Seg-way Ministries
Only null% goes to programs Thin reserves Growing revenue
Seg-way Ministries is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 2006, with $281,638 in FY2024 revenue. CharityIndex grades it F.
310 18th Ave Se, Minneapolis, MN, 55414 EIN 41-1964938 Since 2006
Revenue (FY2024)
$282K
▲ 7.6% vs prior year
Religion median: $139K
Expenses (FY2024)
$309K
Net assets
-$219K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Seg-way Ministries— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -10% 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 Seg-way Ministries: 0 mo reserves · -10% margin earns a F 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 Seg-way Ministries— 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 Seg-way Ministries: 1 of 5 disclosure signals earns a D 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
- 310 18th Ave Se, Minneapolis, MN, 55414
- City
- Minneapolis
- State
- Minnesota
- Category
- Religion-Related
- Subcategory
- Religious Organizations
Financial trends
Revenue declined from $385K (FY2013) to $282K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $742KNet assets -$219K
Operating margin
-9.6%
Spent more than it raised in the latest fiscal year.
Total assets
$523K
Total liabilities
$742K
Net assets
-$219K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $281,638▲7.6% | $308,631▲12.2% | -$218,801▼14.1% | $523,288▼2.5% | 990 |
| 2023 | $261,812▲6.7% | $275,047▲18.0% | -$191,808▼7.4% | $536,898▼3.0% | 990 |
| 2022 | $245,322▲11.6% | $233,080▲17.7% | -$178,573▲6.4% | $553,373▲2.0% | 990 |
| 2021 | $219,829▲22.4% | $198,002▲3.5% | -$190,815▲10.3% | $542,295▲4.5% | 990 |
| 2020 | $179,605▼40.3% | $191,220▼39.2% | -$212,642▼5.8% | $518,975▼2.2% | 990 |
| 2019 | $300,964▲5.7% | $314,417▼3.3% | -$201,027▼7.2% | $530,463▼2.3% | 990 |
| 2018 | $284,853▲1.2% | $325,282▲11.9% | -$187,574▼27.5% | $542,883▼6.8% | 990 |
| 2017 | $281,481▲9.4% | $290,710▼1.7% | -$147,145▼6.7% | $582,530▼1.5% | 990 |
| 2016 | $257,285▼7.2% | $295,673▲3.0% | -$137,916▼38.6% | $591,590▼3.7% | 990 |
| 2015 | $277,134▼6.2% | $287,025▼12.5% | -$99,528▼11.0% | $614,183 | 990 |
| 2014 | $295,592▼23.2% | $328,013▼17.4% | -$89,637▼56.7% | $614,273▼5.0% | 990 |
| 2013 | $384,679 | $397,009▲37.7% | -$57,216▼27.5% | $646,421▼2.4% | 990 |
| 2012 | — | $288,223▼15.0% | -$44,886▼60.8% | $662,391▼2.4% | 990 |
| 2011 | — | $338,961 | -$27,917 | $678,530 | 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.
Grants received · $50K total
10 grants to Seg-way Ministries totaling $50K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2019 | $7,179 |
| Mightycause Charitable Foundation | Unrestricted | 2018 | $6,700 |
| National Christian Charitable Foundation | Growth | 2018 | $3,300 |
| Mightycause Charitable Foundation | Unrestricted | 2017 | $6,700 |
| National Christian Charitable Foundation | Growth | 2017 | $3,600 |
| Mightycause Charitable Foundation | Unrestricted | 2016 | $5,803 |
| National Christian Charitable Foundation | Christian discipleship | 2016 | $3,600 |
| Mightycause Charitable Foundation | Unrestricted | 2015 | $5,803 |
| National Christian Charitable Foundation | Christian discipleship | 2015 | $3,600 |
| National Christian Charitable Foundation | Christian discipleship | 2014 | $3,600 |
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Frequently asked questions
- Is Seg-way Ministries a legitimate nonprofit?
- Yes. Seg-way Ministries is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1964938, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Seg-way Ministries's EIN?
- Seg-way Ministries's Employer Identification Number (EIN) is 41-1964938.
- How much revenue does Seg-way Ministries report?
- Seg-way Ministries reported $281,638 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Seg-way Ministries have?
- CharityIndex grades Seg-way Ministries F, based on financial health (reserves and operating margin).
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Data for Seg-way Ministries (EIN 41-1964938) 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.