RED MEN CLUB INC

EIN: 410496657

Red Wing, MN

Total Revenue
$-1,882
Total Expenses
$1,754
Total Assets
$183,431
Net Assets
$155,018
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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
1976
Legal Domicile
MN
Tax Period
2023-01-01 to 2023-12-31

RED MEN CLUB INC, founded in 1976, is a micro nonprofit that reported $2K in total revenue in fiscal year 2023. Revenue fell 141% from the prior year — a significant decline worth monitoring.

Mission

FRATERNAL ORGANIZATION ORGANIZED FOR THE WELL BEING OF OUR MEMBERS. ALSO IS A PATRIOTIC ORGANIZATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-1,882
TOTAL REVENUE $-1,882

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,754
Other Expenses $1,754
TOTAL EXPENSES $1,754

Year-over-Year Comparison

2023 2022 Change
Revenue $-1,882 $4,639 -1.4%
Expenses $1,754 $1,754 N/A
Net Income $-3,636 $2,885 -2.3%
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
330
Independent Members
330
Employees
14
Volunteers
12

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
0
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE OLSON BOARD MEMBER 10.00
$0 $0 $0
DANIEL SCHUTZ BOARD MEMBER 10.00
$0 $0 $0
RICH CURTIS BOARD MEMBER 10.00
$0 $0 $0
DAVID CLARK BOARD MEMBER 10.00
$0 $0 $0
JIMM MANN BOARD MEMBER 10.00
$0 $0 $0
MICHAEL LOGAN BOARD MEMBER 10.00
$0 $0 $0
BARBARA GLAUS MANAGER 40.00
Key Emp
$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 $-1,882 $1,754 $183,431 $-3,636
2022 $6,400 $1,754 $186,782 $4,646
2021 $32,827 $1,754 $178,816 $31,073
2020 $6,425 $1,754 $137,600 $4,671
2019 $-9,093 $1,754 $124,313 $-10,847
2018 $-2,604 $1,754 $133,302 $-4,358
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