Footnotes Trauma Foundation Inc

Nonprofit profile at a glance

EIN
844896207
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Mankato, MN, USA
Phone
5073518799
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Mental Health Disorders

Reported finances

Revenue
$91,600
Expenses
$98,785
Assets
$61,436
Liabilities
$362

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DERICK LYNGHOLM (President)

People named in this filing

  • DERICK LYNGHOLM (President)
  • BEN LUNDSTEN (Secretary)
  • MARY KAY MAGES (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to provide financial support for mental health care for sexual abuse survivors and military veterans.

What it reported doing in 2024

The primary service of the organization is to provide financial support to sexual abuse survivors and veterans with complex trauma to receive trauma-informed mental healthcare at footnotes counseling services. Total counseling hours of 358 were provided to trauma victims.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 63% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 100
  • Sustainability: 30
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.9%; rating input score 75
  • Program expense ratio: 69.4%; rating input score 69

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -7.8%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.62; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 17.4%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 91.3% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: -7.5% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -10.7% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 74.9% of revenue deployed · 69.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $69K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.