HENNEPIN SCHOOLS BUILDING COMPANY

EIN: 862439975 501(c)(3)

MINNEAPOLIS, MN

Total Revenue
$301,457
Total Expenses
$1,060,050
Total Assets
$21,085,621
Net Assets
$-771,392
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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
2021
Legal Domicile
MN
Principal Officer
JULIE HENDERSON
Phone
6128435050
Tax Period
2021-07-01 to 2022-06-30

HENNEPIN SCHOOLS BUILDING COMPANY, founded in 2021, is a small nonprofit that reported $301K in total revenue in fiscal year 2021. Expenses of $1.1M exceeded revenue, resulting in a 252% operating deficit.

Mission

TO SUPPORT THE MISSION AND VISION OF HENNEPIN SCHOOLS THROUGH THE OWENERSHIP OF REAL PROPERTY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $300,000
Program Service Revenue $1
Investment Income $1,456
Other Revenue $0
TOTAL REVENUE $301,457

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,060,050
Other Expenses $1,060,050
TOTAL EXPENSES $1,060,050

Year-over-Year Comparison

2021 2020 Change
Revenue $301,457 N/A N/A
Expenses $1,060,050 $12,799 +81.8%
Net Income $-758,593 $-12,799 +58.3%
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
3
Independent Members
1
Employees
N/A
Volunteers
2

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
$186,466
Total Directors
4
$186,466
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE HENDERSON SECRETARY 1.00
Officer Director
$0 $26,960 $186,466
SIAD ALI TREASURER 1.00
Officer Director
$0 $0 $0
JEFFREY RAINEY PRESIDENT 1.00
Officer Director
$0 $0 $0
YUSUF MOHAMED 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
2022 $301,457 $1,060,050 $21,085,621 $-758,593
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