ASSOCIATION OF RESIDENTIAL RESOURCES IN MN INC (EIN 410993136) - 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

1970

Legal Domicile

Principal Officer

ANNA HEGLAND

Phone

6512911086

Tax Period

2024-01-01 to 2024-12-31

ASSOCIATION OF RESIDENTIAL RESOURCES IN MN INC, founded in 1970, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2024. Expenses of $2.0M left a modest 9% surplus.

Mission

ARRM LEADS THE ADVANCEMENT OF COMMUNITY-BASED SERVICES THAT SUPPORT PEOPLE WITH DISABILITIES IN THEIR PURSUIT OF MEANINGFUL LIVES.

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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 $231,193

Program Service Revenue $1,855,298

Investment Income $61,805

Other Revenue $3,360

TOTAL REVENUE $2,151,656

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,019,936

Fundraising Expenses $28,123

Program Expenses $1,782,672

Other Expenses $945,577

TOTAL EXPENSES $1,965,513

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,151,656	$2,001,219	+0.1%
Expenses	$1,965,513	$1,775,529	+0.1%
Net Income	$186,143	$225,690	-0.2%

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

200

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

$217,924

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNA HEGLAND	PRESIDENT	1.00	Officer Director	$0	$0	$0
BETH TOLLEFSON	DIRECTOR	1.00	Director	$0	$0	$0
CINDY OSTROWSKI	DIRECTOR	1.00	Director	$0	$0	$0
ERIC PEDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER O'NEILL	DIRECTOR	1.00	Director	$0	$0	$0
JOE PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ESTREM	DIRECTOR	1.00	Director	$0	$0	$0
JON NELSON	DIRECTOR	1.00	Director	$0	$0	$0
KARIN STOCKWELL	DIRECTOR	1.00	Director	$0	$0	$0
KRYSTLE LEE GLAD	BOARD DEVELOPEMENT CORDINATOR	1.00	Director	$0	$0	$0
LISA THELEN	DIRECTOR	1.00	Director	$0	$0	$0
MARGE SCHWAB	DIRECTOR	1.00	Director	$0	$0	$0
MARK DUBBELS	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE HOOEY	DIRECTOR	1.00	Director	$0	$0	$0
RHONDA PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
RITA WIERSMA	VICE PRESIDENT	1.00	Director	$0	$0	$0
STACY ROE	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVEN TURVOLD	DIRECTOR	1.00	Officer Director	$0	$0	$0
TOM GILLESPIE	TREASURER	1.00	Officer Director	$0	$0	$0
JOSH BERG	SECRETARY	1.00	Director	$0	$0	$0
ALAN BERNER	DIRECTOR	1.00	Director	$0	$0	$0
ALISON WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES HAMMILL	DIRECTOR	1.00	Director	$0	$0	$0
BRENT KROCAK	DIRECTOR	1.00	Director	$0	$0	$0
SUE SCHETTLE	CEO	40.00	Officer	$185,749	$32,175	$217,924
KENNETH BENCE	DIRECTOR OF RESEARCH, ANAL	40.00	Highest	$119,667	$22,301	$141,968
SARA GRAFSTROM	SENIOR DIRECTOR OF STATE &	40.00	Highest	$124,824	$13,695	$138,519
ASHLEY WEAR	SENIOR DIRECTOR OF MEMBER SERVICES	40.00	Highest	$102,995	$12,605	$115,600

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	$2,151,656	$1,965,513	$2,310,194	$186,143
2023	$2,001,219	$1,775,529	$2,088,930	$225,690
2022	$1,811,916	$1,512,928	$1,915,421	$298,988
2021	$1,649,290	$1,537,889	$1,411,327	$111,401
2020	$1,448,982	$1,242,512	$1,162,015	$206,470
2019	$1,551,339	$1,482,201	$1,098,200	$69,138
2018	$1,548,938	$1,703,303	$1,390,845	$-154,365

ASSOCIATION OF RESIDENTIAL RESOURCES IN MN INC