MINOT PUBLIC SCHOOL FOUNDATION (EIN 450432114) - 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

1994

Legal Domicile

Principal Officer

BEN BERG

Phone

7018574555

Tax Period

2023-01-01 to 2023-12-31

MINOT PUBLIC SCHOOL FOUNDATION, founded in 1994, is a small nonprofit in the Education sector that reported $216K in total revenue in fiscal year 2023. The organization ran a surplus of $87K, a strong 40% operating margin.

Mission

TO GENERATE FUNDS FOR THE EHANCEMENT OF ALL PROGRAMS IN THE MINOT PUBLIC SCHOOLS SYSTEM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $163,179

Program Service Revenue $0

Investment Income $20,364

Other Revenue $32,375

TOTAL REVENUE $215,918

Expense Breakdown

Grants Paid $15,610

Salaries & Benefits $64,039

Fundraising Expenses $0

Program Expenses $44,465

Other Expenses $48,923

TOTAL EXPENSES $128,572

Year-over-Year Comparison

	2023	2022	Change
Revenue	$215,918	$223,165	0.0%
Expenses	$128,572	$152,726	-0.2%
Net Income	$87,346	$70,439	+0.2%

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

100

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

$8,625

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA MIHALICK	SECRETARY/TREASURER	0.77	Officer Director	$0	$0	$0
ADRIANNA WETZEL	DIRECTOR	0.77	Director	$0	$0	$0
BREKKA KRAMER	DIRECTOR	0.31	Director	$0	$0	$0
BEN BERG	PRESIDENT	0.77	Officer Director	$0	$0	$0
JANNA MCKECHINE	DIRECTOR	0.38	Director	$0	$0	$0
GINGER BESSETTE	DIRECTOR	0.27	Director	$0	$0	$0
RICH FELDNER	VICE PRESIDENT	0.12	Officer Director	$0	$0	$0
DEE BALENTINE	DIRECTOR	0.31	Director	$0	$0	$0
JAMIE SWENSON	EXECUTIVE DIRECTOR	40.00	Officer	$8,625	$0	$8,625

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	$215,918	$128,572	$971,811	$87,346
2022	$223,165	$152,726	$827,785	$70,439
2021	$245,644	$119,997	$894,818	$125,647
2020	$188,173	$130,036	$743,610	$58,137
2019	$209,940	$126,085	$685,544	$83,855
2018	$74,346	$93,446	$599,616	$-19,100

MINOT PUBLIC SCHOOL FOUNDATION