District 742 Local Education & Activities Foundation is a 501(c)(3) organization based in Saint Cloud, Minnesota, registered in 1995, with $491,784 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$492K
▲ 21.6% vs prior year
Community median: $184K
Expenses (FY2024)
$390K
Net assets
$2.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for District 742 Local Education & Activities Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For District 742 Local Education & Activities Foundation: 76 mo reserves · +21% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for District 742 Local Education & Activities Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For District 742 Local Education & Activities Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $256K (FY2013) to $492K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
20.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$133
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $491,784▲21.6% | $389,996▲7.7% | $2,481,343▲8.8% | $2,481,476▲8.1% | 990 |
| 2023 | $404,292▼33.7% | $361,993▲11.1% | $2,280,989▲13.5% | $2,294,927▲13.2% | 990 |
| 2022 | $609,641▲71.0% | $325,809▼5.5% | $2,009,286▼7.6% | $2,028,115▼7.2% | 990 |
| 2021 | $356,575▼51.2% | $344,921▲32.6% | $2,174,794▲7.5% | $2,185,726▲7.4% | 990 |
| 2020 | $730,621▲140% | $260,135▼16.7% | $2,022,906▲40.9% | $2,034,912▲40.1% | 990 |
| 2019 | $303,876▲12.0% | $312,266▲31.7% | $1,436,194▲14.3% | $1,452,311▲14.5% | 990 |
| 2018 | $271,397▼31.3% | $237,071▲7.5% | $1,255,970▼9.2% | $1,268,371▼9.2% | 990 |
| 2017 | $395,137▲80.3% | $220,584▲9.9% | $1,383,639▲27.5% | $1,396,488▲27.9% | 990 |
| 2016 | $219,122▼40.4% | $200,778▼14.4% | $1,085,627▲5.6% | $1,091,951▲5.6% | 990 |
| 2015 | $367,703▼0.8% | $234,541▲1.7% | $1,027,590▼2.4% | $1,034,031▼3.1% | 990 |
| 2014 | $370,825▲44.6% | $230,707▲1.5% | $1,052,584▲14.0% | $1,067,039▲14.0% | 990 |
| 2013 | $256,418 | $227,199▲9.4% | $923,117▲13.0% | $935,939▲13.0% | 990 |
| 2012 | — | $207,716▲16.8% | $816,945▲25.3% | $828,446▲26.5% | 990 |
| 2011 | — | $177,816▲30.2% | $652,058▼2.3% | $654,859▼2.1% | 990 |
| 2010 | — | $136,613 | $667,311 | $669,163 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to District 742 Local Education & Activities Foundation totaling $6,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Public, societal benefit | 2019 | $6,000 |
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Data for District 742 Local Education & Activities Foundation (EIN 41-1770753) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.