KING TURKEY DAY INC

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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

1958

Legal Domicile

Principal Officer

MEGAN PRINS

Phone

5073722919

Tax Period

2024-01-01 to 2024-12-31

KING TURKEY DAY INC, founded in 1958, is a small nonprofit that reported $105K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $17K, a strong 16% operating margin.

Mission

TO PROMOTE KING TURKEY DAY COMMUNITY CELEBRATION

Program Service Accomplishments

Program 1

THE ANNUAL KING TURKEY DAY PARADE IS THE SHOWCASE EVENT THAT DRAWS CROWDS OF OVER 20,000 PEOPLE TO WATCH THE 2-MILE LONG PROCESSION OF LOCAL PEOPLE, BANDS AND ORGANIZATIONS. THE EVENT IS FREE TO...

THE ANNUAL KING TURKEY DAY PARADE IS THE SHOWCASE EVENT THAT DRAWS CROWDS OF OVER 20,000 PEOPLE TO WATCH THE 2-MILE LONG PROCESSION OF LOCAL PEOPLE, BANDS AND ORGANIZATIONS. THE EVENT IS FREE TO ATTEND AND PROMOTES THE SENSE OF COMMUNITY THAT KING TURKEY DAY IS ALL ABOUT.

Program 2

THE KING TURKEY DAY MIXER IS A COMMUNITY EVENT THAT WELCOMES OUR SISTER CITY TO TOWN, RECOGNIZED COMMUNITY MEMBERS DURING A PROGRAM THAT HONORS VOLUNTEERS AND OUTSTANDING COMMUNITY-MINDED PEOPLE AND...

Program 3

THE PANCAKE BREAKFAST IS A TURKEY DAY TRADITION THAT BRINGS THOUSANDS FROM THE COMMUNITY INTO THE FIREHALL WHERE VOLUNTEERS PREPARE DONATED BREAKFAST FOODS AND SERVE THE COMMUNITY A FREE BREAKFAST.

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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 $59,550

Program Service Revenue $16,616

Investment Income $2

Other Revenue $28,370

TOTAL REVENUE $104,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,182

Other Expenses $87,516

TOTAL EXPENSES $87,516

Year-over-Year Comparison

	2024	2023	Change
Revenue	$104,538	$87,261	+0.2%
Expenses	$87,516	$82,281	+0.1%
Net Income	$17,022	$4,980	+2.4%

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

100

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
ANDY BERG	DIRECTOR	1.00	Director	$0	$0	$0
TONI BROUILLET	DIRECTOR	1.00	Director	$0	$0	$0
ADAM DAHLQUIST	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JULIE FOOTE	DIRECTOR	1.00	Director	$0	$0	$0
ADRIAN GONZALEZ	DIRECTOR	1.00	Director	$0	$0	$0
JAY JENSEN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC JUAREZ	DIRECTOR	1.00	Director	$0	$0	$0
PAIGE KINLEY	DIRECTOR	1.00	Director	$0	$0	$0
NIC KRAMER	DIRECTOR	1.00	Director	$0	$0	$0
ANNA MAHLBERG	DIRECTOR	1.00	Director	$0	$0	$0
ROBYN MOSER	DIRECTOR	1.00	Director	$0	$0	$0
TINA NICKEL	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA NOBLE	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
NATE VAN NOTE	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN PRINS	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
TANNER ROGERS	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
JEANNE SUBY	DIRECTOR	1.00	Director	$0	$0	$0
DULCIE WILLARDSON	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	$104,538	$87,516	$86,778	$17,022
2023	$87,261	$82,281	$69,756	$4,980
2022	$91,546	$105,517	$64,776	$-13,971
2021	$79,850	$55,876	$78,747	$23,974
2020	$24,336	$13,065	$54,773	$11,271
2019	$80,815	$72,759	$43,502	$8,056
2018	$111,395	$105,422	$35,446	$5,973