RUSSIAN EDUCATIONAL CENTER OF MINNE

EIN: 113667370 501(c)(3) Arts, Culture & Humanities

FARMINGTON, MN

Total Revenue
$52,082
Total Expenses
$56,479
Total Assets
$38,720
Net Assets
$38,720
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MN
Tax Period
2023-01-01 to 2023-12-31

RUSSIAN EDUCATIONAL CENTER OF MINNE, founded in 2002, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $52K in total revenue in fiscal year 2023.

Mission

TO PROMOTE RUSSIAN CULTURAL TO YOUTH

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $52,082
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $52,082

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,479
Other Expenses $56,479
TOTAL EXPENSES $56,479

Year-over-Year Comparison

2023 2022 Change
Revenue $52,082 $53,963 0.0%
Expenses $56,479 $59,085 0.0%
Net Income $-4,397 $-5,122 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANZHELA LINN SECRETARY 10.00
Officer
$0 $0 $0
OLGA SAGALOVSKY SCHOOL DIRECTOR TREASURER 15.00
Officer
$0 $0 $0
ALEXANDRA SHASHKOVA BOARD DIRECTOR 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $52,082 $56,479 $38,720 $-4,397
2022 $53,963 $59,085 $43,117 $-5,122
2021 $41,927 $43,495 $48,239 $-1,568
2020 $42,892 $37,034 $49,807 $5,858
2019 $57,809 $49,111 $43,949 $8,698
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