PARNASSUS BUILDING COMPANY

EIN: 825253891 501(c)(3) Education

MAPPLE GROVE, MN

Total Revenue
$2,258,197
Total Expenses
$1,789,740
Total Assets
$25,329,296
Net Assets
$780,277
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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
2018
Legal Domicile
MN
Principal Officer
JOHN R DYER
Phone
7634961416
Tax Period
2024-07-01 to 2025-06-30

PARNASSUS BUILDING COMPANY, founded in 2018, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. The organization ran a surplus of $468K, a strong 21% operating margin.

Mission

TO SUPPORT THE MISSION AND VISION OF PARNASSUS PREPARATORY SCHOOL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,131,308
Investment Income $126,889
Other Revenue $0
TOTAL REVENUE $2,258,197

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,789,740
Other Expenses $1,789,740
TOTAL EXPENSES $1,789,740

Year-over-Year Comparison

2024 2023 Change
Revenue $2,258,197 $2,255,360 +0.0%
Expenses $1,789,740 $1,825,773 0.0%
Net Income $468,457 $429,587 +0.1%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS SMITH PRESIDENT 1.00
Officer Director
$0 $0 $0
ROBERT DYER TREASURER 1.00
Officer Director
$0 $0 $0
LAURA BOTTENFIELD SECRETARY 1.00
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 $2,258,197 $1,789,740 $25,329,296 $468,457
2024 No data No data No data No data
2023 $2,159,197 $1,814,987 $25,588,097 $344,210
2022 $2,100,499 $1,866,701 $25,916,897 $233,798
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