BELMOND-KLEMME SCHOLARSHIP FOUNDATION-II (EIN 421510338) - 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

Russ Talbot

Phone

6414444269

Tax Period

2023-01-01 to 2023-12-31

BELMOND-KLEMME SCHOLARSHIP FOUNDATION-II, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $134K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $115K, a strong 86% operating margin.

Mission

TO AWARD SCHOLARSHIPS TO ALL QUALIFIED GRADUATES OF BELMOND-KLEMME HIGH SCHOOL WHO FURTHER THEIR EDUCATION AT AN ACCREDITED POST-SECONDARY INSTITUTION.

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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 $64,016

Program Service Revenue $0

Investment Income $69,913

Other Revenue $0

TOTAL REVENUE $133,929

Expense Breakdown

Grants Paid $18,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,020

Other Expenses $539

TOTAL EXPENSES $19,339

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,929	$146,486	-0.1%
Expenses	$19,339	$11,648	+0.7%
Net Income	$114,590	$134,838	-0.2%

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
TOM CHRISTIANSON	Director	0.10	Director	$0	$0	$0
AMY McDANIEL	Director	0.30	Director	$0	$0	$0
LARRY PALS	Director	0.10	Director	$0	$0	$0
DIRK van der LINDEN	Director	0.30	Director	$0	$0	$0
LINZIE MORRIS	Director	0.40	Director	$0	$0	$0
LEWIS SCHAAL	President	0.50	Officer Director	$0	$0	$0
RUSS TALBOT	Vice President	4.75	Officer Director	$0	$0	$0
SHERRI KINSETH	Secretary	0.20	Officer Director	$0	$0	$0
DALE ARENDS	Treasurer	4.80	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
2024	No data	No data	No data	No data
2023	$133,929	$19,339	$2,418,203	$114,590
2022	$146,486	$11,648	$1,948,529	$134,838
2021	$164,028	$5,047	$2,291,292	$158,981
2020	$94,668	$8,558	$1,837,282	$86,110

BELMOND-KLEMME SCHOLARSHIP FOUNDATION-II