ALMELUND THRESHING COMPANY

EIN: 411708349 501(c)(3) Food, Agriculture & Nutrition

TAYLORS FALLS, MN

Total Revenue
$290,832
Total Expenses
$208,996
Total Assets
$1,299,171
Net Assets
$1,206,576
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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
MN
Principal Officer
ANTHONY KORAN
Phone
6515832083
Tax Period
2023-01-01 to 2023-12-31

ALMELUND THRESHING COMPANY, founded in 1991, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $291K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 28% operating margin.

Mission

DISPLAY, DEMONSTRATE AND EDUCATE ABOUT HOW FARMING WAS DONE IN THE PAST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,325
Program Service Revenue $266,648
Investment Income $3,397
Other Revenue $14,462
TOTAL REVENUE $290,832

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $205,976
Other Expenses $208,996
TOTAL EXPENSES $208,996

Year-over-Year Comparison

2023 2022 Change
Revenue $290,832 $216,370 +0.3%
Expenses $208,996 $191,361 +0.1%
Net Income $81,836 $25,009 +2.3%
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
8
Independent Members
8
Employees
N/A
Volunteers
150

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY KORAN PRESIDENT 3.00
Officer
$0 $0 $0
TERESE MUDRICK TREASURER 3.00
Officer
$0 $0 $0
TEYA NELSON SECRETARY 3.00
Officer
$0 $0 $0
TOM HELKE DIRECTOR N/A
Director
$0 $0 $0
MARK STOVERN DIRECTOR N/A
Director
$0 $0 $0
JORDAN KORAN DIRECTOR N/A
Director
$0 $0 $0
JOHN WALNER DIRECTOR N/A
Director
$0 $0 $0
STEVEN JENSEN DIRECTOR N/A
Director
$0 $0 $0
DAN SCULLY DIRECTOR N/A
Director
$0 $0 $0
K BERSTROM DIRECTOR N/A
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 $290,832 $208,996 $1,299,171 $81,836
2022 $216,370 $191,361 $1,223,807 $25,009
2021 $230,289 $152,678 $1,207,954 $77,611
2020 $23,148 $77,659 $1,126,579 $-54,511
2019 $190,452 $181,747 $1,088,993 $8,705
2018 $192,489 $180,388 $1,075,140 $12,101
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