Minnesota Parent Union (EIN 844704645) - 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

2020

Legal Domicile

Phone

6514100909

Tax Period

2023-01-01 to 2023-12-31

Minnesota Parent Union, founded in 2020, is a small nonprofit in the Education sector that reported $310K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $495K exceeded revenue, resulting in a 60% operating deficit.

Mission

MNPU is dedicated to creating an environment where the vision for education in Minnesota is created with children and families, not for them. We aim to eliminate the status quo so that school leaders and parents are partners in creating great schools and ensuring quality education. MNPU connects, informs, and empowers parent leaders to give families in Minnesota a voice and choice in the vision for reconstructing education.

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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 (2023)

Revenue Breakdown

Contributions & Grants $302,912

Program Service Revenue $0

Investment Income $7,280

Other Revenue $0

TOTAL REVENUE $310,192

Expense Breakdown

Grants Paid $0

Salaries & Benefits $303,330

Fundraising Expenses $30,819

Program Expenses $402,963

Other Expenses $189,526

TOTAL EXPENSES $495,056

Year-over-Year Comparison

	2023	2022	Change
Revenue	$310,192	$475,692	-0.3%
Expenses	$495,056	$517,431	0.0%
Net Income	$-184,864	$-41,739	+3.4%

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

N/A

Employees

Volunteers

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
Rashad Turner	Executive Director	65.00		$180,125	$0	$180,125
Jazmin Danielson	Treasurer	1.00	Officer Director	$0	$0	$0
Gabrielle Grier	Secretary	2.00	Officer Director	$0	$0	$0
Marea Perry	Chairman	1.00	Officer Director	$0	$0	$0
Bill English	Vice President	1.00	Officer Director	$0	$0	$0
Chris Johnson	Director	1.00	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
2023	$310,192	$495,056	$334,120	$-184,864
2022	$475,692	$517,431	$518,469	$-41,739
2021	$709,367	$432,565	$561,320	$276,802

Minnesota Parent Union