PRAIRIE RIDGE FOUNDATION INC

🔒

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

2011

Legal Domicile

Principal Officer

CAMIE PATTERSON

Phone

2186857300

Tax Period

2020-10-01 to 2021-09-30

PRAIRIE RIDGE FOUNDATION INC, founded in 2011, is a micro nonprofit in the Health Care sector that reported $55K in total revenue in fiscal year 2020. Revenue decreased 9% compared to the prior year. Expenses of $52K left a modest 6% surplus.

Mission

IT IS THE MISSION OF PRAIRIE RIDGE FOUNDATION TO PARTNER WITH AND SUPPORT PRAIRIE RIDGE HOSPITAL AND HEALTH SERVICES IN ITS MISSION OF SERVING THE HEALTHCARE NEEDS OF THE PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $17,741 Revenue: $0

IN 2013, THE PRAIRIE RIDGE FOUNDATION (PRF) STARTED THE PROCESS OF FUNDRAISING WITH THE GOAL OF PARTNERING WITH AND SUPPORTING PRAIRIE RIDGE HOSPITAL AND HEALTH SERVICES (PRHHS) IN ITS MISSION OF...

IN 2013, THE PRAIRIE RIDGE FOUNDATION (PRF) STARTED THE PROCESS OF FUNDRAISING WITH THE GOAL OF PARTNERING WITH AND SUPPORTING PRAIRIE RIDGE HOSPITAL AND HEALTH SERVICES (PRHHS) IN ITS MISSION OF "SERVING THE HEALTHCARE NEEDS OF THE PEOPLE." THIS FUNDRAISING WAS DONE THROUGH AN EMPLOYEE CAMPAIGN AS WELL AS A PUBLIC CAMPAIGN.

Program 2

Expenses: $30,473 Revenue: $43,855

IN 2014, PRF CREATED A DISREGARDED ENTITY, PRAIRIE RIDGE FITNESS, LLC, TO OWN AND OPERATE A COMMUNITY FITNESS CENTER. PRAIRIE RIDGE FITNESS STARTED OPERATIONS IN 2015. PRAIRIE RIDGE FITNESS IS THE...

IN 2014, PRF CREATED A DISREGARDED ENTITY, PRAIRIE RIDGE FITNESS, LLC, TO OWN AND OPERATE A COMMUNITY FITNESS CENTER. PRAIRIE RIDGE FITNESS STARTED OPERATIONS IN 2015. PRAIRIE RIDGE FITNESS IS THE ONLY FITNESS CENTER AVAILABLE IN ELBOW LAKE, MN. THROUGH THE CHNA CONDUCTED BY PRHHS, A FITNESS CENTER WAS AN IDENTIFIED COMMUNITY NEED. PRAIRIE RIDGE FITNESS OFFERS CARDIO, STRENGTH TRAINING, CLASSES, PERSONAL TRAINING, AND IS OPEN 24/7. WE OFFER A VARIETY OF CLASSES TO FIT THE NEEDS OF EVERYONE FROM BEGINNERS TO ADVANCED AND FROM THE YOUNG TO SENIORS. PRAIRIE RIDGE FITNESS WORKS WITH MANY INSURANCE COMPANIES AND PARTICIPATES IN THEIR DISCOUNT PROGRAMS. WE WORK WITH PUBLIC HEALTH AND THE ASSISTANCE PROGRAMS FOR THOSE WHO MAY NOT AFFORD IT. WE ALSO WORK WITH THE DIABETIC AND PHYSICAL THERAPY PROGRAMS AT PRHHS TO ENSURE THESE PATIENTS CAN ACCESS THE FITNESS CENTER.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $6,021

Program Service Revenue $43,855

Investment Income $0

Other Revenue $5,114

TOTAL REVENUE $54,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,170

Fundraising Expenses $0

Program Expenses $48,214

Other Expenses $31,609

TOTAL EXPENSES $51,779

Year-over-Year Comparison

	2020	2019	Change
Revenue	$54,990	$60,509	-0.1%
Expenses	$51,779	$74,362	-0.3%
Net Income	$3,211	$-13,853	-1.2%

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

N/A

Volunteers

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

$1,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT SWENSON	DIRECTOR/CHAIR	0.20	Director	$0	$0	$0
GENE WENSTROM	DIRECTOR/VICE CHAIR	0.20	Director	$0	$0	$660
JEFF DREIER	DIRECTOR/SECRETARY/TREASURER	0.20	Director	$0	$0	$660
LARRY RAPP	DIRECTOR	0.20	Director	$0	$0	$0
LARRY GOETZINGER	DIRECTOR	0.20	Director	$0	$0	$0
KENDRA BRUTLAG	DIRECTOR	0.20	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	$54,990	$51,779	$246,514	$3,211
2020	$60,509	$74,362	$262,323	$-13,853
2019	$82,722	$89,521	$272,713	$-6,799
2018	$165,337	$106,658	$378,030	$58,679