MINOT ASSOCIATION OF BUILDERS (EIN 450394445) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

LAURI HOPWOOD

Phone

7018520496

Tax Period

2024-01-01 to 2024-12-31

MINOT ASSOCIATION OF BUILDERS, founded in 2004, is a micro nonprofit that reported $97K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $133K exceeded revenue, resulting in a 37% operating deficit.

Mission

TO PROMOTE THE PROFESSIONAL BUILDING INDUSTRY THROUGH LEGISLATION AND EDUCATION.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $39,065

Program Service Revenue $0

Investment Income $3,801

Other Revenue $54,595

TOTAL REVENUE $97,461

Expense Breakdown

Grants Paid $9,932

Salaries & Benefits $51,569

Fundraising Expenses $0

Program Expenses $101,789

Other Expenses $71,689

TOTAL EXPENSES $133,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,461	$102,788	-0.1%
Expenses	$133,190	$118,714	+0.1%
Net Income	$-35,729	$-15,926	+1.2%

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

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

$42,888

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT LEE	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MARIE HALLOF	TREASURER	0.50	Officer Director	$0	$0	$0
JEFF HAIDER	PRESIDENT	0.50	Officer Director	$0	$0	$0
CASEY SCHRIOCK	DIRECTOR	0.50	Director	$0	$0	$0
COURTNEY PARDON	DIRECTOR	0.50	Director	$0	$0	$0
KASPER ZIEGLER	DIRECTOR	0.50	Director	$0	$0	$0
RON RUDSER	DIRECTOR	0.50	Director	$0	$0	$0
AUSTIN GLEAVE	DIRECTOR	0.50	Director	$0	$0	$0
JOE STENVOLD	DIRECTOR	0.50	Director	$0	$0	$0
TRAVIS MOWBRAY	DIRECTOR	0.50	Director	$0	$0	$0
BRUCE WALKER	DIRECTOR	0.50	Director	$0	$0	$0
JARETT SCHATZ	DIRECTOR	0.50	Director	$0	$0	$0
ROB ORTS	DIRECTOR	0.50	Director	$0	$0	$0
CASEY ERICKSON	DIRECTOR	0.50	Director	$0	$0	$0
LAURI HOPWOOD	EXECUTIVE DIRECTOR	40.00	Officer	$11,250	$0	$11,250
KAYLA B JOHNSON	EXECUTIVE DIRECTOR (FORMER	40.00	Officer	$30,769	$869	$31,638

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	$97,461	$133,190	$125,945	$-35,729
2023	$102,788	$118,714	$162,084	$-15,926
2022	$150,151	$159,649	$179,827	$-9,498
2021	$178,922	$137,253	$187,777	$41,669
2020	$103,330	$129,941	$145,932	$-26,611
2019	$152,110	$136,770	$172,504	$15,340
2018	$103,741	$136,319	$156,630	$-32,578

MINOT ASSOCIATION OF BUILDERS