EDEN PRAIRIE STRING ACADEMY

EIN: 411909263 501(c)(3)

EDEN PRAIRIE, MN

Total Revenue
$12,798
Total Expenses
$13,421
Total Assets
N/A
Net Assets
N/A
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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

Phone
9529479400
Tax Period
2020-09-01 to 2021-08-31

EDEN PRAIRIE STRING ACADEMY is a micro nonprofit that reported $13K in total revenue in fiscal year 2020. Revenue fell 58% from the prior year — a significant decline worth monitoring.

Mission

To provide quality string education, performance opportunities, and promote music appreciation.

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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 (2020)

Revenue Breakdown

Contributions & Grants $8,884
Program Service Revenue $3,914
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,798

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,229
Fundraising Expenses $0
Program Expenses $11,164
Other Expenses $5,192
TOTAL EXPENSES $13,421

Year-over-Year Comparison

2020 2019 Change
Revenue $12,798 $30,246 -0.6%
Expenses $13,421 $31,097 -0.6%
Net Income $-623 $-851 -0.3%
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
6
Independent Members
4
Employees
4
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
1
$7,523
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE PERSIAN Director 40.00
Officer
$7,523 $0 $7,523
EDWARD FARR President 1.00
Director
$0 $0 $0
MAIRIE BOESE Treasurer 1.00
Director
$0 $0 $0
APRIL WICKLAND Director 2.00
Director
$0 $0 $0
KATHERIN HANSEN Director 1.00
Director
$0 $0 $0
JULIE AMUNDSEN 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
2021 $12,798 $13,421 No data $-623
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