Charity Search / GREATER MANKATO GROWTH INC FOUNDATION
Community Improvement (S30) 990 on File

GREATER MANKATO GROWTH INC FOUNDATION

EIN: 47-2790832 · MANKATO, MN 56001-7734 · United States · FY 2024 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 50/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$72K
Total Revenue
$72K
Total Expenses
$98K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.5%
Fundraising Efficiency N/A
Operating Reserve 16.35x
Liability-to-Asset 87.0%
Revenue Diversification 65.5%
Compared with Peers
FY 2024
Compared with 4,020 similar organizations (United States, Community Improvement, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.5% 81.6%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
1.5% 10.6%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
16.4 mo 23.9 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
87.0% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
65.5% 98.4%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
2.0% -1.8%
P10P90
Expense growth
Year over year expense growth
-10.6% -1.6%
P10P90
Surplus margin
Surplus as a share of revenue
0.0% 11.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $72K $72K $98K 98.5% 0
2023 $70K $80K $104K 99.1% 0
2022 $95K $124K $107K 72.5% —
2021 $52K $47K N/A — 1
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Organization Details
EIN
47-2790832
State
MN
City
MANKATO
ZIP
56001-7734
Classification
S30
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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