Cedar Riverside Community School

EIN: 411748473 501(c)(3)

Minneapolis, MN

Total Revenue
$2,068,434
Total Expenses
$2,762,627
Total Assets
$1,445,172
Net Assets
$-2,077,012
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MN
Principal Officer
Bert Strassburg
Phone
6123395767
Tax Period
2020-07-01 to 2021-06-30

Cedar Riverside Community School, founded in 1993, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2020. Revenue decreased 15% compared to the prior year. Expenses of $2.8M exceeded revenue, resulting in a 34% operating deficit.

Mission

To connect our students to the world by means of rigorous, academic program with an emphasis on literacy and character development.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $2,058,139
Program Service Revenue $200
Investment Income $606
Other Revenue $9,489
TOTAL REVENUE $2,068,434

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,785,805
Fundraising Expenses $0
Program Expenses $2,145,200
Other Expenses $976,822
TOTAL EXPENSES $2,762,627

Year-over-Year Comparison

2020 2019 Change
Revenue $2,068,434 $2,442,362 -0.2%
Expenses $2,762,627 $2,736,895 +0.0%
Net Income $-694,193 $-294,533 +1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
3
Employees
32
Volunteers
31

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$352,483
Total Directors
10
$220,089
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Janet Youngers Vice Chair (July-Oct) and Chair/Teacher 40.00
Officer Director
$66,994 $10,860 $77,854
Sonja Berven Chair (July-Oct) 1.00
Officer Director
$0 $0 $0
Jennifer Goveronski Treasurer/Teacher 40.00
Officer Director
$61,116 $9,925 $71,041
Chuck Richards Secretary (Jan-present)/Teacher 40.00
Officer Director
$14,098 $3,514 $17,612
Jennifer Van Haften Secretary (July-Dec)/Teacher 40.00
Officer Director
$43,052 $10,530 $53,582
Nasteho Abdi Member 1.00
Director
$0 $0 $0
Fatumozahro Abdulahi Member 1.00
Director
$0 $0 $0
Abdirahman Dahir Member 1.00
Director
$0 $0 $0
Abdullahi Alibarre Member 1.00
Director
$0 $0 $0
Hannah Lodge Member 1.00
Director
$0 $0 $0
Bert Strassburg Executive Director 40.00
Officer
$103,765 $28,629 $132,394
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $2,068,434 $2,762,627 $1,445,172 $-694,193
2020 $2,442,362 $2,736,895 $2,352,806 $-294,533
2019 $3,327,789 $2,794,219 $3,143,707 $533,570
2018 $3,144,215 $3,677,663 $3,490,773 $-533,448
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