Mankato Teachers' Association FY2021 filing

Claim it free, then get the verified mark Claim this org →
EIN 23-7125708 Mutual-benefit / member-serving Mankato, MN NTEE J40
Form 990 (PDF)

Is this your organization? Claim it free

Revenue & expenses by yearFY2020–FY2025
Revenue
$601K
FY2021▲ +7%
Expenses
$499K
FY2021▼ -6%

Form 990 for the fiscal year ending August 2021 (IRS tax year 2020).


Mankato Teachers' Association is a member-serving organization based in Mankato, MN. For fiscal year 2021 it reported $601K in revenue, $499K in expenses, and $325K in net assets.Pt I

Type
Mutual-benefit / member-serving · Employment
Location
Mankato, MN
Website
mta.locals.educationminnesota.org
Filings
6 on file (2020–2021)
Revenue
$601KFY2021
Expenses
$499K
Net assets
$325K
People
8
Is this your organization?
Claim this profile to manage it and share your story.
Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Provided by the organization

This section is blank until Mankato Teachers' Association claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
a member-serving organization
Leadership
Mary Berg · Treasurer
Money in and out
$601K revenue, $499K expenses
Bottom line
+17% surplus margin

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

WARNING

No — not deductible

IRS records this as a A labor, agricultural, or horticultural organization.; contributions are not deductible as charitable gifts. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Education Minnesota

1 distinct foundation funder(s) on file, $45K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

100% to programs

100% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↑ +7% vs prior year

Revenue band $100K–1M, +7% versus the prior filing year (up). See detail →

Reported financial activity · FY2021
Total revenue
$601K
Pt VIII · Ln 12
Total expenses
$499K
Pt IX · Ln 25
Net assets
$325K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $102K
Where spending went · Part IX cols B–D
Program services $1.00
Surplus margin
+17%
revenue over expenses, this year
Program spending
100%
of expenses reach programs

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Mankato Teachers' Association →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$325K
FY2021▲ +46%
Total liabilities
$0
FY2021
Revenue less expensesPt I · Ln 19$102K
Total assetsPt X · Ln 16$325K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CMankato Teachers' Association
EINHdr · item D23-7125708
Principal addressHdr · item CMankato, MN
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(5) · active
NTEE classificationIRS BMFEmployment (J40)
Ruling yearIRS BMFJan 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Membership
$0Pt VII · Sec A
Gov Relation
$0Pt VII · Sec A
Teacher Righ
$0Pt VII · Sec A
Govt Relatio
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Mankato Teachers' Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2020.
01

Labor Contract Negotiations

Mankato teachers' association represents approximately 627 members in negotiating bi-annual contracts with minnesota school district 77. During the year ended august 31, 2021, association representatives held 12 meetings with the district regarding contract matters.

Pt IX · col B
02

Member Support

The association encourages its members to increase their skills, understanding, and involvement in the labor relations process. Financial support to two members was provided to enable them to attend either one or more of four workshops or a national meeting.

Pt IX · col B
03

Membership Activities

The association encourages comraderie among its members in order to further the members' understanding of their common goals. Two social events involving approximately 125 members were held during the year.

Pt IX · col B

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue100%$601K
Investment income$446
Total revenueLn 12$601K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$499K
Total functional expensesLn 25$499K

Balance Sheet

Part X · end of year
CashLn 1$325K
Total assetsLn 16$325K
Total liabilitiesLn 26$0
Total net assetsLn 32$325K
Months of cash on handcomputed7.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $325K · Operating expenses/yr $499K
7.8 months
Where the money goes
Program services
Program services $499K · Total expenses $499K
100%
Management & General
Management & general $0 · Total expenses $499K
0%
Fundraising
Fundraising $0 · Total expenses $499K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $601K
0%
Government reliance
Government grants — · Total revenue $601K
—
Earned-income share
Program service revenue $601K · Total revenue $601K
100%
Investment reliance
Investment income $446 · Total revenue $601K
+0.07%
Program self-sufficiency
Program service revenue $601K · Total expenses $499K
120%
Growth & trend
Revenue growth (YoY)
This year $601K · Prior year $564K
+7%
Net-asset trend (YoY)
End of year $325K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $601K · Expenses $499K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $325K
—
Net-asset ratio
Net assets $325K · Total assets $325K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $325K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mary Berg · Reported title TREASURER · Highest reported compensation $0 · Total expenses $499K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $17K · Total expenses $499K
3%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Revenue growth 7%——
Accounting fee ratio <0.01%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$45K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$569K revenue · ⤓ 990 PDF
FY2024$480K revenue · ⤓ 990 PDF
FY2023$509K revenue · ⤓ 990 PDF
FY2022$614K revenue · ⤓ 990 PDF
FY2021$601K revenue · viewing · ⤓ 990 PDF
FY2020$564K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.