OPPORTUNITIES IN SCIENCE INC (EIN 411625917) - 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

1994

Legal Domicile

Principal Officer

LEE FURUSETH

Phone

2184444472

Tax Period

2024-01-01 to 2024-12-31

OPPORTUNITIES IN SCIENCE INC, founded in 1994, is a small nonprofit that reported $461K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE INTELLECTUAL STIMULATION AND ENJOYMENT FOR CHILDREN, ADULTS, AND EDUCATIONAL ORGANIZATIONS IN NORTHERN MINNESOTA USING HANDS-ON SCIENCE AND TECHNOLOGY EXHIBITS AND PROGRAMS.

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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 $249,671

Program Service Revenue $161,773

Investment Income $8,395

Other Revenue $41,189

TOTAL REVENUE $461,028

Expense Breakdown

Grants Paid $0

Salaries & Benefits $340,779

Fundraising Expenses $354

Program Expenses $30,315

Other Expenses $136,020

TOTAL EXPENSES $476,799

Year-over-Year Comparison

	2024	2023	Change
Revenue	$461,028	$680,725	-0.3%
Expenses	$476,799	$482,676	0.0%
Net Income	$-15,771	$198,049	-1.1%

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

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

$52,141

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE FURUSETH	EXECUTIVE DI	40.00	Officer	$52,141	$0	$52,141
DON CARLSON	DIRECTOR	2.00	Director	$0	$0	$0
GREGORY DROBA	DIRECTOR	2.00	Director	$0	$0	$0
JAMES EKSTROM	PAST CHAIR	2.00	Officer Director	$0	$0	$0
JOE FURUSETH	SECRETARY	5.00	Officer Director	$0	$0	$0
MIKE JONES	TREASURER	5.00	Officer Director	$0	$0	$0
CHLOE KEPRIOS	DIRECTOR	2.00	Director	$0	$0	$0
JENNA O'DELL	CHAIR	5.00	Officer Director	$0	$0	$0
JENNY O'NEILL	DIRECTOR	2.00	Director	$0	$0	$0
JESSE VARPNESS	DIRECTOR	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	$461,028	$476,799	$814,011	$-15,771
2023	$680,725	$482,676	$794,480	$198,049
2022	$411,661	$373,711	$560,887	$37,950
2021	$372,760	$329,906	$579,523	$42,854
2020	$322,238	$317,946	$511,574	$4,292

OPPORTUNITIES IN SCIENCE INC