MINNESOTA ASSOCIATION OF RESOURCE CONSERVATION & DEVELOPMENT INC (EIN 411647411) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

TED LOVDAHL

Phone

6125995864

Tax Period

2024-01-01 to 2024-12-31

MINNESOTA ASSOCIATION OF RESOURCE CONSERVATION & DEVELOPMENT INC, founded in 1989, is a micro nonprofit that reported $7K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $19K exceeded revenue, resulting in a 154% operating deficit.

Mission

PARTNER WITH RC&D COUNCILS IN MINNESOTA TO STRENGTHEN THE RC&D PROGRAM, ACHIEVE NATURAL RESOURCE CONSERVATION, AND IMPACT COMMUNITY AND RURAL DEVELOPMENT.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,893

Program Service Revenue $100

Investment Income $5,426

Other Revenue $0

TOTAL REVENUE $7,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,085

Fundraising Expenses $0

Program Expenses $6,398

Other Expenses $10,748

TOTAL EXPENSES $18,833

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,419	$6,687	+0.1%
Expenses	$18,833	$15,342	+0.2%
Net Income	$-11,414	$-8,655	+0.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$8,085

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TED LOVDAHL	PRESIDENT	6.00	Officer Director	$0	$0	$0
CAROL BERG	TREASURER/SECRETARY	4.00	Officer Director	$0	$0	$0
AL MOLINE	VICE PRESIDENT	6.00	Officer Director	$0	$0	$0
PAUL SANDSTROM	EXECUTIVE DIRECTOR	15.00	Officer	$8,085	$0	$8,085

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	$7,419	$18,833	$153,464	$-11,414
2023	$6,687	$15,342	$164,878	$-8,655
2022	$5,453	$20,005	$173,533	$-14,552
2021	$20,476	$25,043	$189,322	$-4,567
2020	$4,730	$20,458	$196,252	$-15,728
2019	$173,203	$186,422	$213,117	$-13,219
2018	$73,452	$1,340,722	$487,260	$-1,267,270

MINNESOTA ASSOCIATION OF RESOURCE CONSERVATION & DEVELOPMENT INC