Minnesota Gerontological Society
Nonprofit profile at a glance
- EIN
- 363353356
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Rosemount, MN, USA
- Phone
- 6127081982
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Gerontology
Reported finances
- Revenue
- $127,815
- Expenses
- $120,299
- Assets
- $240,378
- Liabilities
- $5,170
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ROBERTA MEYERS (PRESIDENT)
People named in this filing
- HEIDI HOLSTE (EXECUTIVE D)
- ROBERTA MEYERS (PRESIDENT)
- BOB KOEHLER (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
The Minnesota gerontological society is the leading interdisciplinary, membership-based organization supporting education, research and practice in the field of aging.
What it reported doing in 2024
The professional development program hosted the 49th annual mgs conference with both virtual and in=person sessions, fostering collaboration among practitioners, educators, and researchers. 325 people attended.
Operating model
- Revenue model
- Donor-supported. 73% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 100
- Sustainability: 52
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.6%; rating input score 38
- Program expense ratio: 37.1%; rating input score 37
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: 5.9%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 2; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 62.4%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.6% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: -1.8% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 37.6% of revenue deployed · 37.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $45K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.