NORTH STAR NEIGHBORS (EIN 932224498) - 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

2023

Legal Domicile

Principal Officer

KAREN WHITE

Phone

2187592057

Tax Period

2024-07-01 to 2025-06-30

NORTH STAR NEIGHBORS, founded in 2023, is a small nonprofit in the Housing & Shelter sector that reported $763K in total revenue in fiscal year 2024. The organization ran a surplus of $645K, a strong 85% operating margin.

Mission

TO PROVIDE AFFORDABLE HOME OWNERSHIP OPPORTUNITIES FOR LOW TO MODERATE INCOME HOUSEHOLDS BY RETAINING OWNERSHIP OF THE LAND ON WHICH THE HOUSE IS LOCATED AND PRESERVING THE AFFORDABILITY.

🔒

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 $802,666

Program Service Revenue $0

Investment Income $-42,474

Other Revenue $2,676

TOTAL REVENUE $762,868

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,062

Other Expenses $118,062

TOTAL EXPENSES $118,062

Year-over-Year Comparison

	2024	2023	Change
Revenue	$762,868	N/A	N/A
Expenses	$118,062	$89,663	+0.3%
Net Income	$644,806	$-89,663	-8.2%

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

N/A

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

$205,483

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON CARLSON	CHAIR	1.00	Officer Director	$0	$0	$0
BRUCE REEVES	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CONNIE LINDSTROM	TREASURER	1.00	Officer Director	$0	$0	$0
CHERI GUNVALSON	SECRETARY	1.00	Officer Director	$0	$0	$0
TODD BECKEL	DIRECTOR (THRU 7/24)	1.00	Director	$0	$0	$0
ALISHA EVERWIND	DIRECTOR	1.00	Director	$0	$0	$0
KAITLYN GRENIER	DIRECTOR (THRU 7/24)	1.00	Director	$0	$0	$0
CHRISTINE IMBRA	DIRECTOR	1.00	Director	$0	$0	$0
JILL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE LAROQUE	DIRECTOR	1.00	Director	$0	$0	$0
KYLE LARSON	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE PAQUIN	DIRECTOR (THRU 7/24)	1.00	Director	$0	$0	$0
JACK SWANSON	DIRECTOR	1.00	Director	$0	$0	$0
KRISTI THORFINNSON	DIRECTOR	1.00	Director	$0	$0	$0
DEB ZAK	DIRECTOR	1.00	Director	$0	$0	$0
KAREN WHITE	PRESIDENT	1.00	Officer	$0	$9,785	$205,483

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	$762,868	$118,062	$2,641,335	$644,806

NORTH STAR NEIGHBORS