Rollingstone Community School EIN 87-1454553 Form 990 (PDF) Claim this org

Rollingstone Community School FY2022 filing

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Prepares students for lifelong learning through family and community partnerships. For fiscal year 2022 it reported $81K in revenue, $67K in expenses, and $14K in net assets.Pt I

Founded
2022
Type
Public charity (501(c)(3)) · Education
Location
Rollingstone, MN
Website
rollingstonecommunityschool.com
Filings
3 on file (2022–2022)
Revenue
$81KFY2022
Expenses
$67K
Net assets
$14K
People
8
Filings
3
Updates
0
More identity details & actions ⌄
EIN  87-1454553 Public charity (501(c)(3)) Rollingstone, MN Founded 2022
Form 990 (PDF)
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Size
$100K–1M
What they do
Prepares students for lifelong learning through family and community partnerships.
Leadership
Anthony Reisdorfer · Lead Teacher · $27K
Money in and out
$81K revenue, $67K expenses
Bottom line
33% program efficiency
Where the money goes · FY2022
Total revenue
$81K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$14K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $14K
Where spending went · Part IX cols B–D
Program services $0.33 Management & general $0.67
Program efficiency
33%
of spending reaches programs
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$81K
FY2022
Expenses
$67K
FY2022
Total assets
$51K
FY2022
Total liabilities
$37K
FY2022
Total revenue
$81K
Pt VIII · Ln 12
Total expenses
$67K
Pt IX · Ln 25
Net assets
$14K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$51K
Program-expense ratioPt IX · col B33%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRollingstone Community School
EINHdr · item D87-1454553
Principal addressHdr · item CRollingstone, MN
Year of formationHdr · item L2022
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B29)
Ruling yearIRS BMFNov 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Lead Teacher
$27,277Pt VII · Sec A
Secretary/Teacher
$22,001Pt VII · Sec A
Community Rep.
$0Pt VII · Sec A
$0Pt VII · Sec A
Community Rep.
$0Pt VII · Sec A
Interim Chair
$0Pt VII · Sec A
Tresurer
$0Pt VII · Sec A
Community Rep.
$0Pt VII · Sec A

Anthony Reisdorfer’s $56K as Director/Lead Teacher is at the 48th percentile of top reported officer pay among 1616 $100K–1M 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 · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022
Anthony Reisdorfer$56,299$51,342$27,277$27,277
Megan Lentner$51,419$42,918$22,001$22,001
Barb Rahn$1,726$663
Mary Stoos$294$124

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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Mission & Programs · Part III

Where the work happens

1 program service account for $22K of program spending, described in the organization's own filed words · FY2021.
01

Rollingstone Community School opened its doors on August 26, 2022. We hope to accomplish the following: Our goal is to sustian operation with a small Average Daily Membership projection.

$22Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$81K
— government grantsLn 1e$49K
Total revenueLn 12$81K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.33 Management & general $0.67
Program services33%$22K
Management & general67%$45K
Total functional expensesLn 25$67K

Balance Sheet

Part X · end of year
CashLn 1$10K
Total assetsLn 16$51K
Total liabilitiesLn 26$37K
Total net assetsLn 32$14K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $10K · Operating expenses/yr $67K
1.7 months
Where the money goes
Program services
Program services $22K · Total expenses $67K
33%
Management & General
Management & general $45K · Total expenses $67K
67%
Fundraising
Fundraising $0 · Total expenses $67K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $31K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $81K · Total revenue $81K
100%
Government reliance
Government grants $49K · Total revenue $81K
61%
Earned-income share
Program service revenue $0 · Total revenue $81K
0%
Investment reliance
Investment income $0 · Total revenue $81K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $67K
0%
Growth & trend
Revenue growth (YoY)
This year $81K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $14K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $81K · Expenses $67K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $51K
Net-asset ratio
Net assets $14K · Total assets $51K
27%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $51K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Anthony Reisdorfer · Reported title Lead Teacher · Highest reported compensation $27K · Total expenses $67K
41%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $30K · Total expenses $67K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 33%
Overhead ratio 67%
Fundraising cost ratio 0%
Legal fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$1K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$795K revenue · ⤓ 990 PDF
FY2023$637K revenue · ⤓ 990 PDF
FY2022$81K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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