MINNESOTA THUNDER ACADEMY (EIN 263017116) - 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

ROB CAVERLY

Phone

7633340210

Tax Period

2023-08-01 to 2024-07-31

MINNESOTA THUNDER ACADEMY, founded in 2008, is a community nonprofit in the Recreation & Sports sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 14% surplus.

Mission

THE MINNESOTA THUNDER ACADEMY IS A NON-PROFIT CORPORATION THAT PROMOTES THE GROWTH AND RAISING THE STANDARD OF YOUTH SOCCER IN THE STATE OF MINNESOTA AS WELL AS DEVELOPING SOCCER PLAYERS TO THE BEST OF THEIR ABILITY.

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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 $117,179

Program Service Revenue $3,183,236

Investment Income $20,605

Other Revenue $32,223

TOTAL REVENUE $3,353,243

Expense Breakdown

Grants Paid $39,745

Salaries & Benefits $1,246,322

Fundraising Expenses $11,894

Program Expenses $2,354,019

Other Expenses $1,605,967

TOTAL EXPENSES $2,892,034

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,353,243	$2,484,777	+0.3%
Expenses	$2,892,034	$2,215,526	+0.3%
Net Income	$461,209	$269,251	+0.7%

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

Volunteers

250

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

$77,300

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAUREEN BRICK	EXECUTIVE DIRECTOR	55.00	Officer	$77,300	$0	$77,300
ROB CAVERLY	PRESIDENT	3.00	Officer Director	$0	$0	$0
KURT ISHAUG	TREASURER	1.00	Officer Director	$0	$0	$0
ANDRES CABALLERO	DIRECTOR	1.00	Director	$0	$0	$0
JASON TRUCANO	DIRECTOR	1.00	Director	$0	$0	$0
JEFF WITTE	DIRECTOR	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	$3,353,243	$2,892,034	$2,895,638	$461,209
2023	$2,484,777	$2,215,526	$2,124,907	$269,251
2022	$2,099,169	$1,879,854	$1,013,542	$219,315
2021	$2,073,757	$1,515,639	$779,672	$558,118
2020	$1,574,781	$1,424,633	$406,779	$150,148
2019	$1,833,774	$1,684,153	$38,020	$149,621

MINNESOTA THUNDER ACADEMY