Resourcewest FY2022 filing
Connects West Metro residents to resources for greater stability. For fiscal year 2022 it reported $541K in revenue, $496K in expenses, and $440K in net assets.Pt I
- Founded
- 2000
- Type
- Public charity (501(c)(3)) · Education
- Location
- Minnetonka, MN
- Website
- www.resourcewest.org
- Filings
- 5 on file (2020–2022)
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Summary of the Filing
Where the work happens
ResourceWest is a non-profit community agency that serves low-income families and individuals living in the West Metro who are struggling to make ends meat each day. ResourceWest assists people to become more connected, more resourceful, and more hopeful for their future.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Tracie Stanton’s $73K as Executive Director is at the 65th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Tracie Stanton | $73,098 | $79,610 | $72,193 | $52,559 | — | — |
| Tarrah Palm | — | — | — | — | $62,103 | $59,464 |
| Tarah Palm | — | — | — | $61,410 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 75% | — | — |
| Overhead ratio | 15% | — | — |
| Fundraising cost ratio | 9% | — | — |
| Revenue growth | -10% | — | — |
| Accounting fee ratio | 1% | — | — |
| Fundraising fee ratio | 0.3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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