WASECA, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WASECA SLEIGH & CUTTER FESTIVAL INC, founded in 1955, is a small nonprofit in the Arts, Culture & Humanities sector that reported $111K in total revenue in fiscal year 2024. Revenue surged 120% from the prior year, signaling strong growth momentum. Expenses of $96K left a modest 13% surplus.
TO SPONSOR AND CONDUCT THE HOLDING OF WHAT IS NOW KNOWN AS THE WASECA SLEIGH & CUTTER FESTIVAL FOR THE PURPOSE OF STIMULATING CIVIC INTERESTS AND PARTICIPATION IN THE OUTDOOR ACTIVITIES AND WINTER SPORTS AVAILABLE TO AND IN THE COMMUNITY OF WASECA, AND TO DO ANY AND ALL ACTS NECESSARY AND INCIDENTAL TO ACCOMPLISH THE PURPOSE OF THIS ORGANIZATION. FURTHER, THE ASSOCIATION SHALL PROVIDE SCHOLARSHIPS TO AREA SCHOOLS AND TO THE MISS WASECA SLEIGH & CUTTER. ANOTHER GOAL IS TO PROVIDE FUNDING TO LOCAL ORGANIZATIONS LIKE THE 4-H AND WASECA COUNTY FAIR.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $111,401 | $50,628 | +1.2% |
| Expenses | $96,365 | $54,944 | +0.8% |
| Net Income | $15,036 | $-4,316 | -4.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KEN BORGMANN 6628 WAGES IN GAMB | PRESIDENT | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT ROEMHILDT | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOLENE GUNDERMANN | SECRETARY/TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN EBERLINE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER BURT 13894 WAGES IN GAMB | DIRECTOR/GAMBLING MGR | 15.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $111,401 | $96,365 | $225,895 | $15,036 |
| 2024 | $50,628 | $54,944 | $211,127 | $-4,316 |
| 2023 | $63,502 | $43,098 | $215,842 | $20,404 |
| 2022 | $19,578 | $49,013 | $194,103 | $-29,435 |
| 2021 | $103,239 | $43,307 | $224,017 | $59,932 |
| 2020 | $25,889 | $36,168 | $163,370 | $-10,279 |
| 2019 | $57,881 | $35,354 | $173,892 | $22,527 |
Compare WASECA SLEIGH & CUTTER FESTIVAL INC with other nonprofits in Minnesota and across the country.