SWEDISH COUNCIL OF AMERICA FOUNDATION

EIN: 411940700 501(c)(3)

MINNEAPOLIS, MN

Total Revenue
$2,243
Total Expenses
$768,266
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

Formation Year
1998
Legal Domicile
MN
Principal Officer
CHARLES NYSTROM
Phone
6128710593
Tax Period
2020-01-01 to 2020-12-31

SWEDISH COUNCIL OF AMERICA FOUNDATION, founded in 1998, is a micro nonprofit that reported $2K in total revenue in fiscal year 2020. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $768K exceeded revenue, resulting in a 34152% operating deficit.

Mission

PROMOTE KNOWLEDGE AND UNDERSTANDING OF THE SWEDISH HERITAGE IN AMERICAN LIFE.

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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 $0
Program Service Revenue $0
Investment Income $2,243
Other Revenue $0
TOTAL REVENUE $2,243

Expense Breakdown

Grants Paid $761,479
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $761,479
Other Expenses $6,787
TOTAL EXPENSES $768,266

Year-over-Year Comparison

2020 2019 Change
Revenue $2,243 $15,167 -0.9%
Expenses $768,266 $385,883 +1.0%
Net Income $-766,023 $-370,716 +1.1%
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
6
Employees
N/A
Volunteers
6

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE AHLSTRAND CHAIR 10.00
Officer Director
$0 $0 $0
SANDRA S PFAFF VICE-CHAIR 10.00
Officer Director
$0 $0 $0
CHARLES NYSTROM TREASURER 10.00
Officer Director
$0 $0 $0
JOHN HASSELBERG BOARD MEMBER 10.00
Director
$0 $0 $0
RICHARD BRYNTESON BOARD MEMBER 7.00
Director
$0 $0 $0
BRUCE R LARSON SECRETARY 1.00
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
2020 $2,243 $768,266 No data $-766,023
2019 $15,167 $385,883 $766,023 $-370,716
2018 $42,680 $74,436 $1,037,525 $-31,756
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