FRONTIER FINANCIAL PARTNERS INC (EIN 480997376) - 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

1985

Legal Domicile

Principal Officer

WAYNE SYMMONDS

Phone

6203427041

Tax Period

2023-10-01 to 2024-09-30

FRONTIER FINANCIAL PARTNERS INC, founded in 1985, is a small nonprofit in the Community Improvement sector that reported $733K in total revenue in fiscal year 2023. Expenses of $679K left a modest 7% surplus.

Mission

TO FURTHER ECONOMIC DEVELOPMENT IN THE MIDWEST. TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN THE AREA. TO BENEFIT THE REGION BY INCREASING EMPLOYMENT, PAYROLL AND BUSINESS VOLUME.

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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 $636,816

Investment Income $96,632

Other Revenue $0

TOTAL REVENUE $733,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $442,265

Fundraising Expenses $0

Program Expenses $537,461

Other Expenses $236,473

TOTAL EXPENSES $678,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	$733,448	$740,189	0.0%
Expenses	$678,738	$707,023	0.0%
Net Income	$54,710	$33,166	+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

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

$222,032

Total Directors

$223,832

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LONNIE KING	CHAIRMAN	2.00	Officer Director	$300	$0	$300
KEN MORTENSEN	VICE CHAIRMAN	2.00	Officer Director	$300	$0	$300
DAVID THORNBURGH	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
JEFF CONNER	DIRECTOR	2.00	Director	$300	$0	$300
KEN BUCHELE	DIRECTOR	2.00	Director	$300	$0	$300
KIRK ENGLE	DIRECTOR	2.00	Director	$300	$0	$300
LYLE BUTLER	DIRECTOR	2.00	Director	$300	$0	$300
RON DICKEY	DIRECTOR	2.00	Director	$300	$0	$300
SCOTT SODERSTROM	DIRECTOR	2.00	Director	$300	$0	$300
WAYNE SYMMONDS	PRESIDENT	40.00	Officer Director	$217,179	$4,253	$221,432

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	No data	No data	No data	No data
2024	$733,448	$678,738	$1,978,721	$54,710
2023	$740,189	$707,023	$1,935,910	$33,166
2022	$668,462	$596,487	$2,116,575	$71,975
2021	$816,115	$747,364	$1,965,372	$68,751
2020	$841,223	$745,740	$1,856,416	$95,483
2019	$883,656	$771,422	$1,763,494	$112,234

FRONTIER FINANCIAL PARTNERS INC