MINNESOTA TECHNOLOGY EDUCATION COR… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

KENT ROBBINS

Phone

6123339164

Tax Period

2024-07-01 to 2025-06-30

MINNESOTA TECHNOLOGY EDUCATION CORPORATION, founded in 2001, is a small nonprofit in the Education sector that reported $337K in total revenue in fiscal year 2024. The organization ran a surplus of $76K, a strong 22% operating margin.

Mission

THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. TO ACQUIRE, MANAGE AND MAINTAIN REAL AND PERSONAL PROPERTY FOR USE BY THE SCHOOL IN ITS CHARITABLE PURPOSES.

Program Service Accomplishments

Program 1

Expenses: $253,821 Revenue: $329,164

THE ORGANIZATION LEASES, MANAGES AND MAINTAINS A BUILDING FOR THE MINNESOTA TRANSITIONS CHARTER SCHOOL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $329,164

Investment Income $8,182

Other Revenue $0

TOTAL REVENUE $337,346

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $253,821

Other Expenses $261,517

TOTAL EXPENSES $261,517

Year-over-Year Comparison

	2024	2023	Change
Revenue	$337,346	$341,608	0.0%
Expenses	$261,517	$271,531	0.0%
Net Income	$75,829	$70,077	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
KENT ROBBINS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JON WESTBY	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
SALLY WESTBY	TREASURER	1.00	Officer Director	$0	$0	$0
MARK HOTZLER	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN FONDOW	DIRECTOR	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
2025	$337,346	$261,517	$2,146,583	$75,829
2024	$341,608	$271,531	$2,131,125	$70,077
2023	$332,414	$271,053	$2,109,659	$61,361
2022	$329,143	$263,599	$2,097,462	$65,544
2021	$329,140	$282,263	$2,076,763	$46,877
2020	$329,423	$249,931	$2,061,808	$79,492
2019	$238,884	$188,434	$1,075,241	$50,450

MINNESOTA TECHNOLOGY EDUCATION CORPORATION