SOUTHERN MINNESOTA INDEPENDENT LIVING ENTERPRISES & SERVICES INC (EIN 411616061) - 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

1989

Legal Domicile

Principal Officer

BONNIE DANBERRY

Phone

5073457139

Tax Period

2024-07-01 to 2025-06-30

SOUTHERN MINNESOTA INDEPENDENT LIVING ENTERPRISES & SERVICES INC, founded in 1989, is a community nonprofit in the Human Services sector that reported $3.8M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $3.6M left a modest 4% surplus.

Mission

INDEPENDENT LIVING SERVICES

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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 (2024)

Revenue Breakdown

Contributions & Grants $782,771

Program Service Revenue $2,956,154

Investment Income $39,956

Other Revenue $0

TOTAL REVENUE $3,778,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,106,666

Fundraising Expenses $0

Program Expenses $3,262,701

Other Expenses $529,830

TOTAL EXPENSES $3,636,496

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,778,881	$3,413,808	+0.1%
Expenses	$3,636,496	$3,126,736	+0.2%
Net Income	$142,385	$287,072	-0.5%

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

149

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

$100,276

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LANETTE AYERS	PRESIDENT	1.00	Officer Director	$0	$0	$0
DREW CAMPBELL	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
ALEX SWANSON	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DAN ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER SVIEN	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
MARYJO BRINDLEY	DIRECTOR	1.00	Director	$0	$0	$0
ROB SWART	DIRECTOR	1.00	Director	$0	$0	$0
BONNIE DANBERRY	EXECUTIVE DIRECTOR	40.00	Officer	$78,950	$21,326	$100,276

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
2025	$3,778,881	$3,636,496	$2,337,706	$142,385
2024	$3,413,808	$3,126,736	$2,213,428	$287,072
2023	$2,765,485	$2,640,390	$1,942,961	$125,095
2022	$2,245,966	$2,171,234	$1,234,367	$74,732
2021	$2,496,081	$2,217,506	$1,260,517	$278,575
2020	$2,316,035	$2,319,452	$1,208,182	$-3,417
2019	$2,521,937	$2,449,809	$819,869	$72,128
2018	$2,640,108	$2,685,179	$747,897	$-45,071

SOUTHERN MINNESOTA INDEPENDENT LIVING ENTERPRISES & SERVICES INC