LAC QUI PARLE LAKE ASSOCIATION

EIN: 061273339

MONTEVIDEO, MN

Total Revenue
$246,866
Total Expenses
$221,574
Total Assets
$93,545
Net Assets
$91,866
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MN
Principal Officer
SCOTT MONSON
Phone
3205682496
Tax Period
2024-07-01 to 2025-06-30

LAC QUI PARLE LAKE ASSOCIATION, founded in 1986, is a small nonprofit that reported $247K in total revenue in fiscal year 2024. Expenses of $222K left a modest 10% surplus.

Mission

TO ADVOCATE THE NEED FOR SOIL AND WATER CONSERVATION IN THE WATERSHED. TO RAISE PUBLIC AWARENESS OF ENVIRONMENTAL ISSUES THAT HAVE AN IMPACT ON THE LAKE AND TO GENERATE RESPONSE. TO PROMOTE THE SPORT AND RECREATIONAL OPPORTUNITIES OF THE LAC QUI PARLE LAKE AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,213
Program Service Revenue $0
Investment Income $606
Other Revenue $245,047
TOTAL REVENUE $246,866

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,997
Fundraising Expenses $0
Program Expenses $221,574
Other Expenses $193,577
TOTAL EXPENSES $221,574

Year-over-Year Comparison

2024 2023 Change
Revenue $246,866 $252,999 0.0%
Expenses $221,574 $258,548 -0.1%
Net Income $25,292 $-5,549 -5.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE BUNGARDEN DIRECTOR 1.00
Director
$0 $0 $0
BRENT JACOBS DIRECTOR 1.00
Director
$0 $0 $0
BRETT JACOBS DIRECTOR 1.00
Director
$0 $0 $0
ANDY JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
CHAD STREI DIRECTOR 1.00
Director
$0 $0 $0
PETE MCGINTY TREASURER 1.00
Officer
$0 $0 $0
STEVE MITLYNG SECRETARY 1.00
Officer
$0 $0 $0
SCOTT MONSON PRESIDENT 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $246,866 $221,574 $93,545 $25,292
2024 $252,999 $258,548 $66,996 $-5,549
2023 $245,007 $244,125 $72,354 $882
2022 $196,327 $209,224 $71,241 $-12,897
2021 $201,380 $199,455 $84,138 $1,925
2020 $141,976 $117,748 $82,213 $24,228
2019 $187,561 $201,424 $57,985 $-13,863
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