Civic Intelligence

Rochester Arts & Sciences Academy Foundation

990 • Fiscal year 2023 • EIN 20-8201223

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 05, 2023

Organization ProfileWWW.RASAMN.ORG
2521 Pennington Dr NWRochester, MN 55901

(507) 206-4646

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.09x

Higher debt load relative to assets than 55% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

79th percentile

$132,054

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

84th percentile

33%

Faster asset growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

81st percentile

43%

Faster revenue growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$1,353,309

Up $332,711 (+33%) from 2022

Net Assets

Up

$1,231,117

Up $362,138 (+42%) from 2022

Liabilities

Down

$122,192

Down $29,427 (-19%) from 2022

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin64th percentile

Revenue

Up

$3,147,121

Up $946,633 (+43%) from 2022

Expenses

Up

$2,784,983

Up $914,231 (+49%) from 2022

Net Income

Up

$362,138

Up $32,402 (+9.8%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $88,571Liabilities 2011: $31,727Net Assets 2011: $56,8442011Assets 2012: $183,957Liabilities 2012: $2,396Net Assets 2012: $181,5612012Assets 2013: $196,734Liabilities 2013: $0Net Assets 2013: $196,7342013Assets 2014: $239,198Liabilities 2014: $2,085Net Assets 2014: $237,1132014Assets 2015: $226,238Liabilities 2015: $2,087Net Assets 2015: $224,1512015Assets 2016: $355,735Liabilities 2016: $58,767Net Assets 2016: $296,9682016Assets 2017: $421,613Liabilities 2017: $54,915Net Assets 2017: $366,6982017Assets 2018: $399,348Liabilities 2018: $67,683Net Assets 2018: $331,6652018Assets 2019: $370,478Liabilities 2019: $81,458Net Assets 2019: $289,0202019Assets 2020: $493,206Liabilities 2020: $227,157Net Assets 2020: $266,0492020Assets 2021: $620,527Liabilities 2021: $81,284Net Assets 2021: $539,2432021Assets 2022: $1,020,598Liabilities 2022: $151,619Net Assets 2022: $868,9792022Assets 2023: $1,353,309Liabilities 2023: $122,192Net Assets 2023: $1,231,1172023Assets 2024: $5,968,208Liabilities 2024: $4,912,599Net Assets 2024: $1,055,6092024

Highlighted filing

2023

Assets$1,353,309
Liabilities$122,192
Net Assets$1,231,117
Open 2023 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $364,9912011Expenses 2012: $384,5502012Expenses 2013: $477,5552013Revenue 2014: $581,109Expenses 2014: $538,938Net Income 2014: $42,1712014Revenue 2015: $632,364Expenses 2015: $645,326Net Income 2015: -$12,9622015Revenue 2016: $894,505Expenses 2016: $821,687Net Income 2016: $72,8182016Revenue 2017: $960,313Expenses 2017: $890,584Net Income 2017: $69,7292017Revenue 2018: $1,010,070Expenses 2018: $1,045,103Net Income 2018: -$35,0332018Revenue 2019: $1,125,384Expenses 2019: $1,168,029Net Income 2019: -$42,6452019Revenue 2020: $1,320,793Expenses 2020: $1,343,764Net Income 2020: -$22,9712020Revenue 2021: $1,668,641Expenses 2021: $1,395,447Net Income 2021: $273,1942021Revenue 2022: $2,200,488Expenses 2022: $1,870,752Net Income 2022: $329,7362022Revenue 2023: $3,147,121Expenses 2023: $2,784,983Net Income 2023: $362,1382023Revenue 2024: $3,585,216Expenses 2024: $3,760,724Net Income 2024: -$175,5082024

Highlighted filing

2023

Revenue$3,147,121
Expenses$2,784,983
Net Income$362,138
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Dec 5, 2023
Return Version
2022v5.0
Gross Receipts
$3,160,979
Mission and Program Overview

Mission

Educating students through an academically rigorous curriculum with an emphasis on global citizenship, physical agility and well being, in a safe, caring and nurturing environment.

