LE MARS AREA BETTERMENT FOUNDATION (EIN 472335483) - 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

2014

Legal Domicile

Principal Officer

DUSTIN WRIGHT

Phone

7125463492

Tax Period

2025-01-01 to 2025-12-31

LE MARS AREA BETTERMENT FOUNDATION, founded in 2014, is a community nonprofit in the Community Improvement sector that reported $4.4M in total revenue in fiscal year 2025. Revenue surged 292232% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.2M, a strong 97% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS TO BE USED BY VARIOUS NOT FOR PROFIT ORGANIZATIONS WITHIN THE GREATER LE MARS AREA FOR IMPROVING THE QUALITY OF LIFE FOR CITIZENS OF THE AREA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $4,354,095

Program Service Revenue $0

Investment Income $1,648

Other Revenue $0

TOTAL REVENUE $4,355,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $124,609

TOTAL EXPENSES $124,609

Year-over-Year Comparison

	2025	2024	Change
Revenue	$4,355,743	$1,490	+2922.3%
Expenses	$124,609	$261,744	-0.5%
Net Income	$4,231,134	$-260,254	-17.3%

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

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
ANGIE ERDMANN	DIRECTOR	1.00	Director	$0	$0	$0
JIM KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA KNEIP	TREASURER	1.00	Officer Director	$0	$0	$0
JEFF KRAMER	DIRECTOR	1.00	Director	$0	$0	$0
MARK NUEBEL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN REXWINKEL	SECRETARY	1.00	Officer Director	$0	$0	$0
TAMMY SUDTELGTE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MIKE WELLS	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN WRIGHT	PRESIDENT	1.00	Officer 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	$4,355,743	$124,609	$4,560,121	$4,231,134
2024	$1,490	$261,744	$325,631	$-260,254
2023	$56,017	$1,193,519	$585,885	$-1,137,502
2022	$8,004	$8,277	$1,723,387	$-273
2021	$3,727	$103,972	$1,723,660	$-100,245
2020	$1,535	$984,912	$1,823,905	$-983,377
2019	$4,923	$626,839	$2,807,282	$-621,916
2018	$29,103	$543,631	$3,429,198	$-514,528

LE MARS AREA BETTERMENT FOUNDATION