Adler Graduate School
- Assets
- $7.5m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 69
- Location
- Minnetonka, MN
- Founding
- 10/1970
- Data as of
- 06/2021
- EIN
- 41-0970173
Organization Overview
Adler Graduate School is located in Minnetonka, MN. The organization was established in 1970. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Adler Graduate School employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adler Graduate School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Adler Graduate School generated $4.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $3.9m during the year ending 06/2021. While expenses have increased by 0.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PREPARING MENTAL HEALTH AND HUMAN SERVICES PROFESSIONALS WITH A STRONG ADLERIAN FOUNDATION TO FOSTER ENCOURAGEMENT, COLLABORATION, AND A SENSE OF BELONGING TO THE INDIVIDUALS, FAMILIES, AND CULTURALLY DIVERSE COMMUNITIES THEY SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2020-21 ACADEMIC YEAR, ADLER GRADUATE SCHOOL HAD AN AVERAGE OF 273 ENROLLED STUDENTS. THESE STUDENTS WERE SEEKING A MASTER'S DEGREE OR POST-BACCALAUREATE CERTIFICATE IN ADLERIAN PSYCHOTHERAPY AND COUNSELING OR COMPLETING THE REQUIRED COURSEWORK FOR LPCC LICENSURE IN THE STATE OF MINNESOTA. DURING THE 2020-21 ACADEMIC YEAR, 80 STUDENTS RECEIVED MASTER'S DEGREES AND 4 STUDENTS RECEIVED CERTIFICATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Allen President | Officer | 40 | $175,420 |
Solange Ribeiro Chief Academic Officer | 40 | $122,458 | |
Craig Balfany Program Chair For Art Therapy | 40 | $106,344 | |
Janica Austad Chair | OfficerTrustee | 1 | $0 |
John Sweeney Treasurer | OfficerTrustee | 1 | $0 |
Collins Byrd Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $920,409 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $926,297 |
| Total Program Service Revenue | $3,619,667 |
| Investment income | $2,126 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,565,332 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $48,748 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,689 |
| Compensation of current officers, directors, key employees. | $169,689 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,292,290 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $176,590 |
| Payroll taxes | $206,620 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $129,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,177 |
| Advertising and promotion | $181,569 |
| Office expenses | $65,308 |
| Information technology | $53,389 |
| Royalties | $0 |
| Occupancy | $211,581 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $109,506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,081 |
| Insurance | $30,930 |
| All other expenses | $0 |
| Total functional expenses | $3,869,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $633,196 |
| Savings and temporary cash investments | $2,443,065 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $105,935 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $113,686 |
| Net Land, buildings, and equipment | $4,174,066 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,469,948 |
| Accounts payable and accrued expenses | $18,843 |
| Grants payable | $0 |
| Deferred revenue | $70,348 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,380,377 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $325,712 |
| Total liabilities | $2,795,280 |
| Net assets without donor restrictions | $4,633,240 |
| Net assets with donor restrictions | $41,428 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,469,948 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Adler Graduate School has recieved totaling $127.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $127 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Krell Institute Inc Ames, IA | $2,185,280 | $14,305,955 |
Duluth Graduate Medical Education Council Inc Duluth, MN | $4,803,601 | $7,733,024 |
High School For Recording Arts St Paul, MN | $4,751,970 | $7,549,848 |
Iowa Medical Education Collaborative Des Moines, IA | $0 | $4,983,705 |
United Theological Seminary Of The Twin Cities St Paul, MN | $12,813,883 | $6,235,932 |
Oak Hills Fellowship Inc Bemidji, MN | $7,589,446 | $4,230,819 |
Free Lutheran Theological Seminary Corporation Minneapolis, MN | $16,562,227 | $4,596,740 |
Adler Graduate School Minnetonka, MN | $7,469,948 | $4,565,332 |
Graduate School Of Banking Inc Madison, WI | $1,229,337 | $3,378,911 |
Unitypoint Broadlawns Psychiatry Education Foundation Des Moines, IA | $10,000 | $1,745,792 |
Central Baptist Theological Seminary Plymouth, MN | $4,705,041 | $1,539,130 |
Wildlife Science Center Stacy, MN | $2,424,558 | $1,415,392 |