Hunter Houle Memorial Foundation (EIN 821043483) - 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

2017

Legal Domicile

Principal Officer

Charlene D Houle

Phone

6129914920

Tax Period

2023-01-01 to 2023-12-31

Hunter Houle Memorial Foundation, founded in 2017, is a small nonprofit in the Education sector that reported $174K in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 36% operating margin.

Mission

Hunter Houle was an 18-year old snowmobile racer from Forest Lake, MN, who lost his life in a practice accident in January of 2017. The Hunter Houle Memorial Foundation is dedicated to helping those in need, the advancement of education, and engaging in other charitable purposes. The Foundation arose out of Hunter Houle's true love of racing and strong passion for helping others. Combining these passions, the Foundation strives to benefit the community and those in need.

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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 $35,322

Program Service Revenue $0

Investment Income $0

Other Revenue $138,245

TOTAL REVENUE $173,567

Expense Breakdown

Grants Paid $95,000

Salaries & Benefits $0

Fundraising Expenses $3,899

Program Expenses $104,159

Other Expenses $15,905

TOTAL EXPENSES $110,905

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,567	$100,722	+0.7%
Expenses	$110,905	$56,068	+1.0%
Net Income	$62,662	$44,654	+0.4%

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

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
Ryan Olson	Chair	2.00	Officer Director	$0	$0	$0
Jeremy L Houle	Vice Chair	2.00	Officer Director	$0	$0	$0
Jennifer Peterson	Secretary	1.00	Officer Director	$0	$0	$0
John Sandberg	Treasurer	1.00	Officer Director	$0	$0	$0
Dwight T Christian	Director	1.00	Director	$0	$0	$0
Miranda Clemens	Director	1.00	Director	$0	$0	$0
Larry Houle	Director	1.00	Director	$0	$0	$0
Lucas Houle	Director	1.00	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
2024	No data	No data	No data	No data
2023	$173,567	$110,905	$162,758	$62,662

Hunter Houle Memorial Foundation