MINNESOTA VIPASSANA ASSOCIATION (EIN 411962931) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

BONNIE WEST

Phone

7152352069

Tax Period

2023-01-01 to 2023-12-31

MINNESOTA VIPASSANA ASSOCIATION, founded in 2000, is a small nonprofit in the Religion sector that reported $129K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 33% operating margin.

Mission

THE MINNESOTA VIPASSANA ASSOCIATION FACILITY IS LOCATED IN MENOMONIE, WI ONE OF MANY CENTERS DEDICATED TO PROVIDING INSTRUCTION AND GUIDANCE IN VIPASSANA MEDITATION IN THE TRADITION OF S. N GOENKA.

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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 $128,890

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $128,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $86,503

Other Expenses $86,503

TOTAL EXPENSES $86,503

Year-over-Year Comparison

	2023	2022	Change
Revenue	$128,890	$92,419	+0.4%
Expenses	$86,503	$88,474	0.0%
Net Income	$42,387	$3,945	+9.7%

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

122

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILLIE BROWN	PRESIDENT	10.00	Officer Director	$0	$0	$0
JENNIE WILIFORD	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
ERIC LINDELL	CO-TREASURER/CENTER TEACHER	30.00	Officer Director	$0	$0	$0
BONNIE WEST	CO-TREASURER/CENTER TEACHER	30.00	Officer Director	$0	$0	$0
CLINT CORNELIUS	BOARD MEMBER	7.00	Director	$0	$0	$0
GULNARA DREIER	BOARD MEMBER	10.00	Director	$0	$0	$0
VANAJAKSHI MOGULLA MD	BOARD MEMBER	7.00	Director	$0	$0	$0
JESSICA NOCHE	BOARD MEMBER	15.00	Director	$0	$0	$0
VISHNU PATLOLLA MD	BOARD MEMBER	7.00	Director	$0	$0	$0
CHARLESTON THOMAS	BOARD MEMBER	10.00	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
2024	No data	No data	No data	No data
2023	$128,890	$86,503	$584,610	$42,387
2022	$92,419	$88,474	$604,552	$3,945
2021	$140,760	$64,031	$610,863	$76,729

MINNESOTA VIPASSANA ASSOCIATION