LAKE MINNETONKA KLONDIKE DOG DERBY

EIN: 831115435 501(c)(3) Recreation & Sports

EXCELSIOR, MN

Total Revenue
$37,729
Total Expenses
$40,762
Total Assets
$121,975
Net Assets
$121,975
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MN
Principal Officer
TONY FERRARO
Phone
7636707269
Tax Period
2025-01-01 to 2025-12-31

LAKE MINNETONKA KLONDIKE DOG DERBY, founded in 2018, is a micro nonprofit in the Recreation & Sports sector that reported $38K in total revenue in fiscal year 2025. Net assets of $122K represent 39 months of operating reserves.

Mission

LAKE MINNETONKA KLONDIKE DOG DERBY'S MISSION IS TO PRESENT TO LOCAL COMMUNITIES AND TO THE MUSHING COMMUNITY A WORLD-CLASS SLED DOG RACE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $-10,358
Program Service Revenue $0
Investment Income $0
Other Revenue $48,087
TOTAL REVENUE $37,729

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $21,142
Other Expenses $40,762
TOTAL EXPENSES $40,762

Year-over-Year Comparison

2025 2024 Change
Revenue $37,729 $39,147 0.0%
Expenses $40,762 $30,234 +0.3%
Net Income $-3,033 $8,913 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
81

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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETHANY HWAY VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
BILL DAMBERG PRESIDENT 0.50
Officer Director
$0 $0 $0
TONY FERRARO TREASURER 0.50
Officer Director
$0 $0 $0
CARA OSTROM BRANDING & MARKETING 0.50
Director
$0 $0 $0
KATHY GULLICKSON DIRECTOR OF VOLUNTEERS 0.50
Director
$0 $0 $0
DR JACKIE PIEPKORN CHIEF VETERINARIAN 0.50
Director
$0 $0 $0
TOM RAMY DIRECTOR OF FUNDRAISING 0.50
Director
$0 $0 $0
AMY FLAKNE MUSHER REPRESENTATIVE 0.50
Director
$0 $0 $0
DALE KURSCHNER MEDIA REPRESENTATIVE 0.50
Director
$0 $0 $0
JOHN KLINKENBERG CO-DIRECTOR OF OPERATIONS 0.50
Director
$0 $0 $0
DR SHANE SMITH EDUCATION TEAM LEAD 0.50
Director
$0 $0 $0
LESLIE JOHNSON SPONSORSHIP DIRECTOR 0.50
Director
$0 $0 $0
JASON RUSINAK CO-DIRECTOR OF OPERATIONS 0.50
Director
$0 $0 $0
LAURA WEIGLEIN ADMINISTRATOR & SECRETARY 0.50
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
2025 $37,729 $40,762 $121,975 $-3,033
2024 $39,147 $30,234 $125,008 $8,913
2023 $180,999 $200,937 $116,095 $-19,938
2022 $231,703 $192,486 $136,033 $39,217
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAKE MINNETONKA KLONDIKE DOG DERBY with other nonprofits in Minnesota and across the country.