LAKES AREA NONPROFIT SUPPORT FOUNDATION (EIN 274640857) - 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

2011

Legal Domicile

Principal Officer

TIM SWENSON

Phone

2188447018

Tax Period

2025-01-01 to 2025-12-31

LAKES AREA NONPROFIT SUPPORT FOUNDATION, founded in 2011, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $324K in total revenue in fiscal year 2025. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $300K, a strong 93% operating margin.

Mission

TO ASSIST NONPROFIT ORGANIZATIONS ACHIEVE THEIR MISSION BY HELPING THEM SECURE AND MANAGE FINANCING.

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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 (2025)

Revenue Breakdown

Contributions & Grants $300,000

Program Service Revenue $0

Investment Income $23,662

Other Revenue $0

TOTAL REVENUE $323,662

Expense Breakdown

Grants Paid $22,581

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,581

Other Expenses $675

TOTAL EXPENSES $23,256

Year-over-Year Comparison

	2025	2024	Change
Revenue	$323,662	$410,593	-0.2%
Expenses	$23,256	$9,711	+1.4%
Net Income	$300,406	$400,882	-0.3%

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
BECKY MITCHELL	TREASURER	N/A	Officer Director	$0	$0	$0
STUART OMBERG	PRESIDENT	N/A	Officer Director	$0	$0	$0
TIM SWENSON	DIRECTOR	N/A	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	$323,662	$23,256	$705,245	$300,406
2024	No data	No data	No data	No data
2020	$358,101	$3,696,315	$8,513	$-3,338,214
2019	$508,133	$132,197	$3,346,727	$375,936
2018	$271,572	$3,690,772	$2,970,774	$-3,419,200

LAKES AREA NONPROFIT SUPPORT FOUNDATION