THE ANIKA FOUNDATION

EIN: 263708882 501(c)(3) Human Services

Minneapolis, MN

Total Revenue
$483,946
Total Expenses
$392,992
Total Assets
$408,841
Net Assets
$408,841
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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
2009
Legal Domicile
MN
Tax Period
2023-01-01 to 2023-12-31

THE ANIKA FOUNDATION, founded in 2009, is a small nonprofit in the Human Services sector that reported $484K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 19% operating margin.

Mission

THE ANIKA FOUNDATIONS MISSION IS TO HOLLISTICALLY EMPOWER COMMUNITIES AS A CATALYST FOR THE ADVANCEMENT OF HEALTH EQUITY,INCREASED CIVIC PARTICIPATION AND ECONOMIC EMPOWERMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $424,526
Program Service Revenue $58,693
Investment Income $727
Other Revenue $0
TOTAL REVENUE $483,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,185
Fundraising Expenses $3,512
Program Expenses $320,357
Other Expenses $304,807
TOTAL EXPENSES $392,992

Year-over-Year Comparison

2023 2022 Change
Revenue $483,946 $339,077 +0.4%
Expenses $392,992 $362,853 +0.1%
Net Income $90,954 $-23,776 -4.8%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
4
Volunteers
10

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
0
$0
Total Directors
4
$67,761
Key Employees
1
$67,761
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANIKA ROBBINS EXECUTIVE DIRECTOR 60.00
Director Key Emp
$67,761 $0 $67,761
NICOLE WRIGHT TREASURER 1.00
Director
$0 $0 $0
PRINCE CORBETTE TREASURER 1.00
Director
$0 $0 $0
TERRENCE ROBERTS CHAIR 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $483,946 $392,992 $408,841 $90,954
2022 $339,077 $362,853 $249,769 $-23,776
2020 $346,761 $202,270 $265,854 $144,491
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