Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
3 people listed on the 990; $230K paid to officers and key staff.
Richard Larsen’s $133K as Officer is at the 55th percentile of top reported officer pay among 3395 $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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Richard Larsen | $133,200 | $133,200 | $133,200 | $132,550 | $133,500 |
| Trina Swalberg | $97,200 | $97,200 | $97,200 | $96,550 | $97,000 |
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.
See Srs Education executive salaries →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 15aNo
Programs and updates
Empowers students with quality education for global competition and civic engagement.
Questions for Srs Education
Your first name shows with your question. Srs Education answers here, for everyone.
The past year SRS has been successful in safely keeping it's doors open amid the COVID19 pandemic. We felt it important to our students, who enroll into our facility due to poor behavior, drug addictions, truancy and several other issues that are impeding their ability to be successful in school or home life.
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $458K | $326K |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $0 | |
| Total assetsLn 16 | $458K | $326K |
| LiabilitiesLn 26 | $7K | $7K |
| Net assetsLn 32 | $451K | $319K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $230K | $97K | $133K | |
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $660K | $592K | $68K | |
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $36K | $36K | ||
| Payroll taxesLn 10 | $67K | $62K | $6K | |
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $0 | |||
| Accounting feesLn 11c | $0 | |||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $0 | |||
| Advertising and promotionLn 12 | $0 | |||
| Office expensesLn 13 | $0 | |||
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $36K | $36K | ||
| TravelLn 17 | $0 | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $0 | |||
| InsuranceLn 23 | $0 | |||
| Other expenses (24a–d)Ln 24 | $81K | $81K | ||
| All other expensesLn 24e | $0 | |||
| Total functional expensesLn 25 | $1.1M | $903K | $207K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Mar 14, 2025 | $1.1M | $1.2M | −$5K | $315K | 990 PDF |
| FY2023 ViewingFiled with the IRS Apr 16, 2024 | $979K | $1.1M | −$132K | $319K | 990 PDF |
| FY2022Filed with the IRS Apr 13, 2023 | $979K | $1.1M | −$145K | $451K | 990 PDF |
| FY2021Filed with the IRS Apr 9, 2022 | $1.2M | $1.1M | $119K | $305K | 990 PDF |
| FY2020Filed with the IRS May 6, 2021 | $1.1M | $1.1M | −$2K | $186K | 990 PDF |
Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $978,531 revenue, 12 lines filed
Part VI · Governance 0 of 3 board members independent, 4 to look at
Part VIII · Statement of revenue $978,531 across 9 lines filed
Part IX · Statement of functional expenses $1,110,251 across 31 lines filed
Part X · Balance sheet $326,364 assets, 21 lines filed
Part XI · Reconciliation of net assets $319,476 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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