MINNESOTA DENTAL FOUNDATION

EIN: 411927049 501(c)(3) Education

MINNEAPOLIS, MN

Total Revenue
$426,577
Total Expenses
$346,215
Total Assets
$2,306,733
Net Assets
$2,306,733
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MN
Principal Officer
DR STEPHEN F LITTON
Phone
6127678400
Tax Period
2023-01-01 to 2023-12-31

MINNESOTA DENTAL FOUNDATION, founded in 1997, is a small nonprofit in the Education sector that reported $427K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $80K, a strong 19% operating margin.

Mission

MINNESOTA DENTAL FOUNDATION'S MISSION IS TO INITIATE AND SUPPORT PROGRAMS THAT PROVIDE DENTAL SERVICES TO UNDERSERVED POPULATIONS AND COMMUNITIES; ENCOURAGE AND SUPPORT VOLUNTEERISM WITHIN THE PROFESSION; AND PROMOTE CAREERS IN DENTISTRY, ESPECIALLY IN UNDERSERVED AREAS.

Program Service Accomplishments

Program 1
Expenses: $83,691

GRANTS WERE GIVEN TO BOARD-APPROVED ORGANIZATIONS THAT HAVE AN INTEREST IN IMPROVING THE ORAL HEALTHCARE OF THE UNDERSERVED IN MINNESOTA. THESE GRANTS INCLUDED COMMUNITY AND VOLUNTEER DENTAL CLINICS...

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GRANTS WERE GIVEN TO BOARD-APPROVED ORGANIZATIONS THAT HAVE AN INTEREST IN IMPROVING THE ORAL HEALTHCARE OF THE UNDERSERVED IN MINNESOTA. THESE GRANTS INCLUDED COMMUNITY AND VOLUNTEER DENTAL CLINICS THROUGHOUT THE STATE, NON-DENTAL NOT-FOR-PROFIT ORGANIZATIONS THAT HAVE AN INTEREST IN ORAL HEALTHCARE, AS WELL AS THOSE NOT-FOR-PROFIT CLINICS INVOLVED IN THE NATIONALLY RECOGNIZED GIVE KIDS A SMILE PROGRAM IN FEBRUARY.

Program 2
Expenses: $106,261

TWO SIGNIFICANT PROGRAMS HELP THE UNDERSERVED ACCESS FREE DENTAL CARE. THE MINNESOTA MISSION OF MERCY PROJECT PROVIDES FREE DENTAL CARE TO PATIENTS OVER A WEEKEND VISITING A DIFFERENT CITY IN...

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TWO SIGNIFICANT PROGRAMS HELP THE UNDERSERVED ACCESS FREE DENTAL CARE. THE MINNESOTA MISSION OF MERCY PROJECT PROVIDES FREE DENTAL CARE TO PATIENTS OVER A WEEKEND VISITING A DIFFERENT CITY IN MINNESOTA EVERY OTHER YEAR. THE DONATED DENTAL SERVICES PROGRAM PROVIDES ELDERLY, DISABLED OR MEDICALLY FRAGILE INDIVIDUALS WHO CAN NOT AFFORD NEEDED DENTISTRY WITH FREE DENTAL CARE IN PRIVATE DENTAL OFFICES THROUGHOUT THE YEAR. ANOTHER SMALLER PROGRAM IS THE MINNESOTA HEROES ORTHODONTIC PROGRAM WHICH PROVIDES FREE ORTHODONTIC CARE TO CHILDREN AND SPOUSES OF GOLD STAR FAMILIES.

Program 3
Expenses: $108,800

EDUCATION LOAN FORGIVENESS MONIES WERE GIVEN TO THREE DENTISTS WHO HAVE AGREED TO PRACTICE IN THE TACONITE ASSISTANCE AREA OF NORTHEASTERN MINNESOTA FOR AT LEAST FIVE YEARS TO HELP WITH ACCESS TO...

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EDUCATION LOAN FORGIVENESS MONIES WERE GIVEN TO THREE DENTISTS WHO HAVE AGREED TO PRACTICE IN THE TACONITE ASSISTANCE AREA OF NORTHEASTERN MINNESOTA FOR AT LEAST FIVE YEARS TO HELP WITH ACCESS TO DENTAL SERVICES IN THAT PART OF THE STATE. THE FOUNDATION ALSO ADVISED THE DELTA DENTAL OF MINNESOTA FOUNDATION IN CREATING A PROGRAM TO HELP REPAY EDUCATIONAL LOANS FOR RECIPIENTS PRACTICING IN A RURAL HEALTH PROFESSIONS SHORTAGE AREA (HPSA) FOR FIVE YEARS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $399,421
Program Service Revenue $0
Investment Income $58,814
Other Revenue $-31,658
TOTAL REVENUE $426,577

Expense Breakdown

Grants Paid $282,239
Salaries & Benefits $0
Fundraising Expenses $2,890
Program Expenses $301,754
Other Expenses $63,976
TOTAL EXPENSES $346,215

Year-over-Year Comparison

2023 2022 Change
Revenue $426,577 $576,968 -0.3%
Expenses $346,215 $554,675 -0.4%
Net Income $80,362 $22,293 +2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
1200

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
$304,277
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR STEPHEN LITTON PRESIDENT 25.00
Officer Director
$0 $0 $0
DR MICHAEL KURKOWSKI TREASURER 1.00
Officer Director
$0 $0 $0
DR LAURA ENG SECRETARY 1.00
Officer Director
$0 $0 $0
DR AMBER CZIOK DIRECTOR 1.00
Director
$0 $0 $0
S RENEE DOTSON JD DIRECTOR 1.00
Director
$0 $0 $0
BRUCE DOWNEY DIRECTOR 1.00
Director
$0 $0 $0
DR ANGELA HASTINGS DIRECTOR 1.00
Director
$0 $0 $0
DR LEE JESS DIRECTOR 1.00
Director
$0 $0 $0
DR KIRSTEN LANGGUTH DIRECTOR 1.00
Director
$0 $0 $0
DR ROSALIE PERPICH DIRECTOR 1.00
Director
$0 $0 $0
DR KARL SELF DIRECTOR 1.00
Director
$0 $0 $0
DR MICHAEL ZAKULA VICE PRESIDENT (OCTOBER - DECEMBER) 1.00
Officer Director
$0 $0 $0
MITCHELL HRUSKA DIRECTOR (OCTOBER - DECEMBER) 1.00
Director
$0 $0 $0
ROLAND OYOU DIRECTOR (OCTOBER - DECEMBER) 1.00
Director
$0 $0 $0
ERIK SKOE DIRECTOR (JANUARY - MARCH) 1.00
Director
$0 $0 $0
CARMELO CINQUEONCE EXECUTIVE DIRECTOR, MN DENTAL ASSN 1.00
Officer
$0 $12,854 $304,277
VICKI CAPISTRANT DIRECTOR OF OPERATIONS 1.00
Highest
$0 $6,527 $129,027
DAWN JENSEN DIRECTOR OF MEMBERSHIP 1.00
Highest
$0 $15,069 $119,797
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 $426,577 $346,215 $2,306,733 $80,362
2022 $576,968 $554,675 $2,153,028 $22,293
2021 $762,785 $238,581 $2,080,095 $524,204
2020 $197,900 $321,821 $1,550,136 $-123,921
2019 $320,875 $263,431 $1,670,238 $57,444
2018 $1,017,118 $545,988 $1,609,984 $471,130
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