GONVICK DIAMOND JUBILEE

EIN: 363370297

GONVICK, MN

Total Revenue
$44,165
Total Expenses
$50,216
Total Assets
$44,218
Net Assets
$42,570
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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
1985
Legal Domicile
MN
Principal Officer
DEVIN AAKRE
Phone
2184875243
Tax Period
2024-01-01 to 2024-12-31

GONVICK DIAMOND JUBILEE, founded in 1985, is a micro nonprofit that reported $44K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $50K exceeded revenue, resulting in a 14% operating deficit.

Mission

ENTITY'S MISSION IS TO PROVIDE FOR THE BETTERMENT OF THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $30
Investment Income $482
Other Revenue $43,653
TOTAL REVENUE $44,165

Expense Breakdown

Grants Paid $49,780
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $50,216
Other Expenses $436
TOTAL EXPENSES $50,216

Year-over-Year Comparison

2024 2023 Change
Revenue $44,165 $72,527 -0.4%
Expenses $50,216 $62,092 -0.2%
Net Income $-6,051 $10,435 -1.6%
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
12
Independent Members
12
Employees
3
Volunteers
20

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
5
$10,500
Total Directors
12
$27,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEVIN AAKRE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
ROBERT EDEVOLD GAMBLING MAN 3.00
Officer Director
$10,500 $0 $10,500
EVON QUERN SECRETARY 1.00
Officer Director
$0 $0 $0
JOANN BIRKELAND TREASURER 1.00
Officer Director
$0 $0 $0
CAROL PETERSON CO-CHAIRPERS 1.00
Officer Director
$0 $0 $0
DENNIS JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA BERG DIRECTOR 1.00
Director
$0 $0 $0
JOAN SENGER DIRECTOR 1.00
Director
$0 $0 $0
LONNY ENGLISH GAME AUDITOR 2.00
Director
$5,150 $0 $5,150
DICK MAPLE DIRECTOR 1.00
Director
$0 $0 $0
STACY HALVORSON BOOKKEEPER 3.00
Director
$11,700 $0 $11,700
KATHY BERGMAN DIRECTOR 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 $44,165 $50,216 $44,218 $-6,051
2023 $72,527 $62,092 $48,914 $10,435
2022 $45,149 $44,831 $38,207 $318
2021 $70,015 $46,490 $37,868 $23,525
2020 $48,250 $62,370 $55,647 $-14,120
2019 $87,616 $72,239 $70,400 $15,377
2018 $39,020 $36,394 $54,030 $2,626
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