MONDAK HERITAGE CENTER (EIN 237191806) - 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

1967

Legal Domicile

Principal Officer

JENNIFER BLEKESTAD

Phone

4064333500

Tax Period

2024-07-01 to 2025-06-30

MONDAK HERITAGE CENTER, founded in 1967, is a small nonprofit that reported $366K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $113K, a strong 31% operating margin.

Mission

THE MONDAK HISTORIAL & ART SOCIETY IS COMMITTED TO PRESERVING THE REGION'S CULTURAL HERITAGE AND SUPPORTING IT'S ARTISTIC DEVELOPMENT THROUGH TRADITIONAL MUSEUM EXHIBITS AND ART SHOWS AS WELL AS THROUGH SPECIAL PROGRAMMING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $220,981

Program Service Revenue $16,867

Investment Income $106,022

Other Revenue $22,590

TOTAL REVENUE $366,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,179

Fundraising Expenses $0

Program Expenses $192,674

Other Expenses $234,465

TOTAL EXPENSES $253,644

Year-over-Year Comparison

	2024	2023	Change
Revenue	$366,460	$305,160	+0.2%
Expenses	$253,644	$237,410	+0.1%
Net Income	$112,816	$67,750	+0.7%

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
JOE BRADLEY	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
JENNIFER BLEKESTAD	PRESIDENT	10.00	Director	$0	$0	$0
BOB BURNISON	BOARD MEMBER	1.00	Director	$0	$0	$0
LUELLA SCHOW	SECRETARY	3.00	Officer Director	$0	$0	$0
CASSIE KOUNTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
DAWN BIEBL	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL FORRESTER	BOARD MEMBER EMERITUS	1.00	Director	$0	$0	$0
KIM KLASNA	TREASURER	10.00	Officer Director	$0	$0	$0
JANELLE STONER	BOARD MEMBER	1.00	Director	$0	$0	$0
JONATHAN NELSON	BOARD MEMBER	1.00	Director	$0	$0	$0
DUANE PUST	BOARD MEMBER	1.00	Director	$0	$0	$0
KAREN REDLIN	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
BECKY YONTS	BOARD MEMBER	1.00	Director	$0	$0	$0
AMANDA SEIGFREID	BOARD MEMBER	1.00	Director	$0	$0	$0
CANDY MARKWALD	BOARD MEMBER	1.00	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	$366,460	$253,644	$2,097,508	$112,816
2024	No data	No data	No data	No data
2023	$282,163	$229,591	$1,711,132	$52,572
2022	$320,811	$194,691	$1,597,509	$126,120
2021	$289,426	$212,948	$1,760,554	$76,478
2020	$245,178	$263,861	$1,401,245	$-18,683
2019	$397,797	$330,140	$1,465,914	$67,657

MONDAK HERITAGE CENTER