Charity profile · Historical source record

MEDA

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

The mission

What this organization describes

Helping entrepreneurs of color succeed
MEDA (Metropolitan Economic Development Association) was created in 1971 by a group of Twin Cities business leaders to address the issues of rapidly rising poverty, crime and unemployment in a new and improved way. MEDA provides assistance to businesses owned and managed by ethnic minorities. Unique among economic development organizations, MEDA's services are directed toward new and existing businesses whose owners are committed to making an impact through: job creation; their firms' growth and profitability; and community involvement.

Mission and tagline reproduced from the source record.

Historical scorecard

Three perspectives. One record.

88.55Overall score
out of 100
84.32Financial score
out of 100
96.00Accountability & 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$5,982,625
Total expenses · USD$5,829,336

Program expenses

$4,307,879.30 recorded amount
73.9%

Fundraising expenses

$641,226.96 recorded amount
11.0%

Administrative expenses

$874,400.40 recorded amount
15.0%
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
Gary L. Cunningham
Recorded compensation
$276,855.00
Recorded compensation percentage
4.74%

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 MEDA
Source fieldOriginal source value
ascore
Accountability & transparency score
96.0
category
Category
Community Development
description
Mission & description
MEDA (Metropolitan Economic Development Association) was created in 1971 by a group of Twin Cities business leaders to address the issues of rapidly rising poverty, crime and unemployment in a new and improved way. MEDA provides assistance to businesses owned and managed by ethnic minorities. Unique among economic development organizations, MEDA's services are directed toward new and existing businesses whose owners are committed to making an impact through: job creation; their firms' growth and profitability; and community involvement.
ein
EIN
41-0977257
tot_exp
Total expenses
5829336.0
admin_exp_p
Administrative expense fraction
0.15
fund_eff
Fundraising efficiency ($ per $1 raised)
0.09
fund_exp_p
Fundraising expense fraction
0.11
program_exp_p
Program expense fraction
0.7390000000000001
fscore
Financial score
84.32
leader
Recorded leader
Gary L. Cunningham
leader_comp
Recorded leader compensation
276855.0
leader_comp_p
Recorded leader compensation fraction
0.047400000000000005
motto
Tagline
Helping entrepreneurs of color succeed
name
Charity name
MEDA
tot_rev
Total revenue
5982625.0
score
Overall score
88.55
state
State code
MN
subcategory
Subcategory
Housing and Neighborhood Development
size
Source size label
mid
program_exp
Program expenses
4307879.3040000005
fund_exp
Fundraising expenses
641226.96
admin_exp
Administrative expenses
874400.4

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.