PRAIRIE AIR INC DBA WEFT RADIO

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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

1981

Legal Domicile

Principal Officer

VICKI NISWANDER

Phone

2173599338

Tax Period

2023-10-01 to 2024-09-30

PRAIRIE AIR INC DBA WEFT RADIO, founded in 1981, is a small nonprofit that reported $166K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $48K, a strong 29% operating margin.

Mission

PROVIDES MUSICAL, CULTURAL AND PUBLIC AFFAIRS PROGRAMMING FOR A DIVERSE COMMUNITY IN AN OPEN ACCESS MEDIA SETTING.

Program Service Accomplishments

Program 1

Expenses: $97,069 Revenue: $68,341

OFFERS MUSICAL, CULTURAL AND PUBLIC AFFAIRS PROGRAMMING REFLECTING THE DIVERSITY OF THE COMMUNITY IN AN OPEN ACCESS MEDIA SETTING.

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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 $69,759

Program Service Revenue $68,341

Investment Income $23,500

Other Revenue $4,434

TOTAL REVENUE $166,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,833

Fundraising Expenses $5,710

Program Expenses $97,069

Other Expenses $58,749

TOTAL EXPENSES $117,582

Year-over-Year Comparison

	2023	2022	Change
Revenue	$166,034	$145,255	+0.1%
Expenses	$117,582	$95,098	+0.2%
Net Income	$48,452	$50,157	0.0%

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

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
VICKI NISWANDER	CHAIR	30.00	Officer Director	$0	$0	$0
JIM EAGAN	DIRECTOR	5.00	Director	$0	$0	$0
BARB TRUMPINSKI-ROBERTS	SECRETARY	6.00	Officer Director	$0	$0	$0
MARK NISWANDER	TREASURER	20.00	Officer Director	$0	$0	$0
BOB PALECZNY	DIRECTOR	10.00	Director	$0	$0	$0
CRAIG KOSLOFSKY	DIRECTOR	5.00	Director	$0	$0	$0
AUDREY FISHER	VICE-CHAIR	6.00	Officer Director	$0	$0	$0
MITCH MARLOW	DIRECTOR	5.00	Director	$0	$0	$0
DONTE WINSLOW	DIRECTOR	4.00	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	No data	No data	No data	No data
2024	$166,034	$117,582	$396,322	$48,452
2023	$145,255	$95,098	$313,804	$50,157
2023	$117,137	$95,098	$313,804	$22,039
2022	$90,790	$74,696	$248,275	$16,094
2021	$112,540	$71,208	$247,737	$41,332
2020	$96,222	$80,492	$189,078	$15,730
2019	$98,547	$53,258	$153,464	$45,289