REDWOOD AREA EDUCATION FOUNDATION (EIN 363834251) - Form 990 Financial Analysis & Trantor Score

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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

1993

Legal Domicile

Principal Officer

MATT LUNDEEN

Phone

5076448023

Tax Period

2024-01-01 to 2024-12-31

REDWOOD AREA EDUCATION FOUNDATION, founded in 1993, is a small nonprofit in the Education sector that reported $232K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $223K left a modest 4% surplus.

Mission

TO ADVANCE, SUPPORT, PROMOTE, AND ADMINISTER EDUCATIONAL CAUSES AND PROJECTS FOR THE BENEFIT OF ISD 2897 AND ITS APPROXIMATELY 1000 STUDENTS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $205,234

Program Service Revenue $0

Investment Income $15,823

Other Revenue $10,547

TOTAL REVENUE $231,604

Expense Breakdown

Grants Paid $165,153

Salaries & Benefits $0

Fundraising Expenses $2,506

Program Expenses $195,302

Other Expenses $57,426

TOTAL EXPENSES $222,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$231,604	$152,951	+0.5%
Expenses	$222,579	$204,259	+0.1%
Net Income	$9,025	$-51,308	-1.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL CARLSON	DIRECTOR	1.00	Director	$0	$0	$0
BECKY CSELOVZSKI	SUPERINTENDE	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 PRESIDE	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 DI	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
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

REDWOOD AREA EDUCATION FOUNDATION