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Initiative Foundation Logo

MIP Score

81

Community Building
Business Development Support

Initiative Foundation

Mission

To empower people to build thriving communities and a vibrant region across central minnesota.

Basic Information

Tax-Exempt

Address

405 1st St SE, Little Falls, Minnesota, 56345

View all Little Falls charities

Founded in

1986

EIN

36-3451562

Total Assets

$98.82 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

Showing 1 of 1 goals

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

81

92

/100

Program Expense Ratio

89.15%

20

/20

Program Revenue Growth

5.02%

16

/20

Leverage Ratio

0.07497

20

/20

Working Capital Ratio

5.62

18

/20

Fundraising Efficiency

0.2328

18

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants15.63M82.98%
Program Services695.8K3.69%
Investment Income1.956M10.38%
Sales of Non-Inventory Assets447.2K2.37%
Other Notable Sources68.86K0.37%
Total Revenue18.84M100.00%