Rails Endowment for Academic Art and Athletic Dev

EIN: 770672002 501(c)(3) Education

Proctor, MN

Total Revenue
$88,469
Total Expenses
$26,075
Total Assets
$734,629
Net Assets
$734,629
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MN
Phone
2184280098
Tax Period
2024-07-01 to 2025-06-30

Rails Endowment for Academic Art and Athletic Dev, founded in 2013, is a micro nonprofit in the Education sector that reported $88K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $62K, a strong 71% operating margin.

Mission

To enable life enriching academic, art, and athletic activities which cannot rely on traditional educational funding. It reaches these goals by holding fundraising activities.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $43,686
Program Service Revenue $0
Investment Income $13,616
Other Revenue $31,167
TOTAL REVENUE $88,469

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,802
Other Expenses $26,075
TOTAL EXPENSES $26,075

Year-over-Year Comparison

2024 2023 Change
Revenue $88,469 $192,355 -0.5%
Expenses $26,075 $33,225 -0.2%
Net Income $62,394 $159,130 -0.6%
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

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Louise Lind Board Member 5.00
Director
$0 $0 $0
Shelly Vanneste Board Member 5.00
Director
$0 $0 $0
Janelle Gomez Board Member 5.00
Director
$0 $0 $0
Connie Stanley Board Member 5.00
Director
$0 $0 $0
Kelly Okstad Board Member 5.00
Director
$0 $0 $0
Christy Strohm Board Member 5.00
Director
$0 $0 $0
Rory Johnson Board Member 5.00
Director
$0 $0 $0
Roxanne Bijold Board Member 5.00
Director
$0 $0 $0
Gordy Westendorf Board Member 5.00
Director
$0 $0 $0
Russel Habermann Board Member 5.00
Director
$0 $0 $0
Ryan Krajewski Board Member 5.00
Director
$0 $0 $0
Sherm Carlson President 5.00
Officer
$0 $0 $0
Barbara Steen Vice President 5.00
Officer
$0 $0 $0
Lynn Peterson Secretary 5.00
Officer
$0 $0 $0
Jim Ward Treasurer 5.00
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
2025 $88,469 $26,075 $734,629 $62,394
2024 No data No data No data No data
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Rails Endowment for Academic Art and Athletic Dev with other nonprofits in Minnesota and across the country.