Sprout Mn EIN 46-1953536 Form 990 (PDF) Claim this org

Sprout Mn

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Connects local food, art, and culture to boost healthy eating, entrepreneurship, and creativity. For fiscal year 2024 it reported $605K in revenue, $713K in expenses, and $126K in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Little Falls, MN
Website
www.sproutmn.com
Filings
5 on file (2020–2024)
Revenue
$605KFY2024
Expenses
$713K
Net assets
$126K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-1953536 Public charity (501(c)(3)) Little Falls, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects local food, art, and culture to boost healthy eating, entrepreneurship, and creativity.
Leadership
Arlene Jones · Executive Di · $50K
Money in and out
$605K revenue, $713K expenses
Bottom line
96% program efficiency
Where the money goes · FY2024
Total revenue
$605K
Pt VIII · Ln 12
Total expenses
$713K
Pt IX · Ln 25
Net assets
$126K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$109K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs-0.3% vs prior filing year
Operating runway
1.9mo
months of highly liquid reserves at operating expense rate▼ -54% vs prior filing year
Surplus margin
-18%
revenue over expenses, this year▼ -258% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$605K
FY2024▼ -18%
Expenses
$713K
FY2024▲ +9%
Total assets
$204K
FY2024▼ -36%
Total liabilities
$78K
FY2024▼ -6%
Total revenue
$605K
Pt VIII · Ln 12
Total expenses
$713K
Pt IX · Ln 25
Net assets
$126K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$109K
Total assetsPt X · Ln 16$204K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSprout Mn
EINHdr · item D46-1953536
Principal addressHdr · item CLittle Falls, MN
WebsiteHdr · item Jwww.sproutmn.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$50,291Pt VII · Sec A
$8,422Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Arlene Jones$50,291$47,055$45,903$44,286$40,800
Sena Bergerud$20,779$16,079$13,271
Jessie Bavelli$8,422
Natalie Keane$6,721$7,797

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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Mission & Programs · Part III

Where the work happens

1 program service account for $687K of program spending, described in the organization's own filed words · FY2024.
01

A destination where artisans, performers, chefs and growers connect. Explore the natural bridges between agriculture, art, and culture through community projects, commissioned art, and special events.

$687Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$491K · 81%
Program service revenue$113K · 19%
Contributions & grants81%$491K
Program service revenue19%$113K
Investment income$207
— government grantsLn 1e$403K
Total revenueLn 12$605K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$687K
Management & general4%$26K
Total functional expensesLn 25$713K

Balance Sheet

Part X · end of year
CashLn 1$112K
Total assetsLn 16$204K
Total liabilitiesLn 26$78K
Total net assetsLn 32$126K
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $112K · Operating expenses/yr $713K
1.9 months
Where the money goes
Program services
Program services $687K · Total expenses $713K
96%
Management & General
Management & general $26K · Total expenses $713K
4%
Fundraising
Fundraising $0 · Total expenses $713K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $251K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $491K · Total revenue $605K
81%
Government reliance
Government grants $403K · Total revenue $605K
67%
Earned-income share
Program service revenue $113K · Total revenue $605K
19%
Investment reliance
Investment income $207 · Total revenue $605K
+0.03%
Program self-sufficiency
Program service revenue $113K · Total expenses $713K
16%
Growth & trend
Revenue growth (YoY)
This year $605K · Prior year $740K
-18%
Revenue CAGR
FY2020 $423K · FY2024 $605K
+9%
Net-asset trend (YoY)
End of year $126K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $605K · Expenses $713K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $204K
Net-asset ratio
Net assets $126K · Total assets $204K
62%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $204K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Arlene Jones · Reported title EXECUTIVE DI · Highest reported compensation $50K · Total expenses $713K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $180K · Total expenses $713K
25%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth -18%
Accounting fee ratio 0.8%

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 2 funders$100K

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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
FY2024 (Latest)$605K revenue · viewing · ⤓ 990 PDF
FY2023$740K revenue · ⤓ 990 PDF
FY2022$260K revenue · ⤓ 990 PDF
FY2021$421K revenue · ⤓ 990 PDF
FY2020$423K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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