Charity profile · Historical source record

Southern Minnesota Initiative Foundation

EIN 36-3454285Community Development Minnesota Mid-sized

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

The mission

What this organization describes

Investments that break new ground

Since 1986, Southern Minnesota Initiative Foundation has been a catalyst for economic growth in 20 Minnesota counties. We work to build a prosperous region with vibrant communities, innovative businesses and a skilled and valued workforce. To accomplish this, we invest in emerging businesses and the emerging workforce. We help businesses, local governments and nonprofit organizations find common ground, pool resources and achieve more. Since establishment, the Foundation has advanced economic development in the 20-county region with total investments of more than $38 million. In 2007, donors contributed to regional endowment funds valued at close to $27 million.

Mission and tagline reproduced from the source record.

Historical scorecard

Three perspectives. One record.

92.20Overall score
out of 100

99.34Financial 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$7,938,479

Total expenses · USD$4,891,201

Program expenses

$4,045,023.23 recorded amount

82.7%

Fundraising expenses

$176,083.24 recorded amount

3.6%

Administrative expenses

$660,312.14 recorded amount

13.5%

Fundraising efficiency: $0.03 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: Timothy Penny
Recorded compensation: $160,728.00
Recorded compensation percentage: 3.28%

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 Southern Minnesota Initiative Foundation
Source field	Original source value
`ascore` Accountability & transparency score	89.0
`category` Category	Community Development
`description` Mission & description	Since 1986, Southern Minnesota Initiative Foundation has been a catalyst for economic growth in 20 Minnesota counties. We work to build a prosperous region with vibrant communities, innovative businesses and a skilled and valued workforce. To accomplish this, we invest in emerging businesses and the emerging workforce. We help businesses, local governments and nonprofit organizations find common ground, pool resources and achieve more. Since establishment, the Foundation has advanced economic development in the 20-county region with total investments of more than $38 million. In 2007, donors contributed to regional endowment funds valued at close to $27 million.
`ein` EIN	36-3454285
`tot_exp` Total expenses	4891201.0
`admin_exp_p` Administrative expense fraction	0.135
`fund_eff` Fundraising efficiency ($ per $1 raised)	0.03
`fund_exp_p` Fundraising expense fraction	0.036000000000000004
`program_exp_p` Program expense fraction	0.8270000000000001
`fscore` Financial score	99.34
`leader` Recorded leader	Timothy Penny
`leader_comp` Recorded leader compensation	160728.0
`leader_comp_p` Recorded leader compensation fraction	0.032799999999999996
`motto` Tagline	Investments that break new ground
`name` Charity name	Southern Minnesota Initiative Foundation
`tot_rev` Total revenue	7938479.0
`score` Overall score	92.2
`state` State code	MN
`subcategory` Subcategory	Housing and Neighborhood Development
`size` Source size label	mid
`program_exp` Program expenses	4045023.2270000004
`fund_exp` Fundraising expenses	176083.23600000003
`admin_exp` Administrative expenses	660312.135

Identity & classification

At a glance

EIN: 36-3454285
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.