MINNESOTA VETERANS 4 VETERANS TRUST C/O MDVA-2ND FLOOR (EIN 416547599) - 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

2006

Legal Domicile

Principal Officer

GREG PETERSON

Phone

6512911212

Tax Period

2024-01-01 to 2024-12-31

MINNESOTA VETERANS 4 VETERANS TRUST C/O MDVA-2ND FLOOR, founded in 2006, is a small nonprofit in the Public & Societal Benefit sector that reported $372K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $443K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE MINNESOTA VETERANS 4 VETERANS TRUST FUND HELPS MINNESOTA VETERANS INTEGRATE INTO SOCIETY, AND LEAD HEALTHIER AND INDEPENDENT LIVES BY FUNDING PROGRAMS FOR VETERAN ORGANIZATIONS IN THE STATE OF MINNESOTA.

🔒

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 $100

Program Service Revenue $0

Investment Income $371,407

Other Revenue $0

TOTAL REVENUE $371,507

Expense Breakdown

Grants Paid $253,836

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $376,169

Other Expenses $189,559

TOTAL EXPENSES $443,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$371,507	$508,603	-0.3%
Expenses	$443,395	$250,965	+0.8%
Net Income	$-71,888	$257,638	-1.3%

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
DALE HOOGEVEEN	CHAIRMAN	0.50	Officer Director	$0	$0	$0
CURT HERMANSON	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
DON PANKAKE	SECRETARY	1.00	Officer Director	$0	$0	$0
GREG PETERSON	TREASURER	1.00	Officer Director	$0	$0	$0
ELLSWORTH FIELDS	BOARD MEMBER	0.00	Director	$0	$0	$0
MIKE MCELHINEY	BOARD MEMBER	0.00	Director	$0	$0	$0
DARREL REDEPENNING	BOARD MEMBER	0.00	Director	$0	$0	$0
REGGIE WORLDS	BOARD MEMBER	0.00	Director	$0	$0	$0
DEAN ASCHEMAN	ADMIN OFFICER	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	$371,507	$443,395	$4,485,718	$-71,888
2023	$508,603	$250,965	$4,474,170	$257,638
2022	$-106,845	$288,677	$4,216,532	$-395,522
2021	$317,390	$351,399	$4,612,054	$-34,009
2020	$160,784	$171,794	$4,646,063	$-11,010
2019	$178,312	$264,530	$4,657,073	$-86,218
2018	$183,612	$253,570	$4,743,291	$-69,958

MINNESOTA VETERANS 4 VETERANS TRUST C/O MDVA-2ND FLOOR