SCANDINAVIAN CULTURAL FOUNDATION O… - Form 990 Financial Data

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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

1961

Legal Domicile

Phone

5419983981

Tax Period

2024-01-01 to 2024-09-30

SCANDINAVIAN CULTURAL FOUNDATION OF JUNCTION CITY, founded in 1961, is a small nonprofit in the Arts, Culture & Humanities sector that reported $183K in total revenue in fiscal year 2024. The organization ran a surplus of $89K, a strong 48% operating margin.

Mission

TO EDUCATE THE PUBLIC ABOUT SCANDINAVIAN COUNTRIES, THEIR CULTURE.IT HAS A FESTIVAL EVERY YEAR FOR THE COMMUNITY. FESTIVAL STARTED IN 1961. IT PROVIDES MUSIC, DANCING, AND OTHER ACTIVITIES FOR THE FESTIVAL AND VENDORS SETUP THEIR BOOTHS AND PAYS A FEE TO THE FESTIVAL.

Program Service Accomplishments

Program 1

Expenses: $94,353 Revenue: $182,855

TO EDUCATE THE PUBLIC ABOUT SCANDINAVIAN COUNTRIES, THEIR CULTURE. THE ORGANIZATION HAS A FESTIVAL EVERY YEAR FOR THE COMMUNITY AND THE STATE OF OREGON. FESTIVAL STARTED IN 1961. IT PROVIDES MUSIC...

TO EDUCATE THE PUBLIC ABOUT SCANDINAVIAN COUNTRIES, THEIR CULTURE. THE ORGANIZATION HAS A FESTIVAL EVERY YEAR FOR THE COMMUNITY AND THE STATE OF OREGON. FESTIVAL STARTED IN 1961. IT PROVIDES MUSIC, DANCING, AND OTHER ACTIVITIES FOR THE FESTIVAL AND VENDORS SETUP THEIR BOOTHS AND PAYS A FEE TO THE FESTIVAL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,185

Program Service Revenue $173,634

Investment Income $36

Other Revenue $0

TOTAL REVENUE $182,855

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $94,353

Other Expenses $94,353

TOTAL EXPENSES $94,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$182,855	N/A	N/A
Expenses	$94,353	N/A	N/A
Net Income	$88,502	N/A	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ROD LEMHOUSE	PRESIDENT	Officer	$0	$0	$0
JEREMY T HAWKINS	TREASURER	Officer	$0	$0	$0
MICHAEL WHITE	SECRETARY	Officer	$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	$182,855	$94,353	$863,913	$88,502

SCANDINAVIAN CULTURAL FOUNDATION OF JUNCTION CITY