Minnesota Corn Growers Association (EIN 411369512) - 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

1978

Legal Domicile

Principal Officer

Adam Birr

Phone

9522330333

Tax Period

2024-10-01 to 2025-09-30

Minnesota Corn Growers Association, founded in 1978, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

Identify and promote opportunities for corn growers while enhancing quality of life.

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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 $1,000

Program Service Revenue $4,989,748

Investment Income $131,999

Other Revenue $0

TOTAL REVENUE $5,122,747

Expense Breakdown

Grants Paid $865,575

Salaries & Benefits $1,801,177

Fundraising Expenses $0

Other Expenses $2,584,276

TOTAL EXPENSES $5,251,028

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,122,747	$5,564,983	-0.1%
Expenses	$5,251,028	$5,616,571	-0.1%
Net Income	$-128,281	$-51,588	+1.5%

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

450

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

$474,349

Total Directors

$121,712

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Kanten	President	15.00	Officer Director	$11,700	$0	$11,700
Wesley Beck	Vice President	5.00	Officer Director	$12,932	$0	$12,932
Todd Wentzel	Treasurer	5.00	Officer Director	$9,068	$0	$9,068
Rob Tate	Secretary	5.00	Officer Director	$6,820	$0	$6,820
Bryan Biegler	Board Member	2.00	Director	$4,150	$0	$4,150
Angela Guentzel	Board Member	2.00	Director	$7,275	$0	$7,275
Dana Allen-Tully	Board Member	2.00	Director	$7,218	$0	$7,218
Blair Hoseth	Board Member	2.00	Director	$5,745	$0	$5,745
Brad Neumann	Board Member	2.00	Director	$5,515	$0	$5,515
James Johnstad	Board Member	2.00	Director	$3,930	$0	$3,930
Tim Waibel	Board Member	2.00	Director	$3,570	$0	$3,570
Nathan Serbus	Board Member	2.00	Director	$3,958	$0	$3,958
DJ Van Klompenburg	Board Member	2.00	Director	$3,710	$0	$3,710
Harold Wolle	Board Member	4.00	Director	$14,025	$0	$14,025
Clayton Johnson	Board Member	2.00	Director	$4,060	$0	$4,060
Gregg Muehler	Board Member	2.00	Director	$4,563	$0	$4,563
Nick Peterson	Board Member	2.00	Director	$6,943	$0	$6,943
Richard Syverson	Board Member	2.00	Director	$6,530	$0	$6,530
Adam Birr	Executive Director/CEO	50.00	Officer	$268,416	$37,583	$305,999
Wuraola Olusanya-Oyebamiji	Sr. Finance Director/CFO	50.00	Officer	$120,027	$7,803	$127,830
Barbara Boelk	Sr. Communications Director	50.00	Highest	$101,865	$5,565	$107,430
Amanda Bilek	Sr. Public Policy Director	50.00	Highest	$125,051	$21,538	$146,589
Melissa Gilbertson	Director of Grower Svcs and Ops	50.00	Highest	$100,977	$14,508	$115,485

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	$5,122,747	$5,251,028	$3,635,166	$-128,281
2024	$5,564,983	$5,616,571	$4,060,281	$-51,588
2023	$5,635,866	$5,784,893	$3,818,427	$-149,027
2022	$6,629,781	$6,738,061	$3,976,064	$-108,280
2021	$5,971,118	$6,183,836	$4,037,719	$-212,718
2020	$5,494,392	$5,750,645	$4,637,072	$-256,253
2019	$6,156,214	$6,040,604	$4,284,488	$115,610
2018	$5,836,574	$5,770,745	$4,161,466	$65,829

Minnesota Corn Growers Association