Civic Intelligence

Mpma Education Foundation

EIN 41-1889792 • 501(c)3 • Brooklyn Park, MN

Profile

The organization's mission is to promote the education of students interested in precision manufacturing. The minnesota precision manufacturing association's education foundation was formed to address the shortage of people entering the manufacturing field by supporting students, school technical programs, and educational institutions. Two of the main initiatives include: scholarship and education funding.

7700 68th Ave N 12Brooklyn Park, MN 55428

www.mpma.com/PAGE/EDUCATIONFOUNDATION

Siviq Scores

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

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

18th percentile

-33%

Higher net margin than 18% 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

35th percentile

-15%

Faster asset growth than 35% of similar nonprofits.

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

Revenue Growth

73rd percentile

22%

Faster revenue growth than 73% of similar nonprofits.

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

Assets

Down

$103,795

Down $18,431 (-15%) from 2023

Liabilities

Up

$4,888

Up $4,888 from 2023

Net Assets

Down

$98,907

Down $23,319 (-19%) from 2023

Revenue

Up

$70,814

Up $12,916 (+22%) from 2023

Expenses

Up

$94,133

Up $72,639 (+338%) from 2023

Net Income

Down

-$23,319

Down $59,723 (-164%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $123,095Liabilities 2010: $0Net Assets 2010: $123,0952010Assets 2011: $141,554Liabilities 2011: $0Net Assets 2011: $141,5542011Assets 2012: $147,598Liabilities 2012: $02012Assets 2013: $150,590Liabilities 2013: $1,9632013Assets 2014: $159,982Liabilities 2014: $1,069Net Assets 2014: $158,9132014Assets 2015: $140,563Liabilities 2015: $02015Assets 2016: $134,470Liabilities 2016: $0Net Assets 2016: $134,4702016Assets 2017: $139,907Liabilities 2017: $0Net Assets 2017: $139,9072017Assets 2019: $102,583Liabilities 2019: $02019Assets 2020: $54,154Liabilities 2020: $0Net Assets 2020: $54,1542020Assets 2023: $122,226Liabilities 2023: $0Net Assets 2023: $122,2262023Assets 2024: $103,795Liabilities 2024: $4,888Net Assets 2024: $98,9072024

Highlighted filing

2024

Assets$103,795
Liabilities$4,888
Net Assets$98,907

Operations Trend

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

$100K$50K$0-$50KExpenses 2010: $18,3692010Expenses 2011: $21,3872011Revenue 2012: $18,566Expenses 2012: $18,212Net Income 2012: $3542012Revenue 2013: $34,356Expenses 2013: $33,327Net Income 2013: $1,0292013Revenue 2014: $45,464Expenses 2014: $35,178Net Income 2014: $10,2862014Revenue 2015: $47,741Expenses 2015: $66,091Net Income 2015: -$18,3502015Revenue 2016: $48,352Expenses 2016: $54,445Net Income 2016: -$6,0932016Revenue 2017: $49,536Expenses 2017: $44,099Net Income 2017: $5,4372017Revenue 2019: $26,844Expenses 2019: $64,168Net Income 2019: -$37,3242019Revenue 2020: $14,827Expenses 2020: $54,234Net Income 2020: -$39,4072020Revenue 2023: $57,898Expenses 2023: $21,494Net Income 2023: $36,4042023Revenue 2024: $70,814Expenses 2024: $94,133Net Income 2024: -$23,3192024

Highlighted filing

2024

Revenue$70,814
Expenses$94,133
Net Income-$23,319

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$89,254
Mission and Program Overview

Mission

The organization's mission is to promote the education of students interested in precision manufacturing. The minnesota precision manufacturing association's education foundation was formed to address the shortage of people entering the manufacturing field by supporting students, school technical programs, and educational institutions. Two of the main initiatives include: scholarship and education funding.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS - THE ORGANIZATION AWARDS SCHOLARSHIPS TYPICALLY IN THE AMOUNT RANGING FROM $500 - $2,000 TO HELP MOTIVATED STUDENTS WITH AN INTEREST IN MANUFACTURING GET THE TRAINING THEY NEED TO BECOME SUCCESSFUL IN THE FIELD. THE ORGANIZATION CONTRIBUTED TO SCHOLARSHIP FUNDS AT VARIOUS COLLEGES AND UNIVERSITIES. DURING 2024, 19 SCHOLARSHIPS TOTALING $24,750 WERE AWARDED TO INDIVIDUALS. THE FOUNDATION ALSO AWARDED $34,000 TO THE CENTENNIAL PUBLIC SCHOOLS TECHNICAL EDUCATION PROGRAM AND $3,500 TO THE ARMSTRONG HIGH SCHOOL SUPERMILEAGE CLUB.$62,250$62,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHUCK OLSONPresident-$0--
HEIDI BRAUNVice President-$0--
BARB DORUMSGAARDSecretary/Treasurer-$0--
JESSE SCHELITZCHEBoard Member-$0--
JASMINE NORDSTOMBoard Member-$0--
TOM SMOLENSKIBoard Member-$0--
ALEX WONGBoard Member-$0--
JOE SCHNEIDERBoard Member-$0--
LIZ WAUTERSBoard Member-$0--
COLLIN MCGRATHBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Shoot for Scholarships$48,480$18,440$1,756$16,684
Total Events$48,480$18,440$18,440$0
Filing and Contact Details

