RIVERFEST INC (EIN 391458523) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

DJ OLBRYS

Phone

6087826000

Tax Period

2023-11-01 to 2024-10-31

RIVERFEST INC, founded in 1983, is a small nonprofit that reported $421K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

CREATE AND HOLD A 4TH OF JULY FAMILY FESTIVAL WITH "SOMETHING FOR EVERYONE", ENCOURAGE CITIZENS OF THE LA CROSSE AREA TO CELEBRATE THE HOLIDAY AT HOME AND INVITE VISITORS FROM OUTSIDE THE AREA TO JOIN FOR FIREWORKS, ENTERTAINMENT, FOOD AND FESTIVITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $413,511

Investment Income $7,950

Other Revenue $0

TOTAL REVENUE $421,461

Expense Breakdown

Grants Paid $18,208

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $421,314

Other Expenses $411,371

TOTAL EXPENSES $429,579

Year-over-Year Comparison

	2023	2022	Change
Revenue	$421,461	$548,669	-0.2%
Expenses	$429,579	$551,881	-0.2%
Net Income	$-8,118	$-3,212	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

250

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA AMUNRUD	DIRECTOR	1.00	Director	$0	$0	$0
NICK BJERKE	PRESIDENT EL	1.00	Officer Director	$0	$0	$0
MARION BYERSON	DIRECTOR	1.00	Director	$0	$0	$0
DAN COX	DIRECTOR	1.00	Director	$0	$0	$0
BARB FRAHM	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CHRISTOPHER HELLESEN	DIRECTOR	1.00	Director	$0	$0	$0
SHAY MCREYNOLDS	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL NORTON	SECRETARY	1.00	Officer Director	$0	$0	$0
DJ OLBRYS	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVE PETERSEN	DIRECTOR	1.00	Director	$0	$0	$0
BRAD PITEL	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SCHIEBER	TREASURER	2.00	Officer Director	$0	$0	$0
SARAH SOVEREIGN	DIRECTOR	1.00	Director	$0	$0	$0
EMORY THIEMANN	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS VOGEL	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	$421,461	$429,579	$216,095	$-8,118
2023	$548,669	$551,881	$205,669	$-3,212
2022	$426,155	$451,417	$218,044	$-25,262
2021	$512,687	$474,104	$263,225	$38,583
2019	$454,769	$440,754	$208,930	$14,015
2018	$346,658	$382,867	$187,896	$-36,209

RIVERFEST INC