WINDOM EDUCATIONAL HONOR LOANS INC

EIN: 471717715 501(c)(3) Philanthropy & Grantmaking

WINDOM, MN

Total Revenue
$31,289
Total Expenses
$9,002
Total Assets
$289,273
Net Assets
$289,273
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MN
Principal Officer
DENNIS JOHNSON
Phone
5078221521
Tax Period
2023-01-01 to 2023-12-31

WINDOM EDUCATIONAL HONOR LOANS INC, founded in 2014, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $31K in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 71% operating margin.

Mission

THE SPECIFIC PURPOSE OF THIS CORPORATION SHALL BE TO PROVIDE ACADEMIC SCHOLARSHIPS TO QUALIFIED GRADUATES OF WINDOM AREA HIGH SCHOOL.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $23,095
Program Service Revenue $0
Investment Income $8,546
Other Revenue $-352
TOTAL REVENUE $31,289

Expense Breakdown

Grants Paid $8,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,002
Other Expenses $1,002
TOTAL EXPENSES $9,002

Year-over-Year Comparison

2023 2022 Change
Revenue $31,289 $18,757 +0.7%
Expenses $9,002 $9,374 0.0%
Net Income $22,287 $9,383 +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

Sign In

Governance

Voting Members
3
Independent Members
3
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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER SQUIRES COMMITTEE CHAIR 001.00
Director
$0 $0 $0
DENNIS JOHNSON PRESIDENT 002.00
Officer
$0 $0 $0
BRENDA PIGMAN SECRETARY 002.00
Officer
$0 $0 $0
PEGGY PFEFFER VICE PRESIDENT/TREASURER 002.00
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
2024 No data No data No data No data
2023 $31,289 $9,002 $289,273 $22,287
2022 $18,757 $9,374 $285,374 $9,383
2021 $43,478 $24,109 $317,323 $19,369
2020 $17,268 $8,527 $304,961 $8,741
2019 $14,768 $20,742 $303,399 $-5,974
2018 $19,644 $11,685 $301,620 $7,959
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WINDOM EDUCATIONAL HONOR LOANS INC with other nonprofits in Minnesota and across the country.