Way Of The Shepherd
- Assets
- $985.3k
- Revenue
- $773.7k
- Investments
- $0.0
- Employees
- 30
- Location
- Minneapolis, MN
- Founding
- 11/2000
- Data as of
- 06/2023
- EIN
- 41-1916137
Organization Overview
Way Of The Shepherd is located in Minneapolis, MN. The organization was established in 2000. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Way Of The Shepherd employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Way Of The Shepherd 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 06/2023, Way Of The Shepherd generated $773.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $707.5k during the year ending 06/2023. While expenses have increased by 4.8% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A ROMAN CATHOLIC MONTESSORI EDUCATION TO CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL THROUGH GRADE 7 EDUCATIONAL PROGRAM. 88 STUDENTS BENEFITED FROM THIS PROGRAM IN THE 2019/2020 FISCAL SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nadine Furness Board Member | Trustee | 1 | $0 |
Sheri Rylicki Operations Manager | Trustee | 10 | $0 |
Chris Gams Treasurer | OfficerTrustee | 1 | $0 |
FR David Blume Board Member | OfficerTrustee | 1 | $0 |
Joann Schulzetenberg Directot Of Pedagogy | OfficerTrustee | 50 | $0 |
Thaddeus Arrowsmith President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $172,080 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $298,764 |
| Total Program Service Revenue | $351,550 |
| Investment income | $1,960 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $96,328 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $773,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,461 |
| Compensation of current officers, directors, key employees. | $48,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $417,516 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,569 |
| Payroll taxes | $37,594 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $423 |
| Fees for services: Accounting | $9,853 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $325 |
| Advertising and promotion | $6,120 |
| Office expenses | $11,812 |
| Information technology | $3,882 |
| Royalties | $0 |
| Occupancy | $18,791 |
| Travel | $298 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,884 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,454 |
| Insurance | $15,128 |
| All other expenses | $27,394 |
| Total functional expenses | $707,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,271 |
| Savings and temporary cash investments | $227,473 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $719,390 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,178 |
| Total assets | $985,312 |
| Accounts payable and accrued expenses | $9,380 |
| Grants payable | $0 |
| Deferred revenue | $36,970 |
| 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 | $443,479 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,178 |
| Total liabilities | $500,007 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $485,305 |
| Total liabilities and net assets/fund balances | $985,312 |