MINNESOTA GERONTOLOGICAL SOCIETY (EIN 363353356) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

ROBERTA MEYERS

Phone

6127081982

Tax Period

2023-01-01 to 2023-12-31

MINNESOTA GERONTOLOGICAL SOCIETY, founded in 1976, is a micro nonprofit in the Social Science sector that reported $93K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $136K exceeded revenue, resulting in a 46% operating deficit.

Mission

THE MINNESOTA GERONTOLOGICAL SOCIETY IS THE LEADING INTERDISCIPLINARY, MEMBERSHIP-BASED ORGANIZATION SUPPORTING EDUCATION, RESEARCH AND PRACTICE IN THE FIELD OF AGING.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $60,428

Program Service Revenue $32,580

Investment Income $433

Other Revenue $0

TOTAL REVENUE $93,441

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $36,742

Fundraising Expenses $0

Program Expenses $52,402

Other Expenses $94,501

TOTAL EXPENSES $136,243

Year-over-Year Comparison

	2023	2022	Change
Revenue	$93,441	$119,595	-0.2%
Expenses	$136,243	$124,041	+0.1%
Net Income	$-42,802	$-4,446	+8.6%

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

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

$36,742

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEIDI HOLSTE	CO-EXEC DIRE	10.00	Officer	$36,742	$0	$36,742
GEORGIA AFTON	BOARD MEMBER	1.00	Director	$0	$0	$0
JANE BRINK	BOARD MEMBER	1.00	Director	$0	$0	$0
MEGHAN COLEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARISSA EATON	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBBIN FRAZIER	BOARD MEMBER	1.00	Director	$0	$0	$0
PHYLLIS GREENBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
KRISTEN GLAROS HANSON	BOARD MEMBER	1.00	Director	$0	$0	$0
SUE HUMPHERS-GINTHER	SECRETARY	1.00	Officer Director	$0	$0	$0
BOB KOEHLER	TREASURER	5.00	Officer Director	$0	$0	$0
ROBERTA MEYERS	PRESIDENT	5.00	Officer Director	$0	$0	$0
TANYA RAND	BOARD MEMBER	1.00	Director	$0	$0	$0
CATHERINE SULLIVAN	BOARD MEMBER	1.00	Director	$0	$0	$0
LORI VROLSON	BOARD MEMBER	1.00	Director	$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
2023	$93,441	$136,243	$219,591	$-42,802
2022	$119,595	$124,041	$261,242	$-4,446
2021	$134,845	$115,201	$290,409	$19,644
2020	$97,797	$89,955	$248,290	$7,842

MINNESOTA GERONTOLOGICAL SOCIETY