MINNEWASKA LAKER FOUNDATION (EIN 711041194) - 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

2007

Legal Domicile

Principal Officer

BILL MILLS

Phone

3202198281

Tax Period

2023-07-01 to 2024-06-30

MINNEWASKA LAKER FOUNDATION, founded in 2007, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 1565% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 98% operating margin.

Mission

To support, aid, promote, enhance and improve the activities programs (including athletics, fine arts, music and academic activities) of the Minnewaska Area School District # 2149 in Pope County, Minnesota. To enhance and secure student opportunities to participate in activities and to strengthen the relationship that exists between the school district, it's alumni and the communities that it serves, including Glenwood, Lowry, Starbuck, Sedan and Villard. To strengthen the educational system of the school district.

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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 $2,241,746

Program Service Revenue $0

Investment Income $54,778

Other Revenue $23,475

TOTAL REVENUE $2,319,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,128

Other Expenses $41,760

TOTAL EXPENSES $41,760

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,319,999	$139,351	+15.6%
Expenses	$41,760	$41,226	+0.0%
Net Income	$2,278,239	$98,125	+22.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARNA PETERS	Director	2.00	Director	$0	$0	$0
RICK EKSTRAND	Past President	2.00	Director	$0	$0	$0
DONNA BRAATEN	Director	2.00	Director	$0	$0	$0
BRIANNA ZUBER BECKWITH	Director	2.00	Director	$0	$0	$0
CHAD BARSNESS	Director	2.00	Director	$0	$0	$0
BRIDGET GALLAGHER	Director	2.00	Director	$0	$0	$0
NEIL NELSON	Director	2.00	Director	$0	$0	$0
CHRIS BENNES	Director	2.00	Director	$0	$0	$0
BREANNA SHERLIN	Secretary	8.00	Officer Director	$0	$0	$0
SHEILA PFENINGER	Director	8.00	Officer Director	$0	$0	$0
KESHIA SOLEM	Director	2.00	Director	$0	$0	$0
JENNIFER ERICKSON	Director	2.00	Director	$0	$0	$0
BILL MILLS	President	8.00	Officer Director	$0	$0	$0
GREG UHDE	Vice President	8.00	Officer Director	$0	$0	$0
HEIDI POLZIN	Director	2.00	Director	$0	$0	$0
KARNA PALMER	Director	2.00	Director	$0	$0	$0
ZACH LAGRED	Director	2.00	Director	$0	$0	$0
MARNIE GUGISBERG	Treasurer	8.00	Officer 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	$2,319,999	$41,760	$2,828,139	$2,278,239
2023	$139,351	$41,226	$502,310	$98,125
2022	$376,896	$8,235	$432,683	$368,661

MINNEWASKA LAKER FOUNDATION