PRIOR LAKE ROTARY FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

KYLE HAUGEN

Phone

6514528256

Tax Period

2024-01-01 to 2024-12-31

PRIOR LAKE ROTARY FOUNDATION, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $649K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $330K, a strong 51% operating margin.

Mission

OUR MISSION IS TO ENHANCE THE QUALITY OF LIFE FOR RESIDENTS OF THE PRIOR LAKE AREA AND PEOPLE THROUGHOUT THE WORLD, THROUGH SERVICE, CIVIC ENGAGEMENT, AND MEANINGFUL PARTNERSHIPS.

Program Service Accomplishments

Program 1

Expenses: $287,771

SUPPORT LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL CHARITABLE, ENVIRONMENTAL, HUMANITARIAN, EDUCATIONAL AND SCIENTIFIC ACTIVITIES THAT ALIGN WITH THE MISSION OF ROTARY INTERNATIONAL AND THE ROTARY...

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $390,927

Program Service Revenue $0

Investment Income $175,417

Other Revenue $83,009

TOTAL REVENUE $649,353

Expense Breakdown

Grants Paid $287,771

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $287,771

Other Expenses $32,013

TOTAL EXPENSES $319,784

Year-over-Year Comparison

	2024	2023	Change
Revenue	$649,353	$961,221	-0.3%
Expenses	$319,784	$340,855	-0.1%
Net Income	$329,569	$620,366	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

2000

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
MARLYS GESME	MEMBER	1.00	Director	$0	$0	$0
KYLE HAUGEN	CHAIR	5.00	Officer Director	$0	$0	$0
PAUL HOFSLIEN	TREASURER	5.00	Officer Director	$0	$0	$0
JOAN LOMPART	MEMBER	1.00	Director	$0	$0	$0
PAUL PEREZ	MEMBER	1.00	Director	$0	$0	$0
DAN STANLEY	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
2024	No data	No data	No data	No data
2024	$649,353	$319,784	$4,130,648	$329,569
2023	$995,558	$375,192	$3,696,269	$620,366
2023	$961,221	$340,855	$3,696,269	$620,366
2022	$798,859	$342,263	$2,910,528	$456,596
2022	$854,665	$344,265	$2,964,334	$510,400
2021	$1,303,168	$200,249	$2,359,237	$1,102,919
2020	$-92,109	$143,945	$1,184,192	$-236,054
2019	$497,086	$219,431	$1,244,872	$277,655
2018	$-15,287	$175,881	$523,495	$-191,168