ALBERT LEA FAMILY Y HERITAGE FOUNDATION (EIN 411423646) - Form 990 Financial Analysis & Trantor Score

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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

1981

Legal Domicile

Principal Officer

DIANE SIMON

Phone

5073738228

Tax Period

2023-01-01 to 2023-12-31

ALBERT LEA FAMILY Y HERITAGE FOUNDATION, founded in 1981, is a micro nonprofit that reported $40K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $78K exceeded revenue, resulting in a 95% operating deficit.

Mission

TO ASSIST THE FAMILY YMCA OF ALBERT LEA, MINNESOTA, INC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,900

Program Service Revenue $0

Investment Income $37,221

Other Revenue $0

TOTAL REVENUE $40,121

Expense Breakdown

Grants Paid $68,830

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,830

Other Expenses $9,368

TOTAL EXPENSES $78,198

Year-over-Year Comparison

	2023	2022	Change
Revenue	$40,121	$36,256	+0.1%
Expenses	$78,198	$61,473	+0.3%
Net Income	$-38,077	$-25,217	+0.5%

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

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
DENNIS DIESER	Executive Dir.	1.00	Officer Director	$0	$0	$0
DIANE SIMON	President	1.00	Officer Director	$0	$0	$0
DON NOLANDER	Vice President	1.00	Officer Director	$0	$0	$0
KEVIN MILAND	Secretary	1.00	Officer Director	$0	$0	$0
STEVE SCHWARTZ	Treasurer	1.00	Officer Director	$0	$0	$0
DAN KOLKER	Director	0.50	Director	$0	$0	$0
CHARLIE NEWELL	Director	0.50	Director	$0	$0	$0
GREG WILSON	Director	0.50	Director	$0	$0	$0
BRAD NIEHBUR	Director	0.50	Director	$0	$0	$0
DENNIS DIESER	Director	0.50	Director	$0	$0	$0
BILL DANIELSON	Director	0.50	Director	$0	$0	$0
BOB HOEG	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
2024	No data	No data	No data	No data
2023	$40,121	$78,198	$1,158,688	$-38,077
2022	$36,256	$61,473	$1,089,582	$-25,217
2021	$168,487	$61,979	$1,283,537	$106,508
2020	$61,436	$10,675	$1,138,181	$50,761
2019	$46,564	$66,605	$936,579	$-20,041
2018	$48,846	$46,968	$860,745	$1,878

ALBERT LEA FAMILY Y HERITAGE FOUNDATION