Nerstrand Elementary School (EIN 411946091) - 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

Formation Year

1999

Legal Domicile

Principal Officer

Nicole Musolf

Phone

5073336850

Tax Period

2024-07-01 to 2025-06-30

Nerstrand Elementary School, founded in 1999, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 14% surplus.

Mission

Public school serving students in grades K-5.

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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 $1,798,123

Program Service Revenue $41,092

Investment Income $24,865

Other Revenue $-13,324

TOTAL REVENUE $1,850,756

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,372,430

Other Expenses $1,592,321

TOTAL EXPENSES $1,592,321

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,850,756	$1,832,171	+0.0%
Expenses	$1,592,321	$1,540,286	+0.0%
Net Income	$258,435	$291,885	-0.1%

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

$229,375

Total Directors

$175,626

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carissa Erickson	Parent Rep/Chair	1.00	Officer Director	$0	$0	$0
Tara Vondrasek	Teacher Rep / Clerk	40.00	Officer Director	$55,618	$0	$55,618
Sarah Johnson	Teacher Rep	40.00	Officer Director	$41,937	$0	$41,937
Carmen Bonde	Teacher Rep	40.00	Director	$16,277	$0	$16,277
Ali Bossmann	Parent Rep	1.00	Director	$0	$0	$0
Terri Neumann	Community Rep	1.00	Director	$0	$0	$0
Paula Shroyer	Teacher Rep	40.00	Director	$61,794	$0	$61,794
Traci LaFerriere	Business Manager	40.00	Officer	$52,000	$0	$52,000
Nicole Musolf	Executive Director	40.00	Officer	$79,820	$0	$79,820

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	$1,850,756	$1,592,321	$1,150,025	$258,435
2024	$1,832,171	$1,540,286	$910,642	$291,885
2023	$1,686,426	$1,579,220	$948,082	$107,206
2022	$1,784,597	$1,960,434	$923,389	$-175,837
2021	$2,052,899	$1,876,531	$1,374,717	$176,368
2020	$2,008,627	$1,944,973	$1,408,325	$63,654
2019	$1,974,405	$1,944,118	$1,570,681	$30,287
2018	$1,699,955	$1,745,324	$1,777,378	$-45,369

Nerstrand Elementary School