WEBSTER ALUMNI FOUNDATION

EIN: 460458793 501(c)(3) Philanthropy & Grantmaking

WEBSTER, SD

Total Revenue
$141,388
Total Expenses
$64,991
Total Assets
$1,285,588
Net Assets
$1,285,588
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Principal Officer
VICKI BURY
Phone
6055900583
Tax Period
2023-01-01 to 2023-12-31

WEBSTER ALUMNI FOUNDATION is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.3M in total revenue in fiscal year 2019. The organization ran a surplus of $2.3M, a strong 96% operating margin.

Mission

PROVIDE SCHOLARSHIPS FOR STUDENTS OF THE WEBSTER AREA SCHOOL DISTRICT

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $670
Program Service Revenue $0
Investment Income $140,718
Other Revenue $0
TOTAL REVENUE $141,388

Expense Breakdown

Grants Paid $56,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $64,991
Other Expenses $8,991
TOTAL EXPENSES $64,991

Year-over-Year Comparison

2023 2022 Change
Revenue $141,388 $35,729 +3.0%
Expenses $64,991 $66,748 0.0%
Net Income $76,397 $-31,019 -3.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICKI BURY SECRETARY/TR N/A
Officer Director
$0 $0 $0
MIRANDA FOSHEIM DIRECTOR N/A
Director
$0 $0 $0
LYNN HANSEN DIRECTOR N/A
Director
$0 $0 $0
LANA HOLAND VICE PRESIDE N/A
Officer Director
$0 $0 $0
DAVE JESKE PRESIDENT N/A
Officer Director
$0 $0 $0
SANDY WAGNER DIRECTOR N/A
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 No data No data No data No data
2023 $141,388 $64,991 $1,285,588 $76,397
2022 $35,729 $66,748 $1,209,191 $-31,019
2020 $350,380 $140,265 $2,589,895 $210,115
2019 $2,349,338 $89,727 $2,379,780 $2,259,611
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