MINNESOTA CIT OFFICERS ASSOCIATION

EIN: 760841689 501(c)(3) Mental Health

Inver Grove Heights, MN

Total Revenue
$493,661
Total Expenses
$407,996
Total Assets
$245,817
Net Assets
$145,080
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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
2006
Legal Domicile
MN
Phone
6516592900
Tax Period
2023-01-01 to 2023-12-31

MINNESOTA CIT OFFICERS ASSOCIATION, founded in 2006, is a small nonprofit in the Mental Health sector that reported $494K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 17% operating margin.

Mission

| Explanation:| OFFICERS WERE TRAINED TO EVALUATE INDENTIFY AND DE-ESCALATE CRISIS SITUATIONS INVOLING INDIVIDUALS IN CRIS THIS INCLUDES MENTAL HEALTH DRUG ALCOHOL AND MILITTARY REINTEGRATION ISSUES THROUGH THE USE OF CLASSROOM PARTICIPATION AND ROLE PLAYING WITH PROFESSIONAL ACTORS. THE OBJECTIVE OF THE TRAINING IS TO MINIMIZE USE OF FORCE AND SEEK ALTERNATIVES TO INCARCERATION BY TRAINING OFFICERS AND FIRST RESPONDERS TO COMUNICATE WITH INDIVIDUALS IN CRISIS AND RESOLVE THE SITUATION THROUGH THE USE OF LOCAL RESOURCES AND TO CREATE COMMUNITY PARTNERSHIPS WITH MENTAL PROFESSIONLA AND THE COURTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $493,661
Investment Income $0
Other Revenue $0
TOTAL REVENUE $493,661

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,117
Fundraising Expenses $0
Program Expenses $248,604
Other Expenses $280,879
TOTAL EXPENSES $407,996

Year-over-Year Comparison

2023 2022 Change
Revenue $493,661 $403,675 +0.2%
Expenses $407,996 $400,710 +0.0%
Net Income $85,665 $2,965 +27.9%
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
5
Volunteers
N/A

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
1
$133,957
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gennae Falconer Executive Director 8.50
Officer
$31,854 $21,069 $133,957
Rob Allen Board member 1.00
Director
$0 $0 $0
Lisa Dressler Board member 1.00
Director
$0 $0 $0
Gregory Hestness Board member 1.00
Director
$0 $0 $0
Tim Kingsley Board member 1.00
Director
$0 $0 $0
Hao Nguyen Board member 1.00
Director
$0 $0 $0
Dwanna Witt Board member 1.00
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
2024 No data No data No data No data
2023 $493,661 $407,996 $245,817 $85,665
2022 $403,675 $400,710 $68,491 $2,965
2021 $344,309 $312,011 $59,205 $32,298
2020 $211,932 $267,044 $54,558 $-55,112
2019 $404,472 $402,548 $80,091 $1,924
2018 $486,665 $461,360 $81,749 $25,305
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