City Of Lakes Waldorf School
- Assets
- $3.3m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 94
- Location
- Minneapolis, MN
- Founding
- 02/1990
- Data as of
- 06/2022
- EIN
- 41-1649156
Organization Overview
City Of Lakes Waldorf School is located in Minneapolis, MN. The organization was established in 1990. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, City Of Lakes Waldorf School employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Lakes Waldorf 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 06/2022, City Of Lakes Waldorf School generated $4.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $4.8m during the year ending 06/2022. While expenses have increased by 6.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CHILDHOOD - 8TH BASIC EDUCATION SERVICES.CITY OF LAKES WALDORF SCHOOL PROVIDED EDUCATIONAL SERVICE TO OVER 290 STUDENTS IN THE METRO AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marti Stewart Administrator | OfficerTrustee | 40 | $63,544 |
Nancy Lyons Chair (thru 12/21) | OfficerTrustee | 2 | $0 |
Scott Ackman Treasurer (thru 12/21) | OfficerTrustee | 2 | $0 |
Melissa Wright Chair (from 01/22) Parent Assoc Rep (thru 12/21) | OfficerTrustee | 2 | $0 |
Darryl Bullock At-Large | Trustee | 1 | $0 |
Mark Coffey Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $80,973 |
| Related organizations | $0 |
| Government grants | $245,217 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,007 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $422,197 |
| Total Program Service Revenue | $4,281,382 |
| Investment income | $2,777 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $25,085 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,345 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,736,786 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $518,777 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $150,027 |
| Compensation of current officers, directors, key employees. | $30,827 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,502,156 |
| Pension plan accruals and contributions | $28,328 |
| Other employee benefits | $265,657 |
| Payroll taxes | $199,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $973 |
| Fees for services: Accounting | $30,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $134,459 |
| Advertising and promotion | $8,523 |
| Office expenses | $61,792 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $287,170 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,777 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $147,893 |
| Insurance | $22,563 |
| All other expenses | $74,265 |
| Total functional expenses | $4,841,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $888,014 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $146,053 |
| Accounts receivable, net | $158,218 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $29,662 |
| Prepaid expenses and deferred charges | $12,104 |
| Net Land, buildings, and equipment | $2,089,906 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,323,957 |
| Accounts payable and accrued expenses | $84,898 |
| Grants payable | $0 |
| Deferred revenue | $176,323 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $261,221 |
| Net assets without donor restrictions | $2,824,051 |
| Net assets with donor restrictions | $238,685 |
| 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 | $3,323,957 |