Corcoran Neighborhood Organization

EIN: 411535894 501(c)(3) Housing & Shelter

Minneapolis, MN

Total Revenue
$340,127
Total Expenses
$382,559
Total Assets
$503,115
Net Assets
$433,831
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MN
Principal Officer
Matthew Kazinka
Phone
6127247457
Tax Period
2024-01-01 to 2024-12-31

Corcoran Neighborhood Organization, founded in 1975, is a small nonprofit in the Housing & Shelter sector that reported $340K in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $383K exceeded revenue, resulting in a 12% operating deficit.

Mission

We unite neighbors to strengthen our community CNO is a non-partisan information source, spokesperson, and advocate for the community on civic affairs and strives to engage community members on issues that may have a positive or negative impact on the community.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $308,269
Program Service Revenue $31,858
Investment Income $0
Other Revenue $0
TOTAL REVENUE $340,127

Expense Breakdown

Grants Paid $0
Salaries & Benefits $114,300
Fundraising Expenses $7,398
Program Expenses $304,805
Other Expenses $268,259
TOTAL EXPENSES $382,559

Year-over-Year Comparison

2024 2023 Change
Revenue $340,127 $727,722 -0.5%
Expenses $382,559 $793,690 -0.5%
Net Income $-42,432 $-65,968 -0.4%
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

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
2
Volunteers
150

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chloe Jackson Chair 3.00
Officer Director
$0 $0 $0
Matt Kazinka Treasurer 3.00
Officer Director
$0 $0 $0
Simon Riordan Secretary 3.00
Director
$0 $0 $0
Christopher Woznicki Board member 2.00
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
2024 $340,127 $382,559 $503,115 $-42,432
2023 $727,722 $793,690 $507,744 $-65,968
2022 $1,251,000 $1,120,496 $831,280 $130,504
2021 $1,203,506 $1,040,052 $472,575 $163,454
2020 $556,492 $506,142 $284,891 $50,350
2019 $331,512 $285,727 $215,159 $45,785
2018 $315,636 $324,978 $183,061 $-9,342
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Corcoran Neighborhood Organization with other nonprofits in Minnesota and across the country.