GREAT NORTHERN FOUNDATION INC (EIN 260733320) - 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

2007

Legal Domicile

Principal Officer

FREDERICK ZINKE

Phone

8058957246

Tax Period

2024-01-01 to 2024-12-31

GREAT NORTHERN FOUNDATION INC, founded in 2007, is a micro nonprofit that reported $15K in total revenue in fiscal year 2024. Net assets of $518K represent 415 months of operating reserves.

Mission

PROVIDE A FREE FAMILY WINTER SLEDDING PARK, RECREATIONAL OPPORTUNITIES AND RELATED EDUCATIONAL OUTREACH IN A SETTING THAT HONORS THE CONTRIBUTIONS OF THE VETERANS AND THE RAILROAD 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 (2024)

Revenue Breakdown

Contributions & Grants $15,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $15,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,335

Other Expenses $16,335

TOTAL EXPENSES $16,335

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,000	$15,000	N/A
Expenses	$16,335	$14,600	+0.1%
Net Income	$-1,335	$400	-4.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KONRAD ZINKE	DIRECTOR	2.00	Director	$0	$0	$0
JAMIE DIAL	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS DIAL	DIRECTOR	1.00	Director	$0	$0	$0
LOLITA ZINKE	PRESIDENT	5.00	Officer	$0	$0	$0
JENNIFER HAND	SECRETARY	1.00	Officer	$0	$0	$0
FREDERICK ZINKE	DIRECTOR	4.00	Officer	$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
2024	$15,000	$16,335	$518,142	$-1,335
2023	$15,000	$14,600	$519,477	$400
2022	$20,000	$25,400	$519,077	$-5,400
2021	$50,000	$49,493	$524,477	$507
2020	$60,000	$63,556	$523,970	$-3,556

GREAT NORTHERN FOUNDATION INC