MINNESOTA ASSOCIATION OF COUNTY VETERANS SERVICE OFFICERS

EIN: 300383526 Public & Societal Benefit

GLENCOE, MN

Total Revenue
$302,004
Total Expenses
$186,224
Total Assets
$202,591
Net Assets
$202,591
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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
1943
Legal Domicile
MN
Principal Officer
CASSANDRA CARRIGAN
Phone
3208641268
Tax Period
2023-10-01 to 2024-09-30

MINNESOTA ASSOCIATION OF COUNTY VETERANS SERVICE OFFICERS, founded in 1943, is a small nonprofit in the Public & Societal Benefit sector that reported $302K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 38% operating margin.

Mission

MACVSO WORKS COLLABORATIVELY WITH THE DEPARTMENT OF VETERANS AFFAIRS AND NATIONALLY CHARTERED VETERANS SERVICE ORGANIZATIONS IN PROMOTING THE INTERESTS AND WELFARE OF VETERANS WHO HAVE SERVED IN THE ARMED FORCES OF THE UNITED STATES OF AMERICA, THEIR FAMILY MEMBERS AND SURVIVORS. TO ENHANCE THE QUALITY OF THEIR LIVES THROUGH ADVISING, COUNSELING, CLAIMS ASSISTANCE, EDUCATION, ADVOCACY AND SPECIAL PROGRAMS. TO ENSURE THAT THEY EACH RECEIVE ALL OF THE BENEFITS AND SERVICES THEY SO WELL DESERVE FOR THE HARDSHIPS THEY HAVE ENDURED.

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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 $302,004
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $302,004

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,350
Fundraising Expenses $0
Program Expenses $168,816
Other Expenses $115,874
TOTAL EXPENSES $186,224

Year-over-Year Comparison

2023 2022 Change
Revenue $302,004 $177,744 +0.7%
Expenses $186,224 $99,613 +0.9%
Net Income $115,780 $78,131 +0.5%
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
87
Independent Members
87
Employees
N/A
Volunteers
N/A

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
7
$2,600
Total Directors
1
$64,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BAKER EXECUTIVE DIRECTOR 40.00
Director
$64,350 $0 $64,350
JOSH BENINGA PRESIDENT 2.00
Officer
$600 $0 $600
ERICA BLISS SECRETARY 2.00
Officer
$800 $0 $800
TOM ANDERSON VICE PRESIDENT 2.00
Officer
$400 $0 $400
CASSANDRA CARRIGAN TREASURER 2.00
Officer
$400 $0 $400
DUSTIN HUNTER JUDGE ADVOCATE 2.00
Officer
$0 $0 $0
NATHAN PIKE CHAPLAIN 2.00
Officer
$400 $0 $400
MINDY SANDELL HISTORIAN 2.00
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
2024 $302,004 $186,224 $202,591 $115,780
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