Sauk Rapids, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Minnesota Head Start Association Inc, founded in 1987, is a small nonprofit in the Education sector that reported $347K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $472K exceeded revenue, resulting in a 36% operating deficit.
The Minnesota Head Start Association advocates on behalf of young children and their families who live in poverty and works to improve Head Start services and programs.
The Minnesota Head Start Association (MHSA) mission is to advocate for low-income families and inspire high standards of service for young children by providing innovative leadership and training...
The Minnesota Head Start Association (MHSA) mission is to advocate for low-income families and inspire high standards of service for young children by providing innovative leadership and training programs to help children, families and communities reach their full potential.
The Minnesota Head Start Association (MHSA) utilizes its Executive Director to build partnerships with state and national organizations that are working to strengthen early childhood opportunities...
The Minnesota Head Start Association (MHSA) utilizes its Executive Director to build partnerships with state and national organizations that are working to strengthen early childhood opportunities for families and young children. The Executive Director represents the Head Start community on Early Childhood consortiums and planning committees to advance the science of early care and education. The Organizations office is in greater Minnesota (Duluth, MN) and the Director travels around the state to connect with Head Start providers, partners and policymakers. The Executive Director is also actively engaged in MHSAs effors to support collaborative initiatives to reduce educational and health disparities for families with young children growing up in poverty in Minnesota.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $346,934 | $437,524 | -0.2% |
| Expenses | $471,600 | $457,555 | +0.0% |
| Net Income | $-124,666 | $-20,031 | +5.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Becky Shogren | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Carissa Paulson | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lindsay Vocaty | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dennis DeMers | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jillayne Schuder | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tifanny McKinnon | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Natalija Salesevic | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Judy Baker | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Noel Kisiali | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lee Turney | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Mary Lockhart-Findling | Chairman | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lori Schwartz | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michelle Wilkowski | 2nd Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rico Alexander | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Sandy Simar | 1st Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Skip Ferris | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jennifer Koehler | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Paige Hasledalen | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tammy Arend | General Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $346,934 | $471,600 | $257,230 | $-124,666 |
| 2024 | $437,524 | $457,555 | $377,688 | $-20,031 |
| 2023 | $435,604 | $412,524 | $397,746 | $23,080 |
| 2022 | $355,452 | $296,750 | $374,938 | $58,702 |
| 2021 | $400,848 | $185,855 | $315,957 | $214,993 |
| 2020 | $273,835 | $254,251 | $107,847 | $19,584 |
| 2019 | $377,907 | $362,506 | $85,515 | $15,401 |
| 2018 | $323,351 | $350,778 | $70,043 | $-27,427 |
Compare Minnesota Head Start Association Inc with other nonprofits in Minnesota and across the country.