THE O WAYNE AND GLENDA SUE MORTENSON CHARITABLE FOUNDATION INC (EIN 262883099) - 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

2008

Legal Domicile

Principal Officer

O WAYNE MORTENSON

Phone

5022548500

Tax Period

2023-01-01 to 2023-12-31

THE O WAYNE AND GLENDA SUE MORTENSON CHARITABLE FOUNDATION INC, founded in 2008, is a small nonprofit in the Health Care sector that reported $354K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $342K left a modest 3% surplus.

Mission

THE ORGANIZATION IS COMMITTED TO PROGRAMS THAT SUPPORT EDUCATION, HEALTHCARE AND EMPLOYEE ASSISTANCE IN OUR COMMUNITY AND AROUND THE WORLD. WE SUPPORT OUR TEAM MEMBERS AND THEIR FAMILIES IN TIMES OF CRISIS OR WITH EDUCATIONAL ENDEAVORS.

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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 $353,878

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $353,878

Expense Breakdown

Grants Paid $222,331

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $336,347

Other Expenses $119,611

TOTAL EXPENSES $341,942

Year-over-Year Comparison

	2023	2022	Change
Revenue	$353,878	$325,688	+0.1%
Expenses	$341,942	$329,461	+0.0%
Net Income	$11,936	$-3,773	-4.2%

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
O WAYNE MORTENSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
GLENDA SUE MORTENSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
EMILY KIEFER	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$0	$0
TANYA STEWART	TREASURER/DIRECTOR	3.00	Officer Director	$0	$0	$0
DAWN BRUTSCHER	EXECUTIVE DIRECTOR/DIRECTOR	1.00	Officer Director	$0	$0	$0
DENA ENGILMAN	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM D ENGILMAN	DIRECTOR (UNTIL 7/15/23)	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
2024	No data	No data	No data	No data
2023	$353,878	$341,942	$524,137	$11,936
2022	$325,688	$329,461	$513,201	$-3,773

THE O WAYNE AND GLENDA SUE MORTENSON CHARITABLE FOUNDATION INC