MIDTOWN GREENWAY COALITION

EIN: 411825584 501(c)(3) Community Improvement

Minneapolis, MN

Total Revenue
$349,180
Total Expenses
$160,891
Total Assets
$423,583
Net Assets
$421,946
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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
Soren Jensen
Phone
6128790105
Tax Period
2024-01-01 to 2024-12-31

MIDTOWN GREENWAY COALITION, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $349K in total revenue in fiscal year 2024. Revenue surged 111% from the prior year, signaling strong growth momentum. The organization ran a surplus of $188K, a strong 54% operating margin.

Mission

Our mission is to empower communities to develop, improve, protect, and enjoy the Midtown Greenway as a green urban corridor to improve people's lives.

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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 $335,762
Program Service Revenue $13,406
Investment Income $12
Other Revenue $0
TOTAL REVENUE $349,180

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,275
Fundraising Expenses $19,261
Program Expenses $123,934
Other Expenses $47,616
TOTAL EXPENSES $160,891

Year-over-Year Comparison

2024 2023 Change
Revenue $349,180 $165,602 +1.1%
Expenses $160,891 $164,986 0.0%
Net Income $188,289 $616 +304.7%
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

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Governance

Voting Members
12
Independent Members
12
Employees
2
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
3
$0
Total Directors
9
$0
Key Employees
1
$76,641
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Soren Jensen Executive Director 40
Key Emp
$76,641 $0 $76,641
Ellie Hohulin Board Member 1
Director
$0 $0 $0
Dan Cross Board Member 1
Director
$0 $0 $0
Chris Hong Board Member 1
Director
$0 $0 $0
Chris Huff-Hanson Board Member 1
Director
$0 $0 $0
Kennis Littleton Board Member 1
Director
$0 $0 $0
Kris Schaefer Board Member 1
Director
$0 $0 $0
Riley Harrison Board Member 1
Director
$0 $0 $0
Joke Olateju Board Member 1
Director
$0 $0 $0
Greg Lierwood Board Member 1
Director
$0 $0 $0
Nellie Jerome President 1
Officer
$0 $0 $0
James Orione Vice President 1
Officer
$0 $0 $0
Drago Puskaric Treasurer 1
Officer
$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 $349,180 $160,891 $423,583 $188,289
2023 $165,602 $164,986 $234,550 $616
2022 $177,662 $154,481 $233,447 $23,181
2021 $175,639 $156,593 $211,505 $19,046
2020 $187,735 $150,711 $191,317 $37,024
2019 $94,208 $144,720 $155,228 $-50,512
2018 $227,526 $142,757 $205,325 $84,769
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