BOYS & GIRLS CLUB OF DETROIT LAKES ENDOWMENT FUND INC (EIN 411979801) - 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

2000

Legal Domicile

Principal Officer

GARY THOMPSON

Phone

2188475700

Tax Period

2024-01-01 to 2024-12-31

BOYS & GIRLS CLUB OF DETROIT LAKES ENDOWMENT FUND INC, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $157K in total revenue in fiscal year 2024. The organization ran a surplus of $86K, a strong 55% operating margin.

Mission

SUPPORT THE NEEDS, PROGRAMS, AND SERVICES OF THE BOYS & GIRLS CLUB OF DETROIT LAKES INC

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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 (2024)

Revenue Breakdown

Contributions & Grants $52,680

Program Service Revenue $0

Investment Income $104,221

Other Revenue $0

TOTAL REVENUE $156,901

Expense Breakdown

Grants Paid $60,658

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,658

Other Expenses $10,724

TOTAL EXPENSES $71,382

Year-over-Year Comparison

	2024	2023	Change
Revenue	$156,901	$-21,538	-8.3%
Expenses	$71,382	$63,293	+0.1%
Net Income	$85,519	$-84,831	-2.0%

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

N/A

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
CHRISTIAN EHRNST	DIRECTOR	N/A	Director	$0	$0	$0
CARRIE JOHNSTON	DIRECTOR	N/A	Director	$0	$0	$0
STACEY OMBERG	DIRECTOR	N/A	Director	$0	$0	$0
DAVID PRATT	TREASURER	N/A	Director	$0	$0	$0
LARRISA WILLETT	DIRECTOR	N/A	Director	$0	$0	$0
CARY PERELL	SECRETARY	N/A	Officer	$0	$0	$0
GARY THOMPSON	PRESIDENT	N/A	Officer	$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	$156,901	$71,382	$1,613,385	$85,519
2023	$-21,538	$63,293	$1,519,222	$-84,831
2022	$100,721	$77,942	$1,373,321	$22,779
2021	$244,054	$70,111	$1,714,908	$173,943
2020	$181,984	$267,539	$1,513,482	$-85,555
2019	$68,592	$50,841	$1,595,066	$17,751
2018	$97,294	$53,731	$1,371,091	$43,563

BOYS & GIRLS CLUB OF DETROIT LAKES ENDOWMENT FUND INC