MINNESOTA GIRLS ACEDEMY (EIN 204081907) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

ARON WEINBERG

Phone

5166123922

Tax Period

2022-01-01 to 2022-12-31

MINNESOTA GIRLS ACEDEMY is a small nonprofit in the Education sector that reported $598K in total revenue in fiscal year 2022. Expenses of $947K exceeded revenue, resulting in a 58% operating deficit.

Mission

MINNESOTA GIRLS ACADEMY IS LICENSED BY THE MINNESOTA DEPARTMENT OF HUMAN SERVICES WITH A CERTIFICATION IN MENTAL HEALTH TREATMENT. WE ASSIST GIRLS AGES 13 TO 17 IN OVERCOMING THE EMOTIONAL OR BEHAVIORAL STRUGGLES THAT CAN KEEP THEM FROM LIVING FULFILLING LIVES AND HAVING HEALTHY SOCIAL AND FAMILIAL RELATIONSHIPS. MGA IS FOUNDED UPON THE BELIEF THAT EVERY GIRL IS UNIQUE. BECAUSE EACH CHILD POSSESSES A DISTINCT COMPILATION OF EXPERIENCES, TALENTS, RELATIONSHIPS, AND STRUGGLES, MGA OFFERS A TREATMENT PROGRAM THAT IS CUSTOMIZED TO MEET HER SPECIAL NEEDS AND HELP HER BECOME MORE CONFIDENT, SECURE, AND HEALTHY. BY COMBINING THE BEST FEATURES OF A BOARDING SCHOOL, A TREATMENT FACILITY, AND A TRANSITION PROGRAM, WE ARE ABLE TO PROVIDE A SAFE AND NURTURING ENVIRONMENT FOR OUR STUDENTS, GIVING THEM THE SUPPORT AND TOOLS NECESSARY TO THRIVE. MGA EXISTS IN THE HEART OF THE QUAINT COMMUNITY OF BRICELYN, MINNESOTA. OUR LOCATION PROVIDES THE PERFECT BALANCE OF SAFE AND COMFORTABLE SURROUNDINGS WITH A

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $146,666

Program Service Revenue $451,397

Investment Income $21

Other Revenue $0

TOTAL REVENUE $598,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $539,679

Fundraising Expenses $0

Program Expenses $233,967

Other Expenses $407,498

TOTAL EXPENSES $947,177

Year-over-Year Comparison

	2022	2021	Change
Revenue	$598,084	N/A	N/A
Expenses	$947,177	N/A	N/A
Net Income	$-349,093	N/A	N/A

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT CORROLL	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
ARON WEINBERG	PRESIDENT	1.00	Officer Director	$0	$0	$0
AVROHOM MEIR WEINBERG	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
MEIR WEINBERG	SECRETARY/TR	1.00	Officer Director	$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
2022	$598,084	$947,177	$257,927	$-349,093
2021	$1,109,975	$1,184,380	$639,622	$-74,405
2020	$933,304	$925,416	$375,617	$7,888
2019	$820,940	$815,005	$230,876	$5,935
2018	$868,342	$811,378	$233,608	$56,964

MINNESOTA GIRLS ACEDEMY