NORTHFIELD, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAURA BAKER SCHOOL ASSOCIATION, founded in 1977, is a community nonprofit that reported $6.0M in total revenue in fiscal year 2023. Expenses of $7.6M exceeded revenue, resulting in a 27% operating deficit.
TO PROVIDE HOUSING AND OTHER SERVICES TO ADULTS AND CHILDREN WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. OUR MISSION IS TO RESPECT THE LIFE CHOICES AND DREAMS OF PEOPLE WITH DEVELOPMENTAL DISABILITIES AND HELP THEM REACH THEIR GOALS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,958,390 | $5,684,388 | +0.0% |
| Expenses | $7,554,205 | $5,908,856 | +0.3% |
| Net Income | $-1,595,815 | $-224,468 | +6.1% |
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 |
|---|---|---|---|---|---|---|
| BOB GILBERTSON | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RUTH NEUGER | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KENT HOLDEN | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHERYL BUCK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN UNDERDAHL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT CHRISTENSEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROLINE YAUN | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CARRIE DUBA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM LOE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MELEAH FOLLEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KENNA SCHULZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GRETCHEN EHRESMANN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PHIL STORM | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SHREYA ASHOK | STUDENT BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SANDRA GERDES | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$109,145 | $0 | $109,145 |
| CANDI LEMARR | CFO | 40.00 |
Officer
|
$3,600 | $0 | $3,600 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $5,958,390 | $7,554,205 | $5,012,804 | $-1,595,815 |
| 2022 | $5,684,388 | $5,908,856 | $6,785,435 | $-224,468 |
| 2021 | $5,578,294 | $5,884,323 | $5,414,331 | $-306,029 |
| 2021 | $7,101,896 | $6,189,043 | $6,937,933 | $912,853 |
| 2020 | $6,507,428 | $5,997,399 | $5,823,798 | $510,029 |
| 2019 | $5,915,903 | $6,015,985 | $5,511,927 | $-100,082 |
| 2018 | $5,551,259 | $5,745,656 | $5,746,452 | $-194,397 |
Compare LAURA BAKER SCHOOL ASSOCIATION with other nonprofits in Minnesota and across the country.