MINNESOTA ASSOCIATION OF SECONDARY… - Form 990 Financial Data

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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

1968

Legal Domicile

Principal Officer

JOSH HAAG

Phone

6123611510

Tax Period

2024-07-01 to 2025-06-30

MINNESOTA ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS, founded in 1968, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 3% surplus.

Mission

PROFESSIONAL LEADERSHIP ASSOCIATION THAT DEVELOPS, SUPPORTS, AND ADVOCATES FOR ITS MEMBERS AND IS DEDICATED TO PROMOTING QUALITY PUBLIC SECONDARY EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $570,165 Revenue: $859,993

THE ASSOCIATION IS AN ORGANIZATION OF APPROXIMATELY 1500 PROFESSIONAL EDUCATORS DEDICATED TO IMPROVEMENT OF THE EDUCATION SYSTEM IN MINNESOTA. THE ASSOCIATION IS INVOLVED IN THE REVIEW AND...

THE ASSOCIATION IS AN ORGANIZATION OF APPROXIMATELY 1500 PROFESSIONAL EDUCATORS DEDICATED TO IMPROVEMENT OF THE EDUCATION SYSTEM IN MINNESOTA. THE ASSOCIATION IS INVOLVED IN THE REVIEW AND DEVELOPMENT OF EDUCATIONAL POLICY AT ALL LEVELS OF JUDICIAL, EXECUTIVE AND LEGISLATIVE GOVERNMENT.

Program 2

Expenses: $396,341 Revenue: $344,760

THE ASSOCIATION PROVIDES SUPPORT AND ASSISTANCE TO ITS MEMBERS IN LEGAL PROTECTION, INSURANCE, PROFESSIONAL DEVELOPMENT, IN-SERVICE TRAINING AND MANY OTHER AREAS.THE ASSOCIATION CONTINUALLY PROVIDES INFORMATION TO ITS MEMBERS REGARDING NEW PROGRAMS, LEGAL UPDATES, LEGISLATIVE UPDATES AND CURRENT NEWS REGARDING THE PROFESSION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,000

Program Service Revenue $1,204,753

Investment Income $42,046

Other Revenue $117,671

TOTAL REVENUE $1,371,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $627,813

Fundraising Expenses $0

Program Expenses $966,506

Other Expenses $699,231

TOTAL EXPENSES $1,327,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,371,470	$1,316,060	+0.0%
Expenses	$1,327,044	$1,191,738	+0.1%
Net Income	$44,426	$124,322	-0.6%

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

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

$212,203

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH HAAG	PRESIDENT	1.00	Officer	$0	$0	$0
NATHANIEL MESSICK	PRESIDENT -	1.00	Officer	$0	$0	$0
MINDY CHEVALIER	SECRETARY	1.00	Officer	$0	$0	$0
ANGELA CHARBONEAU-FOLCH	COORDINATOR	1.00	Officer	$0	$0	$0
JENNIFER KELLY	PAST PRESIDE	1.00	Officer	$0	$0	$0
DANA KELLY	DIRECTOR-CAP	1.00	Director	$0	$0	$0
ASHLEY RUKA	DIRECTOR-CAP	1.00	Director	$0	$0	$0
SHAYNE KUSLER	DIRECTOR-CEN	1.00	Director	$0	$0	$0
ANDREW MERFELD	DIRECTOR-CEN	1.00	Director	$0	$0	$0
JESUS SANDOVAL	DIRECTOR-HEN	1.00	Director	$0	$0	$0
MOLLY HOLLENBECK	DIRECTOR-HEN	1.00	Director	$0	$0	$0
BRIAN KAZMIERCZAK	DIRECTOR-NOR	1.00	Director	$0	$0	$0
JASON STANOCH	DIRECTOR-NOR	1.00	Director	$0	$0	$0
PAT MORIARTY	DIRECTOR-SOU	1.00	Director	$0	$0	$0
ERIC NELSON	DIRECTOR-SOU	1.00	Director	$0	$0	$0
NATHAN MEISSNER	DIRECTOR-WES	1.00	Director	$0	$0	$0
JEANETTE SWANSON	RETIRED MEMB	1.00	Director	$0	$0	$0
ROBERT DRIVER	EXECUTIVE DI	40.00	Key Emp	$164,698	$47,505	$212,203

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	$1,371,470	$1,327,044	$2,270,973	$44,426
2024	$1,316,060	$1,191,738	$2,162,513	$124,322
2023	$1,282,146	$1,170,863	$2,033,724	$111,283
2022	$1,083,736	$1,056,379	$1,859,116	$27,357
2021	$1,001,627	$888,551	$1,843,156	$113,076
2020	$1,036,666	$1,017,656	$1,656,938	$19,010
2019	$1,046,148	$1,010,387	$1,621,626	$35,761
2018	$1,070,399	$948,174	$1,634,538	$122,225

MINNESOTA ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS