WESTONKA RECREATIONAL ASSOCIATION (EIN 411679420) - 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

1990

Legal Domicile

Principal Officer

JAMES BYERS

Phone

9524721774

Tax Period

2024-01-01 to 2024-12-31

WESTONKA RECREATIONAL ASSOCIATION, founded in 1990, is a small nonprofit in the Recreation & Sports sector that reported $111K in total revenue in fiscal year 2024. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $32K, a strong 29% operating margin.

Mission

THE OPERATION OF A RECREATIONAL COMPLEX FOR THE LOCAL AREA.

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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 $29,788

Program Service Revenue $0

Investment Income $179

Other Revenue $81,267

TOTAL REVENUE $111,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,902

Fundraising Expenses $0

Program Expenses $78,780

Other Expenses $76,970

TOTAL EXPENSES $78,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$111,234	$49,112	+1.3%
Expenses	$78,872	$67,644	+0.2%
Net Income	$32,362	$-18,532	-2.7%

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

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
TERRILL ANDERSON	SECRETARY	2.00	Officer	$0	$0	$0
JAMES BYERS	PRESIDENT	5.00	Officer	$0	$0	$0
DAVID GREENSLIT	TREASURER	2.00	Officer	$0	$0	$0
ROBERT NAGENGAST	VICE PRESIDE	5.00	Officer	$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	$111,234	$78,872	$353,493	$32,362
2023	$49,112	$67,644	$321,131	$-18,532
2022	$35,847	$51,640	$339,663	$-15,793
2021	$36,903	$45,291	$355,456	$-8,388
2020	$13,953	$49,463	$363,842	$-35,510
2019	$40,547	$78,332	$399,352	$-37,785
2018	$44,135	$59,276	$437,137	$-15,141

WESTONKA RECREATIONAL ASSOCIATION