Tasks Unlimited Inc (EIN 237087205) - 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

Formation Year

1970

Legal Domicile

Principal Officer

Trevor Johnson

Phone

6128713320

Tax Period

2024-01-01 to 2024-12-31

Tasks Unlimited Inc, founded in 1970, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024.

Mission

To provide supported employment & housing for people recovering from mental illness.

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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 (2024)

Revenue Breakdown

Contributions & Grants $952,336

Program Service Revenue $1,130,578

Investment Income $67,538

Other Revenue $0

TOTAL REVENUE $2,150,452

Expense Breakdown

Grants Paid $1,511

Salaries & Benefits $1,609,974

Fundraising Expenses $281,470

Program Expenses $606,540

Other Expenses $585,837

TOTAL EXPENSES $2,251,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,150,452	$2,072,648	+0.0%
Expenses	$2,251,322	$2,173,800	+0.0%
Net Income	$-100,870	$-101,152	0.0%

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

Volunteers

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

$342,759

Total Directors

$44,660

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Maus	Chair (thru Mar. '24)	2.00	Officer Director	$0	$0	$0
Bryan Frandup	Director/Chair (as of Mar. '24)	2.00	Officer Director	$0	$0	$0
James Cannon	Secretary/Treasurer	2.00	Officer Director	$0	$0	$0
Greg Anderson	Director	2.00	Director	$0	$0	$0
Paula Callies	Director	2.00	Director	$0	$0	$0
Marianne Christensen	Director	2.00	Director	$0	$0	$0
Steve Erickson	Director	2.00	Director	$0	$8,919	$44,660
Madalynn Gerold	Director (as of May '24)	2.00	Director	$0	$0	$0
Kristi Haertl	Director	2.00	Director	$0	$0	$0
Greg Hestness	Director (thru Mar. '24)	2.00	Director	$0	$0	$0
Rodney Jones	Director	2.00	Director	$0	$0	$0
Patricia Langner	Director (as of Jun. '24)	2.00	Director	$0	$0	$0
Sean Nesbitt	Director (as of Sep. '24)	2.00	Director	$0	$0	$0
James Paulet	Director	2.00	Director	$0	$0	$0
J Paul Seifert	Director	2.00	Director	$0	$0	$0
Rodger Skare	Director	2.00	Director	$0	$0	$0
Kyle Van Acker	Director	2.00	Director	$0	$0	$0
Adam Wynia	Director (as of Jun. '24)	2.00	Director	$0	$0	$0
Trevor Johnson	Executive Director	32.00	Officer	$182,800	$11,470	$194,270
Heather Simon Carlson	Chief Financial Officer	32.00	Officer	$133,534	$14,955	$148,489
Elizabeth Mihalchick	Director of Behavioral Health Services	38.00	Highest	$122,275	$7,812	$130,087
Antasia Gelmete	Controller	40.00	Highest	$115,901	$7,351	$123,252
Jacqueline McMillan	HR Director	40.00	Highest	$111,091	$7,355	$118,446
Jenna Schultz	Director of Contract Services	38.00	Highest	$105,561	$6,420	$111,981
Kassia Janezich	Director of Stragetic & Operations	40.00	Highest	$134,009	$8,262	$142,271

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
2024	$2,150,452	$2,251,322	$4,382,457	$-100,870
2023	$2,072,648	$2,173,800	$3,329,708	$-101,152
2022	$2,236,153	$2,622,643	$4,124,063	$-386,490
2021	$2,730,109	$2,294,999	$4,298,979	$435,110
2020	$2,533,619	$1,986,861	$4,047,694	$546,758
2019	$1,506,966	$1,405,978	$3,371,559	$100,988
2018	$1,427,978	$1,316,666	$3,227,938	$111,312

Tasks Unlimited Inc