ALONGSIDE NETWORK

EIN: 871703441 501(c)(3) Health Care

MINNEAPOLIS, MN

Total Revenue
$225,755
Total Expenses
$296,771
Total Assets
$89,192
Net Assets
$89,192
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MN
Principal Officer
RACHEL ZAHN
Phone
6122326626
Tax Period
2024-07-01 to 2025-06-30

ALONGSIDE NETWORK, founded in 2022, is a small nonprofit in the Health Care sector that reported $226K in total revenue in fiscal year 2024. Expenses of $297K exceeded revenue, resulting in a 31% operating deficit.

Mission

ALONGSIDE NETWORK IS WORKING TO SHIFT THE SYSTEM OF CARE FOR FAMILIES WHO HAVE A CHILD WITH A LIFE-THREATENING ILLNESS OR INJURY, SUCH THAT CARE FOR MENTAL HEALTH IS INTEGRATED THROUGHOUT THEIR HOSPITAL AND RECOVERY EXPERIENCE. USING OUR WHOLE CHILD, WHOLE FAMILY FRAMEWORK, WE WORK WITH HOSPITAL SYSTEMS TO RAISE AWARENESS AND DETERMINE A TRAJECTORY OF CARE. WE ALSO WORK DIRECTLY WITH FAMILIES TO VALIDATE, CONNECT, AND SUPPORT THEM AS THEY ADJUST TO LIFE FOLLOWING A CHILD'S LIFE-THREATENING ILLNESS OR INJURY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $176,255
Program Service Revenue $49,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $225,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $255,234
Fundraising Expenses $30,634
Program Expenses $165,918
Other Expenses $41,537
TOTAL EXPENSES $296,771

Year-over-Year Comparison

2024 2023 Change
Revenue $225,755 $212,168 +0.1%
Expenses $296,771 $214,912 +0.4%
Net Income $-71,016 $-2,744 +24.9%
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

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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
8
Independent Members
8
Employees
2
Volunteers
35

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
7
$227,174
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER ASPENGREN FOUNDER AND CEO 30
Officer
$94,579 $0 $94,579
AMBER ROSS CLINICAL DIRECTOR 40
Officer
$80,179 $0 $80,179
ABE DICKISON FAMILY SUPPORT LEAD 12
Officer
$28,890 $0 $28,890
JESSICA TORRES ESTRADA COMUNICATIONS LEAD 9
Officer
$23,526 $0 $23,526
RACHEL ZAHN CHAIR 5
Officer Director
$0 $0 $0
MEGAN LINDAHL GOODRICH SECRETARY 5
Officer Director
$0 $0 $0
FELIX ISUK TREASURER 5
Officer Director
$0 $0 $0
DENISE D'ROZARIO BOARD MEMBER 3
Director
$0 $0 $0
MARK STERLING BOARD MEMBER 3
Director
$0 $0 $0
ANNA BONELLI BOARD MEMBER 3
Director
$0 $0 $0
JOSH KUGLER BOARD MEMBER 3
Director
$0 $0 $0
CAITLIN AXTMAYER BOARD MEMBER 3
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 $225,755 $296,771 $89,192 $-71,016
2024 No data No data No data No data
2023 $271,437 $137,802 $164,765 $133,635
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