GRINDSTONE LAKE FOUNDATION INC

EIN: 831449904 501(c)(3) Environment

CEDAR RAPIDS, IA

Total Revenue
$14,391
Total Expenses
$6,663
Total Assets
$762,651
Net Assets
$762,651
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
WI
Principal Officer
CYNTHIA PARKER
Tax Period
2025-01-01 to 2025-12-31

GRINDSTONE LAKE FOUNDATION INC, founded in 2018, is a micro nonprofit in the Environment sector that reported $14K in total revenue in fiscal year 2025. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8K, a strong 54% operating margin.

Mission

THE PURPOSE OF THIS CORPORATION IS TO PROVIDE FUNDING FOR THE PROTECTION, PRESERVATION AND RESTORATION OF THE WATER QUALITY AND OTHER CONSERVATION VALUES OF GRINDSTONE LAKE, SAWYER COUNTY, WISCONSIN

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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 (2025)

Revenue Breakdown

Contributions & Grants $14,300
Program Service Revenue $0
Investment Income $1
Other Revenue $90
TOTAL REVENUE $14,391

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,663
Other Expenses $6,663
TOTAL EXPENSES $6,663

Year-over-Year Comparison

2025 2024 Change
Revenue $14,391 $6,417 +1.2%
Expenses $6,663 $17,130 -0.6%
Net Income $7,728 $-10,713 -1.7%
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
8
Independent Members
6
Employees
N/A
Volunteers
9

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA PARKER PRESIDENT 5.00
Officer Director
$0 $0 $0
MICHAEL WARDEN TREASURER 5.00
Officer Director
$0 $0 $0
I REED PARKER SECRETARY 2.00
Officer Director
$0 $0 $0
CHERYL CONTANT DIRECTOR 2.00
Director
$0 $0 $0
DONNA CARLSON DIRECTOR 2.00
Director
$0 $0 $0
KAREN MUMFORD DIRECTOR 2.00
Director
$0 $0 $0
TONY WESTCOT DIRECTOR 0.00
Director
$0 $0 $0
JOHN MINTON VICE PRESIDENT 2.00
Officer 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 $14,391 $6,663 $762,651 $7,728
2024 No data No data No data No data
2023 $14,873 $2,761 $767,462 $12,112
2022 $632,774 $2,707 $755,350 $630,067
2021 $177,746 $9,505 $1,455,987 $168,241
2020 $39,243 $11,265 $1,186,653 $27,978
2019 $62,869 $28,410 $925,727 $34,459
2018 $775,482 $751,836 $773,846 $23,646
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