STURGIS, SD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WEST RIVER FOUNDATION, founded in 1985, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2017. Revenue decreased 7% compared to the prior year. Expenses of $2.4M left a modest 8% surplus.
TO ACT AS A VEHICLE TO IMPROVE EDUCATIONAL, ORGANIZATIONAL, AND ECONOMIC RESOURCES FOR SCHOOLS AND COMMUNITIES IN SOUTH DAKOTA. THE FOUNDATION IS COMMITTED TO ADVANCING PUBLIC EDUCATION, HOUSING OPPORTUNITIES, COMMUNITY SERVICES, AND ECONOMIC EXPANSION THROUGH SOFTWARE/HARDWARE SALES, CONTRACTED SERVICES, GRANT PROGRAMS, HOUSING DEVELOPMENT, AND THE LEASING OF PROPERTY AND EQUIPMENT FOR THE BENEFIT OF ANY PUBLIC OR NON-PROFIT EDUCATION OR COMMUNITY ORGANIZATION IN SOUTH DAKOTA.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,778,528 | $4,065,987 | +0.2% |
| Expenses | $4,350,641 | $4,114,604 | +0.1% |
| Net Income | $427,887 | $-48,617 | -9.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DONALD ANDERSEN | PRESIDENT | 2.00 |
Officer
Director
|
$4,000 | $0 | $8,000 |
| TIM CRAWFORD | VICE PRESIDENT | 2.00 |
Officer
Director
|
$4,000 | $0 | $8,000 |
| SHIRLEY HALVERSON | TREASURER | 2.00 |
Officer
Director
|
$4,000 | $0 | $8,000 |
| WILLIAM TERMES | SECRETARY | 2.00 |
Officer
Director
|
$4,000 | $0 | $8,000 |
| JAMES DOOLITTLE | DIRECTOR | 2.00 |
Director
|
$4,000 | $0 | $8,000 |
| RONALD ROSENBOOM | EXECUTIVE DIRECTOR | 20.00 |
Officer
|
$50,009 | $0 | $100,609 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,778,528 | $4,350,641 | $8,428,204 | $427,887 |
| 2024 | $4,065,987 | $4,114,604 | $7,991,026 | $-48,617 |
| 2023 | $4,290,918 | $4,082,336 | $7,847,885 | $208,582 |
| 2022 | $3,921,124 | $3,705,308 | $7,568,333 | $215,816 |
| 2021 | $3,617,011 | $3,382,517 | $7,747,686 | $234,494 |
| 2020 | $3,333,494 | $3,283,708 | $6,913,215 | $49,786 |
| 2019 | $2,862,717 | $2,738,407 | $6,928,184 | $124,310 |
| 2018 | $2,659,403 | $2,433,449 | $6,084,804 | $225,954 |
Compare WEST RIVER FOUNDATION with other nonprofits in South Dakota and across the country.