MINNESOTA RECREATION AND PARK ASSOCIATION INC

EIN: 411227555

FRIDLEY, MN

Total Revenue
$739,673
Total Expenses
$638,643
Total Assets
$403,097
Net Assets
$276,014
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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
1960
Legal Domicile
MN
Principal Officer
MICHELLE J SNIDER
Phone
7635711305
Tax Period
2024-01-01 to 2024-12-31

MINNESOTA RECREATION AND PARK ASSOCIATION INC, founded in 1960, is a small nonprofit that reported $740K in total revenue in fiscal year 2024. Expenses of $639K left a modest 14% surplus.

Mission

IMPROVE THE QUALITY OF LIFE BY ENHANCING THE PARKS, OPEN SPACE, RECREATION, AND LEISURE SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $720,696
Investment Income $9,937
Other Revenue $9,040
TOTAL REVENUE $739,673

Expense Breakdown

Grants Paid $0
Salaries & Benefits $218,689
Fundraising Expenses $0
Program Expenses $495,670
Other Expenses $419,954
TOTAL EXPENSES $638,643

Year-over-Year Comparison

2024 2023 Change
Revenue $739,673 $696,703 +0.1%
Expenses $638,643 $689,711 -0.1%
Net Income $101,030 $6,992 +13.4%
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
15
Independent Members
15
Employees
3
Volunteers
100

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
6
$137,538
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE OKADA PRESIDENT 1.00
Officer Director
$0 $0 $0
JEROME KRIEGER PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
ERIC CARLSON PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
SONYA RIPPE TREASURER 1.00
Officer Director
$0 $0 $0
TRACY PETERSEN SECRETARY 1.00
Officer Director
$0 $0 $0
KELLY DISTAD-ARVOLD BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT HEITKAMP BOARD MEMBER 1.00
Director
$0 $0 $0
ROXANN MAXEY BOARD MEMBER 1.00
Director
$0 $0 $0
AMBER MOON PETERSON BOARD MEMBER 1.00
Director
$0 $0 $0
LYNN NEUMANN BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE RAMIREZ BOARD MEMBER 1.00
Director
$0 $0 $0
JOEY SCHUGEL BOARD MEMBER 1.00
Director
$0 $0 $0
DAN SCHULTZ BOARD MEMBER 1.00
Director
$0 $0 $0
JENNA SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
JASON WEST BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE SNIDER EXECUTIVE DIRECTOR 40.00
Officer
$119,058 $18,480 $137,538
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 $739,673 $638,643 $403,097 $101,030
2023 $696,703 $689,711 $354,501 $6,992
2022 $632,057 $670,415 $356,951 $-38,358
2021 $633,493 $555,823 $506,858 $77,670
2020 $415,704 $503,643 $423,421 $-87,939
2019 $616,909 $653,507 $425,213 $-36,598
2018 $660,414 $642,325 $354,842 $18,089
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