CAVALIER HOOK AND LADDER SOCIETY

EIN: 364028160 501(c)(3) Health Care

CAVALIER, ND

Total Revenue
$211,385
Total Expenses
$251,227
Total Assets
$462,796
Net Assets
$461,992
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
ND
Principal Officer
BRENNAN THORLAKSON
Phone
7012654998
Tax Period
2024-01-01 to 2024-12-31

CAVALIER HOOK AND LADDER SOCIETY, founded in 1994, is a small nonprofit in the Health Care sector that reported $211K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $251K exceeded revenue, resulting in a 19% operating deficit.

Mission

OPERATING PULL TAB TYPE GAMING IN THE CITY OF CAVALIER FOR THE BENEFIT OF THE FIRE DEPARTMENT AND VARIOUS OTHER ORGANIZATIONS IN THE AREA

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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 $0
Investment Income $0
Other Revenue $211,385
TOTAL REVENUE $211,385

Expense Breakdown

Grants Paid $227,109
Salaries & Benefits $22,839
Fundraising Expenses $0
Program Expenses $249,948
Other Expenses $1,279
TOTAL EXPENSES $251,227

Year-over-Year Comparison

2024 2023 Change
Revenue $211,385 $262,507 -0.2%
Expenses $251,227 $337,982 -0.3%
Net Income $-39,842 $-75,475 -0.5%
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
6
Independent Members
5
Employees
1
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
3
$21,200
Total Directors
6
$21,200
Key Employees
1
$21,200
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN JENSON PRESIDENT 1.00
Officer Director
$0 $0 $0
SEAN FRASER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRENNAN THORLAKSON TREASURER/GAMING MANAGER 7.00
Officer Director Key Emp
$21,200 $0 $21,200
SHANE WERNER DIRECTOR 1.00
Director
$0 $0 $0
JERED KEMNITZ DIRECTOR 1.00
Director
$0 $0 $0
DOUG THORLAKSON 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
2025 No data No data No data No data
2024 $211,385 $251,227 $462,796 $-39,842
2023 $262,507 $337,982 $502,638 $-75,475
2022 $287,204 $60,946 $577,513 $226,258
2021 $238,199 $71,901 $351,787 $166,298
2020 $156,567 $59,113 $184,753 $97,454
2019 $73,128 $32,689 $94,574 $40,439
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