Minnewaska Home Development Inc
Nonprofit profile at a glance
- EIN
- 411504339
- IRS 990-EZ coverage
- 2009–2023
- Forms available
- Form 990-EZ 2023
- Location
- Starbuck, MN, USA
- Phone
- 3202392217
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Nursing Services (General)
Reported finances
- Revenue
- $84,010
- Expenses
- $54,350
- Assets
- $135,662
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- CHRISTOPHER KNOLL (CEO)
People named in this filing
- KAYO ASLAGSON (Chairman)
- PETER BRANDT (Vice Chairman)
- ROBERT HENDRICKSON (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See Schedule O
What it reported doing in 2023
The primary exempt purpose is to develop and administer programs that will provide financial resources to support Minnewaska Lutheran Home and organizations affiliated with Minnewaska Lutheran Home These programs will benefit the elderly and long term care recipients
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 77% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.8%; rating input score 65
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 35.3%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 2.5; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 10.2% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 7.8% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 64.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2009 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Sustainability: Officer compensation ratio scored 56/100.