Bakken Oil Rush Watford City Outreach (EIN 814237880) - 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

2015

Legal Domicile

Principal Officer

Melanie Smith

Phone

7014442288

Tax Period

2024-01-01 to 2024-12-31

Bakken Oil Rush Watford City Outreach, founded in 2015, is a small nonprofit that reported $603K in total revenue in fiscal year 2024. The organization ran a surplus of $101K, a strong 17% operating margin.

Mission

BORM provides tangible materials through its thrift center, along with providing opportunities for meals, fellowship and encouragement to the vulnerable populations in Watford City and the surrounding area.

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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 (2024)

Revenue Breakdown

Contributions & Grants $617,860

Program Service Revenue $0

Investment Income $304

Other Revenue $-14,764

TOTAL REVENUE $603,400

Expense Breakdown

Grants Paid $35,813

Salaries & Benefits $352,167

Fundraising Expenses $0

Program Expenses $434,399

Other Expenses $114,225

TOTAL EXPENSES $502,205

Year-over-Year Comparison

	2024	2023	Change
Revenue	$603,400	$572,828	+0.1%
Expenses	$502,205	$487,893	+0.0%
Net Income	$101,195	$84,935	+0.2%

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

Volunteers

233

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

$72,541

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Honstein	President	1.00	Officer Director	$0	$0	$0
Bob Nelson	Vice President	1.00	Officer Director	$0	$0	$0
Laura Anderson	Secretary/Treasurer	1.00	Officer Director	$0	$0	$0
Jeffrey Kindel	Director	1.00	Director	$0	$0	$0
Karolin Jappe	Director	1.00	Director	$0	$0	$0
Michelle DeKoekkoek	Director	1.00	Director	$0	$0	$0
Patricia Thornock	Director until May 24	1.00	Director	$0	$0	$0
Albert Lautenscholager	Director from July 24	1.00	Director	$0	$0	$0
Mark Sovig	Director from July 24	1.00	Director	$0	$0	$0
Melanie Smith	Excutive Director	40.00	Officer	$72,541	$0	$72,541

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
2024	$603,400	$502,205	$629,335	$101,195
2023	$572,828	$487,893	$581,635	$84,935
2022	$391,215	$355,647	$511,954	$35,568
2021	$388,499	$321,825	$495,136	$66,674
2020	$260,520	$254,056	$447,185	$6,464
2019	$267,400	$233,819	$457,370	$33,581
2018	$252,533	$209,757	$475,081	$42,776

Bakken Oil Rush Watford City Outreach