So Others May Learn

EIN: 271413388 501(c)(3) Education

Minneapolis, MN

Total Revenue
$305,249
Total Expenses
$262,982
Total Assets
$74,483
Net Assets
$74,483
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MN
Principal Officer
Kristina Chien
Tax Period
2024-01-01 to 2024-12-31

So Others May Learn, founded in 2011, is a small nonprofit in the Education sector that reported $305K in total revenue in fiscal year 2024. Expenses of $263K left a modest 14% surplus.

Mission

So Others May Learn a 501-C3 nonprofit organization is dedicated to providing academic scholarships to deserving students in Uganda Zambia and Zimbabwe and support the communities in which these students learn and live. These scholarships are specifically targeted at students in rural areas who lack the financial resources to pursue their education. In addition to financial support the organization also ensures ongoing monitoring of academic progress and offers additional assistance such as healthcare and infrastructure improvements for the communities where these students reside. Through these efforts So Others May Learn aims to empower underserved students in their communities by breaking down barriers to education and fostering sustainable development.

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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 (2024)

Revenue Breakdown

Contributions & Grants $305,132
Program Service Revenue $0
Investment Income $0
Other Revenue $117
TOTAL REVENUE $305,249

Expense Breakdown

Grants Paid $233,950
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $262,591
Other Expenses $29,032
TOTAL EXPENSES $262,982

Year-over-Year Comparison

2024 2023 Change
Revenue $305,249 N/A N/A
Expenses $262,982 N/A N/A
Net Income $42,267 N/A N/A
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
5
Independent Members
5
Employees
N/A
Volunteers
20

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
$0
Total Directors
0
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kristina Chien Executive Director 40.00
Officer
$0 $0 $0
Mary Goetz Board member 5.00
Officer
$0 $0 $0
Peter Tester Board Chair 4.00
Officer
$0 $0 $0
Elise Szwajkowski board member at large 5.00
Officer
$0 $0 $0
Caroline Ferguson board secretary 4.00
Officer
$0 $0 $0
Hutton Phillips Board member and future chair 10.00
Officer
$0 $0 $0
Cynthia Nidewini Zim and Zam program coordinator 20.00
Key Emp
$0 $0 $0
Lwanga Muzaifa Uganda program coordinator 20.00
Key Emp
$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 $305,249 $262,982 $74,483 $42,267
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