Minneapolis School Of Anesthesia
- Assets
- $2.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 6
- Location
- Shoreview, MN
- Founding
- 12/1967
- Data as of
- 12/2023
- EIN
- 41-6059072
Organization Overview
Minneapolis School Of Anesthesia is located in Shoreview, MN. The organization was established in 1967. As of 12/2023, Minneapolis School Of Anesthesia employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minneapolis School Of Anesthesia 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 12/2023, Minneapolis School Of Anesthesia generated $1.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE A SCHOOL TO TRAIN REGISTERED NURSES TO BE NURSE ANESTHETISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINNEAPOLIS SCHOOL OF ANESTHESIA IS FUNDED BY TUITION AND FEES PAID TO THE SCHOOL ON A SEMESTER BASIS. A TWENTY-SEVEN MONTH MSN GRADUATE EDUCATIONAL PROGRAM FOR REGISTERED NURSES QUALIFIES THEM TO TAKE THE NATIONAL CERTIFICATION EXAMINATION AND BECOME CERTIFIED REGISTERED NURSE ANESTHETISTS. A THIRTY-NINE MONTH DNP GRADUATE EDUCATIONAL PROGRAM FOR REGISTERED NURSES QUALIFIES THEM TO TAKE THE NATIONAL CERTIFICATION EXAMINATION AND BECOME CERTIFIED REGISTERED NURSE ANESTHETISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Laffoon Director | OfficerTrustee | 40 | $219,957 |
Mary Quaas Associate Di | Officer | 40 | $204,750 |
Jordan Popp Instructor | 40 | $129,000 | |
Lisa Maw Director Thr | OfficerTrustee | 40 | $111,964 |
Andrew C Johnson-Cowley Associate Di | Officer | 40 | $80,928 |
Sean Sanford President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,194,655 |
| Investment income | $66,474 |
| 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 | $1,261,129 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $699,669 |
| Compensation of current officers, directors, key employees. | $255,864 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $206,542 |
| Pension plan accruals and contributions | $8,186 |
| Other employee benefits | $6,426 |
| Payroll taxes | $56,271 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,874 |
| Fees for services: Accounting | $45,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,860 |
| Advertising and promotion | $0 |
| Office expenses | $28,116 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,933 |
| Travel | $38,335 |
| 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 | $2,939 |
| Insurance | $37,127 |
| All other expenses | $5,015 |
| Total functional expenses | $1,299,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,172 |
| Savings and temporary cash investments | $2,566,410 |
| Pledges and grants receivable | $0 |
| 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 | $35,781 |
| Net Land, buildings, and equipment | $9,797 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,892 |
| Total assets | $2,909,052 |
| Accounts payable and accrued expenses | $31,872 |
| 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 | $0 |
| Total liabilities | $31,872 |
| Net assets without donor restrictions | $2,877,180 |
| Net assets with donor restrictions | $0 |
| 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 | $2,909,052 |