Crime & Legal-Related
(I50)
IRS Verified
DX Registered
990 on File
MINNESOTA FREEDOM FUND INC
Financial strength (30%)
87/100
Reliability (20%)
45/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Minnesota Freedom Fund pays criminal bail and immigration bond for those who cannot afford to as we seek to end discriminatory, coercive, and oppressive jailing.
Financial Overview — FY 2024
$1.2M
Total Revenue
$4.0M
Total Expenses
$15.0M
Net Assets
23
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
67.3%
Fundraising Efficiency
N/A
Operating Reserve
44.62x
Liability-to-Asset
3.9%
Revenue Diversification
50.6%
Executive Compensation
$230K
Compared with Peers
FY 2024
Compared with 891 similar organizations
(United States, Crime & Legal-Related, $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
|
67.3% | 83.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
31.6% | 11.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.2% | 2.1% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
44.6 mo | 8.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.9% | 15.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
50.6% | 96.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
53.4% | 8.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-9.6% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-248.3% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.2M | $4.0M | $15.0M | 67.3% | 23 |
| 2023 | $755K | $4.5M | $17.9M | 49.4% | 29 |
| 2022 | $330K | $7.0M | $21.6M | 85.1% | 26 |
| 2021 | $1.7M | $4.9M | N/A | — | 25 |
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