ALLINA HEALTH FOUNDATION

EIN: 274116873 501(c)(3) Health Care

MINNEAPOLIS, MN

Total Revenue
$44,208,090
Total Expenses
$33,157,638
Total Assets
$251,816,935
Net Assets
$244,288,480
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MN
Principal Officer
TROY LINDLOFF
Phone
6122620660
Tax Period
2023-01-01 to 2023-12-31

ALLINA HEALTH FOUNDATION, founded in 2010, is a mid-sized nonprofit in the Health Care sector that reported $44.2M in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.1M, a strong 25% operating margin.

Mission

THE ALLINA HEALTH FOUNDATION IS DEDICATED TO RAISING PHILANTHROPIC SUPPORT TO ADVANCE THE MISSION OF ALLINA HEALTH TO SERVE OUR COMMUNITIES BY PROVIDING EXCEPTIONAL CARE, AS WE PREVENT ILLNESS, RESTORE HEALTH AND PROVIDE COMFORT TO ALL WHO ENTRUST US WITH THEIR CARE. FOUNDATION FUNDING SUPPORTS A FULL RANGE OF PRIMARY AND SPECIALTY HEALTH CARE SERVICES, INCLUDING ADVANCED INPATIENT AND OUTPATIENT CARE, 24-HOUR EMERGENCY CARE, MEDICAL TRANSPORTATION, PHARMACY, LABORATORY, HOME CARE AND HOSPICE SERVICES. BECAUSE OF ITS CHARITABLE MISSION, ALLINA HEALTH PROVIDES THESE HEALTH CARE SERVICES AS WELL AS EDUCATIONAL AND WELLNESS PROGRAMS TO COMMUNITY MEMBERS, REGARDLESS OF THEIR ABILITY TO PAY FOR THE SERVICES. ALLINA HEALTH PROVIDES COMMUNITY CONTRIBUTIONS SUCH AS IN-KIND DONATIONS, FREE AND REDUCED-COST MEDICAL CARE AND SERVICES, AND FUNDING FOR PUBLIC HEALTH PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $27,525,278
Program Service Revenue $0
Investment Income $16,682,812
Other Revenue $0
TOTAL REVENUE $44,208,090

Expense Breakdown

Grants Paid $33,157,638
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $33,157,638
Other Expenses $0
TOTAL EXPENSES $33,157,638

Year-over-Year Comparison

2023 2022 Change
Revenue $44,208,090 $29,439,197 +0.5%
Expenses $33,157,638 $9,418,081 +2.5%
Net Income $11,050,452 $20,021,116 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
21

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
$5,497,665
Total Directors
11
$12,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA KETOVER MD DIRECTOR 2.00
Director
$0 $0 $2,000
ANDY KRANE DIRECTOR 2.00
Director
$0 $0 $0
STEPHANIE LAITALA-RUPP DIRECTOR 2.00
Director
$0 $0 $0
CYNDI LESHER DIRECTOR 2.00
Director
$0 $0 $0
CHRIS MORRISON DIRECTOR 2.00
Director
$0 $0 $0
CHARLIE MONTREUIL DIRECTOR 2.00
Director
$0 $0 $0
RON POOLE DIRECTOR 2.00
Director
$0 $0 $0
BARBARA BUTTS WILLIAMS PHD DIRECTOR 2.00
Director
$0 $0 $10,250
BRUCE ZEILINGER DIRECTOR 2.00
Director
$0 $0 $0
BART ZIBROWSKI DIRECTOR 2.00
Director
$0 $0 $0
STEPHEN LACROIX DIRECTOR 2.00
Director
$0 $0 $0
RICHARD MAGNUSON EVP/CFO 2.00
Officer
$0 $10,001 $1,898,714
LISA SHANNON PRESIDENT/CEO 2.00
Officer
$0 $466,312 $3,079,897
TROY LINDLOFF VP/CHIEF DEVELOPMENT OFFICER 2.00
Officer
$0 $73,251 $519,054
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 $44,208,090 $33,157,638 $251,816,935 $11,050,452
2022 $29,439,197 $9,418,081 $229,483,214 $20,021,116
2021 $3,559,342 $3,745,855 $11,927,149 $-186,513
2020 $5,917,332 $3,406,589 $11,823,540 $2,510,743
2019 $3,695,207 $2,816,034 $9,037,464 $879,173
2018 $3,763,248 $3,333,315 $7,970,752 $429,933
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ALLINA HEALTH FOUNDATION with other nonprofits in Minnesota and across the country.