REDWOOD AREA EDUCATION FOUNDATION

EIN: 363834251 501(c)(3) Education

REDWOOD FALLS, MN

Total Revenue
$416,853
Total Expenses
$395,052
Total Assets
$4,642,879
Net Assets
$4,642,879
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MN
Principal Officer
MATT LUNDEEN
Phone
5076448023
Tax Period
2025-01-01 to 2025-12-31

REDWOOD AREA EDUCATION FOUNDATION, founded in 1993, is a small nonprofit in the Education sector that reported $417K in total revenue in fiscal year 2025. Revenue surged 80% from the prior year, signaling strong growth momentum. Expenses of $395K left a modest 5% surplus.

Mission

TO ADVANCE, SUPPORT, PROMOTE, AND ADMINISTER EDUCATIONAL CAUSES AND PROJECTS FOR THE BENEFIT OF ISD 2897 AND ITS APPROXIMATELY 1,070 STUDENTS

Program Service Accomplishments

Program 1
Expenses: $273,292 Revenue: $255,454

DISTRIBUTED EARNINGS FROM ENDOWMENT FUNDS TO ENHANCE ISD 2897 PROGRAMS AND FACILITIES DURING THE YEAR FUNDS WERE DISTRIBUTED FOR THE FOLLOWING CLASSROOM AND INSTRUCTIONAL MATERIALS $95,093 AND...

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DISTRIBUTED EARNINGS FROM ENDOWMENT FUNDS TO ENHANCE ISD 2897 PROGRAMS AND FACILITIES DURING THE YEAR FUNDS WERE DISTRIBUTED FOR THE FOLLOWING CLASSROOM AND INSTRUCTIONAL MATERIALS $95,093 AND EDUCATION PROGRAMS $66,407.

Program 2
Expenses: $103,580

$103,580 FOR SCHOALARS ENDOWMENT FUNDS AND CONTRIBUTIONS EARMARKED FOR SCHOLARSHIPS WERE DISTRIBUTED TO 64 STUDENTS ATTENDING POST-SECONDARY SCHOOLS

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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 (2025)

Revenue Breakdown

Contributions & Grants $255,454
Program Service Revenue $0
Investment Income $157,305
Other Revenue $4,094
TOTAL REVENUE $416,853

Expense Breakdown

Grants Paid $345,691
Salaries & Benefits $0
Fundraising Expenses $1,798
Program Expenses $376,872
Other Expenses $49,361
TOTAL EXPENSES $395,052

Year-over-Year Comparison

2025 2024 Change
Revenue $416,853 $231,604 +0.8%
Expenses $395,052 $222,579 +0.8%
Net Income $21,801 $9,025 +1.4%
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

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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
13
Independent Members
13
Employees
N/A
Volunteers
15

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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL CARLSON DIRECTOR 1.00
Director
$0 $0 $0
BECKY CSELOVZSKI SUPERINTENDENT 1.00
Director
$0 $0 $0
BRIANNA GOBLIRSCH DIRECTOR 1.00
Director
$0 $0 $0
ANN GOCHE DIRECTOR 1.00
Director
$0 $0 $0
TESSA HEILING DIRECTOR 1.00
Director
$0 $0 $0
SCOTT KODET DIRECTOR 1.00
Director
$0 $0 $0
KARA KUEHN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
TAYA LINDAHL DIRECTOR 1.00
Director
$0 $0 $0
ANDREW LUECK DIRECTOR 1.00
Director
$0 $0 $0
MATT LUNDEEN PRESIDENT 1.00
Officer Director
$0 $0 $0
HELEN MANTHEI DIRECTOR 1.00
Director
$0 $0 $0
AMANDA MATHIOWETZ DIRECTOR 1.00
Director
$0 $0 $0
ALEX PETERSEN DIRECTOR 1.00
Director
$0 $0 $0
LARRY SWANN DIRECTOR 1.00
Director
$0 $0 $0
RACHAEL BUYCK EXECUTIVE DIRECTOR 40.00
Officer
$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
2025 $416,853 $395,052 $4,642,879 $21,801
2024 $231,604 $222,579 $4,366,034 $9,025
2023 $152,951 $204,259 $3,959,240 $-51,308
2022 $387,625 $156,317 $3,709,274 $231,308
2021 $144,919 $165,232 $4,052,369 $-20,313
2020 $301,531 $352,636 $3,718,914 $-51,105
2019 $343,778 $643,423 $3,464,901 $-299,645
2018 $179,365 $522,808 $3,343,650 $-343,443
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