Finland, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Friends of Finland and Community, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $396K in total revenue in fiscal year 2024. Expenses of $476K exceeded revenue, resulting in a 20% operating deficit.
Community & Culture Recreation & Entertainment Education
Activities and Events are held to bring the Community together through Food, primarily from the Finnish Culture.
Recreational Activities and Events are held for Finland Minnesotas Youth.
Educational Activities and Events are hosted for the purpose of teaching Agriculural Habits.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $396,245 | $399,776 | 0.0% |
| Expenses | $476,088 | $421,300 | +0.1% |
| Net Income | $-79,843 | $-21,524 | +2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Honor Schauland | Executive Director | 35.00 |
Officer
Director
|
$38,628 | $0 | $38,628 |
| Kurt Mead | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Danielle Hefferan | Vice Chair & Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kathy Chumley | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Randy Duke | Board Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Terry Miller | Board Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Shelby Roback | Board Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Elaine Loeffler | Board Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kim Wolfgram-Salz | Board Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $396,245 | $476,088 | $278,819 | $-79,843 |
| 2023 | $399,776 | $421,300 | $340,412 | $-21,524 |
| 2022 | $425,152 | $411,265 | $360,915 | $13,887 |
| 2021 | $341,080 | $328,764 | $340,134 | $12,316 |
| 2020 | $315,280 | $248,392 | $323,906 | $66,888 |
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