FIRST NATIONS COMMUNITY FINANCIAL

EIN: 453971533 501(c)(3) Community Improvement

BLACK RIVER FALLS, WI

Total Revenue
$2,376,391
Total Expenses
$1,080,592
Total Assets
$4,228,943
Net Assets
$2,800,766
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
WI
Principal Officer
BECKY ALBERT-BREED
Phone
7152842470
Tax Period
2024-07-01 to 2025-06-30

FIRST NATIONS COMMUNITY FINANCIAL, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 55% operating margin.

Mission

OUR MISSION IS TO DELIVER EXEMPLARY SERVICES BY PROVIDING FINANCIAL EDUCATION, TRAINING, AND ACCESS TO CAPITAL TO SUPPORT SUSTAINABLE BUSINESS AND COMMUNITY DEVELOPMENT WHILE IMPROVING THE QUALITY OF LIFE WITHIN OUR COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $714,857 Revenue: $2,141,345

DURING THE FISCAL YEAR, THE ORGANIZATION DEMONSTRATED SIGNIFICANT PROGRESS IN ADVANCING ITS MISSION THROUGH VARIOUS PROGRAMS AND INITIATIVES: COMMUNITY ENGAGEMENT AND EDUCATION: HOSTED MULTIPLE...

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DURING THE FISCAL YEAR, THE ORGANIZATION DEMONSTRATED SIGNIFICANT PROGRESS IN ADVANCING ITS MISSION THROUGH VARIOUS PROGRAMS AND INITIATIVES: COMMUNITY ENGAGEMENT AND EDUCATION: HOSTED MULTIPLE FAMILY EVENTS AND EDUCATIONAL WORKSHOPS, INCLUDING BUSINESS PLAN DEVELOPMENT AND HOUSING CLASSES, WHICH COLLECTIVELY ATTRACTED OVER 100 PARTICIPANTS. THESE EFFORTS PROVIDED CRITICAL RESOURCES AND SUPPORT FOR COMMUNITY MEMBERS PURSUING HOMEOWNERSHIP AND BUSINESS DEVELOPMENT. SUPPORT FOR NATIVE ENTREPRENEURS: FACILITATED THE WOORUWI BUSINESS PROGRAM, DELIVERING SPECIALIZED TRAINING AND TECHNICAL ASSISTANCE TO EMERGING NATIVE ENTREPRENEURS. THIS INCLUDED INDIANPRENEURSHIP CLASSES AND BUSINESS PLAN WORKSHOPS, ATTENDED BY DOZENS OF INDIVIDUALS SEEKING TO LAUNCH OR GROW THEIR BUSINESSES. SEVERAL BUSINESS LOANS, INCLUDING POTENTIAL FORGIVENESS OPTIONS, WERE APPROVED TO SUPPORT LOCAL ENTERPRISES. EXPANDED HOUSING COUNSELING SERVICES: ACHIEVED CERTIFICATION AS A HUD-APPROVED COUNSELING ORGANIZATION, ENABLING THE ORGANIZATION TO PROVIDE ENHANCED HOUSING COUNSELING SERVICES. STAFF MEMBERS COMPLETED HUD CERTIFICATIONS, DEVELOPED COUNSELING WORK PLANS, AND SUBMITTED APPLICATIONS TO FURTHER THE PROGRAMS REACH. ECONOMIC DEVELOPMENT INITIATIVES: SUPPORTED ECONOMIC GROWTH BY ASSISTING BUSINESS CLIENTS IN SECURING FUNDING AND PREPARING FOR LOAN READINESS. DEVELOPED LOAN FORGIVENESS GUIDELINES, IMPLEMENTED NEW OPERATIONAL SYSTEMS, AND PROVIDED OUTREACH SERVICES TO OVER 40 PROSPECTIVE CLIENTS. GRANT AND FUNDING ACHIEVEMENTS: SECURED SUBSTANTIAL FUNDING FROM FEDERAL AND STATE SOURCES, INCLUDING OVER 3 MILLION IN BUSINESS INVESTMENT AND ASSISTANCE GRANTS. THESE FUNDS HAVE BEEN INSTRUMENTAL IN EXPANDING PROGRAM OFFERINGS AND ENHANCING ORGANIZATIONAL SUSTAINABILITY. TEAM DEVELOPMENT AND ORGANIZATIONAL PROGRESS: ONBOARDED KEY STAFF MEMBERS TO STRENGTHEN THE ORGANIZATIONS CAPACITY, INCLUDING NEW ROLES IN DEVELOPMENT AND GRANT MANAGEMENT. CONDUCTED A TEAM RETREAT TO FOSTER COLLABORATION AND STRATEGIC PLANNING, RESULTING IN THE FINALIZATION OF A COMPREHENSIVE STRATEGIC PLAN FOR 2023-2025. OUTREACH AND COMMUNITY PARTNERSHIPS: COLLABORATED WITH TRIBAL AND REGIONAL ORGANIZATIONS TO ENHANCE SERVICE DELIVERY FOR NATIVE BUSINESSES. PRESENTED AT INDUSTRY EVENTS, CULTIVATED REFERRAL PARTNERSHIPS, AND DEVELOPED A ROBUST CURRICULUM FOR SMALL BUSINESS EDUCATION. OPERATIONAL IMPROVEMENTS: INVESTED IN TECHNOLOGY AND INFRASTRUCTURE TO INCREASE EFFICIENCY, INCLUDING IT ASSESSMENTS AND ENHANCED PROJECT MANAGEMENT TOOLS. ESTABLISHED A NEW CONFERENCE AND EDUCATION SPACE TO BETTER SERVE PROGRAM PARTICIPANTS. FUNDRAISING SUCCESS: HOSTED A HIGHLY SUCCESSFUL FUNDRAISING EVENT, RAISING SIGNIFICANT RESOURCES TO SUPPORT THE ORGANIZATION'S PROGRAMS WHILE ENGAGING THE COMMUNITY IN MEANINGFUL WAYS. THROUGH THESE ACCOMPLISHMENTS, THE ORGANIZATION HAS MADE MEASURABLE IMPACTS IN AREAS OF HOUSING STABILITY, ECONOMIC EMPOWERMENT, AND COMMUNITY DEVELOPMENT, FURTHERING ITS COMMITMENT TO IMPROVING THE LIVES OF THOSE IT SERVES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,166,978
Program Service Revenue $209,413
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,376,391

