NERSTRAND ELEMENTARY SCHOOL: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: NERSTRAND ELEMENTARY SCHOOL (EIN 41-1946091)
Tax period: 2024-07-01 to 2025-06-30
Filed: 2026-05-08
IRS object ID: 202611289349302131
Schema version: 2024v5.5
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-05-08T10:18:36-05:00	ReturnTs
Tax Period End	2025-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	411397419	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Abdo LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5201 Eden Ave Ste 250	AddressLine1Txt
City	Edina	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55436	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	411946091	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Nerstrand Elementary School	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NERS	BusinessNameControlTxt
Phone	5073336850	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 156 205 S Second Street	AddressLine1Txt
City	Nerstrand	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55053	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Nicole Musolf	PersonNm
Person Title	Executive Director	PersonTitleTxt
Phone	5073336850	PhoneNum
Signature	2026-05-07	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Cynthia Barta CPA	PreparerPersonNm
PTIN	P01222004	PTIN
Phone	9528359090	PhoneNum
Preparation	2026-05-07	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Nicole Musolf	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 156 205 S Second Street	AddressLine1Txt
City	Nerstrand	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55053	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,865,256	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.nerstrand.charter.k12.mn.us	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1999	FormationYr
Legal Domicile State	MN	LegalDomicileStateCd
Activity Or Mission	Public school serving students in grades K-5.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	3	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,475,394	PYContributionsGrantsAmt
CY Contributions Grants	$1,798,123	CYContributionsGrantsAmt
PY Program Service Revenue	$18,689	PYProgramServiceRevenueAmt
CY Program Service Revenue	$41,092	CYProgramServiceRevenueAmt
PY Investment Income	$29,783	PYInvestmentIncomeAmt
CY Investment Income	$24,865	CYInvestmentIncomeAmt
PY Other Revenue	$308,305	PYOtherRevenueAmt
CY Other Revenue	-$13,324	CYOtherRevenueAmt
PY Total Revenue	$1,832,171	PYTotalRevenueAmt
CY Total Revenue	$1,850,756	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$51,000	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,489,286	PYOtherExpensesAmt
CY Other Expenses	$1,592,321	CYOtherExpensesAmt
PY Total Expenses	$1,540,286	PYTotalExpensesAmt
CY Total Expenses	$1,592,321	CYTotalExpensesAmt
PY Revenues Less Expenses	$291,885	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$258,435	CYRevenuesLessExpensesAmt
Total Assets BOY	$910,642	TotalAssetsBOYAmt
Total Assets EOY	$1,150,025	TotalAssetsEOYAmt
Total Liabilities BOY	$802,439	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$783,387	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$108,203	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$366,638	NetAssetsOrFundBalancesEOYAmt
Mission	To empower students to be self-directed, lifelong learners by providing a nurturing, multi-age environment which fosters cooperation and character development.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,372,430	ExpenseAmt
Revenue	$42,268	RevenueAmt
Desc	Served K-5 students by providing an outstanding education including some environmental learning.	Desc
Total Program Service Expenses	$1,372,430	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	10	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	3	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Organization	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5073336850	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 156 205 S Second Street	AddressLine1Txt
City	Nerstrand	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55053	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
Carissa Erickson
Parent Rep/Chair	1.00	Yes (X)	Yes (X)	$0	$0	$0
Tara Vondrasek
Teacher Rep / Clerk	40.00	Yes (X)	Yes (X)	$55,618	$0	$0
Sarah Johnson
Teacher Rep	40.00	Yes (X)	Yes (X)	$41,937	$0	$0
Carmen Bonde
Teacher Rep	40.00	Yes (X)		$16,277	$0	$0
Ali Bossmann
Parent Rep	1.00	Yes (X)		$0	$0	$0
Terri Neumann
Community Rep	1.00	Yes (X)		$0	$0	$0
Paula Shroyer
Teacher Rep	40.00	Yes (X)		$61,794	$0	$0
Traci LaFerriere
Business Manager	40.00		Yes (X)	$52,000	$0	$0
Nicole Musolf
Executive Director	40.00		Yes (X)	$79,820	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$307,446	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Edvisions Cooperative	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 183 111 South Meridian Stre	AddressLine1Txt
City	Belle Plaine	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	56011	ZIPCd

Field	Value	IRS element (for citing)
Services	Educational professionals	ServicesDesc
Compensation	$974,659	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Fundraising	$23,815	FundraisingAmt
Government Grants	$1,720,668	GovernmentGrantsAmt
All Other Contributions	$53,640	AllOtherContributionsAmt
Total Contributions	$1,798,123	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Fees from Patrons	611710	$14,899	$14,899
Facility Maintenance R	611110	$13,683	$13,683
Med Assist	611710	$12,510	$12,510

