FLAGS FOR FORT SNELLING

EIN: 812484978 501(c)(3) Public & Societal Benefit

BLAINE, MN

Total Revenue
$221,398
Total Expenses
$160,078
Total Assets
$80,990
Net Assets
$80,990
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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
MN
Principal Officer
JOANNE MALMSTEDT
Phone
6512743255
Tax Period
2018-01-01 to 2018-12-31

FLAGS FOR FORT SNELLING, founded in 2016, is a small nonprofit in the Public & Societal Benefit sector that reported $221K in total revenue in fiscal year 2018. The organization ran a surplus of $61K, a strong 28% operating margin.

Mission

TO CONTINUE THE TRADITION OF HONORING OUR VETERANS ON MEMORIAL DAY BY PLACING FLAGS AT THEIR HEADSTONES.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $221,371
Program Service Revenue $0
Investment Income $27
Other Revenue $0
TOTAL REVENUE $221,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $139,152
Other Expenses $160,078
TOTAL EXPENSES $160,078

Year-over-Year Comparison

2018 2017 Change
Revenue $221,398 N/A N/A
Expenses $160,078 N/A N/A
Net Income $61,320 $0 N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
6000

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOANNE MALMSTEDT PRESIDENT 5.00
Officer Director
$0 $0 $0
JENNIFER BORCHARDT VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
MACKENZIE ANDERSON TREASURER 5.00
Officer Director
$0 $0 $0
MATTHEW FOY TREASURER (PARTIAL YEAR) 5.00
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
2018 $221,398 $160,078 $80,990 $61,320
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