LONG LAKE, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ORONO FOUNDATION FOR EDUCATION, founded in 2000, is a small nonprofit in the Education sector that reported $980K in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. Net assets of $2.8M represent 34 months of operating reserves.
EMPOWER ALL STUDENTS TO ACHIEVE THEIR HIGHEST POTENTIAL AND ENSURE A TRADITION OF EXCELLENCE.OFE RELIES PRIMARILY ON VOLUNTEERS, NOT PAID STAFF, TO CARRY OUT ITS MISSION. BY KEEPING EXPENSES MINIMAL, THE GOAL IS TO MAXIMIZE THE AMOUNT OF GRANTS TO BE PAID OVER TO THE SCHOOL DISTRICT. OFE'S EFFORTS ARE GUIDED BY A MEMORANDUM OF UNDERSTANDING (MOU) BETWEEN OFE AND THE ORONO SCHOOL DISTRICT, WHICH WAS DRAFTED AND APPROVED IN 2021. THE MOU IDENTIFIES THE ROLES AND RESPONSIBILITIES OF EACH PARTY AS THEY RELATE TO THE ONGOING FUNDRAISING AND PHILANTHROPY EFFORTS FOR THE ORONO SCHOOL DISTRICT AND COMMUNITY. OFE RAISES MONIES THROUGH VARIOUS FORMATS ALLOWING DONORS TO ALLOCATE MONEY TO THEIR CHOSEN FUND OF INTEREST. MONEY FROM THESE FUNDS IS THEN GRANTED TO THE SCHOOLS TO BE USED FOR EACH FUND'S INTENDED PURPOSE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $980,265 | $539,211 | +0.8% |
| Expenses | $1,019,552 | $674,858 | +0.5% |
| Net Income | $-39,287 | $-135,647 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LAURA KLOSS | DIRECTOR OF DEVELOPMENT AND DONOR STEWARDSHIP | 40.00 |
Officer
Director
|
$79,035 | $2,437 | $81,472 |
| KATIE HOLLERMAN | BOARD CHAIR | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEXA HANSEN | VICE CHAIR | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATIE PARKS | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| KADEE WATKINS | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| LESLIE LOCKE | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| MEGHAN MAYER | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| AMY MITCHELL | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE SARANTOPOULOS | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| PAUL SPRINGMEYER | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| GAVIN TEMPERO | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| MOLLY WILSON | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $980,265 | $1,019,552 | $3,001,200 | $-39,287 |
| 2024 | $539,211 | $674,858 | $3,497,438 | $-135,647 |
| 2023 | $672,144 | $666,894 | $2,812,726 | $5,250 |
| 2022 | $480,451 | $593,530 | $2,798,636 | $-113,079 |
| 2021 | $744,310 | $416,220 | $2,300,709 | $328,090 |
| 2020 | $-397,382 | $632,269 | $1,730,922 | $-1,029,651 |
| 2019 | $718,827 | $726,054 | $2,840,781 | $-7,227 |
| 2018 | $2,732,783 | $1,014,566 | $3,048,713 | $1,718,217 |
Compare ORONO FOUNDATION FOR EDUCATION with other nonprofits in Minnesota and across the country.