BEREA LABOR DAY OKTOBERFEST INC

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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

2005

Legal Domicile

Principal Officer

TOM NAGEL

Phone

4403480960

Tax Period

2019-01-01 to 2019-12-31

BEREA LABOR DAY OKTOBERFEST INC, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $90K in total revenue in fiscal year 2019. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $104K exceeded revenue, resulting in a 15% operating deficit.

Mission

CULTURAL COMMUNITY OKTOBERFEST FUNDRAISING EVENT IN SUPPORT OF COMMUNITY SERVICE AND CIVIC NON PROFIT ORGANIZATIONS INCLUDING SPECIAL NEEDS CHILDREN AND YOUTH GROUPS

Program Service Accomplishments

Program 1

Expenses: $103,758

CULTURAL COMMUNITY OKTOBERFEST FUNDRAISING EVENT IN SUPPORT OF COMMUNITY SERVICE AND CIVIC NON PROFIT ORGANIZATIONS INCLUDING SPECIAL NEEDS CHILDREN AND YOUTH GROUPS

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $606

Other Revenue $89,774

TOTAL REVENUE $90,380

Expense Breakdown

Grants Paid $77,172

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $103,758

Other Expenses $26,586

TOTAL EXPENSES $103,758

Year-over-Year Comparison

	2019	2018	Change
Revenue	$90,380	$117,673	-0.2%
Expenses	$103,758	$114,865	-0.1%
Net Income	$-13,378	$2,808	-5.8%

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

225

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
PHYLLIS GLAESER	DIRECTOR	N/A	Director	$0	$0	$0
LAURIE HABERSTRO	TREASURER	N/A	Officer Director	$0	$0	$0
LANCE KINDELL	DIRECTOR	N/A	Director	$0	$0	$0
TOM NAGEL	PRESIDENT	N/A	Officer Director	$0	$0	$0
KYLE ROGGENBURK	SECRETARY	N/A	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
2019	$90,380	$103,758	$7,391	$-13,378
2018	$117,673	$114,865	$10,769	$2,808