Russell B Hagen Foundation
Only null% goes to programs Strong reserves Growing revenue
Russell B Hagen Foundation is a 501(c)(3) organization based in Lakeland Shrs, Minnesota, registered in 1999, with $208,454 in FY2024 revenue. CharityIndex grades it C+.
95 Lakeland Shores Rd, Lakeland Shrs, MN, 55043 EIN 41-1941194 Since 1999
Revenue (FY2024)
$208K
▲ 35.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$115K
Net assets
$2.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Russell B Hagen Foundation— 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 rating233 mo reserves · +45% 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 Russell B Hagen Foundation: 233 mo reserves · +45% 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 Russell B Hagen Foundation— 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 Russell B Hagen Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 95 Lakeland Shores Rd, Lakeland Shrs, MN, 55043
- City
- Lakeland Shrs
- State
- Minnesota
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $234K (FY2013) to $208K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.2M
Operating margin
44.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$0
Net assets
$2.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $208,454▲35.4% | $115,258▲49.3% | $2,235,204▲4.4% | $2,235,204▲4.4% | 990PF |
| 2023 | $153,933▼16.5% | $77,210▼36.1% | $2,142,008▲3.7% | $2,142,008▲3.7% | 990PF |
| 2022 | $184,343▲71.6% | $120,821▲119% | $2,065,285▲3.2% | $2,065,285▲3.2% | 990PF |
| 2021 | $107,437▼8.8% | $55,169▼8.5% | $2,001,763▲2.7% | $2,001,763▲2.7% | 990PF |
| 2020 | $117,776▼1.6% | $60,272▼75.5% | $1,949,495▲3.0% | $1,949,495▲3.0% | 990PF |
| 2019 | $119,694▼34.9% | $245,890▲19.3% | $1,891,991▼6.3% | $1,891,991▼6.3% | 990PF |
| 2018 | $183,982▲29.3% | $206,050▲39.1% | $2,018,187▼1.1% | $2,018,187▼1.1% | 990PF |
| 2017 | $142,271▼36.1% | $148,170▼10.1% | $2,040,255▼0.3% | $2,040,255▼0.3% | 990PF |
| 2016 | $222,795▲20.3% | $164,806▲0.9% | $2,046,154▲2.9% | $2,046,154▲2.9% | 990PF |
| 2015 | $185,266▲143% | $163,390▼76.3% | $1,988,165▲1.1% | $1,988,165▲1.1% | 990PF |
| 2014 | -$434,507▼285% | $690,194▲104% | $1,966,289▼36.4% | $1,966,289▼36.4% | 990PF |
| 2013 | $234,359 | $338,469▲52.6% | $3,090,990▼3.3% | $3,090,990▼3.3% | 990PF |
| 2012 | — | $221,792▲316% | $3,195,100▲0.9% | $3,195,100▲0.9% | 990PF |
| 2011 | — | $53,350▲715% | $3,165,893▲22.0% | $3,165,893▲22.0% | 990PF |
| 2010 | — | $6,542 | $2,594,676 | $2,594,676 | 990PF |
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.
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Compare Russell B Hagen Foundation
Frequently asked questions
- Is Russell B Hagen Foundation a legitimate nonprofit?
- Yes. Russell B Hagen Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1941194, based in Lakeland Shrs, Minnesota. Donations are tax-deductible.
- What is Russell B Hagen Foundation's EIN?
- Russell B Hagen Foundation's Employer Identification Number (EIN) is 41-1941194.
- How much revenue does Russell B Hagen Foundation report?
- Russell B Hagen Foundation reported $208,454 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Russell B Hagen Foundation have?
- CharityIndex grades Russell B Hagen Foundation C+, based on financial health (reserves and operating margin).
Explore more
Data for Russell B Hagen Foundation (EIN 41-1941194) 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.