BLAINES BLAZIN 4TH INC (EIN 411941575) - 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

1974

Legal Domicile

Principal Officer

JOHN MARINAN

Phone

6123085576

Tax Period

2023-09-01 to 2024-08-31

BLAINES BLAZIN 4TH INC, founded in 1974, is a small nonprofit in the Recreation & Sports sector that reported $488K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $179K, a strong 37% operating margin.

Mission

THE ORGANIZATION PROVIDES A PARADE AND FESTIVAL CELEBRATION FOR THE RESIDENTS OF THE CITY OF BLAINE AND SURRONDING COMMUNITIES. THE ORGANIZATION ALSO PROVIDES CHARIABLE SUPPORT TO THE COMMUNITY THROUGH YOU 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $492,310

Program Service Revenue $25,102

Investment Income $659

Other Revenue $-30,256

TOTAL REVENUE $487,815

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $308,751

Other Expenses $308,751

TOTAL EXPENSES $308,751

Year-over-Year Comparison

	2023	2022	Change
Revenue	$487,815	$335,601	+0.5%
Expenses	$308,751	$475,977	-0.4%
Net Income	$179,064	$-140,376	-2.3%

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

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
JOHN MARINAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
BONNY BRUBAKKEN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JAMES SWARTOUT	SECRETARY	5.00	Officer Director	$0	$0	$0
STEVE KANOFF	TREASURER	5.00	Officer Director	$0	$0	$0
TOM WEGSCHEID	BOARD CHAIR	5.00	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	$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

BLAINES BLAZIN 4TH INC