GLACIAL LAKES AND PRAIRIES TOURISM… - Form 990 Financial Data

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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

1963

Legal Domicile

Principal Officer

RHONDA SMITH

Phone

6058867305

Tax Period

2024-10-01 to 2025-09-30

GLACIAL LAKES AND PRAIRIES TOURISM ASSOCIATION, founded in 1963, is a small nonprofit that reported $260K in total revenue in fiscal year 2024.

Mission

TO PROMOTE TOURISM IN THE NORTHEAST SOUTH DAKOTA REGION

Program Service Accomplishments

Program 1

Expenses: $222,642

ATTEND AND HOST TRAVEL SHOWS AND DISTRIBUTE STATE AND REGIONAL TOURISM PUBLICATIONS.

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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 $97,615

Program Service Revenue $157,404

Investment Income $4,679

Other Revenue $801

TOTAL REVENUE $260,499

Expense Breakdown

Grants Paid $0

Salaries & Benefits $144,092

Fundraising Expenses $0

Program Expenses $222,642

Other Expenses $125,878

TOTAL EXPENSES $269,970

Year-over-Year Comparison

	2024	2023	Change
Revenue	$260,499	$272,475	0.0%
Expenses	$269,970	$258,184	+0.0%
Net Income	$-9,471	$14,291	-1.7%

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

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

$66,986

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RHONDA SMITH	EXECUTIVE DIRECTOR	40.00	Officer	$66,986	$0	$66,986
CASEY WEISMANTEL	DIRECTOR	1.00	Director	$0	$0	$0
ALISSA BATTEST	DIRECTOR	1.00	Director	$0	$0	$0
LEE GABEL	DIRECTOR	2.00	Director	$0	$0	$0
LAURA SCHOEN CARBONNEAU	PAST PRESIDENT	2.00	Director	$0	$0	$0
JENY KOPLIN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE KNUTSON	ADVISOR	2.00	Director	$0	$0	$0
CYRUS MAHMOODI	DIRECTOR	1.00	Director	$0	$0	$0
BEVERLY NOYES-HANSON	TREASURER	1.00	Director	$0	$0	$0
JENNESA JANDEL	DIRECTOR	1.00	Director	$0	$0	$0
VAL RAUSCH	VICE PRESIDENT	1.00	Director	$0	$0	$0
BRIANNA JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
CALVIN BLOEMENDAAL	SD DOT LIAISON	1.00	Director	$0	$0	$0
ALI JO TONSFELDT	DIRECTOR	0.00	Director	$0	$0	$0
ANJELICA UTHE	PRESIDENT	2.00	Officer 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	$260,499	$269,970	$283,289	$-9,471
2024	$272,475	$258,184	$252,930	$14,291
2023	$271,809	$283,073	$217,888	$-11,264
2022	$267,514	$274,649	$250,737	$-7,135
2021	$337,134	$273,680	$254,437	$63,454
2020	$282,971	$266,947	$189,773	$16,024
2019	$269,845	$276,928	$187,652	$-7,083
2018	$274,431	$291,916	$235,221	$-17,485

GLACIAL LAKES AND PRAIRIES TOURISM ASSOCIATION