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Nonprofiteer
← MINNESOTA TRANSITIONS CHARTERED SCHOOL

Form 990 for tax year 2024

Filed by MINNESOTA TRANSITIONS CHARTERED SCHOOL.

Totals

Total revenue
$88,333,286
Total expenses
$85,369,781
Contributions and grants received
$85,202,322
Grants paid
$0
Program service revenue
$1,940,745
Investment income
$1,190,088
Other revenue
$131
Total assets, end of year
$68,345,815
Total liabilities, end of year
$62,892,733
Net assets or fund balances, end of year
$5,453,082
Program services expenses (Part IX)
$74,249,756
Management and general expenses
$11,120,025
Fundraising expenses
$0
Program service expenses (Part III)
$74,249,756

Program services were 87.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $85,194,416

  • 1f · All other contributions, gifts and grants

    $7,906

  • 2a · Program service revenue: REVENUE FROM LOCAL SOURCES

    total $1,877,733 · related or exempt $1,877,733

  • 2b · Program service revenue: CHARGES FOR SERVICES

    total $63,012 · related or exempt $63,012

  • 3 · Investment income

    total $1,184,500 · excluded $1,184,500

  • 7a · Gross sales of assets other than inventory

    other assets $115,170

  • 7b · Less cost or other basis and sales expenses

    other assets $109,582

  • 7c · Gain or loss

    other assets $5,588

  • 7d · Net gain or loss

    total $5,588 · related or exempt $5,588

  • 10a · Gross sales of inventory

    $131

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $131 · excluded $131

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,129,344 · program services $1,165,752 · management and general $963,592

  • 7 · Other salaries and wages

    total $12,287,754 · program services $10,652,610 · management and general $1,635,144

  • 8 · Pension plan contributions

    total $908,177 · program services $811,902 · management and general $96,275

  • 9 · Other employee benefits

    total $2,886,153 · program services $2,493,069 · management and general $393,084

  • 10 · Payroll taxes

    total $1,041,234 · program services $890,616 · management and general $150,618

  • 11b · Fees: legal

    total $35,300 · management and general $35,300

  • 11c · Fees: accounting

    total $319,816 · management and general $319,816

  • 11g · Fees: other

    total $53,378,332 · program services $52,497,728 · management and general $880,604

  • 12 · Advertising and promotion

    total $89,405 · program services $89,405

  • 13 · Office expenses

    total $13,414 · management and general $13,414

  • 14 · Information technology

    total $586,966 · program services $435,719 · management and general $151,247

  • 16 · Occupancy

    total $1,908,624 · program services $707,300 · management and general $1,201,324

  • 17 · Travel

    total $3,301,719 · program services $3,301,719

  • 19 · Conferences, conventions and meetings

    total $50,822 · program services $48,417 · management and general $2,405

  • 20 · Interest

    total $2,148,157 · management and general $2,148,157

  • 22 · Depreciation, depletion and amortization

    total $2,786,636 · program services $37,813 · management and general $2,748,823

  • 23 · Insurance

    total $173,311 · management and general $173,311

  • 24a · Other expenses: FOOD & BEVERAGE

    total $504,751 · program services $503,778 · management and general $973

  • 24b · Other expenses: NON-INSTRUCTIONAL SUPPL

    total $337,923 · program services $247,451 · management and general $90,472

  • 24c · Other expenses: INSTRUCTIONAL SUPPLIES

    total $259,043 · program services $259,043

  • 24d · Other expenses: GRANT EXPENSES

    total $51,875 · program services $51,875

  • 24e · All other expenses

    total $171,025 · program services $55,559 · management and general $115,466

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $30,513,449 · end of year $18,866,187

  • 3 · Pledges and grants receivable

    beginning of year $2,672,508 · end of year $1,749,053

  • 4 · Accounts receivable

    beginning of year $11,624,377 · end of year $9,674,848

  • 9 · Prepaid expenses and deferred charges

    beginning of year $320,448 · end of year $319,393

  • 10a · Land, buildings and equipment: cost or other basis

    $44,901,245

  • 10b · Land, buildings and equipment: accumulated depreciation

    $10,111,058

  • 10c · Land, buildings and equipment, net

    beginning of year $37,475,755 · end of year $34,790,187

  • 15 · Other assets

    beginning of year $3,390,221 · end of year $2,946,147

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,827,882 · end of year $10,994,531

  • 19 · Deferred revenue

    beginning of year $230,864 · end of year $230,864

  • 24 · Unsecured notes and loans payable

    beginning of year $40,200,325 · end of year $38,272,510

  • 25 · Other liabilities

    beginning of year $14,248,110 · end of year $13,394,828

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $37,475,755 · end of year $34,790,187

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$34,986,178 · end of year -$29,337,105

Mission and programs · 2024

Mission

WE ARE A STUDENT-CENTERED LEARNING COMMUNITY THAT INSPIRES AND SUPPORTS ALL LEARNERS TO ACHIEVE EXCELLENCE THROUGH EQUITABLE, RELEVANT LEARNING EXPERIENCES.

