MINNESOTA INSURANCE AND FINANCIAL SERVICES COUNCIL (EIN 261389716) - 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

2008

Legal Domicile

Principal Officer

ROBYN ROWEN

Phone

6513086853

Tax Period

2023-01-01 to 2023-12-31

MINNESOTA INSURANCE AND FINANCIAL SERVICES COUNCIL, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $523K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $495K left a modest 5% surplus.

Mission

ADVOCATE FOR MINNESOTA LIFE, LONG-TERM CARE, ANNUITIES AND FINANCIAL SERVICES PROVIDERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $522,009

Investment Income $895

Other Revenue $0

TOTAL REVENUE $522,904

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $397,979

Other Expenses $494,999

TOTAL EXPENSES $494,999

Year-over-Year Comparison

	2023	2022	Change
Revenue	$522,904	$423,544	+0.2%
Expenses	$494,999	$446,177	+0.1%
Net Income	$27,905	$-22,633	-2.2%

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
ALYSSA SCHLANDER - SECURIAN	MEMBER	1.00	Director	$0	$0	$0
SHARON BROSNAN - THRIVENT	MEMBER	1.00	Director	$0	$0	$0
ELIZABETH BYRNE - VOYA	MEMBER	1.00	Director	$0	$0	$0
MICHAEL AHLES - CATHOLIC UNIT	MEMBER	1.00	Director	$0	$0	$0
HOLLAN ANGELA - ALLIANZ	MEMBER	1.00	Director	$0	$0	$0
GARY HENNING - METLIFE	MEMBER	1.00	Director	$0	$0	$0
DAN DEVINE - RETIRED	TREASURER	1.00	Officer Director	$0	$0	$0
ERICA OBERG - SONS OF NORWAY	MEMBER	1.00	Director	$0	$0	$0
BRIAN PIETSCH - AMERIPRISE FINANCIA	CHAIR PRESIDENT	1.00	Officer Director	$0	$0	$0
SKIP BRAZIEL - PRUDENTIAL	MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$522,904	$494,999	$758,361	$27,905
2022	$423,544	$446,177	$746,213	$-22,633
2021	$453,545	$421,621	$766,809	$31,924
2020	$437,633	$416,477	$732,098	$21,156
2019	$447,040	$471,214	$720,872	$-24,174
2018	$562,825	$455,679	$682,886	$107,146

MINNESOTA INSURANCE AND FINANCIAL SERVICES COUNCIL