Civic Intelligence

Minnesota Business Partnership Education Foundation

EIN 20-8876254 • 501(c)3 • Minneapolis, MN

Profile

To maintain a high quality of life for all minnesotans by ensuring that the state's economy remains strong, globally competitive, and its prospects for growth bright by supporting education initiatives.

80 S Eighth Street 4150Minneapolis, MN 55402-2100

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

7th percentile

-159%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

22nd percentile

-42%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-71%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$66,046

Down $47,580 (-42%) from 2023

Liabilities

Up

$25

Up $25 from 2023

Net Assets

Down

$66,021

Down $47,605 (-42%) from 2023

Operations
Liabilities / Revenue63rd percentileNet Margin7th percentile

Revenue

Down

$30,000

Down $74,000 (-71%) from 2023

Expenses

Down

$77,605

Down $24,258 (-24%) from 2023

Net Income

Down

-$47,605

Down $49,742 (-2328%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2010: $51,625Liabilities 2010: $0Net Assets 2010: $51,6252010Assets 2011: $151,317Liabilities 2011: $100,308Net Assets 2011: $51,0092011Assets 2012: $167,178Liabilities 2012: $0Net Assets 2012: $167,1782012Assets 2013: $275,227Liabilities 2013: $5,000Net Assets 2013: $270,2272013Assets 2014: $229,407Liabilities 2014: $0Net Assets 2014: $229,4072014Assets 2015: $91,833Liabilities 2015: $0Net Assets 2015: $91,8332015Assets 2016: $118,128Liabilities 2016: $5,000Net Assets 2016: $113,1282016Assets 2017: $84,069Liabilities 2017: $1,500Net Assets 2017: $82,5692017Assets 2018: $127,395Liabilities 2018: $0Net Assets 2018: $127,3952018Assets 2019: $120,846Liabilities 2019: $0Net Assets 2019: $120,8462019Assets 2020: $134,229Liabilities 2020: $945Net Assets 2020: $133,2842020Assets 2021: $105,618Liabilities 2021: $0Net Assets 2021: $105,6182021Assets 2022: $111,489Liabilities 2022: $0Net Assets 2022: $111,4892022Assets 2023: $113,626Liabilities 2023: $0Net Assets 2023: $113,6262023Assets 2024: $66,046Liabilities 2024: $25Net Assets 2024: $66,0212024

Highlighted filing

2024

Assets$66,046
Liabilities$25
Net Assets$66,021
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2010: $120,000Expenses 2010: $119,010Net Income 2010: $9902010Revenue 2011: $115,900Expenses 2011: $116,516Net Income 2011: -$6162011Expenses 2012: $123,8312012Expenses 2013: $127,4512013Revenue 2014: $95,000Expenses 2014: $135,820Net Income 2014: -$40,8202014Revenue 2015: $25,000Expenses 2015: $162,574Net Income 2015: -$137,5742015Revenue 2016: $48,000Expenses 2016: $92,687Net Income 2016: -$44,6872016Revenue 2017: $52,500Expenses 2017: $83,059Net Income 2017: -$30,5592017Revenue 2018: $113,564Expenses 2018: $68,738Net Income 2018: $44,8262018Revenue 2019: $98,100Expenses 2019: $104,649Net Income 2019: -$6,5492019Revenue 2020: $15,000Expenses 2020: $2,562Net Income 2020: $12,4382020Revenue 2021: $25,000Expenses 2021: $52,666Net Income 2021: -$27,6662021Revenue 2022: $106,000Expenses 2022: $100,129Net Income 2022: $5,8712022Revenue 2023: $104,000Expenses 2023: $101,863Net Income 2023: $2,1372023Revenue 2024: $30,000Expenses 2024: $77,605Net Income 2024: -$47,6052024

Highlighted filing

2024

Revenue$30,000
Expenses$77,605
Net Income-$47,605
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$66,046
Liabilities
$25
Net assets
$66,021
Revenue
$30,000
Expenses
$77,605
Net income
-$47,605
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.30$0.78$0.48
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$1.04$1.02$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$1.06$1.00$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.25$0.53$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.34$0.01$1.33$0.15$0.03$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.98$1.05$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$1.14$0.69$0.45
2017Detailed filing. Detailed filing data is available for this year.$0.84$0.02$0.83$0.53$0.83$0.31
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.05$1.13$0.48$0.93$0.45
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.25$1.63$1.38
2014Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$0.95$1.36$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$0.05$2.70$1.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.00$1.67$1.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$1.00$0.51$1.16$1.17$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.52$1.20$1.19$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 27, 2025
Return Version
2024v5.2
Gross Receipts
$30,000
Mission and Program Overview

Mission

To maintain a high quality of life for all minnesotans by ensuring that the state's economy remains strong, globally competitive, and its prospects for growth bright by supporting education initiatives.

Program Services

DescriptionGrantsExpenses
MINNESOTA'S FUTURE AWARD: MONETARY AWARDS TO A SCHOOL WITH A STUDENT POPULATION WITH A HIGH RATE OF ETHNIC DIVERSITY AND/OR LOW INCOME AND HIGH ACHIEVEMENT RATES BASED ON STATEWIDE TEST SCORES.$0$75,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KURT ZELLERSPresident-$0--
KATIE NADEAUCOO-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Business Partnership
EIN
20-8876254
Phone
6123700840
Address
80 S EIGHTH STREET 4150, MINNEAPOLIS, MN 55402-2100

Signing Officer

Name
Kurt Zellers
Title
Chief Executive Officer
Phone
6123700840
Signed
2025-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Deirdre Hodgson
Phone
6123764500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: filing fees. Amount: 25. Description: program expenditures. Amount: 75,000. Total to form 990-ez, line 16: 75,025.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: pledge receivable. Beg. Of year amount: 2,000. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: account payable. Beg. Of year amount: 0. End of year amount: 25.”

Raw XML Appendix143 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/ReturnTs02025-11-04T17:33:46-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits