MINNESOTA STROKE ASSOCIATION

EIN: 271261232 501(c)(3) Health Care

ROSEVILLE, MN

Total Revenue
$344,768
Total Expenses
$511,465
Total Assets
$612,353
Net Assets
$565,290
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MN
Phone
6123782742
Tax Period
2023-01-01 to 2023-12-31

MINNESOTA STROKE ASSOCIATION, founded in 2009, is a small nonprofit in the Health Care sector that reported $345K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $511K exceeded revenue, resulting in a 48% operating deficit.

Mission

The Mission of the Minnesota Stroke Association is to raise awareness about stroke and to enhance the quality of life for all people coping with its sudden and long term effects.

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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 $42,725
Program Service Revenue $285,195
Investment Income $2,342
Other Revenue $14,506
TOTAL REVENUE $344,768

Expense Breakdown

Grants Paid $0
Salaries & Benefits $397,724
Fundraising Expenses $53,525
Program Expenses $431,165
Other Expenses $113,741
TOTAL EXPENSES $511,465

Year-over-Year Comparison

2023 2022 Change
Revenue $344,768 $382,625 -0.1%
Expenses $511,465 $476,650 +0.1%
Net Income $-166,697 $-94,025 +0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
15

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
3
$403,381
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD CHAIR 1.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A CHIEF OPERATING OFFICER 40.0
Officer
$0 $17,244 $161,962
N/A CHIEF EXECUTIVE OFFICER 40.0
Officer
$0 $19,733 $241,419
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 $344,768 $511,465 $612,353 $-166,697
2022 $382,625 $476,650 $762,170 $-94,025
2021 $467,504 $511,257 $875,055 $-43,753
2020 $849,647 $834,228 $968,262 $15,419
2019 $884,957 $1,030,893 $937,708 $-145,936
2018 $1,296,815 $1,203,151 $1,157,131 $93,664
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