GRIMES COMMUNITY FOUNDATION (EIN 831282671) - 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

2018

Legal Domicile

Principal Officer

Laura McConnell

Tax Period

2021-01-01 to 2021-12-31

GRIMES COMMUNITY FOUNDATION, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $4K in total revenue in fiscal year 2021. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $11K exceeded revenue, resulting in a 188% operating deficit.

Mission

Connecting donors with causes that positively impact the Grimes community.

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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 (2021)

Revenue Breakdown

Contributions & Grants $6,380

Program Service Revenue $0

Investment Income $0

Other Revenue $-2,613

TOTAL REVENUE $3,767

Expense Breakdown

Grants Paid $10,238

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,835

Other Expenses $597

TOTAL EXPENSES $10,835

Year-over-Year Comparison

	2021	2020	Change
Revenue	$3,767	$123,334	-1.0%
Expenses	$10,835	$16,164	-0.3%
Net Income	$-7,068	$107,170	-1.1%

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
Eric Johansen	Director	3	Director	$0	$0	$0
Ruth Wallace	Director	3	Director	$0	$0	$0
Ross Junge	Director	3	Director	$0	$0	$0
Amber Mikkelsen	Director	3	Director	$0	$0	$0
Laura McConnell	President	5	Officer	$0	$0	$0
Allison Kleis	Secretary	3	Officer	$0	$0	$0
Andy Grove	Vice President	3	Officer	$0	$0	$0
Dan Koestner	Treasurer	3	Officer	$0	$0	$0
Tyler Eason	Treasurer	3	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
2021	$3,767	$10,835	$112,482	$-7,068
2020	$107,170	No data	$119,550	No data

GRIMES COMMUNITY FOUNDATION