MINNESOTA LIONS HEARING FOUNDATION INC

EIN: 416172730 501(c)(3) Diseases & Disorders

GREEN ISLE, MN

Total Revenue
$356,964
Total Expenses
$288,413
Total Assets
$1,575,530
Net Assets
$1,575,530
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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
1974
Legal Domicile
MN
Principal Officer
MICHAEL VOS
Tax Period
2024-07-01 to 2025-06-30

MINNESOTA LIONS HEARING FOUNDATION INC, founded in 1974, is a small nonprofit in the Diseases & Disorders sector that reported $357K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $69K, a strong 19% operating margin.

Mission

THE ORGANIZATION WAS FOUNDED FOR THE PURPOSE OF CONDUCTING AND ADVANCING RESEARCH AND THERAPY IN THE FIELD OF EAR HEALTH AND COMMUNICATION DISORDERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $187,808
Program Service Revenue $0
Investment Income $82,168
Other Revenue $86,988
TOTAL REVENUE $356,964

Expense Breakdown

Grants Paid $236,949
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $255,060
Other Expenses $51,464
TOTAL EXPENSES $288,413

Year-over-Year Comparison

2024 2023 Change
Revenue $356,964 $316,445 +0.1%
Expenses $288,413 $87,625 +2.3%
Net Income $68,551 $228,820 -0.7%
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

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Governance

Voting Members
26
Independent Members
26
Employees
N/A
Volunteers
26

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
8
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN BLECKENBERG CHAIRMAN 1.00
Officer
$0 $0 $0
MIKE BENEDETTO VICE CHAIR 1.00
Officer
$0 $0 $0
BOB JECHOREK SECRETARY 1.00
Officer
$0 $0 $0
LORI STEINEMANN SECRETARY 1.00
Officer
$0 $0 $0
MICHAEL VOS CO-TREASURER 1.00
Officer
$0 $0 $0
SUE VOS CO-TREASURER 1.00
Officer
$0 $0 $0
ROSE THIES CO-TREASURER 1.00
Officer
$0 $0 $0
BILL KASE LIAISON 1.00
Officer
$0 $0 $0
MATT HUGGENVICK TRUSTEE 1.00
Director
$0 $0 $0
WANDA BREIMHORST TRUSTEE 1.00
Director
$0 $0 $0
GORDON MULDER TRUSTEE 1.00
Director
$0 $0 $0
BARRY ERDHAL TRUSTEE 1.00
Director
$0 $0 $0
CHERYL JECHOREK TRUSTEE 1.00
Director
$0 $0 $0
JEFF CARNES TRUSTEE 1.00
Director
$0 $0 $0
BOB HARMS TRUSTEE 1.00
Director
$0 $0 $0
DICK KIMBALL TRUSTEE 1.00
Director
$0 $0 $0
SUE BALSTAD TRUSTEE 1.00
Director
$0 $0 $0
GLADWIN LYNNE TRUSTEE 1.00
Director
$0 $0 $0
ERIC HANSON TRUSTEE 1.00
Director
$0 $0 $0
BOB KULBEIK TRUSTEE 1.00
Director
$0 $0 $0
KEVIN WALSH TRUSTEE 1.00
Director
$0 $0 $0
MARLENE HAYMAN TRUSTEE 1.00
Director
$0 $0 $0
MEL LAWLIS TRUSTEE 1.00
Director
$0 $0 $0
MIKE APPEL TRUSTEE 1.00
Director
$0 $0 $0
DALE CHRISTENSEN TRUSTEE 1.00
Director
$0 $0 $0
MARY SORENSON TRUSTEE 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 $356,964 $288,413 $1,575,530 $68,551
2024 $316,445 $87,625 $1,489,449 $228,820
2023 $272,950 $197,704 $1,234,247 $75,246
2022 $763,615 $104,269 $1,128,549 $659,346
2021 $287,832 $246,169 $605,532 $41,663
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