Project Minnesota-Leon

EIN 41-1733923 Public charity (501(c)(3)) St Paul, MN NTEE Q230
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Revenue & expenses by yearFY2020–FY2025
Revenue
$12K
FY2025▼ -66%
Expenses
$26K
FY2025▼ -22%

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).


Delivers aid to Nicaragua and sponsors trips to build relationships and learn about its people. For fiscal year 2025 it reported $12K in revenue, $26K in expenses, and $72K in net assets.Pt I

Founded
1988
Type
Public charity (501(c)(3)) · International
Location
St Paul, MN
Website
www.minnesotaleon.org
Filings
6 on file (2020–2025)
Revenue
$12KFY2025
Expenses
$26K
Net assets
$72K
People
5
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Provided by the organization

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Size
<$100K
What they do
Delivers aid to Nicaragua and sponsors trips to build relationships and learn about its people.
Leadership
Ralph Baumgartner · Board Member
Money in and out
$12K revenue, $26K expenses
Bottom line
71% program efficiency

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Yes — filed FY2025

Details →

Foundation funders?

good 1 funder — The Minneapolis Foundation

$6K in the latest grant year. Details →

Spent on programs?

good 71% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

<$100K

↓ -66% vs prior year Details →

Where the money goes · FY2025
Total revenue
$12K
Pt VIII · Ln 12
Total expenses
$26K
Pt IX · Ln 25
Net assets
$72K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$14K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.26 Fundraising $0.03
Program efficiency
71%
of spending reaches programs▲ +15% vs prior filing year
Operating runway
33.6mo
months of highly liquid reserves at operating expense rate▲ +7% vs prior filing year
Surplus margin
-117%
revenue over expenses, this year▼ -2129% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$72K
FY2025▼ -16%
Total liabilities
$0
FY2025
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$72K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CProject Minnesota-Leon
EINHdr · item D41-1733923
Principal addressHdr · item CSt Paul, MN
WebsiteHdr · item Jwww.minnesotaleon.org
Year of formationHdr · item L1988
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q230)
Ruling yearIRS BMFDec 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
Board Member and Secretary
$0Pt VII · Sec A
Ex-Officio Board Treasurer and Bookkeeper
$0Pt VII · Sec A
See Project Minnesota-Leon executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $18K of program spending, described in the organization's own filed words · FY2025.
01

Community assistance

$18Kprogram expense
02

Group Immersion Travel

because of the political situation, no immersion trips occurred in 2024

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$12K
Investment income$3
Total revenueLn 12$12K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.26 Fundraising $0.03
Program services71%$18K
Management & general26%$7K
Fundraising3%$766
Total functional expensesLn 25$26K

Balance Sheet

Part X · end of year
CashLn 1$72K
Total assetsLn 16$72K
Total liabilitiesLn 26$0
Total net assetsLn 32$72K
Months of cash on handcomputed33.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $72K · Operating expenses/yr $26K
33.6 months
Where the money goes
Program services
Program services $18K · Total expenses $26K
71%
Management & General
Management & general $7K · Total expenses $26K
26%
Fundraising
Fundraising $766 · Total expenses $26K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $728 · Solicited contributions (3-yr avg) $24K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $12K · Total revenue $12K
100%
Government reliance
Government grants $0 · Total revenue $12K
0%
Earned-income share
Program service revenue $0 · Total revenue $12K
0%
Investment reliance
Investment income $3 · Total revenue $12K
+0.03%
Program self-sufficiency
Program service revenue $0 · Total expenses $26K
0%
Growth & trend
Revenue growth (YoY)
This year $12K · Prior year $35K
-66%
Revenue CAGR
FY2020 $59K · FY2025 $12K
-28%
Net-asset trend (YoY)
End of year $72K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $12K · Expenses $26K
-117%
Liabilities-to-Assets
Total liabilities — · Total assets $72K
—
Net-asset ratio
Net assets $72K · Total assets $72K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $72K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ralph Baumgartner · Reported title Board Member · Highest reported compensation $0 · Total expenses $26K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $26K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%——
Overhead ratio 26%——
Fundraising cost ratio 6%——
Revenue growth -66%——

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$6K

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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)$12K revenue · viewing · ⤓ 990 PDF
FY2024$35K revenue · ⤓ 990 PDF
FY2023$27K revenue · ⤓ 990 PDF
FY2022$35K revenue · ⤓ 990 PDF
FY2021$52K revenue · ⤓ 990 PDF
FY2020$59K 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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