Constellation Fund FY2021 filing

Tax-deductible

Minneapolis, MN501(c)(3)Since 2018Foundations & GrantmakersEIN 82-4027046Revenue $5.7M in FY2021

On file with the IRSconstellationfund.org323 North Washington Avenue Suite 2, 55401-2427 · Minneapolis, MNTax-exempt since Nov 2018Publicly supported charity — 170(b)(1)(A)(vi)

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Fight poverty in the Twin Cities by raising the living standards of individuals living below the poverty line in our seven-county metropolitan area.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$267K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $721K a year · 12% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$267K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 10.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$73K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.7M
+2% vs prior year
Spent
$3.9M
To programs
84%
Net assets
$8.2M
By yearFY2020–FY2025
Revenue
$5.7M
FY2021▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.6M
FY2021$5.7M
FY2022$5.2M
FY2023$6.5M
FY2024$5.2M
FY2025$8.3M
Expenses
$3.9M
FY2021▲ +32%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.9M
FY2021$3.9M
FY2022$5.9M
FY2023$5.3M
FY2024$6.5M
FY2025$7.6M
Net assets
$8.2M
FY2021▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.4M
FY2021$8.2M
FY2022$7.4M
FY2023$8.6M
FY2024$7.3M
FY2025$8.0M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2018.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $3.3M Management & general 7% · $279K Fundraising 9% · $342K

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

15 people listed on the 990; $267K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chief Advancement Officer
$155,000Pt VII · Sec A
Chief Impact Officer
$112,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
CEO, Chair, Secretary, Tre
$0Pt VII · Sec A

Matthew Morton’s $248K as Executive Director is at the 90th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Matthew Morton$248,173$249,500———
Saanii Hernandez$178,031$169,217$160,086$42,850—
Chris Wentzlaff$168,682$108,489———
Ryan Petersen——$142,483$136,126$155,000
Jose Diaz PHD$133,475$127,606$125,000——
Sandy Carr—$117,942$115,610——
Jose Diaz Pdd———$112,000$112,000
Danyale Green$108,954————

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps Twin Cities residents below the poverty line improve their lives and living standards.

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Provided by the organization

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1 program · $3.3M · in their own filed words · FY2020
01

In fiscal year 2021, Constellation Fund staff conducted two grant rounds in November and May. Constellation's staff continued to work to improve grantmaking processes, create new metrics, and began building a learnings framework.

$3.3Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 181 grants · $19.9M · 2019–2024
Way to GrowMN · FY2024$232,086
Summit Academy OicMN · FY2024$200,000
Keystone Community ServicesMN · FY2024$200,000
Dougherty Family CollegeMN · FY2024$200,000
Mental Health Resources INCMN · FY2024$175,000
Barr CenterMN · FY2024$160,000
Volunteer Lawyers Network LtdMN · FY2024$150,000
American Indian Oic INCMN · FY2024$150,000
Wallin Education PartnersMN · FY2024$125,000
Teen Hope MinistriesMN · FY2024$125,000
Centro Tyrone GuzmanMN · FY2024$125,000
Augsburg UniversityMN · FY2024$125,000
Annex Teen Clinic INCMN · FY2024$125,000
See all 181 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$5.7M
Ln 12
Gifts and grantsLn 1h$5.8M
Investment incomeLn 3$2K
Money outPt IX
$3.9M
Ln 25
Programscol B$3.3M
Managementcol C$279K
Fundraisingcol D$342K
Owns and owesPt X
$8.2M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$8.3M
LiabilitiesLn 26$73K
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.8M
Noncash giftsLn 1g$123K
Fundraising eventsLn 1c$332K
Investment incomeLn 3$2K
Gains on assetsLn 7$1K
Total revenueLn 12$5.7M
Assets in detailPt X, end of year
CashLn 1$119K
SavingsLn 2$3.4M
Cash and savings togetherLn 1–2$3.5M
Other assetsLn 15$5K
Total assetsLn 16$8.3M
LiabilitiesLn 26$73K
Net assetsLn 32$8.2M
OperationsPt I, VI
EmployeesI 58
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2.4M$3.5M
Total assetsLn 16$6.5M$8.3M
LiabilitiesLn 26$89K$73K
Net assetsLn 32$6.4M$8.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.9M$2.9M
Other salaries and wagesLn 7$671K$308K$133K$230K
Pension plan contributionsLn 8$22K$10K$3K$8K
Other employee benefitsLn 9$32K$16K$5K$12K
Payroll taxesLn 10$52K$26K$8K$19K
Legal feesLn 11b$882$882
Accounting feesLn 11c$30K$30K
Other fees for servicesLn 11g$99K$24K$71K$3K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$1K$1K
OccupancyLn 16$38K$18K$6K$14K
TravelLn 17$3K$225$3K
Conferences, conventions and meetingsLn 19$50K$4K$46K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$18K$105$8K$11K
All other expensesLn 24e$169$169
Total functional expensesLn 25$3.9M$3.3M$279K$342K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.3M$7.6M$713K$8.0M 990 PDF
FY2024 $5.2M$6.5M−$1.3M$7.3M 990 PDF
FY2023 $6.5M$5.3M$1.2M$8.6M 990 PDF
FY2022 $5.2M$5.9M−$785K$7.4M 990 PDF
FY2021 Viewing $5.7M$3.9M$1.8M$8.2M 990 PDF
FY2020 $5.6M$2.9M$2.7M$6.4M 990 PDF

