MINNESOTA COUNCIL FOR QUALITY DBA PERFORMANCE EXCELLENCE NETWORK (EIN 411645157) - 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

BRIAN LASSITER

Phone

6519176240

Tax Period

2023-01-01 to 2023-12-31

MINNESOTA COUNCIL FOR QUALITY DBA PERFORMANCE EXCELLENCE NETWORK, founded in 1989, is a small nonprofit in the Unknown sector that reported $420K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO ADVANCE IMPROVEMENT AND PERFORMANCE EXCELLENCE BY IDENTIFYING STRENGTHS AND IMPROVEMENT OPPORTUNITIES AS WELL AS BUILDING NETWORKS THAT BRING INFORMATION, RESOURCES, KNOWLEDGE AND BEST PRACTICES TO ORGANIZATIONS, INDIVIDUALS AND COMMUNITIES DESIRING TO IMPROVE.

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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 $283,801

Program Service Revenue $136,176

Investment Income $0

Other Revenue $0

TOTAL REVENUE $419,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,879

Fundraising Expenses $4,667

Program Expenses $354,005

Other Expenses $200,218

TOTAL EXPENSES $416,097

Year-over-Year Comparison

	2023	2022	Change
Revenue	$419,977	$380,028	+0.1%
Expenses	$416,097	$407,249	+0.0%
Net Income	$3,880	$-27,221	-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

$141,047

Total Directors

$141,047

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN LASSITER	PRESIDENT	40.00	Officer Director	$141,047	$0	$141,047
CHACE ANDERSON	CHAIR	1.00	Officer Director	$0	$0	$0
TOM HENRY	DIRECTOR	1.00	Director	$0	$0	$0
LORI MEYER	DIRECTOR	1.00	Director	$0	$0	$0
PAM HELGESON-BRITTON	DIRECTOR	1.00	Director	$0	$0	$0
ARUN NATARAJAN	DIRECTOR	1.00	Director	$0	$0	$0
TAMI REUTER	DIRECTOR	1.00	Director	$0	$0	$0
MARSHALL SMITH	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA OGUNREMI	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$419,977	$416,097	$124,617	$3,880
2022	$380,028	$407,249	$131,822	$-27,221
2021	$404,032	$304,408	$158,631	$99,624
2020	$413,311	$370,833	$74,334	$42,478
2019	$449,392	$450,309	$51,382	$-917
2018	$430,309	$451,116	$38,129	$-20,807

MINNESOTA COUNCIL FOR QUALITY DBA PERFORMANCE EXCELLENCE NETWORK