MINNESOTA ASSOCIATION OF VETERINARY TECH (EIN 411502841) - 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

1985

Legal Domicile

Principal Officer

HEIDI HOLSTE

Phone

6127081982

Tax Period

2021-06-01 to 2022-05-31

MINNESOTA ASSOCIATION OF VETERINARY TECH, founded in 1985, is a micro nonprofit that reported $90K in total revenue in fiscal year 2021. Revenue surged 555% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26K, a strong 29% operating margin.

Mission

TO ADVANCE AND STRENGTHEN THE EDUCATION AND TRAINING OF VET TECHS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $89,325

Investment Income $162

Other Revenue $92

TOTAL REVENUE $89,579

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $59,022

TOTAL EXPENSES $64,022

Year-over-Year Comparison

	2021	2020	Change
Revenue	$89,579	$13,682	+5.5%
Expenses	$64,022	$11,169	+4.7%
Net Income	$25,557	$2,513	+9.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA NELLESSEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
LESLIE KOLLMANN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JULIE LEGRED	TREASURER	5.00	Officer Director	$0	$0	$0
METTINE UNRUH	SECRETARY	5.00	Officer Director	$0	$0	$0
JESSICA JOHNSON	STATE REPRESENTATIVE	5.00	Director	$0	$0	$0
NICOLE NIEMAN	FORMER PRESIDENT	5.00	Officer Director	$0	$0	$0
KELLY BENSON	FORMER VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MERI KOSMAN	FORMER STATE REPRESENTATIVE	5.00	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
2022	$89,579	$64,022	$505,829	$25,557

MINNESOTA ASSOCIATION OF VETERINARY TECH