SERVICE ENTERPRISES INC OF MINNESO… - Form 990 Financial Data

🔒

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

2010

Legal Domicile

Principal Officer

KARIN RAMEY

Phone

5076373503

Tax Period

2024-01-01 to 2024-12-31

SERVICE ENTERPRISES INC OF MINNESOTA, founded in 2010, is a community nonprofit in the Employment sector that reported $1.0M in total revenue in fiscal year 2024. Expenses of $897K left a modest 11% surplus.

Mission

SERVICE ENTERPRISES, INC. OF MINNESOTA THROUGH EFFECTIVE PARTNERSHIPS, PROVIDES QUALITY VOCATIONAL TRAINING, JOB OPPORTUNITIES, HABILITATIVE AND OTHER SERVICES TO INDIVIDUALS WITH DISABILITIES TO PROMOTE THEIR INDEPENDENCE AND ACTIVE PARTICIPATION IN THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $35,554 Revenue: $45,737

THE EE COMMUNITY/SUPPORTED EMPLOYMENT PROGRAM PROVIDES EMPLOYMENT SUPPORT SERVICES TO INDIVIDUALS WITH PHYSICAL, COGNITIVE, AND MENTAL DISABILITIES TO MAINTAIN AND IMPROVE THEIR VOCATIONAL...

THE EE COMMUNITY/SUPPORTED EMPLOYMENT PROGRAM PROVIDES EMPLOYMENT SUPPORT SERVICES TO INDIVIDUALS WITH PHYSICAL, COGNITIVE, AND MENTAL DISABILITIES TO MAINTAIN AND IMPROVE THEIR VOCATIONAL FUNCTIONING, INCREASE EARNINGS AND ACHIEVE COMPETITIVE EMPLOYMENT.

Program 2

Expenses: $659,073 Revenue: $833,274

THE DD AND CADI WAIVER DAY SUPPORTS AND EMPLOYMENT PROGRAMS PROMOTE ACHIEVEMENT OF BOTH INDIVIDUAL AND VOCATIONAL GOALS, INCLUDING EMPLOYMENT IN THE COMMUNITY IN AN INTEGRATED SETTING. OTHER PROGRAM...

Program 3

Expenses: $18,782 Revenue: $56,296

THE FEE FOR SERVICE PROGRAM PROVIDES INDIVIDUALIZED SUPPORT FOR A PERSON THAT QUALIFIES FOR SERVICES UNDER VOCATIONAL REHABILITATION SERVICES. INDIVIDUALS PARTICIPATE IN WORK EVALUATION ACTIVITIES...

THE FEE FOR SERVICE PROGRAM PROVIDES INDIVIDUALIZED SUPPORT FOR A PERSON THAT QUALIFIES FOR SERVICES UNDER VOCATIONAL REHABILITATION SERVICES. INDIVIDUALS PARTICIPATE IN WORK EVALUATION ACTIVITIES, AND ARE PROVIDED SUPPORT IN JOB DEVELOPMENT AND JOB PLACEMENT SERVICE LEADING TO COMPETITIVE EMPLOYMENT.

🔒

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 $21,286

Program Service Revenue $935,307

Investment Income $19,940

Other Revenue $29,858

TOTAL REVENUE $1,006,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $646,414

Fundraising Expenses $0

Program Expenses $713,409

Other Expenses $250,721

TOTAL EXPENSES $897,135

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,006,391	$973,854	+0.0%
Expenses	$897,135	$902,819	0.0%
Net Income	$109,256	$71,035	+0.5%

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

$70,418

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA MERKEL	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DAVID WIDMAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ERIN KLETSCHER	SECRETARY	1.00	Officer Director	$0	$0	$0
DON HAZEN	TREASURER	1.00	Officer Director	$0	$0	$0
YVONNE GIRARD	DIRECTOR	0.50	Director	$0	$0	$0
REV SCOTT PROUTY	DIRECTOR	0.50	Director	$0	$0	$0
JACKIE FERRIER	DIRECTOR	0.50	Director	$0	$0	$0
DONNA HANLON	DIRECTOR	0.50	Director	$0	$0	$0
MARGIE BUCKLEY	DIRECTOR	0.50	Director	$0	$0	$0
KARIN RAMEY	EXECUTIVE DIRECTOR	40.00	Officer	$70,418	$0	$70,418

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	No data	No data	No data	No data
2024	$1,006,391	$897,135	$1,852,186	$109,256
2023	$973,854	$902,819	$1,780,619	$71,035
2022	$959,885	$920,841	$1,743,169	$39,044
2021	$1,216,633	$846,299	$1,747,765	$370,334
2020	$752,671	$900,754	$1,572,860	$-148,083
2019	$957,502	$1,024,764	$1,453,455	$-67,262
2018	$982,560	$1,082,217	$1,500,595	$-99,657

SERVICE ENTERPRISES INC OF MINNESOTA