Minnesota Association of Christian Home Educators (EIN 363526686) - 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

1984

Legal Domicile

Principal Officer

Robert Prigge

Phone

6123843301

Tax Period

2024-01-01 to 2024-12-31

Minnesota Association of Christian Home Educators, founded in 1984, is a small nonprofit that reported $242K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $231K left a modest 5% surplus.

Mission

Endeavors to provide information to the home educator and act as an effective vehicle to facilitate and safeguard the home education opportunity in Minnesota

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $60,792

Program Service Revenue $166,549

Investment Income $10,073

Other Revenue $4,915

TOTAL REVENUE $242,329

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,118

Fundraising Expenses $0

Program Expenses $173,168

Other Expenses $192,879

TOTAL EXPENSES $230,997

Year-over-Year Comparison

	2024	2023	Change
Revenue	$242,329	$326,711	-0.3%
Expenses	$230,997	$219,957	+0.1%
Net Income	$11,332	$106,754	-0.9%

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

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

$35,000

Total Directors

$35,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rob Prigge	Executive Dir.	30.00	Officer Director	$35,000	$0	$35,000
Allen Gahl	Chairman	2.00	Officer Director	$0	$0	$0
Adam Larson	Treasurer	2.00	Officer Director	$0	$0	$0
Amity Fritts	Secretary	2.00	Officer Director	$0	$0	$0
Sarah Gahl	Director	2.00	Director	$0	$0	$0
Doyle Fritts	Director	2.00	Officer Director	$0	$0	$0
Honey Larson	Director	2.00	Director	$0	$0	$0
Sam Muntean	Director	2.00	Director	$0	$0	$0
Heather Muntean	Director	2.00	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
2024	$242,329	$230,997	$332,999	$11,332
2023	$326,711	$219,957	$313,128	$106,754
2022	$237,044	$180,559	$205,791	$56,485
2020	$195,394	$115,566	$141,294	$79,828
2019	$362,109	$406,122	$132,675	$-44,013

Minnesota Association of Christian Home Educators