WILLMAR CIVIC SCHOLARSHIP ASSOC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

MARY SAWATZKY

Phone

3202357220

Tax Period

2024-01-01 to 2024-12-31

WILLMAR CIVIC SCHOLARSHIP ASSOC, founded in 1962, is a micro nonprofit that reported $93K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 39% operating margin.

Mission

THE ORGANIZATION'S PURPOSE IS TO ANNUALLY HONOR SCHOLASTIC ACHIEVEMENT BY AWARDING SCHOLARSHIPS TO WILLMAR SENIOR HIGH STUDENTS TO BE USED FOR THEIR POST SECONDARY EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $56,109 Revenue: $87,821

TO ANNUALLY REWARD SCHOLASTIC ACHIEVEMENT BY AWARDING SCHOLARSHIPS TO WILLMAR SENIOR HIGH SCHOOL STUDENTS TO BE USED FOR POST HIGH SCHOOL EDUCATION. WITH THE FINANCIAL ASSISTANCE FROM VARIOUS...

TO ANNUALLY REWARD SCHOLASTIC ACHIEVEMENT BY AWARDING SCHOLARSHIPS TO WILLMAR SENIOR HIGH SCHOOL STUDENTS TO BE USED FOR POST HIGH SCHOOL EDUCATION. WITH THE FINANCIAL ASSISTANCE FROM VARIOUS COMMUNITY BUSINESSES AND RESIDENTS, SCHOLARSHIPS ARE AWARDED TO THE TOP 53 HIGHEST AND HIGH HONORS AND TO OUTSTANDING STUDENTS REPRESENTING EACH OF THE 27 DEPARTMENTS. AT THE NINTH GRADE LEVEL THE TOP MALE AND FEMALE STUDENTS ARE ALSO RECOGNIZED.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $87,821

Program Service Revenue $0

Investment Income $197

Other Revenue $5,119

TOTAL REVENUE $93,137

Expense Breakdown

Grants Paid $54,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,109

Other Expenses $2,491

TOTAL EXPENSES $56,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$93,137	$73,822	+0.3%
Expenses	$56,991	$77,283	-0.3%
Net Income	$36,146	$-3,461	-11.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

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
JUSTIN BOS	DIRECTOR	0.50	Director	$0	$0	$0
BRENDA COQUYT	DIRECTOR	0.50	Director	$0	$0	$0
CAROLYN HALVERSON	DIRECTOR	0.50	Director	$0	$0	$0
DEB ZINDA HANSON	TREASURER	2.00	Officer Director	$0	$0	$0
KIM HANSON	VICE CHAIR	0.50	Officer Director	$0	$0	$0
JENNIFER HESS	DIRECTOR	0.50	Director	$0	$0	$0
TOMMY DEBOER JR	DIRECTOR	0.50	Director	$0	$0	$0
MARY SAWATZKY	CHAIR	0.50	Officer Director	$0	$0	$0
PAUL SCHMITZ	DIRECTOR	0.50	Director	$0	$0	$0
STEPH SLAGTER	DIRECTOR	0.50	Director	$0	$0	$0
MATT SMITH	SECRETARY	0.50	Officer Director	$0	$0	$0
JILL STEVENS	DIRECTOR	0.50	Director	$0	$0	$0
SHARON TOLLEFSON	DIRECTOR	0.50	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
2025	No data	No data	No data	No data
2024	$93,137	$56,991	$238,203	$36,146
2023	$73,822	$77,283	$200,898	$-3,461
2022	$59,750	$49,610	$209,618	$10,140
2021	$88,839	$52,365	$219,721	$36,474
2020	$41,487	$44,501	$169,580	$-3,014
2019	$45,781	$46,334	$161,626	$-553
2018	$114,242	$89,139	$159,734	$25,103