Foundation 191 EIN 83-0422091 Form 990 (PDF) Claim this org

Foundation 191 FY2021 filing

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Improves and expands educational opportunities for students in the Burnsville-Eagan-Savage School District. For fiscal year 2021 it reported $264K in revenue, $255K in expenses, and $164K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Burnsville, MN
Website
foundation191.org
Filings
6 on file (2020–2021)
Revenue
$264KFY2021
Expenses
$255K
Net assets
$164K
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  83-0422091 Public charity (501(c)(3)) Burnsville, MN
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Improves and expands educational opportunities for students in the Burnsville-Eagan-Savage School District.
Leadership
Robbie Bunnell · President
Money in and out
$264K revenue, $255K expenses
Bottom line
97% program efficiency
Where the money goes · FY2021
Total revenue
$264K
Pt VIII · Ln 12
Total expenses
$255K
Pt IX · Ln 25
Net assets
$164K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
7.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$264K
FY2021▲ +98%
Expenses
$255K
FY2021
Total assets
$164K
FY2021
Total liabilities
$0
FY2021
Total revenue
$264K
Pt VIII · Ln 12
Total expenses
$255K
Pt IX · Ln 25
Net assets
$164K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$164K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFoundation 191
EINHdr · item D83-0422091
Principal addressHdr · item CBurnsville, MN
WebsiteHdr · item Jfoundation191.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B12)
Ruling yearIRS BMFJun 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $247K of program spending, described in the organization's own filed words · FY2021.
01

Burnsville high school community scholarship award program foundation 191 is proud to sponsor the BHS scholarship program. Each year, community organizations provide graduating seniors who are pursuing post-secondary education with the opportunity to receive scholarships.

$245Kprogram expense
02

Foundation grant program the foundation 191 grant program is the heart and soul of this organization; the very foundation on which it was built. Each year, grant requests are submitted and awarded to classrooms throughout the school district for innovative and inclusive projects meant to enhance educational experiences.

$2Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$264K
Total revenueLn 12$264K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$247K
Management & general3%$8K
Total functional expensesLn 25$255K

Balance Sheet

Part X · end of year
CashLn 1$164K
Total assetsLn 16$164K
Total liabilitiesLn 26$0
Total net assetsLn 32$164K
Months of cash on handcomputed7.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $164K · Operating expenses/yr $255K
7.7 months
Where the money goes
Program services
Program services $247K · Total expenses $255K
97%
Management & General
Management & general $8K · Total expenses $255K
3%
Fundraising
Fundraising $0 · Total expenses $255K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $264K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $264K · Total revenue $264K
100%
Government reliance
Government grants — · Total revenue $264K
Earned-income share
Program service revenue $0 · Total revenue $264K
0%
Investment reliance
Investment income $0 · Total revenue $264K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $255K
0%
Growth & trend
Revenue growth (YoY)
This year $264K · Prior year $134K
+98%
Net-asset trend (YoY)
End of year $164K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $264K · Expenses $255K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $164K
Net-asset ratio
Net assets $164K · Total assets $164K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $164K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robbie Bunnell · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $255K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $255K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 98%
Accounting fee ratio 2%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$6K
Grants paid · 5 grants · $767K · 2021–2025
Unitemized GrantFY2025$124,000
Unitemized GrantFY2024$132,525
Unitemized GrantFY2023$123,181
Unitemized GrantFY2022$141,870
Unitemized GrantFY2021$245,150

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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
FY2025 (Latest)$157K revenue · ⤓ 990 PDF
FY2024$160K revenue · ⤓ 990 PDF
FY2023$155K revenue · ⤓ 990 PDF
FY2022$166K revenue · ⤓ 990 PDF
FY2021$264K revenue · viewing · ⤓ 990 PDF
FY2020$134K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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