philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Msa Building Company

Tax-deductible

Woodbury, MN501(c)(3)Since 1998EducationEIN 41-1926728Revenue $1.2M in FY2024

On file with the IRS8430 Woodbury Xing, 55125-9433 · Woodbury, MNTax-exempt since Mar 1999Supporting organization — 509(a)(3)

This page gets seen. Tell your story. Claim this org.

Lease and maintain property for the math & science academy.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 7 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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 $72K a year · 11% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
207 mo
of spending, in cash
Looks good: 206.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$67.1M
102% of total assets
Concern: liabilities are 102% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+35% vs prior year
Spent
$2.3M
To programs
100%
Net assets
−$1.3M
By yearFY2020–FY2024
Revenue
$1.2M
FY2024▲ +35%
Tap a bar for its year
Revenue by fiscal year
FY2020$726K
FY2021$614K
FY2022$548K
FY2023$570K
FY2024$866K
FY2024$1.2M
Expenses
$2.3M
FY2024▲ +231%
Tap a bar for its year
Expenses by fiscal year
FY2020$716K
FY2021$931K
FY2022$603K
FY2023$754K
FY2024$681K
FY2024$2.3M
Net assets
−$1.3M
FY2024▼ -443%
Tap a bar for its year
Net assets by fiscal year
FY2020$126K
FY2021−$191K
FY2022−$247K
FY2023−$431K
FY2024−$246K
FY2024−$1.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1999.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $2.3M

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Dan Ellingson
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Denise Spiess
Treasurer
$0Pt VII · Sec A
See Msa Building Company executive salaries →

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

Something off? The org can add a note here. Request edit privileges.

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

Provides and cares for property for the Math & Science Academy.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $2.3M · in their own filed words · FY2024
01

Own and maintain PROPERTY/BUILDING that the math & science academy leases.

$2.3Mprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$975K
Investment incomeLn 3$190K
Money outPt IX
$2.3M
Ln 25
Programscol B$2.3M
Owns and owesPt X
−$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$38.8M
Total assetsLn 16$65.8M
LiabilitiesLn 26$67.1M
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$975K
Investment incomeLn 3$190K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$114
SavingsLn 2$38.8M
Cash and savings togetherLn 1–2$38.8M
Land, buildings, equipmentLn 10c$27.0M
Total assetsLn 16$65.8M
LiabilitiesLn 26$67.1M
Net assetsLn 32−$1.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.2M$38.8M
Land, buildings, equipmentLn 10c$7.6M$27.0M
Total assetsLn 16$8.8M$65.8M
LiabilitiesLn 26$9.0M$67.1M
Net assetsLn 32−$246K−$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$2.0M$2.0M
OccupancyLn 16$52$52
Depreciation, depletion and amortizationLn 22$245K$245K
Total functional expensesLn 25$2.3M$2.3M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $866K$681K$185K−$246K 990 PDF
FY2023 $570K$754K−$184K−$431K 990 PDF
FY2022 $548K$603K−$55K−$247K 990 PDF
FY2021 $614K$931K−$317K−$191K 990 PDF
FY2020 $726K$716K$10K$126K 990 PDF

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

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 FY2024 990 (6 parts)
Part I · Summary $1,165,583 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $815,913$975,414
I-10 Investment incomePrior year $50,170$190,169
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $866,083$1,165,583
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $680,930$2,253,598
I-18 Total expensesPrior year $680,930$2,253,598
I-19 Revenue less expensesPrior year $185,153−$1,088,015
Part VI · Governance 2 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
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
Part VIII · Statement of revenue $1,165,583 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $975,414$975,414
VIII-3 Investment incomeExcluded from tax $190,169$190,169
VIII-12 Total revenueRelated to mission $975,414 · Unrelated business $0 · Excluded from tax $190,169$1,165,583
Part IX · Statement of functional expenses $2,253,598 across 4 lines filed
IX-11c Accounting feesPrograms $11,100$11,100
IX-11g Other fees for servicesPrograms $1,996,951$1,996,951
IX-16 OccupancyPrograms $52$52
IX-22 Depreciation, depletion and amortizationPrograms $245,495$245,495
IX-25 Total functional expensesPrograms $2,253,598 · Management $0 · Fundraising $0$2,253,598
Part X · Balance sheet $65,772,875 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $18,123$114
X-2 Savings and temporary cash investmentsStart of year $1,188,256$38,816,850
X-10c Land, buildings and equipment, netStart of year $7,565,526$26,955,911
X-16 Total assetsStart of year $8,771,905$65,772,875
X-17 Accounts payable and accrued expensesStart of year $25,508$6,230,251
X-20 Tax-exempt bond liabilitiesStart of year $8,406,537$60,709,179
X-25 Other liabilitiesStart of year $585,563$167,163
X-26 Total liabilitiesStart of year $9,017,608$67,106,593
X-32 Total net assets or fund balancesStart of year −$245,703−$1,333,718
X-33 Total liabilities and net assetsStart of year $8,771,905$65,772,875
Part XI · Reconciliation of net assets −$1,333,718 net assets at year end
XI-1 Total revenue$1,165,583
XI-2 Total expenses$2,253,598
XI-3 Revenue less expenses−$1,088,015
XI-4 Net assets at start of year−$245,703
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$1,333,718

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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

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 pay comparisons above.