Steele Development

EIN: 832767956 501(c)(3)

Mankato, MN

Total Revenue
$249,176
Total Expenses
$108,879
Total Assets
N/A
Net Assets
N/A
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MN
Principal Officer
Jeremy Brown
Phone
5073850505
Tax Period
2025-01-01 to 2025-12-31

Steele Development, founded in 2018, is a small nonprofit that reported $249K in total revenue in fiscal year 2025. The organization ran a surplus of $140K, a strong 56% operating margin.

Mission

To provide opportunity and mentoring of young athletes to pursue their goals of playing college athletics and obtaining higher education.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $226,226
Program Service Revenue $22,950
Investment Income $0
Other Revenue $0
TOTAL REVENUE $249,176

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,705
Fundraising Expenses $0
Program Expenses $61,630
Other Expenses $95,174
TOTAL EXPENSES $108,879

Year-over-Year Comparison

2025 2024 Change
Revenue $249,176 $238,979 +0.0%
Expenses $108,879 $240,076 -0.5%
Net Income $140,297 $-1,097 -128.9%
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

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
3
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
3
$0
Total Directors
6
$7,962
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeremy Brown President 3.00
Officer Director
$0 $0 $0
Debra Knott Treasurer 3.00
Officer Director
$0 $0 $0
Kelly Heitkamp Secretary 3.00
Officer Director
$0 $0 $0
Nick Adamek Board Member/Head Coach 3.00
Director
$7,962 $0 $7,962
Sebastian Vokon Board Member 3.00
Director
$0 $0 $0
Allen Smith Board Member 3.00
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 $249,176 $108,879 No data $140,297
2024 $238,979 $240,076 $75,327 $-1,097
2023 $345,373 $263,654 $50,654 $81,719
2022 $227,939 $330,087 $59,423 $-102,148
2021 $254,884 $247,984 $106,660 $6,900
2020 $266,540 $257,382 $60,950 $9,158
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Steele Development with other nonprofits in Minnesota and across the country.