2026-02-12T09:40:33-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-07-01 237243247 THE BLAKE SCHOOL BLAK 9529883459 110 BLAKE ROAD SOUTH HOPKINS MN 55343 DR ANNE STAVNEY HEAD OF SCHOOL 9529883451 2026-02-09 1 1 ANN NEIL P01817922 6123764500 2026-02-09 2024 2025-03-06 01:10:19Z DR ANNE STAVNEY 110 BLAKE ROAD SOUTH HOPKINS MN 55343 79268760 0 X WWW.BLAKESCHOOL.ORG X 1900 MN TO PROVIDE STUDENTS WITH AN EXCELLENT, ACADEMICALLY CHALLENGING EDUCATION. 20 20 639 400 -34889 0 3715418 4669834 52415346 54256738 2065325 3298306 -38750 -27574 58157339 62197304 9459460 9850172 0 0 35288441 36085498 0 0 2290857 17165000 18920390 61912901 64856060 -3755562 -2658756 200752358 206331519 41296631 41157836 159455727 165173683 THE BLAKE SCHOOL PROVIDES STUDENTS WITH AN EXCELLENT EDUCATION IN A DIVERSE AND SUPPORTIVE COMMUNITY. STUDENTS PARTICIPATE IN ACADEMIC, ARTISTIC AND ATHLETIC ACTIVITIES IN PREPARATION FOR COLLEGE, LIFE-LONG LEARNING, COMMUNITY SERVICES AND LIVES AS RESPONSIBLE WORLD CITIZENS. 0 0 53296291 9850172 54256738 THE BLAKE SCHOOL IS AN INDEPENDENT PRE-KINDERGARTEN THROUGH GRADE 12 SCHOOL SERVING STUDENTS THROUGHOUT THE TWIN CITIES WITH CAMPUSES LOCATED IN MINNEAPOLIS AND HOPKINS. ENROLLMENT IN 2024-2025 WAS 1,319 STUDENTS. IN SUPPORT OF ITS COMMITMENT TO CULTURAL AND SOCIOECONOMIC DIVERSITY AS BEING AN ESSENTIAL PART OF ITS EDUCATIONAL GOALS, THE SCHOOL GRANTED $9,079,973 IN FINANCIAL AID TO 337 STUDENTS. 53296291 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 186 0 1 639 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X ASHLEY OLSON 9529883459 110 BLAKE ROAD SOUTH HOPKINS MN 55343 STAVNEY ANNE E HEAD OF SCHOOL 60.00 0.00 X 929941 0 45840 KELLEY DANIEL A CFO/COO 50.00 0.00 X 387045 0 46775 SILVESTRI JOSEPH P DIRECTOR, ADMISSIONS AND FINANCIAL ASSISTANCE 50.00 0.00 X 221241 0 64569 BOXER DAVID CHIEF INFORMATION OFFICER 50.00 0.00 X 195307 0 85205 SCHUBRING REBECCA L CHIEF ADVANCEMENT OFFICER 50.00 0.00 X 239836 0 38411 RUGGIERO JOSEPH J DIRECTOR, UPPER SCHOOL 50.00 0.00 X 240788 0 16531 WEST LATOYA DIRECTOR, EARLY LEARNING CENTER 50.00 0.00 X 188221 0 27566 SMITH CHRISTOPHER CHAIR 1.00 0.00 X X 0 0 0 BENNETT MOSI VICE CHAIR 1.00 0.00 X X 0 0 0 VORBRICH MARY SUE SECRETARY 1.00 0.00 X X 0 0 0 WILSON ADEBISI TREASURER 1.00 0.00 X X 0 0 0 BOLLETTIERI JILL TRUSTEE 1.00 0.00 X 0 0 0 VISWANATHAN HEMA TRUSTEE 1.00 0.00 X 0 0 0 SZNEWAJS MATT TRUSTEE 1.00 0.00 X 0 0 0 STOCKTON LARISSA TRUSTEE 1.00 0.00 X 0 0 0 SIMMONS MOLLY TRUSTEE 1.00 0.00 X 0 0 0 SHARMA GEETU TRUSTEE 1.00 0.00 X 0 0 0 SAUL PAYLOR LISA TRUSTEE 1.00 0.00 X 0 0 0 RODRIGUEZ ART TRUSTEE 1.00 0.00 X 0 0 0 NOTEBOOM TODD TRUSTEE 1.00 0.00 X 0 0 0 NOORI SALEHI NEDDA TRUSTEE 1.00 0.00 X 0 0 0 BAKER KELLY TRUSTEE 1.00 0.00 X 0 0 0 HSIA PHIL TRUSTEE 1.00 0.00 