MISSOURI RIVER EDUCATIONAL COOPERA… - Form 990 Financial Data

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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

2014

Legal Domicile

Principal Officer

LUKE SCHAEFER

Phone

7017514043

Tax Period

2023-07-01 to 2024-06-30

MISSOURI RIVER EDUCATIONAL COOPERATIVE FOUNDATION, founded in 2014, is a small nonprofit in the Education sector that reported $331K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $100K, a strong 30% operating margin.

Mission

TO ENHANCE AND EXPAND PROGRAMS AND SERVICES TO SCHOOLS IN THE REGION.

Program Service Accomplishments

Program 1

Expenses: $231,350

AWARD GRANTS TO CHARITABLE ORGANIZATIONS TO SUPPORT EDUCATION IN THE CENTRAL REGION OF NORTH DAKOTA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $331,362

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $331,362

Expense Breakdown

Grants Paid $226,100

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $231,350

Other Expenses $5,250

TOTAL EXPENSES $231,350

Year-over-Year Comparison

	2023	2022	Change
Revenue	$331,362	$364,164	-0.1%
Expenses	$231,350	$374,164	-0.4%
Net Income	$100,012	$-10,000	-11.0%

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
LUKE SCHAEFER	DIRECTOR	1.00	Director	$0	$0	$0
BRANDT DICK	DIRECTOR	1.00	Director	$0	$0	$0
ALISSA THIELE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WAYNE STANLEY	DIRECTOR	1.00	Director	$0	$0	$0
ERIN OBAN	PRESIDENT	1.00	Officer Director	$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	No data	No data	No data	No data
2024	$331,362	$231,350	$108,903	$100,012
2023	$364,164	$374,164	$8,891	$-10,000

MISSOURI RIVER EDUCATIONAL COOPERATIVE FOUNDATION