Mo-kan Iron Workers Apprentice Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Mo-kan Iron Workers Apprentice Fund is a 501(c)(9) organization based in Bloomington, Minnesota, registered in 1964, with $2,247,694 in FY2024 revenue. CharityIndex grades it C+.
3001 Metro Dr Ste 500, Bloomington, MN, 55425 EIN 43-6130597 Since 1964
Revenue (FY2024)
$2.2M
▲ 2.5% vs prior year
Expenses (FY2024)
$1.5M
Net assets
$3.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Mo-kan Iron Workers Apprentice Fund— 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 rating25 mo reserves · +34% 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 Mo-kan Iron Workers Apprentice Fund: 25 mo reserves · +34% 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 Mo-kan Iron Workers Apprentice Fund— 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 Mo-kan Iron Workers Apprentice Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3001 Metro Dr Ste 500, Bloomington, MN, 55425
- City
- Bloomington
- State
- Minnesota
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $925K (FY2013) to $2.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $35KNet assets $3.1M
Operating margin
33.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2M
Total liabilities
$35K
Net assets
$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,247,694▲2.5% | $1,484,786▲5.6% | $3,137,238▲32.2% | $3,172,173▲31.8% | 990 |
| 2023 | $2,191,913▲56.3% | $1,405,948▲9.2% | $2,372,677▲49.5% | $2,406,807▲47.0% | 990 |
| 2022 | $1,402,104▲27.6% | $1,287,965▼10.5% | $1,587,136▲24.9% | $1,636,988▲23.7% | 990 |
| 2021 | $1,098,536▲3.3% | $1,439,149▲2.9% | $1,270,580▼25.1% | $1,323,439▼45.9% | 990 |
| 2020 | $1,063,830▼10.9% | $1,398,426▲10.7% | $1,695,881▼15.0% | $2,446,239▼10.5% | 990 |
| 2019 | $1,193,612▲15.3% | $1,263,609▲6.1% | $1,994,433▼3.5% | $2,732,412▼2.3% | 990 |
| 2018 | $1,035,662▲37.1% | $1,190,765▲29.0% | $2,067,673▼8.9% | $2,796,659▼7.5% | 990 |
| 2017 | $755,358▼24.0% | $923,022▲1.2% | $2,268,555▼7.2% | $3,024,725▲21.9% | 990 |
| 2016 | $993,258▼4.4% | $912,143▼10.0% | $2,445,335▲2.5% | $2,481,964▲1.2% | 990 |
| 2015 | $1,038,444▲19.0% | $1,013,680▲27.4% | $2,385,034▲1.6% | $2,451,962▲2.6% | 990 |
| 2014 | $872,521▼5.7% | $795,387▲0.5% | $2,348,143▲4.3% | $2,389,067▲3.3% | 990 |
| 2013 | $925,286 | $791,123▲4.1% | $2,251,586▲6.9% | $2,312,441▲7.1% | 990 |
| 2012 | — | $759,789▼3.5% | $2,106,182▲20.9% | $2,159,945▼10.1% | 990 |
| 2011 | — | $786,995▼10.4% | $1,742,672▼26.5% | $2,402,801▼0.6% | 990 |
| 2010 | — | $878,582▼13.3% | $2,372,289▼1.8% | $2,417,523▼2.6% | 990 |
| 2009 | — | $1,012,927 | $2,415,130 | $2,483,274 | 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.
Frequently asked questions
- Is Mo-kan Iron Workers Apprentice Fund a legitimate nonprofit?
- Yes. Mo-kan Iron Workers Apprentice Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 43-6130597, based in Bloomington, Minnesota.
- What is Mo-kan Iron Workers Apprentice Fund's EIN?
- Mo-kan Iron Workers Apprentice Fund's Employer Identification Number (EIN) is 43-6130597.
- How much revenue does Mo-kan Iron Workers Apprentice Fund report?
- Mo-kan Iron Workers Apprentice Fund reported $2,247,694 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mo-kan Iron Workers Apprentice Fund have?
- CharityIndex grades Mo-kan Iron Workers Apprentice Fund C+, based on financial health (reserves and operating margin).
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Data for Mo-kan Iron Workers Apprentice Fund (EIN 43-6130597) 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.