Land O'Lakes Region Sports Car Club of America (EIN 416053766) - 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

1953

Legal Domicile

Principal Officer

Mark L Utecht

Tax Period

2021-01-01 to 2021-12-31

Land O'Lakes Region Sports Car Club of America, founded in 1953, is a small nonprofit that reported $141K in total revenue in fiscal year 2021. Revenue surged 67% from the prior year, signaling strong growth momentum. Expenses of $130K left a modest 8% surplus.

Mission

Our primary mission is to organize and run safe and legal motorsports events in Minnesota and adjoining areas under the rules and sanction of the Sports Car Club of America.

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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 (2021)

Revenue Breakdown

Contributions & Grants $13,065

Program Service Revenue $128,373

Investment Income $2

Other Revenue $0

TOTAL REVENUE $141,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $128,234

Other Expenses $129,581

TOTAL EXPENSES $129,581

Year-over-Year Comparison

	2021	2020	Change
Revenue	$141,440	$84,946	+0.7%
Expenses	$129,581	$68,331	+0.9%
Net Income	$11,859	$16,615	-0.3%

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

N/A

Volunteers

125

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
Mark Utecht	Regional Executive	010.00	Officer Director	$0	$0	$0
John Hertsgaard	Treasurer	010.00	Officer Director	$0	$0	$0
Mary Utecht	Secretary	010.00	Officer Director	$0	$0	$0
Aaron Jongbloedt	Director	002.00	Director	$0	$0	$0
Jimmy Griggs	Director	002.00	Director	$0	$0	$0
Emily Jenkins	Director	002.00	Director	$0	$0	$0
Glen Wilson	Director	002.00	Director	$0	$0	$0
Julie Hammons	Director	002.00	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
2021	$141,440	$129,581	$88,718	$11,859
2020	$84,946	$68,331	$76,859	$16,615
2019	$123,470	$132,984	$60,244	$-9,514
2018	$124,704	$120,607	$69,758	$4,097

Land O'Lakes Region Sports Car Club of America