X 0 0 0 GOLDSTEIN KATIE TRUSTEE 1.00 0.00 X 0 0 0 GINSBURG LAURA TRUSTEE 1.00 0.00 X 0 0 0 BIZILY NEIL TRUSTEE 1.00 0.00 X 0 0 0 MYREN KEVIN TRUSTEE 1.00 0.00 X 0 0 0 2402379 0 324897 111 0 1 0 MA MORTENSON COMPANY 700 MEADOW LANE NORTH MINNEAPOLIS MN 55422 CONSTRUCTION 4071872 TAHER INC BIN 135092 PO BOX 1150 MINNEAPOLIS MN 55480 FOOD SERVICE 2028017 ENCORE ONE DBA MARSDEN BUILDING MAINTENA MI 87 PO BOX 1150 MINNEAPOLIS MN 55480 CLEANING 926562 METROPOLITAN MECHANICAL CONTRACTORS INC PO BOX 74008409 CHICAGO IL 60674 MECHANICAL SERVICES 297581 CLOSE UP FOUNDATION 671 NORTH GLEBE ROAD ARLINGTON VA 22203 STUDENT PROGRAMS 234417 7 1337736 3332098 760546 4669834 TUITION 611600 50596939 50596939 AUXILIARY SERVICES 611710 3070469 3070469 OTHER PROGRAM REVENUE 611710 589330 589330 54256738 643116 -34889 678005 254177 281751 -27574 -27574 -27574 19418657 26238 16743187 46518 2675470 -20280 2655190 2655190 62197304 54256738 -34889 3305621 9850172 9850172 1220075 170137 709665 340273 27162336 23310907 2794970 1056459 1939139 1733111 127078 78950 3807439 3023797 676947 106695 1956509 1629428 235166 91915 88521 88521 73650 73650 796962 796962 3621028 3075650 435093 110285 154033 5857 70853 77323 325014 149443 163482 12089 670167 378001 287542 4624 1752393 1544150 156989 51254 145648 125228 10913 9507 729006 428540 207782 92684 753608 662320 68820 22468 5357611 4708616 489261 159734 507184 59362 447822 INSTRUCTIONAL EXPENSES 1650008 1649478 489 41 PROFESSIONAL DEVELOPMEN 739988 692738 42737 4513 RECRUITING EXPENSE 372822 372822 DUES & MEMBERSHIPS 290275 84679 139705 65891 892472 14677 871643 6152 64856060 53296291 9268912 2290857 1969050 1430438 5164125 3897609 1374878 1044876 312081 374353 1099653 275714 31305 30725 773550 758185 155533217 55900730 98605092 99632487 9962813 12919667 81459811 85967465 200752358 206331519 4979049 5243032 3789085 3676399 31944826 31106001 583671 1132404 41296631 41157836 X 85369721 86970311 74086006 78203372 159455727 165173683 200752358 206331519 X -2658756 8190534 186178 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86529253 3767547 10238524 3800614 96734710 87487447 1482168 8140952 10581314 86529253 88024707 617481 2538382 3693123 87487447 101222923 537681 -10218867 3517030 88024707 73974997 897781 29480036 3129891 101222923 0.30354 0.48325 0.21321 1 1 1 1420428 1930058 3350486 127380805 46100012 81280793 6034909 2405017 3629892 12971997 6721813 6250184 5795020 673888 5121132 99632487 HEDGE FUNDS 85967465 F 85967465 LEASE LIABILITY 918049 ASSET RETIREMENT OBLIGATION 211000 SPLIT-INTEREST AGREEMENTS PAYABLE 3355 1132404 X 60208633 8190534 467929 8658463 51550170 796962 9850172 10647134 62197304 54490677 281751 281751 54208926 796962 9850172 10647134 64856060 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 