SAUK RIVER CHAIN OF LAKES ASSOCIATI

EIN: 363291117 501(c)(3) Environment

RICHMOND, MN

Total Revenue
$154,455
Total Expenses
$167,234
Total Assets
$111,949
Net Assets
$111,024
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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
1982
Legal Domicile
MN
Tax Period
2023-01-01 to 2023-12-31

SAUK RIVER CHAIN OF LAKES ASSOCIATI, founded in 1982, is a small nonprofit in the Environment sector that reported $154K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

PROTECT AND IMPROVE THE WATER QUALITY OF THE SAUK RIVER CHAIN OF LAKES

Program Service Accomplishments

Program 1
Expenses: $138,497

HIRED CONSULTANT GROUP TO DO SURVEY. CHEMICALLY AND MECHANICALLY CONTROLLED INVASIVE SPECIES WEEDS ACROSS 14 LAKES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $86,832
Program Service Revenue $0
Investment Income $480
Other Revenue $67,143
TOTAL REVENUE $154,455

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,000
Fundraising Expenses $0
Program Expenses $138,497
Other Expenses $161,234
TOTAL EXPENSES $167,234

Year-over-Year Comparison

2023 2022 Change
Revenue $154,455 $119,043 +0.3%
Expenses $167,234 $158,809 +0.1%
Net Income $-12,779 $-39,766 -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

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Governance

Voting Members
11
Independent Members
11
Employees
1
Volunteers
11

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD MATUSKA PRESIDENT 0.00
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 $154,455 $167,234 $111,949 $-12,779
2022 $119,043 $158,809 $124,514 $-39,766
2021 $151,203 $96,036 $163,638 $55,167
2020 $109,749 $67,336 $108,402 $42,413
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