MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)MN350, founded in 2014, is a small nonprofit in the Environment sector that reported $718K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 60% operating deficit.
MN350 UNITES MINNESOTANS WITH THE GLOBAL MOVEMENT TO END THE POLLUTION DAMAGING OUR CLIMATE, SPEED THE TRANSITION TO CLEAN ENERGY, AND CREATE A JUST AND HEALTHY FUTURE FOR ALL.
IN 2024, MN350 HAD A DIRECTOR OF COMMUNITY IMPACT POSITION, MW, WHO STREAMLINED THE MANAGEMENT OF RUNNING PROGRAMS BY ADAPTING TO ITS ORGANIZATIONAL CULTURE. THIS YEAR PRESENTED NUMEROUS CHALLENGES...
IN 2024, MN350 HAD A DIRECTOR OF COMMUNITY IMPACT POSITION, MW, WHO STREAMLINED THE MANAGEMENT OF RUNNING PROGRAMS BY ADAPTING TO ITS ORGANIZATIONAL CULTURE. THIS YEAR PRESENTED NUMEROUS CHALLENGES, INCLUDING CHANGES IN STAFF, SHIFTING PROGRAM PRIORITIES, LEADERSHIP TRANSITIONS, AND THE LOOMING THREAT OF FINANCIAL DIFFICULTIES THAT COULD IMPACT THE ORGANIZATION'S OPERATIONS. DESPITE THIS, THE ORGANIZERS QUICKLY EMBRACED NEW WORK PLANS, TACTICS, AND TOOLS TO ENHANCE FUTURE VOLUNTEER RECRUITMENT AND COMMUNITY ENGAGEMENT STRATEGIES.TO ENHANCE OUR HUD EXPANSION EFFORTS, WE PLAN TO EVALUATE OUR STRATEGIES TO ENSURE A SUCCESSFUL ROLLOUT IN EARLY 2025. ENGAGING WITH THE ROCHESTER COMMUNITY IS ESSENTIAL FOR ESTABLISHING AN OPERATIONAL HUB. OUR OBJECTIVE IS TO DEVELOP A COMPREHENSIVE STRATEGY FOR THE FIRST TWO QUARTERS, INCLUDING BUDGETING, KEY STAKEHOLDERS, AND TIMELINES, WHILE ACTIVELY INVOLVING MN350'S ROCHESTER VOLUNTEERS. EFFECTIVE DATA COLLECTION PRACTICES ARE CRUCIAL FOR DRIVING OUR ORGANIZATIONAL PROGRAMS AND CAMPAIGN INITIATIVES. TO FACILITATE THIS, WE WILL IMPLEMENT MANDATORY QUARTERLY INDEPENDENT CAMPAIGN STRATEGY SESSIONS FOR EACH ORGANIZER IN THE COMING YEAR, SETTING NEW EXPECTATIONS THAT FOSTER SUCCESSFUL CAMPAIGNS AND MEASURABLE OUTCOMES. CREATING BENCHMARKS, ESTABLISHING QUANTITATIVE GOALS, AND MAINTAINING REGULAR EVALUATION PRACTICES HAVE ALREADY YIELDED POSITIVE RESULTS FOR MN350. BY ENCOURAGING COLLABORATION AMONG PROGRAMS, WE AIM TO IDENTIFY A CENTRALIZED, TANGIBLE GOAL FOR MN350. BY ARTICULATING A SPECIFIC TARGET, WE CAN FOCUS OUR COLLECTIVE EFFORTS. WHETHER WE CONCENTRATE ON PROTECTING BOUNDARY WATERS, SERVING MINNESOTANS, OR PROMOTING HEALTH AND WELL-BEING, SELECTING A UNIFIED GOAL WILL BE OUR PRIORITY AS WE MOVE FORWARD. IN 2024, THE LEADERSHIP AND STAFF SUCCESSFULLY NEGOTIATED A NEW UNION CONTRACT, RESULTING IN THE STAFF'S UNIONIZATION.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $718,496 | $1,149,806 | -0.4% |
| Expenses | $1,151,365 | $1,354,345 | -0.1% |
| Net Income | $-432,869 | $-204,539 | +1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SHEILA LAMB | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SARAH DRIEVER | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| TARA HOUSKA | VICE PRESIDENT | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| MALIAH-MAE PENNINGTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DARA TOPPING | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THERESA MCCLENTY | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$115,080 | $21,044 | $136,124 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $718,496 | $1,151,365 | $600,802 | $-432,869 |
| 2023 | $1,149,806 | $1,354,345 | $1,036,221 | $-204,539 |
| 2022 | $1,441,218 | $1,456,590 | $1,240,328 | $-15,372 |
| 2021 | $2,842,783 | $2,270,112 | $1,735,029 | $572,671 |
| 2020 | $1,640,702 | $1,144,709 | $1,205,033 | $495,993 |
| 2019 | $1,165,694 | $995,202 | $540,503 | $170,492 |
| 2018 | $701,219 | $824,251 | $363,408 | $-123,032 |
Compare MN350 with other nonprofits in Minnesota and across the country.