MINNESOTA FURS (EIN 460978790) - 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

2012

Legal Domicile

Principal Officer

Eric Stevens

Phone

4022164698

Tax Period

2024-04-01 to 2025-03-31

MINNESOTA FURS, founded in 2012, is a small nonprofit in the Human Services sector that reported $211K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $181K left a modest 14% surplus.

Mission

Minnesota Furs is organized exclusively for charitable artistic and educational purposes specifically to promote public awareness and education of anthropomorphic arts and culture together with other organizations in the broader community. MNFurs will organize and participate in a variety of public and private events aimed to encourage the community to flourish organize and build productive networks with the broader public.

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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 (2024)

Revenue Breakdown

Contributions & Grants $210,820

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $210,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,497

Fundraising Expenses $0

Program Expenses $173,243

Other Expenses $170,228

TOTAL EXPENSES $180,725

Year-over-Year Comparison

	2024	2023	Change
Revenue	$210,820	$145,720	+0.4%
Expenses	$180,725	$100,166	+0.8%
Net Income	$30,095	$45,554	-0.3%

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

N/A

Volunteers

225

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Heather McFarlane	President	5.00	Officer	$0	$0	$0
Tiffany Springer	Vice President	5.00	Officer	$0	$0	$0
Winston Thao	Vice President	5.00	Officer	$0	$0	$0
Eric Stevens	Treasurer	5.00	Officer	$0	$0	$0
Shawn McHenry	Convention Chairman	5.00	Director	$0	$0	$0
Jeff Johnson	Secretary	5.00	Officer	$0	$0	$0
Keith Ellis	Board Member	5.00	Director	$0	$0	$0

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	$210,820	$180,725	$176,796	$30,095

MINNESOTA FURS