Fridley Schools Foundation

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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

Formation Year

2010

Legal Domicile

Principal Officer

Lori Andler

Phone

7635025402

Tax Period

2024-07-01 to 2025-06-30

Fridley Schools Foundation, founded in 2010, is a small nonprofit in the Education sector that reported $297K in total revenue in fiscal year 2024. The organization ran a surplus of $46K, a strong 16% operating margin.

Mission

Support various school activities and sports programs. Provide scholarships to various students graduating from high school.

Program Service Accomplishments

Program 1

Expenses: $146,100 Revenue: $107,440

Provide scholarships to various students graduating from hign school.

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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 (2024)

Revenue Breakdown

Contributions & Grants $296,275

Program Service Revenue $0

Investment Income $801

Other Revenue $0

TOTAL REVENUE $297,076

Expense Breakdown

Grants Paid $146,100

Salaries & Benefits $0

Fundraising Expenses $55,118

Program Expenses $146,100

Other Expenses $49,361

TOTAL EXPENSES $250,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$297,076	N/A	N/A
Expenses	$250,579	N/A	N/A
Net Income	$46,497	N/A	N/A

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
Karin Beckstrand	President	4.00	Officer	$0	$0	$0
Lori Andler	Treasurer	2.00	Officer	$0	$0	$0
Stephen Keeler	Treasurer	2.00	Officer	$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
2025	$297,076	$250,579	$570,337	$46,497
2024	$378,406	$369,784	$523,840	$8,622
2023	$324,212	$330,414	$515,218	$-6,202
2022	$252,998	$281,950	$521,420	$-28,952
2021	$276,978	$154,528	$550,372	$122,450
2019	$398,224	$239,985	$392,462	$158,239