WAUKEE FOUNDATION INC (EIN 204379180) - 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

RACHEL SCHEVE

Phone

5157209183

Tax Period

2023-07-01 to 2024-06-30

WAUKEE FOUNDATION INC, founded in 2006, is a micro nonprofit in the Community Improvement sector that reported $12K in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3K, a strong 26% operating margin.

Mission

THE WAUKEE BETTERMENT FOUNDATION WAS FOUNDED TO PRESERVE AND GROW A HEALTHY WAUKEE COMMUNITY. WE DO THAT BY PROVIDING FINANCIAL SUPPORT TO AGENCIES AND PROJECTS THAT MAKE AN IMPACT ON THE WAUKEE AREA AND FOCUS ON THE KEYS TO GOOD LIVING. OUR AREAS OF FOCUS INCLUDE: COMMUNITY GATHERING PLACES, HEALTHY LIVING, PUBLIC ART, PARKS & RECREATION, ALL-INCLUSIVE AREAS, TRAILS, AND SOCIAL SERVICES. WE ARE AN ENTIRELY VOLUNTEER RUN ORGANIZATION, WITH LOW NON-PROGRAM SERVICE EXPENSE NEEDS. DONATIONS TO THE WAUKEE BETTERMENT FOUNDATION HAVE A SUBSTANTIAL AND LASTING IMPACT TO THE COMMUNITY.

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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 $11,344

Program Service Revenue $0

Investment Income $716

Other Revenue $0

TOTAL REVENUE $12,060

Expense Breakdown

Grants Paid $5,745

Salaries & Benefits $0

Fundraising Expenses $672

Program Expenses $7,028

Other Expenses $3,237

TOTAL EXPENSES $8,982

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,060	$31,714	-0.6%
Expenses	$8,982	$132,874	-0.9%
Net Income	$3,078	$-101,160	-1.0%

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

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
JIM MILLER	BOARD MEMBER	2.00	Director	$0	$0	$0
DON BLUM	BOARD MEMBER	2.00	Director	$0	$0	$0
INGRID WILLIAMS	BOARD MEMBER	2.00	Director	$0	$0	$0
RACHEL SCHEVE	President	2.00	Officer Director	$0	$0	$0
RICK ARNOLD	Vice President	2.00	Officer Director	$0	$0	$0
TODD MCDONALD	Board Member	2.00	Director	$0	$0	$0
MATT JERMIER	EX-OFFICIO	2.00	Director	$0	$0	$0
NILE HICKS	Secretary	2.00	Officer Director	$0	$0	$0
BRAD DEETS	EX-OFFICIO	2.00	Director	$0	$0	$0
KENDRA RICE	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSH FLEMING	BOARD MEMBER	2.00	Director	$0	$0	$0
DREW ENGEBRECHT	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHELLE RENKEN	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID WALL	Treasurer	2.00	Officer Director	$0	$0	$0
BRYAN ROWLAND	BOARD MEMBER	2.00	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
2025	No data	No data	No data	No data
2024	$12,060	$8,982	$176,053	$3,078
2023	$31,714	$132,874	$161,232	$-101,160
2022	$551,458	$2,327,341	$256,603	$-1,775,883
2021	$522,834	$5,851	$2,051,049	$516,983
2020	$1,338,385	$3,908	$1,492,025	$1,334,477

WAUKEE FOUNDATION INC