CEDAR FALLS SCHOOLS FOUNDATION

EIN: 204287931 501(c)(3) Education

CEDAR FALLS, IA

Total Revenue
$2,081,514
Total Expenses
$3,318,752
Total Assets
$6,776,129
Net Assets
$6,774,472
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IA
Principal Officer
JESSIE SORENSEN
Phone
3192687007
Tax Period
2024-07-01 to 2025-06-30

CEDAR FALLS SCHOOLS FOUNDATION, founded in 2005, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $3.3M exceeded revenue, resulting in a 59% operating deficit.

Mission

SUPPORTING, ENHANCING AND EXPANDING OPPORUTNITES THROUGHOUT CEDAR FALLS COMMUNITY SCHOOLS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,517,806
Program Service Revenue $0
Investment Income $563,708
Other Revenue $0
TOTAL REVENUE $2,081,514

Expense Breakdown

Grants Paid $3,183,694
Salaries & Benefits $77,470
Fundraising Expenses $21,805
Program Expenses $3,228,010
Other Expenses $57,588
TOTAL EXPENSES $3,318,752

Year-over-Year Comparison

2024 2023 Change
Revenue $2,081,514 $2,663,127 -0.2%
Expenses $3,318,752 $1,508,602 +1.2%
Net Income $-1,237,238 $1,154,525 -2.1%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
2
Volunteers
50

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
6
$55,957
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONICA BOYER EXECUTIVE DI 25.00
Officer
$55,957 $0 $55,957
KATHY BUTLER DIRECTOR N/A
Director
$0 $0 $0
CHRIS GEHLING DIRECTOR N/A
Director
$0 $0 $0
DENELLE GONNERMAN EX-OFFICIO N/A
Director
$0 $0 $0
SUSIE HINES DIRECTOR N/A
Director
$0 $0 $0
ROCHELLE KANE VICE PRESIDE N/A
Officer Director
$0 $0 $0
AMY KOHLHAAS DIRECTOR N/A
Director
$0 $0 $0
RJ MEYER DIRECTOR N/A
Director
$0 $0 $0
TRACY MUDD DIRECTOR N/A
Director
$0 $0 $0
JAYMIE ODELL DIRECTOR N/A
Director
$0 $0 $0
ANDY PATTEE EX-OFFICIO N/A
Director
$0 $0 $0
HELEN PEARCE TREASURER N/A
Officer Director
$0 $0 $0
VICKIE ROBINSON PAST PRESIDE N/A
Officer Director
$0 $0 $0
JESSIE SORENSEN PRESIDENT N/A
Officer Director
$0 $0 $0
BRIAN UNRUH DIRECTOR N/A
Director
$0 $0 $0
DAVE VANDEVENTER DIRECTOR N/A
Director
$0 $0 $0
BONNIE WULFEKUHLE 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
2025 $2,081,514 $3,318,752 $6,776,129 $-1,237,238
2024 $2,663,127 $1,508,602 $8,049,219 $1,154,525
2023 $2,362,738 $575,911 $6,666,997 $1,786,827
2022 $1,467,904 $181,583 $4,609,886 $1,286,321
2021 $932,392 $212,252 $3,960,976 $720,140
2020 $284,531 $178,378 $2,968,643 $106,153
2019 $249,267 $131,566 $2,835,648 $117,701
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CEDAR FALLS SCHOOLS FOUNDATION with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.