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Nonprofiteer
← ANIKA FOUNDATION

Form 990 for tax year 2024

Filed by ANIKA FOUNDATION.

Totals

Total revenue
$587,826
Total expenses
$587,826
Contributions and grants received
$511,779
Grants paid
$0
Program service revenue
$75,796
Investment income
$251
Other revenue
$0
Total assets, end of year
$442,470
Total liabilities, end of year
$7,586
Net assets or fund balances, end of year
$434,884
Program services expenses (Part IX)
$504,096
Management and general expenses
$55,564
Fundraising expenses
$28,166
Program service expenses (Part III)
$359,386

Program services were 85.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $350,092

  • 1f · All other contributions, gifts and grants

    $161,687

  • 2f · All other program service revenue

    total $75,796 · related or exempt $75,796

  • 3 · Investment income

    total $251 · related or exempt $251

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $148,799 · program services $148,799

  • 9 · Other employee benefits

    total $9,284 · program services $9,284

  • 10 · Payroll taxes

    total $17,525 · program services $17,525

  • 11b · Fees: legal

    total $910 · program services $910

  • 11c · Fees: accounting

    total $10,079 · management and general $10,079

  • 11g · Fees: other

    total $115,662 · program services $112,318 · management and general $3,344

  • 17 · Travel

    total $16,153 · program services $16,029 · management and general $124

  • 23 · Insurance

    total $3,383 · program services $2,139 · management and general $1,244

  • 24a · Other expenses: 3220 SUBSCRIPTIONS

    total $18,495 · management and general $18,495

  • 24b · Other expenses: 3240 TELEPHONE AND INTERNET

    total $269 · management and general $269

  • 24c · Other expenses: 3250 INFORMATION TECHNOLOGY EQUIPMENT

    total $130 · management and general $130

  • 24d · Other expenses: 3260 SUPPLIES

    total $8,958 · program services $1,518 · management and general $7,440

  • 24e · All other expenses

    total $238,179 · program services $195,574 · management and general $14,439 · fundraising $28,166

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $415,777 · end of year $421,327

  • 2 · Savings and temporary cash investments

    beginning of year $11,667

  • 3 · Pledges and grants receivable

    end of year $21,143

  • 25 · Other liabilities

    end of year $7,586

  • 31 · Retained earnings, endowment or other funds

    beginning of year $427,444 · end of year $434,884

Mission and programs · 2024

Mission

Our mission is to promote health equity, civic engagement and economic empowerment. We serve as a catalyst for change, dedicated to improving the quality of life in underrepresented communities.

  • THE ANIKA FOUNDATION HAS HAD THE GREAT OPPORTUNITY OF SERVING MINNESOTANS ACROSS THE STATE THROUGH GRASSROOTS ORGANIZING WORK AROUND PROVIDING ESSENTIAL NEEDS TO COMMUNITY MEMBERS.THESE ESSENTIAL NEEDS INCLUDE HOUSING, FOOD,AND CASH.WE HAVE ORGANIZED LEADERSHIP DEVELOPMENT PROGRAMS, YOUTH INVOLVEMENT AND PROVIDED BUSINESS TECHNICAL ASSISTANCE.IN ADDITION OUR YOUTH PROGRAMS PREPARE SCHOLARS WITH COLLEGE AND CAREER READINESS, SCHOLARSHIPS,LEADERSHIP DEVELOPMENT AND MENTORSHIP

    Expenses $64,563 · Grants $93,726

  • Economic Empowerment

    Expenses $112,192 · Grants $183,314

  • Nonpartisan Civic Engagement

    Expenses $182,631 · Grants $158,000 · Revenue $21,081

As filed on the 2024 return.

Listed in Part VII

  • Prince Corbett

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Nicole Wright

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Terrence Roberts

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Anika Robbins

    PRESIDENT & CEO

    Total calculated
    $126,747
    From this org
    $126,747
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
29 April 2025
IRS schema version
2024v5.1
Source object
202521359349302832

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