Big Lakes Foundation Inc (EIN 481134341) - 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

1992

Legal Domicile

Principal Officer

Elizabeth G Holle

Phone

7857769201

Tax Period

2025-01-01 to 2025-12-31

Big Lakes Foundation Inc, founded in 1992, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $941K, a strong 68% operating margin.

Mission

Big Lakes Foundation Inc.s mission is to serve as the fundraising organization for Big Lakes Developmental Center Inc. and support its mission of service for people with intellectual or developmental disabilities.

🔒

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 $810,078

Program Service Revenue $0

Investment Income $578,406

Other Revenue $0

TOTAL REVENUE $1,388,484

Expense Breakdown

Grants Paid $345,000

Salaries & Benefits $0

Fundraising Expenses $41,935

Program Expenses $345,000

Other Expenses $66,884

TOTAL EXPENSES $447,884

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,388,484	$1,163,324	+0.2%
Expenses	$447,884	$965,880	-0.5%
Net Income	$940,600	$197,444	+3.8%

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

$560,960

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lori B Feldkamp	President	2.00	Key Emp	$0	$29,489	$243,009
Phillip K Korenek	Chief Financial Officer	2.00	Key Emp	$0	$18,092	$157,360
Tom Carlin	Member	0.00	Director	$0	$0	$0
Shon Robben	Vice Chairperson	0.00	Officer	$0	$0	$0
Patrick Schaub	Member	0.00	Director	$0	$0	$0
M Jeff Oliphant	Chairperson	0.00	Officer	$0	$0	$0
Gregg Masterson	Secretary Treasurer	0.00	Officer	$0	$0	$0
Gary Hellebust	Member	0.00	Director	$0	$0	$0
Elizabeth G Holle	President	2.00	Key Emp	$0	$9,090	$160,591

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	$1,388,484	$447,884	$5,132,866	$940,600
2024	$1,163,324	$965,880	$4,192,266	$197,444
2023	$1,261,038	$760,309	$4,000,530	$500,729
2022	$191,298	$896,820	$3,495,160	$-705,522
2021	$1,008,371	$387,732	$4,490,782	$620,639
2020	$653,304	$226,723	$3,870,143	$426,581
2019	$1,534,711	$1,027,529	$3,444,878	$507,182
2018	$236,518	$60,959	$2,937,698	$175,559

Big Lakes Foundation Inc