Filer

Filer Name
Mpma Education Foundation
EIN
41-1889792
Phone
7635283557
Address
7700 68TH AVE N 12, BROOKLYN PARK, MN 55428

Signing Officer

Name
Alex Wong
Title
President
Phone
7635283557
Signed
2025-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Sdk CPA
Address
100 WASHINGTON AVE S STE 1600, MINNEAPOLIS, MN 55401
Preparer
Teresa Mcalpine CPA
Phone
6123325500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 223.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: individual scholarships (19). Grantee name: various. Date of gift: various. Amount given: 24,750.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: general grants. Grantee name: centennial public schools technical education grantee name: centennial public schools technical education. Grantee address: 4707 north road circle pines, mn 55014. Date of gift: 01/01/24. Amount given: 34,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: general grants. Grantee name: armstrong high school supermileage club. Grantee address: 10635 36th ave n plymouth, mn 55441. Date of gift: 03/01/24. Amount given: 3,500. Total included on form 990-ez, line 10: 62,250.

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

Description: bank fees. Amount: 5,063. Description: mpma. Amount: 9,698. Description: raffle expenses. Amount: 576. Description: shoot for scholarships. Amount: 6,851. Description: supplies. Amount: 153. Description: travel. Amount: 12. Total to form 990-ez, line 16: 22,353.

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

Description: due from mpma. Beg. Of year amount: 6,725. End of year amount: 18,900.

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

Description: due to mpma. Beg. Of year amount: 0. End of year amount: 4,888.

Raw XML Appendix226 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHUCK OLSON
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IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S MISSION IS TO PROMOTE THE EDUCATION OF STUDENTS INTERESTED IN PRECISION MANUFACTURING. THE MINNESOTA PRECISION MANUFACTURING ASSOCIATION'S EDUCATION FOUNDATION WAS FORMED TO ADDRESS THE SHORTAGE OF PEOPLE ENTERING THE MANUFACTURING FIELD BY SUPPORTING STUDENTS, SCHOOL TECHNICAL PROGRAMS, AND EDUCATIONAL INSTITUTIONS. TWO OF THE MAIN INITIATIVES INCLUDE: SCHOLARSHIP AND EDUCATION FUNDING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS - THE ORGANIZATION AWARDS SCHOLARSHIPS TYPICALLY IN THE AMOUNT RANGING FROM $500 - $2,000 TO HELP MOTIVATED STUDENTS WITH AN INTEREST IN MANUFACTURING GET THE TRAINING THEY NEED TO BECOME SUCCESSFUL IN THE FIELD. THE ORGANIZATION CONTRIBUTED TO SCHOLARSHIP FUNDS AT VARIOUS COLLEGES AND UNIVERSITIES. DURING 2024, 19 SCHOLARSHIPS TOTALING $24,750 WERE AWARDED TO INDIVIDUALS. THE FOUNDATION ALSO AWARDED $34,000 TO THE CENTENNIAL PUBLIC SCHOOLS TECHNICAL EDUCATION PROGRAM AND $3,500 TO THE ARMSTRONG HIGH SCHOOL SUPERMILEAGE CLUB.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 223.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: INDIVIDUAL SCHOLARSHIPS (19). GRANTEE NAME: VARIOUS. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 24,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: GENERAL GRANTS. GRANTEE NAME: CENTENNIAL PUBLIC SCHOOLS TECHNICAL EDUCATION GRANTEE NAME: CENTENNIAL PUBLIC SCHOOLS TECHNICAL EDUCATION. GRANTEE ADDRESS: 4707 NORTH ROAD CIRCLE PINES, MN 55014. DATE OF GIFT: 01/01/24. AMOUNT GIVEN: 34,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: GENERAL GRANTS. GRANTEE NAME: ARMSTRONG HIGH SCHOOL SUPERMILEAGE CLUB. GRANTEE ADDRESS: 10635 36TH AVE N PLYMOUTH, MN 55441. DATE OF GIFT: 03/01/24. AMOUNT GIVEN: 3,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 62,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: BANK FEES. AMOUNT: 5,063. DESCRIPTION: MPMA. AMOUNT: 9,698. DESCRIPTION: RAFFLE EXPENSES. AMOUNT: 576. DESCRIPTION: SHOOT FOR SCHOLARSHIPS. AMOUNT: 6,851. DESCRIPTION: SUPPLIES. AMOUNT: 153. DESCRIPTION: TRAVEL. AMOUNT: 12. TOTAL TO FORM 990-EZ, LINE 16: 22,353.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: DUE FROM MPMA. BEG. OF YEAR AMOUNT: 6,725. END OF YEAR AMOUNT: 18,900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: DUE TO MPMA. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,888.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07635283557
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
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ReturnHeader/Filer/EIN0411889792
ReturnHeader/Filer/PhoneNum07635283557
ReturnHeader/Filer/USAddress/AddressLine1Txt07700 68TH AVE N 12
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055428
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411680240
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SDK CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 WASHINGTON AVE S STE 1600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055401
ReturnHeader/PreparerPersonGrp/PhoneNum06123325500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERESA MCALPINE CPA
ReturnHeader/ReturnTs02025-11-14T14:56:46-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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