GREATER GRAND FORKS SENIOR CITIZENS ASSOCIATION (EIN 450311269) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

COLETTE ISEMINGER

Phone

7017727245

Tax Period

2024-01-01 to 2024-12-31

GREATER GRAND FORKS SENIOR CITIZENS ASSOCIATION, founded in 1970, is a community nonprofit in the Human Services sector that reported $5.2M in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 36% operating margin.

Mission

PROVIDING OPPORTUNITIES FOR OLDER ADULTS TO LIVE TO THEIR FULL POTENTIAL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,008,371

Program Service Revenue $1,147,187

Investment Income $35,834

Other Revenue $27,187

TOTAL REVENUE $5,218,579

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,558,622

Fundraising Expenses $98,930

Program Expenses $2,597,441

Other Expenses $1,780,336

TOTAL EXPENSES $3,338,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,218,579	$3,264,160	+0.6%
Expenses	$3,338,958	$3,067,427	+0.1%
Net Income	$1,879,621	$196,733	+8.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

250

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

$176,617

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL VENACCIO	DIRECTOR	0.50	Director	$0	$0	$0
CURT SANDBERG	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT ROST	DIRECTOR	0.50	Director	$0	$0	$0
ALICE MATTERN	DIRECTOR	0.50	Director	$0	$0	$0
ALICE HOFFERT	PRESIDENT	1.00	Officer Director	$0	$0	$0
BOBBIE KURTYKA	DIRECTOR	0.50	Director	$0	$0	$0
JASON MCCARTHY	DIRECTOR	0.50	Director	$0	$0	$0
DAVE WILLPRECHT	DIRECTOR	0.50	Director	$0	$0	$0
BRAD WESTRUM	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BRENDA JOBE	TREASURER	1.00	Officer Director	$0	$0	$0
KARISE GOETZ	SECRETARY	1.00	Director	$0	$0	$0
AMY ENGET	DIRECTOR	0.50	Director	$0	$0	$0
KATHY SNIDER	DIRECTOR	0.50	Director	$0	$0	$0
ROGER JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
CAROL SNORTLAND	DIRECTOR	0.50	Director	$0	$0	$0
COLETTE ISEMINGER	EXECUTIVE DIRECTOR	40.00	Officer	$166,946	$9,671	$176,617

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	$5,218,579	$3,338,958	$3,511,480	$1,879,621
2023	$3,264,160	$3,067,427	$1,744,108	$196,733
2022	$3,090,281	$3,150,604	$1,643,747	$-60,323
2021	$2,795,276	$2,985,206	$1,105,789	$-189,930
2020	$2,738,367	$2,247,415	$1,443,001	$490,952
2019	$2,379,728	$2,268,903	$1,103,074	$110,825
2018	$2,164,855	$2,133,727	$1,162,193	$31,128

GREATER GRAND FORKS SENIOR CITIZENS ASSOCIATION