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Eagle Ridge Academy

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

EIN: 731673656 ✦ Minnetonka, MN ✦ Designated as a 501(c)(3)

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Overview

What is Eagle Ridge Academy?

Eagle Ridge Academy is a nonprofit institution, located at 11111 Bren Rd W, Minnetonka, MN, 55343. Their mission is to offer a traditional, classical education for students in grades K-12, fostering academic excellence, commendable behavior, and positive attitudes. During the 2021-2022 academic year, they served approximately 1,427 students. Their team consists of 242 employees dedicated to helping students reach their highest potential.


Official website here: www.eagleridgeacademy.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.

Eagle Ridge Academy has earned a Three-Star rating, reflecting a solid 81% score in Accountability & Finance. This score is derived exclusively from the accountability and financial performance of the organization, indicating a strong commitment to transparent and responsible financial management practices. The organization boasts a majority of independent board members and comprehensive audit oversight, both of which are positive indicators of governance strength.

Strengths highlighted include an impressive program expense ratio of 88.20%, suggesting that a significant portion of resources directly supports program activities rather than administrative costs. Furthermore, Eagle Ridge Academy has established thorough policies regarding conflicts of interest, whistleblower protections, and document retention, reinforcing its accountability framework.

On the other hand, while the financial health appears robust, detailed insights on program impact or community feedback were not available, which limits a full understanding of the organization's effectiveness in its mission. Nevertheless, the financial integrity and governance practices are commendable, positioning Eagle Ridge Academy favorably among similar organizations.


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

Is Eagle Ridge Academy legitimate?

Eagle Ridge Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eagle Ridge Academy 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: $523,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,834,027

For more financial information, click here


Official website here: www.eagleridgeacademy.org

What is the mission statement of Eagle Ridge Academy?

Eagle Ridge Academy strives to deliver a traditional, classical education to students in grades K-12, pushing them to reach their full academic, behavioral, and attitudinal potential. The institution is dedicated to providing an education that demands the best from its students and challenges them to realize their highest potential. Throughout the fiscal year ending on June 30, 2022, Eagle Ridge Academy served an estimated 1,427 students. This educational institution focuses on engaging students in rigorous academic pursuits and fostering the development of positive behaviors and attitudes.


Official website here: www.eagleridgeacademy.org

Who is the CEO of Eagle Ridge Academy?

Clare Murray is the Board Chair/Teacher of Eagle Ridge Academy.


Official website here: www.eagleridgeacademy.org

What is the revenue of Eagle Ridge Academy?

Eagle Ridge Academy's revenue in 2022 was $19,588,195.


Official website here: www.eagleridgeacademy.org

Who are the executives of Eagle Ridge Academy and what are their salaries?

The average compensation at Eagle Ridge Academy during 2022 was $34,534. There are 242 employees and 270 volunteers at Eagle Ridge Academy.


Here are 14 key members and their salaries:


Jason Ulbrich (Executive Director)
  • Compensation: $146,087
  • Related: $0
  • Other: $34,993
Janelle Mellgren (Principal Of School And Grammar)
  • Compensation: $103,021
  • Related: $0
  • Other: $18,807
April Grabanski (Vice Chair/Teacher)
  • Compensation: $71,615
  • Related: $0
  • Other: $6,044
Jane Wegener (Former Board Member/Teacher)
  • Compensation: $53,356
  • Related: $0
  • Other: $20,487
Clare Murray (Board Chair/Teacher)
  • Compensation: $62,839
  • Related: $0
  • Other: $5,274
Anne Bartow (Secretary/Teacher)
  • Compensation: $60,440
  • Related: $0
  • Other: $5,087
Jeff Magnuson (Former Board Member/Teacher)
  • Compensation: $50,340
  • Related: $0
  • Other: $14,817
Lisa Johnson (Former Member/Teacher)
  • Compensation: $59,974
  • Related: $0
  • Other: $5,000
Matthew Berg (Board Member/Teacher)
  • Compensation: $46,013
  • Related: $0
  • Other: $13,030
Haley Thompson (Board Member/Teacher)
  • Compensation: $42,871
  • Related: $0
  • Other: $12,006
David Croson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Longo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanky Kirshnan (Board Member/Parent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Teder (Board Member/Parent)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eagleridgeacademy.org

Where can I find the form 990 for Eagle Ridge Academy?

Eagle Ridge Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eagleridgeacademy.org

Learn more at the official website: www.eagleridgeacademy.org

Mission Statement of Eagle Ridge Academy

Eagle Ridge Academy, a reputable educational institution, strives to deliver a traditional and classical education to students in grades K-12. The organization's mission is geared towards bringing out the best in its students academically, behaviorally, and attitudinally. By challenging students to reach their highest potential, Eagle Ridge Academy aims to demand excellence and foster growth in its learners. During the fiscal year that ended on June 30, 2022, the academy served an estimated 1,427 students.

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Impact




October, 2024

Eagle Ridge Academy profoundly impacts its students through a commitment to providing a traditional, classical education that emphasizes academic rigor, behavioral excellence, and positive attitudes. Catering to grades K-12, the academy fosters an environment where 1,427 students are empowered to strive for their highest potential.

By integrating a curriculum that demands excellence, Eagle Ridge not only cultivates academic achievement but also shapes character, instilling values that propel students beyond the classroom. This holistic approach ensures that students are not only well-prepared for future challenges but also develop the skills and virtues necessary for lifelong success. In Minnetonka, MN, Eagle Ridge Academy stands out as a beacon for educational excellence, inspiring students to rise to their best selves.




This information is meant to be a general summary of Eagle Ridge Academy. 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
$19,588,195 (2022)
Expenses
$17,873,239 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$64,312
  • Program Service Revenue: $536,517
  • Gross Receipts: $19,611,424

Assets and Liabilities:

  • Total Assets: $13,994,615
  • Total Liabilities: $16,007,548
  • Net Assets: -$2,012,933

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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

$515,583

FOOD SALES

Revenue

$17,765

MEDICAL ASSISTANCE

Revenue

$3,169

Organization Details

Founding Year

2004

Principal Officer

Clare Murray

Main Address

11111 BREN RD W, MINNETONKA, MN, 55343

NTEE Category

Code: B29 - Education

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