NoDak Foundation

🔒

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

1992

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

NoDak Foundation, founded in 1992, is a community nonprofit in the Recreation & Sports sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 86% operating margin.

Mission

Organizations mission or most significant activities include outdoor opportunities for youth, handicapped indivduals, and veterans. Lodging and activities are offered year round for anyone intersted to enjoy the outdoors. Activities include wildlife viewing,exploring nature&hunt

Program Service Accomplishments

Program 1

Expenses: $286,364

Goals of raising revenue were achieved and were used to assist the needy,the elderly,veterans and youth. Funds were also donated to many community projects. Improvements were made to the land program...

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $175,904

Investment Income $2,341

Other Revenue $1,809,042

TOTAL REVENUE $1,987,287

Expense Breakdown

Grants Paid $237,834

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $286,364

Other Expenses $50,253

TOTAL EXPENSES $288,087

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,987,287	$1,647,376	+0.2%
Expenses	$288,087	$523,134	-0.4%
Net Income	$1,699,200	$1,124,242	+0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Jeff Burns	Executive Officer	Director	$0	$0	$0
Gerald Klein	SecTreasurer	Officer Director	$0	$0	$0
Bernard Schumacher	President	Officer Director	$0	$0	$0
Ron Kovar	Vice President	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	$1,987,287	$288,087	$3,193,451	$1,699,200
2024	$1,987,287	$288,087	$3,193,451	$1,699,200
2023	$1,027,422	$523,134	$2,325,580	$504,288
2022	$778,066	$354,926	$2,017,266	$423,140
2021	$628,984	$282,537	$1,757,364	$346,447
2020	$758,290	$533,607	$1,432,023	$224,683
2019	$531,556	$463,665	$663,688	$67,891
2018	$527,829	$644,997	$594,502	$-117,168