Nonprofit · EIN 82-4027046
CONSTELLATION FUND
Tax-exempt · MINNEAPOLIS, MN 55401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,272,116 | $7,558,621 | $713,495 | $8,060,983 | $35,556 | $8,025,427 |
| June 30, 2024 | 990 | $5,204,924 | $6,507,390 | -$1,302,466 | $7,351,191 | $39,259 | $7,311,932 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,015,590
- Program service revenue
- $0
- Investment income
- $197,663
- Net gain from sales of assets
- $4,725
- Net income from fundraising events
- $58,863
- Other revenue
- $58,863
Expenses
- Grants and similar amounts paid
- $3,507,086
- Compensation of officers, directors and key employees
- $507,911
- Other salaries and wages
- $1,313,194
- Salaries, compensation and benefits (total)
- $2,076,707
- Professional fundraising fees
- $0
- Legal fees
- $18,480
- Accounting fees
- $70,701
- Occupancy
- $72,873
- Travel
- $25,909
- Program services (functional)
- $6,434,940
- Management and general (functional)
- $632,832
- Fundraising (functional)
- $490,849
Balance sheet and other
- Total assets, start of year
- $7,351,191
- Total assets, end of year
- $8,060,983
- Total liabilities, end of year
- $35,556
- Net assets, end of year
- $8,025,427
- Publicly traded securities
- $14
- Net assets without donor restrictions
- $1,137,753
- Net assets with donor restrictions
- $6,887,674
- Gross receipts
- $8,966,722
- Employees
- 17
- Volunteers
- 49
- Year formed
- 2018
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Matthew Morton | Executive Director Officer | 40 | $248,173 | $11,241 |
| Saanii Hernandez | President Officer | 40 | $178,031 | $20,854 |
| Chris Wentzlaff | VP of Advancement Highest-paid employee | 40 | $168,682 | $9,702 |
| Jose Diaz PhD | Chief Economist Highest-paid employee | 40 | $133,475 | $4,894 |
| Danyale Green | Beyond Dollars Program Director Highest-paid employee | 40 | $108,954 | $9,127 |
| Andrew Dayton | CEO/Treasurer/Secretary Trustee or director, Officer | 40 | $0 | $0 |
| Tim Welsh | Board Chairperson Trustee or director, Officer | 0.5 | $0 | $0 |
| Eric Dayton | Board Member Trustee or director | 0.5 | $0 | $0 |
| Wendy Nelson | Board Member Trustee or director | 0.5 | $0 | $0 |
| Marcia Page | Board Member Trustee or director | 0.5 | $0 | $0 |
| Lynne Redleaf | Board Member Trustee or director | 0.5 | $0 | $0 |
| Susan Bass Roberts | Board Member Trustee or director | 0.5 | $0 | $0 |
| Pahoua Yang Hoffman | Board Member Trustee or director | 0.5 | $0 | $0 |
| John O'Neil | Board Member Trustee or director | 0.5 | $0 | $0 |
| Doug Baker | Board Member Trustee or director | 0.5 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Fayneese Miller | Board Member Trustee or director | 0.5 | $0 |
| Katie Clark Sieben | Board Member Trustee or director | 0.5 | $0 |
| Tim Connelly | Board Member Trustee or director | 0.5 | $0 |
| Susan Corridoni | Board Member Trustee or director | 0.5 | $0 |
| Kathleen MacLennan | Board Member Trustee or director | 0.5 | $0 |
| Renay Dossman | Board Member Trustee or director | 0.5 | $0 |
| Sofia Terzic | Board Member Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Matthew Morton | Executive Director Officer | 40 | $249,500 | $4,494 |
| Saanii Hernandez | Chief Operating Officer Officer | 40 | $169,217 | $19,600 |
| Jose Diaz PhD | Chief Economist Highest-paid employee | 40 | $127,606 | $4,411 |
| Sandy Carr | Chief Impact Officer Highest-paid employee | 40 | $117,942 | $4,700 |
| Chris Wentzlaff | VP of Advancement Highest-paid employee | 40 | $108,489 | $1,590 |
| Andrew Dayton | CEO/Treasurer/Secretary Trustee or director, Officer | 40 | $0 | $0 |
| Tim Welsh | Board Chairperson Trustee or director, Officer | 0.5 | $0 | $0 |
| Eric Dayton | Board Member Trustee or director | 0.5 | $0 | $0 |
| Wendy Nelson | Board Member Trustee or director | 0.5 | $0 | $0 |
| Marcia Page | Board Member Trustee or director | 0.5 | $0 | $0 |
| Lynne Redleaf | Board Member Trustee or director | 0.5 | $0 | $0 |
| Susan Bass Roberts | Board Member Trustee or director | 0.5 | $0 | $0 |
| Pahoua Yang Hoffman | Board Member Trustee or director | 0.5 | $0 | $0 |
| John O'Neil | Board Member Trustee or director | 0.5 | $0 | $0 |
| Doug Baker | Board Member Trustee or director | 0.5 | $0 | $0 |
| Dr Fayneese Miller | Board Member Trustee or director | 0.5 | $0 | $0 |
| Katie Clark Seiben | Board Member Trustee or director | 0.5 | $0 | $0 |
