Minneapolis Recreation Development Inc
- Assets
- $2.4m
- Revenue
- $341.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Edina, MN
- Founding
- 06/1996
- Data as of
- 12/2021
- EIN
- 41-1836443
Organization Overview
Minneapolis Recreation Development Inc is located in Edina, MN. The organization was established in 1996. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minneapolis Recreation Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Minneapolis Recreation Development Inc generated $341.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $244.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CARING FOR AND FEEDING THE DISADVANTAGED. PROVIDE BASIC SUPPLIES SUCH AS WINTER WEAR, BACKPACKS, BUS TOKENS, TEMPORARY HOUSING ADN OTHER HOMELESS ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FOOD FOR AT LEAST 2300 HOMELESS AND UNDERPRIVILEGED INDIVIDUALS EVERY NIGHT FORM 9:00 PM UNTIL 12:00 NOON. SANDWICHES ARE PREPARED BY OVER 400 GROUPS OF VOLUNTEERS AROUND THE METRO AREA AND PICKED UP AND DELIVERED BY EXECUTIVE DIRECTOR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Mssie Director | Trustee | 0 | $0 |
Frankie Richardson Director | Trustee | 0 | $0 |
Allan Law Executive Dir. | Trustee | 120 | $0 |
Tracy Massie Director | Trustee | 0 | $0 |
Lanny Law Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $341,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $341,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,400 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,305 |
| Insurance | $7,100 |
| All other expenses | $0 |
| Total functional expenses | $244,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,228 |
| Savings and temporary cash investments | $2,367,171 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $26,803 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,433,202 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,433,202 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,433,202 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Minneapolis Recreation Development Inc has recieved totaling $118,991.
| Awarding Organization | Amount |
|---|---|
Camara-Press Foundation Minnetonka, MN PURPOSE: CHARITABLE | $100,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,208 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $8,220 |
The Mike & Linda Fiterman Family Foundation Minneapolis, MN PURPOSE: PUBLIC SUPPORT | $1,000 |
Baird Foundation Inc Milwaukee, WI PURPOSE: GENERAL SUPPORT | $513 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys And Girls Club Of Greater Milwaukee Inc Milwaukee, WI | $63,804,906 | $30,391,862 |
Boys And Girls Clubs Of The Twin Cities St Paul, MN | $18,999,900 | $12,943,555 |
Boys & Girls Club Of The Northern Plains Inc Brookings, SD | $67,975,086 | $5,252,316 |
Boys And Girls Clubs Of The Bay And Lakes Region Inc Green Bay, WI | $12,657,673 | $4,956,529 |
The Oshkosh Boys And Girls Club Oshkosh, WI | $13,142,336 | $4,517,629 |
Boys And Girls Club Of Portage County Inc Stevens Point, WI | $7,627,286 | $4,036,608 |
Boys & Girls Club Of The Greater Chippewa Valley Inc Eau Claire, WI | $6,275,320 | $5,133,374 |
Boys And Girls Club Of Watertown Inc Watertown, SD | $6,495,648 | $2,143,034 |
Boys & Girls Club Of The Wausau Area Inc Wausau, WI | $4,880,685 | $3,069,760 |
Boys & Girls Club Of Rochester Rochester, MN | $6,034,312 | $1,635,545 |
Aberdeen Area Boys And Girls Club Aberdeen, SD | $6,572,194 | $1,897,607 |
Boys & Girls Club Of The Tri-County Area Inc Berlin, WI | $13,580,083 | $6,047,890 |