KARPENKO INSTITUTE FOR NURTURING AND DEVELOPING LEADERSHIP EXCELLENCE(KINDLE)

EIN: 411978699 501(c)(3) Education

BLOOMINGTON, MN

Total Revenue
$332,912
Total Expenses
$281,260
Total Assets
$2,780,870
Net Assets
$2,754,514
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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
1999
Legal Domicile
MN
Principal Officer
DIANE JUNGE
Phone
6513371943
Tax Period
2024-07-01 to 2025-06-30

KARPENKO INSTITUTE FOR NURTURING AND DEVELOPING LEADERSHIP EXCELLENCE(KINDLE), founded in 1999, is a small nonprofit in the Education sector that reported $333K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $52K, a strong 16% operating margin.

Mission

TO PROVIDE LEARNING AND LEADERSHIP PROGRAMS AND RESOURCES TO CHURCH LEADERS. THE ORGANIZATION'S MISSION STATEMENT IS "TO FOSTER AND MULTIPLY CHRIST-LIKE SERVANT LEADERS TO ENHANCE THE MINISTRY OF CONGREGATIONS IN THEIR COMMUNITIES AND THE WORLD."

Program Service Accomplishments

Program 1
Expenses: $180,085 Revenue: $35,376

PROVIDED LEADERSHIP TRAINING EVENTS FOR CONGREGATION DIRECTORS OF CHRISTIAN EDUCATION AS WELL AS OTHER PROFESSIONAL CHURCH WORKERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $149,159
Program Service Revenue $34,300
Investment Income $148,377
Other Revenue $1,076
TOTAL REVENUE $332,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $143,456
Fundraising Expenses $17,449
Program Expenses $180,085
Other Expenses $137,804
TOTAL EXPENSES $281,260

Year-over-Year Comparison

2024 2023 Change
Revenue $332,912 $307,577 +0.1%
Expenses $281,260 $264,014 +0.1%
Net Income $51,652 $43,563 +0.2%
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
11
Independent Members
11
Employees
2
Volunteers
50

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL KARPENKO DIRECTOR 3.00
Director
$0 $0 $0
SUE VON FANGE SECRETARY 3.00
Officer Director
$0 $0 $0
DEAN NADASDY DIRECTOR 3.00
Director
$0 $0 $0
RICK HERMAN PRESIDENT 3.00
Officer Director
$0 $0 $0
MARY STAFFORD-NUNEZ VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
JIM CURRAN DIRECTOR 3.00
Director
$0 $0 $0
REHEMA KAVUGHA DIRECTOR 3.00
Director
$0 $0 $0
DAVID MEIER DIRECTOR 3.00
Director
$0 $0 $0
ELVIN HARMS JR DIRECTOR 3.00
Director
$0 $0 $0
CHERI SELANDER DIRECTOR 3.00
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
2025 $332,912 $281,260 $2,780,870 $51,652
2024 $307,577 $264,014 $2,621,819 $43,563
2023 $392,615 $301,358 $2,410,232 $91,257
2022 $474,033 $265,366 $2,214,959 $208,667
2021 $232,239 $190,486 $2,453,248 $41,753
2020 $207,524 $220,626 $2,025,326 $-13,102
2019 $168,854 $194,803 $1,960,606 $-25,949
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