Stonebridge World School

Stonebridge World School maintains operational surpluses but carries significant liabilities exceeding assets.

EIN: 205696407 · Minneapolis, MN · NTEE: B29 · Updated: 2026-03-28

$5.0MRevenue
$2.6MAssets
75/100Mission Score (Good)
B29
Stonebridge World School Financial Summary
MetricValue
Total Revenue$5.0M
Total Expenses$5.4M
Program Spending80%
CEO/Top Officer Pay$5
Net Assets$-468,740
Transparency Score75/100

Is Stonebridge World School Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Stonebridge World School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Stonebridge World School

Stonebridge World School (EIN: 205696407) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B29. The organization reported total revenue of $5.0M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stonebridge World School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

14Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Stonebridge World School is a mid-size nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$6.1M
Total Expenses$5.4M
Surplus / Deficit+$669K
Total Assets$3.2M
Total Liabilities$3.6M
Net Assets$-468,740
Operating Margin11.0%
Debt-to-Asset Ratio114.7%
Months of Reserves7.0 months

Financial Health Grade: A

In 2023, Stonebridge World School reported a surplus of $669K with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 114.7% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Stonebridge World School's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+2.2%-5.6%-4.3%
2022-2.8%+1.1%+4.8%
2021+15.5%+2.9%-10.9%
2020+8.6%+25.8%-8.7%
2019+4.5%-7.0%-19.3%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2012

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Stonebridge World School demonstrates consistent operational activity, with revenues generally exceeding expenses in recent years, indicating a stable financial position. For example, in 2023, revenue was $6,091,907 against expenses of $5,422,568, resulting in a surplus. However, the organization carries significant liabilities that have consistently outweighed its assets over the past several years. In 2023, liabilities were $3,649,268 compared to assets of $3,180,528, suggesting a reliance on debt or deferred revenue. The organization's spending efficiency appears reasonable given its NTEE code (B29 - Elementary & Secondary Education). Without a detailed functional expense breakdown, it's challenging to precisely assess program vs. administrative spending. However, the consistent operational surpluses in recent years suggest effective management of its core educational activities. The reported 0% officer compensation across all filings indicates that the highest-ranking individuals are not receiving salaries, which is an unusual but positive sign for resource allocation directly to mission-related activities. Transparency is generally good, with a consistent history of 13 IRS 990 filings. The absence of officer compensation is a notable point for transparency, as it suggests either a volunteer leadership model or compensation being reported under other categories, which would warrant further investigation for complete clarity. The consistent filing history provides a clear financial trail for stakeholders to review.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Stonebridge World School with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Stonebridge World School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$6.1MTotal Revenue
$5.4MTotal Expenses
$3.2MTotal Assets
$3.6MTotal Liabilities
$-468,740Net Assets
  • The organization reported a surplus of $669K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 114.7%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size (annual revenues consistently over $5 million) and suggests either a fully volunteer leadership or compensation being categorized differently.

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 Stonebridge World School's IRS 990 filings:

  • Consistent liabilities exceeding assets: In 2023, liabilities were $3,649,268 while assets were $3,180,528, a trend observed in multiple prior years.
  • 0% officer compensation reported: While potentially positive, this is highly unusual for an organization of this scale and warrants further investigation into how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Stonebridge World School:

  • Consistent operational surpluses: In 2023, revenue ($6,091,907) exceeded expenses ($5,422,568), demonstrating sound operational management.
  • Stable revenue generation: Annual revenues have consistently been above $5 million in recent years, indicating a reliable funding base.
  • Strong filing history: 13 consistent IRS 990 filings provide good transparency and a clear financial record.

Frequently Asked Questions about Stonebridge World School

Is Stonebridge World School a legitimate charity?

Stonebridge World School (EIN: 205696407) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Stonebridge World School spend its money?

Stonebridge World School directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Stonebridge World School tax-deductible?

Stonebridge World School is registered as a tax-exempt nonprofit (EIN: 205696407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Stonebridge World School CEO make?

Stonebridge World School's highest-compensated officer earns $5 annually. The organization reported $5.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Stonebridge World School's spending goes to programs?

Stonebridge World School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Stonebridge World School compare to similar nonprofits?

