RECONCILIATION ASSOCIATES INC

EIN: 562588912 501(c)(3) Human Services

Plymouth, MN

Total Revenue
$398,540
Total Expenses
$465,977
Total Assets
$782,152
Net Assets
$782,152
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MN
Principal Officer
George Kenworthy
Phone
6123965311
Tax Period
2024-01-01 to 2024-12-31

RECONCILIATION ASSOCIATES INC, founded in 2007, is a small nonprofit in the Human Services sector that reported $399K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $466K exceeded revenue, resulting in a 17% operating deficit.

Mission

Multiply healthy marriages and families. Impact marriages and families in crisis domestically and around the world. Equip pastors, marriage mentors, divorce attorneys, and students with resources so they can more effectively help couples, families and individuals enjoy more satisfying marriages, families and personal well-being

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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 $398,540
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $398,540

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,423
Fundraising Expenses $82,840
Program Expenses $235,940
Other Expenses $436,554
TOTAL EXPENSES $465,977

Year-over-Year Comparison

2024 2023 Change
Revenue $398,540 $318,233 +0.3%
Expenses $465,977 $488,911 0.0%
Net Income $-67,437 $-170,678 -0.6%
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
12
Independent Members
12
Employees
5
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tammy Shade Secretary 0
Director
$0 $0 $0
John Goodman Treasurer 0
Officer Director
$0 $0 $0
Mike Miller Board chair 0
$0 $0 $0
Kathleen Battis Board member 0
$0 $0 $0
Marc Swiontkowski Board member 0
$0 $0 $0
Paul Magnuson Board member 0
$0 $0 $0
Eric Vandenbrink Board member 0
$0 $0 $0
Gregg Landrum Board member 0
$0 $0 $0
Sandy Gilbert Board member 0
$0 $0 $0
Ramon Pastrano Board member 0
$0 $0 $0
Paul Bierhaus Board member 0
$0 $0 $0
Deborah Hedlund Board Member 0.00
$0 $0 $0
George Kenworthy President 60
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 $398,540 $465,977 $782,152 $-67,437
2023 $318,233 $488,911 $849,589 $-170,678
2022 $173,820 $536,935 $1,020,267 $-363,115
2021 $1,207,951 $546,092 $1,385,252 $661,859
2020 $707,638 $605,665 $726,336 $101,973
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