GREATER LAKE SYLVIA ASSOCIATION 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

1975

Legal Domicile

Principal Officer

RANDY WILSON

Phone

9522507979

Tax Period

2024-01-01 to 2024-12-31

GREATER LAKE SYLVIA ASSOCIATION INC, founded in 1975, is a small nonprofit in the Environment sector that reported $146K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $49K, a strong 34% operating margin.

Mission

MAINTAIN AND IMPROVE THE WATER QUALITY OF LAKE SYLVIA.

Program Service Accomplishments

Program 1

Expenses: $68,574

MONITORING BOAT LAUNCHES INTO LAKE SYLVIA TO PREVENT THE SPREADING OF AQUATIC INVASIVE SPECIES INTO THE LAKE. PREVENT THE SPREADING OF STARRY STONWART INTO OTHER LAKES.

Program 2

TO CONTROL AQUATIC INVASIVE SPECIES THROUGH REGIONAL INSPECTION AND DECONTAMINATION OF WATER RELATED EQUIPMENT.

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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 $100,303

Program Service Revenue $0

Investment Income $17,694

Other Revenue $27,772

TOTAL REVENUE $145,769

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,574

Other Expenses $96,876

TOTAL EXPENSES $96,876

Year-over-Year Comparison

	2024	2023	Change
Revenue	$145,769	$126,806	+0.1%
Expenses	$96,876	$114,843	-0.2%
Net Income	$48,893	$11,963	+3.1%

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

N/A

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
RANDY WILSON	PRESIDENT	2.00	Officer	$0	$0	$0
LISA PEERY	VICE PRESIDE	2.00	Officer	$0	$0	$0
STEVE HOIEN	TREASURER	2.00	Officer	$0	$0	$0
RENEE WYFFELS	SECRETARY	2.00	Officer	$0	$0	$0
BLAINE BARKLEY	DIRECTOR	1.00	Director	$0	$0	$0
RHONDA BRAU	DIRECTOR	1.00	Director	$0	$0	$0
CLAIRE DEMPSEY	DIRECTOR	1.00	Director	$0	$0	$0
JERRY EUTENEUER	DIRECTOR	1.00	Director	$0	$0	$0
RUSS FORTNER	DIRECTOR	1.00	Director	$0	$0	$0
JIM GRAY	DIRECTOR	1.00	Director	$0	$0	$0
VICKI HOIEN	DIRECTOR	1.00	Director	$0	$0	$0
BILL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MCNELLIS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF SIMON	DIRECTOR	1.00	Director	$0	$0	$0
MARK STRUBLE	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	$145,769	$96,876	$655,738	$48,893
2023	$126,806	$114,843	$598,902	$11,963
2022	$112,925	$90,456	$579,685	$22,469
2021	$94,519	$69,585	$564,068	$24,934
2020	$126,502	$77,350	$518,125	$49,152
2019	$118,998	$127,495	$467,958	$-8,497
2018	$319,820	$267,696	$472,220	$52,124