RED LAKE ROSIE'S RESCUE INC (EIN 203917194) - 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

2006

Legal Domicile

Principal Officer

KAREN GOOD

Phone

2182684477

Tax Period

2023-01-01 to 2023-12-31

RED LAKE ROSIE'S RESCUE INC, founded in 2006, is a small nonprofit in the Animal-Related sector that reported $241K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Net assets of $947K represent 47 months of operating reserves.

Mission

REDUCE OVERPOPULATION, HOMELESSNESS, DISEASE AND MALNUTRITION OF COMPANION ANIMALS ON THE RED LAKE INDIAN RESERVATION AND SURROUNDING AREA OF NORTHERN 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 $231,020

Program Service Revenue $5,928

Investment Income $3,973

Other Revenue $0

TOTAL REVENUE $240,921

Expense Breakdown

Grants Paid $300

Salaries & Benefits $48,568

Fundraising Expenses $0

Program Expenses $257,050

Other Expenses $214,735

TOTAL EXPENSES $263,603

Year-over-Year Comparison

	2023	2022	Change
Revenue	$240,921	$363,569	-0.3%
Expenses	$263,603	$241,711	+0.1%
Net Income	$-22,682	$121,858	-1.2%

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

$15,800

Total Directors

$15,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN GOOD	TREASURER	40.00	Officer Director	$15,800	$0	$15,800
ENGRESS CLARK	DIRECTOR	5.00	Director	$0	$0	$0
LORRI HAWKINS	SECRETARY	5.00	Officer Director	$0	$0	$0
PATRICIA KOUNKEL	CHAIR	5.00	Officer Director	$0	$0	$0
LYNN MECUM	DIRECTOR	5.00	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	$240,921	$263,603	$947,068	$-22,682
2022	$363,569	$241,711	$970,175	$121,858
2021	$647,852	$190,885	$849,939	$456,967
2020	$321,580	$179,620	$397,542	$141,960
2019	$213,876	$220,387	$243,830	$-6,511
2018	$232,255	$201,165	$248,065	$31,090

RED LAKE ROSIE'S RESCUE INC