NORTHEAST KIWANIS FOUNDATION OF MINNEAPOLIS MINNESOTA (EIN 416038549) - 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

1958

Legal Domicile

Principal Officer

Marion Sodnik

Phone

4148397514

Tax Period

2024-10-01 to 2025-09-30

NORTHEAST KIWANIS FOUNDATION OF MINNEAPOLIS MINNESOTA, founded in 1958, is a micro nonprofit in the Community Improvement sector that reported $89K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 81% operating margin.

Mission

The Foundation is a supporting organization for the charitable activities of the Kiwanis Club of Northeast Minneapolis.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,090

Program Service Revenue $0

Investment Income $88,184

Other Revenue $0

TOTAL REVENUE $89,274

Expense Breakdown

Grants Paid $7,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,273

Other Expenses $9,855

TOTAL EXPENSES $16,855

Year-over-Year Comparison

	2024	2023	Change
Revenue	$89,274	$64,375	+0.4%
Expenses	$16,855	$39,373	-0.6%
Net Income	$72,419	$25,002	+1.9%

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

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
David Burrill	President	10	Officer Director	$0	$0	$0
Marion Sodnik	Secretary-Treasurer	16	Officer Director	$0	$0	$0
Jeff Stitt	President Elect	10	Officer Director	$0	$0	$0
Al Swenson	Board Member	8	Director	$0	$0	$0
Bill Fredrick	Board Member	8	Director	$0	$0	$0
Richard Webb	Board Member	8	Director	$0	$0	$0
James Higgins	Board Member	8	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	$89,274	$16,855	$545,396	$72,419
2024	$64,375	$39,373	$517,760	$25,002

NORTHEAST KIWANIS FOUNDATION OF MINNEAPOLIS MINNESOTA