MINNESOTA FASTPITCH ACADEMY FOUNDATION

EIN: 460824422 501(c)(3) Recreation & Sports

NEW BRIGHTON, MN

Total Revenue
$728,157
Total Expenses
$779,956
Total Assets
$571,949
Net Assets
$102,707
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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
2012
Legal Domicile
MN
Principal Officer
LISA BERNSTEIN
Phone
6127414097
Tax Period
2023-09-01 to 2024-08-31

MINNESOTA FASTPITCH ACADEMY FOUNDATION, founded in 2012, is a small nonprofit in the Recreation & Sports sector that reported $728K in total revenue in fiscal year 2023.

Mission

INSTRUCTION AND ORGANIZATION OF INDIVIDUALS AND TEAMS FOR YOUTH ATHLETICS

Program Service Accomplishments

Program 1
Expenses: $708,914 Revenue: $728,157

INSTRUCTION AND ORGANIZATION OF INDIVIDUALS AND TEAMS FOR YOUTH ATHLETICS

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,444
Program Service Revenue $704,870
Investment Income $9,588
Other Revenue $8,255
TOTAL REVENUE $728,157

Expense Breakdown

Grants Paid $0
Salaries & Benefits $429,542
Fundraising Expenses $0
Program Expenses $708,914
Other Expenses $350,414
TOTAL EXPENSES $779,956

Year-over-Year Comparison

2023 2022 Change
Revenue $728,157 $706,359 +0.0%
Expenses $779,956 $759,542 +0.0%
Net Income $-51,799 $-53,183 0.0%
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
18
Independent Members
5
Employees
64
Volunteers
10

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
5
$239,832
Total Directors
15
$161,922
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA BERNSTEIN PRESIDENT/CEO 10.00
Officer
$97,760 $0 $97,760
JENNIFER MCGUINNESS VICE PRESIDENT 10.00
Officer
$0 $0 $0
BETHANY BENTING SECRETARY/VOTING MEMBER 10.00
Officer Director
$0 $0 $0
ANGIE JACKSON TREASURER 10.00
Officer
$59,095 $0 $59,095
MEGGAN WROBEL VOTING MEMBER/GAMBLING MANAGER 10.00
Officer Director
$82,977 $0 $82,977
DANIEL STANDERING VOTING MEMBER 5.00
Director
$0 $0 $0
LAURIE MCLAUGHLIN VOTING MEMBER 5.00
Director
$0 $0 $0
EMILY PRICE VOTING MEMBER 5.00
Director
$12,752 $0 $12,752
EMMA HYLEN VOTING MEMBER 5.00
Director
$10,543 $0 $10,543
ALEX EHDE VOTING MEMBER 5.00
Director
$5,725 $0 $5,725
BRENNA WROBEL VOTING MEMBER 5.00
Director
$4,339 $0 $4,339
COLLEEN POWERS VOTING MEMBER 5.00
Director
$6,140 $0 $6,140
RYLIE PERKINS VOTING MEMBER 5.00
Director
$7,782 $0 $7,782
LISA STANDERING VOTING MEMBER 5.00
Director
$0 $0 $0
MEGAN TONINATO VOTING MEMBER 5.00
Director
$4,138 $0 $4,138
JENNA GEORGE VOTING MEMBER 5.00
Director
$16,311 $0 $16,311
OLIVIA BEAULIEU VOTING MEMBER 5.00
Director
$11,215 $0 $11,215
JAN KORTSEN VOTING MEMBER 5.00
Director
$0 $0 $0
JULIE STANDERING PAST BOARD MEMBER 0.00
Highest
$86,262 $0 $86,262
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
2025 No data No data No data No data
2024 $728,157 $779,956 $571,949 $-51,799
2023 $706,359 $759,542 $648,327 $-53,183
2022 $849,381 $792,119 $330,811 $57,262
2021 $971,295 $1,069,067 $376,699 $-97,772
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