WILLARD & ALPHA WIEGREFE FOUNDATION (EIN 474338915) - 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

2016

Legal Domicile

Principal Officer

HARLEY MEINERS

Phone

5074953321

Tax Period

2023-01-01 to 2023-12-31

WILLARD & ALPHA WIEGREFE FOUNDATION, founded in 2016, is a micro nonprofit in the Housing & Shelter sector that reported $77K in total revenue in fiscal year 2023. Expenses of $108K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING FOR SENIOR CITIZENS IN EITZEN, MINNESOTA AND THE SURROUNDING COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $69,750

Investment Income $7,545

Other Revenue $0

TOTAL REVENUE $77,295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,200

Fundraising Expenses $0

Program Expenses $102,832

Other Expenses $101,077

TOTAL EXPENSES $108,277

Year-over-Year Comparison

	2023	2022	Change
Revenue	$77,295	$73,077	+0.1%
Expenses	$108,277	$92,115	+0.2%
Net Income	$-30,982	$-19,038	+0.6%

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

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

$7,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARLEY MEINERS	PRESIDENT	002.00	Officer	$3,600	$0	$3,600
MITCHEL LUTTCHENS	TREASURER	001.00	Officer	$3,600	$0	$3,600
JAMES WILHELMSON	MEMBER	N/A	Director	$0	$0	$0
JOSEPH HAMMELL	VICE PRESIDENT	001.00	Officer	$0	$0	$0
ARNE BENEKE	SECRETARY	001.00	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	$77,295	$108,277	$1,555,611	$-30,982
2022	$73,077	$92,115	$1,586,593	$-19,038
2021	$66,090	$88,683	$1,605,631	$-22,593
2020	$61,821	$87,462	$1,628,224	$-25,641

WILLARD & ALPHA WIEGREFE FOUNDATION