ST PAUL, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DESTINATION EDUCATION A SCHOLARSHIP FOUNDATION, founded in 2010, is a small nonprofit in the Education sector that reported $100K in total revenue in fiscal year 2021. Revenue surged 365% from the prior year, signaling strong growth momentum. The organization ran a surplus of $71K, a strong 71% operating margin.
TO PROVIDE SCHOLARSHIPS AND FUNDING OPPORTUNITIES TO YOUTH FOR ACTIVITIES PROMOTING THE FURTHERANCE OF EDUCATION. TO ADVANCE EDUCATION AND SCIENCE, COMBAT COMMUNITY DETERIORATION AND LESSEN THE BURDENS OF GOVERNMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $100,185 | $21,560 | +3.6% |
| Expenses | $29,177 | $31,342 | -0.1% |
| Net Income | $71,008 | $-9,782 | -8.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RACHEL JENNER | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GALE PEDERSON | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVE KILL | TREASURER/SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE KIRCHNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN JENNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MONICA LEEDOM | BOARD MEMBER/GAMBLING MANAGER | 20.00 |
Officer
Director
|
$6,676 | $0 | $6,676 |
| DALE MARISTUEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT MATSON | EXECUTIVE DIRECTOR | 10.00 |
Officer
Director
|
$8,944 | $0 | $8,944 |
| CHARLOTTE OLEIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM OLEIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARISA PECK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS SCHMIDT | BOARD MEMBER | 1.00 |
Director
|
$8,944 | $0 | $8,944 |
| MINDY SCHMIDT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSS SCHMIDT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GWEN BENHAM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB KAYE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $100,185 | $29,177 | $366,473 | $71,008 |
| 2020 | $21,560 | $31,342 | $253,860 | $-9,782 |
| 2019 | $33,988 | $42,384 | $242,440 | $-8,396 |
| 2018 | $16,689 | $45,301 | $214,734 | $-28,612 |
Compare DESTINATION EDUCATION A SCHOLARSHIP FOUNDATION with other nonprofits in Minnesota and across the country.