Rasa aims to develop active learners, well rounded individuals, and engaged world citizens. Our teachers channel children's natural curiosity to develop lifelong inquirers prepared to thrive in a diverse world. As an international baccalaureate (ib) world school, we embrace the ib mission and educational model while nurturing individual talents and inspiring academic excellence. We are a caring and accepting community offering families an unparalleled educational opportunity for their children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$639,964$873,444▲ $233,480
Savings and Temporary Cash Investments$197,263$198,442▲ $1,179
Land, Buildings, and Equipment, Net$10,469$163,604▲ $153,135
Accounts Receivable$121,513$70,612▼ $50,901
Prepaid Expenses and Deferred Charges$17,789$13,607▼ $4,182
Total Assets$1,020,598$1,353,309▲ $332,711
Other Assets Total$33,600$33,600→ $0
Liabilities
Deferred Revenue$135,025$102,900▼ $32,125
Accounts Payable and Accrued Expenses-$17,779-
Other Liabilities$16,594$1,513▼ $15,081
Total Liabilities$151,619$122,192▼ $29,427
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$868,979$1,231,117▲ $362,138
Total Net Assets Fund Balance$868,979$1,231,117▲ $362,138
Total Liabilities and Net Assets / Fund Balance$1,020,598$1,353,309▲ $332,711

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$163,604$176,298$339,902
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Nicholas DoylePrincipalFT$132,054$132,054

Board Members and Trustees

NameTitle
Lindsay WarnerCo-chair
Paul WarnerCo-chair
Allison MatthewsDirector
Bonnie PorterDirector
Chuck PorterDirector
Leslie SunnockDirector
Maral KendarianDirector
Marc MatthewsDirector
Erica LoomisCo-secretary
Steve LoomisCo-secretary
Nick PompeianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$109,599
Program Service Revenue
$3,016,411
Investment Income
$2,409
Other Revenue
$18,702
All Other Contributions
$68,437
Change in Net Assets
$362,138
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,805,905
Other Expenses$979,078
Total Fundraising Expense$31,286
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,294,165$143,796-$1,437,961
Occupancy$306,592$36,070$18,035$360,697
Current Officers, Directors, Trustees, and Key Employees$101,963$27,190$6,798$135,951
All Other Expenses$114,127$15,738$1,093$130,958
Other Employee Benefits$106,196$13,274$1,207$120,677
Payroll Taxes$97,958$12,245$1,113$111,316
Other Expenses$60,171--$60,171
Office Expenses$31,747$3,735$1,867$37,349
Insurance$14,123$1,662$831$16,616
Depreciation Depletion$13,938--$13,938
Advertising$6,494-$342$6,836
Travel$94$849-$943
Total Functional Expenses$2,499,138$254,559$31,286$2,784,983
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,767
Fundraising Direct Expenses$13,858
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$8,854$8,854$6,814$2,040
Book Fair$6,913$6,913$7,044$-131
Total Events$15,767$15,767$13,858$1,909
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$1,513
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The treasurer presents a copy of the 990 to the board at the board meeting for them to review and accept before authorizing the accountant to efile the 990”

Form 990, Page 6, Part VI, Line 12C

“The policy is reviewed annually with the board.”

Form 990, Page 6, Part VI, Line 15A

“The executive board reviews and approves and changes to the principal's compensation.”

Form 990, Page 6, Part VI, Line 15B

“Compensation is determined by the board and is voted on and approved annually. Teachers follow a salary schedule that has been created based on years of experience and education.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Rochester Arts & Science Academy
EIN
20-8201223
Phone
5072064646
Address
2521 PENNINGTON DR NW, ROCHESTER, MN 55901

Signing Officer

Name
Elaine Stageberg
Title
Vice Chair
Phone
5072064646
Signed
2023-12-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elaine Stageberg
Formed
2007
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
34
Volunteers
50

Preparer

Firm
Nietz Tax & Accounting LLC
Address
2020 2ND ST SW, ROCHESTER, MN 55902
Preparer
William a Nietz
Phone
5072850398
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Rasa aims to develop active learners, well rounded individuals, and engaged world citizens. Our teachers channel children's natural curiosity to develop lifelong inquirers prepared to thrive in a diverse world. As an international baccalaureate (ib) world school, we embrace the ib mission and educational model while nurturing individual talents and inspiring academic excellence. We are a caring and accepting community offering families an unparalleled educational opportunity for their children.”