  • STUDENTS WHO MAY HAVE OTHERWISE FAILED AND/OR NOT BEEN ABLE TO MEET GRADUATION REQUIREMENTS IN TRADITIONAL PUBLIC EDUCATION, ARE ABLE TO PASS AND/OR GRADUATE IN CHARTER PUBLIC EDUCATION DUE TO FLEXIBLE PROGRAMMING OPTIONS AS WELL AS GREATER INDIVIDUALIZED SUPPORTS.

    Expenses $74,249,756 · Revenue $1,946,333

As filed on the 2024 return.

Listed in Part VII

  • Michael Durchslag

    PEASE DIRECTOR

    Total calculated
    $157,193
    From this org
    $108,034
    From related orgs
    $0
    Other
    $49,159
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $108,034
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $49,159
    Filer's total
    $157,193

  • Sam Trojan

    TEACHER

    Total calculated
    $110,233
    From this org
    $80,226
    From related orgs
    $0
    Other
    $30,007
    Hours/week
    40

  • Mars Robmann

    TEACHER

    Total calculated
    $93,133
    From this org
    $61,282
    From related orgs
    $0
    Other
    $31,851
    Hours/week
    40

  • Nikki Reinardy

    TEACHER/SECRETARY

    Total calculated
    $140,109
    From this org
    $98,071
    From related orgs
    $0
    Other
    $42,038
    Hours/week
    40

  • Peter Rand

    BOARD CHAIR

    Total calculated
    $120,915
    From this org
    $89,392
    From related orgs
    $0
    Other
    $31,523
    Hours/week
    40

  • Jennifer Reiling

    MTSS DIRECTOR

    Total calculated
    $165,243
    From this org
    $125,970
    From related orgs
    $0
    Other
    $39,273
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,970
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $39,273
    Filer's total
    $165,243

  • Arianna Edington

    TEACHER

    Total calculated
    $68,385
    From this org
    $44,364
    From related orgs
    $0
    Other
    $24,021
    Hours/week
    40

  • Zahra Farah

    TEACHER

    Total calculated
    $84,897
    From this org
    $59,310
    From related orgs
    $0
    Other
    $25,587
    Hours/week
    40

  • Matt Edgar

    TEACHER

    Total calculated
    $89,207
    From this org
    $62,140
    From related orgs
    $0
    Other
    $27,067
    Hours/week
    40

  • Alex Degroot

    TEACHER

    Total calculated
    $0
    Hours/week
    40

  • Belle Thompson

    PARENT

    Total calculated
    $0
    Hours/week
    0.5

  • Jynaya Jackson

    COMMUNITY MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Erin Copeland

    SPED DIRECTOR

    Total calculated
    $192,284
    From this org
    $134,639
    From related orgs
    $0
    Other
    $57,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,839
    Bonus
    $0
    Other
    $800
    Deferred
    $0
    Nontaxable benefits
    $57,645
    Filer's total
    $192,284

  • Wendy Lorenz-Walraven

    DIRECTOR OF EQUITY AND INCLUSION

    Total calculated
    $161,996
    From this org
    $115,981
    From related orgs
    $0
    Other
    $46,015
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $115,981
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $46,015
    Filer's total
    $161,996

  • Nick Sofio

    MTSE DIRECTOR

    Total calculated
    $159,361
    From this org
    $120,938
    From related orgs
    $0
    Other
    $38,423
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $120,138
    Bonus
    $0
    Other
    $800
    Deferred
    $0
    Nontaxable benefits
    $38,423
    Filer's total
    $159,361

  • Bill Glenz

    VIRTUAL DIRECTOR

    Total calculated
    $163,337
    From this org
    $124,366
    From related orgs
    $0
    Other
    $38,971
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,366
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,971
    Filer's total
    $163,337

  • Shawn Fondow

    EXECUTIVE DIRECTOR

    Total calculated
    $257,919
    From this org
    $180,472
    From related orgs
    $0
    Other
    $77,447
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,472
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $77,447
    Filer's total
    $257,919

  • Andrea Miller

    DIRECTOR OF ENGLISH LEARNING

    Total calculated
    $163,362
    From this org
    $123,775
    From related orgs
    $0
    Other
    $39,587
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,775
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $39,587
    Filer's total
    $163,362

  • Kelsey Bennett

    DIRECTOR OF COMPLIANCE, CURRICULUM AND INSTRUCTION

    Total calculated
    $148,436
    From this org
    $110,570
    From related orgs
    $0
    Other
    $37,866
    Hours/week
    40

  • Alyssa Scherkenbach

    MN VIRTUAL ELEMENTARY PRINCIPAL

    Total calculated
    $140,342
    From this org
    $104,002
    From related orgs
    $0
    Other
    $36,340
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
5 March 2026
IRS schema version
2024v5.5
Source object
202620689349300102

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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