Cologne, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Cologne Academy, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $11.9M in total revenue in fiscal year 2024. Expenses of $11.5M left a modest 4% surplus.
To provide students in Cologne and surrounding rural areas with a content-rich education based on a strong foundation of knowledge through the use of the core knowledge sequence and classical curriculum. We are committed to providing a community school with small class sizes where students, parents and teachers work together to achieve accelerated academic achievement and strong character development.
Cologne Academy provides students in Cologne and surrounding rural areas with a content-rich education based on a strong foundation of knowledge through the use of the core knowledge sequence and...
Cologne Academy provides students in Cologne and surrounding rural areas with a content-rich education based on a strong foundation of knowledge through the use of the core knowledge sequence and classical curriculum. We are committed to providing a community school with small class sizes where students, parents and teachers work together to achieve accelerated academic achievement and strong character development. Cologne began with grades K-5 in the 2008-2009 academic year, added 6th grade in 2009-2010, 7th grade in 2010-2011, and added the final grade, 8th grade, in 2011-2012. The average number of students for the 2024-2025 school year was 724.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $11,922,159 | $11,069,313 | +0.1% |
| Expenses | $11,504,476 | $10,732,507 | +0.1% |
| Net Income | $417,683 | $336,806 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Amanda Daniel | Vice Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Goldie | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Craig Johnson | Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nathan Kells | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Matt Krause | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sheryl Reddig | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Helen Suhr | Board Member/Teacher | 42.00 |
Director
|
$71,205 | $12,806 | $84,011 |
| Lynn Peterson | Ex-Officio/Executive Director | 45.00 |
Officer
|
$122,292 | $13,165 | $135,457 |
| Traci LaFerriere | CFO | 30.00 |
Officer
|
$63,704 | $11,901 | $75,605 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $11,922,159 | $11,504,476 | $10,208,645 | $417,683 |
| 2024 | $11,069,313 | $10,732,507 | $8,784,449 | $336,806 |
| 2023 | $10,557,503 | $10,347,747 | $8,609,784 | $209,756 |
| 2022 | $10,794,187 | $10,036,884 | $9,289,670 | $757,303 |
| 2021 | $9,847,133 | $8,699,531 | $7,640,801 | $1,147,602 |
| 2020 | $8,661,190 | $8,528,834 | $7,734,278 | $132,356 |
| 2019 | $8,646,611 | $8,243,098 | $9,557,005 | $403,513 |
| 2018 | $7,839,178 | $7,765,064 | $10,428,473 | $74,114 |
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