Cedar Riverside Community School
- Assets
- $1.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 32
- Location
- Minneapolis, MN
- Founding
- 11/1994
- Data as of
- 06/2021
- EIN
- 41-1748473
Organization Overview
Cedar Riverside Community School is located in Minneapolis, MN. The organization was established in 1994. 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, Cedar Riverside Community School employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Riverside Community 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, Cedar Riverside Community School generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $2.8m during the year ending 06/2021. 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 CONNECT OUR STUDENTS TO THE WORLD BY MEANS OF RIGOROUS, ACADEMIC PROGRAM WITH AN EMPHASIS ON LITERACY AND CHARACTER DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRE-KINDERGARTEN CEDAR RIVERSIDE COMMUNITY SCHOOL (CRCS) HAS BEEN AN APPROVED VOLUNTARY PRE-KINDERGARTEN PROGRAM BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE PROGRAM ENROLLS UP TO 20 STUDENTS AND IT'S VERY POPULAR WITHIN THE CEDAR RIVERSIDE COMMUNITY. THERE IS A WAITING LIST EVERY YEAR FOR FAMILIES TO ENROLL THEIR CHILD IN PROFESSIONAL DEVELOPMENT. CTCS CONTINUES TO PROVIDE ON-SITE TRAINING AND CERTIFICATION FOR TEACHERS AND PARAPROFESSIONALS IN THE AREA OF ENVOY. CRCS PARTICIPANTS IN A PROGRAM THROUGH THE MINNESOTA DEPARTMENT OF EDUCATION CALLED ADSIS (ALTERNATIVE DELIVERY OF SPECIALIZED INSTRUCTIONAL SERVICES). THE PROGRAM ASSISTS STUDENTS WHO NEED ADDITIONAL ACADEMIC AND/OR BEHAVIORAL SUPPORT IN THE GENERAL EDUCATION SETTING AFTER SCHOOL PROGRAM. CRCS CONTINUED TO HAVE THEIR AFTER-SCHOOL PROGRAM FOR STUDENTS IN GRADES K TO 8 DURING THE 2020-21 SCHOOL YEAR. OVER 100 STUDENTS PARTICIPATED IN THE PROGRAM. THE AFTER-SCHOOL PROGRAM WAS TAUGHT BY CRCS TEACHERS AND TEACHING ASSISTANTS. THE PROGRAM FOCUSES ON REINFORCING MATH, READING AND BEHAVIOR FOR STUDENTS. IT RAN FROM OCTOBER TO MAY. SUMMER SCHOOL CRCS HAS A SUMMER PROGRAM FOR STUDENTS IN GRADES K TO 8 DURING THE SUMMER ENTERING KINDERGARTEN TO 8TH GRADE PARTICIPATED IN THE PROGRAM. OVER 60 STUDENTS PARTICIPATED IN THE SUMMER PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bert Strassburg Executive Director | Officer | 40 | $103,765 |
Janet Youngers Vice Chair (july-Oct) And Chair/teacher | OfficerTrustee | 40 | $66,994 |
Jennifer Goveronski Treasurer/teacher | OfficerTrustee | 40 | $61,116 |
Jennifer Van Haften Secretary (july-Dec)/teacher | OfficerTrustee | 40 | $43,052 |
Chuck Richards Secretary (jan-Present)/teacher | OfficerTrustee | 40 | $14,098 |
Sonja Berven Chair (july-Oct) | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Teaching Temps Inc Substitute Teaching | 6/29/20 | $106,501 |
Teaching Temps Inc Substitute Teaching | 6/29/20 | $106,501 |
Monarch Bus Service Inc Transportaion | 6/29/20 | $106,014 |
Monarch Bus Service Inc Transportaion | 6/29/20 | $106,014 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,058,116 |
| All other contributions, gifts, grants, and similar amounts not included above | $23 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,058,139 |
| Total Program Service Revenue | $200 |
| Investment income | $606 |
| 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 | $2,068,434 |
| 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. | $344,562 |
| Compensation of current officers, directors, key employees. | $60,109 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $914,404 |
| Pension plan accruals and contributions | $201,677 |
| Other employee benefits | $221,859 |
| Payroll taxes | $103,303 |
| 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 | $451,903 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $261,820 |
| Travel | $9,302 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,382 |
| Insurance | $24,579 |
| All other expenses | $24,570 |
| Total functional expenses | $2,762,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,603 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $330,313 |
| Accounts receivable, net | $0 |
| 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 | $41,503 |
| Net Land, buildings, and equipment | $88,006 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $761,747 |
| Total assets | $1,445,172 |
| Accounts payable and accrued expenses | $191,560 |
| 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 | $325,766 |
| Other liabilities | $3,004,858 |
| Total liabilities | $3,522,184 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$2,165,018 |
| Paid-in or capital surplus, or land, building, or equipment fund | $88,006 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,445,172 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cedar Riverside Community School has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
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 |