MADDY NELSON MEMORIAL FOUNDATION

EIN: 824237436 501(c)(3) Education

CAMBRIDGE, MN

Total Revenue
$330,065
Total Expenses
$364,331
Total Assets
$214,233
Net Assets
$214,233
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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
MN
Phone
6129190563
Tax Period
2025-01-01 to 2025-12-31

MADDY NELSON MEMORIAL FOUNDATION, founded in 2016, is a small nonprofit in the Education sector that reported $330K in total revenue in fiscal year 2025. Expenses of $364K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE SCHOLARSHIPS

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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 (2025)

Revenue Breakdown

Contributions & Grants $330,016
Program Service Revenue $0
Investment Income $49
Other Revenue $0
TOTAL REVENUE $330,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $178,731
Program Expenses $183,192
Other Expenses $364,331
TOTAL EXPENSES $364,331

Year-over-Year Comparison

2025 2024 Change
Revenue $330,065 N/A N/A
Expenses $364,331 N/A N/A
Net Income $-34,266 N/A N/A
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
5
Independent Members
N/A
Employees
N/A
Volunteers
5

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN J NELSON PRESIDENT 4.00
Officer
$0 $0 $0
SCOTT L NELSON VICE PRESIDENT 1.00
Officer
$0 $0 $0
CAMEO K ZEHNDER SECRETARY 1.00
Officer
$0 $0 $0
MICHELLE P MANKE MEMBER AT LARGE 1.00
Officer
$0 $0 $0
JEFFERY G MANKE 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
2025 $330,065 $364,331 $214,233 $-34,266
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