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Banyan Community

Banyan Community is a Christian Community Development organization that is rooted in the Phillips neighborhood to transform lives by developing youth, strengthening families, and creating community.

Mission Statement
2529 13th Avenue S
Minneapolis, MN 55404
Minneapolis, MN 55404
Other Names Used The Banyan Foundation dba The Banyan Community
EIN 41-1922813
Principal Staff Joani Essenburg
Number of Full-Time Equivalents (FTE) 15
Number of Volunteers 100
Number of Clients Served 225
Tags / Keywords Banyan, youth development, community development, block club, after school, neighborhood
General Information
Board Chair Brian Provost
Number of Board Members 12
Board meetings with quorum 9
Average Member Attendance at Board Meetings 8.55555555555556
Board
Major Programs
Youth Development$515,178
Family Strengthening$44,476
Creating Community$82,990
Accomplishments
Banyan's impact provides stable and successful youth, strengthened families by connecting them to resources and helping them to avert crisis and navigate change; and connected neighbors so they can build a strong community.
Current Goals
Banyan Community’s mission is as follows: Banyan Community is a Christian Community Development Organization that is rooted in the Phillips Neighborhood to transform lives by developing youth, strengthening families, and creating community. The overall goals of Banyan are to: Provide opportunities for youth to develop leadership skills, engage in positive relationships with peers and adults, and have new experiences; Provide academic support and accountability so that youth can succeed in school and college; Create an environment of support around youth, through the encouragement and investment of the adults in the community;
Community or Constituency Served
Low income, at risk youth grades Kindergarten to college, families and community members living in the Phillips Neighborhood
Geographic Area Served
Phillips Neighborhood of South Minneapolis
Impact and Programs

3 Year Average Expenses

Program Services: $2,195,951 88.6%
Management: $99,947 4%
Fundraising: $183,906 7.4%

Unrestricted Net Assets

2015 2014 2013
End of Year: $2,087,655 $728,977 $660,879
Beginning of Year $728,977 $660,879 $353,412
Difference $1,358,678 $68,098 $307,467
Unrestricted Net Assets (End of Year), Current 990 $2,087,655
Based on information provided on 2013 to 2015
Financials
From the Council Banyan Community entered into a capital project and executed a complicated finance deal (new market tax credit) to pay for the project in full. In order to accomplish this, they established another complimentary nonprofit: Banyan Investment Corporation. The financials provided are the consolidated 2015 990 entries for Banyan Foundation and Banyan Investment Corporation. The 2015 consolidated numbers skew the balanced reserves and three-year average because the balance of the capital expenditures will be paid out in 2016.
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