THE MARVIN WARROAD AREA FOUNDATION (EIN 201082458) - 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

SUSAN MARVIN

Phone

6512245463

Tax Period

2023-01-01 to 2023-12-31

THE MARVIN WARROAD AREA FOUNDATION, founded in 2004, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $207K in total revenue in fiscal year 2023. Revenue surged 1407% from the prior year, signaling strong growth momentum. The organization ran a surplus of $81K, a strong 39% operating margin.

Mission

PROVIDES GRANTS TO BENEFIT THE COMMUNITY OF WARROAD, MINNESOTA.

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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 $0

Program Service Revenue $0

Investment Income $206,664

Other Revenue $0

TOTAL REVENUE $206,664

Expense Breakdown

Grants Paid $97,799

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $97,799

Other Expenses $28,337

TOTAL EXPENSES $126,136

Year-over-Year Comparison

	2023	2022	Change
Revenue	$206,664	$13,717	+14.1%
Expenses	$126,136	$113,150	+0.1%
Net Income	$80,528	$-99,433	-1.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN MARVIN	PRESIDENT	0.25	Officer Director	$0	$0	$0
ELLIOT J LARSON	VICE PRESIDENT AND TREASUR	0.25	Officer Director	$0	$0	$0
CHRISTINE MARVIN	SECRETARY	0.25	Officer Director	$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
2024	No data	No data	No data	No data
2023	$206,664	$126,136	$4,379,070	$80,528
2022	$13,717	$113,150	$3,875,799	$-99,433
2021	$293,433	$81,430	$4,835,004	$212,003
2020	$28,934	$89,600	$4,271,715	$-60,666

THE MARVIN WARROAD AREA FOUNDATION