Mankato Christian Academy (EIN 921071838) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

Eric Else

Phone

5072621864

Tax Period

2024-07-01 to 2025-06-30

Mankato Christian Academy, founded in 2022, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

Provide Christian education for 9th-12th grade. Preparing students for the future in Jesus' name.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,769,212

Program Service Revenue $80,288

Investment Income $6,542

Other Revenue $0

TOTAL REVENUE $1,856,042

Expense Breakdown

Grants Paid $43,226

Salaries & Benefits $863,934

Fundraising Expenses $0

Program Expenses $1,521,046

Other Expenses $1,114,989

TOTAL EXPENSES $2,022,149

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,856,042	$2,376,899	-0.2%
Expenses	$2,022,149	$1,560,718	+0.3%
Net Income	$-166,107	$816,181	-1.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$153,569

Total Directors

$34,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Else	President & CEO and Board Chair	2.00	Officer Director	$0	$0	$0
Pastor Dennis Heiden	Vice President	4.00	Officer Director	$34,800	$0	$34,800
Mindy Else	Secretary	1.00	Officer Director	$0	$0	$0
Kathleen Johnson	Head of School	40.00	Officer	$118,769	$0	$118,769
Dan Holz	Controller	5.00	Officer	$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	$1,856,042	$2,022,149	$2,247,118	$-166,107
2024	No data	No data	No data	No data
2023	$721,024	$150,021	$706,504	$571,003

Mankato Christian Academy