Arcadia Charter School FY2020 filing

Tax-deductible

Northfield, MN501(c)(3)Since 2003EducationEIN 41-2023497Revenue $2.0M in FY2020

On file with the IRSarcadiacharterschool.org1719 Cannon Rd, 55057-1680 · Northfield, MNTax-exempt since Dec 2003School — 170(b)(1)(A)(ii)

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IT is the mission of Arcadia Charter School to prepare our students to transition intellectually, emotionally, and ethically to higher education, future employment, and engaged citizenship.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$237K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $89K a year · 4% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$237K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $111
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.5M
178% of total assets
Concern: liabilities are 178% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 9 voting members
Looks good: 6 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
Spent
$2.0M
To programs
87%
Net assets
−$1.1M
By yearFY2020–FY2025
Revenue
$2.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.0M
FY2021$1.9M
FY2022$2.3M
FY2023$2.3M
FY2024$2.1M
FY2025$2.1M
Expenses
$2.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.0M
FY2021$1.9M
FY2022$2.0M
FY2023$2.2M
FY2024$2.1M
FY2025$2.1M
Net assets
−$1.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.1M
FY2021−$1.1M
FY2022−$658K
FY2023−$265K
FY2024−$355K
FY2025−$199K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $1.7M Management & general 13% · $257K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $237K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Treasurer/Teacher
$58,040Pt VII · Sec A
Member/Teacher
$52,913Pt VII · Sec A
Member/Teacher
$49,966Pt VII · Sec A
Community Member (former Executive Director)
$40,050Pt VII · Sec A
Executive Director
$36,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Laura Stelter’s $79K as Executive Director is at the 19th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Laura Stelter$79,377$75,507$73,645$67,954$70,690$36,500
Gary Braun—————$58,040
Tami Kasch-Flugum—$57,172$51,269$46,931$43,838$49,966
Tamra Paulson$55,423$54,778$53,982$48,306$46,107—
Gary Braun Thru 122020————$54,069—
Scott Grave———$53,106—$52,913
Dove Mitchell$52,613—————
Scott Grave Thru 82020————$50,824—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Prepares students for college, careers, and active community involvement.

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Provided by the organization

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1 program · $1.7M · in their own filed words · FY2019
01

Arcadia charter school provides a choice in public education to 6TH-12TH grade student in northfield and our surrounding communities. Our project based school is free and open to all. Innovative and exciting things are taking place here at arcadia.

