Minnesota Council of Nonprofits Inc

EIN: 363501477 501(c)(3) Philanthropy & Grantmaking

St Paul, MN

Total Revenue
$4,162,645
Total Expenses
$3,942,568
Total Assets
$5,636,266
Net Assets
$4,426,464
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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
1986
Legal Domicile
MN
Principal Officer
Nonoko Sato
Phone
6516421904
Tax Period
2024-01-01 to 2024-12-31

Minnesota Council of Nonprofits Inc, founded in 1986, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.2M in total revenue in fiscal year 2024. Expenses of $3.9M left a modest 5% surplus.

Mission

Inform, promote, connect and strengthen individual nonprofits and the nonprofit sector.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,615,279
Program Service Revenue $2,438,632
Investment Income $108,734
Other Revenue $0
TOTAL REVENUE $4,162,645

Expense Breakdown

Grants Paid $110,333
Salaries & Benefits $2,457,910
Fundraising Expenses $159,265
Program Expenses $2,920,981
Other Expenses $1,374,325
TOTAL EXPENSES $3,942,568

Year-over-Year Comparison

2024 2023 Change
Revenue $4,162,645 $3,939,048 +0.1%
Expenses $3,942,568 $3,718,392 +0.1%
Net Income $220,077 $220,656 0.0%
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
22
Independent Members
22
Employees
34
Volunteers
334

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
8
$363,498
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Theresa Gardella Co-Chair 2.00
Officer Director
$0 $0 $0
SuFei Wong McKhann Co-Chair 2.00
Officer Director
$0 $0 $0
Brian Voerding Secretary 2.00
Officer Director
$0 $0 $0
Karen Koeder Treasurer 2.00
Officer Director
$0 $0 $0
May yer Thao Vice Chair 2.00
Officer Director
$0 $0 $0
Xavier Vazquez Vice Chair 2.00
Officer Director
$0 $0 $0
Beth Schoeppler Board Member 1.00
Director
$0 $0 $0
Leondra Mitchell Board Member 1.00
Director
$0 $0 $0
Gene Gelgelu Board Member 1.00
Director
$0 $0 $0
Pablo Obregon Board Member 1.00
Director
$0 $0 $0
Lori Schwartz Board Member 1.00
Director
$0 $0 $0
Mary Warner Board Member 1.00
Director
$0 $0 $0
Daryl Yankee Board Member 1.00
Director
$0 $0 $0
Sam Amundson Board Member 1.00
Director
$0 $0 $0
Amy Gray Board Member 1.00
Director
$0 $0 $0
Feather LaRoche Board Member 1.00
Director
$0 $0 $0
Sara Sommarstrom Board Member 1.00
Director
$0 $0 $0
Karina Forrest-Perkins Board Member 1.00
Director
$0 $0 $0
Tee McClenty Board Member 1.00
Director
$0 $0 $0
Sara Niemi Board Member 1.00
Director
$0 $0 $0
Sara Salas Ramirez Board Member 1.00
Director
$0 $0 $0
Aly G Xiong Board Member 1.00
Director
$0 $0 $0
Nonoko Sato Executive Director 40.00
Officer
$173,444 $29,866 $203,310
Kari Aanestad Associate Director 40.00
Officer
$135,260 $24,928 $160,188
Nan Madden MN Budget Project Dir. 40.00
Highest
$114,751 $6,377 $121,128
Marie Ellis Public Policy Director 40.00
Highest
$103,820 $24,059 $127,879
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 $4,162,645 $3,942,568 $5,636,266 $220,077
2023 $3,939,048 $3,718,392 $4,698,878 $220,656
2022 $4,535,390 $4,025,063 $4,644,598 $510,327
2021 $4,025,234 $3,458,872 $3,750,182 $566,362
2020 $3,792,858 $3,495,237 $3,015,481 $297,621
2019 $3,476,574 $3,887,453 $2,706,913 $-410,879
2018 $3,990,291 $3,643,511 $3,045,524 $346,780
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