Minnesota Online High School
Minnesota Online High School shows consistent revenue growth and no executive compensation, but carries high liabilities.
EIN: 201909377 · Saint Paul, MN · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $2.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $-78,387 |
| Transparency Score | 80/100 |
Is Minnesota Online High School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Minnesota Online High School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Minnesota Online High School
Minnesota Online High School (EIN: 201909377) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code B29. The organization reported total revenue of $3.8M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Online High School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Online High School is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$435K |
| Total Assets | $2.9M |
| Total Liabilities | $3.0M |
| Net Assets | $-78,387 |
| Operating Margin | 13.4% |
| Debt-to-Asset Ratio | 102.7% |
| Months of Reserves | 12.5 months |
Financial Health Grade: A
In 2023, Minnesota Online High School reported a surplus of $435K with revenue exceeding expenses, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 102.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Minnesota Online High School's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +2.4% | +4.6% |
| 2022 | +15.0% | -3.0% | +5.2% |
| 2021 | +8.1% | +9.0% | +12.1% |
| 2020 | +17.6% | +73.9% | -12.4% |
| 2019 | +15.4% | -36.0% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Minnesota Online High School with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Minnesota Online High School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $435K, with revenue exceeding expenses.
- Debt-to-asset ratio: 102.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with over $3 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Minnesota Online High School's IRS 990 filings:
- Consistently high liabilities exceeding assets, such as $2,992,480 in liabilities vs. $2,914,093 in assets in 2023, which could indicate financial risk.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Minnesota Online High School:
- Consistent revenue growth over the past decade, from $1,259,294 in 2014 to $3,238,781 in 2023.
- No reported officer compensation across all filings, indicating a strong commitment to directing funds towards the mission.
- Expenses generally kept below revenue in recent years, demonstrating operational control (e.g., $3,238,781 revenue vs. $2,803,779 expenses in 2023).
- Consistent filing of IRS Form 990s over 13 periods, indicating good transparency.
Frequently Asked Questions about Minnesota Online High School
Is Minnesota Online High School a legitimate charity?
Minnesota Online High School (EIN: 201909377) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Minnesota Online High School spend its money?
Minnesota Online High School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Minnesota Online High School tax-deductible?
Minnesota Online High School is registered as a tax-exempt nonprofit (EIN: 201909377). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Minnesota Online High School CEO make?
Minnesota Online High School's highest-compensated officer earns $3 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Minnesota Online High School's spending goes to programs?
Minnesota Online High School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Minnesota Online High School compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Minnesota Online High School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Minnesota Online High School located?
Minnesota Online High School is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 201909377. It is classified under NTEE code B29.
How many years of IRS 990 filings does Minnesota Online High School have?
Minnesota Online High School has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.8M in total revenue.
Is Minnesota Online High School financially stable?
The organization shows consistent revenue growth and generally manages expenses below revenue, indicating operational stability. However, consistently high liabilities exceeding assets, such as $2,992,480 in liabilities against $2,914,093 in assets in 2023, suggest a reliance on debt or other obligations that could pose long-term risks.
How does Minnesota Online High School spend its money?
While a detailed breakdown isn't provided, the NTEE code B29 (Elementary & Secondary Education) implies a strong focus on program services. The consistent reporting of 0% officer compensation suggests that funds are primarily directed towards operational and program costs rather than executive salaries.
What are the key financial trends for this organization?
Key trends include steady revenue growth from $1,259,294 in 2014 to $3,238,781 in 2023, generally controlled expenses, and a concerning trend of liabilities consistently exceeding assets, indicating a potentially high debt burden.
Filing History
IRS 990 filing history for Minnesota Online High School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minnesota Online High School's revenue has grown by 156.8%, moving from $1.3M to $3.2M. Total assets increased by 427.7% over the same period, from $552K to $2.9M. Total functional expenses rose by 143.2%, from $1.2M to $2.8M. In its most recent filing year (2023), Minnesota Online High School reported a surplus of $435K, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $2.9M in assets (debt-to-asset ratio: 102.7%), resulting in net assets of $-78,387.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $2.8M | $2.9M | $3.0M | — | View 990 |
| 2022 | $3.1M | $2.7M | $2.8M | $3.3M | — | View 990 |
| 2021 | $2.7M | $2.8M | $2.6M | $3.5M | — | View 990 |
| 2020 | $2.5M | $2.6M | $2.4M | $3.1M | — | View 990 |
| 2019 | $2.1M | $1.5M | $2.7M | $3.4M | — | View 990 |
| 2018 | $1.8M | $2.3M | $2.5M | $3.9M | — | View 990 |
| 2017 | $1.7M | $2.2M | $3.0M | $3.8M | — | View 990 |
| 2016 | $1.6M | $1.5M | $664K | $1.1M | — | View 990 |
| 2015 | $1.5M | $1.3M | $566K | $1.6M | — | View 990 |
| 2014 | $1.3M | $1.2M | $345K | $166K | — | View 990 |
| 2013 | $1.1M | $1.3M | $229K | $142K | — | View 990 |
| 2012 | $1.2M | $1.5M | $501K | $287K | — | View 990 |
| 2011 | $1.3M | $1.2M | $552K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $2.8M, and assets of $2.9M (revenue +4.0% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.7M, and assets of $2.8M (revenue +15.0% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.8M, and assets of $2.6M (revenue +8.1% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.6M, and assets of $2.4M (revenue +17.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.5M, and assets of $2.7M (revenue +15.4% year-over-year).
- 2018: Revenue of $1.8M, expenses of $2.3M, and assets of $2.5M (revenue +7.9% year-over-year).
- 2017: Revenue of $1.7M, expenses of $2.2M, and assets of $3.0M (revenue +6.6% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.5M, and assets of $664K (revenue +4.2% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $566K (revenue +22.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $345K (revenue +12.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.3M, and assets of $229K (revenue -3.9% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.5M, and assets of $501K (revenue -7.2% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $552K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Online High School:
Data Sources and Methodology
This transparency report for Minnesota Online High School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.