Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
The Foundation is a supporting organization for the charitable activities of the Kiwanis Club of Northeast Minneapolis.
The Scholarship Committee of the Foundation meets annually to solicit applications for $10,000 in scholarships to be awarded to students at high schools in the Northeast Minneapolis area. These...
The Scholarship Committee of the Foundation meets annually to solicit applications for $10,000 in scholarships to be awarded to students at high schools in the Northeast Minneapolis area. These scholarships are awarded based on scholastic achievement, financial need and demonstrated achievement in charitable activities. The successful applicants are required to introduce themselves to the Kiwanis Club at a regular meeting to present their plans and aspirations for the future. Total scholarships disbursed during the current fiscal year was $7,000.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $89,274 | $16,855 | $545,396 | $72,419 |
| 2024 | $64,375 | $39,373 | $517,760 | $25,002 |
Compare NORTHEAST KIWANIS FOUNDATION OF MINNEAPOLIS MINNESOTA with other nonprofits in Minnesota and across the country.