Summerfest (EIN 870723212) - 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

2004

Legal Domicile

Phone

9163541867

Tax Period

2024-03-01 to 2025-02-28

Summerfest, founded in 2004, is a small nonprofit in the Human Services sector that reported $309K in total revenue in fiscal year 2024. Expenses of $274K left a modest 11% surplus.

Mission

TO PROVIDE FUNDING TO VARIOUS COMMUNITY, RECREATIONAL AND SOCIAL EVENTS AND ORGANIZATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,524

Program Service Revenue $303,209

Investment Income $802

Other Revenue $0

TOTAL REVENUE $308,535

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $267,022

Other Expenses $273,700

TOTAL EXPENSES $273,700

Year-over-Year Comparison

	2024	2023	Change
Revenue	$308,535	$304,634	+0.0%
Expenses	$273,700	$310,074	-0.1%
Net Income	$34,835	$-5,440	-7.4%

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

N/A

Employees

N/A

Volunteers

N/A

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
MICHAEL F MARTEL	CFO	1.00	Officer Director	$0	$0	$0
SHERRY LUMAN-CARRILLO	President	1.00	Officer Director	$0	$0	$0
Kimberly Doughty	Director	1.00	Director	$0	$0	$0
CHLOE CARRILLO	Secretary	1.00	Officer Director	$0	$0	$0
Genevieve Killian	Director	1.00	Director	$0	$0	$0
LORI OGDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
Nona Gunnell	Director	1.00	Director	$0	$0	$0
JASMINE SCHMELZ	Director	1.00	Director	$0	$0	$0
SID WILLIAMS	Director	1.00	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	$308,535	$273,700	$297,171	$34,835
2024	$304,634	$310,074	$262,336	$-5,440
2023	$348,716	$290,416	$267,776	$58,300
2019	$240,798	$274,344	$168,534	$-33,546

Summerfest