EIN 20-4092394

MicroGrants

IRS 501(c) type
501(c)(3)
Num. employees
8
Year formed
2005
Most recent tax filings
2023-12-01
NTEE code, primary
Description
To spur economic self-sufficiency by giving strategic grants to low-income people of potential through partner agencies. Spur economic self-sufficiency by giving grants to low-income people of potential. Financial assistance to small businesses and low income individuals.
Total revenues
$1,910,177
2023
Total expenses
$2,259,663
2023
Total assets
$851,468
2023
Num. employees
8
2023

Program areas at MicroGrants

Lights on! : lights on! Is an award-winning program with the mission to heal police-community relationships. The program was founded in 2017 after the unnecessary death of philando castile who was shot during a traffic stop. The police rationale for the stop was a broken tail light and that spark inspired the simple, yet powerful concept for the lights on! Program - replace equipment violation tickets with vouchers for free repairs. Traffic stops are often a source of stress, both for officers and drivers. Lights on! Turns the dreaded traffic stop into a positive, restorative interaction and avoids penalizing low-income individuals for vehicle conditions.
Microgrants distributes timely Microgrants, between $1,000 - $3,000, to to low-income people of potential. These individuals are identified by Microgrants' partner agencies, a network of 50 twin cities nonprofits. Based on their long-term relationships with participants, staff at partner agencies recommend individuals who would benefit from a microgrant to reach their goals in three interrelated areas: business grants, education grants, and transportation grants. In 2023, Microgrants provided 156 transportation grants totaling over $346k, 143 business grants totaling $433k and 131 education grants of over $197k.

Who funds MicroGrants

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The James M Stanton FoundationHuman Services$400,000
WEM FoundationGeneral$350,000
The Minneapolis FoundationDonor-Recommended, Community & Economic Development$80,491
...and 30 more grants received totalling $1,448,662

Personnel at MicroGrants

NameTitleCompensation
John HarringtonChief Executive Officer$49,626
Sherman PattersonVice President - Lights on
Becca BijochDevelopment + Communications Director
Terri HunterBusiness Director
Angie ToralMicrogrants Administrator + Office Manager
...and 7 more key personnel

Financials for MicroGrants

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,908,277
Program services$0
Investment income and dividends$3,365
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-1,465
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,910,177

Form 990s for MicroGrants

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-24990View PDF
2022-122023-07-21990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-02-19990View PDF
...and 9 more Form 990s
Data update history
November 7, 2024
Updated personnel
Identified 4 new personnel
October 24, 2024
Received grants
Identified 6 new grant, including a grant for $400,000 from The James M Stanton Foundation
August 30, 2024
Updated personnel
Identified 6 new personnel
August 26, 2024
Used new vendors
Identified 1 new vendor, including
August 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsCivic / social organizationsCharities
Issues
No issues found
Characteristics
Provides grantsLobbyingFundraising eventsTax deductible donationsAccepts online donations
General information
Address
100 N Sixth St Ste 626b
Minneapolis, MN 55403
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
microgrants.net/ 
Phone
(612) 200-8174
IRS details
EIN
20-4092394
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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