Mankato, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Minnesota River Area Agency on Aging Inc, founded in 2007, is a community nonprofit in the Human Services sector that reported $9.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.
MNRAAA helps older adults thrive in Southwest MN by enabling older adults to maintain the lifestyle of their choice. MNRAAA strives to ensure that services are available for older adults and caregivers, by providing information and assistance.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $9,149,406 | $8,378,949 | +0.1% |
| Expenses | $9,130,761 | $8,372,807 | +0.1% |
| Net Income | $18,645 | $6,142 | +2.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jason W Swanson | Executive Director | 40.00 |
Officer
|
$111,101 | $5,060 | $116,161 |
| Rosie Dehli | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Khou Lor | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Beverly Gillund | Vice-Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Pam Radunz | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Deborah Rezac | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sheila Westfield | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Stacy Hammer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kandyce Peton | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dianne Crowley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $9,149,406 | $9,130,761 | $2,789,080 | $18,645 |
| 2022 | $8,378,949 | $8,372,807 | $2,521,518 | $6,142 |
| 2021 | $7,668,556 | $7,615,908 | $2,137,697 | $52,648 |
| 2020 | $8,144,233 | $8,064,657 | $2,378,280 | $79,576 |
| 2019 | $6,442,775 | $6,363,072 | $1,666,931 | $79,703 |
| 2018 | $6,178,624 | $6,181,402 | $1,602,366 | $-2,778 |
Compare Minnesota River Area Agency on Aging Inc with other nonprofits in Minnesota and across the country.