MINNESOTA MILITARY FAMILY FOUNDATION

EIN: 411815585 501(c)(3) Philanthropy & Grantmaking

GOLDEN VALLEY, MN

Total Revenue
$2,322,175
Total Expenses
$539,825
Total Assets
$13,898,352
Net Assets
$13,773,884
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MN
Principal Officer
SUSAN KENNEDY
Phone
7635442255
Tax Period
2025-01-01 to 2025-12-31

MINNESOTA MILITARY FAMILY FOUNDATION, founded in 1995, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.3M in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 77% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT TO MILITARY ACTIVE AND RESERVE COMPONENTS IN MINNESOTA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,237,190
Program Service Revenue $0
Investment Income $1,098,400
Other Revenue $-13,415
TOTAL REVENUE $2,322,175

Expense Breakdown

Grants Paid $480,440
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $480,440
Other Expenses $59,385
TOTAL EXPENSES $539,825

Year-over-Year Comparison

2025 2024 Change
Revenue $2,322,175 $1,872,537 +0.2%
Expenses $539,825 $521,265 +0.0%
Net Income $1,782,350 $1,351,272 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
28

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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL POPP PRESIDENT 3.00
Officer Director
$0 $0 $0
TOM LYONS VICE PRESIDENT 8.00
Officer Director
$0 $0 $0
TIM KENNEDY SECRETARY/EXECUTIVE DIRECTOR 10.00
Officer Director
$0 $0 $0
SUSAN KENNEDY TREASURER 18.00
Officer Director
$0 $0 $0
DENNIS ANGELL DIRECTOR 5.00
Director
$0 $0 $0
JASON BURLEY DIRECTOR 5.00
Director
$0 $0 $0
JAMES CAREY DIRECTOR 2.00
Director
$0 $0 $0
DAVID HAMLAR DIRECTOR 1.00
Director
$0 $0 $0
TOM HOKR DIRECTOR (THROUGH JUNE 2025) 5.00
Director
$0 $0 $0
TOM JENKINS DIRECTOR 2.50
Director
$0 $0 $0
TIM MCELROY DIRECTOR 9.00
Director
$0 $0 $0
BUDDY WINN DIRECTOR 2.00
Director
$0 $0 $0
DON KERR DIRECTOR 1.00
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
2025 $2,322,175 $539,825 $13,898,352 $1,782,350
2024 $1,872,537 $521,265 $11,863,382 $1,351,272
2023 $1,500,868 $686,457 $10,103,909 $814,411
2022 $1,226,671 $830,458 $8,517,886 $396,213
2021 $1,432,845 $354,741 $9,053,390 $1,078,104
2020 $1,078,878 $307,730 $7,591,193 $771,148
2019 $1,185,182 $435,752 $6,420,894 $749,430
2019 $1,185,182 $435,752 $6,420,894 $749,430
2018 $1,504,414 $403,486 $5,130,335 $1,100,928
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MINNESOTA MILITARY FAMILY FOUNDATION with other nonprofits in Minnesota and across the country.