| Susan Corridoni | Board Member Trustee or director | 0.5 | $0 | $0 |
| Kathleen MacLennan | Board Member Trustee or director | 0.5 | $0 | $0 |
| Renay Dossman | Board Member Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 323 NORTH WASHINGTON AVENUE SUITE 2, MINNEAPOLIS, MN 55401-2427
- Principal officer (990 for 2024)
- Andrew Dayton, 323 N Washington Ave Ste 200, Minneapolis, MN 55401
- Signed the 990
- Andrew Dayton, CEO
- Phone
- (612) 263-1737
- Website
- www.constellationfund.org
- Return prepared by
- Abdo LLP
Mission
Fight poverty in the Twin Cities by raising the living standards of individuals living below the poverty line in our seven-county metropolitan area.
Program accomplishments
- The Constellation Fund is built to harness the incisive power of modern analytics alongside on-the-ground insights to allocate precious philanthropic resources to the people and partners creating the most impact in the fight against poverty in the Twin Cities. We use quantitative metrics alongside qualitative analysis to select our grantee partners. Our metrics are built using the best available evidence to develop metrics that allow Constellation to reliably project the long-term quality-of-life impact of poverty-fighting services resulting in a benefit-cost ratio used to help objectively build a portfolio of the most impactful organizations across a broad spectrum of programs and interventions. In fiscal year 2025, this approach led Constellation to invest over $3.5 million into 26 poverty-fighting organizations working across four impact areas - education, employment, health, and housing. Constellation's evidence-driven analysis projects that these organizations will turn every dollar of that investment into an average of $8.02 of lifetime health and income improvements for individuals and families experiencing poverty in our community. The average projected impact of the organizations receiving Constellation funding last year was nearly four times greater than the average of $2.18-to-1 for all other organizations that we evaluated in FY2025.The Constellation Fund continues to expand the reach of our signature capacity building program, Beyond Dollars. Beyond Dollars creates best-in-class pro bono experiences through curated teams of volunteer employees from Fortune 500 corporations to mid-sized companies, who deliver unparalleled capacity-building services to our impactful partners.CoLab (Constellation Lab) aims to bolster upward mobility and thriving communities by funding and supporting actionable, longitudinal research on programs, practices, and their effects. Better data will support evidence-informed funding and community efforts to strengthen and scale solutions for children, youth, and families.Expenses $6,434,940 · grants $3,507,086
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-4027046
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $8,060,983
- Income (IRS master file)
- $8,966,722
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,272,116 | $7,558,621 | $8,060,983 | XML |
| 990 | June 2024 | $5,204,924 | $6,507,390 | $7,351,191 | XML |
| 990 | June 2023 | $6,538,143 | $5,318,413 | $9,015,015 | IRS |
| 990 | June 2022 | $5,161,859 | $5,946,951 | $8,581,079 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-4027046).
Questions about CONSTELLATION FUND
- What is the EIN of CONSTELLATION FUND?
- The employer identification number (EIN) of CONSTELLATION FUND is 82-4027046.
- Is CONSTELLATION FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to CONSTELLATION FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CONSTELLATION FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CONSTELLATION FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CONSTELLATION FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CONSTELLATION FUND?
- The 990 for the year ended June 30, 2025 names Andrew Dayton.
- Who are the officers and directors of CONSTELLATION FUND?
- The 990 for the year ended June 30, 2025 lists 22 people; 5 received compensation from the organization, the highest $248,173 (Matthew Morton, Executive Director).
- How much revenue does CONSTELLATION FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,272,116, expenses of $7,558,621 and total assets of $8,060,983 at year end.
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