EDUCATION MINNESOTA PROPERTIES INC (EIN 410417180) - Form 990 Financial Analysis & Trantor Score

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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

1969

Legal Domicile

Principal Officer

DENISE SPECHT

Phone

6512279541

Tax Period

2023-09-01 to 2024-08-31

EDUCATION MINNESOTA PROPERTIES INC, founded in 1969, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. The organization ran a surplus of $351K, a strong 28% operating margin.

Mission

PROVIDE BUILDING FACILITIES TO EXEMPT ORGANIZATIONS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,095,732

Investment Income $113,068

Other Revenue $24,562

TOTAL REVENUE $1,233,362

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $882,222

TOTAL EXPENSES $882,222

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,233,362	$1,144,896	+0.1%
Expenses	$882,222	$1,030,660	-0.1%
Net Income	$351,140	$114,236	+2.1%

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

N/A

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
DENISE SPECHT	PRESIDENT	2.00	Officer Director	$0	$0	$0
MONICA BYRON	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
RODNEY ROWE	SECRETARY-TR	2.00	Officer Director	$0	$0	$0
AMY AHO	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMIE ALSLEBEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE BACON	BOARD MEMBER	1.00	Director	$0	$0	$0
HEATHER BAKKE	BOARD MEMBER	1.00	Director	$0	$0	$0
JEROME BELLEFEUILLE	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD BETTINI	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA BUCKLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
GRETA CALLAHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KIMBERLY COLBERT	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNETTE DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE DENNARD	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACY DETLOFF	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK DOMEIER	BOARD MEMBER	1.00	Director	$0	$0	$0
AARO DONAIS	BOARD MEMBER	1.00	Director	$0	$0	$0
GENEVA DORSEY	BOARD MEMBER	1.00	Director	$0	$0	$0
WENDY DRUGGE-WUESCH	BOARD MEMBER	1.00	Director	$0	$0	$0
CAITLIN EFTA	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS ERICKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RYAN FIERECK	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTY FRIDGEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JODI HANSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JANELLE HART	BOARD MEMBER	1.00	Director	$0	$0	$0
AL HELGERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSE HOLM	BOARD MEMBER	1.00	Director	$0	$0	$0
VALERIE HOLTHUS	BOARD MEMBER	2.00	Director	$0	$0	$0
BRENDA JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
TAMMY KNAPPER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA LE SELMER	BOARD MEMBER	1.00	Director	$0	$0	$0
GRETCHEN LONG	BOARD MEMBER	1.00	Director	$0	$0	$0
MAUREEN MORROW	BOARD MEMBER	1.00	Director	$0	$0	$0
JASMAN MYERS	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA OLSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGELA PEDACE	BOARD MEMBER	1.00	Director	$0	$0	$0
BETY RIOS-CHRISTENSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDY ROHDE	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM SCHWANDT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTY SCOFIELD	BOARD MEMBER	1.00	Director	$0	$0	$0
HOLLY SCHRUPP	BOARD MEMBER	1.00	Director	$0	$0	$0
JARED SIMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SWENSON	BOARD MEMBER	1.00	Director	$0	$0	$0
WES TESSMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM THOLE	BOARD MEMBER	1.00	Director	$0	$0	$0
GLAZELL TOLEDO	BOARD MEMBER	1.00	Director	$0	$0	$0
LEAH VANDASSOR	BOARD MEMBER	1.00	Director	$0	$0	$0
STACEY VANDERPORT	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW WILMES	BOARD MEMBER	1.00	Director	$0	$0	$0
CARRIE LUCKING	EXECUTIVE DI	2.00	Officer	$0	$0	$0
MICHAEL ROEHL	CFO	2.00	Officer	$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	$1,233,362	$882,222	$4,893,791	$351,140
2023	$1,144,896	$1,030,660	$3,613,925	$114,236
2022	$1,080,651	$1,052,171	$3,502,426	$28,480
2021	$1,061,633	$974,950	$3,348,632	$86,683
2020	$1,051,124	$1,001,110	$3,237,655	$50,014
2019	$1,017,874	$973,463	$3,181,174	$44,411
2018	$985,878	$1,037,567	$3,233,785	$-51,689

EDUCATION MINNESOTA PROPERTIES INC