FRIENDS OF CAREER SOLUTIONS (EIN 821354223) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

TAMMY STARK

Phone

3203085818

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF CAREER SOLUTIONS, founded in 2017, is a small nonprofit in the Employment sector that reported $576K in total revenue in fiscal year 2024. Revenue surged 111% from the prior year, signaling strong growth momentum. The organization ran a surplus of $205K, a strong 36% operating margin.

Mission

FRIENDS OF CAREER SOLUTIONS PROMOTES ECONOMIC VITALITY IN CENTRAL MINNESOTA THROUGH FLEXIBLE, INNOVATIVE, AND EFFECTIVE WORKFORCE DEVELOPMENT.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $574,175

Program Service Revenue $0

Investment Income $2,198

Other Revenue $0

TOTAL REVENUE $576,373

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $364,121

Other Expenses $371,452

TOTAL EXPENSES $371,452

Year-over-Year Comparison

	2024	2023	Change
Revenue	$576,373	$273,690	+1.1%
Expenses	$371,452	$178,134	+1.1%
Net Income	$204,921	$95,556	+1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BORGERT	CHAIR	1.00	Officer Director	$0	$0	$0
TAMMY STARK	EX-OFFICIO MEMBER	4.00	Officer Director	$0	$0	$0
CRYSTAL LAHR	TREASURER	0.50	Officer Director	$0	$0	$0
JAMA ALIMAD	MEMBER	0.50	Director	$0	$0	$0
DOMINIQUE HOLLOMON	SECRETARY	0.50	Officer 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
2025	$576,373	$371,452	$592,098	$204,921
2024	$273,690	$178,134	$272,323	$95,556
2023	$334,049	$371,568	$227,960	$-37,519
2022	$234,543	$196,272	$210,946	$38,271
2021	$382,622	$276,394	$245,639	$106,228
2020	$258,078	$213,336	$69,493	$44,742

FRIENDS OF CAREER SOLUTIONS