Cassia EIN 83-1758728

Cassia

EIN  83-1758728 Supporting organization Edina, MN
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/2/26 · see original filing: IRS
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Size
$1–10M
What they do
Fundraises to support elder care, housing, and community services.
Leadership
Matthew Crawford · VP of Philanthropy · $186K
Money in and out
$2.4M revenue, $885K expenses
Bottom line
+63% net inflow

Fundraises to support elder care, housing, and community services. For fiscal year 2024 it reported $2.4M in revenue, $885K in expenses, and $3.5M in net assets.Pt I

Money in and out · FY2024
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$885K
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.5M
Where spending went · Part IX cols B–D
Program services $0.09 Management & general $0.17 Fundraising $0.74
Net inflow
+63%
revenue over expenses, this year▲ +199% vs prior filing year
Pass-through gifts
66%
of revenue from contributions▲ +6% vs prior filing year
Program spending
9%
of expenses reach stated programs▼ -84% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.4M
FY2024▲ +13%
Expenses
$885K
FY2024▼ -47%
Total assets
$6.0M
FY2024▼ -8%
Total liabilities
$2.5M
FY2024▼ -19%
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$885K
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.5M
Total assetsPt X · Ln 16$6.0M
Program-expense ratioPt IX · col B9%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

1 program service account for $80K of program spending, described in the organization's own filed words · FY2024.
01

Cassia was organized for the purpose of furthering its charitable purposes, along with its beneficiary organizations, to provide residential and service alternatives that support each individuals' physical, spiritual, cultural, social, and recreational needs through the aging process to enhance their quality of life, and to support, aid…

$80Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCassia
EINHdr · item D83-1758728
Principal addressHdr · item CEdina, MN
WebsiteHdr · item Jwww.cassialife.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X02)
Ruling yearIRS BMFFeb 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
VP of Philanthropy
$185,740Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A
Chief Operating Officer
$0Pt VII · Sec A
Chief Strategic Officer
$0Pt VII · Sec A
Chief Human Resource Officer
$0Pt VII · Sec A
Chief Clinical and Compliance Officer
$0Pt VII · Sec A
Chair and Director
$0Pt VII · Sec A
Vice Chair and Director
$0Pt VII · Sec A

Matthew Crawford’s $186K as VP of Philanthropy is at the 87th percentile of top reported officer pay among 1637 $1–10M religion 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Matthew Crawford$185,740$157,751$157,827$149,450
Tilman Adair$101,100

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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Statement of Revenue

Part VIII
Contributions & grants$1.6M · 66%
Program service revenue$750K · 32%
Investment income$69K · 3%
Contributions & grants66%$1.6M
Program service revenue32%$750K
Investment income3%$69K
— government grantsLn 1e$45K
Total revenueLn 12$2.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.09 Management & general $0.17 Fundraising $0.74
Program services9%$80K
Management & general17%$148K
Fundraising74%$657K
Total functional expensesLn 25$885K

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$6.0M
Total liabilitiesLn 26$2.5M
Total net assetsLn 32$3.5M
Months of cash on handcomputed14.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.7M · Operating expenses (Pt IX) $885K · Less non-cash grants $17K · Cash operating expenses/yr $868K
50.6 months
Where the money goes
Program services
Program services $80K · Total expenses $885K
9%
Management & General
Management & general $148K · Total expenses $885K
17%
Fundraising
Fundraising $657K · Total expenses $885K
74%
Cost to raise $1
Fundraising expense (3-yr avg) $640K · Solicited contributions (3-yr avg) $2.8M
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.6M · Total revenue $2.4M
66%
Government reliance
Government grants $45K · Total revenue $2.4M
2%
Earned-income share
Program service revenue $750K · Total revenue $2.4M
32%
Investment reliance
Investment income $69K · Total revenue $2.4M
+3%
Program self-sufficiency
Program service revenue $750K · Total expenses $885K
85%
Growth & trend
Revenue growth (YoY)
This year $2.4M · Prior year $2.1M
+13%
Revenue CAGR
FY2020 $1.5M · FY2024 $2.4M
+12%
Net-asset trend (YoY)
End of year $3.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.4M · Expenses $885K
+63%
Liabilities-to-Assets
Total liabilities — · Total assets $6.0M
Net-asset ratio
Net assets $3.5M · Total assets $6.0M
58%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.0M
44%
People & payroll
Highest Reported Total Compensation
Individual Matthew Crawford · Reported title VP OF PHILANTHROPY · Highest reported compensation $186K · Total expenses $885K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $634K · Total expenses $885K
72%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 9%
Overhead ratio 17%
Fundraising cost ratio 42%
Revenue growth 13%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%

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
Elim Homes INCFY2024$10K
Total grants receivedfrom 3 funders$31K
See all 3 funders →
Grants paid · 24 grants · $1.9M · 2020–2024
Unitemized GrantFY2024$67,135
Unitemized GrantFY2024$5,916
Elim Care FoundationMN · FY2023$840,000
Unitemized GrantFY2023$10,750
Unitemized GrantFY2023$7,521
Augustana CareMN · FY2022$47,096
Elim Homes INCMN · FY2022$12,840
Open Circle Adult Day CareMN · FY2022$12,702
Haven Homes INCMN · FY2022$11,256
Redeemer Residence INCMN · FY2022$8,071
Unitemized GrantFY2022$7,100
Unitemized GrantFY2022$2,431
New Harmony Care Center INCMN · FY2021$378,600
Open Circle Adult Day CareMN · FY2021$53,441
See all 24 grants →

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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)$2.4M revenue · viewing · ⤓ 990 PDF
FY2023$2.1M revenue · ⤓ 990 PDF
FY2022$6.7M revenue · ⤓ 990 PDF
FY2021$2.8M revenue · ⤓ 990 PDF
FY2020$1.5M 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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