Swan River Montessori Charter School
- Assets
- $1.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 46
- Location
- Monticello, MN
- Founding
- 02/2005
- Data as of
- 06/2021
- EIN
- 20-1452996
Organization Overview
Swan River Montessori Charter School is located in Monticello, 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 06/2021, Swan River Montessori Charter School employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swan River Montessori 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, Swan River Montessori Charter School generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. While expenses have increased by 2.2% 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
TO PROVIDE AN AUTHENTIC MONTESSORI EDUCATION TO CHILDREN FROM 33 MONTHS THROUGH GRADE SIX.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTESSORI EDUCATION PROGRAM FOR EARLY CHILDHOOD AND ELEMENTARY GRADES K-6: SWAN RIVER MONTESSORI CHARTER SCHOOL IS THE FIRST AND ONLY PUBLIC MONTESSORI SCHOOL IN WRIGHT COUNTY MINNESOTA. THE SCHOOL FIRST OPENED FOR THE 2005-06 ACADEMIC YEAR AND PROVIDES AND AUTHENTIC MONTESSORI EDUCATION FOR CHILDREN FROM 33 MONTHS THROUGH GRADE SIX. IN THE 2020-2021 SCHOOL YEAR 137 STUDENTS WERE SERVED. SWAN RIVER'S CHARTER SCHOOL SPONSOR IS NATIONALLY RECOGNIZED AUDUBON CENTER OF THE NORTH WOODS. THE STUDENTS HAVE AN OPPORTUNITY TO VISIT THE AUDUBON CENTER AS PART OF THEIR STUDIES. SWAN RIVER HAS AN AUTHENTIC MONTESSORI ENVIRONMENT. ALL TEACHERS ARE MONTESSORI TRAINED AND HOLD CURRENT MINNESOTA TEACHER LICENSES.
FOOD SERVICE PROGRAM:SWAN RIVER MONTESSORI CHARTER SCHOOL OFFERS ALL STUDENTS A HOT LUNCH EACH DAY. THE SCHOOL PARTICIPATES IN THE NATIONAL LUNCH PROGRAM.
COMMUNITY SERVICES EDUCATION:PROVIDES FOR AN EARLY CHILDHOOD PROGRAM AND BEFORE AND AFTER SCHOOL CARE FOR STUDENTS IN NEED OF SUCH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Jensen Ex-Officio/interim School Director | Officer | 40 | $62,133 |
Julie Halvorson Director/teacher | Trustee | 40 | $54,468 |
Amy Bergquist-Savage Treasurer/teacher | OfficerTrustee | 40 | $45,262 |
Rebecca Brown Director/teacher | Trustee | 40 | $43,358 |
Ashley Blaha Secretary/teacher | OfficerTrustee | 40 | $43,236 |
Franco Fanucci Board Chair/parent | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,107,351 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,745 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,112,096 |
| Total Program Service Revenue | $29,149 |
| Investment income | $895 |
| 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 | $2,142,140 |
| 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. | $250,723 |
| Compensation of current officers, directors, key employees. | $54,254 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $889,070 |
| Pension plan accruals and contributions | $71,225 |
| Other employee benefits | $17,795 |
| Payroll taxes | $101,274 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,660 |
| Fees for services: Accounting | $40,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $450,103 |
| Advertising and promotion | $0 |
| Office expenses | $82,044 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $222,806 |
| Travel | $37,544 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,790 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,935 |
| Insurance | $13,869 |
| All other expenses | $0 |
| Total functional expenses | $2,234,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $405,254 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $318,493 |
| 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 | $1,450 |
| Net Land, buildings, and equipment | $105,452 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $569,427 |
| Total assets | $1,400,076 |
| Accounts payable and accrued expenses | $171,852 |
| Grants payable | $0 |
| Deferred revenue | $409 |
| 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 | $2,264,375 |
| Total liabilities | $2,436,636 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$1,142,012 |
| Paid-in or capital surplus, or land, building, or equipment fund | $105,452 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,400,076 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Swan River Montessori Charter School has recieved totaling $259.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $259 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Twin Cities International Schools Minneapolis, MN | $10,477,770 | $17,272,708 |
Eagle Ridge Academy Minnetonka, MN | $14,507,492 | $16,854,949 |
Lakes International Language Academy Forest Lake, MN | $12,188,611 | $15,744,589 |
Parnassus Preparatory School Maple Grove, MN | $11,987,253 | $16,239,729 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |
Seven Hills Preparatory Academy Bloomington, MN | $12,008,176 | $15,420,403 |
St Croix Preparatory Academy Stillwater, MN | $15,400,325 | $14,730,120 |
Athlos Leadership Academy Brooklyn Park, MN | $8,310,126 | $14,353,758 |
Prairie Seeds Academy Brooklyn Park, MN | $11,928,237 | $14,361,129 |
Kipp Minnesota Minneapolis, MN | $9,470,276 | $14,681,951 |
Prodeo Academy Columbia Heights, MN | $7,923,634 | $13,232,357 |