Terra Nova School
- Assets
- $998.6k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 21
- Location
- Maple Lake, MN
- Founding
- 10/2014
- Data as of
- 06/2022
- EIN
- 46-5381834
Organization Overview
Terra Nova School is located in Maple Lake, MN. The organization was established in 2014. 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 06/2022, Terra Nova School employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terra Nova 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, Terra Nova School generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 4.6% per year over the past 8 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
JGESA IS AN ENVIRONMENTALLY FOCUSED PERSONALIZED PROJECT BASED LEARNING SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A SPACE WHERE STUDENTS FEEL COMPELLED TO PONDER THE NATURAL WORLD AND THEIR PLACE IN IT. AS A GROUP OF DEDICATED STAFF, SUPPORTIVE FAMILIES, AND CURIOUS STUDENTS, WE ARE CONFIDENT THAT, TOGETHER, WE CAN CULTIVATE A STRONG LEARNING COMMUNITY OF ENVIRONMENTALLY CONSCIOUS THINKERS AND PROBLEM SOLVERS. SERVED 110 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Zehowski Member | Trustee | 40 | $68,034 |
Les Harrison Treasurer | OfficerTrustee | 40 | $45,889 |
Chris Bot Member | Trustee | 40 | $45,362 |
Kayla Hammer Member | Trustee | 2 | $0 |
Greg Zimmerman Board Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ed Visions Cooperative Salaries/benefi | 6/29/22 | $1,105,325 |
M & M Bus Services Inc Bus Transport | 6/29/22 | $143,386 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,002,553 |
| Investment income | $0 |
| 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 | $2,002,553 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,319,801 |
| Advertising and promotion | $0 |
| Office expenses | $43,229 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $244,120 |
| Travel | $20,951 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,559 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,611 |
| Insurance | $15,832 |
| All other expenses | $0 |
| Total functional expenses | $2,020,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $484,706 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $438,865 |
| 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 | $42,652 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $998,595 |
| Accounts payable and accrued expenses | $293,370 |
| 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 | $0 |
| Total liabilities | $293,370 |
| Net assets without donor restrictions | $705,225 |
| 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 |
| Total liabilities and net assets/fund balances | $705,225 |