MID-MINNESOTA BUILDERS ASSOCIATION (EIN 411454501) - 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

1983

Legal Domicile

Principal Officer

JUSTIN BERG

Phone

2188294982

Tax Period

2023-01-01 to 2023-12-31

MID-MINNESOTA BUILDERS ASSOCIATION, founded in 1983, is a small nonprofit that reported $165K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $181K exceeded revenue, resulting in a 10% operating deficit.

Mission

FOSTER A HEALTHY BUSINESS ENVIRONMENT FOR THE BUILDING INDUSTRY

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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 $1,000

Program Service Revenue $140,128

Investment Income $8,567

Other Revenue $14,826

TOTAL REVENUE $164,521

Expense Breakdown

Grants Paid $6,700

Salaries & Benefits $60,524

Fundraising Expenses $0

Other Expenses $114,271

TOTAL EXPENSES $181,495

Year-over-Year Comparison

	2023	2022	Change
Revenue	$164,521	$143,535	+0.1%
Expenses	$181,495	$162,343	+0.1%
Net Income	$-16,974	$-18,808	-0.1%

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

$56,291

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN BERG	PRESIDENT	4.00	Officer Director	$0	$0	$0
KEVIN KLEINSCHMIDT	BUILDER VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
JEFF HANSON	BUILDER VICE PRESIDENT (THROUGH JAN)	4.00	Officer Director	$0	$0	$0
ROD PIERZINSKI	ASSOCIATE VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
MIKE RODAHL	DIRECTOR	0.50	Director	$0	$0	$0
KELLY MASBERG	DIRECTOR	0.50	Director	$0	$0	$0
GERRY TRAUT	DIRECTOR	0.50	Director	$0	$0	$0
COLLEEN M FAACKS	EXECUTIVE DIRECTOR	40.00	Officer	$56,291	$0	$56,291

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	No data	No data	No data	No data
2023	$164,521	$181,495	$218,816	$-16,974
2022	$143,535	$162,343	$203,448	$-18,808
2021	$221,779	$191,079	$255,028	$30,700
2020	$181,947	$243,240	$224,976	$-61,293
2019	$291,630	$297,594	$230,067	$-5,964
2018	$319,055	$298,491	$219,068	$20,564

MID-MINNESOTA BUILDERS ASSOCIATION