Pioneer Home Foundation

EIN: 363497297 501(c)(3)

Fergus Falls, MN

Total Revenue
$241,666
Total Expenses
$115,264
Total Assets
$739,083
Net Assets
$733,743
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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
Nathan Johnson
Phone
2189981500
Tax Period
2023-01-01 to 2023-12-31

Pioneer Home Foundation, founded in 1985, is a small nonprofit that reported $242K in total revenue in fiscal year 2023. Revenue surged 829% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 52% operating margin.

Mission

Financially support operations of Pioneer Home, Inc. located in Fergus Falls, MN.

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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 $143,357
Program Service Revenue $0
Investment Income $98,309
Other Revenue $0
TOTAL REVENUE $241,666

Expense Breakdown

Grants Paid $115,264
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $115,264
Other Expenses $0
TOTAL EXPENSES $115,264

Year-over-Year Comparison

2023 2022 Change
Revenue $241,666 $26,005 +8.3%
Expenses $115,264 $138,548 -0.2%
Net Income $126,402 $-112,543 -2.1%
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
N/A
Volunteers
18

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
6
$300,333
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lorri Holt Chair 1.00
Officer Director
$0 $0 $0
Patricia Lindholm Vice Chair 1.00
Officer Director
$0 $0 $0
David Strom Secretary 1.00
Officer Director
$0 $0 $0
Tom Kingston Treasurer 1.00
Officer Director
$0 $0 $0
Hans Ronnevik Director (thru April 2023) 1.00
Director
$0 $0 $0
Renae Rasmusson Director 1.00
Director
$0 $0 $0
Bruce Gerhardson Director (thru April 2023) 1.00
Director
$0 $0 $0
Leslie Flugstad Director 1.00
Director
$0 $0 $0
Janel Fredricksen Director 1.00
Director
$0 $0 $0
Mark Krogh Director (began April 2023) 1.00
Director
$0 $0 $0
David Schneeberger Director (began April 2023) 1.00
Director
$0 $0 $0
Jennifer Frank Director 1.00
Director
$0 $0 $0
JP Stender Director 1.00
Director
$0 $0 $0
Nathan Johnson CEO 5.00
Officer
$0 $24,324 $209,329
Steve Guttormson Executive Director 25.00
Officer
$0 $9,286 $91,004
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 $241,666 $115,264 $739,083 $126,402
2022 $26,005 $138,548 $692,943 $-112,543
2021 $157,935 $191,292 $845,063 $-33,357
2020 $151,759 $166,340 $937,359 $-14,581
2019 $289,472 $87,500 $982,372 $201,972
2018 $116,208 $76,716 $794,853 $39,492
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