North Branch Area Education Foundat
Nonprofit profile at a glance
- EIN
- 272029579
- IRS 990-EZ coverage
- 2011–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2010
- Location
- North Branch, MN, USA
- Phone
- 6512386689
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $127,297
- Expenses
- $120,452
- Assets
- $283,068
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
People named in this filing
- JOAN AUDETTE (DIRECTOR)
- TERRY NELSON (DIRECTOR/TRE)
- KIM THEIS (DIRECTOR/PRE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization was organized with a passion for education, and a desire to create a lasting legacy of support for the north branch education community. The organization works with individuals and businesses in the community to identify and provide financial grants supporting educational needs of teachers, schools and students in north branch.
What it reported doing in 2025
This entity maintains a reserve investment fund to provide resources for educational needs within the education community.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94%; rating input score 94
- Program expense ratio: 99%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.4%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 2.35; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 12.3% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 94% of revenue deployed · 99% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $119K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 45/100.