Cannon River Stem School

Organization Overview

Cannon River Stem School is located in Faribault, MN. The organization was established in 2009. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Cannon River Stem School employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cannon River Stem School 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 06/2023, Cannon River Stem School generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $4.5m during the year ending 06/2023. While expenses have increased by 4.9% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

A K-8 PUBLIC CHARTER SCHOOL WITH AN EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION: TO PROVIDE AN EDUCATION TO STUDENTS IN GRADES K-8. DURING THE PAST FISCAL YEAR THE SCHOOL HAS ORGANIZED A QUALITY PROGRAM THAT SUPPORTED 270 STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Stacey Sandler
Vice-Chair/teacher
$57,090
Mike Cross
Board Chair
$0
Taylor Casanova
Director
$0
Diane Larson
Treasurer
$0
Sarah Busch
Director/teacher
$47,521
Casandra Neymeyer
Director/teacher
$43,422

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,439,518
All other contributions, gifts, grants, and similar amounts not included above$56,632
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,496,150
Total Program Service Revenue$38,700
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 $3,292
Miscellaneous Revenue$0
Total Revenue $3,538,142

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