THE TWIN CITY RIVER RATS (EIN 411863910) - Form 990 Financial Analysis & Trantor Score

🔒

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

1993

Legal Domicile

Principal Officer

HAL CLAUGE

Tax Period

2023-10-01 to 2024-09-30

THE TWIN CITY RIVER RATS, founded in 1993, is a small nonprofit in the Recreation & Sports sector that reported $150K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $192K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO CONDUCT FREE WATER SKI SHOWS AND TO INTRODUCE AND TEACH SKIING TO ALL AGES AND SUPPORT A JUNIOR DEVELOPMENT TEAM.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $161,390

Program Service Revenue $0

Investment Income $-10,980

Other Revenue $0

TOTAL REVENUE $150,410

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,672

Program Expenses $164,677

Other Expenses $189,153

TOTAL EXPENSES $191,825

Year-over-Year Comparison

	2023	2022	Change
Revenue	$150,410	$201,208	-0.3%
Expenses	$191,825	$148,512	+0.3%
Net Income	$-41,415	$52,696	-1.8%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
DUSTIN LUDWIKOWSKI	MARKETING	Director	$0	$0	$0
ANNIE GALLAGHER	FUNDRAISING	Director	$0	$0	$0
ALLISON HOFFMAN	BOARD MEMBER AT LARGE	Director	$0	$0	$0
LISA ALBERS	SECRETARY	Officer Director	$0	$0	$0
HAL CLAUGE	PRESIDENT	Officer Director	$0	$0	$0
BLAKE CARLILE	VICE PRESIDENT	Officer Director	$0	$0	$0
TOM ZALEWSKI	TREASURER	Officer 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	$150,410	$191,825	$357,105	$-41,415
2023	$201,208	$148,512	$320,162	$52,696
2022	$155,613	$128,972	$176,439	$26,641
2021	$128,091	$77,387	$114,379	$50,704
2020	$35,942	$78,040	$115,187	$-42,098
2019	$176,365	$122,896	$175,518	$53,469
2018	$112,107	$111,179	$117,357	$928

THE TWIN CITY RIVER RATS