Marnitas Table INC FY2023 filing

Tax-deductible

Minneapolis, MN501(c)(3)EducationEIN 20-4045171Revenue $1.1M in FY2023

On file with the IRSmarnitastable.org2136 Penn Ave S, 55405-2456 · Minneapolis, MNTax-exempt since Feb 2007Publicly supported charity — 170(b)(1)(A)(vi)

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Marnita's Table seeks to make Intentional Social Interaction the new pattern for society where people of color, the disenfranchised, the poor, the unheard and the fragile (the "other") are automatically included and valued at the policy-marking and resource-sharing table.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$134K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $58K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$134K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $95K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$162K
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
7
of 10 voting members
Looks good: 7 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+3% vs prior year
Spent
$994K
To programs
79%
Net assets
$115K
By yearFY2020–FY2024
Revenue
$1.1M
FY2023▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.3M
FY2022$1.1M
FY2023$1.1M
FY2024$758K
Expenses
$994K
FY2023▼ -23%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.3M
FY2023$994K
FY2024$941K
Net assets
$115K
FY2023▲ ×265
Tap a bar for its year
Net assets by fiscal year
FY2020$155K
FY2021$222K
FY2022−$436
FY2023$115K
FY2024−$68K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $784K Management & general 20% · $202K Fundraising 1% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $134K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO/Founder
$134,013Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Marnita Schroedl’s $161K as CEO/Founder is at the 97th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marnita Schroedl$160,900$134,013$152,900$153,100$163,050

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects marginalized people with decision-makers to ensure their inclusion and value.

Questions for Marnitas Table INC

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Provided by the organization

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1 program · $784K · in their own filed words · FY2023
01

Events sponsored, support costs

$784Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$557K
Fees for servicesLn 2g$540K
Other incomeLn 4–11$12K
Money outPt IX
$994K
Ln 25
Programscol B$784K
Managementcol C$202K
Fundraisingcol D$8K
Owns and owesPt X
$115K
net assets · Ln 32
Cash and savingsLn 1–2$72K
Total assetsLn 16$276K
LiabilitiesLn 26$162K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$557K
Government grantsLn 1e$182K
Fees for servicesLn 2g$540K
Other incomeLn 4–11$12K
Gains on assetsLn 7$0
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$72K
SavingsLn 2$0
Cash and savings togetherLn 1–2$72K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$6K
Total assetsLn 16$276K
LiabilitiesLn 26$162K
Net assetsLn 32$115K
OperationsPt I, VI
EmployeesI 510
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$46K$72K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2K$2K
Total assetsLn 16$174K$276K
LiabilitiesLn 26$175K$162K
Net assetsLn 32−$436$115K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$134K$130K$4K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$402K$331K$67K$4K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$84K$71K$12K$611
Payroll taxesLn 10$41K$35K$6K$290
Management feesLn 11a$0
Legal feesLn 11b$20K$20K
Accounting feesLn 11c$44K$44K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$8K$7K$542$164
Advertising and promotionLn 12$15$15
Office expensesLn 13$18K$12K$5K$198
Information technologyLn 14$21K$13K$7K$176
RoyaltiesLn 15$0
OccupancyLn 16$45K$35K$10K$479
TravelLn 17$44K$42K$1K$411
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$9K$9K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3K$2K$399$20
InsuranceLn 23$13K$11K$3K$64
Other expenses (24a–d)Ln 24$130K$115K$13K$1K
All other expensesLn 24e−$23K−$21K−$1K
Total functional expensesLn 25$994K$784K$202K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $758K$941K−$182K−$68K 990 PDF
FY2023 Viewing $1.1M$994K$115K$115K 990 PDF
FY2022 $1.1M$1.3M−$223K−$436 990 PDF
FY2021 $1.3M$1.2M$67K$222K 990 PDF
FY2020 $1.1M$1.1M−$67K$155K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $1,108,944 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $726,384$556,566
I-9 Program service revenuePrior year $349,366$539,966
I-10 Investment income$0
I-11 Other revenue$12,412
I-12 Total revenuePrior year $1,075,750$1,108,944
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $673,401$661,819
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $625,275$332,044
I-18 Total expensesPrior year $1,298,676$993,863
I-19 Revenue less expensesPrior year −$222,926$115,081
Part VI · Governance 7 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members7
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $1,108,944 across 10 lines filed
VIII-1e Government grants$181,705
VIII-1f All other contributions, gifts and grants$374,861
VIII-1h Total contributions, gifts and grants$556,566
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $539,966$539,966
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$12,412
VIII-12 Total revenueRelated to mission $539,966$1,108,944
Part IX · Statement of functional expenses $993,863 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $130,013 · Management $4,000$134,013
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $331,329 · Management $67,145 · Fundraising $3,757$402,231
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $71,364 · Management $12,290 · Fundraising $611$84,265
IX-10 Payroll taxesPrograms $35,122 · Management $5,898 · Fundraising $290$41,310
IX-11a Management fees$0
IX-11b Legal feesManagement $20,480$20,480
IX-11c Accounting feesManagement $43,969$43,969
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $7,202 · Management $542 · Fundraising $164$7,908
IX-12 Advertising and promotionPrograms $15$15
IX-13 Office expensesPrograms $12,362 · Management $4,948 · Fundraising $198$17,508
IX-14 Information technologyPrograms $13,188 · Management $7,264 · Fundraising $176$20,628
IX-15 Royalties$0
IX-16 OccupancyPrograms $34,971 · Management $9,977 · Fundraising $479$45,427
IX-17 TravelPrograms $41,685 · Management $1,462 · Fundraising $411$43,558
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $9,247$9,247
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $2,305 · Management $399 · Fundraising $20$2,724
IX-23 InsurancePrograms $10,687 · Management $2,655 · Fundraising $64$13,406
IX-24 Other expenses (24a–d)Programs $115,129 · Management $13,202 · Fundraising $1,444$129,775
IX-24e All other expensesPrograms −$21,471 · Management −$1,130−$22,601
IX-25 Total functional expensesPrograms $783,901 · Management $202,348 · Fundraising $7,614$993,863
Part X · Balance sheet $276,181 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $45,548$72,420
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $93,000$191,690
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $23,710$4,601
X-10c Land, buildings and equipment, netStart of year $2,029$1,806
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $9,903$5,664
X-16 Total assetsStart of year $174,190$276,181
X-17 Accounts payable and accrued expensesStart of year $47,236$44,109
X-24 Unsecured notes and loans payableStart of year $99,500$58,223
X-25 Other liabilitiesStart of year $27,890$59,204
X-26 Total liabilitiesStart of year $174,626$161,536
X-27 Net assets without donor restrictionsStart of year −$436$4,645
X-28 Net assets with donor restrictions$110,000
X-32 Total net assets or fund balancesStart of year −$436$114,645
X-33 Total liabilities and net assetsStart of year $174,190$276,181
Part XI · Reconciliation of net assets $114,645 net assets at year end
XI-1 Total revenue$1,108,944
XI-2 Total expenses$993,863
XI-3 Revenue less expenses$115,081
XI-4 Net assets at start of year−$436
XI-10 Net assets at end of year$114,645

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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