THE NOKOMIS HEALTHY SENIORS PROGRAM

EIN: 411889344 501(c)(3) Health Care

MINNEAPOLIS, MN

Total Revenue
$174,705
Total Expenses
$210,866
Total Assets
$201,461
Net Assets
$201,461
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
MN
Principal Officer
BRIANNA GALLETT
Phone
6127295499
Tax Period
2023-01-01 to 2023-12-31

THE NOKOMIS HEALTHY SENIORS PROGRAM, founded in 1994, is a small nonprofit in the Health Care sector that reported $175K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $211K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE NOKOMIS HEALTHY SENIORS IS A NON-PROFIT DEDICATED TO HELPING SENIORS LIVE INDEPENDENTLY AT HOME.

Program Service Accomplishments

Program 1

IN 2023 NOKOMIS HEALTHY SENIORS INCREASED THE NUMBER OF SENIORS SERVED FOR FOOTCARE TONEARLY 100. DURING COVID WE NEEDED TO STOP FOOT CARE AND THEN OUR FOOT CARE NURSE RETIRED DUETO COVID. WE NOW...

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IN 2023 NOKOMIS HEALTHY SENIORS INCREASED THE NUMBER OF SENIORS SERVED FOR FOOTCARE TONEARLY 100. DURING COVID WE NEEDED TO STOP FOOT CARE AND THEN OUR FOOT CARE NURSE RETIRED DUETO COVID. WE NOW HAVE A NEW NURSE WE ARE WORKING WITH WHO DOES MOSTLY IN HOME FOOT CARE.

Program 2
Expenses: $175,023

2023 IS A BIG MILESTONE FOR NOKOMIS HEALTHY SENIORS (NHS)! NHS HAS BEEN A TRUSTED RESOURCEFOR OLDER ADULTS IN THE NOKOMIS AREA FOR 30 YEARS, THIS YEAR. BY PROVIDING A VARIETY OF AFFORDABLEPROGRAMS...

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2023 IS A BIG MILESTONE FOR NOKOMIS HEALTHY SENIORS (NHS)! NHS HAS BEEN A TRUSTED RESOURCEFOR OLDER ADULTS IN THE NOKOMIS AREA FOR 30 YEARS, THIS YEAR. BY PROVIDING A VARIETY OF AFFORDABLEPROGRAMS LIKE SOCIAL EVENTS AND TRANSPORTATION, WE'VE HELPED HUNDREDS OF OUR NEIGHBORS STAYSOCIALLY CONNECTED, AND AGE IN PLACE SAFELY AND INDEPENDENTLY. WE OFFER RIDES TO MEDICALAPPOINTMENTS AND GROCERY SHOPPING, ONE ON ONE NURSING VISITS, YOGA AND EXERCISE CLASSES,SUPPORT GROUPS, BOOK CLUB, ART GROUP, CARD GROUP, MONTHLY LUNCHEONS AND SOCIAL OUTINGS.TOGETHER THESE ACTIVITIES SUPPORT OLDER ADULTS MAINTAIN HEALTHY MINDS AND BODIES SO THEY MAY MAINTAIN THEIR INDEPENDENCE.

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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 $167,744
Program Service Revenue $7,437
Investment Income $0
Other Revenue $-476
TOTAL REVENUE $174,705

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,005
Program Expenses $175,023
Other Expenses $210,866
TOTAL EXPENSES $210,866

Year-over-Year Comparison

2023 2022 Change
Revenue $174,705 $198,867 -0.1%
Expenses $210,866 $221,831 0.0%
Net Income $-36,161 $-22,964 +0.6%
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
7
Independent Members
7
Employees
4
Volunteers
54

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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGAN ELLIASEN EXECUTIVE DIRECTOR 1.00
Officer Director
$0 $0 $0
FRED JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
LYNN RADECKI BOARD MEMBER 1.00
Director
$0 $0 $0
LINDSEY BROWN SECRETARY 1.00
Officer Director
$0 $0 $0
BRIANNA GALLETT PRESIDENT 1.00
Officer Director
$0 $0 $0
BETHANY MARRIOTT ASSISTANT EXECUTIVE DIRECTOR 1.00
Officer Director
$0 $0 $0
BARB OWENS VICE PRESIDENT 1.00
Officer 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
2024 No data No data No data No data
2023 $174,705 $210,866 $201,461 $-36,161
2022 $198,867 $221,831 $237,622 $-22,964
2021 $213,773 $183,863 $260,586 $29,910
2020 $289,500 $201,485 $241,385 $88,015
2019 $163,436 $214,100 $146,779 $-50,664
2018 $256,967 $204,202 $204,204 $52,765
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