SOUTH METRO HUMAN SERVICES (EIN 411712779) - 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

ERIC RICARD

Phone

6512911979

Tax Period

2024-07-01 to 2025-06-30

SOUTH METRO HUMAN SERVICES, founded in 1991, is a mid-sized nonprofit in the Human Services sector that reported $50.5M in total revenue in fiscal year 2024.

Mission

PROVIDING SERVICES TO PEOPLE IN THE STATE OF MINNESOTA EXPERIENCING HOMELESSNESS AND MENTAL ILLNESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $27,900

Program Service Revenue $50,399,896

Investment Income $63,118

Other Revenue $20,421

TOTAL REVENUE $50,511,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,976,436

Fundraising Expenses $0

Program Expenses $45,524,664

Other Expenses $13,413,731

TOTAL EXPENSES $49,390,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,511,335	$47,536,435	+0.1%
Expenses	$49,390,167	$49,054,068	+0.0%
Net Income	$1,121,168	$-1,517,633	-1.7%

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

563

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

$964,316

Total Directors

$5,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL ARMOUR	TREASURER	1.00	Officer Director	$2,000	$0	$2,000
TOM SALES	CHAIRMAN	1.00	Officer Director	$2,000	$0	$2,000
MARKUS LYNN-KLIMENKO	BOARD MEMBER	1.00	Director	$1,500	$0	$1,500
ROGER KNOTT	CHIEF TECHNOLOGY OFFICER	40.00	Officer	$192,610	$37,796	$230,406
MICHAEL TKACH	CHIEF EXECUTIVE OFFICER	40.00	Officer	$176,733	$8,657	$185,390
ERIC RICARD	CHIEF FINANCIAL OFFICER	40.00	Officer	$190,875	$29,892	$220,767
KATIE SHEA	CHIEF HUMAN RESOURCES OFFICER	40.00	Officer	$139,844	$33,291	$173,135
JENNY WIESE	CHIEF OPERATING OFFICER	40.00	Officer	$141,522	$9,096	$150,618
NWAY LINN	CHIEF CLINICAL OFFICER	40.00	Officer	$0	$0	$0
STEVEN HARKER	PHYSICIAN	40.00	Highest	$492,256	$47,931	$540,187
MUKESH KUMAR	PHYSICIAN	40.00	Highest	$440,005	$42,362	$482,367
STEPHEN TALSNESS	PHYSICIAN	32.00	Highest	$362,365	$18,951	$381,316
DAVID MAIR	PHYSICIAN	32.00	Highest	$347,898	$50,406	$398,304
JOHN DARLING	PHYSICIAN	32.00	Highest	$343,818	$52,356	$396,174

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	$50,511,335	$49,390,167	$22,971,311	$1,121,168
2024	$47,536,435	$49,054,068	$21,733,794	$-1,517,633
2023	$43,249,086	$43,602,264	$23,537,736	$-353,178
2022	$36,714,622	$36,454,491	$22,126,187	$260,131
2021	$41,757,961	$35,356,047	$24,939,611	$6,401,914
2020	$34,553,408	$33,513,424	$22,753,527	$1,039,984
2019	$32,427,605	$32,108,422	$17,394,464	$319,183
2018	$31,535,501	$30,030,477	$17,186,361	$1,505,024

SOUTH METRO HUMAN SERVICES