Change INC EIN 41-0906127

Change INC

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Empowers communities facing hardship with education, support, and training. For fiscal year 2025 it reported $9.0M in revenue, $9.8M in expenses, and $221K in net assets.Pt I

Founded
1967
Type
Public charity (501(c)(3)) · Human Services
Location
Saint Paul, MN
Website
www.thechangeinc.org
Filings
4 on file (2022–2025)
Revenue
$9.0MFY2025
Expenses
$9.8M
Net assets
$221K
People
9
Filings
4
Updates
0
More identity details & actions ⌄
EIN  41-0906127 Public charity (501(c)(3)) Saint Paul, MN Founded 1967
Form 990 (PDF)
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Figures match the IRS filing checked 8/14/26 · see original: IRS
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Size
$1–10M
What they do
Empowers communities facing hardship with education, support, and training.
Leadership
Jody Nelson · Senior Advisor · $154K
Money in and out
$9.0M revenue, $9.8M expenses
Bottom line
86% program efficiency
Where the money goes · FY2025
Total revenue
$9.0M
Pt VIII · Ln 12
Total expenses
$9.8M
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$829K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.12 Fundraising $0.02
Program efficiency
86%
of spending reaches programs▲ +0.6% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate▼ -100% vs prior filing year
Surplus margin
-9%
revenue over expenses, this year▼ -285% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$9.0M
FY2025▲ +3%
Expenses
$9.8M
FY2025▲ +10%
Total assets
$3.3M
FY2025▼ -20%
Total liabilities
$3.0M
FY2025▼ -4%
Total revenue
$9.0M
Pt VIII · Ln 12
Total expenses
$9.8M
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$829K
Total assetsPt X · Ln 16$3.3M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $8.5M of program spending, described in the organization's own filed words · FY2024.
01

The community & school collaborative (CSC) served 1,079 young people in the 2024-25 school year to remove mental and emotional barriers to school success. Over nearly two decades, services have expanded to include mentoring, case management, care coordination, and clinical mental health services.

$5.0Mprogram expense
02

Gap school served 228 youth and young adults (ages 14-24) in the 2024-25 school year through education and enrichment, training that leads to employment, and social emotional support. Through long-term partnerships with saint paul public schools, the saint paul community literacy consortium, and youthbuild global, gap school helps youth…

$2.5Mprogram expense
03

Change institute brings healing, teaching, and advocacy together to look at influencing systems change and approaching sustainability. Change institute helps develop and implement trainings focused on preparing caring adults (teacher, administrators, therapists, etc.) to best meet community mental health needs for children, youth, and…

$967Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChange INC
EINHdr · item D41-0906127
Principal addressHdr · item CSaint Paul, MN
WebsiteHdr · item Jwww.thechangeinc.org
Year of formationHdr · item L1967
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P84Z)
Ruling yearIRS BMFMay 1970

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
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 (FY2024); the FY2025 filing did not itemize Part VII
Senior Advisor
$154,073Pt VII · Sec A
Executive Director
$148,207Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jody Nelson’s $154K as Senior Advisor is at the 75th percentile of top reported officer pay among 3863 $1–10M human services 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Jody Nelson$165,138
Jody Nelson$154,073$157,975$152,286
Jill Johnson$148,207$112,296$115,664
Jill Johnson$120,097

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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Statement of Revenue

Part VIII
Contributions & grants$5.3M · 59%
Program service revenue$3.7M · 41%
Contributions & grants59%$5.3M
Program service revenue41%$3.7M
Investment income$4K
Other revenue$23K
— government grantsLn 1e$4.8M
Total revenueLn 12$9.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.12 Fundraising $0.02
Program services86%$8.5M
Management & general12%$1.2M
Fundraising2%$175K
Total functional expensesLn 25$9.8M

Balance Sheet

Part X · end of year
CashLn 1$3K
Total assetsLn 16$3.3M
Total liabilitiesLn 26$3.0M
Total net assetsLn 32$221K
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3K · Operating expenses/yr $9.8M
0.0 months
Where the money goes
Program services
Program services $8.5M · Total expenses $9.8M
86%
Management & General
Management & general $1.2M · Total expenses $9.8M
12%
Fundraising
Fundraising $175K · Total expenses $9.8M
2%
Cost to raise $1
Fundraising expense (3-yr avg) $202K · Solicited contributions (3-yr avg) $484K
$0.42 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $5.3M · Total revenue $9.0M
59%
Government reliance
Government grants $4.8M · Total revenue $9.0M
54%
Earned-income share
Program service revenue $3.7M · Total revenue $9.0M
41%
Investment reliance
Investment income $4K · Total revenue $9.0M
+0.04%
Program self-sufficiency
Program service revenue $3.7M · Total expenses $9.8M
38%
Growth & trend
Revenue growth (YoY)
This year $9.0M · Prior year $8.7M
+3%
Net-asset trend (YoY)
End of year $221K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $9.0M · Expenses $9.8M
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $3.3M
Net-asset ratio
Net assets $221K · Total assets $3.3M
7%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jody Nelson · Reported title SENIOR ADVISOR · Highest reported compensation $154K · Total expenses $9.8M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $7.3M · Total expenses $9.8M
74%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 12%
Fundraising cost ratio 3%
Revenue growth 3%
Legal fee ratio 4%
Accounting fee ratio 0.4%

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 · FY2024
See all 6 funders →

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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)$9.0M revenue · viewing · ⤓ 990 PDF
FY2024$8.7M revenue · ⤓ 990 PDF
FY2023$8.1M revenue · ⤓ 990 PDF
FY2022$6.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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