Glacial Hills Elementary School
- Assets
- $937.8k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 45
- Location
- Starbuck, MN
- Founding
- 03/2007
- Data as of
- 06/2023
- EIN
- 06-1780131
Organization Overview
Glacial Hills Elementary School is located in Starbuck, MN. The organization was established in 2007. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Glacial Hills Elementary School employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glacial Hills Elementary 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 06/2023, Glacial Hills Elementary School generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.7m during the year ending 06/2023. 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
PUBLIC EDUCATION OF ELEMENTARY STUDENTS IN GRADES KINDERGARTEN THROUGH 6TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF ELEMENTARY STUDENTS FROM KINDERGARTEN THROUGH 6TH GRADE. SCHOOL FUNDING IS THROUGH THE MINNESOTA DEPARTMENT OF EDUCATION AND THE FEDERAL GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky Anderson Teacher/director | Trustee | 34 | $133,522 |
Jessica Magnuson Chairperson | OfficerTrustee | 3 | $0 |
Aimee Thompason Vice Chairperson | OfficerTrustee | 1 | $0 |
Jesse Wartner Treasurer | OfficerTrustee | 1 | $0 |
Danielle Kulzer-Douvier Secretary | OfficerTrustee | 1 | $0 |
Ashely Boutain Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $141,002 |
| Related organizations | $0 |
| Government grants | $1,471,026 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,539 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,650,567 |
| Total Program Service Revenue | $74,582 |
| Investment income | $1,507 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$18,121 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,710,675 |
| 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. | $234,813 |
| Compensation of current officers, directors, key employees. | $6,204 |
| Compensation to disqualified persons | $123,061 |
| Other salaries and wages | $619,665 |
| Pension plan accruals and contributions | $49,027 |
| Other employee benefits | $52,685 |
| Payroll taxes | $68,266 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,372 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,079 |
| Advertising and promotion | $0 |
| Office expenses | $104,747 |
| Information technology | $5,310 |
| Royalties | $0 |
| Occupancy | $182,269 |
| Travel | $23,697 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $240 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,261 |
| Insurance | $19,946 |
| All other expenses | $0 |
| Total functional expenses | $1,708,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,981 |
| Savings and temporary cash investments | $127,526 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $135,850 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,824 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $183,735 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $359,863 |
| Total assets | $937,779 |
| Accounts payable and accrued expenses | $113,120 |
| Grants payable | $0 |
| Deferred revenue | $2,335 |
| 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 | $1,391,363 |
| Total liabilities | $1,506,818 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$788,122 |
| Paid-in or capital surplus, or land, building, or equipment fund | $183,735 |
| Retained earnings, endowment, accumulated income, or other funds | $35,348 |
| Total liabilities and net assets/fund balances | $937,779 |