TPhilanthropy, Voluntarism & GrantmakingEIN: 830995816· Ruling Year: 2019

3 M Open Fund

Blaine, Minnesota

CHealth Score
43C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.23×
Peer Median11.98×
💰
$20.1M
Total Revenue
📊
$18.5M
Total Expenses
🏦
-$4.4M
Net Assets
📋
$8.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.3%
Year-over-year change (2022 → 2023)
Net Margin
+7.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.23
Net assets divided by total expenses
Liabilities-to-Assets
216.7%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$20,061,2979%$18,531,3725%$3,728,23118%
2022$18,352,79036%$17,590,53130%$3,171,07414%
2021$13,492,51644%$13,562,39242%$2,792,52347%
2020$9,346,11211%$9,531,03143%$5,296,26713%
2019$10,455,827$16,732,498$4,682,267

Frequently Asked Questions

What does 3 M Open Fund do?

3 M Open Fund is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 3 M Open Fund financially healthy?

Based on our 9-metric Financial Health Score model, 3 M Open Fund has a score of 43/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does 3 M Open Fund generate?

3 M Open Fund reports $19.4M in annual revenue and holds $6.7M in total assets, based on IRS filings.

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