ALEX JOHNSON MEMORIAL FUND INC

EIN: 731701523 501(c)(3) Education

Grant, MN

Total Revenue
$7,793
Total Expenses
$40,100
Total Assets
$929,782
Net Assets
$929,782
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MN
Principal Officer
Glenn Johnson
Phone
6513085902
Tax Period
2025-01-01 to 2025-12-31

ALEX JOHNSON MEMORIAL FUND INC, founded in 2005, is a micro nonprofit in the Education sector that reported $8K in total revenue in fiscal year 2025. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $40K exceeded revenue, resulting in a 415% operating deficit.

Mission

The primary purpose of the foundation is to contribute to the post secondary education of Mahtomedi High School graduates by granting scholarships. Occasionally support is provided to other school programs such as athletic teams or science projects.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $7,793
Other Revenue $0
TOTAL REVENUE $7,793

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $40,000
Other Expenses $100
TOTAL EXPENSES $40,100

Year-over-Year Comparison

2025 2024 Change
Revenue $7,793 $10,086 -0.2%
Expenses $40,100 $27,025 +0.5%
Net Income $-32,307 $-16,939 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
1

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Justin A Johnson Vice President 0
Director
$0 $0 $0
Nathan T Johnson Vice President 0
Director
$0 $0 $0
Glenn E Johnson President 1
Director
$0 $0 $0
Michelle L Couture Vice President 0
$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 $7,793 $40,100 $929,782 $-32,307
2024 $10,086 $27,025 $842,139 $-16,939
2023 $11,627 $32,108 $709,336 $-20,481
2022 $19,228 $33,025 $597,145 $-13,797
2021 $8,837 $29,100 $748,270 $-20,263
2020 $8,897 $16,215 $614,333 $-7,318
2019 $9,341 $24,000 $543,799 $-14,659
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ALEX JOHNSON MEMORIAL FUND INC with other nonprofits in Minnesota and across the country.