MN350 (EIN 452754381) - 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

2014

Legal Domicile

Principal Officer

SHEILA LAMB

Phone

6124405350

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

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.

🔒

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 $591,841

Program Service Revenue $103,950

Investment Income $960

Other Revenue $21,745

TOTAL REVENUE $718,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $813,998

Fundraising Expenses $89,045

Program Expenses $774,775

Other Expenses $337,367

TOTAL EXPENSES $1,151,365

Year-over-Year Comparison

	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%

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

Volunteers

357

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

$136,124

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

MN350