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AccountAbility Minnesota

AccountAbility Minnesota is dedicated to providing high-quality tax preparation and related financial services to individuals and families of limited means by leveraging volunteer resources and advising and assisting others to provide similar services in their communities.

Mission Statement
Review Completed: 1/20/2011
2610 University Ave W, Ste 450
St Paul, MN 55114
Phone: 651-287-0187
Fax: 651-287-0190
Other Names Used formerly known as Minnesota Accounting Aid Society
EIN 23-7131829
Principal Staff Tracy Fischman, Executive Director
Number of Full-Time Equivalents (FTE) 12
Number of Volunteers 550
Number of Clients Served 11,500
General Information
Board Chair Jodi Sandfort
Number of Board Members 13
Board meetings with quorum 6
Average Member Attendance at Board Meetings 10
Publicly Available Documents Most Recent 990
Most Recent Audit
Board
Accomplishments
For nearly 40 years, AccountAbility Minnesota (AAM) has provided free tax and financial services to low- and moderate-income individuals, families and sole proprietors in the Twin Cities and across Greater Minnesota. AAM's Taxpayer Services programs were established with the belief that an individual’s access to tax assistance and, by extension, important financial supports applied for through a tax return, should not depend solely on his or her ability to pay for such services. From the start, AAM delivered free, high quality tax preparation services to individuals and families without the means to get skilled assistance at tax time. AAM has greatly expanded its scope of work, and now AAM works in three areas: • AAM provides free tax assistance for working families so they can access their refunds, • AAM links working families to important financial services and products, and • AAM helps volunteer-based tax sites across Minnesota by providing training and technical assistance. AAM services reach deeply into the community. In the Twin Cities, AAM prepares over 23,700 tax returns each year. Too many of these more than 11,500+ working individuals and families often lack access to mainstream financial institutions. To meet their needs, AAM has designed a spectrum of financial services. Many of AAM’s customers experience barriers to filing accurate and timely returns due to language, educational, cultural, economic and accessibility differences. In 2011, 70% of AAM’s metro customers were from communities of color and 25% described themselves as a person with a disability.
Current Goals
AccountAbility Minnesota's goals in 2012 are to: 1) increase the capacity of its taxpayer services program to serve additional customers both in the Twin Cities metro area and throughout Greater Minnesota, including recruitment and training of 550 Twin Cities volunteers, building community tax site partnerships with 11 organizations in the Twin Cities, and providing training and technical assistance to organizations throughout the state so they can provide services in their local communities; 2) increase access to affordable financial education services and financial products for low- to moderate-income families by offering free savings accounts and prepaid debit cards, credit counseling and financial planning, and public benefits screening; and 3) ensure that our programs offer the highest level of accuracy in tax preparation along with outstanding customer service to ensure taxpayers have a good understanding of their rights and responsibilities.
Community or Constituency Served
AccountAbility Minnesota serves low- and moderate-income families (Under $50,000 for families & under $30,000 for individuals), 70% of whom are people of color; 25% of whom self-identify as a person with a disability.
Geographic Area Served
Each year AccountAbility Minnesota provides free tax and financial services directly to 11,000 customers in the Twin Cities metro area and provides training and technical assistance to 15-20 partner organizations in Greater Minnesota who in turn serve an additional 9,000 customers.
Impact and Programs

3 Year Average Expenses

Program Services: $634,422 83.7%
Management: $72,269 9.5%
Fundraising: $51,494 6.8%

Unrestricted Net Assets

2010 2009 2008
End of Year: $119,188 $416,375 $373,293
Beginning of Year $416,375 $373,293 $184,049
Difference ($297,187) $43,082 $189,244
Unrestricted Net Assets (End of Year), Current 990 $119,188
Based on information provided on 2008 to 2010
Financials

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