UNITED THEOLOGICAL SEMINARY OF THE TWIN CITIES (EIN 410854766) - 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

1960

Legal Domicile

Principal Officer

JEFF SWENSON

Phone

6122015430

Tax Period

2024-07-01 to 2025-06-30

UNITED THEOLOGICAL SEMINARY OF THE TWIN CITIES, founded in 1960, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $4.8M exceeded revenue, resulting in a 33% operating deficit.

Mission

FOSTER INTELLECTUAL, SPIRITUAL, AND PERSONAL GROWTH TO EDUCATE INNOVATIVE AND COMPASSIONATE LEADERS.

🔒

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 $1,154,286

Program Service Revenue $2,449,695

Investment Income $0

Other Revenue $10,570

TOTAL REVENUE $3,614,551

Expense Breakdown

Grants Paid $754,136

Salaries & Benefits $2,563,174

Fundraising Expenses $0

Program Expenses $3,225,910

Other Expenses $1,473,366

TOTAL EXPENSES $4,790,676

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,614,551	$4,674,842	-0.2%
Expenses	$4,790,676	$4,763,154	+0.0%
Net Income	$-1,176,125	$-88,312	+12.3%

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

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

$541,519

Total Directors

$541,519

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AHSHUA BOLTON	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL DAVNIE	BOARD MEMBER	1.00	Director	$0	$0	$0
CLYDE STECKEL	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID ANDERSON	CHAIR	1.00	Officer Director	$0	$0	$0
DAVID LONG-HIGGINS	BOARD MEMBER	1.00	Director	$0	$0	$0
DEWAYNE DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANNE OLIVER	BOARD MEMBER	1.00	Director	$0	$0	$0
ELENA LARSSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH MACAULAY	CO-CHAIR OF THE CAPITAL CAMPAIGN, CHAIR OF THE ACA	1.00	Officer Director	$0	$0	$0
GARY REIERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JACK ROSSMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JEANNE COTTER	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF SWENSON	CFO/VP FOR FINANCE AND ADMINISTRATION	32.00	Officer Director	$95,580	$6,692	$102,272
JOHN LUNDQUIST	TREASURER, CHAIR OF THE FINANCE COMMITTEE	1.00	Officer Director	$0	$0	$0
KAREN SMITH-SELLERS	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN DANIEL	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLE ROBERTS	DEAN	40.00	Officer Director	$108,765	$7,674	$116,439
LYNNE KREHBIEL-BRENEMAN	CHAIR OF THE GOVERNANCE COMMITTEE	1.00	Officer Director	$0	$0	$0
MARY ANN KORSCH	BOARD MEMBER	1.00	Director	$0	$0	$0
MOLLY L LARSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MOLLY MARSHALL	PRESIDENT	40.00	Officer Director	$205,000	$7,200	$212,200
RODERIC SOUTHALL	BOARD MEMBER	1.00	Director	$0	$0	$0
STACEY SMITH	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
THERESE PAUTZ	CHAIR OF THE ADVANCEMENT COMMITTEE	1.00	Director	$0	$0	$0
WILLIAM HART	SECRETARY	1.00	Officer Director	$0	$0	$0
ANDREA JOHNSON	CO-CHAIR OF THE CAPITAL CAMPAIGN, CHAIR OF THE ACA	1.00	Officer Director	$0	$0	$0
JEN MOUNT	BOARD MEMBER	1.00	Director	$0	$0	$0
CINDI BETH JOHNSON	VP OF ADVANCEMENT	40.00	Officer Director	$102,880	$7,728	$110,608

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
2025	$3,614,551	$4,790,676	$5,742,021	$-1,176,125
2024	$4,674,842	$4,763,154	$18,747,905	$-88,312
2023	$5,107,220	$4,800,466	$18,087,739	$306,754
2022	$6,235,932	$4,801,873	$12,813,883	$1,434,059
2021	$4,910,160	$4,722,293	$13,313,773	$187,867
2020	$3,746,420	$4,649,759	$12,627,744	$-903,339
2019	$5,594,604	$5,713,336	$15,058,617	$-118,732

UNITED THEOLOGICAL SEMINARY OF THE TWIN CITIES