Raw XML AppendixShowing 400 of 429 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017779
IRS990/AccountsReceivableGrp/BOYAmt0121513
IRS990/AccountsReceivableGrp/EOYAmt070612
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0RASA AIMS TO DEVELOP ACTIVE LEARNERS, WELL ROUNDED INDIVIDUALS, AND ENGAGED WORLD CITIZENS. OUR TEACHERS CHANNEL CHILDREN'S NATURAL CURIOSITY TO DEVELOP LIFELONG INQUIRERS PREPARED TO THRIVE IN A DIVERSE WORLD. AS AN INTERNATIONAL BACCALAUREATE (IB) WORLD SCHOOL, WE EMBRACE THE IB MISSION AND EDUCATIONAL MODEL WHILE NURTURING INDIVIDUAL TALENTS AND INSPIRING ACADEMIC EXCELLENCE. WE ARE A CARING AND ACCEPTING COMMUNITY OFFERING FAMILIES AN UNPARALLELED EDUCATIONAL OPPORTUNITY FOR THEIR CHILDREN.
IRS990/AdvertisingGrp/FundraisingAmt0342
IRS990/AdvertisingGrp/ProgramServicesAmt06494
IRS990/AdvertisingGrp/TotalAmt06836
IRS990/AllOtherContributionsAmt068437
IRS990/AllOtherExpensesGrp/FundraisingAmt01093
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt015738
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0114127
IRS990/AllOtherExpensesGrp/TotalAmt0130958
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0NICHOLAS DOYLE
IRS990/BooksInCareOfDetail/PhoneNum05072064646
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02521 PENNINGTON DR NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROCHESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055901
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0639964
IRS990/CashNonInterestBearingGrp/EOYAmt0873444
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt06798
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt027190
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0101963
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0135951
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0109599
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02409
IRS990/CYOtherExpensesAmt0979078
IRS990/CYOtherRevenueAmt018702
IRS990/CYProgramServiceRevenueAmt03016411
IRS990/CYRevenuesLessExpensesAmt0362138
IRS990/CYSalariesCompEmpBnftPaidAmt01805905
IRS990/CYTotalExpensesAmt02784983
IRS990/CYTotalFundraisingExpenseAmt031286
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03147121
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0135025
IRS990/DeferredRevenueGrp/EOYAmt0102900
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt013938
IRS990/DepreciationDepletionGrp/TotalAmt013938
IRS990/Desc0ROCHESTER ARTS AND SCIENCES ACADEMY FOUNDATION PROVIDES STUDENTS WITH AN INTERNATIONAL BACCALAUREATE BASED EDUCATION THAT DEVELOPS ACTIVE LEARNERS, WELL-ROUNDED INDIVIDUALS AND ENGAGED WORLD CITIZENS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt034
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02499138
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1150.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0LINDSAY WARNER
IRS990/Form990PartVIISectionAGrp/PersonNm1PAUL WARNER
IRS990/Form990PartVIISectionAGrp/PersonNm2NICK POMPEIAN
IRS990/Form990PartVIISectionAGrp/PersonNm3ERICA LOOMIS
IRS990/Form990PartVIISectionAGrp/PersonNm4STEVE LOOMIS
IRS990/Form990PartVIISectionAGrp/PersonNm5ALLISON MATTHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm6MARC MATTHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm7MARAL KENDARIAN
IRS990/Form990PartVIISectionAGrp/PersonNm8BONNIE PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm9CHUCK PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm10LESLIE SUNNOCK
IRS990/Form990PartVIISectionAGrp/PersonNm11NICHOLAS DOYLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11132054
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CO-SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4CO-SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt013858
IRS990/FundraisingGrossIncomeAmt015767
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt041162
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03160979
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0831
IRS990/InsuranceGrp/ManagementAndGeneralAmt01662
IRS990/InsuranceGrp/ProgramServicesAmt014123
IRS990/InsuranceGrp/TotalAmt016616
IRS990/InvestmentIncomeGrp/ExclusionAmt02409
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02409
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0176298
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010469
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0163604
IRS990/LandBldgEquipCostOrOtherBssAmt0339902
