MINNESOTA ALLIANCE FOR VOLUNTEER ADVANCEMENT (EIN 411463366) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

KARMIT BULMAN

Phone

6515053384

Tax Period

2023-01-01 to 2023-12-31

MINNESOTA ALLIANCE FOR VOLUNTEER ADVANCEMENT, founded in 2001, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 112% from the prior year, signaling strong growth momentum.

Mission

MAVA ADVANCES THE POWER OF VOLUNTEERISM TO DEEPEN COMMUNITY IMPACT THROUGH UPLIFTING COMMUNITY VOICE, BUILDING CONNECTIONS, PROVIDING EDUCATION, AND PROMOTING ADVOCACY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,075,293

Program Service Revenue $163,461

Investment Income $1,221

Other Revenue $0

TOTAL REVENUE $1,239,975

Expense Breakdown

Grants Paid $593,569

Salaries & Benefits $530,848

Fundraising Expenses $1,080

Program Expenses $1,193,934

Other Expenses $204,475

TOTAL EXPENSES $1,328,892

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,239,975	$585,059	+1.1%
Expenses	$1,328,892	$655,175	+1.0%
Net Income	$-88,917	$-70,116	+0.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$402,169

Total Directors

$750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH WINDHAM	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
NIILA HEBERT	PAST CHAIR	2.00	Officer Director	$400	$0	$400
LIZ ERSTAD-HICKS	TREASURER	2.00	Officer Director	$0	$0	$0
CAIRN REISCH	SECRETARY	2.00	Officer Director	$0	$0	$0
RODRICK FIELDS	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN CANNON	DIRECTOR	2.00	Director	$0	$0	$0
SALLY NEWBURY	DIRECTOR	2.00	Director	$0	$0	$0
JEN THORSON	DIRECTOR	2.00	Director	$0	$0	$0
JETTA WIEDEMEIER BOWER	DIRECTOR	2.00	Director	$0	$0	$0
MATT LEWELLYN-OTTEN	DIRECTOR	2.00	Director	$0	$0	$0
ROJO ADRIMIHAJA	DIRECTOR	2.00	Director	$350	$0	$350
KARMIT BULMAN	EXECUTIVE DIRECTOR	40.00	Officer	$99,125	$7,375	$106,500
PAULINE ROACH	PROGRAM DIRECTOR	40.00	Officer	$60,000	$1,800	$61,800
HOLLY DANIELS	TRAINING DIRECTOR	40.00	Officer	$56,000	$11,481	$67,481
MAUREEN BOURGEOIS	PROGRAM DIRECTOR	40.00	Officer	$55,000	$7,225	$62,225
MICHAEL NGUYEN	DEI DIRECTOR	40.00	Officer	$52,962	$1,589	$54,551
MADISON MCGEFFERS	MEMBERSHIP MANAGER	40.00	Officer	$47,491	$1,721	$49,212

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	$1,239,975	$1,328,892	$382,064	$-88,917
2022	$585,059	$655,175	$391,112	$-70,116
2021	$788,270	$647,325	$472,390	$140,945
2020	$471,382	$492,625	$388,783	$-21,243
2019	$438,028	$506,753	$339,233	$-68,725
2018	$454,343	$551,345	$398,937	$-97,002

MINNESOTA ALLIANCE FOR VOLUNTEER ADVANCEMENT