Minnesota Society of Professional … - 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

1967

Legal Domicile

Principal Officer

Virginia Winberg

Phone

9524794204

Tax Period

2024-10-01 to 2025-09-30

Minnesota Society of Professional Surveyors Inc, founded in 1967, is a small nonprofit that reported $316K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $60K, a strong 19% operating margin.

Mission

To provide educational materials and services to further advance the standards of professional surveyors.

Program Service Accomplishments

Program 1

Produced surveyor educational material and held workshops in order to advance the standards of professional surveyors.

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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 $0

Program Service Revenue $288,368

Investment Income $25,467

Other Revenue $2,444

TOTAL REVENUE $316,279

Expense Breakdown

Grants Paid $5,368

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $251,345

TOTAL EXPENSES $256,713

Year-over-Year Comparison

	2024	2023	Change
Revenue	$316,279	$253,712	+0.2%
Expenses	$256,713	$272,358	-0.1%
Net Income	$59,566	$-18,646	-4.2%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jesse Zeig	President	7.00	Officer Director	$0	$0	$0
Sam Gibson	President-Elect	7.00	Officer Director	$0	$0	$0
Virginia Winberg	Past President	7.00	Officer Director	$0	$0	$0
Nichole Dimick	Secretary	7.00	Officer Director	$0	$0	$0
Peter Oetliker	Treasurer	7.00	Officer Director	$0	$0	$0
Marcus Hampton	NSPS Director	7.00	Officer Director	$0	$0	$0
Tony Palcich	Director	7.00	Director	$0	$0	$0
Tim Holperin	Director	7.00	Director	$0	$0	$0
Patrick Johanneck	Director	7.00	Director	$0	$0	$0
Jay Wittstock	Director	7.00	Director	$0	$0	$0
Scott Marlin	Director	7.00	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
2025	$316,279	$256,713	$476,817	$59,566
2024	$253,712	$272,358	$413,173	$-18,646
2023	$304,182	$295,709	$356,710	$8,473
2022	$311,998	$241,362	$365,562	$70,636
2021	$231,598	$153,351	$350,602	$78,247
2020	$281,980	$232,577	$263,390	$49,403
2019	$291,772	$274,458	$207,261	$17,314
2018	$275,069	$291,832	$225,708	$-16,763

Minnesota Society of Professional Surveyors Inc