Thomas C and Lois L Sando Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves Declining revenue
Thomas C and Lois L Sando Foundation is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1991, with $66,075 in FY2024 revenue. CharityIndex grades it F.
Co Barry Newman 50 S 6th St 1500, Minneapolis, MN, 55402 EIN 41-1676820 Since 1991
Revenue (FY2024)
$66K
▲ 612.9% vs prior year
Expenses (FY2024)
$246K
Net assets
$12K
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 Thomas C and Lois L Sando Foundation— 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 rating1 mo reserves · -272% 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 Thomas C and Lois L Sando Foundation: 1 mo reserves · -272% 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 Thomas C and Lois L Sando 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 Thomas C and Lois L Sando Foundation: 1 of 5 disclosure signals earns a D 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
- Address
- Co Barry Newman 50 S 6th St 1500, Minneapolis, MN, 55402
- City
- Minneapolis
- State
- Minnesota
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $33K (FY2020) to $66K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $12K
Operating margin
-272.1%
Spent more than it raised in the latest fiscal year.
Total assets
$12K
Total liabilities
$0
Net assets
$12K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $66,075▲613% | $245,886▲1.4% | $11,613▼93.9% | $11,613▼93.9% | 990PF |
| 2023 | $9,268▲137% | $242,466▲165% | $191,396▼54.6% | $191,396▼54.6% | 990PF |
| 2022 | -$25,387▼107% | $91,428▲12.5% | $421,621▼21.6% | $421,621▼21.6% | 990PF |
| 2021 | $359,958▲977% | $81,282▼20.6% | $537,993▲107% | $537,993▲107% | 990PF |
| 2020 | $33,420 | $102,401 | $260,298 | $260,298 | 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.
Frequently asked questions
- Is Thomas C and Lois L Sando Foundation a legitimate nonprofit?
- Yes. Thomas C and Lois L Sando Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1676820, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Thomas C and Lois L Sando Foundation's EIN?
- Thomas C and Lois L Sando Foundation's Employer Identification Number (EIN) is 41-1676820.
- How much revenue does Thomas C and Lois L Sando Foundation report?
- Thomas C and Lois L Sando Foundation reported $66,075 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thomas C and Lois L Sando Foundation have?
- CharityIndex grades Thomas C and Lois L Sando Foundation F, based on financial health (reserves and operating margin).
More nonprofits in Minneapolis
Explore more
Data for Thomas C and Lois L Sando Foundation (EIN 41-1676820) 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.