OWATONNA INDEPENDENT SCHOOL DISTRICT NO 761 FOUNDATION (EIN 521612613) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

GREG STROIK

Phone

5074448600

Tax Period

2023-01-01 to 2023-12-31

OWATONNA INDEPENDENT SCHOOL DISTRICT NO 761 FOUNDATION, founded in 1993, is a small nonprofit that reported $408K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $365K left a modest 11% surplus.

Mission

TO ADVANCE, SUPPORT, PROMOTE AND ADMINISTER ACTIVITIES WHICH ENHANCE AND AUGMENT PUBLIC EDUCATIONAL FACILITIES AND OPPORTUNITIES.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $294,542

Program Service Revenue $0

Investment Income $119,905

Other Revenue $-6,413

TOTAL REVENUE $408,034

Expense Breakdown

Grants Paid $328,516

Salaries & Benefits $0

Fundraising Expenses $1,760

Program Expenses $328,516

Other Expenses $36,163

TOTAL EXPENSES $364,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$408,034	$310,642	+0.3%
Expenses	$364,679	$325,797	+0.1%
Net Income	$43,355	$-15,155	-3.9%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
LUCAS ARNDT	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN DRAEGER CATTADORIS	DIRECTOR	1.00	Director	$0	$0	$0
SAMONA GRUBISH	DIRECTOR	1.00	Director	$0	$0	$0
MADELEINE HABERMAN	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA JUDD	DIRECTOR	1.00	Director	$0	$0	$0
PAUL KNUTSON	DIRECTOR	1.00	Director	$0	$0	$0
SARA MCKAY	DIRECTOR	1.00	Director	$0	$0	$0
MARK SEBRING	DIRECTOR	1.00	Director	$0	$0	$0
MARY LARSON	SECRETARY	1.00	Officer	$0	$0	$0
BRUCE PAULSON	CHAIR	1.00	Officer	$0	$0	$0
NICOLE SCHULZ	ASST TREASUR	1.00	Officer	$0	$0	$0
GREG STROIK	TREASURER	1.00	Officer	$0	$0	$0
JANET MITTELSTADT TIPPETT	VICE CHAIR	1.00	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
2024	No data	No data	No data	No data
2023	$408,034	$364,679	$3,478,982	$43,355
2022	$310,642	$325,797	$3,280,342	$-15,155
2021	$296,014	$390,437	$3,948,560	$-94,423
2020	$370,499	$240,386	$4,114,529	$130,113
2019	$252,430	$285,071	$3,768,637	$-32,641
2018	$180,009	$243,544	$3,416,547	$-63,535

OWATONNA INDEPENDENT SCHOOL DISTRICT NO 761 FOUNDATION