COMMUNITY CHARITIES OF MINNESOTA (EIN 411428308) - 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

1982

Legal Domicile

Principal Officer

GENE GLORVIGEN

Phone

5073861934

Tax Period

2023-08-01 to 2024-07-31

COMMUNITY CHARITIES OF MINNESOTA, founded in 1982, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.8M in total revenue in fiscal year 2023. Expenses of $2.6M left a modest 5% surplus.

Mission

TO PROVIDE BENEFITS TO YOUTH AND OTHER CHARITABLE ORGANIZATIONS WITH FUNDS FROM OUR FUNDRAISING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $31,138

Program Service Revenue $0

Investment Income $1,306

Other Revenue $2,744,973

TOTAL REVENUE $2,777,417

Expense Breakdown

Grants Paid $674,428

Salaries & Benefits $0

Fundraising Expenses $1,927,311

Program Expenses $674,688

Other Expenses $1,962,346

TOTAL EXPENSES $2,636,774

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,777,417	N/A	N/A
Expenses	$2,636,774	N/A	N/A
Net Income	$140,643	N/A	N/A

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

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

$58,331

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GENE GLORVIGEN	PRESIDENT	2.00	Officer Director	$0	$0	$0
KAREN WILSON	TREASURER	2.00	Officer Director	$0	$0	$0
RICHARD BRAMMER	BOARD MEMBER	2.00	Director	$0	$0	$0
PAMELA DEMARCE	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSH HODNEY	BOARD MEMBER	2.00	Director	$0	$0	$0
MIRANDA QUANDT	GAMBLING MAN	40.00	Officer	$58,331	$0	$58,331

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	$2,777,417	$2,636,774	$1,218,915	$140,643
2023	$2,860,689	$2,784,305	$1,127,739	$76,384
2022	$939,578	$886,503	$661,478	$53,075
2021	$753,839	$650,252	$635,112	$103,587
2020	$554,240	$459,779	$511,896	$94,461
2019	$1,577,641	$1,588,756	$391,204	$-11,115
2018	$1,230,649	$1,221,462	$398,095	$9,187

COMMUNITY CHARITIES OF MINNESOTA