Education
(B110)
IRS Verified
DX Registered
990 on File
MINNESOTA STATE UNIVERSITY MANKATO FOUNDATION INCORPORATED
Financial strength (30%)
93/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To enhance the University’s ability to achieve its mission by encouraging and stewarding sustained philanthropic support from alumni and friends.
Financial Overview — FY 2024
$16.3M
Total Revenue
$7.3M
Total Expenses
$100.2M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.3%
Fundraising Efficiency
N/A
Operating Reserve
165.65x
Liability-to-Asset
0.9%
Revenue Diversification
75.1%
Compared with Peers
FY 2024
Compared with 7,551 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.3% | 84.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.9% | 12.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
165.7 mo | 9.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.9% | 18.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
75.1% | 89.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
107.0% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.6% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
55.5% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $16.3M | $7.3M | $100.2M | 77.3% | 0 |
| 2023 | $7.9M | $6.2M | $85.3M | 78.7% | 0 |
| 2022 | $9.3M | $7.5M | N/A | — | 0 |
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