Discovery Woods
- Assets
- $2.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 49
- Location
- Brainerd, MN
- Founding
- 08/2010
- Data as of
- 06/2022
- EIN
- 80-0245524
Organization Overview
Discovery Woods is located in Brainerd, MN. The organization was established in 2010. 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, Discovery Woods employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Discovery Woods 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, Discovery Woods generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 0.2% 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
TO PROVIDE BRAINERD LAKES AREA FAMILIES A CHOICE FOR HIGH QUALITY ELEMENTARY EDUCATION CENTERED AROUND THE INDIVIDUAL NEEDS OF THE CHILD WITH A FOCUS ON THE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A MONTESSORI CONCEPT PUBLIC ELEMENTARY SCHOOL FOR STUDENTS IN THE BRAINERD, MN AREA. THE SCHOOL SERVED 104 STUDENTS IN GRADES KINDERGARTEN THROUGH SIXTH IN THE FISCAL YEAR 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristi Crocker Executive Director | Officer | 40 | $66,800 |
Kara Devriendt Vice-Chairperson | OfficerTrustee | 40 | $37,798 |
Lisa Laasch Member | Trustee | 40 | $36,040 |
Amanda Byrnes Former Member | 40 | $8,115 | |
Tom Potter Chairperson | OfficerTrustee | 4 | $0 |
Dawn Verdon Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,590,776 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,314 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,604,090 |
| Total Program Service Revenue | $87,071 |
| Investment income | $974 |
| 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 | $2,567 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,698,072 |
| 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. | $155,885 |
| Compensation of current officers, directors, key employees. | $74,275 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $585,759 |
| Pension plan accruals and contributions | -$16,389 |
| Other employee benefits | $26,366 |
| Payroll taxes | $54,366 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $61,885 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,741 |
| Advertising and promotion | $0 |
| Office expenses | $16,054 |
| Information technology | $37,267 |
| Royalties | $0 |
| Occupancy | $56,078 |
| Travel | $3,857 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,082 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $154,076 |
| Insurance | $12,757 |
| All other expenses | $35,896 |
| Total functional expenses | $1,380,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50 |
| Savings and temporary cash investments | $825,224 |
| Pledges and grants receivable | $211,172 |
| Accounts receivable, net | $5,846 |
| 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 | $56,875 |
| Net Land, buildings, and equipment | $785,708 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $320,840 |
| Total assets | $2,205,715 |
| Accounts payable and accrued expenses | $92,521 |
| Grants payable | $0 |
| Deferred revenue | $438 |
| 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 | $1,917,777 |
| Total liabilities | $2,010,736 |
| Net assets without donor restrictions | $0 |
| 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 | $101,760 |
| Retained earnings, endowment, accumulated income, or other funds | $93,219 |
| Total liabilities and net assets/fund balances | $2,205,715 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Discovery Woods has recieved totaling $137.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $137 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Twin Cities International Schools Minneapolis, MN | $10,477,770 | $17,272,708 |
Eagle Ridge Academy Minnetonka, MN | $14,507,492 | $16,854,949 |
Lakes International Language Academy Forest Lake, MN | $12,188,611 | $15,744,589 |
Parnassus Preparatory School Maple Grove, MN | $11,987,253 | $16,239,729 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |
Seven Hills Preparatory Academy Bloomington, MN | $12,008,176 | $15,420,403 |
St Croix Preparatory Academy Stillwater, MN | $15,400,325 | $14,730,120 |
Athlos Leadership Academy Brooklyn Park, MN | $8,310,126 | $14,353,758 |
Prairie Seeds Academy Brooklyn Park, MN | $11,928,237 | $14,361,129 |
Kipp Minnesota Minneapolis, MN | $9,470,276 | $14,681,951 |
Prodeo Academy Columbia Heights, MN | $7,923,634 | $13,232,357 |