HOSTFEST-HERITAGE FOUNDATION (EIN 411960917) - 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

1978

Legal Domicile

Principal Officer

SUE WESTON

Phone

7018522368

Tax Period

2025-01-01 to 2025-12-31

HOSTFEST-HERITAGE FOUNDATION, founded in 1978, is a small nonprofit in the Arts, Culture & Humanities sector that reported $285K in total revenue in fiscal year 2025. Revenue surged 4590% from the prior year, signaling strong growth momentum. Expenses of $253K left a modest 11% surplus.

Mission

CELEBRATING SCANDINAVIAN HERITAGE BY PROMOTING AND PRESERVING TRADITIONAL FAMILY, CULTURAL, AND COMMUNITY VALUES FOR THE BENEFIT OF ALL FUTURE GENERATIONS

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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 (2025)

Revenue Breakdown

Contributions & Grants $285,285

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $285,288

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $250,000

Other Expenses $2,553

TOTAL EXPENSES $252,553

Year-over-Year Comparison

	2025	2024	Change
Revenue	$285,288	$6,083	+45.9%
Expenses	$252,553	$17,593	+13.4%
Net Income	$32,735	$-11,510	-3.8%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM MIHALICK	DIRECTOR	1.00	Director	$0	$0	$0
KAREN KREBSBACH	DIRECTOR	1.00	Director	$0	$0	$0
LIZ GJELLSTAD	DIRECTOR	1.00	Director	$0	$0	$0
HARRISON HRUBY	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER LOCK	SECRETARY	1.00	Officer Director	$0	$0	$0
SUE WESTON	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN MACKNER	PRESIDENT	1.00	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
2025	$285,288	$252,553	$60,800	$32,735
2024	$6,083	$17,593	$28,065	$-11,510
2023	$25,592	$732,230	$39,575	$-706,638
2022	$63,681	$53,994	$746,213	$9,687
2021	$179,544	$274,770	$736,529	$-95,226
2020	$13,229	$106,910	$832,080	$-93,681
2019	$230,469	$507,594	$925,458	$-277,125
2018	$122,835	$122,641	$1,247,416	$194

HOSTFEST-HERITAGE FOUNDATION