Harry Meyering Center Inc

EIN: 411000591 501(c)(3) Human Services

Mankato, MN

Total Revenue
$11,560,093
Total Expenses
$12,584,158
Total Assets
$16,316,890
Net Assets
$15,136,358
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MN
Principal Officer
Jen Drganc
Phone
5073878281
Tax Period
2023-01-01 to 2023-12-31

Harry Meyering Center Inc, founded in 1974, is a mid-sized nonprofit in the Human Services sector that reported $11.6M in total revenue in fiscal year 2023.

Mission

To provide residential support and/or services to adults with developmental and other disabilities.

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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 $24,620
Program Service Revenue $11,450,869
Investment Income $81,398
Other Revenue $3,206
TOTAL REVENUE $11,560,093

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,580,969
Fundraising Expenses $0
Program Expenses $11,660,828
Other Expenses $3,003,189
TOTAL EXPENSES $12,584,158

Year-over-Year Comparison

2023 2022 Change
Revenue $11,560,093 $12,073,288 0.0%
Expenses $12,584,158 $11,614,829 +0.1%
Net Income $-1,024,065 $458,459 -3.2%
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

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Governance

Voting Members
11
Independent Members
11
Employees
453
Volunteers
32

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
7
$204,076
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lynn Klaber Director 0.35
Director
$0 $0 $0
Richard Ringler Treasurer 0.35
Officer Director
$0 $0 $0
Wayne Murra Director 0.35
Director
$0 $0 $0
Dawn Campbell Director 0.35
Director
$0 $0 $0
Lynnette Engeswick President 0.35
Officer Director
$0 $0 $0
Deb Salmon Secretary 0.35
Officer Director
$0 $0 $0
Kim Literovich Director 0.35
Director
$0 $0 $0
Ann Hendricks President - Former 0.35
Officer Director
$0 $0 $0
Sara Carrigan Director 0.35
Director
$0 $0 $0
Kim Mueller President - Elect 0.35
Officer Director
$0 $0 $0
John Lustig Director 0.35
Director
$0 $0 $0
Linda Leiding Executive Director 40.00
Officer
$114,175 $11,291 $125,466
Jennifer Drganc Operations Director 40.00
Officer
$74,259 $4,351 $78,610
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 No data No data No data No data
2023 $11,560,093 $12,584,158 $16,316,890 $-1,024,065
2022 $12,073,288 $11,614,829 $17,115,481 $458,459
2021 $13,887,257 $11,750,463 $16,984,389 $2,136,794
2020 $12,866,090 $11,666,483 $16,391,238 $1,199,607
2019 $11,783,380 $11,417,665 $13,243,532 $365,715
2018 $10,901,942 $10,394,161 $12,366,701 $507,781
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