Moorhead, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Moorhead Legacy Education Foundation, founded in 1990, is a small nonprofit in the Education sector that reported $368K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $96K, a strong 26% operating margin.
To support and promote educational programs in Independent School District 152.
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 | $367,977 | $243,444 | +0.5% |
| Expenses | $271,995 | $226,758 | +0.2% |
| Net Income | $95,982 | $16,686 | +4.8% |
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 |
|---|---|---|---|---|---|---|
| Katherine Halvorson | Board Chair | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| Julie Wilson | Board Vice Chair | 7.50 |
Officer
Director
|
$0 | $0 | $0 |
| Mike McFeely | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chad Hansen | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tina Christenson | Board Member (as of June 2024) | 4.00 |
Director
|
$0 | $0 | $0 |
| Stephen Astrup | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Monica Peterson | Board Member (as of June 2024) | 4.00 |
Director
|
$0 | $0 | $0 |
| Charles Fisher | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Brett Rathbone | Board Member (as of June 2024) | 2.00 |
Director
|
$0 | $0 | $0 |
| Jana Kasper | Board Member (as of June 2024) | 2.00 |
Director
|
$0 | $0 | $0 |
| Mark Rice | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Angie Homuth | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Janelle Leiseth | Executive Director | 20.00 |
Officer
|
$12,000 | $0 | $12,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $367,977 | $271,995 | $1,977,869 | $95,982 |
| 2023 | $243,444 | $226,758 | $1,854,040 | $16,686 |
| 2022 | $184,691 | $204,011 | $1,505,126 | $-19,320 |
| 2021 | $202,920 | $214,882 | $1,875,759 | $-11,962 |
| 2020 | $176,952 | $218,969 | $1,698,560 | $-42,017 |
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