Murray County Development Achievement Center Inc

EIN: 410947534 501(c)(3)

Slayton, MN

Total Revenue
$381,630
Total Expenses
$396,084
Total Assets
$771,988
Net Assets
$710,925
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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
1966
Legal Domicile
MN
Principal Officer
Sharlene Anderson
Phone
5078368921
Tax Period
2023-01-01 to 2023-12-31

Murray County Development Achievement Center Inc, founded in 1966, is a small nonprofit that reported $382K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

To provide training and habilitative services to approximately 16 adults with disabilities. Services are provided approximately 248 days per year.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,461
Program Service Revenue $349,607
Investment Income $9,442
Other Revenue $120
TOTAL REVENUE $381,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $288,154
Fundraising Expenses $0
Program Expenses $271,681
Other Expenses $107,930
TOTAL EXPENSES $396,084

Year-over-Year Comparison

2023 2022 Change
Revenue $381,630 $416,291 -0.1%
Expenses $396,084 $410,471 0.0%
Net Income $-14,454 $5,820 -3.5%
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

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Governance

Voting Members
7
Independent Members
7
Employees
23
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
4
$320
Total Directors
5
$380
Key Employees
1
$83,612
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Theresa Nysetvold Chairperson 1.00
Officer
$100 $0 $100
Sharon Lais Vice Chairperson 1.00
Officer
$90 $0 $90
Jennifer Nelson Secretary/Treasurer 1.00
Officer
$110 $0 $110
Carisa Clark Former Secretary/Treasurer 1.00
Officer
$20 $0 $20
Charles Benda Director 1.00
Director
$100 $0 $100
Dr Carol Lang Director 1.00
Director
$90 $0 $90
Dave Hollis Director 1.00
Director
$60 $0 $60
Gail Johansen Director 1.00
Director
$50 $0 $50
Kathy LeTendre Director 1.00
Director
$80 $0 $80
Sharlene Anderson Executive Director 40.00
Key Emp
$60,330 $23,282 $83,612
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
2023 $381,630 $396,084 $771,988 $-14,454
2022 $416,291 $410,471 $810,189 $5,820
2021 $492,015 $386,360 $828,294 $105,655
2020 $278,788 $333,886 $741,800 $-55,098
2019 $417,240 $395,115 $696,961 $22,125
2018 $433,761 $400,996 $673,611 $32,765
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