NORTH DAKOTA SOCIETY OF ACCOUNTANTS (EIN 237245159) - 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

1960

Legal Domicile

Principal Officer

MICHELLE SCHOCK

Phone

7012556502

Tax Period

2024-07-01 to 2025-06-30

NORTH DAKOTA SOCIETY OF ACCOUNTANTS, founded in 1960, is a micro nonprofit that reported $67K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $159K exceeded revenue, resulting in a 137% operating deficit.

Mission

PROVIDE EDUCATIONAL TAX SEMINARS FOR ACCOUNTANTS, EA, LAWYERS, TAX PRACTIONERS, REGISTERED TAX RETURN PREPARERS, AND FEDERAL TAX REFRESHER PREPARERS.

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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 $3,460

Program Service Revenue $60,690

Investment Income $2,415

Other Revenue $750

TOTAL REVENUE $67,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $158,143

Other Expenses $159,307

TOTAL EXPENSES $159,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$67,315	$94,051	-0.3%
Expenses	$159,307	$104,660	+0.5%
Net Income	$-91,992	$-10,609	+7.7%

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

$20,640

Total Directors

$25,484

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE SCHOCK	EXECUTIVE DIRECTOR	10.00	Officer Director	$14,536	$0	$14,536
VELMA BJORGUM	SECRETARY TREASURER	2.00	Officer Director	$2,520	$0	$2,520
KELLY JASKOWIAK	PRESIDENT ELECT	1.00	Director	$2,044	$0	$2,044
MARSHA WILLIAMS	VICE PRESIDENT	1.00	Officer Director	$1,834	$0	$1,834
BARRY MILLER	PRESIDENT	2.00	Officer Director	$1,750	$0	$1,750
NAN JACOBSON	WEST DISTRICT	1.00	Director	$1,400	$0	$1,400
KRYSTA EROVICK	EAST DISTRICT	1.00	Director	$1,050	$0	$1,050
DONALD KASPARI	PAST PRESIDENT	1.00	Director	$350	$0	$350

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
2025	$67,315	$159,307	No data	$-91,992
2024	$94,051	$104,660	$92,977	$-10,609
2023	$116,178	$118,906	$103,586	$-2,728
2022	$97,910	$115,545	$105,206	$-17,635
2021	$71,690	$78,581	$112,662	$-6,891
2020	$108,212	$104,044	$119,553	$4,168
2019	$148,205	$130,189	$115,385	$18,016

NORTH DAKOTA SOCIETY OF ACCOUNTANTS