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Passes our checks

Greenseam Futures

EIN 88-2909608 · Mankato, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATION IS OPERATED FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, WITH THE MISSION TO BE THE GATEWAY FOR SOUTHERN MINNESOTA FOR RESOURCES TO EDUCATE, LAUNCH AND GROW TOMORROW'S AGRICULTURAL AND FOOD LEADERS, INNOVATORS, AND ENTREPRENEURS. GREENSEAM FUTURES' FOCUS IS TO FOSTER CREATIVE, MEANINGFUL COLLABORATION WITH THE AGRICULTURAL COMMUNITY AND EDUCATIONAL INSTITUTIONS OF SOUTHERN MINNESOTA, FOR ALL BENEFIT OF LOCAL STUDENTS AND THE COMMUNITY AT LARGE.

Income
$116,623
Spending
$10,304
Reserves
Over 10 years of spending
Largest source of income
donations and private grants, 97%

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $4,764 spent. FROM FFA TO BEGINNING FARMER LOANS, THERE ARE A PLETHORA OF RESOURCES AVAILABLE TO STUDENTS INTERESTED IN AGRIBUSINESS AND TO AGRIBUSINESSES INTERESTED IN INNOVATION. ONE OF GREENSEAM FUTURES GOALS IS TO AVOID DUPLICATING RESOURCES ALREADY AVAILABLE TO AREA STUDENTS, AG INNOVATORS AND ENTREPRENEURS, BUT ALSO TO HELP THESE INDIVIDUALS ACTUALLY FIND THE RESOURCES THAT ARE THE BEST FIT FOR THEIR NEEDS. THE GREENSEAM GATEWAY WILL LEVERAGE GREENSEAM FUTURES EXTENSIVE KNOWLEDGE OF GOVERNMENT AND NON-PROFIT PROGRAMS AND RESOURCES, AS WELL AS ITS CONNECTIONS WITH THE AGRIBUSINESS COMMUNITY, TO HELP MATCH INDIVIDUALS AND SMALL BUSINESSES WITH THE BEST RESOURCES FOR THEIR GROWTH. GREENSEAM FUTURES PLANS TO IMPLEMENT ITS WORK-BASED LEARNING SUPPORT PROGRAM AND THE GREENSEAM GATEWAY IN ITS FIRST YEAR OF OPERATIONS. AT THE SAME TIME, GREENSEAM FUTURES WILL BE WORKING CLOSELY WITH ITS EDUCATIONAL INSTITUTION PARTNERS TO DEFINE THE FIRST PUBLIC-BENEFIT RESEARCH PROJECT, IDENTIFY FACULTY AND STUDENTS TO CONDUCT THE RESEARCH, AND TO DEVISE A FRAMEWORK FOR CLASSROOM-BUSINESS PARTNERSHIPS. THE ORGANIZATIONS GOAL IS TO BE READY TO BEGIN RESEARCH PROJECTS FROM BOTH CATEGORIES IN GREENSEAM FUTURES SECOND YEAR OF OPERATIONS.
  2. $5,370 spent. WITH WATER BEING SUCH AN IMPORTANT NATURAL RESOURCE TO OUR REGION, YET THE QUALITY OF OUR LAKES SO POOR. THIS PROJECT BRINGS THE PRIVATE LAND OWNERS TOGETHER WITH FACULTY RESEARCHERS AND STUDENTS TO STUDY THE WATER QUALITY OF ONE OF OUR LOCAL LAKES TO LAY OUT SOME BEST PRACTICES THAT WOULD MAKE AN IMPACT OF CLEANER WATER.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.