Minnesota Livestock Breeders Association
Nonprofit profile at a glance
- EIN
- 410636593
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Somerset, WI, USA
- Phone
- 6517836458
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $38,945
- Expenses
- $27,637
- Assets
- $253,051
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- BOB SHEEHAN (PRESIDENT)
- MIKE SCHUTZ (1ST VICE PRESIDENT)
- MELISSA CZECK (2ND VICE PRESIDENT)
People named in this filing
- BOB SHEEHAN (PRESIDENT)
- MIKE SCHUTZ (1ST VICE PRESIDENT)
- MELISSA CZECK (2ND VICE PRESIDENT)
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
Promote interests of livestock breeders
What it reported doing in 2024
Scholarships
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 6
- Transparency & Controls: 82
- Sustainability: 79
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.8%; rating input score 6
- Program expense ratio: 4.5%; rating input score 5
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 29%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 9.16; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -104.8% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 19.3% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 5.8% of revenue deployed · 4.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 28 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 6/100.
- High — Financial Efficiency: Program expense ratio scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.