MINNESOTA INSTITUTE FOR TALENTED YOUTH (EIN 416054304) - 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

1967

Legal Domicile

Principal Officer

ERICA BREWINSKI

Phone

6512432221

Tax Period

2024-10-01 to 2025-09-30

MINNESOTA INSTITUTE FOR TALENTED YOUTH, founded in 1967, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $455K, a strong 37% operating margin.

Mission

MITY'S MISSION IS TO INSPIRE AND CHALLENGE INTELLECTUALLY CURIOUS STUDENTS TO PURSUE THEIR PASSIONS WITHIN A DIVERSE, INCLUSIVE COMMUNITY AND EMPOWER THEM BY BUILDING SKILLS AND RELATIONSHIPS FOR LIFELONG SUCCESS.

🔒

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 $81,384

Program Service Revenue $804,646

Investment Income $327,624

Other Revenue $3,313

TOTAL REVENUE $1,216,967

Expense Breakdown

Grants Paid $107,973

Salaries & Benefits $197,522

Fundraising Expenses $3,643

Program Expenses $640,666

Other Expenses $456,684

TOTAL EXPENSES $762,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,216,967	$861,909	+0.4%
Expenses	$762,179	$681,981	+0.1%
Net Income	$454,788	$179,928	+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

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

$95,729

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARINE MOE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
TED SEMETANA	BOARD CHAIR / VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHAD MILLER	TREASURER	1.00	Officer Director	$0	$0	$0
CATHERINE LOH	BOARD TREASURER / DIRECTOR	1.00	Officer Director	$0	$0	$0
TERESA BOATMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
PATRICIA LANGER	DIRECTOR	1.00	Director	$0	$0	$0
KARIN ROOF	DIRECTOR	1.00	Director	$0	$0	$0
SACHIN BANSAL	DIRECTOR	1.00	Director	$0	$0	$0
PAUL CHEMELIK	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPHINE MORRISON	DIRECTOR	1.00	Director	$0	$0	$0
SEAN SOMERMEYER	DIRECTOR	1.00	Director	$0	$0	$0
ERICA BREWINSKI	EXECUTIVE DIRECTOR	40.00	Officer	$91,171	$4,558	$95,729

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	$1,216,967	$762,179	$1,940,807	$454,788
2024	$861,909	$681,981	$1,621,951	$179,928
2023	$601,753	$493,382	$1,206,612	$108,371
2022	$519,424	$411,054	$1,012,345	$108,370
2021	$412,226	$273,591	$1,082,347	$138,635
2020	$199,096	$231,660	$820,255	$-32,564
2019	$476,013	$446,329	$789,828	$29,684
2018	$479,914	$464,472	$786,344	$15,442

MINNESOTA INSTITUTE FOR TALENTED YOUTH