WONDERFUL FOUNDATIONS

EIN: 832252772 501(c)(3) Education

MINNEAPOLIS, MN

Total Revenue
$22,902,884
Total Expenses
$28,252,254
Total Assets
$322,572,289
Net Assets
$-11,331,255
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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
2018
Legal Domicile
OR
Principal Officer
TROY SNYDER
Phone
6129868532
Tax Period
2022-01-01 to 2022-12-31

WONDERFUL FOUNDATIONS, founded in 2018, is a mid-sized nonprofit in the Education sector that reported $22.9M in total revenue in fiscal year 2022. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $28.3M exceeded revenue, resulting in a 23% operating deficit.

Mission

PROVIDE PHILANTHROPIC FUNDING FOCUSED SPECIFICALLY ON CHARTER SCHOOLS AND THEIR STUDENTS.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $12,510
Program Service Revenue $21,992,972
Investment Income $929,195
Other Revenue $-31,793
TOTAL REVENUE $22,902,884

Expense Breakdown

Grants Paid $323,061
Salaries & Benefits $0
Fundraising Expenses $106,743
Program Expenses $27,755,447
Other Expenses $27,929,193
TOTAL EXPENSES $28,252,254

Year-over-Year Comparison

2022 2021 Change
Revenue $22,902,884 $18,325,687 +0.2%
Expenses $28,252,254 $22,149,363 +0.3%
Net Income $-5,349,370 $-3,823,676 +0.4%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TROY SNYDER CHAIR 20.00
Officer Director
$0 $0 $0
JOHN CAIRNS SECRETARY 17.00
Officer Director
$0 $0 $0
PARKER LYONS TREASURER 1.00
Officer Director
$0 $0 $0
ERIC KNOX DIRECTOR 1.00
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
2022 $22,902,884 $28,252,254 $322,572,289 $-5,349,370
2021 $18,325,687 $22,149,363 $335,018,950 $-3,823,676
2020 $5,736,620 $6,873,959 $217,015,170 $-1,137,339
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