Mankato Clinic Foundation Inc (EIN 416045200) - Form 990 Financial Analysis & Trantor Score

🔒

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

1966

Legal Domicile

Principal Officer

Marcia Bahr

Phone

5073898504

Tax Period

2023-01-01 to 2023-12-31

Mankato Clinic Foundation Inc, founded in 1966, is a small nonprofit in the Health Care sector that reported $278K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $313K exceeded revenue, resulting in a 12% operating deficit.

Mission

To provide, promote and develop health education and healthy lifestyle awareness in the community.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $245,837

Program Service Revenue $0

Investment Income $3,407

Other Revenue $28,757

TOTAL REVENUE $278,001

Expense Breakdown

Grants Paid $279,709

Salaries & Benefits $0

Fundraising Expenses $3,924

Program Expenses $294,617

Other Expenses $32,920

TOTAL EXPENSES $312,629

Year-over-Year Comparison

	2023	2022	Change
Revenue	$278,001	$391,421	-0.3%
Expenses	$312,629	$320,063	0.0%
Net Income	$-34,628	$71,358	-1.5%

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
Katie Anderson MD	Chairperson	0.50	Officer Director	$0	$0	$0
Richard Peller	Board Member	0.20	Director	$0	$0	$0
Keith Baurer	Board Member	0.20	Director	$0	$0	$0
Rylee Anderson	Board Member	0.20	Director	$0	$0	$0
Mike Kittelson	Board Member	0.20	Director	$0	$0	$0
Lisa Cownie	Board Member	0.20	Director	$0	$0	$0
Julia Ketcham Corbett	Board Member	0.20	Director	$0	$0	$0
Sreelatha Spieker	Board Member	0.20	Director	$0	$0	$0
Jessica Beyer	Board Member	0.20	Director	$0	$0	$0
Tami Meehan	Board Member	0.20	Director	$0	$0	$0
Thomas Finn	Board Member	0.20	Director	$0	$0	$0
Nancy Dobson	Board Member	0.20	Director	$0	$0	$0
Marcia Bahr	President	10.00	Officer	$0	$0	$0
Coty Bruender	Treasurer	1.00	Officer	$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
2024	No data	No data	No data	No data
2023	$278,001	$312,629	$1,480,770	$-34,628
2022	$391,421	$320,063	$1,344,681	$71,358
2021	$341,884	$267,592	$1,463,723	$74,292
2020	$155,806	$215,621	$1,250,975	$-59,815
2019	$364,981	$277,595	$1,124,169	$87,386
2018	$321,845	$233,678	$959,688	$88,167

Mankato Clinic Foundation Inc