THE FOOD GROUP MINNESOTA INC

NEW HOPE, MN, 55428-3710 (763) 450-3860 Est. 1976 EIN 41-1246504
K31Z— Food, Agriculture & Nutrition Form 990 501(c)(3)
www.thefoodgroupmn.org

Mission

FIGHTING HUNGER. NOURISHING OUR COMMUNITY.

Giving Portfolio

Total Grants
400
Total Giving
$37.0M
Recipients
268
Years Active
2019 - 2023
Avg grant: $89,789 Median: $67,582

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202363$6.6M $105K355
202261$4.3M $70K650
202160$4.1M $69K847
2020112$9.7M $87K843
2019104$12.3M $118K480

Sectors Funded

Human Services
116
Religion-Related
45
Food, Agriculture & Nutrition
21
Health Care
7
International & Foreign Affairs
7
Community Improvement
6

Grantee Size Profile

$1M - $5M
92
$5M - $10M
53
$10M - $50M
46
$100K - $500K
23
$500K - $1M
20
Over $50M
7

Top Grantees

Page 1 of 3
- 7 grants
$4.3M
- 7 grants
$2.2M
WEST AFRICAN COMMUNITY SERVICES
- 7 grants
$1.4M
INCARNATION FOOD SHELF
- 4 grants
$924K

Grants Awarded · 334 grants

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Financials

Total Revenue
$20,916,395
Total Expenses
$19,708,129
Net Assets
$8,991,450
65 employees 2,288 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
5.5 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 11.9%
Expenses ↑ 9.7%
Revenue Sources
Contributions 77.2% Earned revenue 21.7% Investment 0.6% Other 1.0%
Expense Breakdown
Program 90.6% Management 5.1% Fundraising 4.3%

Officers & Trustees (15)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Oct 1, 2023 to Sep 30, 2024
$20,916,395 $19,708,129$8,991,450
2022 Form 990
Oct 1, 2022 to Sep 30, 2023
$18,690,707 $17,960,047$5,925,012
2021 Form 990
Oct 1, 2021 to Sep 30, 2022
$14,957,380 $14,955,938$5,194,352
2020 Form 990
Oct 1, 2020 to Sep 30, 2021
$17,978,828 $17,562,192$5,204,287
2020 Form 990
Oct 1, 2020 to Sep 30, 2021
$17,978,828 $17,562,192$5,204,287
2019 Form 990
Oct 1, 2019 to Sep 30, 2020
$18,625,411 $18,153,515$4,765,803
2019 Form 990
Oct 1, 2019 to Sep 30, 2020
$18,625,411 $18,153,515$4,765,803
2017 Form 990
Oct 1, 2017 to Sep 30, 2018
$10,569,131 $10,637,003$3,621,433

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EIN: 41-1246504 · Source: IRS Form 990 e-file data