Charity profile · Historical source record

Initiative Foundation

EIN 36-3451562Community Development Minnesota Mid-sized

Historical collection: May 2019 · Rating details mostly from 2017. Source & context

The mission

What this organization describes

Unlocking the power of central Minnesota communities

Created in 1986, the Initiative Foundation exists for one purpose, to improve the quality of life in central Minnesota. At the core of our work is the belief that local people possess the talent, passion and ability to achieve a brighter future. Our programs and investments strive to give every person an opportunity to contribute to a shared vision and plan of action that strengthens community character and relationships. Our mission is to unlock the power of central Minnesota people to build and sustain healthy communities. The Initiative Foundation exclusively serves the 14 counties and 160 hometowns that comprise central Minnesota. Since 1986, we have invested more than $53.5 million in the region through targeted grants and business financing investments.

Mission and tagline reproduced from the source record.

Historical scorecard

Three perspectives. One record.

92.11Overall score
out of 100

98.14Financial score
out of 100

89.00Accountability & transparency
out of 100

These are the dataset’s historical numeric fields, not a current rating or a new DonorAPI.com assessment. Read the score context ↗

Financial context

Revenue, expenses, and composition

Total revenue · USD$8,640,352

Total expenses · USD$7,323,711

Program expenses

$5,749,113.13 recorded amount

78.5%

Fundraising expenses

$505,336.06 recorded amount

6.9%

Administrative expenses

$1,054,614.38 recorded amount

14.4%

Fundraising efficiency: $0.09 spent per $1 raised in donations, as defined in the source.

Expense shares are displayed as percentages. Component amounts in this collection match total expenses multiplied by the source ratios; rounding can leave a small difference from the total. The source does not supply a row-specific fiscal year. Field definitions ↗

Historical leadership record

The leadership information supplied

Recorded leader: Matt Varilek
Recorded compensation: $171,542.00
Recorded compensation percentage: 2.34%

These fields do not establish the current officeholder or current compensation. The metadata does not specify the denominator of the leader compensation percentage. Read with context ↗

Inspect all 23 original source fields

Exact source strings are retained below, including numeric precision. A blank value is marked as not reported; zero remains zero.

All 23 original fields for Initiative Foundation
Source field	Original source value
`ascore` Accountability & transparency score	89.0
`category` Category	Community Development
`description` Mission & description	Created in 1986, the Initiative Foundation exists for one purpose, to improve the quality of life in central Minnesota. At the core of our work is the belief that local people possess the talent, passion and ability to achieve a brighter future. Our programs and investments strive to give every person an opportunity to contribute to a shared vision and plan of action that strengthens community character and relationships. Our mission is to unlock the power of central Minnesota people to build and sustain healthy communities. The Initiative Foundation exclusively serves the 14 counties and 160 hometowns that comprise central Minnesota. Since 1986, we have invested more than $53.5 million in the region through targeted grants and business financing investments.
`ein` EIN	36-3451562
`tot_exp` Total expenses	7323711.0
`admin_exp_p` Administrative expense fraction	0.14400000000000002
`fund_eff` Fundraising efficiency ($ per $1 raised)	0.09
`fund_exp_p` Fundraising expense fraction	0.069
`program_exp_p` Program expense fraction	0.785
`fscore` Financial score	98.14
`leader` Recorded leader	Matt Varilek
`leader_comp` Recorded leader compensation	171542.0
`leader_comp_p` Recorded leader compensation fraction	0.023399999999999997
`motto` Tagline	Unlocking the power of central Minnesota communities
`name` Charity name	Initiative Foundation
`tot_rev` Total revenue	8640352.0
`score` Overall score	92.11
`state` State code	MN
`subcategory` Subcategory	Housing and Neighborhood Development
`size` Source size label	mid
`program_exp` Program expenses	5749113.135
`fund_exp` Fundraising expenses	505336.05900000007
`admin_exp` Administrative expenses	1054614.384

Identity & classification

At a glance

EIN: 36-3451562
Source category: Community Development
Source subcategory: Housing and Neighborhood Development
Recorded location: Minnesota (MN)
Expense-based size: Mid-sized
$3.5M–$13.5M in total expenses · source label: mid

Explore alongside

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Linked by source subcategory, prioritizing the same recorded state. Not a recommendation or ranking.

A useful next step

Keep the context.

Check current organizational information separately before making a giving decision. This record does not include an official website, donation URL, or current eligibility field.

Giving research guide ↗

Source: Charity Navigator Scores Expenses Dataset, version 1, attributed to katyjqian on Kaggle. Collection: May 2019; rating details mostly from 2017. Read attribution, scope, and reuse notes.