Adler Graduate School
- Assets
- $7.2m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 69
- Location
- Minnetonka, MN
- Founding
- 10/1970
- Data as of
- 06/2022
- EIN
- 41-0970173
Organization Overview
Adler Graduate School is located in Minnetonka, MN. The organization was established in 1970. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, Adler Graduate School employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adler Graduate 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, Adler Graduate School generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $4.0m during the year ending 06/2022. While expenses have increased by 1.1% 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
PREPARING MENTAL HEALTH AND HUMAN SERVICES PROFESSIONALS WITH A STRONG ADLERIAN FOUNDATION TO FOSTER ENCOURAGEMENT, COLLABORATION, AND A SENSE OF BELONGING TO THE INDIVIDUALS, FAMILIES, AND CULTURALLY DIVERSE COMMUNITIES THEY SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2021-22 ACADEMIC YEAR, ADLER GRADUATE SCHOOL HAD AN AVERAGE OF 226 ENROLLED STUDENTS. THESE STUDENTS WERE SEEKING A MASTER'S DEGREE OR POST-BACCALAUREATE CERTIFICATE IN ADLERIAN PSYCHOTHERAPY AND COUNSELING OR COMPLETING THE REQUIRED COURSEWORK FOR LPCC LICENSURE IN THE STATE OF MINNESOTA. DURING THE 2021-22 ACADEMIC YEAR, 76 STUDENTS RECEIVED MASTER'S DEGREES AND 6 STUDENTS RECEIVED CERTIFICATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janica Austad Chair | OfficerTrustee | 1 | $0 |
Amy Blaz Treasurer | OfficerTrustee | 1 | $0 |
John Sweeney Treasurer | OfficerTrustee | 1 | $0 |
John Newbauer Vice Chair | OfficerTrustee | 1 | $0 |
John Rosenberg Director | Trustee | 1 | $0 |
Jonathan Remond Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $298,979 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,615 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $306,594 |
| Total Program Service Revenue | $3,403,772 |
| Investment income | $17,794 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,599 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,766,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $168,551 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $295,784 |
| Compensation of current officers, directors, key employees. | $295,784 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,024,490 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $191,502 |
| Payroll taxes | $193,685 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $125,842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,927 |
| Advertising and promotion | $193,408 |
| Office expenses | $77,000 |
| Information technology | $69,667 |
| Royalties | $0 |
| Occupancy | $235,083 |
| Travel | $6,682 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $114,933 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $100,122 |
| Insurance | $37,285 |
| All other expenses | $929 |
| Total functional expenses | $3,962,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,721 |
| Savings and temporary cash investments | $2,393,224 |
| Pledges and grants receivable | $159,053 |
| Accounts receivable, net | $27,025 |
| 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 | $124,279 |
| Net Land, buildings, and equipment | $4,108,193 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,186,495 |
| Accounts payable and accrued expenses | $83,315 |
| Grants payable | $0 |
| Deferred revenue | $44,971 |
| 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 | $2,323,881 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,689 |
| Total liabilities | $2,489,856 |
| Net assets without donor restrictions | $4,651,726 |
| Net assets with donor restrictions | $44,913 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,186,495 |