CORCORAN COMMUNITY FUND (EIN 832989224) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

KIRSTEN THOMPSON

Phone

6128166787

Tax Period

2024-01-01 to 2024-12-31

CORCORAN COMMUNITY FUND, founded in 2019, is a small nonprofit in the Human Services sector that reported $452K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

To support the community & people of Corcoran, MN, including community events, Corcoran emergency services, & disaster & emergency relief.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $109,300

Program Service Revenue $342,825

Investment Income $0

Other Revenue $0

TOTAL REVENUE $452,125

Expense Breakdown

Grants Paid $10,405

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $437,612

Other Expenses $433,949

TOTAL EXPENSES $444,354

Year-over-Year Comparison

	2024	2023	Change
Revenue	$452,125	$411,026	+0.1%
Expenses	$444,354	$553,060	-0.2%
Net Income	$7,771	$-142,034	-1.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

140

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
KIRSTEN THOMPSON	Chairman	3.00	Officer Director	$0	$0	$0
CHAD ROBRAN	President	3.00	Officer Director	$0	$0	$0
JUDY STREHLER	Secretary	3.00	Officer Director	$0	$0	$0
VALERIE NYBO	Treasurer	3.00	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
2024	$452,125	$444,354	$41,127	$7,771
2023	$411,026	$553,060	$33,356	$-142,034
2022	$407,843	$319,418	$175,390	$88,425
2021	$225,760	$248,301	$86,965	$-22,541
2019	$305,157	$193,968	$111,189	$111,189

CORCORAN COMMUNITY FUND