KAREN ORGANIZATION OF MINNESOTA

EIN: 300438142 501(c)(3) Human Services

ROSEVILLE, MN

Total Revenue
$3,521,125
Total Expenses
$3,510,534
Total Assets
$1,958,302
Net Assets
$1,147,969
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MN
Principal Officer
ALEXIS WALSTAD
Phone
6512023120
Tax Period
2023-01-01 to 2023-12-31

KAREN ORGANIZATION OF MINNESOTA, founded in 2008, is a community nonprofit in the Human Services sector that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

TO BUILD ON THE STRENGTHS OF REFUGEE AND IMMIGRANT COMUNITIES AND REMOVE BARRIERS TO ACHIEVING ECONOMIC, SOCIAL, AND CULTURAL WELLBEING.

Program Service Accomplishments

Program 1
Expenses: $1,056,039 Revenue: $76,599

SOCIAL SERVICESKOM ADDRESSES A WIDE VARIETY OF SELF-SUFFICIENCY NEEDS FOR REFUGEES, IMMIGRANTS, AND LOW-INCOME HOUSEHOLDS THROUGH SOCIAL SERVICES PROGRAMS. IN 2023, KOM SUPPORTED OVER 1,000...

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SOCIAL SERVICESKOM ADDRESSES A WIDE VARIETY OF SELF-SUFFICIENCY NEEDS FOR REFUGEES, IMMIGRANTS, AND LOW-INCOME HOUSEHOLDS THROUGH SOCIAL SERVICES PROGRAMS. IN 2023, KOM SUPPORTED OVER 1,000 HOUSEHOLDS TO ADDRESS NEEDS INCLUDING: PUBLIC ASSISTANCE ACCESS, MNSURE NAVIGATION, HOUSING SUPPORT, IMMIGRATION SERVICES, AND SERVICES TO ELDERS. KOM'S YOUTH CASE MANAGERS PROVIDED WRAPAROUND SERVICES FOR OVER 90 KAREN YOUTH WITH SUBSTANCE USE AND/OR MENTAL HEALTH ISSUES. KOM PROVIDED COMMUNITY HEALTH EDUCATION TO OVER 300 KAREN ADULTS AND YOUTH ON TOPICS INCLUDING SUBSTANCE USE, MENTAL HEALTH, PARENTING SKILLS, AND FAMILY PLANNING METHODS.

Program 2
Expenses: $1,185,953 Revenue: $27,345

EMPLOYMENT SERVICESKOM HAS DEVELOPED A CONTINUUM OF EMPLOYMENT SERVICES TO PROVIDE WORKFORCE READINESS SKILLS, JOB PLACEMENT, AND VOCATIONAL TRAINING TO MORE THAN 200 PEOPLE PER YEAR. IN 2023, KOM...

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EMPLOYMENT SERVICESKOM HAS DEVELOPED A CONTINUUM OF EMPLOYMENT SERVICES TO PROVIDE WORKFORCE READINESS SKILLS, JOB PLACEMENT, AND VOCATIONAL TRAINING TO MORE THAN 200 PEOPLE PER YEAR. IN 2023, KOM PLACED OVER 90 ADULTS IN JOBS AND PROVIDED WORKFORCE READINESS TRAINING AND SUPPORT SERVICES TO IMPROVE JOB RETENTION. 98 INDIVIDUALS EARNED ONE OR MORE CREDENTIALS IN TRANSLATION AND INTERPRETING, NURSING ASSISTANT, WAREHOUSE, AND TRANSPORTATION THROUGH KOM PROGRAMS IN PARTNERSHIP WITH ADULT BASIC EDUCATION AND VOCATIONAL TRAINING PROVIDERS.

Program 3
Expenses: $1,000,259 Revenue: $113,181

YOUTH SERVICESKOM PARTNERS WITH THE METRO REFUGEE RESETTLEMENT NETWORK TO OFFER ACADEMIC AND CAREER COACHING FOR ABOUT 70 REFUGEE YOUTH IN GRADES K-12. KOM ALSO PARTNERS WITH ST. PAUL PUBLIC SCHOOLS...

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YOUTH SERVICESKOM PARTNERS WITH THE METRO REFUGEE RESETTLEMENT NETWORK TO OFFER ACADEMIC AND CAREER COACHING FOR ABOUT 70 REFUGEE YOUTH IN GRADES K-12. KOM ALSO PARTNERS WITH ST. PAUL PUBLIC SCHOOLS TO PROVIDE AFTER-SCHOOL TUTORING, SOCIOEMOTIONAL AND CULTURAL ACTIVITIES, AND VOLUNTEER MENTORSHIP FOR ABOUT 80 NEWLY ARRIVED REFUGEE YOUTH IN GRADES 6-12. DURING THE 2023-2024 SCHOOL YEAR, OVER 90% OF STUDENTS IN KOM'S AFTER-SCHOOL PROGRAMS REPORTED INCREASES IN THEIR ABILITY TO OVERCOME PROBLEMS, MANAGE STRESS, BUILD HEALTHY RELATIONSHIPS, UNDERSTAND CULTURAL DIFFERENCES, AND USE LEADERSHIP SKILLS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,304,912
Program Service Revenue $217,125
Investment Income $6,996
Other Revenue $-7,908
TOTAL REVENUE $3,521,125

Expense Breakdown

Grants Paid $653,307
Salaries & Benefits $2,106,329
Fundraising Expenses $67,343
Program Expenses $3,242,251
Other Expenses $744,567
TOTAL EXPENSES $3,510,534

Year-over-Year Comparison

2023 2022 Change
Revenue $3,521,125 $2,870,095 +0.2%
Expenses $3,510,534 $2,752,236 +0.3%
Net Income $10,591 $117,859 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
67
Volunteers
41

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
6
$190,016
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAZIAH JOSIAH BOARD CHAIR 1.00
Officer Director
$0 $0 $0
DR TIMOTHY O'BRIEN TREASURER 1.00
Officer Director
$0 $0 $0
ISABEL TOLEDO SECRETARY 0.50
Officer Director
$0 $0 $0
SOE DOH TREASURER (THROUGH DEC 2023) 0.50
Officer Director
$0 $0 $0
HSAJUNE DYAN BOARD MEMBER 0.50
Director
$0 $0 $0
LER HTOO BOARD MEMBER (THROUGH DEC 2023) 0.50
Director
$0 $0 $0
NAY HTOO BOARD MEMBER 0.50
Director
$0 $0 $0
NWAY LINN BOARD MEMBER 0.50
Director
$0 $0 $0
MALLIKA SUTAYA BOARD MEMBER 0.50
Director
$0 $0 $0
SAW SUNSHINE TIMOTHY BOARD MEMBER 0.50
Director
$0 $0 $0
JULIE WARNER BOARD MEMBER (THROUGH DEC 2023) 0.50
Director
$0 $0 $0
JUNE WAY BOARD MEMBER 0.50
Director
$0 $0 $0
ALEXIS WALSTAD CO-EXECUTIVE DIRECTOR 32.00
Officer
$90,032 $7,512 $97,544
EH TAH KHU CO-EXECUTIVE DIRECTOR 40.00
Officer
$84,846 $7,626 $92,472
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 $3,521,125 $3,510,534 $1,958,302 $10,591
2022 $2,841,306 $2,752,236 $1,814,132 $89,070
2021 $2,672,813 $2,238,057 $1,360,997 $434,756
2020 $2,308,197 $2,072,741 $1,077,238 $235,456
2019 $1,787,696 $1,784,999 $525,001 $2,697
2018 $1,688,030 $1,693,381 $496,082 $-5,351
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