Ritecare of Minneapolis-st Paul Inc
Only null% goes to programs Strong reserves
Ritecare of Minneapolis-st Paul Inc is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 2004, with $216,870 in FY2023 revenue. CharityIndex grades it B.
2011 Dupont Ave S, Minneapolis, MN, 55405 EIN 20-0282125 Since 2004
Revenue (FY2023)
$217K
▲ 27.5% vs prior year
Education median: $200K
Expenses (FY2023)
$176K
Net assets
$763K
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 Ritecare of Minneapolis-st Paul 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 rating52 mo reserves · +19% 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 Ritecare of Minneapolis-st Paul Inc: 52 mo reserves · +19% 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 Ritecare of Minneapolis-st Paul 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 Ritecare of Minneapolis-st Paul Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2011 Dupont Ave S, Minneapolis, MN, 55405
- City
- Minneapolis
- State
- Minnesota
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue grew from $170K (FY2009) to $217K (FY2023) across 14 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $24KNet assets $763K
Operating margin
19.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$786K
Total liabilities
$24K
Net assets
$763K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $216,870▲27.5% | $175,760▼25.6% | $762,600▲11.8% | $786,126▲10.5% | 990 |
| 2022 | $170,047▲8.9% | $236,255▲26.8% | $681,927▼5.2% | $711,536▼5.5% | 990 |
| 2021 | $156,124▼34.6% | $186,276▼2.9% | $719,366▼14.4% | $752,790▼14.1% | 990 |
| 2020 | $238,734▼50.1% | $191,927▲1.5% | $839,940▲18.8% | $876,035▲17.4% | 990 |
| 2019 | $478,215▲176% | $189,052▲12.5% | $706,777▲66.2% | $746,312▲63.4% | 990 |
| 2018 | $173,289▲1.5% | $167,994▲14.6% | $425,269▼3.8% | $456,629▼3.0% | 990 |
| 2017 | $170,810▼8.3% | $146,545▼9.0% | $441,953▲5.1% | $470,633▲10.5% | 990 |
| 2016 | $186,169▼0.3% | $160,958▲36.7% | $420,561▲8.5% | $426,019▲7.7% | 990 |
| 2015 | $186,683▲40.1% | $117,745▲23.0% | $387,754▲19.4% | $395,515▲19.3% | 990 |
| 2014 | $133,267▼8.6% | $95,753▲30.2% | $324,644▲12.2% | $331,579▲12.5% | 990EZ |
| 2013 | $145,859▲190% | $73,526▲14.0% | $289,360▲25.8% | $294,682▲27.3% | 990EZ |
| 2011 | $50,371▼59.2% | $64,524▼62.2% | $230,107▼6.1% | $231,574▼7.1% | 990EZ |
| 2010 | $123,565▼27.2% | $170,724▼2.3% | $245,113▼15.7% | $249,385▼15.3% | 990EZ |
| 2009 | $169,824 | $174,831 | $290,698 | $294,478 | 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.
Grants received · $10K total
1 grant to Ritecare of Minneapolis-st Paul Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Education | 2014 | $10,000 |
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Frequently asked questions
- Is Ritecare of Minneapolis-st Paul Inc a legitimate nonprofit?
- Yes. Ritecare of Minneapolis-st Paul Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-0282125, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Ritecare of Minneapolis-st Paul Inc's EIN?
- Ritecare of Minneapolis-st Paul Inc's Employer Identification Number (EIN) is 20-0282125.
- How much revenue does Ritecare of Minneapolis-st Paul Inc report?
- Ritecare of Minneapolis-st Paul Inc reported $216,870 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Ritecare of Minneapolis-st Paul Inc have?
- CharityIndex grades Ritecare of Minneapolis-st Paul Inc B, based on financial health (reserves and operating margin).
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Data for Ritecare of Minneapolis-st Paul Inc (EIN 20-0282125) 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.