Civic Intelligence

Stride Academy Charter School

EIN 20-1161981 • 501(c)3 • St Cloud, MN

Profile

Stride Academy nurtures individuals while fostering leadership and empowering students to attain their highest potential in a family-centered environment.

3241 Oak Ham LnSt Cloud, MN 56303

www.strideacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.10x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.63x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

55th percentile

6.8%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

39th percentile

2.4%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$5,700,736

Up $716,785 (+14%) from 2023

Liabilities

Down

$5,090,329

Down $411,843 (-7.5%) from 2023

Net Assets

Up

$610,407

Up $1,128,628 (+218%) from 2023

Operations
Liabilities / Revenue78th percentileNet Margin55th percentile

Revenue

Up

$11,021,529

Up $2,218,194 (+25%) from 2023

Expenses

Up

$9,892,901

Up $1,688,585 (+21%) from 2023

Net Income

Up

$1,128,628

Up $529,609 (+88%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth68th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2011: $1,370,383Liabilities 2011: $980,340Net Assets 2011: $390,0432011Assets 2012: $1,626,860Liabilities 2012: $1,352,384Net Assets 2012: $274,4762012Assets 2013: $1,039,680Liabilities 2013: $620,845Net Assets 2013: $418,8352013Assets 2014: $1,042,719Liabilities 2014: $431,478Net Assets 2014: $611,2412014Assets 2015: $1,576,896Liabilities 2015: $3,070,453Net Assets 2015: -$1,493,5572015Assets 2016: $2,017,584Liabilities 2016: $3,276,681Net Assets 2016: -$1,259,0972016Assets 2017: $2,105,822Liabilities 2017: $4,769,244Net Assets 2017: -$2,663,4222017Assets 2018: $8,422,169Liabilities 2018: $13,127,100Net Assets 2018: -$4,704,9312018Assets 2019: $4,679,089Liabilities 2019: $8,436,912Net Assets 2019: -$3,757,8232019Assets 2020: $5,022,453Liabilities 2020: $9,042,835Net Assets 2020: -$4,020,3822020Assets 2021: $4,574,295Liabilities 2021: $8,516,516Net Assets 2021: -$3,942,2212021Assets 2022: $4,457,722Liabilities 2022: $7,086,679Net Assets 2022: -$2,628,9572022Assets 2023: $4,983,951Liabilities 2023: $5,502,172Net Assets 2023: -$518,2212023Assets 2024: $5,700,736Liabilities 2024: $5,090,329Net Assets 2024: $610,4072024

Highlighted filing

2024

Assets$5,700,736
Liabilities$5,090,329
Net Assets$610,407
Open 2024 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,593,918Expenses 2011: $3,946,721Net Income 2011: -$352,8032011Revenue 2012: $4,153,443Expenses 2012: $4,269,010Net Income 2012: -$115,5672012Revenue 2013: $4,816,846Expenses 2013: $4,672,487Net Income 2013: $144,3592013Revenue 2014: $5,436,633Expenses 2014: $5,244,227Net Income 2014: $192,4062014Revenue 2015: $5,967,574Expenses 2015: $5,656,343Net Income 2015: $311,2312015Revenue 2016: $7,284,806Expenses 2016: $7,050,346Net Income 2016: $234,4602016Revenue 2017: $7,929,446Expenses 2017: $9,333,771Net Income 2017: -$1,404,3252017Revenue 2018: $5,044,495Expenses 2018: $7,086,004Net Income 2018: -$2,041,5092018Revenue 2019: $4,830,440Expenses 2019: $4,853,137Net Income 2019: -$22,6972019Revenue 2020: $5,615,399Expenses 2020: $5,906,765Net Income 2020: -$291,3662020Revenue 2021: $7,078,293Expenses 2021: $7,124,789Net Income 2021: -$46,4962021Revenue 2022: $8,594,505Expenses 2022: $7,282,673Net Income 2022: $1,311,8322022Revenue 2023: $8,803,335Expenses 2023: $8,204,316Net Income 2023: $599,0192023Revenue 2024: $11,021,529Expenses 2024: $9,892,901Net Income 2024: $1,128,6282024

