GREEN LAKE FOUNDATION (EIN 870698571) - 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

2003

Legal Domicile

Principal Officer

Rhona Kwiram

Phone

2065221330

Tax Period

2023-01-01 to 2023-12-31

GREEN LAKE FOUNDATION, founded in 2003, is a small nonprofit in the Religion sector that reported $920K in total revenue in fiscal year 2023. Revenue surged 253% from the prior year, signaling strong growth momentum. The organization ran a surplus of $829K, a strong 90% operating margin.

Mission

Green Lake Foundation exists to develop, promote, maintain, and extend the Green Lake Church of Seventh-day Adventists' charitable activities

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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 (2023)

Revenue Breakdown

Contributions & Grants $590,698

Program Service Revenue $0

Investment Income $351,298

Other Revenue $-22,483

TOTAL REVENUE $919,513

Expense Breakdown

Grants Paid $82,889

Salaries & Benefits $0

Fundraising Expenses $1,048

Program Expenses $84,179

Other Expenses $7,266

TOTAL EXPENSES $90,155

Year-over-Year Comparison

	2023	2022	Change
Revenue	$919,513	$260,626	+2.5%
Expenses	$90,155	$42,279	+1.1%
Net Income	$829,358	$218,347	+2.8%

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

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

$4,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Claire Knierim	Board Member	0	Director	$0	$0	$4,900
Rhona Kwiram	President, Treasurer	8	Officer Director	$0	$0	$0
Alvin L Kwiram	Vice-President	4	Officer Director	$0	$0	$0
Sheree Carson	Secretary	4	Officer Director	$0	$0	$0
Donald Mehrer	Board Member	1	Director	$0	$0	$0
Ken Case	Board Member	1	Director	$0	$0	$0
Ken Fairchild	Board Member	1	Director	$0	$0	$0
Kevin McGill	Board Member	1	Director	$0	$0	$0
Kurt Mehrer	Board Member	1	Director	$0	$0	$0
Alwin Vyhmeister	Board Member	1	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
2024	No data	No data	No data	No data
2023	$919,513	$90,155	$7,079,591	$829,358
2022	$260,626	$42,279	$4,984,071	$218,347
2021	$940,561	$36,601	$5,581,613	$903,960
2020	$353,452	$25,474	$4,098,374	$327,978

GREEN LAKE FOUNDATION