St Cloud Math And Science Academy is located in St Cloud, MN. The organization was established in 2014. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, St Cloud Math And Science Academy employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Cloud Math And Science Academy 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, St Cloud Math And Science Academy generated $4.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $4.1m during the year ending 06/2022. While expenses have increased by 10.1% 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCMSA IS A TUITION FREE, PUBLIC CHARTER SCHOOL FOR STUDENTS IN GRADES K-7. WE ARE A PROJECT LEAD THE WAY STEM SCHOOL. OUR STUDENTS SOLVE REAL WORLD PROBLEMS WITH HANDS ON STEM ACTIVITES. WE HAVE A 1-1 DEVICE FOR ALL STUDENTS TO ENHANCE THEIR EDUCATIONAL EXPERIENCE. WITH A MAXIMUM ENROLLMENT OF 20 STUDENTS PER CLASSROOM, WE ARE ABLE TO MAINTAIN LOW STAFF TO STUDENT RATIO AND EXCELLERATE ACADEMIC PROGRESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tammy Bengtson Executive Director | Officer | 40 | $144,817 |
Sherri Hodge Former Member - Teacher | 40 | $73,955 | |
Amy Cross Treasurer - Teacher | OfficerTrustee | 41 | $58,253 |
Andrew Schultz Member - Teacher | Trustee | 41 | $54,389 |
Alex Johnson Vice Chair- Teacher | Trustee | 41 | $45,448 |
Michael Mullin President | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,553,991 |
All other contributions, gifts, grants, and similar amounts not included above | $1,300 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,555,291 |
Total Program Service Revenue | $8,606 |
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 | $83 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,564,586 |
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. | $367,079 |
Compensation of current officers, directors, key employees. | $163,690 |
Compensation to disqualified persons | $92,182 |
Other salaries and wages | $1,830,982 |
Pension plan accruals and contributions | $139,769 |
Other employee benefits | $173,723 |
Payroll taxes | $169,422 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,976 |
Fees for services: Accounting | $76,985 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $87,332 |
Advertising and promotion | $0 |
Office expenses | $77,921 |
Information technology | $120,227 |
Royalties | $0 |
Occupancy | $48,779 |
Travel | $10,685 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $43 |
Interest | $102,794 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $403,877 |
Insurance | $20,004 |
All other expenses | $38,599 |
Total functional expenses | $4,121,101 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $964,939 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $828,010 |
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 | $36,608 |
Net Land, buildings, and equipment | $69,328 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,010,802 |
Total assets | $4,909,687 |
Accounts payable and accrued expenses | $246,722 |
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 | $5,158,592 |
Total liabilities | $5,405,314 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | -$524,663 |
Paid-in or capital surplus, or land, building, or equipment fund | $29,036 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,909,687 |