Rocket Boosters

EIN: 205330773 501(c)(3) Philanthropy & Grantmaking

Rockford, MN

Total Revenue
$221,768
Total Expenses
$240,451
Total Assets
$117,057
Net Assets
$117,057
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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
2006
Legal Domicile
MN
Principal Officer
Amy Voss
Tax Period
2023-01-01 to 2023-12-31

Rocket Boosters, founded in 2006, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $222K in total revenue in fiscal year 2023.

Mission

SUPPORT ISD 883 EXTRACURRICULAR 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $175,124
Program Service Revenue $40,357
Investment Income $0
Other Revenue $6,287
TOTAL REVENUE $221,768

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $240,451
Other Expenses $240,451
TOTAL EXPENSES $240,451

Year-over-Year Comparison

2023 2022 Change
Revenue $221,768 $223,978 0.0%
Expenses $240,451 $161,888 +0.5%
Net Income $-18,683 $62,090 -1.3%
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

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Governance

Voting Members
8
Independent Members
8
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
4
$800
Total Directors
8
$6,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lindsay Fenrich Director 0.00
Director
$6,000 $0 $6,000
Ruth Johnson Treasurer 0.00
Officer Director
$800 $0 $800
Todd Paulsen Director 0.00
Director
$0 $0 $0
Kelly Eickholt Director 0.00
Director
$0 $0 $0
Heidi Sanderson Director 0.00
Director
$0 $0 $0
Denise Engebretson Secretary 0.00
Officer Director
$0 $0 $0
Jennifer Strumbel Vice President 0.00
Officer Director
$0 $0 $0
Amy Voss President 0.00
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
2024 No data No data No data No data
2023 $221,768 $240,451 $117,057 $-18,683
2022 $223,978 $161,888 $135,740 $62,090
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