MINNESOTA JOBS COALITION

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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

2013

Legal Domicile

Principal Officer

DAVID ASP

Phone

6512194243

Tax Period

2019-01-01 to 2019-12-31

MINNESOTA JOBS COALITION, founded in 2013, is a small nonprofit that reported $380K in total revenue in fiscal year 2019. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $134K, a strong 35% operating margin.

Mission

MINNESOTA JOBS COALITION IS ORGANIZED TO CONDUCT RESEARCH AND PROMOTE CITIZEN ENGAGEMENT REGARDING POLICIES THAT LEAD TO JOB CREATION AND ECONOMIC GROWTH.

Program Service Accomplishments

Program 1

Expenses: $204,587 Revenue: $0

MINNESOTA JOBS COALITION MONITORED ISSUES RELATING TO JOB CREATION AND THE ECONOMY WITHIN THE STATE OF MINNESOTA AND ANALYZED THE IMPACT OF VARIOUS PUBLIC POLICY PROPOSALS ON THE STATE OF MINNESOTA AND MINNESOTANS.CONDUCTED ADDITIONAL RESEARCH AND SOUGHT TO ENHANCE PUBLIC AWARENESS THROUGH EDUCATIONAL MEANS RELATING TO LEGISLATION AT THE FEDERAL AND STATE LEVEL AFFECTING MINNESOTANS ON THE IMPORTANT ISSUES OF JOBS AND THE ECONOMY. CONDUCTED QUALITATIVE AND QUANTITIVE RESEARCH INCLUDING STATEWIDE SURVEYS ON A VARIETY OF ISSUES RELATING TO JOBS, THE ECONOMY, HEALTHCARE AND TRANSPORTATION. UTILIZED DATA FROM STATE-WIDE SURVEYS OF MINNESOTANS OPINIONS ON IMPORTANT ISSUES TO CONTINUE TESTING AND EXPLORING METHODS TO EFFECTIVELY RAISE AWARENESS, PROMOTE CIVIC ENGAGEMENT AND EDUCATE MINNESOTANS ON ISSUES RELATING TO JOBS AND THE ECONOMY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $379,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $379,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $204,587

Other Expenses $245,198

TOTAL EXPENSES $245,198

Year-over-Year Comparison

	2019	2018	Change
Revenue	$379,500	$988,275	-0.6%
Expenses	$245,198	$1,035,696	-0.8%
Net Income	$134,302	$-47,421	-3.8%

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
DAVID ASP	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BRITT DRAKE	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA HEAD	DIRECTOR	1.00	Director	$0	$0	$0
TOMMY MERICKEL	DIRECTOR	1.00	Director	$0	$0	$0
LYALL SCHWARZKOPF	DIRECTOR	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
2019	$379,500	$245,198	$161,419	$134,302
2018	$988,275	$1,035,696	$27,117	$-47,421