MINNEAPOLIS CITY OF LAKES ROTARY FOUNDATION (EIN 411577900) - 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

1987

Legal Domicile

Principal Officer

Shaun Irwin

Phone

6122266105

Tax Period

2023-07-01 to 2024-06-30

MINNEAPOLIS CITY OF LAKES ROTARY FOUNDATION, founded in 1987, is a small nonprofit that reported $106K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $119K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO BENEFIT CHARITABLE, BENEVOLENT, AND EDUCATIONAL CAUSES.

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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 $105,510

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $105,510

Expense Breakdown

Grants Paid $110,483

Salaries & Benefits $0

Fundraising Expenses $5,970

Program Expenses $110,483

Other Expenses $8,819

TOTAL EXPENSES $119,302

Year-over-Year Comparison

	2023	2022	Change
Revenue	$105,510	$143,929	-0.3%
Expenses	$119,302	$159,772	-0.3%
Net Income	$-13,792	$-15,843	-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

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
Carol Russell	PRESIDENT	2	Officer Director	$0	$0	$0
Shaun Irwin	PRESIDENT-ELECT	2	Officer Director	$0	$0	$0
Maria Bavender	VICE PRESIDENT MEMBERSHIP	2	Officer Director	$0	$0	$0
Sandy Chrisensen	TREASURER	2	Officer Director	$0	$0	$0
Lisa Moncrief	SECRETARY	2	Officer Director	$0	$0	$0
Ross Naylor	Past President, PPC Chair	2	Officer Director	$0	$0	$0
Bob Baker	FOUNDATION CO-CHAIR	2	Director	$0	$0	$0
Bill Klein	FOUNDATION CO-CHAIR	2	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	$105,510	$119,302	$146,826	$-13,792
2023	$143,929	$159,772	$160,218	$-15,843
2022	$187,091	$281,631	$176,645	$-94,540
2021	$259,898	$298,277	$270,601	$-38,379
2019	$269,307	$332,469	$46,362	$-63,162

MINNEAPOLIS CITY OF LAKES ROTARY FOUNDATION