MUSKEGON, MI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LINNE'LODGE NO 57 I O V INC, founded in 1930, is a small nonprofit that reported $307K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Net assets of $1.3M represent 52 months of operating reserves.
TO PROVIDE MEMBERS OF SCANDINAVIAN DECENT WITH INSURANCE AND A PHYSICAL PLANT FOR MEETINGS AND SOCIAL ACTIVITIES. TO PROMOTE THE CUSTOMS AND LANGUAGE OF THE PROPLE OF THE SCANDINAVIAN COUNTRIES.
WHOLE LIFE INSURANCE WAS SOLD, PREMIUMS WERE COLLECTED AND SUBMITTED TO THE GRAND LODGE TO BE PAID TO THE INSURANCE CARRIER. SCHOLARSHIPS WERE AWRARDED TO JUNIOR VIKINGS TO PURSUE HIGHER EDUCATION...
WHOLE LIFE INSURANCE WAS SOLD, PREMIUMS WERE COLLECTED AND SUBMITTED TO THE GRAND LODGE TO BE PAID TO THE INSURANCE CARRIER. SCHOLARSHIPS WERE AWRARDED TO JUNIOR VIKINGS TO PURSUE HIGHER EDUCATION AFTER OBTAINING A HIGH SCHOOL DEGREE. A PHYSICAL PLANT WAS EXPANDED AND MAINTAINED FOR APPROXIMATELY 1,600 MEMBERS FOR MEETINGS AND SOCIAL ACTIVITIES TO PROMOTE FATERNALISM AND PATERNALISM.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $307,078 | $563,573 | -0.5% |
| Expenses | $329,418 | $423,971 | -0.2% |
| Net Income | $-22,340 | $139,602 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOYCE LARSEN | FINANCIAL SE | 10.00 |
Officer
|
$5,402 | $0 | $5,402 |
| BRITT HICHUE | TREASURER | 10.00 |
Officer
|
$4,306 | $0 | $4,306 |
| CHRISTINE GRINNELL | MEMBERSHIP C | 10.00 |
Officer
|
$3,074 | $0 | $3,074 |
| DINA BUTLER | RECORDING SE | 10.00 |
Officer
|
$1,936 | $0 | $1,936 |
| MARIE BURKE | ASST. HERALD | 1.00 |
Officer
|
$0 | $0 | $0 |
| LESLEE FARREL | INNER GUARD | 1.00 |
Officer
|
$0 | $0 | $0 |
| HOWIE FOELKER | CHIEF | 1.00 |
Officer
|
$0 | $0 | $0 |
| CHERI HEGER | HERALD | 1.00 |
Officer
|
$0 | $0 | $0 |
| LEE JENSEN | AUDITOR | 1.00 |
Officer
|
$0 | $0 | $0 |
| NIKI LANGLOIS | JUNIOR ADVIS | 1.00 |
Officer
|
$0 | $0 | $0 |
| GARY POTHOFF | CHIEF | 1.00 |
Officer
|
$0 | $0 | $0 |
| RUTHIE SCHAPPERT | OUTER GAURD | 1.00 |
Officer
|
$0 | $0 | $0 |
| PEGGY SCHEFER | AUDITOR | 1.00 |
Officer
|
$0 | $0 | $0 |
| COLLEEN THORN | AUDITOR | 1.00 |
Officer
|
$0 | $0 | $0 |
| DAVID WIKMAN | CHAPLAIN | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $307,078 | $329,418 | $1,328,178 | $-22,340 |
| 2022 | $563,573 | $423,971 | $1,348,883 | $139,602 |
| 2021 | $263,965 | $326,746 | $1,219,272 | $-62,781 |
| 2020 | $232,887 | $239,548 | $1,298,843 | $-6,661 |
Compare LINNE'LODGE NO 57 I O V INC with other nonprofits in Michigan and across the country.