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Cla Foundation EIN 47-3544862

Cla Foundation

EIN  47-3544862 Private foundation / grantmaker Minneapolis, MN
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/25/26 · see original filing: IRS
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Size
$1–10M
What they do
A private foundation based in Minneapolis, MN. It reported about $4.6M in revenue for 2024.
Leadership
Mindy Plewacki · Executive Director (thru 03/24)
Money in and out
$4.6M revenue, $2.0M expenses
Bottom line
—

A private foundation based in Minneapolis, MN. It reported about $4.6M in revenue for 2024. For fiscal year 2024 it reported $4.6M in revenue, $2.0M in expenses, and $2.1M in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$4.6M
Pt VIII · Ln 12
Total expenses
$2.0M
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.6M
Total assets
2.6M
deployed as grants and operations
Grants paid
2.0M
in FY2024
Grants made
202grants
total in period
Payout rate
76%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 202 grants · $3.3M · 2024–2024
Naba INCPA · FY2024$200,000
Scholarship America INCFY2024$90,000
Jobs for the Future INCMA · FY2024$88,000
Black Men TeachMN · FY2024$70,000
Careers in Construction ColoradoCO · FY2024$66,000
Wildflyer CoffeeMN · FY2024$60,000
Market Entry FundMN · FY2024$50,000
Regents of the University of California at IrvineCA · FY2024$44,000
Berlin Community Day CareWI · FY2024$40,000
United Way of Benton & Franklin CountiesWA · FY2024$36,000
The Dallas EcTX · FY2024$30,000
Boys & Girls Clubs of ToledoOH · FY2024$26,000
YWCA of Southeastern MassachuettsMA · FY2024$25,000
The Guild for Human Services INCMA · FY2024$25,000
Minds MatterFY2024$25,000
Mankato Youth Place INCMN · FY2024$25,000
The Drake House INCGA · FY2024$25,000
Workforce Resource INCFY2024$20,000
See all 202 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV133
Average grantPart XV$17K
Median grantPart XV$14K
Largest grantPart XV$200K
Top cause focusNTEEHuman Services (12%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$4.6M
FY2024▲ +79%
Expenses
$2.0M
FY2024▼ -17%
Total assets
$2.6M
FY2024▲ +93%
Total liabilities
$499K
FY2024▼ -73%
Total revenue
$4.6M
Pt VIII · Ln 12
Total expenses
$2.0M
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Total assetsPt II$2.6M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCla Foundation
EINHdr · item D47-3544862
Principal addressHdr · item CMinneapolis, MN
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T21)
Ruling yearIRS BMFAug 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Mindy Plewacki
Executive Director (thru 03/24)
$0Pt VII · Sec A
Susan Carter
Executive Director (as of 02/24)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Jen Leary
Ex-Officio
$0Pt VII · Sec A
$0Pt VII · Sec A
Susan Barry
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cla Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$4.6M
Investment income$9K
Total revenueLn 12$4.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.98 Operating & administrative $0.02
Grants & contributions paid98%$2.0M
Operating & administrative2%$41K
Total functional expensesLn 25$2.0M

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$2.6M
Total liabilitiesLn 26$499K
Total net assetsLn 32$2.1M
Months of cash on handcomputed7.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $2.6M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $4.6M
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $4.6M
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $4.6M · Prior year $2.6M
+79%
Revenue CAGR
FY2020 $1.2M · FY2024 $4.6M
+41%
Net-asset trend (YoY)
End of year $2.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.6M · Expenses $2.0M
+56%
Liabilities-to-Assets
Total liabilities — · Total assets $2.6M
—
Net-asset ratio
Net assets $2.1M · Total assets $2.6M
81%
People & payroll
Highest Reported Total Compensation
Individual Mindy Plewacki · Reported title EXECUTIVE DIRECTOR (THRU 03/24) · Highest reported compensation $0 · Total expenses $2.0M
0%
Personnel share
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth 79%——

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.

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Highmark FoundationPA
See all organizations like Cla Foundation →

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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)$4.6M revenue · viewing · ⤓ 990 PDF
FY2023$2.6M revenue · ⤓ 990 PDF
FY2022$2.0M revenue · ⤓ 990 PDF
FY2021$1.6M revenue · ⤓ 990 PDF
FY2020$1.2M 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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