INTL FALLS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RAINY RIVER COMMUNITY COLLEGE FOUNDATION, founded in 1988, is a small nonprofit in the Education sector that reported $296K in total revenue in fiscal year 2024. The organization ran a surplus of $101K, a strong 34% operating margin.
INVESTING IN STUDENT SUCCESS AND OUR COMMUNITYS FUTURE THROUGH SCHOLARSHIPS AND COLLEGE DEVELOPMENT
PROVIDING GRANTS AND SCHOLARHSIPS IN THE INTEREST OF CONTINUING EDUCATION TO RAINY RIVER COMMUNITY COLLEGE AND ITS STUDENTS.
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 | $296,238 | $283,918 | +0.0% |
| Expenses | $195,413 | $232,163 | -0.2% |
| Net Income | $100,825 | $51,755 | +0.9% |
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 |
|---|---|---|---|---|---|---|
| PATTI BALLAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOANN DORNHECKER | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| SUE NORDQUIST | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BETH SHERMOEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE WILLIAMS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MOLLY BRAGG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURIE KNAPP | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM KNAPP | PRESIDENT | 2.00 |
Director
|
$0 | $0 | $0 |
| SUE ANDERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM ANDERSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCYLEE JORGENSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLEN RASMUSSEN | TREASURER | 1.00 |
Officer
|
$0 | $0 | $0 |
| ERIK STRAND | BOARD MEMBER | 1.00 |
Officer
|
$0 | $0 | $0 |
| KRISTI HUFFAKER | FOUNDATION EXECUTIVE DIRECTOR | 20.00 |
Officer
|
$0 | $0 | $0 |
| PAUL NEVANEN | PRESIDENT | 2.00 |
Officer
|
$0 | $0 | $0 |
| RACHEL BERRY | FACULTY BOARD MEMBER | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $296,238 | $195,413 | $2,773,972 | $100,825 |
| 2024 | $283,918 | $232,163 | $2,493,120 | $51,755 |
| 2023 | $620,083 | $205,226 | $2,304,923 | $414,857 |
| 2022 | $259,753 | $154,743 | $1,704,570 | $105,010 |
| 2021 | $157,068 | $175,089 | $2,067,223 | $-18,021 |
| 2020 | $136,761 | $218,339 | $1,799,553 | $-81,578 |
| 2018 | $273,204 | $269,497 | $1,877,309 | $3,707 |
Compare RAINY RIVER COMMUNITY COLLEGE FOUNDATION with other nonprofits in Minnesota and across the country.