Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
65 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
14 people listed on the 990; $142K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Ericca Maas | $165,000 | $129,375 | $73,125 |
| Michelle Corbin | $16,700 | $13,088 | $18,685 |
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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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 15aYes
Programs and updates
Provides high-quality early education to close achievement gaps and create a more equitable system.
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Close gaps by 5 works to strengthen and expand parent aware as minnesota's quality framework for early care and education programs by growing the number of available parent aware rated early care and education programs statewide and working to keep the rating standards strong and tied to what research says children need.
Close gaps by 5 recognizes that building high-quality programs is not enough if families do not have the means to access them. The second focus of close gap's program work is on educating policymakers and the public about the importance of increasing investments to enable access to high-quality early care and education programs by…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $478K | $385K |
| Total assetsLn 16 | $488K | $391K |
| LiabilitiesLn 26 | $3K | $21K |
| Net assetsLn 32 | $485K | $370K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $135K | $61K | $49K | $26K |
| Payroll taxesLn 10 | $10K | $5K | $4K | $2K |
| Accounting feesLn 11c | $9K | $9K | ||
| Lobbying feesLn 11d | $48K | $48K | ||
| Advertising and promotionLn 12 | $147K | $112K | $30K | $5K |
| Office expensesLn 13 | $49K | $21K | $24K | $4K |
| OccupancyLn 16 | $420 | $420 | ||
| TravelLn 17 | $2K | $671 | $1K | |
| InterestLn 20 | $55 | $55 | ||
| InsuranceLn 23 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $50K | $49K | $790 | $98 |
| Total functional expensesLn 25 | $452K | $296K | $119K | $37K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2022 Latest | $221K | $591K | −$370K | $0 | 990 PDF |
| FY2021 Viewing | $338K | $452K | −$115K | $370K | 990 PDF |
| FY2020 | $255K | $329K | −$74K | $485K | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $337,782 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, no flags
Part VIII · Statement of revenue $337,782 across 3 lines filed
Part IX · Statement of functional expenses $452,461 across 11 lines filed
Part X · Balance sheet $391,382 assets, 11 lines filed
Part XI · Reconciliation of net assets $370,171 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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