Highlighted filing

2024

Revenue$11,021,529
Expenses$9,892,901
Net Income$1,128,628
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,700,736
Liabilities
$5,090,329
Net assets
$610,407
Revenue
$11,021,529
Expenses
$9,892,901
Net income
$1,128,628
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.70$5.09$0.61$11.0$9.89$1.13
2023Detailed filing. Detailed filing data is available for this year.$4.98$5.50$0.52$8.80$8.20$0.60
2022Detailed filing. Detailed filing data is available for this year.$4.46$7.09$2.63$8.59$7.28$1.31
2021Detailed filing. Detailed filing data is available for this year.$4.57$8.52$3.94$7.08$7.12$0.05
2020Detailed filing. Detailed filing data is available for this year.$5.02$9.04$4.02$5.62$5.91$0.29
2019Detailed filing. Detailed filing data is available for this year.$4.68$8.44$3.76$4.83$4.85$0.02
2018Detailed filing. Detailed filing data is available for this year.$8.42$13.1$4.70$5.04$7.09$2.04
2017Detailed filing. Detailed filing data is available for this year.$2.11$4.77$2.66$7.93$9.33$1.40
2016Detailed filing. Detailed filing data is available for this year.$2.02$3.28$1.26$7.28$7.05$0.23
2015Detailed filing. Detailed filing data is available for this year.$1.58$3.07$1.49$5.97$5.66$0.31
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.43$0.61$5.44$5.24$0.19
2013Summary only. Only limited summary data is available for this year.$1.04$0.62$0.42$4.82$4.67$0.14
2012Summary only. Only limited summary data is available for this year.$1.63$1.35$0.27$4.15$4.27$0.12
2011Summary only. Only limited summary data is available for this year.$1.37$0.98$0.39$3.59$3.95$0.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$11,024,638
Mission and Program Overview

Mission

Stride academy nurtures individuals while fostering leadership and empowering students to attain their highest potential in a family-centered environment.

Operation of charter school in St. Cloud, Minnesota

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,331,616$2,215,552▲ $883,936
Accounts Receivable$1,308,867$1,203,400▼ $105,467
Land, Buildings, and Equipment, Net$530,520$518,164▼ $12,356
Cash and Non-Interest-Bearing Accounts$250,169--
Prepaid Expenses and Deferred Charges$68,500$126,637▲ $58,137
Total Assets$4,983,951$5,700,736▲ $716,785
Other Assets Total$1,494,279$1,636,983▲ $142,704
Liabilities
Other Liabilities$4,838,313$4,528,658▼ $309,655
Accounts Payable and Accrued Expenses$663,859$561,671▼ $102,188
Total Liabilities$5,502,172$5,090,329▼ $411,843
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,048,741$457,681▲ $1,506,422
Net Assets With Donor Restrictions$530,520$152,726▼ $377,794
Total Net Assets Fund Balance$-518,221$610,407▲ $1,128,628
Total Liabilities and Net Assets / Fund Balance$4,983,951$5,700,736▲ $716,785

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$243,712$245,607$489,319
Leasehold Improvements$274,452$152,137$426,589
Other Assets Org$588,064--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric SkansonExecutive DirectorFT$143,260$20,954$164,214
Nathan SchweitersPresident / PrincipalFT$118,079$18,384$136,463
Kayla SilverbergSecretary / TeacherFT$70,284$13,687$83,971
Andy LymanVice Chair / TeacherFT$69,455$13,951$83,406
Hassan ShuriyeMember / Teacher / Resigned 1/24FT$48,833$4,222$53,055

Board Members and Trustees

NameTitle
Sara FrommBoard Chair
Aaron LundbladMember
Tina BarakTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
New Horizon Foods IncSchool lunch service2670 106th St Suite 140, Des Moines, IA 50322$320,434
Envirotech Building ServicesJanitorial services250 Sundial Drive, Waite Park, MN 56387$164,440
BerganKDV Outsourced ServicesFinacial management5454 West 110th Street, Overland Park, KS 66211$129,584
Revenue and Support

