Education
(B84Z)
IRS Verified
DX Registered
990 on File
THIEF RIVER FALLS EDUCATION FOUNDATION
Financial strength (30%)
88/100
Reliability (20%)
55/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The Thief River Falls Education Foundation exists to promote innovative educational opportunities in School District #564 through partnerships involving alumni, parents, educators, businesses, and the greater community.
Financial Overview — FY 2023
$449K
Total Revenue
$482K
Total Expenses
$2.7M
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.1%
Fundraising Efficiency
0.0%
Operating Reserve
67.04x
Liability-to-Asset
0.3%
Revenue Diversification
72.6%
Executive Compensation
$64K
Compared with Peers
FY 2023
Compared with 21,283 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.1% | 88.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.9% | 8.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 1.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
67.0 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.3% | 0.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
72.6% | 90.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
4.1% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.8% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.3% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $449K | $482K | $2.7M | 89.1% | 5 |
| 2022 | $431K | $431K | $2.6M | 87.0% | 2 |
| 2021 | $332K | $373K | N/A | — | 3 |
| 2020 | $246K | $375K | N/A | — | 3 |
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