KOOCHICHING AGING OPTIONS (EIN 264636084) - 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

2009

Principal Officer

NANCY LEE

Phone

2182837084

Tax Period

2023-01-01 to 2023-12-31

KOOCHICHING AGING OPTIONS, founded in 2009, is a small nonprofit in the Human Services sector that reported $169K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

THE MISSION OF KOOCHICHING AGING OPTIONS IS TO PROMOTE THE WELL BEING,DIGNITY AND INDEPENDENCE OF KOOCHICHING COUNTY'S AGING RESIDENTS AND TO ASSIST ALL WHO CARE FOR THEM. WE DO THIS BY PROVIDING COORDINATED SUPPORT SERVICES, REFERRAL AND EDUCATION

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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 $163,696

Program Service Revenue $3,242

Investment Income $1,821

Other Revenue $0

TOTAL REVENUE $168,759

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,651

Fundraising Expenses $0

Program Expenses $171,518

Other Expenses $20,867

TOTAL EXPENSES $171,518

Year-over-Year Comparison

	2023	2022	Change
Revenue	$168,759	$202,990	-0.2%
Expenses	$171,518	$172,599	0.0%
Net Income	$-2,759	$30,391	-1.1%

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

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

$64,074

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS SKRIEF	EXCUTIVE DIR	37.00	Officer	$64,074	$0	$64,074
NANCY LEE	CHAIR	2.00	Officer Director	$0	$0	$0
CARRIE CLAYBUNDY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
LYNDON LARSEN	TREASURER	2.00	Officer Director	$0	$0	$0
KEVIN ADEE	DIRECTOR	2.00	Director	$0	$0	$0
DR JEFF HARDWIG	DIRECTOR	2.00	Director	$0	$0	$0
APRIL KRAUSE	DIRECTOR	2.00	Director	$0	$0	$0
DEBRA POLKINGHORNE	SECRETARY	2.00	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	$168,759	$171,518	$222,047	$-2,759
2023	$168,759	$171,518	$222,047	$-2,759
2022	$202,990	$172,599	$224,744	$30,391
2021	$244,815	$149,471	$233,744	$95,344
2020	$116,090	$135,510	$223,425	$-19,420

KOOCHICHING AGING OPTIONS