NonprofitsNonprofit Financial Commons

Community Improvement & Capacity Building

Nonprofit Financial Commons

MINNEAPOLIS, MN

Total revenue

$636K

Total expenses

$653K

Net assets

Grants received

$664K

3 grants

EIN

883768867

Tax year

2023

Mission

The financial commons-a national peer-led network-supports a community of nonprofit finance leaders and others to share knowledge, ideas, and experiences. It also supports those with mutual interest in acting as advocates.

Financials

FY 2023

Revenue

Contributions & grants$592K
Program service revenue$42K
Investment income
Other revenue$2K
Total revenue$636K

Expenses

Grants paid
Salaries & benefits$227K
Fundraising$37K
Other expenses$426K
Total expenses$653K
Total assets$26K
Net assets

People

5 listed

NameRoleCompensation

MARVIN WEBB

EXECUTIVE DIRECTOR

Board

$41K

40 hrs/wk

DAVID RENZ

BOARD CHAIR

Board

3 hrs/wk

CARLO CUESTA

SECRETARY & TREASURER

Board

1 hrs/wk

LISSETTE RODRIGUEZ

BOARD MEMBER

Board

2 hrs/wk

VERNETTA WALKER

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$75K
GENERAL OPERATING SUPPORT
2024
$339K
FINANCIAL COMMONS
2023
$250K
For grant recipient's exempt purposes
2023

Funded by

$664K from 3 funders · 3 grants · 2023–2024

Propel Nonprofits

$339K · 1 grant · 2023

The Kresge Foundation

$75K · 1 grant · 2024

Details

EIN883768867
NTEE codeS50
Subsection03
Ruling date2023-01
Formed2022
Employees3
Volunteers50
NONPROFIT FINANCIAL COMMONS — Mission, Financials & Grants Received | Grantivo