Stride Academy
- Assets
- $4.5m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 119
- Location
- St Cloud, MN
- Founding
- 10/2005
- Data as of
- 06/2022
- EIN
- 20-1161981
Organization Overview
Stride Academy is located in St Cloud, MN. The organization was established in 2005. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Stride Academy employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stride Academy 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, Stride Academy generated $8.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $7.3m during the year ending 06/2022. While expenses have increased by 0.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRIDE ACADEMY IS A PUBLIC CHARTER SCHOOL THAT AIMS TO BE HIGHLY REGARDED FOR ITS APPROACH TO THE WHOLE CHILD, ITS ACADEMIC EXCELLENCE, AND FOR ITS CONTRIBUTION IN ACTIVELY SERVING AND IMPROVING THE COMMUNITY. STRIDE VALUES EFFECTIVE COMMUNITY COLLABORATION, BUILDING A SENSE OF PHYSICAL, SOCIAL, AND EMOTIONAL WELLBEING AMONG STUDENTS, AND POSITIVE AND CULTURALLY RESPONSIVE PRACTICES THAT INCREASE SCHOOL CONNECTEDNESS. STRIDE STRIVES TO TEACH STUDENTS EFFECTIVE CRITICAL THINKING SKILLS, IN ADDITION TO COMPASSIONATE RESPONSES, AND HIGH EMOTIONAL INTELLIGENCE IN ORDER TO FOSTER SUCCESSFUL LEADERS OF TODAY AND OF THE FUTURE.STRIDE ACADEMY OFFERS INDIVIDUALIZED LEARNING THROUGH FOCUSED AND COLLABORATIVE DIFFERENTIATION PROCESSES, INCLUDING DYSLEXIA PROGRAMMING, ENGLISH LANGUAGE SERVICES, AND SOCIAL EMOTIONAL LEARNING INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Williams Executive Director | Officer | 50 | $132,185 |
Nathan Schwieters Former Member/teacher | 45 | $92,394 | |
Andy Lyman Vice Chair/teacher | OfficerTrustee | 45 | $63,672 |
Suzy Mcintyre Secretary/teacher | OfficerTrustee | 45 | $56,784 |
Sara Fromm Board Chair | OfficerTrustee | 1 | $0 |
Joe Pundsack Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Envirotech Building Services Janitorial Services | 6/29/22 | $139,006 |
New Horizon Food School Lunch Service | 6/29/22 | $281,982 |
Bergankdv Financial Management | 6/29/22 | $116,418 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,531,620 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,919 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,578,539 |
| Total Program Service Revenue | $11,726 |
| Investment income | $344 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $25 |
| 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 | -$1,305 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,594,505 |
| 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. | $293,242 |
| Compensation of current officers, directors, key employees. | $133,440 |
| Compensation to disqualified persons | $114,760 |
| Other salaries and wages | $3,182,816 |
| Pension plan accruals and contributions | $248,309 |
| Other employee benefits | $289,961 |
| Payroll taxes | $299,200 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,085 |
| Fees for services: Accounting | $134,593 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $422,503 |
| Advertising and promotion | $0 |
| Office expenses | $82,920 |
| Information technology | $115,943 |
| Royalties | $0 |
| Occupancy | $1,321,159 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,422 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,973 |
| Insurance | $32,545 |
| All other expenses | $40,849 |
| Total functional expenses | $7,282,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,020 |
| Savings and temporary cash investments | $726,594 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,331,338 |
| 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 | $9,724 |
| Net Land, buildings, and equipment | $393,062 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,747,984 |
| Total assets | $4,457,722 |
| Accounts payable and accrued expenses | $438,089 |
| Grants payable | $0 |
| Deferred revenue | $5,609 |
| 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 | $57,142 |
| Other liabilities | $6,585,839 |
| Total liabilities | $7,086,679 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$3,022,019 |
| Paid-in or capital surplus, or land, building, or equipment fund | $393,062 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,457,722 |