With a transparency score of 75/100 (Good), Stonebridge World 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 Stonebridge World School located?

Stonebridge World School is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 205696407. It is classified under NTEE code B29.

How many years of IRS 990 filings does Stonebridge World School have?

Stonebridge World 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 $5.0M in total revenue.

How does Stonebridge World School manage to operate with 0% officer compensation?

The filings consistently show 0% officer compensation, which is atypical for an organization with annual revenues exceeding $5 million. This could indicate a volunteer-led executive team or that compensation for leadership is reported under other expense categories, requiring deeper scrutiny of the detailed expense schedules.

What is the nature of Stonebridge World School's significant liabilities?

The organization consistently reports liabilities exceeding assets, for example, $3,649,268 in liabilities versus $3,180,528 in assets in 2023. Understanding the composition of these liabilities (e.g., mortgages, bonds, deferred revenue) is crucial for a complete financial health assessment.

What is the detailed functional expense breakdown for Stonebridge World School?

Without the detailed functional expense breakdown from the 990, it's difficult to precisely determine the exact percentages allocated to programs, administration, and fundraising. The provided data only offers total expenses.

Filing History

IRS 990 filing history for Stonebridge World School showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Stonebridge World School's revenue has grown by 237.7%, moving from $1.8M to $6.1M. Total assets increased by 367.9% over the same period, from $680K to $3.2M. Total functional expenses rose by 193.6%, from $1.8M to $5.4M. In its most recent filing year (2023), Stonebridge World School reported a surplus of $669K, with revenue exceeding expenses. The organization holds $3.6M in liabilities against $3.2M in assets (debt-to-asset ratio: 114.7%), resulting in net assets of $-468,740.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $6.1M $5.4M $3.2M $3.6M
2022 $6.0M $5.7M $3.3M $4.5M View 990
2021 $6.1M $5.7M $3.2M $4.5M
2020 $5.3M $5.5M $3.6M $5.4M View 990
2019 $4.9M $4.4M $3.9M $5.5M View 990
2018 $4.7M $4.7M $4.8M $6.9M View 990
2017 $4.7M $4.6M $5.9M $7.0M View 990
2016 $4.6M $4.5M $1.9M $2.2M View 990
2015 $3.9M $3.9M $1.4M $1.8M View 990
2014 $3.3M $3.2M $1.1M $253K View 990
2013 $3.1M $3.0M $930K $173K View 990
2012 $2.6M $2.4M $1.0M $394K View 990
2011 $1.8M $1.8M $680K $194K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $6.1M, expenses of $5.4M, and assets of $3.2M (revenue +2.2% year-over-year).
  • 2022: Revenue of $6.0M, expenses of $5.7M, and assets of $3.3M (revenue -2.8% year-over-year).
  • 2021: Revenue of $6.1M, expenses of $5.7M, and assets of $3.2M (revenue +15.5% year-over-year).
  • 2020: Revenue of $5.3M, expenses of $5.5M, and assets of $3.6M (revenue +8.6% year-over-year).
  • 2019: Revenue of $4.9M, expenses of $4.4M, and assets of $3.9M (revenue +4.5% year-over-year).
  • 2018: Revenue of $4.7M, expenses of $4.7M, and assets of $4.8M (revenue -1.4% year-over-year).
  • 2017: Revenue of $4.7M, expenses of $4.6M, and assets of $5.9M (revenue +2.7% year-over-year).
  • 2016: Revenue of $4.6M, expenses of $4.5M, and assets of $1.9M (revenue +19.7% year-over-year).
  • 2015: Revenue of $3.9M, expenses of $3.9M, and assets of $1.4M (revenue +16.4% year-over-year).
  • 2014: Revenue of $3.3M, expenses of $3.2M, and assets of $1.1M (revenue +6.7% year-over-year).
  • 2013: Revenue of $3.1M, expenses of $3.0M, and assets of $930K (revenue +20.9% year-over-year).
  • 2012: Revenue of $2.6M, expenses of $2.4M, and assets of $1.0M (revenue +42.6% year-over-year).
  • 2011: Revenue of $1.8M, expenses of $1.8M, and assets of $680K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Stonebridge World School:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Stonebridge World 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.

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