X OUT ALD INC

EIN: 851423811 501(c)(3) Medical Research

Bloomington, MN

Total Revenue
$175,060
Total Expenses
$204,549
Total Assets
$2,848
Net Assets
$2,848
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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
MN
Phone
9522706045
Tax Period
2022-01-01 to 2022-12-31

X OUT ALD INC, founded in 2020, is a small nonprofit in the Medical Research sector that reported $175K in total revenue in fiscal year 2022. Revenue decreased 19% compared to the prior year. Expenses of $205K exceeded revenue, resulting in a 17% operating deficit.

Mission

X out ALD is a 501c3 organization dedicated to increasing awareness of adrenoleukodystrophy and supporting research of the disease at the University of Minnesota Leukodystrophy Center. We raise funds for medical research that will lead to more effective treatments and improve outcomes for children with ALD.

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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 (2022)

Revenue Breakdown

Contributions & Grants $174,918
Program Service Revenue $0
Investment Income $142
Other Revenue $0
TOTAL REVENUE $175,060

Expense Breakdown

Grants Paid $192,000
Salaries & Benefits $0
Fundraising Expenses $11,800
Program Expenses $192,000
Other Expenses $12,549
TOTAL EXPENSES $204,549

Year-over-Year Comparison

2022 2021 Change
Revenue $175,060 $215,010 -0.2%
Expenses $204,549 $192,625 +0.1%
Net Income $-29,489 $22,385 -2.3%
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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amanda Valdez President 5.00
Director
$0 $0 $0
Dan Groh Treasurer 5.00
Director
$0 $0 $0
Cassie Groh Secretary 5.00
Director
$0 $0 $0
Jamie McCanelly Vice President 5.00
Director
$0 $0 $0
Kirsten Finn Board Member 5.00
Director
$0 $0 $0
Marie Adrian Board Member 5.00
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
2022 $175,060 $204,549 $2,848 $-29,489
2021 $215,010 $192,625 $33,348 $22,385
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