CARDBOARD CARES

EIN: 873354052 501(c)(3) Arts, Culture & Humanities

ALEXANDRIA, MN

Total Revenue
$474,863
Total Expenses
$460,428
Total Assets
$149,347
Net Assets
$93,555
🔒

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
2022
Legal Domicile
MN
Principal Officer
PHILIP KRAFT
Phone
3203109306
Tax Period
2024-01-01 to 2024-12-31

CARDBOARD CARES, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $475K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $460K left a modest 3% surplus.

Mission

TO PROVIDE FINANCIAL SUPPORT FOR TEACHING ARTISTS WHO OFFER ENGAGING VISUAL ART CLASSES AND DONATE ART SUPPLIES TO CHILDREN IN NEED IN OUR REGION.

🔒

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 $1,600
Program Service Revenue $448,844
Investment Income $24,419
Other Revenue $0
TOTAL REVENUE $474,863

Expense Breakdown

Grants Paid $0
Salaries & Benefits $219,451
Fundraising Expenses $0
Program Expenses $426,972
Other Expenses $240,977
TOTAL EXPENSES $460,428

Year-over-Year Comparison

2024 2023 Change
Revenue $474,863 $248,771 +0.9%
Expenses $460,428 $225,499 +1.0%
Net Income $14,435 $23,272 -0.4%
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
3
Independent Members
N/A
Employees
8
Volunteers
N/A

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
$122,167
Total Directors
3
$122,167
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIP KRAFT PRESIDENT 40.00
Officer Director
$81,667 $0 $81,667
CHANDA KRAFT TREASURER 2.00
Officer Director
$22,500 $0 $22,500
KYLER KEEHR SECRETARY 20.00
Officer Director
$18,000 $0 $18,000
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 No data No data No data No data
2024 $474,863 $460,428 $149,347 $14,435
2023 $248,771 $225,499 $129,639 $23,272
2022 $293,039 $237,191 $83,340 $55,848
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CARDBOARD CARES with other nonprofits in Minnesota and across the country.