FAMILIES AND INDIVIDUALS SHARING HOPE

EIN: 453007934 501(c)(3) Human Services

Shakopee, MN

Total Revenue
$224,642
Total Expenses
$264,459
Total Assets
$270,717
Net Assets
$270,109
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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
2011
Legal Domicile
MN
Tax Period
2024-01-01 to 2024-12-31

FAMILIES AND INDIVIDUALS SHARING HOPE, founded in 2011, is a small nonprofit in the Human Services sector that reported $225K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $264K exceeded revenue, resulting in a 18% operating deficit.

Mission

Families & Individuals Sharing Hope or FISH has been formed in Scott County with a mission to partner together to meet human need so that individuals will be able to live healthy transformed lives.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $221,990
Program Service Revenue $0
Investment Income $2,652
Other Revenue $0
TOTAL REVENUE $224,642

Expense Breakdown

Grants Paid $69,772
Salaries & Benefits $155,476
Fundraising Expenses $0
Program Expenses $181,970
Other Expenses $39,211
TOTAL EXPENSES $264,459

Year-over-Year Comparison

2024 2023 Change
Revenue $224,642 $241,948 -0.1%
Expenses $264,459 $269,920 0.0%
Net Income $-39,817 $-27,972 +0.4%
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

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Governance

Voting Members
14
Independent Members
N/A
Employees
2
Volunteers
N/A

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
0
$0
Total Directors
13
$87,097
Key Employees
1
$57,330
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bethany Tjornhom Executive Director 40.00
Director
$87,097 $0 $87,097
Tom Christie Chairman 15.00
Director
$0 $0 $0
Jake Johnston Treasurer 5.00
Director
$0 $0 $0
Jane Wiley Board Member 1.00
Director
$0 $0 $0
Dave Beer Board Member 1.00
Director
$0 $0 $0
Terry Hassan Board Member 1.00
Director
$0 $0 $0
Sarah Gavert Board Member 1.00
Director
$0 $0 $0
Cara Madsen Board Member 1.00
Director
$0 $0 $0
Ron Brist Board Member 1.00
Director
$0 $0 $0
Jon Ulrich Board Member 1.00
Director
$0 $0 $0
Adam Johnson Board Member 1.00
Director
$0 $0 $0
Bailey Shanley Board Member 1.00
Director
$0 $0 $0
Luke Hennen Board Member 1.00
Director
$0 $0 $0
Rachael Residence Program Coordinator 40.00
Key Emp
$57,330 $0 $57,330
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 $224,642 $264,459 $270,717 $-39,817
2023 $241,948 $269,920 $310,485 $-27,972
2022 $238,151 $232,555 $337,638 $5,596
2021 $239,563 $191,776 $332,047 $47,787
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