WAYZATA SAILING FOUNDATION (EIN 411986402) - 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

JANA SIMMONS

Phone

9524765875

Tax Period

2023-01-01 to 2023-12-31

WAYZATA SAILING FOUNDATION, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $602K in total revenue in fiscal year 2023. Net assets of $4.1M represent 82 months of operating reserves.

Mission

THE WAYZATA SAILING FOUNDATION'S PURPOSE IS TO PROMOTE SAILING FOR EVERYONE BY PROVIDING ACCESS TO FACILITIES, AND SAILING INSTRUCTIONS TO PEOPLE OF ALL BACKGROUNDS AND SKILL LEVELS.

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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 $107,929

Program Service Revenue $433,186

Investment Income $3,974

Other Revenue $56,748

TOTAL REVENUE $601,837

Expense Breakdown

Grants Paid $190,320

Salaries & Benefits $172,024

Fundraising Expenses $28,815

Program Expenses $464,598

Other Expenses $289,097

TOTAL EXPENSES $651,441

Year-over-Year Comparison

	2023	2022	Change
Revenue	$601,837	$607,591	0.0%
Expenses	$651,441	$690,318	-0.1%
Net Income	$-49,604	$-82,727	-0.4%

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

320

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

$88,258

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANA SIMMONS	PRESIDENT	1.00	Officer Director	$0	$0	$0
KRISTYN MULLIN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT ROSENBAUM	TREASURER	1.00	Officer Director	$0	$0	$0
ROBB HARRIS	SECRETARY	1.00	Officer Director	$0	$0	$0
BRIGHID HANSEN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE HANSEN	DIRECTOR	1.00	Director	$0	$0	$0
TIM SIEMERS	DIRECTOR	1.00	Director	$0	$0	$0
SOL RYAN	DIRECTOR	1.00	Director	$0	$0	$0
LISA HUANG	DIRECTOR	1.00	Director	$0	$0	$0
ALEX GORDON	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW THOMPSON	EXECUTIVE DIRECTOR	1.00	Officer	$88,258	$0	$88,258

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	No data	No data	No data	No data
2023	$601,837	$651,441	$4,189,954	$-49,604
2022	$607,591	$690,318	$4,238,377	$-82,727
2021	$724,615	$509,537	$4,353,109	$215,078
2020	$420,559	$483,714	$4,238,531	$-63,155
2019	$1,191,907	$519,597	$4,240,455	$672,310
2018	$1,321,848	$406,169	$3,587,511	$915,679

WAYZATA SAILING FOUNDATION