NonprofitsFinnovation Institute

Education

Finnovation Institute

ROSEVILLE, MN

Total revenue

$5K

Total expenses

$569K

Net assets

$67K

Grants received

$1.7M

2 grants

EIN

854329890

Tax year

2024

Mission

To provide educational programs and tangible support to impact-driven entrepreneurs and build a vibrant and inclusive community of successful social businesses in the twin cities region, generating meaningful social and economic impact in our region and beyond.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$5K
Other revenue$501
Total revenue$5K

Expenses

Grants paid$267K
Salaries & benefits$40K
Fundraising$3K
Other expenses$261K
Total expenses$569K
Total assets$78K
Net assets$67K

People

4 listed

NameRoleCompensation

CONNIE RUTLEDGE

CEO

Board

$40K

35 hrs/wk

JACQUELINE BERGLUND

BOARD CHAIR

Board

2 hrs/wk

RENAY DOSSMAN

BOARD MEMEBE

Board

1 hrs/wk

KARI NIEDFELDT-THOMAS

TREASURER

Board

2 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$862K
FINNOVATION FELLOWSHIP PROGRAM COHORTS 4, 5 AND 6
2023
$862K
FINNOVATION FELLOWSHIP PROGRAM COHORTS 4, 5 AND 6
2022

Funded by

$1.7M from 1 funder · 2 grants · 2022–2023

The Bush Foundation

$1.7M · 2 grants · 2022–2023

Details

EIN854329890
NTEE codeB90
Subsection03
Ruling date2021-03
Formed2020
Employees0
Volunteers3
FINNOVATION INSTITUTE — Mission, Financials & Grants Received | Grantivo