Minnesota Training Partnership Inc

Education organization based in Saint Paul, MN. 12 employees. Exempt under §501(c)(3).

MissionMINNESOTA TRAINING PARTNERSHIP, INC. WILL PROVIDE TRAINING SERVICES TO EMPLOYED AND UNEMPLOYED WORKERS IN THE STATE OF MN. THE AUDIENCE WILL INCLUDE INCUMBENT WORKERS UPGRADING THEIR SKILLS, YOUTH OUT OF HIGH SCHOOL, RE-ENTERING WORKFORCE, UNDER-SERVED COMMUNITIES OF COLOR.

Financial snapshot · TY 2024

$1.5M
Total revenue
$1.5M
Total expenses
$774K
Net assets

Financial health · TY 2024

45
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
28
5 months of expenses
Program efficiency
67
76.8% spent on programs
Revenue diversity
37
Mix of program fees, grants & contributions

Leadership compensation

Jerome Balsimo
EXECUTIVE DI
$138,751
67th percentile vs. peers

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Minnesota Training Partnership Inc Executive Compensation | 990 Data | DoubleNine