Minnesota School of Science
Nonprofit profile at a glance
- EIN
- 202085828
- IRS 990 coverage
- 2011–2011
- Forms available
- Form 990 2011
- Location
- Minneapolis, MN, USA
- Phone
- 6128863225
- Rating confidence
- Limited
- Sector
- Interdisciplinary Research
Reported finances
- Revenue
- $2,440,001
- Expenses
- $2,323,666
- Assets
- $900,877
- Liabilities
- $784,542
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
10 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Minnesota school of science is to provide an open enrollment educational experience for k-12 grade urban students on the north side of minneapolis in which they are motivated to meet high standards and expectations in a rigorous college preparatory curriculum concentrating on mathematics, science, and technology.
What it reported doing in 2011
Operate a k-12 charter school on the north side of minneapolis that helps students meet high standards and expectations in a rigorous college preparatory curriculum concentrating on mathematics, science, and technology.
Operating model
- Revenue model
- Grant-funded. 90% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 43
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th 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: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.8%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.87; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 3.2%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.8M in reported program spending
- Leadership: top reported pay $74K · 10 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.