Avalon Charter School

EIN: 311743023 501(c)(3) Education

St Paul, MN

Total Revenue
$5,825,092
Total Expenses
$5,410,346
Total Assets
$5,068,598
Net Assets
$-446,419
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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
2000
Legal Domicile
MN
Principal Officer
Carrie Bakken
Phone
6516495495
Tax Period
2024-07-01 to 2025-06-30

Avalon Charter School, founded in 2000, is a community nonprofit in the Education sector that reported $5.8M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $5.4M left a modest 7% surplus.

Mission

Avalon School seeks to establish a just world by nurturing an equitable school community for students that inspires active learning, social justice, engaged citizenship, and hope for the future.

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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 $5,749,363
Program Service Revenue $57,016
Investment Income $1,556
Other Revenue $17,157
TOTAL REVENUE $5,825,092

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,938,464
Fundraising Expenses $0
Program Expenses $4,920,342
Other Expenses $1,471,882
TOTAL EXPENSES $5,410,346

Year-over-Year Comparison

2024 2023 Change
Revenue $5,825,092 $5,258,428 +0.1%
Expenses $5,410,346 $5,285,747 +0.0%
Net Income $414,746 $-27,319 -16.2%
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
9
Independent Members
4
Employees
56
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
5
$296,255
Total Directors
9
$416,366
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Krull Treasurer - Parent 2.00
Officer Director
$0 $0 $0
Tamara Jones Board Chair - Parent 2.00
Officer Director
$0 $0 $0
Kevin Ward Trustee - Teacher 40.00
Director
$88,958 $18,547 $107,505
Sarah Wallis Secretary - Teacher 40.00
Officer Director
$80,076 $6,447 $86,523
Samantha Mau Trustee - Teacher 40.00
Director
$72,402 $6,017 $78,419
Benjamin Tuthill Trustee - Teacher 40.00
Director
$57,145 $6,223 $63,368
Elizabeth Kearney Trustee - Teacher 40.00
Director
$73,494 $7,057 $80,551
Emily Sundseth Trustee - Parent 2.00
Director
$0 $0 $0
Esteban Castillo Trustee - Community 2.00
Director
$0 $0 $0
Carrie Bakken Executive Director 40.00
Officer
$108,545 $9,685 $118,230
Tim Quealy Assistant Director 40.00
Officer
$84,850 $6,652 $91,502
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 $5,825,092 $5,410,346 $5,068,598 $414,746
2024 $5,258,428 $5,285,747 $5,106,122 $-27,319
2023 $4,872,200 $4,596,046 $5,665,195 $276,154
2022 $4,749,032 $4,585,563 $6,273,238 $163,469
2021 $4,113,408 $4,415,446 $3,687,594 $-302,038
2020 $4,330,359 $4,576,637 $4,267,301 $-246,278
2019 $4,770,409 $3,930,421 $5,018,243 $839,988
2018 $3,751,983 $4,503,170 $4,965,096 $-751,187
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