FRIENDS OF TASAAGA

EIN: 471693900 501(c)(3) International Affairs

Burnsville, MN

Total Revenue
$239,216
Total Expenses
$272,838
Total Assets
$28,013
Net Assets
$28,013
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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
2014
Legal Domicile
MN
Principal Officer
Linda Kraemer
Phone
7638073674
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF TASAAGA, founded in 2014, is a small nonprofit in the International Affairs sector that reported $239K in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $273K exceeded revenue, resulting in a 14% operating deficit.

Mission

NAICS Code 61 Education

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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 $239,200
Program Service Revenue $0
Investment Income $16
Other Revenue $0
TOTAL REVENUE $239,216

Expense Breakdown

Grants Paid $272,838
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $272,838
Other Expenses $0
TOTAL EXPENSES $272,838

Year-over-Year Comparison

2024 2023 Change
Revenue $239,216 $140,541 +0.7%
Expenses $272,838 $101,499 +1.7%
Net Income $-33,622 $39,042 -1.9%
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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kerry Kraemer Director 2
Officer
$0 $0 $0
Linda Kraemer Director-co 2
Officer
$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
2024 $239,216 $272,838 $28,013 $-33,622
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