Expense Breakdown

Grants Paid $0
Salaries & Benefits $473,217
Fundraising Expenses $0
Program Expenses $714,857
Other Expenses $607,375
TOTAL EXPENSES $1,080,592

Year-over-Year Comparison

2024 2023 Change
Revenue $2,376,391 $1,139,753 +1.1%
Expenses $1,080,592 $1,080,882 0.0%
Net Income $1,295,799 $58,871 +21.0%
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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Governance

Voting Members
6
Independent Members
6
Employees
11
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
3
$131,237
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN PULMACHER CHAIRPERSON 1.00
Officer Director
$0 $0 $0
FERN ORIE VICE-CHAIRPE 1.00
Director
$0 $0 $0
HINU SMITH SECRETARY 1.00
Officer Director
$0 $0 $0
KEITH DOXTATOR TREASURER 1.00
Director
$0 $0 $0
ISIAH NESS DIRECTOR 1.00
Director
$0 $0 $0
KATE FINN DIRECTOR 1.00
Director
$0 $0 $0
BECKY ALBERT-BREED EXECUTIVE DI 40.00
Officer
$131,237 $0 $131,237
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
2025 $2,376,391 $1,080,592 $4,228,943 $1,295,799
2024 $1,139,753 $1,080,882 $3,100,258 $58,871
2023 $775,165 $1,474,231 $3,053,818 $-699,066
2022 $832,704 $671,820 $3,336,971 $160,884
2021 $836,560 $762,079 $3,273,383 $74,481
2020 $550,603 $522,886 $3,000,676 $27,717
2019 $701,273 $440,612 $2,910,864 $260,661
2018 $384,044 $305,160 $1,684,847 $78,884
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