MINNESOTA COLON AND RECTAL FOUNDATION (EIN 411697334) - 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

1991

Legal Domicile

Principal Officer

MICHAEL SPENCER

Phone

6513121543

Tax Period

2019-07-01 to 2020-06-30

MINNESOTA COLON AND RECTAL FOUNDATION, founded in 1991, is a micro nonprofit in the Medical Research sector that reported $57K in total revenue in fiscal year 2019. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $54K left a modest 5% surplus.

Mission

IMPROVE COLORECTAL HEALTH WITH EDUCATION, OUTREACH, RESEARCH & SPECIALIZED PHYSICIAN TRAINING

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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 (2019)

Revenue Breakdown

Contributions & Grants $3,405

Program Service Revenue $6,000

Investment Income $47,170

Other Revenue $0

TOTAL REVENUE $56,575

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $135

Program Expenses $18,242

Other Expenses $53,703

TOTAL EXPENSES $53,703

Year-over-Year Comparison

	2019	2018	Change
Revenue	$56,575	$186,603	-0.7%
Expenses	$53,703	$64,892	-0.2%
Net Income	$2,872	$121,711	-1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STANLEY GOLDBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
KERRY MRAZ	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID WILLIS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL SPENCER	PRESIDENT	1.00	Officer	$0	$0	$0
MARK SUN	SECRETARY/TR	1.00	Officer	$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
2020	$56,575	$53,703	$3,399,913	$2,872
2019	$186,603	$64,892	$3,193,569	$121,711
2018	$93,861	$101,551	$2,764,961	$-7,690

MINNESOTA COLON AND RECTAL FOUNDATION