ANOKA HENNEPIN CREDIT UNION SPIRIT FOUNDATION (EIN 812373578) - 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

TERRY ANDERSON

Phone

7634220290

Tax Period

2023-01-01 to 2023-12-31

ANOKA HENNEPIN CREDIT UNION SPIRIT FOUNDATION, founded in 2016, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $33K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 40% operating margin.

Mission

THE FOUNDATION SUPPORTS LOCAL ORGANIZATIONS WHICH PROVIDE SAFETY, HEALTH, NOURISHMENT, EDUCATION, OR INSPIRATION TO YOUNG ADULTS IN LOCAL COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $39,251

Program Service Revenue $0

Investment Income $0

Other Revenue $-6,175

TOTAL REVENUE $33,076

Expense Breakdown

Grants Paid $18,095

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,095

Other Expenses $1,860

TOTAL EXPENSES $19,955

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,076	$24,507	+0.3%
Expenses	$19,955	$23,336	-0.1%
Net Income	$13,121	$1,171	+10.2%

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

$371,047

Total Directors

$371,047

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY ANDERSON	PRESIDENT	1.00	Officer Director	$0	$0	$1,210
JIM GAFFNEY	PRESIDENT (THRU 09/2023)	1.00	Officer Director	$0	$0	$1,350
TODD PROULX	SECRETARY	1.00	Officer Director	$0	$0	$2,210
JEFF CLAUSSEN	TREASURER	1.00	Officer Director	$0	$39,821	$366,277

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
2023	$33,076	$19,955	$49,091	$13,121
2022	$24,507	$23,336	$35,969	$1,171
2021	$20,916	$18,579	$34,798	$2,337
2020	$10,572	$22,089	$32,461	$-11,517
2019	$33,350	$17,136	$43,978	$16,214
2018	$25,410	$11,893	$27,764	$13,517

ANOKA HENNEPIN CREDIT UNION SPIRIT FOUNDATION