagan, MN, 55121 EIN 41-0780840 Since 1961
Revenue (FY2024)
$184K
▲ 75.0% vs prior year
Expenses (FY2024)
$65K
Net assets
$631K
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 Minnesota Lathing & Plastering Bureau Inc— 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 rating117 mo reserves · +65% 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 Lathing & Plastering Bureau Inc: 117 mo reserves · +65% 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 Minnesota Lathing & Plastering Bureau 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 Lathing & Plastering Bureau Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $63K (FY2010) to $184K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $631K
Operating margin
64.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$631K
Total liabilities
$0
Net assets
$631K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $184,208▲75.0% | $64,880▼49.4% | $631,266▲14.8% | $631,266▲14.5% | 990 |
| 2023 | $105,287▼0.6% | $128,132▲113% | $550,014▲6.2% | $551,224▲6.5% | 990 |
| 2022 | $105,883▼7.3% | $60,241▲7.8% | $517,673▼8.5% | $517,673▼8.5% | 990 |
| 2021 | $114,251▲8.2% | $55,894▲9.7% | $565,582▲21.1% | $565,596▲21.1% | 990 |
| 2020 | $105,596▼23.3% | $50,935▼24.1% | $466,918▲26.0% | $466,923▲26.0% | 990EZ |
| 2019 | $137,748▲18.0% | $67,069▼47.9% | $370,684▲34.3% | $370,689▲34.3% | 990EZ |
| 2018 | $116,705▼2.0% | $128,754▲4.5% | $275,989▼15.9% | $275,989▼15.9% | 990EZ |
| 2017 | $119,115▲2.0% | $123,267▲2.4% | $328,208▲10.6% | $328,208▲9.4% | 990EZ |
| 2016 | $116,759▼17.3% | $120,397▲4.4% | $296,667▲5.0% | $299,917▲6.1% | 990EZ |
| 2015 | $141,245▼10.4% | $115,358▲1.2% | $282,657▲10.1% | $282,657▲10.1% | 990 |
| 2014 | $157,657▲48.3% | $114,001▲3.6% | $256,770▲20.5% | $256,770▲20.5% | 990 |
| 2013 | $106,331▲25.7% | $109,996▲1.2% | $213,114▼1.7% | $213,114▼1.7% | 990EZ |
| 2012 | $84,614▲16.6% | $108,743▼7.0% | $216,779▼10.0% | $216,779▼12.3% | 990EZ |
| 2011 | $72,589▲14.5% | $116,889▼37.7% | $240,908▼15.5% | $247,092▼14.8% | 990EZ |
| 2010 | $63,391 | $187,741 | $285,208 | $289,907 | 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 Lathing & Plastering Bureau Inc a legitimate nonprofit?
- Yes. Minnesota Lathing & Plastering Bureau Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 41-0780840, based in Eagan, Minnesota.
- What is Minnesota Lathing & Plastering Bureau Inc's EIN?
- Minnesota Lathing & Plastering Bureau Inc's Employer Identification Number (EIN) is 41-0780840.
- How much revenue does Minnesota Lathing & Plastering Bureau Inc report?
- Minnesota Lathing & Plastering Bureau Inc reported $184,208 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Minnesota Lathing & Plastering Bureau Inc have?
- CharityIndex grades Minnesota Lathing & Plastering Bureau Inc B, based on financial health (reserves and operating margin).
More nonprofits in Eagan
Explore more
Data for Minnesota Lathing & Plastering Bureau Inc (EIN 41-0780840) 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.