Fridley Schools Foundation

EIN: 411943227 501(c)(3) Education

Fridley, MN

Total Revenue
$297,076
Total Expenses
$250,579
Total Assets
$570,337
Net Assets
$570,337
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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
MN
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.

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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 (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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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