INTERNATIONAL FALLS EDUCATION FUND INC (EIN 411728160) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer

GORDY DAULT

Phone

2183240337

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL FALLS EDUCATION FUND INC is a small nonprofit in the Education sector that reported $134K in total revenue in fiscal year 2023. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 54% operating margin.

Mission

ENHANCE THE QUALITY OF EDUCATION IN MINNESOTA SCHOOL DISTRICT 361

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $43,768

Program Service Revenue $0

Investment Income $66

Other Revenue $90,459

TOTAL REVENUE $134,293

Expense Breakdown

Grants Paid $32,984

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,227

Other Expenses $29,243

TOTAL EXPENSES $62,227

Year-over-Year Comparison

	2023	2022	Change
Revenue	$134,293	$82,267	+0.6%
Expenses	$62,227	$58,907	+0.1%
Net Income	$72,066	$23,360	+2.1%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GORDY DAULT	PRESIDENT	2.00	Officer Director	$0	$0	$0
JENNY HERMAN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
EMILY GEDDE	SECRETARY	2.00	Officer Director	$0	$0	$0
MIKE KATRIN	TREASURER	4.00	Officer Director	$0	$0	$0
ANGELA SANDSTROM	BOOKKEEPER	4.00	Officer Director	$0	$0	$0
LINDSAY FRANK	DIRECTOR	1.00	Director	$0	$0	$0
KYRA HASBARGEN	DIRECTOR	1.00	Director	$0	$0	$0
DICK PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
NIKKI ROLANDO	DIRECTOR	1.00	Director	$0	$0	$0
NIKKI SKIFSTAD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WINKEL	DIRECTOR	1.00	Director	$0	$0	$0
TOM WORTH	DIRECTOR	1.00	Director	$0	$0	$0
CINDY YOUSO	DIRECTOR	1.00	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	$134,293	$62,227	$673,529	$72,066
2022	$82,267	$58,907	$516,113	$23,360
2021	$101,430	$30,365	$572,248	$71,065
2020	$56,302	$32,005	$425,866	$24,297

INTERNATIONAL FALLS EDUCATION FUND INC