Blooming Prairie Chamber of Commerce (EIN 411489940) - 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

1987

Legal Domicile

Phone

5075834472

Tax Period

2023-01-01 to 2023-12-31

Blooming Prairie Chamber of Commerce, founded in 1987, is a micro nonprofit that reported $47K in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. Expenses of $43K left a modest 8% surplus.

Mission

TO PROVIDE FRAMEWORK FOR COMMUNITY GROWTH

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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 $10,000

Program Service Revenue $24,721

Investment Income $245

Other Revenue $12,075

TOTAL REVENUE $47,041

Expense Breakdown

Grants Paid $250

Salaries & Benefits $22,301

Fundraising Expenses $0

Other Expenses $20,680

TOTAL EXPENSES $43,231

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,041	$26,900	+0.7%
Expenses	$43,231	$24,281	+0.8%
Net Income	$3,810	$2,619	+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

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
Karen Peterson	Executive Director	24.00		$20,613	$0	$20,613
Darla Skalicky	Gambling Manager	4.00		$6,600	$0	$6,600
JIM FIEBIGER	Past President	1.00	Director	$0	$0	$0
NAIDA DOKKEN	President	1.00	Officer Director	$0	$0	$0
ADAM THOEN	Treasurer	2.00	Officer Director	$0	$0	$0
TERESA GISLESON	Vice President	1.00	Officer Director	$0	$0	$0
AARON BRACK	Secretary	1.00	Officer Director	$0	$0	$0
CURT ESPLAN	Gov't Relations	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	$47,041	$43,231	$92,973	$3,810
2022	$26,900	$24,281	$87,308	$2,619
2021	$201,590	$167,823	$87,811	$33,767
2020	$148,274	$140,338	$66,044	$7,936
2019	$100,266	$102,289	$58,108	$-2,023
2018	$84,836	$53,400	$57,487	$31,436

Blooming Prairie Chamber of Commerce