MINNESOTA DAIRY INITIATIVE-STATE (EIN 823883293) - 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

BARRY VISSER

Tax Period

2024-07-01 to 2025-06-30

MINNESOTA DAIRY INITIATIVE-STATE, founded in 2017, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $495K in total revenue in fiscal year 2024. Expenses of $548K exceeded revenue, resulting in a 11% operating deficit.

Mission

MDI'S MISSION IS TO HELP EXISTING AND POTENTIAL DAIRY PRODUCERS SUCCEED THROUGH TEAM-BASED ON-FARM EDUCATION, RESOURCES AND NETWORKING.

🔒

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 $495,425

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $495,425

Expense Breakdown

Grants Paid $0

Salaries & Benefits $338,082

Fundraising Expenses $0

Program Expenses $380,075

Other Expenses $210,338

TOTAL EXPENSES $548,420

Year-over-Year Comparison

	2024	2023	Change
Revenue	$495,425	$507,531	0.0%
Expenses	$548,420	$552,797	0.0%
Net Income	$-52,995	$-45,266	+0.2%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTI BRIARD	DIRECTOR	1.00	Director	$0	$0	$0
NATE CONVERSE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE GRIEBEL	DIRECTOR	1.00	Director	$0	$0	$0
KAREN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
ALISON RICKEMAN	DIRECTOR	1.00	Director	$0	$0	$0
GREG SABOLIK	DIRECTOR	1.00	Director	$0	$0	$0
JIM SALFER	SECRETARY	2.00	Director	$0	$0	$0
LUCAS SJOSTROM	DIRECTOR	1.00	Director	$0	$0	$0
RYAN STEELE	TREASURER	2.00	Director	$0	$0	$0
JIM VELDE	VICE CHAIR	2.00	Director	$0	$0	$0
BARRY VISSER	CHAIR	2.00	Director	$0	$0	$0
ANGIE WALTER	DIRECTOR	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
2025	$495,425	$548,420	$149,217	$-52,995
2024	$507,531	$552,797	$202,212	$-45,266
2023	$557,031	$482,127	$247,478	$74,904
2022	$677,541	$590,632	$172,574	$86,909
2021	$557,977	$594,888	$85,665	$-36,911
2020	$582,915	$538,964	$122,576	$43,951
2019	$480,562	$505,147	$78,625	$-24,585
2018	$581,819	$478,609	$103,210	$103,210

MINNESOTA DAIRY INITIATIVE-STATE