RUMINCO LTD co Regents of the Univ of Minnesota (EIN 980063504) - Form 990 Financial Analysis & Trantor Score

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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

1977

Phone

6126241053

Tax Period

2024-07-01 to 2025-06-30

RUMINCO LTD co Regents of the Univ of Minnesota, founded in 1977, is a community nonprofit that reported $9.4M in total revenue in fiscal year 2024. Net assets of $84.3M represent 108 months of operating reserves.

Mission

RUMINCO is a wholly-owned captive insurance company whose principal activities are the insurance of certain risks to the University of Minnesota.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,921,544

Investment Income $1,469,684

Other Revenue $0

TOTAL REVENUE $9,391,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,441,585

Other Expenses $9,827,949

TOTAL EXPENSES $9,827,949

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,391,228	$9,843,642	0.0%
Expenses	$9,827,949	$8,560,991	+0.1%
Net Income	$-436,721	$1,282,651	-1.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

$2,834,000

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Andrew Parks	Director	Director	$0	$163,929	$1,579,629
Stuart Mason	Former Treasurer		$0	$25,136	$994,409
Myron Frans	Former Vice President		$0	$10,157	$785,595
Douglas R Peterson	Director	Director	$0	$71,482	$506,578
Michael D Volna	Director	Director	$0	$67,876	$342,543
Susan Kratz	Dir Thru 031425	Director	$0	$56,352	$262,910
Gregg Goldman	Director	Director	$0	$8,259	$142,340
Michael Kenny	Director	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	$9,391,228	$9,827,949	$90,665,085	$-436,721
2024	$9,843,642	$8,560,991	$82,804,369	$1,282,651
2023	$8,766,331	$5,587,664	$71,744,022	$3,178,667
2022	$7,052,376	$6,049,885	$62,223,712	$1,002,491
2021	$7,157,790	$3,100,398	$68,966,650	$4,057,392
2020	$5,053,430	$3,348,423	$51,341,598	$1,705,007

RUMINCO LTD co Regents of the Univ of Minnesota