MILWAUKEE, WI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)HONKAMP FAMILY FOUNDATION, founded in 1998, is a small nonprofit in the Recreation & Sports sector that reported $195K in total revenue in fiscal year 2023. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $257K exceeded revenue, resulting in a 32% operating deficit.
THE HONKAMP FAMILY FOUNDATION WAS FORMED TO OPERATE AS A SUPPORTING ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE TO RECEIVE CONTRIBUTIONS FROM MICHAEL HONKAMP, KEVIN...
THE HONKAMP FAMILY FOUNDATION WAS FORMED TO OPERATE AS A SUPPORTING ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE TO RECEIVE CONTRIBUTIONS FROM MICHAEL HONKAMP, KEVIN HONKAMP, LYNN BYRNE (ALL 3 ARE HONKAMP FAMILY MEMBERS), AND MEMBERS OF THEIR FAMILIES, AND DISTRIBUTE THEM IN SUPPORT OF GREATER MILWAUKEE FOUNDATION. GREATER MILWAUKEE FOUNDATION IS A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE.AS SET FORTH IN THE HONKAMP FAMILY FOUNDATION'S DECLARATION OF TRUST, "HONKAMP FAMILY FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES...FOR THE EXCLUSIVE BENEFIT OF, GREATER MILWAUKEE FOUNDATION CORPORATION...AND TO SUPPORT ITS RELATED PROGRAMS AND ACTIVITIES CONSISTENT WITH THE GOALS IMPLIED IN ITS MISSION STATEMENT." GREATER MILWAUKEE FOUNDATION'S MISSION IS TO PROMOTE THE BETTERMENT OF THE GREATER MILWAUKEE COMMUNITY AND THE ENHANCEMENT OF THE QUALITY OF LIFE FOR ALL ITS CITIZENS. THE HONKAMP FAMILY FOUNDATION WILL FOCUS ITS GRANTMAKING ON ORGANIZATIONS SUPPORTING JOB SERVICES, COMMUNITY ENHANCEMENT, AND CHILDREN AND YOUTH.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $194,708 | $1,234,653 | -0.8% |
| Expenses | $257,452 | $289,669 | -0.1% |
| Net Income | $-62,744 | $944,984 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MOLLY HONKAMP | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNN DEFRANCESCO-BYRNE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN HONKAMP | TRUSTEE/CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL HONKAMP II | TRUSTEE/SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GREGORY WESLEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RALPH HOLLMON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA MELLOWES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RAFAEL ACEVEDO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NOLETTA JANSEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLEN GILLIGAN | ASSISTANT SECRETARY | 0.00 |
Officer
|
$0 | $57,748 | $382,718 |
| KEN ROBERTSON | COO/CFO | 0.00 |
Officer
|
$0 | $29,243 | $230,848 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $194,708 | $257,452 | $4,724,530 | $-62,744 |
| 2022 | $1,234,653 | $289,669 | $4,336,976 | $944,984 |
| 2021 | $385,122 | $64,911 | $4,325,541 | $320,211 |
| 2020 | $1,143,300 | $183,488 | $3,693,972 | $959,812 |
Compare HONKAMP FAMILY FOUNDATION with other nonprofits in Wisconsin and across the country.