LAND O LAKES AREA ARTISANS INC (EIN 271993459) - 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

2010

Legal Domicile

Principal Officer

KATHI SCHULTZ

Phone

7155473950

Tax Period

2023-01-01 to 2023-12-31

LAND O LAKES AREA ARTISANS INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $144K in total revenue in fiscal year 2023. Net assets of $477K represent 40 months of operating reserves.

Mission

HOSTING ARTS RELATED EDUCATION TO AREA CHILDREN AND ADULTS

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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 $85,067

Program Service Revenue $31,897

Investment Income $19

Other Revenue $27,020

TOTAL REVENUE $144,003

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,280

Fundraising Expenses $0

Program Expenses $126,498

Other Expenses $71,463

TOTAL EXPENSES $157,743

Year-over-Year Comparison

	2023	2022	Change
Revenue	$144,003	$146,361	0.0%
Expenses	$157,743	$154,404	+0.0%
Net Income	$-13,740	$-8,043	+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

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
ARON HOUDINI	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA PAULEY	DIRECTOR	5.00	Director	$0	$0	$0
IVY LAPP	DIRECTOR	1.00	Director	$0	$0	$0
ALICIA PETTY	DIRECTOR	1.00	Director	$0	$0	$0
JERI LYNN RICHIE	DIRECTOR	1.00	Director	$0	$0	$0
DIANE FOREMAN	DIRECTOR	1.00	Director	$0	$0	$0
ERIN LUOTO	PRESIDENT	5.00	Officer	$0	$0	$0
MARIYA KLEFFMAN	VICE PRESIDENT	5.00	Officer	$0	$0	$0
KATHI SCHULTZ	TREASURER	5.00	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	No data	No data	No data	No data
2023	$144,003	$157,743	$476,853	$-13,740
2022	$146,361	$154,404	$490,593	$-8,043
2021	$146,765	$148,103	$498,636	$-1,338
2020	$139,824	$128,965	$499,397	$10,859
2019	$144,258	$146,632	$488,402	$-2,374
2018	$259,809	$121,241	$490,497	$138,568

LAND O LAKES AREA ARTISANS INC