THE EAGAN FOUNDATION INCORPORATED

EIN: 411701309 501(c)(3) Education

EAGAN, MN

Total Revenue
$254,993
Total Expenses
$224,532
Total Assets
$255,503
Net Assets
$234,799
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MN
Principal Officer
MEGAN FLANAGAN
Phone
6512431198
Tax Period
2023-01-01 to 2023-12-31

THE EAGAN FOUNDATION INCORPORATED, founded in 1990, is a small nonprofit in the Education sector that reported $255K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $225K left a modest 12% surplus.

Mission

THE EAGAN FOUNDATION ENCOURAGES, SUPPORTS, AND ENHANCES IDEAS, FUNDING, AND COLLABORATIVE ACTION TO MEET COMMUNITY NEEDS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $196,225
Program Service Revenue $39,580
Investment Income $5,946
Other Revenue $13,242
TOTAL REVENUE $254,993

Expense Breakdown

Grants Paid $139,265
Salaries & Benefits $41,586
Fundraising Expenses $5,569
Program Expenses $200,587
Other Expenses $43,681
TOTAL EXPENSES $224,532

Year-over-Year Comparison

2023 2022 Change
Revenue $254,993 $220,347 +0.2%
Expenses $224,532 $221,159 +0.0%
Net Income $30,461 $-812 -38.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
26
Employees
N/A
Volunteers
83

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
5
$45,124
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMIE HOPKINS EXECUTIVE DI 30.00
Officer
$45,124 $0 $45,124
MEGAN FLANAGAN BOARD CHAIR 3.00
Officer Director
$0 $0 $0
DAVID LUTZ VICE & GRANT 3.00
Officer Director
$0 $0 $0
GARY RUPP TREASURER 3.00
Officer Director
$0 $0 $0
AMANDA FEIST SECRETARY 3.00
Officer Director
$0 $0 $0
DEREK BOEVE BOARD MEMBER 3.00
Director
$0 $0 $0
COLLEEN BYRNE BOARD MEMBER 3.00
Director
$0 $0 $0
JENNIFER COATES BOARD MEMBER 3.00
Director
$0 $0 $0
ANGIE CUNNINGHAM SCHOLARSHIP 3.00
Director
$0 $0 $0
ABI ELIAS STUDENT REP. 3.00
Director
$0 $0 $0
KAREN ELLIOTT BOARD MEMBER 3.00
Director
$0 $0 $0
MITZI GRAMLING BOARD MEMBER 3.00
Director
$0 $0 $0
CHRISTINE JONES BOARD MEMBER 3.00
Director
$0 $0 $0
JANE LAWRENCE BOARD MEMBER 3.00
Director
$0 $0 $0
PAULA MERRILL BOARD MEMBER 3.00
Director
$0 $0 $0
KAREN MILLER STUDENT REP. 3.00
Director
$0 $0 $0
DAVE MORRIS BOARD MEMBER 3.00
Director
$0 $0 $0
SARAH MOTT BOARD MEMBER 3.00
Director
$0 $0 $0
ANKIT MUKHOPADHYAY BOARD MEMBER 3.00
Director
$0 $0 $0
SALLY O'KEEFE FUNDRAISER C 3.00
Director
$0 $0 $0
GARY QUICK BOARD MEMBER 3.00
Director
$0 $0 $0
RASHELLE REDMON BOARD MEMBER 3.00
Director
$0 $0 $0
MARTHA REITVELD BOARD MEMBER 3.00
Director
$0 $0 $0
BENJAMIN RUDESHILL BOARD MEMBER 3.00
Director
$0 $0 $0
CASSANDRA SCHMIDT BOARD MEMBER 3.00
Director
$0 $0 $0
MIKE SCHULTZ BOARD MEMBER 3.00
Director
$0 $0 $0
LARRY SOLOMON BOARD MEMBER 3.00
Director
$0 $0 $0
BRANKO TAMBAH BOARD MEMBER 3.00
Director
$0 $0 $0
ROSALIE VOLLMAR NOMINATIONS 3.00
Director
$0 $0 $0
TIFFANY WONG BOARD MEMBER 3.00
Director
$0 $0 $0
CINDY YANCHURY BOARD MEMBER 3.00
Director
$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 No data No data No data No data
2023 $254,993 $224,532 $255,503 $30,461
2022 $220,347 $221,159 $209,871 $-812
2021 $181,876 $211,724 $212,636 $-29,848
2020 $266,561 $224,501 $232,198 $42,060
2019 $275,017 $260,191 $175,745 $14,826
2018 $251,096 $266,959 $154,439 $-15,863
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