Field	Value	IRS element (for citing)
Total Program Service Revenue	$41,092	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$24,865	TotalRevenueColumnAmt
Exclusion	$24,865	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$23,815	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$14,500	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$14,500	TotalRevenueColumnAmt
Exclusion	-$14,500	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Misc Local Revenue	Desc
Business	900099	BusinessCd
Total Revenue Column	$1,176	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,176	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,176	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,850,756	TotalRevenueColumnAmt
Related Or Exempt Func Income	$42,268	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$10,365	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$3,103	TotalAmt
Management And General	$3,103	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$68,700	TotalAmt
Management And General	$68,700	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,203,534	TotalAmt
Program Services	$1,080,964	ProgramServicesAmt
Management And General	$122,570	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$200	TotalAmt
Management And General	$200	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$21,745	TotalAmt
Program Services	$1,424	ProgramServicesAmt
Management And General	$20,321	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$18,649	TotalAmt
Program Services	$13,652	ProgramServicesAmt
Management And General	$4,997	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$212,906	TotalAmt
Program Services	$212,906	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$6,698	TotalAmt
Program Services	$6,698	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$4,954	TotalAmt
Program Services	$4,954	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$13,593	TotalAmt
Program Services	$13,593	ProgramServicesAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	Program Materials and S	Desc
Total	$38,239	TotalAmt
Program Services	$38,239	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,592,321	TotalAmt
Program Services	$1,372,430	ProgramServicesAmt
Management And General	$219,891	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$619,444	BOYAmt
EOY	$832,856	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$89,585	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$107,019	BOYAmt
EOY	$342	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$10,033	BOYAmt
EOY	$20,956	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$121,226	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$121,226	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$174,146	BOYAmt
EOY	$206,286	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$910,642	BOYAmt
EOY	$1,150,025	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$189,789	BOYAmt
EOY	$129,467	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
EOY	$20,772	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$2	BOYAmt
EOY	$220	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$612,648	BOYAmt
EOY	$632,928	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$802,439	BOYAmt
EOY	$783,387	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$108,203	BOYAmt
EOY	$366,638	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$108,203	BOYAmt
EOY	$366,638	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$910,642	BOYAmt
EOY	$1,150,025	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$258,435	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$121,226	OtherCostOrOtherBasisAmt
Depreciation	$121,226	DepreciationAmt
Book Value	$0	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	Deferred Pension Outflows	Desc
Book Value	$206,286	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$206,286	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Deferred Pension Inflows	$105,519
Pension Liabilities	$527,409

Field	Value	IRS element (for citing)
Total Liability	$632,928	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$1,850,756	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$1,850,756	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,850,756	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,592,321	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$1,592,321	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,592,321	TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3	The nondiscriminatory policy is contained in the school's registration materials.
Schedule E, Part I, Line 6	The school receives federal and state funding.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	Kwik Trip Cards Fundraiser	Event1Nm
Gross Receipts Event1	$16,541	GrossReceiptsEvent1Amt
Charitable Contri Event1	$16,541	CharitableContriEvent1Amt
Other Direct Expenses Event1	$12,299	OtherDirectExpensesEvent1Amt
Event2	Color Run Fundraiser	Event2Nm
Gross Receipts Event2	$7,274	GrossReceiptsEvent2Amt
Charitable Contri Event2	$7,274	CharitableContriEvent2Amt
Other Direct Expenses Event2	$2,201	OtherDirectExpensesEvent2Amt
Gross Receipts Total	$23,815	GrossReceiptsTotalAmt
Charitable Contributions Tot	$23,815	CharitableContributionsTotAmt
Oth Direct Expnss Total Events	$14,500	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$14,500	DirectExpenseSummaryEventsAmt
Net Income Summary	-$14,500	NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part V, line 2a:	EmployerofRecord arrangement: During the year, Nerstrand Elementary School engaged EdVisions Cooperative as employer of record for certain personnel. The EOR handled payroll, issued Forms W2, withheld and remitted employment taxes, and administered statutory benefits; the organization retained daytoday supervision of work and programmatic control. The written agreement allocates employer responsibilities to the EOR and is on file.
Form 990, Part VI, Section A, line 6	In accordance with MN Statute 124E.07 sub. 5, staff members employed at the school, including teachers providing instruction under a contract with a cooperative, members of the board of directors, and all parents or legal guardians of children enrolled in the school are the voters eligible to elect the members of the school's board of directors.
Form 990, Part VI, Section A, line 7a	If a vacancy occurs, every attempt will be made to select a replacement within one month's time according to the board's by-laws.
Form 990, Part VI, Section A, line 8b	The School does not have any committees that have the authority to act on behalf of governing body.
Form 990, Part VI, Section B, line 11b	Form 990 was prepared by an independent accounting firm. The completed return was presented and reviewed at the first regular board meeting by the full governing body following receipt from the accounting firm. The final approved copy was subsequently filed with the IRS.
Form 990, Part VI, Section B, line 12c	All officers, directors, and key employees are required to complete an annual conflict of interest questionnaire. Conflicts are reviewed at the board or committee level. Individuals are not allowed to vote on transactions where a conflict is determined to exist. All conflicts and proceedings are documented in meeting minutes.
Form 990, Part VI, Section B, line 15a	The School Director's compensation is determined by annual review by Board evaluation and resulting increase of average annual teacher step increase. The School followed the Board approved rate schedule plus any schoolwide % increase.
Form 990, Part VI, Section C, line 19	The School makes its governing documents, conflict of interest policy, and financial statement available to the public upon request.
Form 990, Part IX, line 11g	Management Consulting Fees: Program service expenses 0. Management and general expenses 122,570. Fundraising expenses 0. Total expenses 122,570. Education Services: Program service expenses 1,080,964. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,080,964.
Form 990, Part XII, Line 1:	The School follows a modified accrual method of accounting as prescribed by the Minnesota Department of Education. The school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.