Dakota's Adults Inc

EIN: 411328798 501(c)(3) Mental Health

Mendota Heights, MN

Total Revenue
$220,073
Total Expenses
$218,477
Total Assets
N/A
Net Assets
N/A
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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
1978
Legal Domicile
MN
Principal Officer
Thomas Gillespie
Phone
6512425113
Tax Period
2021-01-01 to 2021-12-31

Dakota's Adults Inc, founded in 1978, is a small nonprofit in the Mental Health sector that reported $220K in total revenue in fiscal year 2021. Revenue fell 85% from the prior year — a significant decline worth monitoring.

Mission

To deliver exceptional services that transform the lives of people impacted with 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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $220,073
Investment Income $0
Other Revenue $0
TOTAL REVENUE $220,073

Expense Breakdown

Grants Paid $0
Salaries & Benefits $162,330
Fundraising Expenses $0
Program Expenses $216,302
Other Expenses $56,147
TOTAL EXPENSES $218,477

Year-over-Year Comparison

2021 2020 Change
Revenue $220,073 $1,460,315 -0.8%
Expenses $218,477 $1,413,358 -0.8%
Net Income $1,596 $46,957 -1.0%
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
14
Independent Members
14
Employees
N/A
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
8
$527,696
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rodney Carlson COO Interim President/CEO (Thru 2/8/21) 1.90
Officer
$0 $7,641 $203,261
Thomas Gillespie President/CEO (As of 2/8/21) 1.90
Officer
$0 $17,537 $200,712
Ghazi Akailvi Chief Financial Officer 1.90
Officer
$0 $4,145 $123,723
Paul Hillen Chair 0.10
Officer Director
$0 $0 $0
Kevin Pleasant Vice Chair 0.10
Officer Director
$0 $0 $0
Michael Morrow Treasurer 0.10
Officer Director
$0 $0 $0
JoAnne Zoff Secretary 0.10
Officer Director
$0 $0 $0
Melissa Bayne Immediate Past Chair 0.10
Officer Director
$0 $0 $0
Dennis Jolley At Large Director 0.10
Director
$0 $0 $0
Anne Losby At Large Director 0.10
Director
$0 $0 $0
Jay Johnson Director 0.10
Director
$0 $0 $0
Herve Gindre Director 0.10
Director
$0 $0 $0
Kevin Reilly Director 0.10
Director
$0 $0 $0
Susan Leppke Director 0.10
Director
$0 $0 $0
Rob Wagner Director 0.10
Director
$0 $0 $0
Judy Marder Director 0.10
Director
$0 $0 $0
Vince Opat Director 0.10
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
2021 $220,073 $218,477 No data $1,596
2020 $1,460,315 $1,413,358 $666,746 $46,957
2019 $1,211,960 $1,247,481 $590,632 $-35,521
2018 $1,219,303 $1,158,561 $478,656 $60,742
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