El Colegio Charter School
- Assets
- $1.1m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/2000
- Data as of
- 06/2021
- EIN
- 41-1953998
Organization Overview
El Colegio Charter School is located in Minneapolis, MN. The organization was established in 2000. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Colegio 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, El Colegio Charter School generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 3.9% 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
PROVIDE EDUCATIONAL PROGRAMS FOR STUDENTS IN COMPLIANCE WITH MINNESOTA PUBLIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EL COLEGIO CHARTER SCHOOL STRIVES TO GRADUATE CREATIVE, CULTURALLY-GROUNDED STUDENTS WHO EXCEL IN BILINGUAL AND BICULTURAL ENVIRONMENTS WHO ARE PREPARED FOR COLLEGE, EMPLOYMENT AND COMMUNITY LEADERSHIP. COMMUNITY SERVICE: EL COLEGIO CHARTER SCHOOL IS THE CORNERSTONE OF A LARGER CULTURAL AND EDUCATION CENTER THAT IS AN ACCESSIBLE GATHERING PLACE FOR LATINO AND OTHER COMMUNITIES. OUR BUILDING IS DESIGNED TO ENCOMPASS NOT ONLY THE SCHOOL BUT ALSO TO INCORPORATE SPACE TO BE USED BY THE COMMUNITY FOR ONGOING ARTS AND CULTURAL PROGRAMS. AN ANNUAL CELEBRATION, WIDELY ATTENDED BY THE COMMUNITY, IS DAY OF THE DEAD. DURING THE FISCAL YEAR ENDED JUNE 30, 2021 EL COLEGIO CHARTER SCHOOL SERVED AN ESTIMATED 89 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Godinez Vice Chair | OfficerTrustee | 1 | $0 |
Bianet Castellanos Secretary | OfficerTrustee | 1 | $0 |
Tony Aarts Chair | OfficerTrustee | 1 | $0 |
Kent Fordyce Treasurer | OfficerTrustee | 1 | $0 |
Dr Elizabeth Sumida Huaman Member | Trustee | 1 | $0 |
Brenda Sanchez Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $230,102 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,617 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,719 |
| Total Program Service Revenue | $1,604,888 |
| Investment income | $0 |
| 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 | $1,885,607 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $948,151 |
| Pension plan accruals and contributions | $60,192 |
| Other employee benefits | $125,845 |
| Payroll taxes | $81,577 |
| Fees for services: Management | $5,138 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $69,853 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,092 |
| Advertising and promotion | $0 |
| Office expenses | $80,388 |
| Information technology | $36,975 |
| Royalties | $0 |
| Occupancy | $265,458 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,783 |
| Interest | $53 |
| Payments to affiliates | $23,540 |
| Depreciation, depletion, and amortization | $21,583 |
| Insurance | $19,422 |
| All other expenses | $0 |
| Total functional expenses | $2,017,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,324 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $196,176 |
| 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 | $18,658 |
| Net Land, buildings, and equipment | $285,903 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $588,217 |
| Total assets | $1,143,278 |
| Accounts payable and accrued expenses | $144,381 |
| 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 | $0 |
| Other liabilities | $1,710,588 |
| Total liabilities | $1,854,969 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$997,594 |
| Paid-in or capital surplus, or land, building, or equipment fund | $285,903 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,143,278 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that El Colegio Charter School has recieved totaling $6,181.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,176 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Higher Ground Academy St Paul, MN | $14,123,889 | $16,161,479 |
St Johns Northwestern Military Academy Inc Delafield, WI | $17,393,633 | $8,781,742 |
Conserve School Corporation Land O Lakes, WI | $44,507,562 | $11,154,750 |
Cotter Schools Winona, MN | $89,286,042 | $67,304,233 |
Marshall School Duluth, MN | $17,596,979 | $9,866,357 |
Spectrum High School Elk River, MN | $6,267,072 | $9,361,830 |
Minnesota State High School League Brooklyn Center, MN | $6,775,860 | $10,103,240 |
Southwest Christian High School Inc Chaska, MN | $31,591,589 | $9,167,996 |
Wayland Academy Beaver Dam, WI | $38,778,158 | $5,826,900 |
Math And Science Academy Woodbury, MN | $4,903,401 | $5,823,529 |
Transcenter For Youth Inc Milwaukee, WI | $3,574,936 | $5,873,696 |
Highland Community School Inc Milwaukee, WI | $5,222,011 | $5,260,055 |