MINNESOTA TEACHERS OF ENGLISH TO S… - 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

1987

Legal Domicile

Principal Officer

CATHERINE CLEMENTS

Phone

6512142027

Tax Period

2024-01-01 to 2024-12-31

MINNESOTA TEACHERS OF ENGLISH TO SPEAKERS OF OTHER LANGUAGES, founded in 1987, is a small nonprofit in the Education sector that reported $231K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $203K left a modest 12% surplus.

Mission

MINNETESOL IS A PROFESSIONAL ORGANIZATION FOR THE SUPPORT AND PROFESSIONAL DEVELOPMENT OF TEACHERS OF ENGLISH

Program Service Accomplishments

Program 1

Expenses: $212,368 Revenue: $231,474

MINNETESOL ORGANIZED A REGIONAL CONFERENCE WHICH ALLOWED THEM TO SHARE RESEARCH RESULTS, COLLABORATIONS OF STRATEGIES AND TEACHING MEATHODS, AS WELL AS NETWORKING WITH OTHER TEACHERS OF ENGLISH. THE CONFERENCE INCLUDED AN EXHIBITION OF TEXTS AND MATERIALS. PROVIDED VARIOUS TRAVEL GRANTS FOR MEMBERS TO ATTEND CONFERENCES IN THE AREA AS WELL AS THE NATL TESOL CONFERENCE. ORGANIZED VARIOUS PROFESSIONAL DEVELOPMENT WORKSHOPS WITH DISTINGUISHED PRACTITIONERS AND RESEARCHS IN THE FIELD.

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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 $231,302

Program Service Revenue $0

Investment Income $173

Other Revenue $0

TOTAL REVENUE $231,475

Expense Breakdown

Grants Paid $5,380

Salaries & Benefits $15,450

Fundraising Expenses $148,063

Program Expenses $212,368

Other Expenses $174,353

TOTAL EXPENSES $202,868

Year-over-Year Comparison

	2024	2023	Change
Revenue	$231,475	$255,207	-0.1%
Expenses	$202,868	$216,842	-0.1%
Net Income	$28,607	$38,365	-0.3%

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

N/A

Independent Members

N/A

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

$15,450

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHERINE CLEMENTS	EXECUTIVE ASSISTANT	10.00	Officer	$15,450	$0	$15,450
QURINA SLAYHI	PRESIDENT	2.00	Officer	$0	$0	$0
ALONSO JAQUE PINO	1ST VICE PRESIDENT	2.00	Officer	$0	$0	$0
AMY YOUNG	2ND VICE PRESIDENT	2.00	Officer	$0	$0	$0
MYRNA ABREGO	3RD VICE PRESIDENT	2.00	Officer	$0	$0	$0
NICK REISHUS	TREASURER	2.00	Officer	$0	$0	$0
HOLLY KRECH THOMAS	SECRETARY	2.00	Officer	$0	$0	$0
ALLISON STEPHENS	MEMBERSHIP RELATIONS DIRECTOR	2.00	Officer	$0	$0	$0
PATI LAGOS	EXTERNAL RELATIONS DIRECTOR	2.00	Officer	$0	$0	$0
VALORIE AROWSMITH	MID CENTRAL REGIONAL OFFICER	2.00	Officer	$0	$0	$0
SUZANNE GILCHRIST MCCURDY	MINNETESOL JOURNAL REPRESENTATIVE	2.00	Officer	$0	$0	$0
HOLLEY KRECH THOMAS	MINNETESOL JOURNAL REP	2.00	Key Emp	$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
2024	$231,475	$202,868	$129,621	$28,607
2023	$255,207	$216,842	$101,014	$38,365
2019	$204,853	$170,671	$130,920	$34,182
2018	$231,882	$201,213	$102,800	$30,669

MINNESOTA TEACHERS OF ENGLISH TO SPEAKERS OF OTHER LANGUAGES