Dakota Business Finance (EIN 204158141) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Phone

6053675390

Tax Period

2024-10-01 to 2025-09-30

Dakota Business Finance, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $737K in total revenue in fiscal year 2018.

Mission

Dakota Business Finance provides financing for a wide range of businesses through the SBA 504 Loan Program. This program provides fixed rate financing for the purchase of long-term assets such as the purchase of land, purchase and construction of buildings, renovate or remodel existing facilities, and/or purchase of long-term machinery and equipment.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,990,343

Investment Income $61,160

Other Revenue $170

TOTAL REVENUE $2,051,673

Expense Breakdown

Grants Paid $155,125

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,104,343

Other Expenses $1,145,914

TOTAL EXPENSES $1,301,039

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,051,673	$1,815,315	+0.1%
Expenses	$1,301,039	$1,634,207	-0.2%
Net Income	$750,634	$181,108	+3.1%

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

$298,342

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lynne Keller Forbes	President/CEO	0.00	Officer	$0	$0	$298,342
Ty Eschenbaum	Director	0.50	Director	$0	$0	$0
Farron Pratt	Director	0.50	Director	$0	$0	$0
Josh Hogue	Director	0.50	Director	$0	$0	$0
Bradyn Neises	President	0.50	Officer Director	$0	$0	$0
Matt Judson	Director	0.50	Director	$0	$0	$0
Paul Tschetter	Vice President	0.50	Officer Director	$0	$0	$0
Donald Greiner	Director	0.50	Director	$0	$0	$0
Jordan Rieffenberger	Sec/Treasurer	0.50	Officer Director	$0	$0	$0
Jillian Nelson	Director	0.50	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
2025	$2,051,673	$1,301,039	$2,090,907	$750,634
2024	$1,815,315	$1,634,207	$1,402,215	$181,108
2023	$1,384,630	$1,290,167	$1,028,901	$94,463
2022	$1,543,251	$1,684,833	$1,006,804	$-141,582
2021	$1,569,264	$1,038,493	$1,110,815	$530,771
2020	$1,436,481	$1,296,094	$603,340	$140,387
2019	$737,003	$761,423	$414,274	$-24,420

Dakota Business Finance