BENTON ECONOMIC PARTNERSHIP INC (EIN 811843779) - 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

Formation Year

2016

Legal Domicile

Principal Officer

PAT WELTY

Phone

3209686197

Tax Period

2024-01-01 to 2024-12-31

BENTON ECONOMIC PARTNERSHIP INC, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $297K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $261K left a modest 12% surplus.

Mission

Revitalization of economically distressed communities in Benton County, Minnesota, specifically through combatting community deterioration, relief of the poor, and lessening neighborhood tensions in the economically disadvantaged area of Benton County, Minnesota.

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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 $294,456

Program Service Revenue $0

Investment Income $2,671

Other Revenue $0

TOTAL REVENUE $297,127

Expense Breakdown

Grants Paid $0

Salaries & Benefits $196,542

Fundraising Expenses $13,038

Program Expenses $221,651

Other Expenses $64,224

TOTAL EXPENSES $260,766

Year-over-Year Comparison

	2024	2023	Change
Revenue	$297,127	$340,247	-0.1%
Expenses	$260,766	$222,522	+0.2%
Net Income	$36,361	$117,725	-0.7%

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

N/A

Employees

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

Total Directors

$134,525

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA OTHOUDT	Executive Dir.	40.00	Director	$134,525	$0	$134,525
JOHN HERGES	Director	0.50	Director	$0	$0	$0
DR TRISH PERRY	Director	0.50	Director	$0	$0	$0
JAKE ALLEN BAUERLY	Director	0.50	Director	$0	$0	$0
LAURA KANGAS	Director	0.50	Director	$0	$0	$0
ED POPP	Director	0.50	Director	$0	$0	$0
JESSE ARNDT	Director	0.50	Director	$0	$0	$0
BRANDON VOIT	Director	0.50	Director	$0	$0	$0
SARAH BRUNN	Director	0.50	Director	$0	$0	$0
SANDRA SALDANA	President	1.00	Officer	$0	$0	$0
KEVIN JOHNSON	Vice President	1.00	Officer	$0	$0	$0
PAT WELTY	Treasurer	1.00	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	$297,127	$260,766	$326,083	$36,361
2023	$340,247	$222,522	$290,021	$117,725
2022	$201,164	$211,311	$172,583	$-10,147

BENTON ECONOMIC PARTNERSHIP INC