Ramsey, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PACT Charter School, founded in 1994, is a mid-sized nonprofit that reported $14.5M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum.
Partnering as parents, students, and staff to develop students of character and academic excellence.
PACT provides a comprehensive educational program for approximately 1081 students, grades K-12. Regular school year was from September 5, 2023 - June 6, 2024; extended year summer school is available...
PACT provides a comprehensive educational program for approximately 1081 students, grades K-12. Regular school year was from September 5, 2023 - June 6, 2024; extended year summer school is available for qualifying special education students. Parents and students are looking for choices in education and like the array of programs, the small school atmosphere, the student achievement and parent involvement provided by PACT Charter School. There were approximately XXX students who applied for new enrollment for the 2023-2024 school year. The composition of the 2023-2024 student population is 80% White, 9.5% Black, 3.7% Hispanic, 0.6% Asian, 0.3% Hawaiian/Pacific Islander, 0.2% American Indian and 5.2% two or more races. 52% are male and 48% are female
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 | $14,505,532 | $10,121,647 | +0.4% |
| Expenses | $14,957,504 | $9,207,395 | +0.6% |
| Net Income | $-451,972 | $914,252 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Ann Ostendorf | Secretary / Teacher Member | 41.00 |
Officer
Director
|
$49,308 | $16,070 | $65,378 |
| Ryan Heineman | Chair / Parent Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brad Lawrence | Treasurer / Parent Member | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jason Tossey | Vice Chair / Teacher | 41.00 |
Officer
Director
|
$48,921 | $4,179 | $53,100 |
| Jason Busch | Parent Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Nicole Rhoad | Community Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Chad Lucas | Parent Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Joshua Nyquist | Executive Director | 40.00 |
Officer
|
$119,891 | $29,282 | $149,173 |
| Paul Scanlon | ED of Elementary Education | 40.00 |
Officer
|
$121,194 | $8,996 | $130,190 |
| Romelle Pornschloegl | ED of Secondary Education | 40.00 |
Officer
|
$123,936 | $9,186 | $133,122 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $14,505,532 | $14,957,504 | $5,624,341 | $-451,972 |
| 2023 | $10,121,647 | $9,207,395 | $5,912,604 | $914,252 |
| 2022 | $8,450,836 | $8,009,466 | $5,812,709 | $441,370 |
| 2021 | $7,920,271 | $7,713,685 | $5,704,270 | $206,586 |
| 2020 | $7,543,167 | $7,620,305 | $6,358,778 | $-77,138 |
| 2019 | $8,663,753 | $7,172,226 | $7,424,818 | $1,491,527 |
| 2018 | $7,226,435 | $8,441,145 | $8,590,024 | $-1,214,710 |
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