Charity Impact Media

Home › Community improvement & capacity building

Serveminnesota

Minneapolis, MN · EIN 41-2010058 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

Serveminnesota reported $71.0 million in revenue and $70.7 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $97.11 went to program services, $1.74 to management and general costs and $1.15 to fundraising. Its largest source of revenue was contributions and grants: 96.5% of the total. Government grants made up 92.0%. The highest compensation it reported for one person was $192,550 (CEO). 6 people received more than $100,000 in reportable compensation. Revenue rose 116% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $71M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $71M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 479 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
97.1%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
1.7%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
1.1%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.5%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
92.0%14.9%
Program service revenue share
Part VIII 2g ÷ 12
3.4%11.9%
Highest reported compensation
Part VII-A, columns D–F
$192,550$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.27%1.49%
People paid over $100,000
Part VII, line 2
65
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.49.2
Independent voting board members
Part VI 1a–1b
25 of 25100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$34M expenses · 49.2% of program spending · grants $32M · revenue $2.4M

No description in Part III; see the filing.

$25M expenses · 36.2% of program spending · grants $25M

No description in Part III; see the filing.

$7.7M expenses · 11.2% of program spending · grants $7.3M

No description in Part III; see the filing.

$2.3M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$177,917$0$14,633$192,550
CHIEF POLICY & GROWTH OFFICER
Highest compensated employee, 40.00 hrs/week
$144,546$0$15,989$160,535
VP EXTERNAL RELATIONS
Highest compensated employee, 40.00 hrs/week
$140,012$0$17,863$157,875
VP OF FINANCE
Highest compensated employee, 40.00 hrs/week
$140,012$0$17,682$157,694
PRINCIPAL SOFTWARE
Highest compensated employee, 40.00 hrs/week
$133,412$0$16,067$149,479
CHIEF IMPACT OFFICER
Highest compensated employee, 40.00 hrs/week
$126,850$0$13,009$139,859

6 people received more than $100,000 in reportable compensation from Serveminnesota (Part VII, line 2). Compensation of current officers, directors and key employees totaled $958K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$71M$71M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$71M$71M97.1%$8.1M$192,550
FY2024 ⓘ$73M$72M97.6%$7.8M$158,660
FY2023 ⓘ$57M$57M97.2%$7.2M$212,969
FY2022 ⓘ$51M$49M97.1%$7.4M$164,831
FY2021 ⓘ$43M$42M97.0%$5.8M$158,781
FY2020 ⓘ$33M$33M96.0%$5.5M$151,818

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b25 · 25 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 557
  • Volunteers Part I, line 655

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
COHERENT SOLUTIONS INC
Data management system design & maintena
$269,976

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

12 private foundations reported grants to Serveminnesota totaling $620K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Serveminnesota's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Serveminnesota, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Minnesota

Questions people ask

How much of Serveminnesota's spending goes to programs?

In the fiscal year ending August 31, 2025, Serveminnesota reported that 97.1% of its $70.7 million in expenses went to program services, 1.7% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does Serveminnesota pay its top executive?

The largest total compensation Serveminnesota reported for one person in the fiscal year ending August 31, 2025 was $192,550, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Serveminnesota get its money?

Of $71.0 million in revenue in the fiscal year ending August 31, 2025, 96.5% came from contributions and grants (including 92.0% from government grants) and 3.4% from program service revenue (Form 990, Part VIII).

Is Serveminnesota a registered charity?

The IRS lists EIN 41-2010058 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202631949349301008 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202531119349300118 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202441569349300024 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202341919349300239 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202201329349305260 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202111669349300501 · read the filing

All filings for EIN 41-2010058: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.