MINNESOTA INTER-COUNTY ASSOCIATION (EIN 410968086) - 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

1967

Legal Domicile

Principal Officer

MATT MASSMAN

Phone

6512228737

Tax Period

2023-01-01 to 2023-12-31

MINNESOTA INTER-COUNTY ASSOCIATION, founded in 1967, is a small nonprofit that reported $544K in total revenue in fiscal year 2023. Expenses of $525K left a modest 4% surplus.

Mission

INFLUENCE LEGISLATION AND REGULATIONS IN OUR COMMON INTEREST. CREATE PROGRAMS APPROPRIATE TO THE NEEDS OF, AND WHICH SOLVE PROBLEMS FOR, MEMBER COUNTIES. PRODUCE AND SHARE HIGH QUALITY, STANDARDIZED INFORMATION ON INDICATORS AND ISSUES OF COMMON CONCERN. INCREASE PUBLIC UNDERSTANDING OF COUNTY GOVERNMENT THROUGH PUBLIC INFORMATION AND THE MEDIA. SECURE AND ENHANCE COOPERATION AMONG COUNTIES IN AREAS OF MUTUAL INTEREST.

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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 $535,316

Program Service Revenue $0

Investment Income $8,607

Other Revenue $0

TOTAL REVENUE $543,923

Expense Breakdown

Grants Paid $0

Salaries & Benefits $297,524

Fundraising Expenses $0

Program Expenses $386,569

Other Expenses $227,209

TOTAL EXPENSES $524,733

Year-over-Year Comparison

	2023	2022	Change
Revenue	$543,923	$510,810	+0.1%
Expenses	$524,733	$495,967	+0.1%
Net Income	$19,190	$14,843	+0.3%

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

$188,881

Total Directors

$188,881

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STAN KARWOSKI	PRESIDENT	1.00	Officer Director	$0	$0	$0
ED POPP	SECRETARY	1.00	Officer Director	$0	$0	$0
KIP BRUENDER	DIRECTOR	1.00	Director	$0	$0	$0
MARK PIEPHO	DIRECTOR	1.00	Director	$0	$0	$0
ROSEMARY FRANZEN	DIRECTOR	1.00	Director	$0	$0	$0
LEE ROGNESS	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
GALEN MALECHA	DIRECTOR	1.00	Director	$0	$0	$0
JIM PURFEERST	DIRECTOR	1.00	Director	$0	$0	$0
JON ULRICH	DIRECTOR	1.00	Director	$0	$0	$0
LISA FOBBE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE JUGOVICH	DIRECTOR	1.00	Director	$0	$0	$0
TARRYL CLARK	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARCIA WARD	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS MEYER	DIRECTOR	1.00	Director	$0	$0	$0
MATT MASSMAN	EXECUTIVE DIRECTOR	40.00	Officer Director	$188,881	$0	$188,881
TOM WORKMAN	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE HALVERSON	TREASURER	1.00	Officer Director	$0	$0	$0
GREGG WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
BARB WECKMANN-BREKKE	DIRECTOR	1.00	Director	$0	$0	$0
JARED GAPINSKI	DIRECTOR	1.00	Director	$0	$0	$0
DAN DAHLBERG	DIRECTOR	1.00	Director	$0	$0	$0
JIM SWENSON	DIRECTOR	1.00	Director	$0	$0	$0
BILL DROSTE	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA KISCADEN	DIRECTOR	1.00	Director	$0	$0	$0
GARY GRAY	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY GRIMM	DIRECTOR	1.00	Director	$0	$0	$0
STEVE NOTCH	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE CLASEN	DIRECTOR	1.00	Director	$0	$0	$0
GAYLE DEGLE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE BARROWS	DIRECTOR	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
2023	$543,923	$524,733	$416,809	$19,190
2022	$510,810	$495,967	$425,992	$14,843
2021	$495,629	$482,186	$390,035	$13,443
2020	$487,185	$467,105	$409,294	$20,080
2019	$480,826	$477,268	$359,054	$3,558
2018	$495,555	$457,849	$412,292	$37,706

MINNESOTA INTER-COUNTY ASSOCIATION