RONALD MCDONALD HOUSE CHARITIES MI… - Form 990 Financial Data

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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

1979

Legal Domicile

Principal Officer

NICK MUELLER

Phone

5072823955

Tax Period

2024-01-01 to 2024-12-31

RONALD MCDONALD HOUSE CHARITIES MIDWEST MN WI IA, founded in 1979, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2024. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 44% operating margin.

Mission

TO PROVIDE A "HOME AWAY FROM HOME AND OFFER SUPPORT TO FAMILIES SEEKING MEDICAL CARE FOR THEIR CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $3,199,641 Revenue: $217,051

THE RONALD MCDONALD HOUSE OF ROCHESTER, MN PROVIDES A HOME AWAY FROM HOME AND CARING SUPPORT TO FAMILIES SEEKING MEDICAL CARE FOR THEIR CHILDREN. FOR FORTY YEARS, WE HAVE SERVED FAMILIES FROM ACROSS THE UNITED STATES AND FROM AROUND THE WORLD ONE FAMILY AT A TIME. A CHILD'S MEDICAL TREATMENT IMPACTS THE ENTIRE FAMILY, AND RONALD MCDONALD HOUSE WORKS TO KEEP FAMILIES TOGETHER DURING DIFFICULT DAYS AND LONG NIGHTS. RONALD MCDONALD HOUSE, WITH THE SUPPORT OF OUR FOUNDING MISSION PARTNER MCDONALD'S, RELIES UPON THE GENEROSITY OF A CARING COMMUNITY AND THE DEDICATION OF COMMITTED VOLUNTEERS TO ADVANCE OUR MISSION.

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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 $5,456,581

Program Service Revenue $217,051

Investment Income $707,634

Other Revenue $282,655

TOTAL REVENUE $6,663,921

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $1,539,523

Fundraising Expenses $287,470

Program Expenses $3,199,641

Other Expenses $2,194,065

TOTAL EXPENSES $3,735,088

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,663,921	$3,706,517	+0.8%
Expenses	$3,735,088	$3,607,246	+0.0%
Net Income	$2,928,833	$99,271	+28.5%

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

265

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

$206,331

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COREY HEIMER	PAST CHAIR	0.30	Officer Director	$0	$0	$0
ASHTON BOON	BOARD CHAIR	0.30	Officer Director	$0	$0	$0
CHRIS RYAN	TREASURER	0.30	Officer Director	$0	$0	$0
LINDSAY YOUNG	SECRETARY	0.30	Officer Director	$0	$0	$0
JEFF BROWN	VICE CHAIR	0.30	Officer Director	$0	$0	$0
HILARY R STONELAKE-CURTIS	DIRECTOR	0.10	Director	$0	$0	$0
KATHY LOMBARDO	DIRECTOR	0.12	Director	$0	$0	$0
MIKE GYARMATY	DIRECTOR	0.12	Director	$0	$0	$0
CRAIG DANIELS	DIRECTOR	0.12	Director	$0	$0	$0
BRUCE BONNICKSEN	DIRECTOR	0.12	Director	$0	$0	$0
F KENNETH ACKERMAN	DIRECTOR	0.12	Director	$0	$0	$0
BRIAN LEARY	DIRECTOR	0.12	Director	$0	$0	$0
WENDY LOMMEN	DIRECTOR	0.12	Director	$0	$0	$0
BRIAN ELLSWORTH	DIRECTOR	0.12	Director	$0	$0	$0
JACOB MALWITZ	DIRECTOR	0.12	Director	$0	$0	$0
CHRIS COLBY	DIRECTOR	0.12	Director	$0	$0	$0
ED STANLEY	DIRECTOR	0.12	Director	$0	$0	$0
MICHELLE FAGAN	DIRECTOR	0.30	Director	$0	$0	$0
AL KUBLY	DIRECTOR	0.12	Director	$0	$0	$0
NADIA LAACK	DIRECTOR	0.12	Director	$0	$0	$0
KATIE POST	DIRECTOR	0.12	Director	$0	$0	$0
JILL ROCK	DIRECTOR	0.30	Director	$0	$0	$0
MIKE ZINSER	DIRECTOR	0.12	Director	$0	$0	$0
BECKY WENDLAND	DIRECTOR	0.12	Director	$0	$0	$0
ELTON MOSMAN	DIRECTOR	0.12	Director	$0	$0	$0
NICK MUELLER	CHIEF EXECUTIVE OFFICER	40.00	Officer	$178,896	$27,435	$206,331

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	$6,663,921	$3,735,088	$30,632,069	$2,928,833
2023	$3,706,517	$3,607,246	$27,352,347	$99,271
2022	$4,440,454	$3,223,303	$26,472,033	$1,217,151
2021	$3,630,445	$2,940,166	$26,737,423	$690,279
2020	$2,632,279	$2,644,340	$26,262,087	$-12,061
2019	$2,075,728	$2,597,802	$25,569,126	$-522,074
2019	$2,075,728	$2,597,802	$25,569,126	$-522,074
2018	$6,522,553	$1,910,004	$25,283,676	$4,612,549

RONALD MCDONALD HOUSE CHARITIES MIDWEST MN WI IA