Small Public Charity

FINANCIAL EDUCATION OF MINNESOTA

Based in ST LOUIS PARK, MN, FINANCIAL EDUCATION OF MINNESOTA operates as a Small Public Charity. The organization reported $97K in revenue, $78K in expenses, $270K in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $25K.

EIN: 453838047 ST LOUIS PARK, MN Financial Counseling NTEE: P51 Latest filing: 2025
Total Revenue$97K
Total Expenses$78K
Total Assets$270K
Grant Records1
Funding Total$25K
Filing Years2020–2025

Mission

FINANCIAL EDUCATION OF MINNESOTA IS COMMITTED TO HELPING OUR CLIENTS BY UNDERSTANDING THEIR SITUATION & MAKING RECOMMENDATIONS THAT WILL HELP THEM ACHIEVE THEIR BUDGET & DEBT REPAYMENT GOALS. WE STRIVE TO MAINTAIN TRAINING & QUALITY SYSTEMS THAT WILL ALLOW OUR COUNSELORS & CLIENT SERVICE TEAM TO PROVIDE A POSITIVE EXPERIENCE FOR OUR CLIENTS. WE COMMIT TO CONTINUALLY IMPROVE OUR QUALITY SYSTEM. WE ALSO PROVIDE RELEVANT, PRACTICAL BUDGET/DEBT/CREDIT EDUCATION TO CHURCHES, SCHOOLS, EMPLOYERS & OTHER COMMUNITY GROUPS.

Where $100 goes at Financial Education of Minnesota

How Financial Education of Minnesota divides every $100 it spends, from its own Form 990-EZ filings, averaged across 8 years.

$77 Programs the work itself
$23 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $77 for programs

$77
BUDGETING & CREDIT COUNSELING
All program spending · Reported in the filing: 156 classes; 30 classes
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

CITIES FOR FINANCIAL EMPOWERMENT FUND INC
2024
EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION
$25,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Director Dick Fisher
Chairman Jim Rhodes
Director Joan Molenaar
VICE CHAIRMAN John Hoffman
Sec/TREASURER Rayeann Hoffman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $97K $78K $270K
2024 $66K $53K $251K
2023 $57K $51K $239K
2022 $42K $46K $233K
2020 $146K $116K $229K

Between 2020 and 2025, reported annual revenue declined from $146K to $97K (-34%), with total assets most recently reported at $270K.

Interactive year-over-year charts and full filing details available with membership.

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