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RASA AIMS TO DEVELOP ACTIVE LEARNERS, WELL ROUNDED INDIVIDUALS, AND ENGAGED WORLD CITIZENS. OUR TEACHERS CHANNEL CHILDREN'S NATURAL CURIOSITY TO DEVELOP LIFELONG INQUIRERS PREPARED TO THRIVE IN A DIVERSE WORLD. AS AN INTERNATIONAL BACCALAUREATE (IB) WORLD SCHOOL, WE EMBRACE THE IB MISSION AND EDUCATIONAL MODEL WHILE NURTURING INDIVIDUAL TALENTS AND INSPIRING ACADEMIC EXCELLENCE. WE ARE A CARING AND ACCEPTING COMMUNITY OFFERING FAMILIES AN UNPARALLELED EDUCATIONAL OPPORTUNITY FOR THEIR CHILDREN.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0868979
IRS990/NetAssetsOrFundBalancesEOYAmt01231117
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt01909
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01909
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0868979
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01231117
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt018035
IRS990/OccupancyGrp/ManagementAndGeneralAmt036070
IRS990/OccupancyGrp/ProgramServicesAmt0306592
IRS990/OccupancyGrp/TotalAmt0360697
IRS990/OfficeExpensesGrp/FundraisingAmt01867
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03735
IRS990/OfficeExpensesGrp/ProgramServicesAmt031747
IRS990/OfficeExpensesGrp/TotalAmt037349
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt033600
IRS990/OtherAssetsTotalGrp/EOYAmt033600
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01207
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013274
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0106196
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0120677
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL EXPENSE
IRS990/OtherExpensesGrp/Desc1STUDENT LUNCHES
IRS990/OtherExpensesGrp/Desc2TUITION REMISSION EXPENSE
IRS990/OtherExpensesGrp/Desc3BUILDING MAINT & SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0185952
IRS990/OtherExpensesGrp/ProgramServicesAmt197488
IRS990/OtherExpensesGrp/ProgramServicesAmt268130
IRS990/OtherExpensesGrp/ProgramServicesAmt360171
IRS990/OtherExpensesGrp/TotalAmt0185952
IRS990/OtherExpensesGrp/TotalAmt197488
IRS990/OtherExpensesGrp/TotalAmt268130
IRS990/OtherExpensesGrp/TotalAmt360171
IRS990/OtherLiabilitiesGrp/BOYAmt016594
IRS990/OtherLiabilitiesGrp/EOYAmt01513
IRS990/OtherRevenueMiscGrp/Desc0OTHER SCHOOL RELATED INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016793
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016793
IRS990/OtherRevenueTotalAmt016793
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0143796
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01294165
IRS990/OtherSalariesAndWagesGrp/TotalAmt01437961
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01113
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012245
IRS990/PayrollTaxesGrp/ProgramServicesAmt097958
IRS990/PayrollTaxesGrp/TotalAmt0111316
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017789
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013607
IRS990/PrincipalOfficerNm0ELAINE STAGEBERG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03016411
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03016411
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt055223
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0158840
IRS990/PYInvestmentIncomeAmt0491
IRS990/PYOtherExpensesAmt0456040
IRS990/PYOtherRevenueAmt0106106
IRS990/PYProgramServiceRevenueAmt02038668
IRS990/PYRevenuesLessExpensesAmt0329736
IRS990/PYSalariesCompEmpBnftPaidAmt01255872
IRS990/PYTotalExpensesAmt01870752
IRS990/PYTotalRevenueAmt02200488
IRS990/ReconcilationRevenueExpnssAmt0362138
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03016411
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0197263
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0198442
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0163604
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0176298
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0339902
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01513
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0163604
IRS990ScheduleD/TotalLiabilityAmt01513
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NON-DISCRIMINATION STATEMENT IS PROMINENTLY DISPLAYED ON BOTH THE ADMISSIONS/ENROLLMENT AND POLICY PAGES OF THE SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013858
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BOOK FAIR
