Charity Search / CARDINAL ATHLETIC FOUNDATION INC
Education (B112) 990 on File

CARDINAL ATHLETIC FOUNDATION INC

EIN: 20-3616835 · ANNANDALE, MN 55302-1167 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$87K
Total Revenue
$84K
Total Expenses
$42K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 91.5%
Fundraising Efficiency 0.0%
Operating Reserve 5.98x
Liability-to-Asset 0.0%
Revenue Diversification 55.8%
Compared with Peers
FY 2024
Compared with 19,826 similar organizations (United States, Education, under $100K in expenses), FY 2024.
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
91.5% 87.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
8.5% 7.0%
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% 39.6%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.0 mo 19.7 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
55.8% 85.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
-3.8% 1.6%
P10P90
Expense growth
Year over year expense growth
7.3% 0.2%
P10P90
Surplus margin
Surplus as a share of revenue
3.0% 10.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $87K $84K $42K 91.5% 0
2023 $90K $78K $39K 91.1% 0
2022 $73K $85K $28K 94.7% 0
2021 $85K $56K N/A — 1
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Organization Details
EIN
20-3616835
State
MN
City
ANNANDALE
ZIP
55302-1167
Classification
B112
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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