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

Rollingstone Community School FY2023 filing

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Prepares students for lifelong learning through family and community partnerships. For fiscal year 2023 it reported $637K in revenue, $638K in expenses, and $13K in net assets.Pt I

Founded
2022
Type
Public charity (501(c)(3)) · Education
Location
Rollingstone, MN
Website
rollingstonecommunityschool.com
Filings
3 on file (2022–2023)
Revenue
$637KFY2023
Expenses
$638K
Net assets
$13K
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)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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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
$637K revenue, $638K expenses
Bottom line
71% program efficiency
Where the money goes · FY2023
Total revenue
$637K
Pt VIII · Ln 12
Total expenses
$638K
Pt IX · Ln 25
Net assets
$13K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.29
Program efficiency
71%
of spending reaches programs
Operating runway
1.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$637K
FY2023▲ +690%
Expenses
$638K
FY2023▲ +856%
Total assets
$191K
FY2023▲ +273%
Total liabilities
$178K
FY2023▲ +378%
Total revenue
$637K
Pt VIII · Ln 12
Total expenses
$638K
Pt IX · Ln 25
Net assets
$13K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1K
Total assetsPt X · Ln 16$191K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $452K of program spending, described in the organization's own filed words · FY2022.
01

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

$452Kprogram expense

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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 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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 (FY2022); the FY2023 filing did not itemize Part VII
Lead Teacher
$27,277Pt VII · Sec A
$22,001Pt VII · Sec A
Interim Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
Tresurer
$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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Statement of Revenue

Part VIII
Contributions & grants$603K · 95%
Other revenue$27K · 4%
Program service revenue$7K · 1%
Contributions & grants95%$603K
Other revenue4%$27K
Program service revenue1%$7K
— government grantsLn 1e$574K
Total revenueLn 12$637K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.29
Program services71%$452K
Management & general29%$186K
Total functional expensesLn 25$638K

Balance Sheet

Part X · end of year
CashLn 1$61K
Total assetsLn 16$191K
Total liabilitiesLn 26$178K
Total net assetsLn 32$13K
Months of cash on handcomputed1.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $61K · Operating expenses/yr $638K
1.1 months
Where the money goes
Program services
Program services $452K · Total expenses $638K
71%
Management & General
Management & general $186K · Total expenses $638K
29%
Fundraising
Fundraising $0 · Total expenses $638K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $30K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $603K · Total revenue $637K
95%
Government reliance
Government grants $574K · Total revenue $637K
90%
Earned-income share
Program service revenue $7K · Total revenue $637K
1%
Investment reliance
Investment income $0 · Total revenue $637K
0%
Program self-sufficiency
Program service revenue $7K · Total expenses $638K
1%
Growth & trend
Revenue growth (YoY)
This year $637K · Prior year $81K
+690%
Net-asset trend (YoY)
End of year $13K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $637K · Expenses $638K
-0.2%
Liabilities-to-Assets
Total liabilities — · Total assets $191K
Net-asset ratio
Net assets $13K · Total assets $191K
7%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $191K
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 $638K
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $352K · Total expenses $638K
55%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 29%
Fundraising cost ratio 0%
Revenue growth 690%
Legal fee ratio 0.05%
Accounting fee ratio 6%

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 · viewing · ⤓ 990 PDF
FY2022$81K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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