Revenue Composition

Contributions and Grants
$10,304,788
Program Service Revenue
$632,572
Investment Income
$47,254
Other Revenue
$36,915
All Other Contributions
$8,481
Change in Net Assets
$1,128,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,702,438
Other Expenses$4,190,463
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,414,703$596,368-$4,011,071
Occupancy$2,109,681--$2,109,681
Fees for Services Other$622,239$67,687-$689,926
Current Officers, Directors, Trustees, and Key Employees$468,553$80,507-$549,060
Other Employee Benefits$403,544$54,295-$457,839
Pension Plan Contributions$300,185$52,247-$352,432
Payroll Taxes$283,194$48,842-$332,036
Information Technology$129,826$54,315-$184,141
All Other Expenses$146,454--$146,454
Fees for Services Accounting-$139,785-$139,785
Office Expenses$89,302$16,734-$106,036
Depreciation Depletion$72,953$2,390-$75,343
Travel$61,624$532-$62,156
Insurance$47,136--$47,136
Other Expenses$4,076$1,738-$5,814
Total Functional Expenses$8,725,622$1,167,279$0$9,892,901
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net pension Liability$4,229,491
Deferred Inflow of Pension Resources$217,523
Compensated Absences Payable$81,644
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7A

“As per MN Statute 124E.07, staff members employed at the school, including teachers providing instruction under a contract, members of the board of directors, an all parent or lgal guardians of children enrolled in the school are the voters eligible to elect the members of the schoold board of directors.”

Form 990, Part VI, Section A, line 8B

“There are no committees with authority to act on behalf of the governing board.”

Form 990, Part VI, Section B, line 11B

“The return is reviewed by the Director and Business Manager prior to filing.”

Form 990, Part VI, Section B, line 12C

“The Academy's conflisct of interest policy applies to its directors and officers. Directors and officers are required to disclose any known or potential conflicts of interest in writing to the board of directors prior to the time set for voting on any such transaction. The individual with a conflict may not attempt to influence the decisions of other directors in voting on the matter and may not be present during a vote on the matter. The situation is documneted in the board minutes. Failure to bring notice of a potential conflict of interest to the attention of the board may constitute cause for removal of the individual from the board.”

Form 990, Part VI, Section B, line 15

“Determination of the compensation of all employees included review and approval by independent persons, comparability data and contemporaneous substantiation on the board minues. This process included the executive director.”

Form 990, Part VI, Section C, line 19

“The Academy's governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Stride Academy Charter School
EIN
20-1161981
Phone
3202305340
Address
3241 Oak Ham Ln, St Cloud, MN 56303

Signing Officer

Name
Eric Skanson
Title
Executive Director
Phone
3202305340
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Skanson
Formed
2004
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
2
Employees
111
Volunteers
20

Preparer

Firm
Abdo LLP
Address
5201 Eden Ave Ste 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The process of audit oversight has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The Academy is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Academy also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2024, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Academy files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.”

Raw XML AppendixShowing 400 of 537 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Stride Aacademy is a public charter school that aims to be highly regarded for its approach to the whole child, its academic excellence and for its contribution in actively serving and improving the community. Stride values effective community collaboration, building a sense of physical, social, and emotional wellbeing among students, and positive and culturally responsive practices that increase school connectedness. Stride strives to teach students critical thinking skills, in addition to compassionate responses, and high emotional intelligence in order to foster successful leaders of today and of the future. Stride Academy offers individualized learning through focused and collaborative differentiation process, including dyslexia programming, english language services, and social emotional learning initiatives. During FY24 Stride Academy served 574 students.
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IRS990/Form990PartVIISectionAGrp/PersonNm1Andy Lyman
IRS990/Form990PartVIISectionAGrp/PersonNm2Tina Barak
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IRS990/Form990PartVIISectionAGrp/PersonNm5Hassan Shuriye
IRS990/Form990PartVIISectionAGrp/PersonNm6Eric Skanson
IRS990/Form990PartVIISectionAGrp/PersonNm7Nathan Schweiters
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7President / Principal
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Academy is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Academy also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2024, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Academy files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The Academy's nondiscrimination policy is published in its parent-student handbook, in its staff handbook, and on its website.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1As a MN public charter school, the Academy received state education and federal grant funding.
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