Village Schools of the Bible Inc

EIN: 411458545 501(c)(3) Education

Minneapolis, MN

Total Revenue
$353,932
Total Expenses
$353,711
Total Assets
$154,115
Net Assets
$153,820
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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
MN
Phone
9525409460
Tax Period
2023-07-01 to 2024-06-30

Village Schools of the Bible Inc, founded in 1983, is a small nonprofit in the Education sector that reported $354K in total revenue in fiscal year 2023.

Mission

Instruction in Bible Study

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $302,898
Program Service Revenue $51,034
Investment Income $0
Other Revenue $0
TOTAL REVENUE $353,932

Expense Breakdown

Grants Paid $0
Salaries & Benefits $206,801
Fundraising Expenses $0
Program Expenses $277,844
Other Expenses $146,910
TOTAL EXPENSES $353,711

Year-over-Year Comparison

2023 2022 Change
Revenue $353,932 $370,231 0.0%
Expenses $353,711 $391,841 -0.1%
Net Income $221 $-21,610 -1.0%
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

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Governance

Voting Members
7
Independent Members
7
Employees
4
Volunteers
3

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
1
$0
Total Directors
7
$78,000
Key Employees
2
$129,640
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Liza Halverson Board Member/Treasurer 0.75
Officer Director
$0 $0 $0
Warwick Alcock Director Strategic Operations 40.00
Key Emp
$51,640 $0 $51,640
Laurie Besonen Executive Director 40.00
Director Key Emp
$78,000 $0 $78,000
Tom Dahlquist Board Member 0.75
Director
$0 $0 $0
Gretchen Englund Secretary 0.75
Director
$0 $0 $0
David Viland Chair 0.75
Director
$0 $0 $0
Dean Engebretson Deputy Chair 0.75
Director
$0 $0 $0
Titus Wanyonyl Board Member 0.75
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
2024 $353,932 $353,711 $154,115 $221
2023 $370,231 $391,841 $178,626 $-21,610
2022 $363,787 $339,401 $199,162 $24,386
2021 $300,171 $368,627 $194,217 $-68,456
2020 $274,634 $360,269 $229,295 $-85,635
2019 $344,203 $300,247 $141,435 $43,956
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