HONORS CHOIRS OF SOUTHEAST MINNESOTA

EIN: 411747145 501(c)(3)

ROCHESTER, MN

Total Revenue
$420,166
Total Expenses
$419,446
Total Assets
$195,788
Net Assets
$162,037
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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
1992
Legal Domicile
MN
Principal Officer
JAYNE ROTHSCHILD
Phone
5072520505
Tax Period
2023-07-01 to 2024-06-30

HONORS CHOIRS OF SOUTHEAST MINNESOTA, founded in 1992, is a small nonprofit that reported $420K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

PROMOTE EXCELLENCE IN THE PERFORMANCE OF CHORAL MUSIC FOR THE EDUCATION AND ENJOYMENT OF YOUTH AND THE COMMUNITY

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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 $154,735
Program Service Revenue $253,066
Investment Income $1,068
Other Revenue $11,297
TOTAL REVENUE $420,166

Expense Breakdown

Grants Paid $13,145
Salaries & Benefits $231,292
Fundraising Expenses $11,442
Program Expenses $357,910
Other Expenses $175,009
TOTAL EXPENSES $419,446

Year-over-Year Comparison

2023 2022 Change
Revenue $420,166 $534,901 -0.2%
Expenses $419,446 $611,848 -0.3%
Net Income $720 $-76,947 -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

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Governance

Voting Members
14
Independent Members
14
Employees
7
Volunteers
258

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
$129,739
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON AHN BOARD MEMBER 1.00
Director
$0 $0 $0
NIKKI ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
SIMON GLASER PRESIDENT 1.00
Officer Director
$0 $0 $0
PAUL GROEHLER BOARD MEMBER 1.00
Director
$0 $0 $0
JOLENE HANSON SECRETARY 1.00
Director
$0 $0 $0
ANDY KOLLENGODE BOARD MEMBER 1.00
Director
$0 $0 $0
DOROTHY LOUTFI BOARD MEMBER 1.00
Director
$0 $0 $0
KATHERINE WALTERS TREASURER 1.00
Officer Director
$0 $0 $0
EMILY ANDERSON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRADLEY NUSS PAST PRESIDENT 1.00
Director
$0 $0 $0
ANJANETTE BANDEL BOARD MEMBER 1.00
Director
$0 $0 $0
ANDY MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLYN WARNER BOARD MEMBER 1.00
Director
$0 $0 $0
DEANNE WALLENSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
JAYNE ROTHSCHILD EXECUTIVE DIRECTOR 40.00
Officer
$55,191 $0 $55,191
KARRI CAMPBELL ADMINISTRATOR 40.00
Officer
$29,900 $0 $29,900
RICHARD KVAM ADMINISTRATOR 40.00
Officer
$44,648 $0 $44,648
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 $420,166 $419,446 $195,788 $720
2023 $534,901 $611,848 $186,995 $-76,947
2022 $509,429 $488,541 $268,646 $20,888
2021 $230,905 $190,575 $277,655 $40,330
2020 $342,130 $335,433 $227,570 $6,697
2019 $688,952 $725,446 $216,441 $-36,494
2018 $528,641 $511,677 $259,819 $16,964
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