Friends of Willow River-Kinnickinnic State Parks (EIN 391667467) - 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

1990

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Friends of Willow River-Kinnickinnic State Parks, founded in 1990, is a small nonprofit in the Environment sector that reported $240K in total revenue in fiscal year 2023. The organization ran a surplus of $58K, a strong 24% operating margin.

Mission

Promote environmental education and stewardship of the natural resources at Willow River and Kinnickinnic State Parks.

🔒

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 $213,331

Program Service Revenue $7,072

Investment Income $-19,640

Other Revenue $39,526

TOTAL REVENUE $240,289

Expense Breakdown

Grants Paid $0

Salaries & Benefits $100,184

Fundraising Expenses $493

Program Expenses $170,239

Other Expenses $81,851

TOTAL EXPENSES $182,035

Year-over-Year Comparison

	2023	2022	Change
Revenue	$240,289	$228,825	+0.1%
Expenses	$182,035	$172,687	+0.1%
Net Income	$58,254	$56,138	+0.0%

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

Volunteers

131

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
Colleen OBrien-Berglund	Director	1.00	Director	$0	$0	$0
John Gallagher	Director	1.00	Director	$0	$0	$0
Dan Marchand	Director	1.00	Director	$0	$0	$0
Jeanne Hall	Director	1.00	Director	$0	$0	$0
Mark Maydam	Director	2.00	Director	$0	$0	$0
Walt Zuliani	Vice President	10.00	Officer Director	$0	$0	$0
David Thofern	Treasurer	20.00	Officer Director	$0	$0	$0
Rita Thofern	President	20.00	Officer Director	$0	$0	$0
Bob Richardson	Secretary	2.00	Officer 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	No data	No data	No data	No data
2023	$240,289	$182,035	$1,002,459	$58,254
2022	$228,825	$172,687	$939,133	$56,138
2021	$215,362	$166,041	$888,363	$49,321
2020	$425,249	$125,978	$844,786	$299,271
2019	$199,526	$214,495	$78,975	$-14,969

Friends of Willow River-Kinnickinnic State Parks