Longfellow Community Council

EIN: 411733974 501(c)(3) Community Improvement

Minneapolis, MN

Total Revenue
$491,595
Total Expenses
$509,424
Total Assets
$375,540
Net Assets
$375,540
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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
1970
Legal Domicile
MN
Principal Officer
Joel McReynolds
Phone
6127224529
Tax Period
2024-01-01 to 2024-12-31

Longfellow Community Council, founded in 1970, is a small nonprofit in the Community Improvement sector that reported $492K in total revenue in fiscal year 2024.

Mission

Community revitalization LCCs Mission is to improve the well being of our diverse community through engagement, involvement and empowerment.

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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 $454,884
Program Service Revenue $30,257
Investment Income $6,454
Other Revenue $0
TOTAL REVENUE $491,595

Expense Breakdown

Grants Paid $157,427
Salaries & Benefits $213,236
Fundraising Expenses $6,383
Program Expenses $429,862
Other Expenses $138,761
TOTAL EXPENSES $509,424

Year-over-Year Comparison

2024 2023 Change
Revenue $491,595 $514,435 0.0%
Expenses $509,424 $480,570 +0.1%
Net Income $-17,829 $33,865 -1.5%
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
15
Independent Members
15
Employees
6
Volunteers
100

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
6
$79,423
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Annie Wang Board President 4.00
Officer Director
$0 $0 $0
Lisa Boyd Board vice president 4.00
Officer Director
$0 $0 $0
Kath Lenk Board Secretary 4.00
Officer Director
$0 $0 $0
Michael Berger Board Treasurer 4.00
Officer Director
$0 $0 $0
Douglas Clow Board member 4.00
Director
$0 $0 $0
Eleanor Cotton Board member 4.00
Director
$0 $0 $0
Dana Koponen Board member 4.00
Director
$0 $0 $0
Jacquelyn Hartwig Board member 4.00
Director
$0 $0 $0
Kaelin Winkelman Board member 4.00
Director
$0 $0 $0
Deb Reierson Board member 4.00
Director
$0 $0 $0
Marcea Mariani Board member 4.00
Director
$0 $0 $0
Selamawit Tilahun Board member 4.00
Director
$0 $0 $0
Ken Koense Board member 4.00
Director
$0 $0 $0
Tobin Shelton Board member 4.00
Director
$0 $0 $0
Jess Schaberg Board member 4.00
Director
$0 $0 $0
Beverly Conerton Board member 4.00
Director
$0 $0 $0
Christine Marlo-Triemstra Board member 4.00
Director
$0 $0 $0
Kristin Green Board member 4.00
Director
$0 $0 $0
Libby Stoltenow Board member 4.00
Director
$0 $0 $0
Vanessa Walton Board member 4.00
Director
$0 $0 $0
Rachel Boeke Executive Director 40.00
Officer
$32,031 $6,000 $38,031
Joel McReynolds Executive Director 40.00
Officer
$37,392 $4,000 $41,392
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 No data No data No data No data
2024 $491,595 $509,424 $375,540 $-17,829
2023 $514,435 $480,570 $393,369 $33,865
2022 $283,134 $368,480 $359,504 $-85,346
2021 $353,423 $356,518 $441,625 $-3,095
2020 $510,769 $313,349 $442,676 $197,420
2019 $262,853 $279,579 $245,256 $-16,726
2018 $266,496 $296,406 $261,982 $-29,910
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