300 FUNDS THAT ARE USED TO PROVIDE FINANCIAL AID AND INSTRUCTIONAL PROGRAMS FOR STUDENTS, TO PROVIDE DEVELOPMENT OPPORTUNITIES FOR FACULTY, AND TO SUPPORT SCHOOL OPERATIONS. PART X, LINE 2: THE SCHOOL QUALIFIES AS A TAX-EXEMPT NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. ACCORDINGLY, INCOME TAXES HAVE NOT BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION UNDER APPLICABLE ACCOUNTING GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 143,443. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 42,735. RENTAL EXPENSES 281,751. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 9,850,172. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 281,751. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 9,850,172. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS WORKING ON MOVING ITS NONDISCRIMINATION POLICY TO THE LANDING PAGE OF ITS WEBSITE. CURRENTLY IT IS PUBLISHED IN MULTIPLE MEDIA AT BLAKE, INCLUDING ON ADMISSIONS BROCHURES, IN PUBLICATIONS, ESPECIALLY MEDIA MATERIALS, AND ON POSTERS AT ALL THREE CAMPUSES. SCHEDULE E, PART I, LINE 6 RECEIVE STATE AID FOR NONPUBLIC SCHOOLS ON A PER PUPIL RATE FOR TEXTBOOKS. EUROPE 0 0 INVESTMENTS N/A 2194611 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 39661160 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS N/A 350837 0 0 0 0 0 0 42206608 0 42206608 1 0 1 1 1 0 PART I, LINE 3: ACCRUAL METHOD 1 STUDENT FINANCIAL AID 337 9850172 0 N/A N/A PART I, LINE 2: STUDENT FINANCIAL AID IS APPLIED DIRECTLY TO STUDENT ACCOUNTS FOR TUITION, FEES, BOOKS, AND MISCELLANEOUS STUDENT EXPENSES. FINANCIAL AID CONSISTS OF AWARDS BASED ON FINANCIAL NEED AS WELL AS TUITION REMISSION FOR THE ENROLLED CHILDREN OF EMPLOYEES. X X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 STAVNEY ANNE E HEAD OF SCHOOL 585952 0 60000 0 283989 0 29431 0 16409 0 975781 0 0 0 KELLEY DANIEL A CFO/COO 296791 0 0 0 90254 0 27021 0 19754 0 433820 0 0 0 SILVESTRI JOSEPH P DIRECTOR, ADMISSIONS AND FINANCIAL A 220792 0 0 0 449 0 20945 0 43624 0 285810 0 0 0 BOXER DAVID CHIEF INFORMATION OFFICER 195217 0 0 0 90 0 19022 0 66183 0 280512 0 0 0 SCHUBRING REBECCA L CHIEF ADVANCEMENT OFFICER 239578 0 0 0 258 0 21832 0 16579 0 278247 0 0 0 RUGGIERO JOSEPH J DIRECTOR, UPPER SCHOOL 240719 0 0 0 69 0 11552 0 4979 0 257319 0 0 0 WEST LATOYA DIRECTOR, EARLY LEARNING CENTER 182544 0 0 0 5677 0 16825 0 10741 0 215787 0 0 0 PART I, LINE 1A DR. ANNE STAVNEY: HOUSING ALLOWANCE, HOUSEHOLD MANAGER, HEALTH CLUB DUES, CAR - ALL INCLUDED IN TAXABLE INCOME PART I, LINE 1B THE HOUSING ALLOWANCE PROVIDED TO THE HEAD OF SCHOOL IS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE AS PART OF THE COMPENSATION PACKAGE AND IS NOT GOVERNED BY REIMBURSEMENT POLICIES. PART I, LINES 4A-B NAME: