MAHNOMEN AREA ASSISTED LIVING CENTER INC (EIN 352327351) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

KAREN AHMANN

Phone

2189359401

Tax Period

2020-01-01 to 2020-12-31

MAHNOMEN AREA ASSISTED LIVING CENTER INC, founded in 2007, is a small nonprofit in the Human Services sector that reported $364K in total revenue in fiscal year 2020. Revenue decreased 12% compared to the prior year. Expenses of $604K exceeded revenue, resulting in a 66% operating deficit.

Mission

TO PROVIDE ASSISTED LIVING CARE SERVICES TO THE ELDERLY IN THE CITY OF MAHNOMEN, MN.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $363,812

Investment Income $0

Other Revenue $0

TOTAL REVENUE $363,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $572,385

Other Expenses $604,368

TOTAL EXPENSES $604,368

Year-over-Year Comparison

	2020	2019	Change
Revenue	$363,812	$412,669	-0.1%
Expenses	$604,368	$591,490	+0.0%
Net Income	$-240,556	$-178,821	+0.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN AHMANN	CHAIR	1.00	Officer Director	$0	$0	$0
MARY NELL PREISLER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVE SUPER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
LORI HANDYSIDE	DIRECTOR	1.00	Director	$0	$0	$0
SANDY KASTER	DIRECTOR	1.00	Director	$0	$0	$0
DALE KRUEGER	CEO	1.00	Officer	$0	$0	$0
MECHELLE ZIMA	DIRECTOR OF SENIOR SERVICE	2.00	Officer	$0	$0	$0
LORI GUENTHER	DIRECTOR OF FINANCE	1.00	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
2020	$363,812	$604,368	$1,679,109	$-240,556
2019	$412,669	$591,490	$2,034,387	$-178,821
2018	$285,673	$615,515	$2,102,645	$-329,842

MAHNOMEN AREA ASSISTED LIVING CENTER INC