Minneapolis, MN

FINANCIAL EDUCATION OF MINNESOTA

EIN 45-3838047

Community & Economic Development Small Business & Entrepreneurship

Mission

Provides free financial education seminars, workshops, and curriculum to schools, colleges, community groups, churches, and other organizations across Minnesota to improve money management, credit awareness, and debt-reduction skills.

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible

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About FINANCIAL EDUCATION OF MINNESOTA

Financial Education of Minnesota is a small, active 501(c)(3) nonprofit that delivers free financial education and counseling services across Minnesota, with particular emphasis on classroom-style workshops, community presentations, and curriculum for diverse audiences. The organization developed the "Pay, Save, Spend Rule" curriculum and a 26-page booklet that covers saving, borrowing rules, warning signs of debt, credit reports, and practical budgeting guidance; the booklet and curriculum are distributed free for use by educators and community partners. In recent years the charity has remained operational and program-focused: it shows continuous Form 990/990-EZ filings and has won state contracting awards to deliver personal finance instruction (including a 2024 state contract), demonstrating ongoing delivery of educational services to public-sector and community partners.

Notable achievements

Pay, Save, Spend curriculum

Developed an original, classroom-ready curriculum and 26-page booklet (Pay, Save, Spend Rule) used in schools and community workshops to teach saving, borrowing, budgeting, and credit basics.

State contract to deliver personal finance instruction

Awarded a Minnesota state contract in 2024 to provide personal finance educational instruction, evidencing partnership with public agencies and expansion of program delivery.

Sustained program-focused operations

Recent IRS filings report program services as the primary revenue source and show the organization maintaining positive net assets in the mid-hundreds of thousands, reflecting continued service delivery and financial stewardship for a small nonprofit.

At a glance

Total assets: $251K
Annual revenue: $66K
Tax status: 501(c)(3)Public charity
EIN: 45-3838047
Location: Minneapolis, MN
Website: financialeducationmn.org
On Mahalo since: May 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Listed in public nonprofit databases (IRS/Form 990 filings and ProPublica Nonprofit Explorer) showing tax-exempt status (IRS-recognized) and multi-year filings.

Profiled on Charity Navigator (not currently rated) indicating visibility to donors and inclusion in mainstream charity data services.

Named as a partner on Bank On Minnesota's partner list, reflecting collaboration with statewide financial-inclusion initiatives.

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