DR ANNE STAVNEY, DESCRIPTION: DEFERRED COMPENSATION, CURRENT YEAR AMOUNT: $60,000. PLAN DESCRIPTION: 457(F) NAME: DANIEL KELLEY, DESCRIPTION: DEFERRED COMPENSATION, CURRENT YEAR AMOUNT: $30,000. PLAN DESCRIPTION: 457(F) NAME: JOE RUGGERIO, DESCRIPTION: SEVERANCE/CHANGE OF CONTROL, CURRENT YEAR AMOUNT: $121,518. PLAN DESCRIPTION: SEVERANCE A CITY OF COLUMBUS 416008885 2022-02-28 33474000 REFUNDING + CONSTRUCTING AN EARLY LEARNING CENTER 0 0 0 A 2150000 33474000 245249 20000000 13228751 2023 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 33 774571 STOCK MARKET QUOTES X OTHER NON-CASH 1 1075 COST 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS BEING REPORTED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE OFFICERS OF THE BOARD OF TRUSTEES AND SHALL SERVE AS THE HEAD OF SCHOOL COMPENSATION AND EVALUATION COMMITTEE. WHEN COMPLETION OF THE HEAD OF SCHOOL EVALUATION EXTENDS BEYOND JUNE 30, FOR THE PURPOSES OF COMPLETING THIS TASK THE COMMITTEE'S WORK MAY EXTEND INTO THE THREE MONTHS FOLLOWING THEIR FORMAL YEAR OF SERVICE. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL AND OPERATING OFFICER, THE HEAD OF SCHOOL, AND THE FINANCE COMMITTEE BEFORE BEING PROVIDED TO ALL TRUSTEES FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY APPLIES TO ITS TRUSTEES, OFFICERS, ADMINISTRATORS, FACULTY AND OTHER EMPLOYEES. WHEN A POTENTIAL CONFLICT OF INTEREST EXISTS, THE PERSON WITH THE CONFLICT NOTIFIES THE CHAIR OF THE BOARD OF TRUSTEES OR THE HEAD OF SCHOOL SO THEY MAY TAKE APPROPRIATE ACTIONS. A TRUSTEE WHO IS DIRECTLY OR INDIRECTLY INVOLVED IN A POTENTIAL CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON ANY ACTION OF THE BOARD REGARDING THE POTENTIAL CONFLICT AND IS NOT COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING OF THE BOARD WHERE THE POTENTIAL CONFLICT IS CONSIDERED. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PACKAGES FOR THE HEAD OF SCHOOL AND OTHER SIGNIFICANT POSITIONS DESIGNATED BY THE SCHOOL (INCLUDING CHIEF FINANCIAL AND OPERATING OFFICER; DIRECTOR OF INSTITUTIONAL ADVANCEMENT; ASSOCIATE HEAD OF SCHOOL; AND DIRECTOR OF ADMISSIONS AND FINANCIAL ASSISTANCE) ARE EACH REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD ANNUALLY. THE COMMITTEE IS COMPRISED ENTIRELY OF INDEPENDENT PERSONS AND UTILIZES SALARY AND BENEFIT SURVEY DATA OBTAINED FROM VARIOUS LOCAL, REGIONAL AND NATIONAL SOURCES. MINUTES FROM THE MEETINGS ARE MAINTAINED AND APPROVED BY THE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 42,735. CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 143,443. OAKLEAF ENDOWMENT TRUST FOR THE BLAKE SCHOOL 80 S 8TH ST NO 1800 MINNEAPOLIS MN 55402 416469031 ENDOWMENT MN 501(C)(3) LINE 12A, I THE BLAKE SCHOOL 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0