Totals
- Total revenue
- $2,334,317
- Total expenses
- $2,117,383
- Contributions and grants received
- $251,093
- Grants paid
- $0
- Program service revenue
- $2,083,297
- Investment income
- -$73
- Other revenue
- $0
- Total assets, end of year
- $1,141,859
- Total liabilities, end of year
- $1,602,921
- Net assets or fund balances, end of year
- -$461,062
- Program services expenses (Part IX)
- $1,702,085
- Management and general expenses
- $415,298
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,702,085
Program services were 80.4% 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)
$136,621
-
1f · All other contributions, gifts and grants
$114,472
-
2a · Program service revenue: Federal and state sour
total $1,989,348 · related or exempt $1,989,348
-
2b · Program service revenue: Other educational purp
total $93,949 · related or exempt $93,949
-
7b · Less cost or other basis and sales expenses
other assets $73
-
7c · Gain or loss
other assets -$73
-
7d · Net gain or loss
total -$73 · related or exempt -$73
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,145,312 · program services $880,337 · management and general $264,975
-
8 · Pension plan contributions
total $492 · program services $492
-
11b · Fees: legal
total $7,038 · management and general $7,038
-
11c · Fees: accounting
total $53,398 · management and general $53,398
-
11g · Fees: other
total $236,741 · program services $198,388 · management and general $38,353
-
13 · Office expenses
total $48,007 · program services $24,709 · management and general $23,298
-
14 · Information technology
total $8,904 · program services $4,837 · management and general $4,067
-
16 · Occupancy
total $309,112 · program services $308,648 · management and general $464
-
17 · Travel
total $2,028 · management and general $2,028
-
19 · Conferences, conventions and meetings
total $8,100 · program services $8,100
-
20 · Interest
total $8,390 · program services $5,255 · management and general $3,135
-
21 · Payments to affiliates
total $14,671 · program services $70 · management and general $14,601
-
22 · Depreciation, depletion and amortization
total $22,228 · program services $22,228
-
23 · Insurance
total $27,043 · program services $27,043
-
24a · Other expenses: Transportation
total $194,087 · program services $194,087
-
24b · Other expenses: Food
total $82,615 · program services $82,615
-
24c · Other expenses: Field trips
total $65,325 · program services $65,325
-
24d · Other expenses: Food
total $3,941 · management and general $3,941
-
24e · All other expenses
total -$120,049 · program services -$120,049
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $279,877 · end of year $300,100
-
4 · Accounts receivable
beginning of year $206,022 · end of year $260,203
-
9 · Prepaid expenses and deferred charges
beginning of year $6,445 · end of year $8,200
-
10a · Land, buildings and equipment: cost or other basis
$545,447
-
10b · Land, buildings and equipment: accumulated depreciation
$271,050
-
10c · Land, buildings and equipment, net
beginning of year $296,698 · end of year $274,397
-
15 · Other assets
beginning of year $434,977 · end of year $298,959
-
17 · Accounts payable and accrued expenses
beginning of year $130,565 · end of year $168,039
-
23 · Secured mortgages and notes payable
beginning of year $300,000 · end of year $254,968
-
25 · Other liabilities
beginning of year $1,471,450 · end of year $1,179,914
-
29 · Capital stock, trust principal or current funds
beginning of year -$974,694 · end of year -$736,041
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $296,698 · end of year $274,397
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $582
Mission and programs · 2022
Mission
In community, El Colegio honors and builds upon the talents of bilingual students and their diverse families to provide the academic rigor, leadership skills, career preparation, and community connections necessary to fulfill their potential as change makers.
Activities or mission (Part I)
Provide educational programs for students in compliance with Minnesota public education.
-
El Colegio Charter School strives to graduate creative, culturally-grounded students who excel in bilingual and bicultural environments who are prepared for college, employment and community leadership. Community Service: El Colegio Charter School is the cornerstone of a larger cultural and education center that is an accessible gathering place for Latino and other communities. Our building is designed to encompass not only the school but also to incorporate space to be used by the community for ongoing arts and cultural programs. An annual celebration, widely attended by the community, is Day of the Dead. During the fiscal year ended June 30, 2023 El Colegio Charter School served an estimated 87 students.
Expenses $1,702,085 · Revenue $2,083,224
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tamara Ramirez-Torres
Member
- Total calculated
- $72,306
- From this org
- $72,306
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Madelaine Cahuas
Member
- Total calculated
- $0
- Hours/week
- 1
-
Dr Elizabeth Sumida Huaman
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Kent Fordyce
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Ann Zukoski
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Tony Aarts
Chair
- Total calculated
- $0
- Hours/week
- 1
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.
Schedule J
Answered yes
- 3 · Compensation committee
- 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.
-
501(c)(3) · Facility Leasing · MN
Directly controlled by El Colegio Charter School
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431319349304083
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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