MINNESOTA SCHOOL BUS OPERATORS ASSOCIATION (EIN 410832580) - 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

1948

Legal Domicile

Principal Officer

BETHANY BERTRAM

Phone

9529287477

Tax Period

2022-01-01 to 2022-12-31

MINNESOTA SCHOOL BUS OPERATORS ASSOCIATION, founded in 1948, is a small nonprofit that reported $144K in total revenue in fiscal year 2022. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $212K exceeded revenue, resulting in a 48% operating deficit.

Mission

SCHOOL BUS SAFETY AND TRAINING

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $118,251

Investment Income $3,038

Other Revenue $22,473

TOTAL REVENUE $143,762

Expense Breakdown

Grants Paid $5,161

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $207,051

TOTAL EXPENSES $212,212

Year-over-Year Comparison

	2022	2021	Change
Revenue	$143,762	$208,503	-0.3%
Expenses	$212,212	$156,905	+0.4%
Net Income	$-68,450	$51,598	-2.3%

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

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
BETHANY BERTRAM	PRESIDENT	1.00	Officer Director	$0	$0	$0
JASON ANDERSON	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHRYN FORBORD	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GARRETT REGAN	PRESIDENT EX-OFFICIO	1.00	Director	$0	$0	$0
PAUL DAVIS	TREASURER	1.00	Officer Director	$0	$0	$0
RAYME BERNICK	MEMBER	1.00	Director	$0	$0	$0
MIKE AKSAMIT	MEMBER	1.00	Director	$0	$0	$0
ERIC BURRILL	MEMBER	1.00	Director	$0	$0	$0
CONNIE GRISIM	MEMBER	1.00	Director	$0	$0	$0
DOUG GRISIM	MEMBER	1.00	Director	$0	$0	$0
SHANE JOHNSON	MEMBER	1.00	Director	$0	$0	$0
TRAVEN MEDAWAR	MEMBER	1.00	Director	$0	$0	$0
PAUL MEYER	MEMBER	1.00	Director	$0	$0	$0
NATHAN OLANDER	MEMBER	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
2024	No data	No data	No data	No data
2022	$143,762	$212,212	$213,322	$-68,450
2021	$208,503	$156,905	$281,772	$51,598
2019	$200,977	$171,776	$258,594	$29,201

MINNESOTA SCHOOL BUS OPERATORS ASSOCIATION