NEW PRAGUE, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FORWARD NEW PRAGUE FOUNDATION, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $369K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $359K, a strong 97% operating margin.
TO BUILD A MULTI-PURPOSE OUTDOOR PERFORMANCE FACILITY TO CELEBRATE THE ARTS AND OTHER COMMUNITY GATHERINGS - FROM MUSIC TO THEATRE TO DANCE TO VISUAL ARTS...AND MUCH MORE!
CITIES SMALL AND LARGE THROUGHOUT MINNESOTA ENCOURAGE AND ENTERTAIN ARTS LOVERS THROUGHOUT THE YEAR AT OUTDOOR VENUES TO PROMOTE THOSE INTERESTED IN PERFORMING FOR THE PUBLIC. NEW PRAGUE, A VIBRANT...
CITIES SMALL AND LARGE THROUGHOUT MINNESOTA ENCOURAGE AND ENTERTAIN ARTS LOVERS THROUGHOUT THE YEAR AT OUTDOOR VENUES TO PROMOTE THOSE INTERESTED IN PERFORMING FOR THE PUBLIC. NEW PRAGUE, A VIBRANT CITY OF 8,100 PEOPLE, HAS NO OUTDOOR PERFORMANCE FACILITY. "IT'S TIME" IS THE CATCHPHRASE/MOTTO FOR A COMMUNITY-WIDE EFFORT TO MAKE THIS TYPE OF FACILITY A REALITY IN NEW PRAGUE. WHY ARE WE UNDERTAKING THIS EFFORT?TO COMPLETE A LONG-STANDING NEED OF NEW PRAGUE TO PROVIDE THIS TYPE OF VENUE FOR COMMUNITY USE. CREATING OUTDOOR ARTS EVENTS IN NEW PRAGUE WITH A TENT/CANOPY IS NOT A LONG-TERM SOLUTION.TO COLLABORATE WITH THE CITY, SCHOOL, COMMUNITY ORGANIZATIONS, OTHER COMMUNITY LEADERS AND ARTS' GROUPS TO BUILD A VENUE THE COMMUNITY CAN BE PROUD OF; AND TO SHOW THE IMPORTANCE OF MEETING THE NEEDS OF THE COMMUNITY TOGETHER.TO PROVIDE A VENUE FOR FAMILY ENTERTAINMENT THROUGHOUT THE YEAR.TO PROVIDE OPPORTUNITIES FOR PEOPLE YOUNG AND OLD TO SHOWCASE THEIR TALENTS.TO CREATE A FACILITY THAT IS A SHOWCASE FOR THE SOUTHWEST METRO AREA THAT SHINES A POSITIVE LIGHT ON THE CITY OF NEW PRAGUE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $368,879 | $260,595 | +0.4% |
| Expenses | $10,078 | $24,655 | -0.6% |
| Net Income | $358,801 | $235,940 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DEN GARDNER | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE WOLF | TREASURER/FINANCIAL OFFICER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELIZABETH NEIDERHEISER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY PINT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $368,879 | $10,078 | $594,741 | $358,801 |
| 2023 | $260,595 | $24,655 | $235,940 | $235,940 |
Compare FORWARD NEW PRAGUE FOUNDATION with other nonprofits in Minnesota and across the country.