PROJEKT BAYERN ASSOCIATION

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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

1996

Legal Domicile

Phone

5095486393

Tax Period

2024-01-01 to 2024-12-31

PROJEKT BAYERN ASSOCIATION, founded in 1996, is a small nonprofit in the Recreation & Sports sector that reported $102K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $33K, a strong 32% operating margin.

Mission

Projekt Bayern Association was formed in 1996 endeavoring to improve, enhance and promote the authenticity of the Old World Bavarian theme in the city of Leavenworth, Washington and its surrounding region.

Program Service Accomplishments

Program 1

Expenses: $34,663

Sponsorship of Oktoberfest festival modeled after the traditional annual Oktoberfest of Munich, Germany. This event attracts several thousand participants each year to the experience of an authentic Bavarian town.An agreement between Projeckt Bayern Association and the City of Leavenworth was made on October9, 2012 to secure the Fruit Warehouse as a permanent location for holding the annual Oktoberfest Celebration for $50,000. Coinciding with its mission to support the improvements and enhancements of the Old World Bavarian Theme, the Association also donated monies to various organizations in the community.

Program 2

An agreement between Projeckt Bayern Association and the City of Leavenworth was made on October9, 2012 to secure the Fruit Warehouse as a permanent location for holding the annual Oktoberfest...

An agreement between Projeckt Bayern Association and the City of Leavenworth was made on October9, 2012 to secure the Fruit Warehouse as a permanent location for holding the annual Oktoberfest Celebration for $50,000. Coinciding with its mission to support the improvements and enhancements of the Old World Bavarian Theme, the Association also donated monies to various organizations in the community.

Program 3

Sponsorship of the Christkindlmarkt festival modeled after the traditional annual Christkindlmarkt of Nuremberg, Germany. This event separately attracts approximately 2,500 visitors to a wintertime...

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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 $1,000

Program Service Revenue $16,138

Investment Income $63,730

Other Revenue $21,550

TOTAL REVENUE $102,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,663

Other Expenses $69,708

TOTAL EXPENSES $69,708

Year-over-Year Comparison

	2024	2023	Change
Revenue	$102,418	$275,374	-0.6%
Expenses	$69,708	$936,735	-0.9%
Net Income	$32,710	$-661,361	-1.0%

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

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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

116

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
Chris Shrimer	Director	5.00	Director	$0	$0	$0
Amy Gustin	Director	5.00	Director	$0	$0	$0
Shawna Alexander	Director	5.00	Director	$0	$0	$0
TIBOR LAK	Director	5.00	Director	$0	$0	$0
Steve Lord	President	5.00	Director	$0	$0	$0
Gary Waunch	Director	5.00	Director	$0	$0	$0
Cary M Sanger	Treasurer	5.00	Officer	$0	$0	$0
Gary Day	Vice President	5.00	Officer	$0	$0	$0
Pam Day	Secretary	5.00	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
2024	$102,418	$69,708	$1,423,192	$32,710
2023	$275,374	$936,735	$1,395,237	$-661,361
2022	$621,162	$1,511,935	$2,057,177	$-890,773
2021	$127,634	$272,525	$2,873,375	$-144,891
2020	$37,203	$172,454	$3,019,775	$-135,251
2019	$1,810,800	$1,612,902	$3,157,617	$197,898
2018	$1,934,341	$1,766,594	$2,969,387	$167,747