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt08854
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06913
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015767
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08854
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06913
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015767
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01909
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013858
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06814
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07044
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RASA AIMS TO DEVELOP ACTIVE LEARNERS, WELL ROUNDED INDIVIDUALS, AND ENGAGED WORLD CITIZENS. OUR TEACHERS CHANNEL CHILDREN'S NATURAL CURIOSITY TO DEVELOP LIFELONG INQUIRERS PREPARED TO THRIVE IN A DIVERSE WORLD. AS AN INTERNATIONAL BACCALAUREATE (IB) WORLD SCHOOL, WE EMBRACE THE IB MISSION AND EDUCATIONAL MODEL WHILE NURTURING INDIVIDUAL TALENTS AND INSPIRING ACADEMIC EXCELLENCE. WE ARE A CARING AND ACCEPTING COMMUNITY OFFERING FAMILIES AN UNPARALLELED EDUCATIONAL OPPORTUNITY FOR THEIR CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER PRESENTS A COPY OF THE 990 TO THE BOARD AT THE BOARD MEETING FOR THEM TO REVIEW AND ACCEPT BEFORE AUTHORIZING THE ACCOUNTANT TO EFILE THE 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE POLICY IS REVIEWED ANNUALLY WITH THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE BOARD REVIEWS AND APPROVES AND CHANGES TO THE PRINCIPAL'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS DETERMINED BY THE BOARD AND IS VOTED ON AND APPROVED ANNUALLY. TEACHERS FOLLOW A SALARY SCHEDULE THAT HAS BEEN CREATED BASED ON YEARS OF EXPERIENCE AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01020598
IRS990/TotalAssetsEOYAmt01353309
IRS990/TotalAssetsGrp/BOYAmt01020598
IRS990/TotalAssetsGrp/EOYAmt01353309
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0109599
IRS990/TotalEmployeeCnt034
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt031286
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0254559
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02499138
IRS990/TotalFunctionalExpensesGrp/TotalAmt02784983
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0151619
IRS990/TotalLiabilitiesEOYAmt0122192
IRS990/TotalLiabilitiesGrp/BOYAmt0151619
IRS990/TotalLiabilitiesGrp/EOYAmt0122192
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0868979
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01231117
IRS990/TotalProgramServiceExpensesAmt02499138
IRS990/TotalProgramServiceRevenueAmt03016411
IRS990/TotalReportableCompFromOrgAmt0132054
IRS990/TotalRevenueGrp/ExclusionAmt04318
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03033204
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03147121
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01020598
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01353309
IRS990/TravelGrp/ManagementAndGeneralAmt0849
IRS990/TravelGrp/ProgramServicesAmt094
IRS990/TravelGrp/TotalAmt0943
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02521 PENNINGTON DR NW
IRS990/USAddress/CityNm0ROCHESTER
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055901
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.RASAMN.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELAINE STAGEBERG

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,353,309
Liabilities
$122,192
Net assets
$1,231,117
Revenue
$3,147,121
Expenses
$2,784,983
Net income
$362,138
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.97$4.91$1.06$3.59$3.76$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.12$1.23$3.15$2.78$0.36
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.15$0.87$2.20$1.87$0.33
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.08$0.54$1.67$1.40$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.49$0.23$0.27$1.32$1.34$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.08$0.29$1.13$1.17$0.04
2018Summary only. Only limited summary data is available for this year.$0.40$0.07$0.33$1.01$1.05$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.05$0.37$0.96$0.89$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.06$0.30$0.89$0.82$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.22$0.63$0.65$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.58$0.54$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.03$0.06$0.36