Minndependent FY2020 filing
Empowers Minnesota independent schools with training, resources, and advocacy for student-centered learning. For fiscal year 2020 it reported $762K in revenue, $781K in expenses, and $373K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Minneapolis, MN
- Website
- www.minndependent.org
- Filings
- 5 on file (2020–2020)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Tim Benz’s $166K as President is at the 97th percentile of top reported officer pay among 1616 $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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|---|
| Tim Benz | $165,584 | $168,529 | $148,540 | $152,460 | $135,909 |
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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Where the work happens
The misf stem program, now in its twelfth year, encourages and supports misf member schools in their efforts to introduce and enhance stem education in their schools. The program offers financial support in the form of stem grants, product donations from corporate partners and subsidies for access to community-based stem programs and…
Misf membership is 153 schools serving 33,413 students. Out of the total member schools 78 serve elementary grades (k-8), 19 schools serve high school grades only (9-12), and 56 schools serve a combination that include secondary grades (k-12, 6-12, etc.).
The school leadership conference was held in september 2019. Seventy-three (73) school leaders and administrators attended misf's fifthteenth annual school leadership conference. In addition to school leaders, participants included session presenters and event exhibitors bringing the total number of attendees to 98.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 66% | — | — |
| Overhead ratio | 28% | — | — |
| Fundraising cost ratio | 8% | — | — |
| Accounting fee ratio | 2% | — | — |
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
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Filings & Schedule Manifest
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Sources
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