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Minnesota · Nonprofit

EAGLE RIDGE ACADEMY

EAGLE RIDGE ACADEMY (Minnesota) receives grants from 4 organizations whose IRS filings report $196,379 to it, the largest being FRIENDS OF EDUCATION ($168,129). 2 of them have funded it in more than one year.

$21M
Revenue FY2025
4
Funders on record
$196k
Grants received
$392k
Net assets
2/4 repeat funderspeak grant-dependency 0%

Against its field

EAGLE RIDGE ACADEMY is better cushioned than half of the 3,681 education nonprofits its size.

Operating margin−0% · below the median
Months of reserve3.5mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 3,681 education nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($13M) Expenses 100 ($15M) Net assets -5681 ($-3636441)2018 Revenue 113 ($15M) Expenses 115 ($17M) Net assets -8342 ($-5339558)2019 Revenue 116 ($16M) Expenses 100 ($15M) Net assets -4023 ($-2574882)2020 Revenue 117 ($16M) Expenses 100 ($15M) Net assets -4827 ($-3089537)2021 Revenue 125 ($17M) Expenses 109 ($16M) Net assets -5664 ($-3625579)2022 Revenue 145 ($20M) Expenses 121 ($18M) Net assets -3145 ($-2012933)2023 Revenue 142 ($19M) Expenses 125 ($18M) Net assets -808 ($-517218)2024 Revenue 151 ($20M) Expenses 135 ($20M) Net assets 100 ($64k)2025 Revenue 159 ($21M) Expenses 145 ($21M) Net assets 613 ($392k)
'17'18'19'20'21'22'23'24'25
Revenue (159)Expenses (145)Net assets (613)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 94% · 2018 93% · 2019 94% · 2020 95% · 2021 96% · 2022 97% · 2023 90% · 2024 96% · 2025 93%. Grants only. Government contracts and fees sit inside program revenue.

94% of EAGLE RIDGE ACADEMY’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$1.3M
17
$1.7M
18
$872k
19
$877k
20
$699k
21
$1.7M
22
$636k
23
$304k
24
$95k
25
3.5
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $40k → $17k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
$168k
funders
2
2
1
1
2
1
1
1
2

Left out of every figure on this page: $35k from one payer (the payer shares this organization's board, largest Friends of Eagle Ridge Academy Inc). These are real filings, and they are not money EAGLE RIDGE ACADEMY raised.

From the IRS filings of EAGLE RIDGE ACADEMY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

EAGLE RIDGE ACADEMY leans on a few funders — its largest provides 86% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund EAGLE RIDGE ACADEMY.

86%
largest funder
97%
top three
~1
effective funders

Largest funder’s share by year: 2017 72% · 2018 80% · 2019 100% · 2020 100% · 2021 88% · 2022 100% · 2023 100%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

94% of EAGLE RIDGE ACADEMY's grant income comes from Minnesota funders.

NH
MN

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Minnesota out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like EAGLE RIDGE ACADEMY

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

7
board members
71%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 3 related entities

  • Eagle Ridge Academy Affiliated Building Company · exempt
  • Eagle Ridge Academy PTO · exempt
  • Friends of Eagle Ridge Academy Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for EAGLE RIDGE ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds EAGLE RIDGE ACADEMY?
EAGLE RIDGE ACADEMY (Minnesota) receives grants from 4 organizations whose IRS filings report $196,379 to it, the largest being FRIENDS OF EDUCATION ($168,129). 2 of them have funded it in more than one year.
How many funders does EAGLE RIDGE ACADEMY have?
IRS filings report 4 organizations giving $196,379 in grants to EAGLE RIDGE ACADEMY, 2 of which have funded it in more than one year.
Who is the largest funder of EAGLE RIDGE ACADEMY?
FRIENDS OF EDUCATION is the largest funder on record, with $168,129 in grants. The full list of funders is on this page.
How can an organization like EAGLE RIDGE ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing