GND DEVELOPMENT ALLIANCE (EIN 465272750) - Form 990 Financial Analysis & Trantor Score

🔒

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

2013

Legal Domicile

Principal Officer

MARK BOBEN

Phone

2183551349

Tax Period

2024-07-01 to 2025-06-30

GND DEVELOPMENT ALLIANCE, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $255K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $72K, a strong 28% operating margin.

Mission

THE GND DEVELOPMENT ALLIANCE WAS ORGANIZED TO REVITALIZE AND TRANSFORM THE GND RECREATION AREA. THE PROJECT AREA IS LOCATED ADJACENT TO STOWE ELEMENTARY SCHOOL AND IN THE MIDDLE OF THE ST. LOUIS RIVER CORRIDOR IN DULUTH, MN.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $251,852

Program Service Revenue $0

Investment Income $2,530

Other Revenue $760

TOTAL REVENUE $255,142

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,265

Program Expenses $156,595

Other Expenses $183,574

TOTAL EXPENSES $183,574

Year-over-Year Comparison

	2024	2023	Change
Revenue	$255,142	$231,557	+0.1%
Expenses	$183,574	$398,226	-0.5%
Net Income	$71,568	$-166,669	-1.4%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTEN HALLER	BOARD MEMBER	3.00	Director	$0	$0	$0
DALE LEWIS	BOARD MEMBER	1.00	Director	$0	$0	$0
WYATT LINDBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
FRAN MORRIS	BOARD MEMBER	5.00	Director	$0	$0	$0
JACK RENDULICH	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRIS SKULL	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE TUSKEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK BOBEN	PRESIDENT /	10.00	Officer	$0	$0	$0
GARY BUBALO	SR VICE PRES	1.00	Officer	$0	$0	$0
BARB BUCAR	VICE PRESIDE	3.00	Officer	$0	$0	$0
ROBERT ESPENSON	SECRETARY	3.00	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
2025	$255,142	$183,574	$177,136	$71,568
2024	$231,557	$398,226	$204,317	$-166,669
2023	$251,334	$168,027	$370,986	$83,307
2022	$229,415	$94,804	$287,679	$134,611
2021	$181,206	$121,792	$153,068	$59,414
2020	$155,386	$211,204	$93,654	$-55,818
2019	$243,822	$193,543	$149,472	$50,279

GND DEVELOPMENT ALLIANCE