Central Lakes Adventure School
Nonprofit profile at a glance
- EIN
- 412012406
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Pillager, MN, USA
- Phone
- 2187463875
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $558,449
- Expenses
- $383,489
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Highest reported compensation
- SARAH SALO (BOARD MEMBER): $41,680 total reported compensation
- JENNIFER CRIMMINS (TREASURER/SECRETARY): $37,176 total reported compensation
- BRENDA TWEDT (FORMER CHAIR): $33,430 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Central lakes adventure school (clas) will educate by building relationships with students, families and community; and provide opportunities to develop career readiness skills through experiential approaches to curriculum and instruction.
What it reported doing in 2024
The organization operates as a minneosta charter school district. As such, central lakes adventure school provides educational opportunities for junior high and high school students pursuing a high school diploma. The district must comply with the policies of the Minnesota department of education who funds their educational activities. The charter will close at the end of the 2025 school year.
Operating model
- Revenue model
- Grant-funded. 91% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 24
- Transparency & Controls: 92
- Accountability: 62
- Sustainability: 41
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 23.2%; rating input score 23
- Program expense ratio: 33.7%; rating input score 34
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 42.9%; rating input score 43; 11th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 31.3%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 35.7%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: -5.6% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -0.2% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 23.2% of revenue deployed · 33.7% of spending went to programs
- Governance: 3 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $129K in reported program spending
- Leadership: top reported pay $42K · 7 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 23/100.
- Moderate — Financial Efficiency: Program expense ratio scored 34/100.
- Moderate — Accountability: Independent voting board scored 43/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 5/100.