BLAINE'S BLAZIN 4TH INC

EIN: 411941575 Recreation & Sports

BLAINE, MN

Total Revenue
$317,732
Total Expenses
$363,051
Total Assets
$790,870
Net Assets
$790,170
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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
1974
Legal Domicile
MN
Principal Officer
JOHN MARINAN
Phone
6123085576
Tax Period
2024-09-01 to 2025-08-31

BLAINE'S BLAZIN 4TH INC, founded in 1974, is a small nonprofit in the Recreation & Sports sector that reported $318K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $363K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE A LOCAL CELEBRATION FOR THE RESIDENTS OF THE CITY OF BLAINE AND SURROUNDING COMMUNITIES INCLUDING A PARADE, CARNIVAL AND CAR SHOW.

Program Service Accomplishments

Program 1
Expenses: $360,963

THE ORGANIZATION PROVIDES A PARADE AND FESTIVAL CELEBRATION FOR RESIDENTS OF THE CITY OF BLAINE AND SURROUNDING COMMUNITIES. THE ORGANIZATION ALSO PROVIDES CHARITABLE SUPPORT TO THE COMMUNITY THROUGH...

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THE ORGANIZATION PROVIDES A PARADE AND FESTIVAL CELEBRATION FOR RESIDENTS OF THE CITY OF BLAINE AND SURROUNDING COMMUNITIES. THE ORGANIZATION ALSO PROVIDES CHARITABLE SUPPORT TO THE COMMUNITY THROUGH YOUR PROGRAMS, EDUCATION, AND FIRE SAFETY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,434
Program Service Revenue $163,320
Investment Income $760
Other Revenue $123,218
TOTAL REVENUE $317,732

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $363,051
Other Expenses $363,051
TOTAL EXPENSES $363,051

Year-over-Year Comparison

2024 2023 Change
Revenue $317,732 $487,815 -0.3%
Expenses $363,051 $308,751 +0.2%
Net Income $-45,319 $179,064 -1.3%
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

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Governance

Voting Members
10
Independent Members
10
Employees
25
Volunteers
50

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BONNIE BRUBAKKEN VICE PRESIDE N/A
Officer Director
$0 $0 $0
STEPHEN KANOFF TREASURER N/A
Officer Director
$0 $0 $0
JOHN MARINAN PRESIDENT 10.00
Officer Director
$0 $0 $0
JIM SWARTOUT SECRETARY N/A
Officer Director
$0 $0 $0
TOM WEGSCHEID CHAIRMAN N/A
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
2025 $317,732 $363,051 $790,870 $-45,319
2024 $487,815 $308,751 $837,433 $179,064
2023 $335,601 $475,977 $659,305 $-140,376
2022 $551,265 $671,821 $799,441 $-120,556
2021 $474,121 $166,125 $909,757 $307,996
2020 $306,532 $222,881 $580,039 $83,651
2019 $202,216 $192,004 $501,957 $10,212
2018 $354,709 $166,692 $466,498 $188,017
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