THE WEM 2000 FOUNDATION (EIN 411978254) - 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

HEATHER A DORSEY

Phone

9526742800

Tax Period

2023-01-01 to 2023-12-31

THE WEM 2000 FOUNDATION, founded in 2000, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $58.3M in total revenue in fiscal year 2023. Revenue surged 575% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54.0M, a strong 93% operating margin.

Mission

TO ASSIST IN CARRYING OUT THE CHARITABLE PURPOSES OF ANY PUBLIC CHARITY LOCATED IN MINNESOTA,INCLUDING, BUT NOT LIMITED TO, THE DORSEY & WHITNEY FOUNDATION.

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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 $51,345,189

Program Service Revenue $0

Investment Income $6,943,532

Other Revenue $22,532

TOTAL REVENUE $58,311,253

Expense Breakdown

Grants Paid $4,100,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,100,000

Other Expenses $255,683

TOTAL EXPENSES $4,355,683

Year-over-Year Comparison

	2023	2022	Change
Revenue	$58,311,253	$8,635,406	+5.8%
Expenses	$4,355,683	$3,981,996	+0.1%
Net Income	$53,955,570	$4,653,410	+10.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SONNY F MILLER	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH S MACMILLAN	TRUSTEE	1.00	Director	$0	$0	$0
HEATHER DORSEY	TRUSTEE	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
2023	$58,311,253	$4,355,683	$152,720,109	$53,955,570
2022	$8,635,406	$3,981,996	$98,764,539	$4,653,410
2021	$6,290,419	$5,069,014	$94,111,129	$1,221,405
2020	$5,197,366	$5,741,092	$92,889,724	$-543,726
2019	$11,113,445	$3,016,543	$93,433,450	$8,096,902
2018	$3,869,513	$2,460,049	$85,336,548	$1,409,464

THE WEM 2000 FOUNDATION