PROFESSIONAL STUDENT GOVERNMENT

EIN: 411677359 501(c)(3) Human Services

MINNEAPOLIS, MN

Total Revenue
$208,175
Total Expenses
$214,375
Total Assets
$107,197
Net Assets
$107,197
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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
1990
Legal Domicile
MN
Principal Officer
Flora Yang
Phone
2085771812
Tax Period
2024-09-01 to 2025-08-31

PROFESSIONAL STUDENT GOVERNMENT, founded in 1990, is a small nonprofit in the Human Services sector that reported $208K in total revenue in fiscal year 2024.

Mission

TO ADVOCATE FOR, REPRESENT AND INFORM PROFESSIONAL STUDENTS AT THE UNIVERSITY OF MINNESOTA.

Program Service Accomplishments

Program 1
Expenses: $164,374 Revenue: $206,990

The Professional Student Government (PSG) is a multilateral organization that acts as a resource for its member councils, a central contact for university administrators, and a crucial nexus of...

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The Professional Student Government (PSG) is a multilateral organization that acts as a resource for its member councils, a central contact for university administrators, and a crucial nexus of interdisciplinary communication among students. The goals of PSG are to support academic excellence, advocate on behalf of professional students, create an interdisciplinary community, and provide grants to students. Policy items were pursued at various administrative levels. PSG distributes a large portion of its funds as grants, including academic initiative grants, social events grants, professional development grants, and inter-council event grants. Hundreds of grants are distributed to students and organizations annually.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $206,990
Investment Income $1,185
Other Revenue $0
TOTAL REVENUE $208,175

Expense Breakdown

Grants Paid $154,189
Salaries & Benefits $30,506
Fundraising Expenses $0
Program Expenses $164,374
Other Expenses $29,680
TOTAL EXPENSES $214,375

Year-over-Year Comparison

2024 2023 Change
Revenue $208,175 $195,627 +0.1%
Expenses $214,375 $241,556 -0.1%
Net Income $-6,200 $-45,929 -0.9%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
40

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
9
$15,767
Total Directors
9
$15,767
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Flora Yang President, Vice President 10
Officer Director Highest
$4,550 $0 $4,550
Peter Smith Vice President, Secretary of Senate 4
Officer Director
$2,790 $0 $2,790
Grace Tamms Secretary of Grants and Funds 5
Officer Director
$2,467 $0 $2,467
Gabriel Graves Speaker of Congress 3
Officer Director
$1,800 $0 $1,800
Taylor Lees Chief of Staff 5
Officer Director
$1,400 $0 $1,400
Lynna Ngo Secretary of Communications, Programming, and Sustainability 5
Officer Director
$1,080 $0 $1,080
Munira Alimire Secretary of Senate 5
Officer Director
$1,080 $0 $1,080
Vera Barkosky Secretary of Regents 5
Officer Director
$600 $0 $600
Adam Koch Secretary of Finance 10
Officer 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
2025 $208,175 $214,375 $107,197 $-6,200
2024 $195,627 $241,556 $117,568 $-45,929
2023 $215,489 $183,721 $147,192 $31,768
2022 $209,041 $209,304 $78,646 $-263
2021 $208,117 $276,116 $79,509 $-67,999
2020 $194,634 $132,895 $147,508 $61,739
2019 $227,352 $219,758 $76,489 $7,594
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