Minneapolis School Of Anesthesia
- Assets
- $3.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Shoreview, MN
- Founding
- 12/1967
- Data as of
- 12/2021
- EIN
- 41-6059072
Organization Overview
Minneapolis School Of Anesthesia is located in Shoreview, MN. The organization was established in 1967. As of 12/2021, Minneapolis School Of Anesthesia employed 5 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 12/2021, Minneapolis School Of Anesthesia generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 6.6% 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
2021
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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Maw Director | Officer | 40 | $202,000 |
Andrew C Johnson-Cowley Associate Di | Officer | 40 | $183,600 |
Travis Laffoon Associate Di | Officer | 40 | $180,000 |
Mary Quaas Associate Di | Officer | 40 | $180,000 |
Kelly Ratajczak President | OfficerTrustee | 1 | $0 |
Adam Currier Board Member | Trustee | 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 | $5,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,600 |
| Total Program Service Revenue | $1,216,450 |
| Investment income | $95 |
| 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 | $1,222,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $745,600 |
| Compensation of current officers, directors, key employees. | $187,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,350 |
| Pension plan accruals and contributions | $48,237 |
| Other employee benefits | $56,784 |
| Payroll taxes | $50,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,069 |
| Fees for services: Accounting | $23,172 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,895 |
| Advertising and promotion | $0 |
| Office expenses | $25,832 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,839 |
| Travel | $12,424 |
| 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 | $0 |
| Insurance | $37,940 |
| All other expenses | $11,008 |
| Total functional expenses | $1,212,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,709,500 |
| Savings and temporary cash investments | $248,486 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,601 |
| 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 | $37,452 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,892 |
| Total assets | $3,004,931 |
| Accounts payable and accrued expenses | $25,107 |
| 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 | $25,107 |
| Net assets without donor restrictions | $2,979,824 |
| 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 | $3,004,931 |
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