ST PAUL, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MINNESOTA FOUNDATION FOR FISCAL EXCELLENCE, founded in 1983, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $74K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $204K exceeded revenue, resulting in a 175% operating deficit.
TO PROVIDE OBJECTIVE RESEARCH AND ANALYSIS ON STATE AND LOCAL TAX AND SPENDING ISSUES IN SUPPORT OF EFFECTIVE, EFFICIENT, AND ACCOUNTABLE GOVERNMENT. THIS ORGANIZATION IS A SUPPORTING ORGANIZATION OF THE MINNESOTA CENTER FOR FISCAL EXCELLENCE, A TAX-EXEMPT CORPORATION.
THE ORGANIZATION WORKED FOR SOUND FISCAL POLICIES, ESTABLISHED MORE EFFICIENT GOVERNMENTAL POLICIES AND PRACTICES, AND CONTRIBUTED INFORMATION TO THE CITIZENS AND TAXPAYERS OF THE STATE OF MINNESOTA...
THE ORGANIZATION WORKED FOR SOUND FISCAL POLICIES, ESTABLISHED MORE EFFICIENT GOVERNMENTAL POLICIES AND PRACTICES, AND CONTRIBUTED INFORMATION TO THE CITIZENS AND TAXPAYERS OF THE STATE OF MINNESOTA ON THE AFFAIRS OF THEIR GOVERNMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $74,212 | $93,536 | -0.2% |
| Expenses | $204,169 | $48,659 | +3.2% |
| Net Income | $-129,957 | $44,877 | -3.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARK HAVEMAN | EXECUTIVE DIRECTOR | 10.00 |
Officer
Director
|
$0 | $3,766 | $129,310 |
| ANDREW BOSL | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS GOTTWALT | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAN PETERSON | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| DAN LORITZ | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| SARAH GETTE | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $74,212 | $204,169 | $611,822 | $-129,957 |
| 2023 | $93,536 | $48,659 | $669,423 | $44,877 |
| 2022 | $62,808 | $70,265 | $585,671 | $-7,457 |
| 2021 | $67,381 | $69,959 | $657,946 | $-2,578 |
| 2020 | $88,403 | $42,946 | $576,421 | $45,457 |
Compare MINNESOTA FOUNDATION FOR FISCAL EXCELLENCE with other nonprofits in Minnesota and across the country.