BRAINERD PUBLIC SCHOOLS FOUNDATION

EIN: 363542673 501(c)(3) Education

BRAINERD, MN

Total Revenue
$690,199
Total Expenses
$292,241
Total Assets
$4,568,140
Net Assets
$4,549,563
🔒

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
1988
Legal Domicile
MN
Principal Officer
JESSICA GANGL
Phone
2184546923
Tax Period
2024-07-01 to 2025-06-30

BRAINERD PUBLIC SCHOOLS FOUNDATION, founded in 1988, is a small nonprofit in the Education sector that reported $690K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $398K, a strong 58% operating margin.

Mission

THE MISSION OF THE FOUNDATION IS TO ASSIST IN PROVIDING OPPORTUNITIES FOR QUALITY ACADEMICS, ARTS, ACTIVITIES AND ATHLETICS FOR STUDENTS OF THE BRAINERD PUBLIC SCHOOL DISTRICT. THE VISION OF THE BRAINERD PUBLIC SCHOOL FOUNDATION IS FOR THE YOUNG PEOPLE OF THE BRAINERD LAKES AREA TO HAVE THE FINEST EDUCATIONAL OPPORUNITIES POSSIBLE AND TO ENABLE ALL INDIVIDUALS TO REACH THEIR FULL POTENTIAL AS LEARNERS, PARTICIPANTS, CITIZENS, ARTISTS, ATHLETES AND CONTRIBUTORS TO OUR COMMUNITY AND THE WHOLE OF SOCIETY.

🔒

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 $412,519
Program Service Revenue $4,515
Investment Income $171,389
Other Revenue $101,776
TOTAL REVENUE $690,199

Expense Breakdown

Grants Paid $163,356
Salaries & Benefits $91,674
Fundraising Expenses $71,108
Program Expenses $183,191
Other Expenses $37,211
TOTAL EXPENSES $292,241

Year-over-Year Comparison

2024 2023 Change
Revenue $690,199 $808,778 -0.1%
Expenses $292,241 $329,963 -0.1%
Net Income $397,958 $478,815 -0.2%
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
12
Independent Members
12
Employees
2
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
7
$81,228
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK HAGLIN PRESIDENT 5.00
Officer Director
$0 $0 $0
AMYE MILLER VICE PRESIDE 1.00
Officer Director
$0 $0 $0
JACEN GONDRINGER TREASURER 5.00
Officer Director
$0 $0 $0
JENNY CASTLE PAST PRESIDE 1.00
Officer Director
$0 $0 $0
MATT HOLMSTROM PAST PRESIDE 1.00
Officer Director
$0 $0 $0
JASON WALKOWIAK DIRECTOR 1.00
Director
$0 $0 $0
WILLY SEVERSON DIRECTOR 1.00
Director
$0 $0 $0
ANNE SOBERG DIRECTOR 1.00
Director
$0 $0 $0
DANIEL HOOD DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY GABRICK DIRECTOR 1.00
Director
$0 $0 $0
JILL BJORGE DIRECTOR 1.00
Director
$0 $0 $0
HEIDI HAHN DIRECTOR 1.00
Director
$0 $0 $0
PETER GRANT EX-OFFICIO M 1.00
Director
$0 $0 $0
STEPHANIE ETTERMAN EX-OFFICIO M 1.00
Director
$0 $0 $0
STEFANIE DEVRIES MARKETING/AD 24.00
Officer
$29,423 $0 $29,423
JESSICA GANGL EXECUTIVE DI 28.00
Officer
$51,805 $0 $51,805
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 $690,199 $292,241 $4,568,140 $397,958
2024 No data No data No data No data
2023 $443,254 $258,919 $3,356,901 $184,335
2022 $782,025 $283,452 $2,971,567 $498,573
2022 $745,932 $262,359 $2,971,567 $483,573
2021 $537,855 $438,600 $3,136,763 $99,255
2020 $362,950 $227,379 $2,571,513 $135,571
2019 $473,230 $216,519 $2,471,998 $256,711
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BRAINERD PUBLIC SCHOOLS FOUNDATION with other nonprofits in Minnesota and across the country.