Brainerd Public Schools Foundation EIN 36-3542673 Form 990 (PDF) Claim this org

Brainerd Public Schools Foundation

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Provides students with quality opportunities in academics, arts, activities, and athletics. For fiscal year 2025 it reported $690K in revenue, $292K in expenses, and $4.5M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Brainerd, MN
Website
bpsf.org
Filings
6 on file (2020–2025)
Revenue
$690KFY2025
Expenses
$292K
Net assets
$4.5M
People
16
Filings
6
Updates
0
More identity details & actions ⌄
EIN  36-3542673 Public charity (501(c)(3)) Brainerd, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides students with quality opportunities in academics, arts, activities, and athletics.
Leadership
Jessica Gangl · Executive Di · $52K
Money in and out
$690K revenue, $292K expenses
Bottom line
63% program efficiency
Where the money goes · FY2025
Total revenue
$690K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$4.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $398K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.13 Fundraising $0.24
Program efficiency
63%
of spending reaches programs▼ -15% vs prior filing year
Operating runway
10.6mo
months of highly liquid reserves at operating expense rate▼ -3% vs prior filing year
Surplus margin
+58%
revenue over expenses, this year▼ -3% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$690K
FY2025▼ -15%
Expenses
$292K
FY2025▼ -11%
Total assets
$4.6M
FY2025▲ +13%
Total liabilities
$19K
FY2025▼ -87%
Total revenue
$690K
Pt VIII · Ln 12
Total expenses
$292K
Pt IX · Ln 25
Net assets
$4.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$398K
Total assetsPt X · Ln 16$4.6M
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrainerd Public Schools Foundation
EINHdr · item D36-3542673
Principal addressHdr · item CBrainerd, MN
WebsiteHdr · item Jbpsf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B24I)
Ruling yearIRS BMFJan 1988

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Di
$51,805Pt VII · Sec A
Marketing/Ad
$29,423Pt VII · Sec A
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jessica Gangl’s $52K as Executive Di is at the 44th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jessica Gangl$51,805$47,516$45,871$40,342$39,360$37,787
Stefanie Devries$29,423$25,355
Amber Schlegel$19,422$26,261$24,341$24,530

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

2 program services account for $182K of program spending, described in the organization's own filed words · FY2024.
01

To solicit and otherwise procure corporate, individual, group, and foundation donations for the purpose of providing grants to brainerd public school programs and students.

$182Kprogram expense
02

Held brainerd public schools senior recognition night to award scholarships to brainerd high school seniors.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$413K · 60%
Investment income$171K · 25%
Other revenue$102K · 15%
Program service revenue$5K · 1%
Contributions & grants60%$413K
Investment income25%$171K
Other revenue15%$102K
Program service revenue1%$5K
— government grantsLn 1e$5K
Total revenueLn 12$690K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.13 Fundraising $0.24
Program services63%$183K
Management & general13%$38K
Fundraising24%$71K
Total functional expensesLn 25$292K

Balance Sheet

Part X · end of year
CashLn 1$258K
Total assetsLn 16$4.6M
Total liabilitiesLn 26$19K
Total net assetsLn 32$4.5M
Months of cash on handcomputed10.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $258K · Operating expenses/yr $292K
10.6 months
Where the money goes
Program services
Program services $183K · Total expenses $292K
63%
Management & General
Management & general $38K · Total expenses $292K
13%
Fundraising
Fundraising $71K · Total expenses $292K
24%
Cost to raise $1
Fundraising expense (3-yr avg) $50K · Solicited contributions (3-yr avg) $404K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $413K · Total revenue $690K
60%
Government reliance
Government grants $5K · Total revenue $690K
0.7%
Earned-income share
Program service revenue $5K · Total revenue $690K
0.7%
Investment reliance
Investment income $171K · Total revenue $690K
+25%
Program self-sufficiency
Program service revenue $5K · Total expenses $292K
2%
Growth & trend
Revenue growth (YoY)
This year $690K · Prior year $809K
-15%
Revenue CAGR
FY2019 $363K · FY2024 $690K
+14%
Net-asset trend (YoY)
End of year $4.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $690K · Expenses $292K
+58%
Liabilities-to-Assets
Total liabilities — · Total assets $4.6M
Net-asset ratio
Net assets $4.5M · Total assets $4.6M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jessica Gangl · Reported title EXECUTIVE DI · Highest reported compensation $52K · Total expenses $292K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $92K · Total expenses $292K
31%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 13%
Fundraising cost ratio 17%
Revenue growth -15%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$88K
Grants paid · 20 grants · $1.4M · 2019–2024
Unitemized GrantFY2024$153,595
Isd 181FY2024$8,025
Unitemized GrantFY2023$163,967
Isd 181FY2023$49,719
Unitemized GrantFY2023$11,546
Unitemized GrantFY2022$128,240
Isd 181FY2022$34,154
Unitemized GrantFY2022$8,047
Unitemized GrantFY2021$105,530
Unitemized GrantFY2021$105,530
Isd 181FY2021$58,852
Isd 181FY2021$58,852
Unitemized GrantFY2021$26,968
Unitemized GrantFY2021$16,968
Isd 181FY2020$233,397
Unitemized GrantFY2020$107,735
Unitemized GrantFY2020$13,830
Unitemized GrantFY2019$83,775
See all 20 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$690K revenue · viewing · ⤓ 990 PDF
FY2024$809K revenue · ⤓ 990 PDF
FY2023$443K revenue · ⤓ 990 PDF
FY2022$782K revenue · ⤓ 990 PDF
FY2021$538K revenue · ⤓ 990 PDF
FY2020$363K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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