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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 FY2021 990 (6 parts)
Part I · Summary $5,692,681 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,598,115$5,841,920
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $8,943$1,739
I-11 Other revenuePrior year $0−$150,978
I-12 Total revenuePrior year $5,607,058$5,692,681
I-13 Grants and similar amounts paidPrior year $2,012,633$2,859,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $711,761$777,272
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $212,714$246,683
I-18 Total expensesPrior year $2,937,108$3,882,955
I-19 Revenue less expensesPrior year $2,669,950$1,809,726
Part VI · Governance 13 of 13 board members independent, 2 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $5,692,681 across 9 lines filed
VIII-1c Fundraising events$331,576
VIII-1f All other contributions, gifts and grants$5,510,344
VIII-1g Noncash contributions (included above)$122,653
VIII-1h Total contributions, gifts and grants$5,841,920
VIII-3 Investment incomeExcluded from tax $337$337
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,402$1,402
VIII-8 Net income from fundraising eventsExcluded from tax −$151,165−$151,165
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $187$187
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$149,239$5,692,681
Part IX · Statement of functional expenses $3,882,955 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $2,859,000$2,859,000
IX-7 Other salaries and wagesPrograms $308,375 · Management $132,911 · Fundraising $229,800$671,086
IX-8 Pension plan contributionsPrograms $10,454 · Management $3,270 · Fundraising $7,787$21,511
IX-9 Other employee benefitsPrograms $15,648 · Management $4,894 · Fundraising $11,655$32,197
IX-10 Payroll taxesPrograms $25,504 · Management $7,977 · Fundraising $18,997$52,478
IX-11b Legal feesManagement $882$882
IX-11c Accounting feesManagement $30,070$30,070
IX-11g Other fees for servicesPrograms $24,234 · Management $71,379 · Fundraising $3,210$98,823
IX-12 Advertising and promotionManagement $1,774$1,774
IX-13 Office expensesManagement $1,331$1,331
IX-16 OccupancyPrograms $18,387 · Management $5,751 · Fundraising $13,696$37,834
IX-17 TravelPrograms $225 · Management $3,172$3,397
IX-19 Conferences, conventions and meetingsManagement $3,900 · Fundraising $45,893$49,793
IX-23 InsuranceManagement $4,358$4,358
IX-24 Other expenses (24a–d)Programs $105 · Management $7,515 · Fundraising $10,632$18,252
IX-24e All other expensesManagement $169$169
IX-25 Total functional expensesPrograms $3,261,932 · Management $279,353 · Fundraising $341,670$3,882,955
Part X · Balance sheet $8,252,391 assets, 13 lines filed
X-1 Cash, non-interest-bearing$119,104
X-2 Savings and temporary cash investmentsStart of year $2,383,083$3,400,757
X-3 Pledges and grants receivableStart of year $4,041,475$4,715,615
X-4 Accounts receivable$1,118
X-9 Prepaid expenses and deferred chargesStart of year $4,524$10,881
X-15 Other assetsStart of year $4,916$4,916
X-16 Total assetsStart of year $6,458,682$8,252,391
X-17 Accounts payable and accrued expensesStart of year $88,648$72,631
X-26 Total liabilitiesStart of year $88,648$72,631
X-27 Net assets without donor restrictionsStart of year $120,977$204,742
X-28 Net assets with donor restrictionsStart of year $6,249,057$7,975,018
X-32 Total net assets or fund balancesStart of year $6,370,034$8,179,760
X-33 Total liabilities and net assetsStart of year $6,458,682$8,252,391
Part XI · Reconciliation of net assets $8,179,760 net assets at year end
XI-1 Total revenue$5,692,681
XI-2 Total expenses$3,882,955
XI-3 Revenue less expenses$1,809,726
XI-4 Net assets at start of year$6,370,034
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,179,760

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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