GREATER WHITE BEAR LAKE COMMUNITY FOUNDATION (EIN 473487091) - 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

2015

Legal Domicile

Principal Officer

DAVE SWANSON

Phone

6514085412

Tax Period

2025-01-01 to 2025-12-31

GREATER WHITE BEAR LAKE COMMUNITY FOUNDATION, founded in 2015, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $74K in total revenue in fiscal year 2025. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $5.0M exceeded revenue, resulting in a 6692% operating deficit.

Mission

THE MISSION OF THE GREATER WHITE BEAR LAKE COMMUNITY FOUNDATION IS TO INSPIRE PHILANTHROPY AND ENRICH THE LIVES OF PEOPLE WHO LIVE IN THE COMMUNITIES THAT SHARE THE SHORES OF WHITE BEAR LAKE.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $20,420

Program Service Revenue $21,800

Investment Income $31,311

Other Revenue $0

TOTAL REVENUE $73,531

Expense Breakdown

Grants Paid $4,969,062

Salaries & Benefits $0

Fundraising Expenses $2,058

Program Expenses $4,974,494

Other Expenses $25,498

TOTAL EXPENSES $4,994,560

Year-over-Year Comparison

	2025	2024	Change
Revenue	$73,531	$1,290,097	-0.9%
Expenses	$4,994,560	$439,305	+10.4%
Net Income	$-4,921,029	$850,792	-6.8%

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

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
KEVIN HINIKER	CHAIR	5.00	Officer Director	$0	$0	$0
CATHY WEYERHAEUSER	VICE-CHAIR	5.00	Officer Director	$0	$0	$0
LISA HINIKER POCRNICH	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVE SWANSON	TREASURER	6.00	Officer Director	$0	$0	$0
BEV DRISCOLL	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIAM FOUSSARD	BOARD MEMBER	2.00	Director	$0	$0	$0
KATHY MADORE	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK SATHER	BOARD MEMBER	5.00	Director	$0	$0	$0
LAURA WHITNEY	BOARD MEMBER	2.00	Director	$0	$0	$0
TIM TORGERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK DUEA	BOARD MEMBER	2.00	Director	$0	$0	$0
ADAM FISCHER	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLIE ANDERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN DONOVAN	BOARD MEMBER	2.00	Director	$0	$0	$0
PHOEBE LEONARD	BOARD MEMBER	2.00	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	$73,531	$4,994,560	$26,355	$-4,921,029
2024	$1,290,097	$439,305	$5,150,898	$850,792
2023	$490,957	$457,191	$4,581,755	$33,766
2022	$604,123	$306,871	$4,145,334	$297,252
2021	$1,006,965	$797,972	$4,420,146	$208,993
2020	$1,207,495	$830,134	$3,978,483	$377,361
2019	$3,020,119	$658,394	$3,415,261	$2,361,725
2018	$86,936	$208,645	$888,840	$-121,709

GREATER WHITE BEAR LAKE COMMUNITY FOUNDATION