Fantasy Cares EIN 83-2801038

Fantasy Cares

EIN  83-2801038 Public charity (501(c)(3)) Eagan, MN
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Raises money for charities through fantasy sports leagues.
Leadership
Russell Fisher · Treasurer / Executive · $9K
Money in and out
$534K revenue, $452K expenses
Bottom line
65% program efficiency

Raises money for charities through fantasy sports leagues. For fiscal year 2024 it reported $534K in revenue, $452K in expenses, and $137K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$452K
Pt IX · Ln 25
Net assets
$137K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $82K
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.29 Fundraising $0.06
Program efficiency
65%
of spending reaches programs▼ -28% vs prior filing year
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate▲ +16% vs prior filing year
Surplus margin
+15%
revenue over expenses, this year▼ -12% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$534K
FY2024▲ +105%
Expenses
$452K
FY2024▲ +110%
Total assets
$137K
FY2024▲ +149%
Total liabilities
$0
FY2024
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$452K
Pt IX · Ln 25
Net assets
$137K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$82K
Total assetsPt X · Ln 16$137K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $292K of program spending, described in the organization's own filed words · FY2024.
01

The majority of money raised is to be used to buy toys for kids at Christmas with those toys being donated to Toys for Tots. In the past, we have also done fundraisers to send money for hurricane relief after Hurricane Harvey, food shelves, and various other charities.

$292Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFantasy Cares
EINHdr · item D83-2801038
Principal addressHdr · item CEagan, MN
WebsiteHdr · item Jwww.fantasycares.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFDec 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b3
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer / Executive
$9,235Pt VII · Sec A
Board Member / Executive
$9,235Pt VII · Sec A
Secretary / Executive
$9,235Pt VII · Sec A
President / Executive
$8,871Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Russell Fisher’s $9K as Treasurer / Executive is at the 6th percentile of top reported officer pay among 1984 $100K–1M youth development 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.

See Fantasy Cares executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$509K · 95%
Other revenue$25K · 5%
Contributions & grants95%$509K
Other revenue5%$25K
Total revenueLn 12$534K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.29 Fundraising $0.06
Program services65%$292K
Management & general29%$131K
Fundraising6%$29K
Total functional expensesLn 25$452K

Balance Sheet

Part X · end of year
CashLn 1$137K
Total assetsLn 16$137K
Total liabilitiesLn 26$0
Total net assetsLn 32$137K
Months of cash on handcomputed3.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $137K · Operating expenses/yr $452K
3.6 months
Where the money goes
Program services
Program services $292K · Total expenses $452K
65%
Management & General
Management & general $131K · Total expenses $452K
29%
Fundraising
Fundraising $29K · Total expenses $452K
6%
Cost to raise $1
Fundraising expense (2-yr avg) $15K · Solicited contributions (2-yr avg) $370K
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $509K · Total revenue $534K
95%
Government reliance
Government grants — · Total revenue $534K
Earned-income share
Program service revenue $0 · Total revenue $534K
0%
Investment reliance
Investment income $0 · Total revenue $534K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $452K
0%
Growth & trend
Revenue growth (YoY)
This year $534K · Prior year $261K
+105%
Net-asset trend (YoY)
End of year $137K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $534K · Expenses $452K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $137K
Net-asset ratio
Net assets $137K · Total assets $137K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $137K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Russell Fisher · Reported title Treasurer / Executive · Highest reported compensation $9K · Total expenses $452K
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $37K · Total expenses $452K
8%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 29%
Fundraising cost ratio 6%
Revenue growth 105%
Accounting fee ratio 0%

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 6 funders$4K
See all 6 funders →
Grants paid · 9 grants · $186K · 2023–2024
Network for Good INCDC · FY2024$12,360
Donorschoose OrgNY · FY2024$5,907
Sarah FoundationFY2023$11,000
Best Christmas Ever INCMN · FY2023$8,000
Break the Hold INCNY · FY2023$7,010
City House DelrayFY2023$6,000

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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)$534K revenue · viewing · ⤓ 990 PDF
FY2023$261K revenue · ⤓ 990 PDF
FY2022$68K 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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