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Discovery Woods

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

EIN: 800245524 ✦ Brainerd, MN ✦ Designated as a 501(c)(3)

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Overview

What is Discovery Woods?

Discovery Woods is a nonprofit organization situated in Brainerd, Minnesota, at 604 North 7th Street. They operate as a Monteessori-concept public elementary school, catering to students from kindergarten to sixth grade in the Brainerd area. Their mission is to offer families in the Brainerd Lakes region a top-notch elementary education, tailored to the unique needs of each child, with a strong emphasis on the environment. During the fiscal year 2022, they served a total of 104 students. The organization is staffed by a team of 49 dedicated individuals.


Official website here: www.discoverywoods.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 78%, Three-Star out of Four Star rating.

Discovery Woods has received a Three-Star rating due to its overall score of 78%, which reflects strong performance in the Accountability & Finance category. This rating is derived entirely from a comprehensive assessment of various governance and financial health metrics, indicating a commitment to financial transparency and accountability.

The organization demonstrates a solid structure with 57% of its board members being independent, which is a positive indicator of governance practices. Additionally, it has effective policies in place, such as a conflict of interest policy and a whistleblower policy, both of which are essential for maintaining ethical standards. The organization also scored well in areas like financial statements oversight and the absence of asset diversion.

However, there are some concerns regarding financial metrics, particularly with a liabilities to assets ratio of 80.81%, which may indicate potential financial risk. Despite a respectable program expense ratio of 67.98%, which shows a significant portion of expenses directed towards programs, the high liabilities could impact long-term sustainability. Overall, while Discovery Woods exhibits strengths in governance and accountability, attention to its financial health is recommended for future stability.


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

Is Discovery Woods legitimate?

Discovery Woods is a legitimate nonprofit organization registered as a 501(c)(3) entity. Discovery Woods 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: $155,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $585,759

For more financial information, click here


Official website here: www.discoverywoods.com

What is the mission statement of Discovery Woods?

Discovery Woods, an elementary education center, is committed to providing families with a high-quality choice for education tailored to each child's individual needs, with a strong focus on the environment. The mission of this educational institution is to offer a Montessori concept-based public school, catering to students from kindergarten to sixth grade, ensuring a nurturing and stimulating learning environment. By prioritizing the unique needs of each student and incorporating environmental elements into their curriculum, Discovery Woods aims to foster well-rounded and engaged learners.


Official website here: www.discoverywoods.com

Who is the CEO of Discovery Woods?

Kristi Crocker is the Vice-Chairperson of Discovery Woods.


Official website here: www.discoverywoods.com

What is the revenue of Discovery Woods?

Discovery Woods's revenue in 2022 was $1,698,072.


Official website here: www.discoverywoods.com

Who are the executives of Discovery Woods and what are their salaries?

The average compensation at Discovery Woods during 2022 was $15,136. There are 49 employees and 3 volunteers at Discovery Woods.


Here are 8 key members and their salaries:


Kara Devriendt (Vice-Chairperson)
  • Compensation: $37,798
  • Related: $0
  • Other: $4,823
Lisa Laasch (Member)
  • Compensation: $36,040
  • Related: $0
  • Other: $2,950
Tom Potter (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Verdon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emma Needham (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Zeigler (Former Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Crocker (Executive Director)
  • Compensation: $66,800
  • Related: $0
  • Other: $7,475
Amanda Byrnes (Former Member)
  • Compensation: $8,115
  • Related: $0
  • Other: $632


Official website here: www.discoverywoods.com

Where can I find the form 990 for Discovery Woods?

Discovery Woods's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.discoverywoods.com

Learn more at the official website: www.discoverywoods.com

Mission Statement of Discovery Woods

Discovery Woods, a notable organization, is committed to offering Brainerd Lakes Area families an exceptional choice for high-quality elementary education. The focus of this institution is centered around the unique needs of each child, with a strong emphasis on the environment. The mission of Discovery Woods is to provide an environment that fosters growth and learning, tailoring the educational experience to the individual needs of each student. This approach ensures that every child in its care receives an education that caters to their unique strengths and weaknesses, ultimately setting them up for success in their future academic pursuits.

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Impact




July, 2024

Discovery Woods has had a significant impact on the Brainerd Lakes Area by providing a high-quality elementary education centering around the individual needs of the child with a focus on the environment. By offering a Montessori concept public elementary school, the organization has served 104 students in grades kindergarten through sixth in the fiscal year 2022. This initiative has provided families in the Brainerd, MN area with an alternative educational option that prioritizes personalized learning and environmental awareness, contributing positively to the local community's educational landscape.




This information is meant to be a general summary of Discovery Woods. 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
$1,698,072 (2022)
Expenses
$1,380,012 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $974
  • Program Service Revenue: $87,071
  • Gross Receipts: $1,701,696

Assets and Liabilities:

  • Total Assets: $2,205,715
  • Total Liabilities: $2,010,736
  • Net Assets: $194,979

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Programs

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

CHARGES FOR SERVICES

Revenue

$82,164

OTHER LOCAL REVENUES

Revenue

$4,907

Organization Details

Founding Year

2008

Principal Officer

Kristi Crocker

Main Address

604 NORTH 7TH STREET, BRAINERD, MN, 56401

NTEE Category

Code: B29 - Education

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