Wayzata Education Fund

Nonprofit profile at a glance

EIN
921473670
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Plymouth, MN, USA
Phone
6126007230
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$126,432
Expenses
$87,874
Assets
$109,196

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

People named in this filing

  • SARA GRIFFIN (CHAIR)
  • DAWN ZOUBER (VICE CHAIR)
  • JEN GRUDNOWSKI (SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The wayzata education fund raises funds to enrich and support the educational experience for students and staff within wayzata public schools.

What it reported doing in 2024

The wayzata education fund provides grants for wayzata public schools staff that are outside of the district budget and partners with the district to support health and wellness initiatives.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 100
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.5%; rating input score 63
  • Program expense ratio: 90.3%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 30.5%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 1.24; rating input score 66; 66th 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: 37.3% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 26.6% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 42.9% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 63.5% of revenue deployed · 90.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $79K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.