MINNREG VETERANS ASSOCIATION INC (EIN 591203965) - 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

Legal Domicile

Principal Officer

JOHN BOWERS

Phone

7274212112

Tax Period

2024-01-01 to 2024-12-31

MINNREG VETERANS ASSOCIATION INC is a micro nonprofit that reported $41K in total revenue in fiscal year 2024. Expenses of $203K exceeded revenue, resulting in a 394% operating deficit.

Mission

SOCIAL, RECREATIONAL, COMMUNITY SERVICE

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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 $3,786

Program Service Revenue $235

Investment Income $36,992

Other Revenue $15

TOTAL REVENUE $41,028

Expense Breakdown

Grants Paid $45,077

Salaries & Benefits $17,400

Fundraising Expenses $0

Program Expenses $164,776

Other Expenses $140,397

TOTAL EXPENSES $202,874

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,028	$42,720	0.0%
Expenses	$202,874	$172,271	+0.2%
Net Income	$-161,846	$-129,551	+0.2%

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

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

$17,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BOWERS	CHAIRMAN	10.00	Director	$0	$0	$0
TOM CONNOR	DIRECTOR	10.00	Director	$0	$0	$0
TERRY MILLER	CORPORATE SE	10.00	Officer Director	$0	$0	$0
MARY REFFELT	DIRECTOR	10.00	Director	$0	$0	$0
TERI GODFREY	DIRECTOR	10.00	Director	$0	$0	$0
BETTY HELD	DIRECTOR	10.00	Director	$0	$0	$0
KARYN KLOS	DIRECTOR	10.00	Director	$0	$0	$0
GENE WARD	DIRECTOR	10.00	Director	$0	$0	$0
MARK WOLF	DIRECTOR	10.00	Director	$0	$0	$0
THOM DUPPER	PRESIDENT	20.00	Officer	$9,600	$0	$9,600
GEORGE SUTHER	TREASURER	20.00	Officer	$7,800	$0	$7,800

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	$41,028	$202,874	$1,538,444	$-161,846
2023	$42,720	$172,271	$1,558,875	$-129,551
2022	$78,985	$179,036	$1,566,770	$-100,051
2021	$33,352	$225,291	$1,982,463	$-191,939
2020	$2,324,452	$220,208	$2,176,402	$2,104,244

MINNREG VETERANS ASSOCIATION INC