$1.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$111

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$1.9M
Fees for servicesLn 2g$22K
Other incomeLn 4–11$3K
Money outPt IX
$2.0M
Ln 25
Programscol B$1.7M
Managementcol C$257K
Owns and owesPt X
−$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$178K
Total assetsLn 16$1.4M
LiabilitiesLn 26$2.5M
PeoplePt VI, VII
12
listed · VII A
PaidVII A5
Voting boardVI 1a9
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Government grantsLn 1e$1.9M
Fees for servicesLn 2g$22K
Investment incomeLn 3$500
Other incomeLn 4–11$3K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$123K
SavingsLn 2$55K
Cash and savings togetherLn 1–2$178K
Land, buildings, equipmentLn 10c$74K
Other assetsLn 15$921K
Total assetsLn 16$1.4M
LiabilitiesLn 26$2.5M
Net assetsLn 32−$1.1M
OperationsPt I, VI
EmployeesI 542
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$225K$178K
Land, buildings, equipmentLn 10c$69K$74K
Total assetsLn 16$1.7M$1.4M
LiabilitiesLn 26$2.7M$2.5M
Net assetsLn 32−$1.0M−$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$272K$188K$84K
Other salaries and wagesLn 7$892K$845K$47K
Pension plan contributionsLn 8$63K$60K$4K
Other employee benefitsLn 9$74K$64K$10K
Payroll taxesLn 10$82K$74K$9K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$52K$52K
Other fees for servicesLn 11g$184K$168K$15K
Office expensesLn 13$22K$15K$8K
Information technologyLn 14$23K$13K$10K
OccupancyLn 16$217K$217K
Conferences, conventions and meetingsLn 19$12K$12K
Depreciation, depletion and amortizationLn 22$17K$17K$58
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$51K$35K$15K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$2.0M$1.7M$257K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.1M$2.1M$28K−$199K 990 PDF
FY2024 $2.1M$2.1M$44K−$355K 990 PDF
FY2023 $2.3M$2.2M$86K−$265K 990 PDF
FY2022 $2.3M$2.0M$355K−$658K 990 PDF
FY2021 $1.9M$1.9M$25K−$1.1M 990 PDF
FY2020 Viewing $2.0M$2.0M−$5K−$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,972,922 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,963,266$1,947,382
I-9 Program service revenuePrior year $34,797$21,770
I-10 Investment incomePrior year $207$500
I-11 Other revenuePrior year $8,400$3,270
I-12 Total revenuePrior year $2,006,670$1,972,922
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,378,898$1,383,172
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $615,261$594,685
I-18 Total expensesPrior year $1,994,159$1,977,857
I-19 Revenue less expensesPrior year $12,511−$4,935
Part VI · Governance 6 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,972,922 across 7 lines filed
VIII-1e Government grants$1,910,642
VIII-1f All other contributions, gifts and grants$36,740
VIII-1h Total contributions, gifts and grants$1,947,382
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $21,770$21,770
VIII-3 Investment incomeExcluded from tax $500$500
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,270$3,270
VIII-12 Total revenueRelated to mission $25,040 · Unrelated business $0 · Excluded from tax $500$1,972,922
Part IX · Statement of functional expenses $1,977,857 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $187,656 · Management $83,928$271,584
IX-7 Other salaries and wagesPrograms $844,541 · Management $47,164$891,705
IX-8 Pension plan contributionsPrograms $59,756 · Management $3,539$63,295
IX-9 Other employee benefitsPrograms $64,260 · Management $9,909$74,169
IX-10 Payroll taxesPrograms $73,759 · Management $8,660$82,419
IX-11b Legal feesManagement $3,780$3,780
IX-11c Accounting feesManagement $52,230$52,230
IX-11g Other fees for servicesPrograms $168,180 · Management $15,489$183,669
IX-13 Office expensesPrograms $14,589 · Management $7,686$22,275
IX-14 Information technologyPrograms $12,897 · Management $9,676$22,573
IX-16 OccupancyPrograms $216,701$216,701
IX-19 Conferences, conventions and meetingsPrograms $11,992$11,992
IX-22 Depreciation, depletion and amortizationPrograms $17,374 · Management $58$17,432
IX-23 InsurancePrograms $7,797$7,797
IX-24 Other expenses (24a–d)Programs $35,492 · Management $15,102$50,594
IX-24e All other expensesPrograms $5,642$5,642
IX-25 Total functional expensesPrograms $1,720,636 · Management $257,221 · Fundraising $0$1,977,857
Part X · Balance sheet $1,376,496 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $100,101$122,954
X-2 Savings and temporary cash investmentsStart of year $125,207$54,721
X-4 Accounts receivableStart of year $164,709$190,984
X-9 Prepaid expenses and deferred chargesStart of year $19,535$13,092
X-10c Land, buildings and equipment, netStart of year $68,621$73,603
X-15 Other assetsStart of year $1,204,917$921,142
X-16 Total assetsStart of year $1,683,090$1,376,496
X-17 Accounts payable and accrued expensesStart of year $175,187$167,168
X-19 Deferred revenueStart of year $2,314$250
X-25 Other liabilitiesStart of year $2,506,812$2,285,457
X-26 Total liabilitiesStart of year $2,684,313$2,452,875
X-32 Total net assets or fund balancesStart of year −$1,001,223−$1,076,379
X-33 Total liabilities and net assetsStart of year $1,683,090$1,376,496
Part XI · Reconciliation of net assets −$1,076,379 net assets at year end
XI-1 Total revenue$1,972,922
XI-2 Total expenses$1,977,857
XI-3 Revenue less expenses−$4,935
XI-4 Net assets at start of year−$1,001,223
XI-9 Other changes in net assets−$70,221
XI-10 Net assets at end of year−$1,076,379

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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