WRIGHT COUNTY REGIONAL INSPECTION COALITION

EIN: 824835454 501(c)(3)

ANNANDALE, MN

Total Revenue
$-31,427
Total Expenses
$80,575
Total Assets
N/A
Net Assets
N/A
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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
2018
Legal Domicile
MN
Principal Officer
CHRIS HECTOR
Phone
9522398103
Tax Period
2020-01-01 to 2020-12-31

WRIGHT COUNTY REGIONAL INSPECTION COALITION, founded in 2018, is a micro nonprofit that reported $31K in total revenue in fiscal year 2020. Revenue fell 113% from the prior year — a significant decline worth monitoring.

Mission

SEE PAGE 2, PART III, LINE 1

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-31,541
Other Revenue $114
TOTAL REVENUE $-31,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,931
Other Expenses $80,575
TOTAL EXPENSES $80,575

Year-over-Year Comparison

2020 2019 Change
Revenue $-31,427 $239,402 -1.1%
Expenses $80,575 $127,400 -0.4%
Net Income $-112,002 $112,002 -2.0%
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
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BLAINE BARKLEY VICE PRESIDE N/A
Officer
$0 $0 $0
DOUG FLATZ TREASURER N/A
Officer
$0 $0 $0
CHRIS HECTOR PRESIDENT N/A
Officer
$0 $0 $0
KATHY JONSRUD SECRETARY N/A
Officer
$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
2020 $-31,427 $80,575 No data $-112,002
2019 $239,402 $127,400 $112,002 $112,002
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