FM Raise Your Spirits Inc

EIN: 821642383 501(c)(3) Community Improvement

West Fargo, ND

Total Revenue
$64,046
Total Expenses
$33,371
Total Assets
$47,433
Net Assets
$47,433
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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

Legal Domicile
ND
Principal Officer
BOB STROMBERG
Phone
7013062224
Tax Period
2021-01-01 to 2021-12-31

FM Raise Your Spirits Inc is a micro nonprofit in the Community Improvement sector that reported $64K in total revenue in fiscal year 2021. The organization ran a surplus of $31K, a strong 48% operating margin.

Mission

purpose and core principle is to raise awareness and revenue for nonp

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $64,046
TOTAL REVENUE $64,046

Expense Breakdown

Grants Paid $33,361
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $33,361
Other Expenses $10
TOTAL EXPENSES $33,371

Year-over-Year Comparison

2021 2020 Change
Revenue $64,046 N/A N/A
Expenses $33,371 N/A N/A
Net Income $30,675 N/A 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
N/A
Independent Members
N/A
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB STROMBERG Chairman 10.00
Officer
$0 $0 $0
DAVE AKKERMAN Director 2.000
Director
$0 $0 $0
SHAWN HAGEN Director 2.000
Director
$0 $0 $0
JAMES PARSON Director 2.000
Director
$0 $0 $0
KEITH HOLLAND Director 2.000
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
2021 $64,046 $33,371 $47,433 $30,675
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