Park Rapids Education & Activities Foundation Incorporated is a 501(c)(3) organization based in Park Rapids, Minnesota, registered in 1992, with $77,749 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$78K
▲ 27.6% vs prior year
Expenses (FY2024)
$41K
Net assets
$421K
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 Park Rapids Education & Activities Foundation Incorporated— 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 Park Rapids Education & Activities Foundation Incorporated: 123 mo reserves · +47% 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 Park Rapids Education & Activities Foundation Incorporated— 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 Park Rapids Education & Activities Foundation Incorporated: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $47K (FY2015) to $78K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
47.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$421K
Total liabilities
$0
Net assets
$421K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $77,749▲27.6% | $41,022▼39.0% | $420,835▲11.3% | $420,835▲11.3% | 990EZ |
| 2023 | $60,948▼16.0% | $67,251▲50.9% | $378,162▲4.0% | $378,162▲4.0% | 990EZ |
| 2022 | $72,575▼15.2% | $44,570▲9.4% | $363,755▼3.9% | $363,755▼3.9% | 990EZ |
| 2021 | $85,595▲18.8% | $40,759 | $378,357▲13.4% | $378,357▲13.4% | 990EZ |
| 2020 | $72,077▼17.7% | $40,745▼27.9% | $333,521▲10.4% | $333,521▲10.4% | 990EZ |
| 2019 | $87,547▲9.7% | $56,477▼19.8% | $302,189▲11.5% | $302,189▲11.5% | 990EZ |
| 2018 | $79,790▼18.0% | $70,392▲85.8% | $271,119▲3.1% | $271,119▲3.1% | 990EZ |
| 2017 | $97,279▲62.0% | $37,890▲0.7% | $263,024▲29.2% | $263,024▲29.2% | 990EZ |
| 2016 | $60,050▲28.9% | $37,609▼33.8% | $203,635▲11.5% | $203,635▲11.5% | 990EZ |
| 2015 | $46,594 | $56,770 | $182,672 | $182,672 | 990EZ |
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 Park Rapids Education & Activities Foundation Incorporated totaling $8,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Sanford | Education/workforce development | 2021 | $8,000 |
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Data for Park Rapids Education & Activities Foundation Incorporated (EIN 41-1704411) 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.