FarmHouse Fraternity ND Alumni Association (EIN 456038298) - Form 990 Financial Analysis & Trantor Score

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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

1956

Legal Domicile

Principal Officer

Tom McDougall

Phone

7012826459

Tax Period

2024-10-01 to 2025-09-30

FarmHouse Fraternity ND Alumni Association, founded in 1956, is a small nonprofit that reported $170K in total revenue in fiscal year 2024. Revenue surged 144% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 51% operating margin.

Mission

To provide housing to Farmhouse Fraternity

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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 $102,750

Program Service Revenue $67,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $169,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,582

Other Expenses $82,710

TOTAL EXPENSES $82,710

Year-over-Year Comparison

	2024	2023	Change
Revenue	$169,750	$69,580	+1.4%
Expenses	$82,710	$79,135	+0.0%
Net Income	$87,040	$-9,555	-10.1%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Lahlum	President	1.00	Officer Director	$0	$0	$0
Greg Mostad	Secretary	1.00	Officer Director	$0	$0	$0
Tom McDougall	Treasurer	1.00	Officer Director	$0	$0	$0
Keith Hanson	Director	1.00	Director	$0	$0	$0
Kyle Faught	Director	1.00	Director	$0	$0	$0
Badger Koepplin	Director	1.00	Director	$0	$0	$0
Adam Hoffert	Director	1.00	Director	$0	$0	$0
John Rath	Director	1.00	Director	$0	$0	$0
Hal Ecker	Director	1.00	Director	$0	$0	$0
Zeko Aho	Director	0.00	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
2025	$169,750	$82,710	$1,178,693	$87,040
2024	$69,580	$79,135	$1,127,409	$-9,555
2023	$350,651	$101,235	$1,161,772	$249,416
2022	$72,096	$105,447	$953,432	$-33,351
2021	$74,122	$79,713	$1,026,054	$-5,591
2020	$59,000	$98,039	$1,069,191	$-39,039
2019	$28,000	$85,968	$1,144,128	$-57,968

FarmHouse Fraternity ND Alumni Association