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Minnesota · Nonprofit

FRIENDS OF EAGLE RIDGE ACADEMY INC

FRIENDS OF EAGLE RIDGE ACADEMY INC (Minnesota) receives grants from 5 organizations whose IRS filings report $98,895 to it, the largest being Advent Angels In My Hair Inc ($67,750). 3 of them have funded it in more than one year.

Revenue FY2025
$141k
Funders on record
5
Grants received
$99k
Net assets
$376k
3/5 repeat funderspeak grant-dependency 29%
01What it does

What Friends of Eagle Ridge Academy Inc does

Mission

Friends of eagle ridge academy (fera), the academy's non-profit foundation, has a sole purpose to financially support eagle ridge academy and sustain it for future generations. With the immense growth of the academy, philanthropy is of the utmost importance. Fera plays an important role in building capacity and cultivating long-lasting relationships. Fera is a certified 501(c)(3) entity under the internal revenue code with accepted donations going to its sole beneficiary eagle ridge academy. All donations from individuals, corporations, grantors, and foundations are accepted and processed through fera.

As stated on its FY2025 Form 990.

Program

  1. Funds are invested in fera's endowment and disbursed directly to the academy for its highest priority needs. Fera is qualified to receive tax-deductible donations, bequests, gifts of stocks and real estate, transfers, and in-kind gifts. It is governed by a board of directors who focus on short- and long-term strategy and planning for the future of eagle ridge academy.

    $40,246 spentof which $40,246 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $40,246.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($131k) Expenses 100 ($125k) Net assets 100 ($22k)2020 Revenue 75 ($99k) Expenses 82 ($102k) Net assets 85 ($19k)2021 Revenue 86 ($113k) Expenses 69 ($87k) Net assets 201 ($45k)2022 Revenue 77 ($102k) Expenses 32 ($39k) Net assets 481 ($107k)2023 Revenue 80 ($106k) Expenses 23 ($28k) Net assets 828 ($185k)2024 Revenue 91 ($120k) Expenses 22 ($27k) Net assets 1242 ($277k)2025 Revenue 108 ($141k) Expenses 43 ($53k) Net assets 1683 ($376k)
2019202020212022202320242025
Revenue (108)Expenses (43)Net assets (1683)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $277k to $376k (+35%).

$22k
$19k
$45k
$107k
$185k
$277k
$376k
2019202020212022202320242025
Total assetsTotal liabilities

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.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

131% of FRIENDS OF EAGLE RIDGE ACADEMY INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$7k
’19
−$3k
’20
$26k
’21
$62k
’22
$77k
’23
$93k
’24
$88k
’25
46
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kelly Schiffman

Executive director

As listed on its FY2025 Form 990.

03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $5k → $12k.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF EAGLE RIDGE ACADEMY INC’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

FRIENDS OF EAGLE RIDGE ACADEMY INC leans on a few funders — its largest provides 69% of grant income and the top three 98%; half comes from just 1 funder.

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

31% 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 FRIENDS OF EAGLE RIDGE ACADEMY INC.

69%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 60% · 2021 70% · 2022 88% · 2023 91% — diversifying over time.

“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

79% of FRIENDS OF EAGLE RIDGE ACADEMY INC's grant income comes from Minnesota funders.

MN
NC
FL

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. $13k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Against its field

FRIENDS OF EAGLE RIDGE ACADEMY INC runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.

Operating margin62% · top quartile
Months of reserve45.5mo · top quartile
Revenue growth (annualized)1% · below the median

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like FRIENDS OF EAGLE RIDGE ACADEMY INC

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

In Minnesota

Nationally

05Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 25%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 1 related entity

  • Eagle Ridge Academy · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF EAGLE RIDGE ACADEMY INC: 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.

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

Questions and answers

Who funds FRIENDS OF EAGLE RIDGE ACADEMY INC?
FRIENDS OF EAGLE RIDGE ACADEMY INC (Minnesota) receives grants from 5 organizations whose IRS filings report $98,895 to it, the largest being Advent Angels In My Hair Inc ($67,750). 3 of them have funded it in more than one year.
How many funders does FRIENDS OF EAGLE RIDGE ACADEMY INC have?
IRS filings report 5 organizations giving $98,895 in grants to FRIENDS OF EAGLE RIDGE ACADEMY INC, 3 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF EAGLE RIDGE ACADEMY INC?
Advent Angels In My Hair Inc is the largest funder on record, with $67,750 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF EAGLE RIDGE ACADEMY INC 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 2019–2025), and the filings of 5 funders 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 October 14, 2026. What this page cannot tell you · view filing