Adopt-A-Classroom Inc
- Assets
- $8.0m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 17
- Location
- Minneapolis, MN
- Founding
- 02/1999
- Data as of
- 06/2022
- EIN
- 65-0828272
Organization Overview
Adopt-A-Classroom Inc is located in Minneapolis, MN. The organization was established in 1999. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Adopt-A-Classroom Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adopt-A-Classroom Inc 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, Adopt-A-Classroom Inc generated $7.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $6.5m during the year ending 06/2022. While expenses have increased by 9.1% 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
ADVANCING EQUITY IN EDUCATION, ONE CLASSROOM AT A TIME
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FISCAL 2022, ADOPTACLASSROOM.ORG DONATED ESSENTIAL CLASSROOM SUPPLIES AND MATERIALS TO TEACHERS IN ALL 50 U.S. STATES AND PUERTO RICO. FUNDS RAISED FROM INDIVIDUALS, INSTITUTIONS, AND CORPORATE SPONSORS ARE USED TO PURCHASE CLASSROOM SUPPLIES THAT ARE SELECTED BY EACH TEACHER. TEACHER RECIPIENTS ARE EITHER SELECTED DIRECTLY BY THE DONOR, OR BY ADOPTACLASSROOM.ORG BASED ON TEACHER'S PROFILES OR ON APPLICATIONS FROM TEACHERS TO OUR SPOTLIGHT FUNDS (ART, STEM, HIGHEST NEED, INCLUSIVE CLASSROOM, DISASTER RELIEF, AND RACIAL EQUITY). THE ORGANIZATION'S SERVICES ARE DELIVERED THROUGH ITS WEBSITE AND RELATED TECHNOLOGY PLATFORM, WHICH CONNECTS DONORS, TEACHERS, AND VENDORS OF EDUCATIONAL PRODUCTS TO SUPPORT CLASSROOMS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Pifer Executive Director | Officer | 40 | $169,442 |
Carolyn Aberman Evp - Corporate Partnershi | 40 | $155,134 | |
Jen Swanson Chair | OfficerTrustee | 2 | $0 |
Matt Johnson Vice Chair | OfficerTrustee | 1 | $0 |
Julie Krueger Secretary | OfficerTrustee | 1 | $0 |
Kurts Strelnieks Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Augeobpm Inc Accounting/finance | 6/29/22 | $126,073 |
Arkus Technology Outsourcing | 6/29/22 | $105,540 |
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 | $7,906,179 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,906,179 |
| Total Program Service Revenue | $0 |
| Investment income | $31,674 |
| 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 | $7,937,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,429,716 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,800 |
| Compensation of current officers, directors, key employees. | $45,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $828,116 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $89,085 |
| Payroll taxes | $83,792 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $230,352 |
| Advertising and promotion | $113,860 |
| Office expenses | $56,408 |
| Information technology | $149,831 |
| Royalties | $0 |
| Occupancy | $50,434 |
| Travel | $9,243 |
| 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 | $211,044 |
| Insurance | $5,786 |
| All other expenses | $0 |
| Total functional expenses | $6,520,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,100,279 |
| Pledges and grants receivable | $3,125,739 |
| 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 | $58,230 |
| Net Land, buildings, and equipment | $150,245 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $524,188 |
| Total assets | $7,958,681 |
| Accounts payable and accrued expenses | $356,515 |
| Grants payable | $0 |
| Deferred revenue | $23,024 |
| 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 | $379,539 |
| Net assets without donor restrictions | $1,402,557 |
| Net assets with donor restrictions | $6,176,585 |
| 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 | $7,958,681 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Adopt-A-Classroom Inc has recieved totaling $245,492.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $104,712 |
Minneapolis Foundation Minneapolis, MN PURPOSE: EDUCATION | $40,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $38,738 |
Ecmc Foundation Minneapolis, MN PURPOSE: General Support | $20,000 |
The American Center For Philanthropy Inc Northfield, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $12,000 |
Minneapolis Jewish Federation Minneapolis, MN PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $608,262 |
| Earnings | -$84,074 |
| Ending Balance | $524,188 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Augustine Preparatory Academy Inc Milwaukee, WI | $57,201,795 | $17,148,722 |
Theodore Roosevelt Presidential Library Foundation Medora, ND | $81,219,730 | $28,646,002 |
Youthprise Minneapolis, MN | $12,849,214 | $14,734,349 |
Catholic Schools Center Of Excellence Minneapolis, MN | $1,425,727 | $6,819,995 |
Adopt-A-Classroom Inc Minneapolis, MN | $7,958,681 | $7,937,853 |
Dsu Heritage Foundation Dickinson, ND | $12,984,247 | $2,503,848 |
Page Education Foundation Minneapolis, MN | $9,424,762 | $2,991,601 |
Breakthrough Twin Cities St Paul, MN | $2,042,584 | $1,812,570 |
Daystar U S Bloomington, MN | $2,663,084 | $1,958,406 |
The Minneapolis Community And Technical College Foundation Inc Minneapolis, MN | $7,090,729 | $2,330,993 |
Nw-Links Moorhead, MN | $2,226,187 | $1,005,691 |
Pcs Building Company Ramsey, MN | $9,348,744 | $1,023,085 |