St Croix Preparatory Academy

EIN: 900103622 501(c)(3) Education

Stillwater, MN

Total Revenue
$17,718,180
Total Expenses
$18,388,583
Total Assets
$13,928,195
Net Assets
$2,568,291
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MN
Principal Officer
Kelly Gutierrez
Phone
6513955902
Tax Period
2023-07-01 to 2024-06-30

St Croix Preparatory Academy, founded in 2003, is a mid-sized nonprofit in the Education sector that reported $17.7M in total revenue in fiscal year 2023.

Mission

To develop each student's academic potential, personal character and leadership qualities through an academically rigorous and content-rich educational program grounded in the classical tradition.

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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 (2023)

Revenue Breakdown

Contributions & Grants $16,491,050
Program Service Revenue $915,047
Investment Income $165,155
Other Revenue $146,928
TOTAL REVENUE $17,718,180

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,073,094
Fundraising Expenses $0
Program Expenses $15,525,729
Other Expenses $6,315,489
TOTAL EXPENSES $18,388,583

Year-over-Year Comparison

2023 2022 Change
Revenue $17,718,180 $17,484,439 +0.0%
Expenses $18,388,583 $17,015,108 +0.1%
Net Income $-670,403 $469,331 -2.4%
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
9
Independent Members
5
Employees
234
Volunteers
125

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
4
$474,138
Total Directors
9
$276,742
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Johnson Parent Member 1.00
Director
$0 $0 $0
Terri Gulbrandson Parent Member 1.00
Director
$0 $0 $0
Matthew Stiles Parent Member 1.00
Director
$0 $0 $0
Kristen Denzer Parent Member 1.00
Director
$0 $0 $0
Bob Hajlo Chair/Community Member 1.00
Officer Director
$0 $0 $0
Nicole Donnay Vice Chair/Teacher Member 41.00
Officer Director
$82,524 $7,308 $89,832
Angela Galati Teacher Member 41.00
Director
$16,662 $11,212 $27,874
Deb Keyes Teacher Member 41.00
Director
$57,754 $14,036 $71,790
Rita Thorson Teacher Member 41.00
Director
$79,970 $7,276 $87,246
Jon Gutierrez Executive Director 40.00
Officer
$198,702 $20,013 $218,715
Kelly Gutierrez Executive Director of Finance & Operations 40.00
Officer
$149,046 $16,545 $165,591
William Blotske Director of Building 40.00
Highest
$131,614 $10,117 $141,731
Joann Karetov Principal 40.00
Highest
$140,780 $9,541 $150,321
Andrew Sachariason Principal 40.00
Highest
$151,999 $20,932 $172,931
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
2024 $17,718,180 $18,388,583 $13,928,195 $-670,403
2023 $17,484,439 $17,015,108 $15,563,015 $469,331
2022 $16,489,737 $14,900,570 $14,964,149 $1,589,167
2021 $14,730,120 $13,934,199 $15,400,325 $795,921
2020 $14,259,438 $13,782,896 $14,151,145 $476,542
2019 $13,723,461 $12,877,210 $15,489,910 $846,251
2018 $12,852,655 $11,924,735 $16,625,841 $927,920
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