FRIENDS OF WLA

EIN: 851396456 501(c)(3) Education

WOODBURY, MN

Total Revenue
$1,407,308
Total Expenses
$1,397,637
Total Assets
$25,451,747
Net Assets
$1,525,113
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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
2021
Legal Domicile
MN
Principal Officer
BEN BRODERICK
Phone
6515712100
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF WLA, founded in 2021, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024.

Mission

TO SUPPORT THE MISSION AND VISION OF WOODBURY LEADERSHIP ACADEMY THROUGH THE OWNERSHIP OF REAL PROPERTY.

Program Service Accomplishments

Program 1
Expenses: $1,397,637 Revenue: $1,314,600

FRIENDS OF WOODBURY LEADERSHIP ACADEMY OWNS AND MAINTAINS REAL PROPERTY TO LEASE TO WOODBURY LEADERSHIP ACADEMY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,314,600
Investment Income $92,708
Other Revenue $0
TOTAL REVENUE $1,407,308

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,397,637
Other Expenses $1,397,637
TOTAL EXPENSES $1,397,637

Year-over-Year Comparison

2024 2023 Change
Revenue $1,407,308 $1,346,912 +0.0%
Expenses $1,397,637 $1,668,283 -0.2%
Net Income $9,671 $-321,371 -1.0%
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

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Governance

Voting Members
3
Independent Members
1
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
$200,716
Total Directors
3
$200,716
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN BRODERICK CHAIR/FACILITIES DIRECTOR 1.00
Officer Director
$0 $17,539 $136,452
ASHLEY BARTHEL TREASURER/TEACHER 1.00
Officer Director
$0 $5,498 $64,264
DIANE THIEGS SECRETARY 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 $1,407,308 $1,397,637 $25,451,747 $9,671
2024 $1,346,912 $1,668,283 $25,944,041 $-321,371
2023 $1,330,540 $1,145,300 $26,088,972 $185,240
2022 $1,075,617 $1,141,990 $27,072,559 $-66,373
2021 $2,950,011 $1,232,065 $25,796,600 $1,717,946
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