MINNESOTA RURAL HEALTH ASSOCIATION

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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

1994

Legal Domicile

Principal Officer

BRENNAN MCALPIN

Phone

2182010098

Tax Period

2023-01-01 to 2023-12-31

MINNESOTA RURAL HEALTH ASSOCIATION, founded in 1994, is a small nonprofit in the Health Care sector that reported $173K in total revenue in fiscal year 2023.

Mission

MRHA is a non-profit, membership organization missioned to strengthen the health, health care and well-being of rural Minnesotans through leadership, advocacy, education and collaboration.

Program Service Accomplishments

Program 1

Expenses: $118,622

TUITION ASSISTANCE PROGRAM PROVIDING FUNDING TO HOSPITALS TO COVER COSTS FOR TRAINING TECHNOLOGISTS

Program 2

Expenses: $29,889

PROVIDE EDUCATIONAL INFORMATION TO OVER 300 MEMBERS AND PARTNER ORGANIZATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $170,032

Program Service Revenue $0

Investment Income $2,841

Other Revenue $0

TOTAL REVENUE $172,873

Expense Breakdown

Grants Paid $60,274

Salaries & Benefits $35,400

Fundraising Expenses $0

Program Expenses $148,511

Other Expenses $78,092

TOTAL EXPENSES $173,766

Year-over-Year Comparison

	2023	2022	Change
Revenue	$172,873	N/A	N/A
Expenses	$173,766	N/A	N/A
Net Income	$-893	N/A	N/A

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

N/A

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

$35,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK T JONES	EXEC DIRECTOR	40.00	Officer	$35,400	$0	$35,400
BRENNAN MCALPIN	President	3.00	Officer Director	$0	$0	$0
KATHERINE WILKES	Vice President	1.00	Officer Director	$0	$0	$0
DIANE THORSON	Treasurer	3.00	Officer Director	$0	$0	$0
SUSAN GRAFSTROM	PAST PRESIDENT	0.50	Officer Director	$0	$0	$0
ZORA M RADOSEVICH	Director	0.50	Director	$0	$0	$0
JAMES A PRZYBILLA	Director	0.50	Director	$0	$0	$0
DAVID J BORGERT	Director	0.50	Director	$0	$0	$0
WARREN LARSON	Director	0.50	Director	$0	$0	$0
DENISE SCHNEEKLOTH	Director	0.50	Director	$0	$0	$0
MARTHA PAULSON-STROMMEN	Director	0.50	Director	$0	$0	$0
ALYSSA MELLER	Director	0.50	Director	$0	$0	$0
RICHARD ASH	Director	0.50	Director	$0	$0	$0
KIMBERLY A MCCOY	Director	0.50	Director	$0	$0	$0
JEANNE M LARSON	Director	0.50	Director	$0	$0	$0
MARK DEWEY	Director	0.50	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$172,873	$173,766	$187,510	$-893