FARGO MOORHEAD LABOR TEMPLE ASSOC (EIN 450309507) - 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

1974

Legal Domicile

Principal Officer

TERRY JONES

Phone

7012323215

Tax Period

2021-01-01 to 2021-12-31

FARGO MOORHEAD LABOR TEMPLE ASSOC, founded in 1974, is a small nonprofit that reported $150K in total revenue in fiscal year 2021. Revenue surged 1421% from the prior year, signaling strong growth momentum. The organization ran a surplus of $142K, a strong 95% operating margin.

Mission

PROVIDE FACILTIES FOR TRADES AND LABOR UNIONS

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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 $0

Program Service Revenue $0

Investment Income $143,932

Other Revenue $5,690

TOTAL REVENUE $149,622

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,401

Fundraising Expenses $0

Other Expenses $2,360

TOTAL EXPENSES $7,761

Year-over-Year Comparison

	2021	2020	Change
Revenue	$149,622	$9,837	+14.2%
Expenses	$7,761	$4,187	+0.9%
Net Income	$141,861	$5,650	+24.1%

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

$4,575

Total Directors

$4,575

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK WASFARET	PRESIDENT	2.00	Officer Director	$0	$0	$0
DAN JACKSON	TRUSTEE	2.00	Officer Director	$0	$0	$0
ERIK BREKKE	TRUSTEE	2.00	Officer Director	$0	$0	$0
JOEL HOFFMAN	TRUSTEE	2.00	Officer Director	$0	$0	$0
TERRY JONES	FINANCIAL SECRETARY	2.00	Officer Director	$4,575	$0	$4,575
HEATHER DICK	RECORDING SECRETARY	2.00	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
2021	$149,622	$7,761	$406,651	$141,861
2020	$9,837	$4,187	$309,984	$5,650
2019	$10,662	$3,917	$259,332	$6,745
2018	$-23,740	$6,604	$252,587	$-30,344

FARGO MOORHEAD LABOR TEMPLE ASSOC