LOCAL CHURCH IN MINNEAPOLIS

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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

2010

Legal Domicile

Principal Officer

Peter Gunderson

Phone

6129789780

Tax Period

2021-01-01 to 2021-12-31

LOCAL CHURCH IN MINNEAPOLIS, founded in 2010, is a small nonprofit in the Religion sector that reported $413K in total revenue in fiscal year 2021. Revenue surged 142% from the prior year, signaling strong growth momentum. Expenses of $375K left a modest 9% surplus.

Mission

Church organization that serves as an assembly of worship and outreach activities in the communities we're in.

Program Service Accomplishments

Program 1

Expenses: $134,254 Revenue: $413,332

Church organization that serves as an assembly of worship and outreach activities in the communities we're in.

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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 (2021)

Revenue Breakdown

Contributions & Grants $413,312

Program Service Revenue $0

Investment Income $20

Other Revenue $0

TOTAL REVENUE $413,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $233,750

Fundraising Expenses $0

Program Expenses $134,254

Other Expenses $141,208

TOTAL EXPENSES $374,958

Year-over-Year Comparison

	2021	2020	Change
Revenue	$413,332	$170,473	+1.4%
Expenses	$374,958	$122,327	+2.1%
Net Income	$38,374	$48,146	-0.2%

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

$1,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Peter Gunderson	President	10	Officer	$1,000	$0	$1,000
Chang-Tsan Lu	Secretary	0	Officer	$0	$0	$0
Aaron Urbina	Treasurer	0	Officer	$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
2021	$413,332	$374,958	$294,667	$38,374