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Nerstrand Elementary School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411946091 ✦ Nerstrand, MN ✦ Designated as a 501(c)(3)

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Overview

What is Nerstrand Elementary School?

Nerstrand Elementary School is a public educational institution situated in Nerstrand, Minnesota. Serving students from kindergarten through fifth grade, this school is committed to delivering an exceptional educational experience, with a focus on environmental learning integrated into its curriculum. Its mission is to cultivate self-directed, lifelong learners by fostering a nurturing, multi-age environment that encourages cooperation and character development. Located at PO Box 156, 205 S Second Street, Nerstrand, MN 55053.


Official website here: www.nerstrand.charter

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (73%)

Nerstrand Elementary School has received a two-star rating from Charity Navigator, indicating that while the organization has strengths, there are significant areas that require attention. The organization excels in its accountability and finance, achieving a perfect score of 100% in this category. It boasts a strong program expense ratio of 87.40%, meaning a large portion of its expenses are directed towards its educational programs.

However, the nonprofit faces challenges in governance, particularly with its board structure. Only 42% of its board members are independent, leading to a low score in that area. Additionally, it has been flagged for a high liabilities to assets ratio of 119.37%, which raises concerns about financial stability. The absence of the tax form on the nonprofit's website further detracts from its accountability, indicating areas where transparency could be improved.


This AI summary has been generated from information found on Charity Navigator.

Is Nerstrand Elementary School legitimate?

Nerstrand Elementary School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nerstrand Elementary School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $51,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nerstrand.charter

What is the mission statement of Nerstrand Elementary School?

Nerstrand Elementary School's mission is centered around fostering self-directed learners in grades K-5. It achieves this by offering a nurturing, multi-age environment that encourages cooperation and character development. The school's goal is to empower its students to continue learning throughout their lives. By providing this education, Nerstrand Elementary School aims to create an environment that fosters personal growth beyond the classroom. The school also places a strong emphasis on character development, ensuring that its students grow into well-rounded individuals.


Official website here: www.nerstrand.charter

What is the revenue of Nerstrand Elementary School?

Nerstrand Elementary School's revenue in 2024 was $1,832,171.


Official website here: www.nerstrand.charter

Who are the executives of Nerstrand Elementary School and what are their salaries?

There 30 volunteers at Nerstrand Elementary School.

Here are 9 key members and their salaries:


Traci Laferriere (Business Manager)
  • Compensation: $53,036
  • Related: $0
  • Other: $0
Nicole Musolf (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carissa Erickson (Parent Rep/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Vondrasek (Teacher Rep / Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Mcbride (Teacher Rep/ Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Bonde (Teacher Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Bossmann (Parent Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Neumann (Community Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Mcgregor (Teacher Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nerstrand.charter

Where can I find the form 990 for Nerstrand Elementary School?

Nerstrand Elementary School's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.nerstrand.charter

Learn more at the official website: www.nerstrand.charter

Mission Statement of Nerstrand Elementary School

Nerstrand Elementary School, a public institution serving students in grades K-5, is dedicated to empowering its pupils to become self-directed, lifelong learners. The school achieves this mission by creating a nurturing, multi-age environment that encourages cooperation and character development. This educational approach fosters an atmosphere where students can grow both academically and personally, preparing them for future learning experiences beyond elementary school.

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Impact




July, 2024

Nerstrand Elementary School has a significant impact on the community by providing an outstanding education for students in grades K-5. The school's mission is to empower students to be self-directed, lifelong learners through a nurturing and cooperative environment that also focuses on character development. Additionally, Nerstrand Elementary School incorporates environmental learning into its curriculum, enhancing students' understanding and appreciation for the world around them. This holistic approach to education prepares students for success both academically and personally, making a positive impact on their lives and the community as a whole.




This information is meant to be a general summary of Nerstrand Elementary School. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,832,171 (2024)
Expenses
$1,540,286 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $29,783
  • Program Service Revenue: $18,689
  • Gross Receipts: $1,839,326

Assets and Liabilities:

  • Total Assets: $948,082
  • Total Liabilities: $1,131,764
  • Net Assets: -$183,682

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Fees from Patrons

Revenue

$15,235

Medical Assistance

Revenue

$3,454

Organization Details

Founding Year

1999

Principal Officer

Nicole Musolf

NTEE Category

Code: B29 - Education

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