CENTENNIAL AREA EDUCATION FOUNDATION

EIN: 300113670 501(c)(3) Education

CIRCLE PINES, MN

Total Revenue
$131,059
Total Expenses
$181,941
Total Assets
$476,869
Net Assets
$476,869
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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
2001
Legal Domicile
MN
Principal Officer
JESSE BENTRUP
Phone
6127568099
Tax Period
2023-01-01 to 2023-12-31

CENTENNIAL AREA EDUCATION FOUNDATION, founded in 2001, is a small nonprofit in the Education sector that reported $131K in total revenue in fiscal year 2023. Expenses of $182K exceeded revenue, resulting in a 39% operating deficit.

Mission

TO PROVIDE SCHOLARSHIPS AND EDUCATIONAL GRANTS TO THE AREA SERVED BY THE CENTENNIAL SCHOOL DISTRICT #12.

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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 $130,494
Program Service Revenue $0
Investment Income $565
Other Revenue $0
TOTAL REVENUE $131,059

Expense Breakdown

Grants Paid $150,067
Salaries & Benefits $18,979
Fundraising Expenses $1,510
Program Expenses $160,049
Other Expenses $12,895
TOTAL EXPENSES $181,941

Year-over-Year Comparison

2023 2022 Change
Revenue $131,059 $122,819 +0.1%
Expenses $181,941 $127,785 +0.4%
Net Income $-50,882 $-4,966 +9.2%
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
7
Independent Members
7
Employees
1
Volunteers
25

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSE BENTRUP PRESIDENT 2.00
Officer Director
$0 $0 $0
CHRIS BETTINGER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DESIREE PHILLIPS SECRETARY 1.00
Officer Director
$0 $0 $0
TOM BREUNING DIRECTOR 1.00
Director
$0 $0 $0
SUE LINSER TREASURER 1.00
Officer Director
$0 $0 $0
SUZANNE GUTHMUELLER DIRECTOR 1.00
Director
$0 $0 $0
ISAAC WIPPERFURTH DIRECTOR 1.00
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 $131,059 $181,941 $476,869 $-50,882
2022 $122,819 $127,785 $484,909 $-4,966
2021 $81,225 $93,677 $554,009 $-12,452
2020 $127,392 $96,025 $566,462 $31,367
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