WILSON AND CAROL TRUEBLOOD PAC INC (EIN 200625615) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

MICHAEL OLSON

Tax Period

2023-01-01 to 2023-12-31

WILSON AND CAROL TRUEBLOOD PAC INC, founded in 2004, is a small nonprofit in the Crime & Legal sector that reported $148K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $214K exceeded revenue, resulting in a 45% operating deficit.

Mission

COMMUNITY THEATRE/TO HOST A MULTITUDE OF ENTERTAINMENT AND EDUCATIONAL EVENTS FOR THE RESIDENTS AND VISITORS TO WASHINGTON ISLAND WI

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $69,951

Program Service Revenue $75,108

Investment Income $2,722

Other Revenue $0

TOTAL REVENUE $147,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,081

Fundraising Expenses $816

Program Expenses $192,067

Other Expenses $132,996

TOTAL EXPENSES $214,077

Year-over-Year Comparison

	2023	2022	Change
Revenue	$147,781	$93,296	+0.6%
Expenses	$214,077	$192,092	+0.1%
Net Income	$-66,296	$-98,796	-0.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM PRATT	DIRECTOR	1.00	Director	$0	$0	$0
RYLEE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
KATHY SPARRENBERGER	DIRECTOR	1.00	Director	$0	$0	$0
KAREN MARMARAS	DIRECTOR	1.00	Director	$0	$0	$0
GARY DELZELL	DIRECTOR	1.00	Director	$0	$0	$0
DAVE SCHWANDT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL OLSON	PRESIDENT	1.00	Officer	$0	$0	$0
LETHA HEATON	VICE-PRESIDENT	1.00	Officer	$0	$0	$0
BETSY WALLMAN	SECRETARY	1.00	Officer	$0	$0	$0
PETE MARMARAS	TREASURER	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
2023	$147,781	$214,077	$1,445,621	$-66,296
2022	$93,296	$192,092	$1,511,876	$-98,796
2021	$86,746	$143,437	$1,610,615	$-56,691
2020	$78,304	$169,606	$1,669,567	$-91,302
2019	$152,557	$244,754	$1,760,094	$-92,197
2018	$167,010	$246,112	$1,852,033	$-79,102

WILSON AND CAROL TRUEBLOOD PAC INC