Bluesky Charter School
- Assets
- $6.9m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 82
- Location
- Bloomington, MN
- Founding
- 06/2006
- Data as of
- 06/2021
- EIN
- 41-1965774
Organization Overview
Bluesky Charter School is located in Bloomington, MN. The organization was established in 2006. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Bluesky Charter School employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bluesky Charter 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, Bluesky Charter School generated $6.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $7.1m during the year ending 06/2021. While expenses have increased by 7.0% 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
BRINGING QUALITY ONLINE EDUCATION AND DIVERSE LEARNERS TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUESKY CHARTER SCHOOL IS DEFINING EDUCATION FOR THE 21ST CENTURY BY CREATING AN INDIVIDUALIZED, DYNAMIC EDUCATION FOR ALL STUDENTS. WE ARE COMMITTED TO EMPOWERING OUR COMMUNITY BY FACILITATING RELEVANT LEARNING, SKILLS, HOPES, AND RELATIONSHIPS. OUR UNIQUE PERSONAL APPROACH TO ONLINE LEARNING IS UNMATCHED BY OTHER SCHOOLS. OUR THREE-PERSON TEAMS OF CARING PROFESSIONALS OFFER STUDENTS THE SUPPORT AND ONE-ON-ONE ATTENTION THEY NEED TO SUCCEED. BLUESKY CHARTER SCHOOL PROVIDES EDUCATIONL PROGRAMS FOR GRADES 7-12 IN COMPLIANCE WITH MINNESOTA PUBLIC EDUCATION. DURING THE FISCAL YEAR ENDED JUNE 30, 2021 THE SCHOOL SERVED AN ESTIMATED 563 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Johnson Secretary | OfficerTrustee | 40 | $56,200 |
Heidi Kelbel Member | Trustee | 40 | $55,854 |
Matthew Schempp Member | Trustee | 40 | $53,036 |
Judy Pekarek Treasurer | OfficerTrustee | 5 | $0 |
Jim Stocco Chair | OfficerTrustee | 5 | $0 |
Sanda Meinerts Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $305,695 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,288 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $306,983 |
| Total Program Service Revenue | $6,599,378 |
| Investment income | $242 |
| 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 | $6,906,603 |
| 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. | $399,257 |
| Compensation of current officers, directors, key employees. | $130,501 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,956,035 |
| Pension plan accruals and contributions | $375,982 |
| Other employee benefits | $452,133 |
| Payroll taxes | $323,891 |
| Fees for services: Management | $36,229 |
| Fees for services: Legal | $16,983 |
| Fees for services: Accounting | $99,207 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,594 |
| Advertising and promotion | $0 |
| Office expenses | $149,702 |
| Information technology | $269,912 |
| Royalties | $0 |
| Occupancy | $345,753 |
| Travel | $954 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,315 |
| Interest | $0 |
| Payments to affiliates | $44,446 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $26,968 |
| All other expenses | $0 |
| Total functional expenses | $7,082,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,642,998 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,088,830 |
| 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 | $596,657 |
| Net Land, buildings, and equipment | $200,497 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,383,515 |
| Total assets | $6,912,497 |
| Accounts payable and accrued expenses | $545,747 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $9,457,179 |
| Total liabilities | $10,002,926 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$3,300,849 |
| Paid-in or capital surplus, or land, building, or equipment fund | $200,497 |
| Retained earnings, endowment, accumulated income, or other funds | $9,923 |
| Total liabilities and net assets/fund balances | $6,912,497 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Woodbury Leadership Academy Woodbury, MN | $4,350,331 | $5,912,313 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Barr Center St Louis Park, MN | $8,287,138 | $8,108,042 |
Great Mn Schools Minneapolis, MN | $411,897 | $3,619,260 |
Iowa Western Community College Foundation Council Bluffs, IA | $36,011,501 | $4,880,435 |
West River Foundation Sturgis, SD | $7,568,333 | $3,921,124 |
Sicangu Owayawa Oti-Rosebud Dormitory Mission, SD | $5,924,789 | $2,325,210 |