GREATER MENOMONIE DEVELOPMENT CORP INC (EIN 391689314) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

CLARK YOLITZ

Phone

7152324009

Tax Period

2024-01-01 to 2024-12-31

GREATER MENOMONIE DEVELOPMENT CORP INC, founded in 1991, is a micro nonprofit that reported $76K in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 29% operating margin.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN THE MENOMONIE 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $44,700

Investment Income $30,840

Other Revenue $0

TOTAL REVENUE $75,540

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $48,903

TOTAL EXPENSES $53,903

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,540	$39,371	+0.9%
Expenses	$53,903	$36,835	+0.5%
Net Income	$21,637	$2,536	+7.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
DAN LYTLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
ERIC ATKINSON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
KRIS KORPELA	SECRETARY	2.00	Officer Director	$0	$0	$0
CLARK YOLITZ	TREASURER	2.00	Officer Director	$0	$0	$0
ASHLEY DEMUTH	DIRECTOR	2.00	Director	$0	$0	$0
LAURA FAUGHN	DIRECTOR	2.00	Director	$0	$0	$0
KATHERINE FRANK	DIRECTOR	2.00	Director	$0	$0	$0
RICK GEISEN	DIRECTOR (THRU APRIL)	2.00	Director	$0	$0	$0
STEVE JAHN	DIRECTOR	2.00	Director	$0	$0	$0
RANDY KNAACK	DIRECTOR	2.00	Director	$0	$0	$0
BENJAMIN LUDEMAN	DIRECTOR	2.00	Director	$0	$0	$0
JOSH MILLER	DIRECTOR	2.00	Director	$0	$0	$0
BOB SCHULTZ	DIRECTOR	2.00	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	$75,540	$53,903	$626,216	$21,637
2023	$39,371	$36,835	$604,579	$2,536
2022	$48,615	$70,182	$602,043	$-21,567
2021	$50,786	$33,737	$623,610	$17,049
2020	$26,363	$7,252	$606,561	$19,111
2019	$13,278	$2,341	$587,450	$10,937
2018	$13,906	$102,336	$576,513	$-88,430

GREATER MENOMONIE DEVELOPMENT CORP INC