St Marys Early Learning Academy is located in Pine City, MN. The organization was established in 2020. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, St Marys Early Learning Academy employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Marys Early Learning 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 Marys Early Learning Academy generated $534.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $539.7k during the year ending 06/2022. While expenses have increased by 40.3% per year over the past 4 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
AT ST. MARY'S OUR MISSION IS TO PROVIDE SAFE, QUALITY CHILDCARE THAT IS AVAILABLE TO EVERYONE REGARDLESS OF SOCIOECONOMIC CLASS, RACE, SEX, OR RELIGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE THE HIGHEST STANDARD IN CHILD CARE AND PRESCHOOL EDUCATION POSSIBLE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deb Bombard Director | Trustee | 10 | $8,109 |
Chad Faur Vice-Chair | OfficerTrustee | 3 | $0 |
Deanna Jahnz Chairperson | OfficerTrustee | 5 | $0 |
Sue Brytowski Treasurer | OfficerTrustee | 3 | $0 |
Carley Gahler Secretary | OfficerTrustee | 3 | $0 |
Chelsea Troth Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $114,555 |
All other contributions, gifts, grants, and similar amounts not included above | $709 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $115,264 |
Total Program Service Revenue | $417,068 |
Investment income | $29 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,224 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $534,684 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $399,441 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $31,443 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,412 |
Advertising and promotion | $0 |
Office expenses | $3,314 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,970 |
Travel | $0 |
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 | $3,125 |
Insurance | $12,778 |
All other expenses | $5,951 |
Total functional expenses | $539,663 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,175 |
Savings and temporary cash investments | $11,236 |
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 | $0 |
Net Land, buildings, and equipment | $8,606 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,742 |
Total assets | $67,759 |
Accounts payable and accrued expenses | -$14 |
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 | -$14 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $67,773 |
Total liabilities and net assets/fund balances | $67,759 |
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