Blake School
82% goes to programs $49 to raise $100 Strong reserves
Blake School is a 501(c)(3) organization based in Hopkins, Minnesota, registered in 1973, with $62,197,304 in FY2024 revenue. CharityIndex grades it C+, and it directs about 82% of spending to programs.
110 Blake Rd S, Hopkins, MN, 55343 EIN 23-7243247 Since 1973
Revenue (FY2024)
$62.2M
▲ 6.9% vs prior year
Education median: $200K
Expenses (FY2024)
$64.9M
Net assets
$165.2M
Employees
639
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →DProgram efficiency40% of the rating82% to programs · $49 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Blake School: 82% to programs · $49 to raise $100 earns a D on this criterion. See the exact thresholds →
B+Financial health25% of the rating31 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Blake School: 31 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Blake School: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Blake School: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide students with an excellent, academically challenging education.
Contact & location
- Address
- 110 Blake Rd S, Hopkins, MN, 55343
- City
- Hopkins
- State
- Minnesota
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $44.5M (FY2013) to $62.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $41.2MNet assets $165.2M
Operating margin
-4.3%
Spent more than it raised in the latest fiscal year.
Total assets
$206.3M
Total liabilities
$41.2M
Net assets
$165.2M
Salaries & benefits
$36.1M
56% of expenses
Board members
20
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $62,197,304▲6.9% | $64,856,060▲4.8% | $165,173,683▲3.6% | $206,331,519▲2.8% | 990 |
| 2023 | $58,157,339▲5.2% | $61,912,901▲3.3% | $159,455,727▲2.4% | $200,752,358▲0.2% | 990 |
| 2022 | $55,284,624▼6.0% | $59,961,695▲4.0% | $155,701,013▼1.0% | $200,319,449▼0.9% | 990 |
| 2021 | $58,825,092▲6.6% | $57,649,865▲1.1% | $157,254,865▼7.0% | $202,228,265▲5.7% | 990 |
| 2020 | $55,181,768▲15.9% | $57,015,737▲11.8% | $169,113,199▲20.2% | $191,397,009▲12.8% | 990 |
| 2019 | $47,600,427▼7.4% | $50,992,211▲0.1% | $140,695,596▼1.9% | $169,661,407▲0.1% | 990 |
| 2018 | $51,399,563▼13.3% | $50,952,941▲4.0% | $143,487,089▲1.4% | $169,476,297▲0.5% | 990 |
| 2017 | $59,314,189▲2.5% | $48,974,341▲4.3% | $141,559,460▲8.5% | $168,609,656▲14.4% | 990 |
| 2016 | $57,868,985▼2.5% | $46,951,793▲4.4% | $130,439,035▲10.8% | $147,411,111▲9.7% | 990 |
| 2015 | $59,340,341▼6.9% | $44,963,340▲4.5% | $117,752,005▲8.0% | $134,390,804▲7.0% | 990 |
| 2014 | $63,732,471▲43.1% | $43,007,558▲2.6% | $109,009,881▲16.9% | $125,650,976▲12.8% | 990 |
| 2013 | $44,531,802 | $41,918,321▲9.3% | $93,245,764▲8.8% | $111,391,609▲6.4% | 990 |
| 2012 | — | $38,343,701▼0.1% | $85,720,719▲10.4% | $104,649,812▲8.0% | 990 |
| 2011 | — | $38,398,390▲2.6% | $77,651,820▲2.1% | $96,856,490▲0.7% | 990 |
| 2010 | — | $37,422,660▲2.2% | $76,071,283▲11.8% | $96,189,207▲9.0% | 990 |
| 2009 | — | $36,604,985 | $68,044,676 | $88,285,784 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Stavney Anne E — $929,941 (1.43% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stavney Anne E | Head of School | 60 | $929,941 |
| Kelley Daniel A | Cfo/coo | 50 | $387,045 |
| Ruggiero Joseph J | Director, Upper School | 50 | $240,788 |
| Schubring Rebecca L | Chief Advancement Officer | 50 | $239,836 |
| Silvestri Joseph P | Director, Admissions and Financial Assistance | 50 | $221,241 |
| Boxer David | Chief Information Officer | 50 | $195,307 |
| West Latoya | Director, Early Learning Center | 50 | $188,221 |
| Baker Kelly | Trustee | 1 | — |
| Bennett Mosi | Vice Chair | 1 | — |
| Bizily Neil | Trustee | 1 | — |
| Bollettieri Jill | Trustee | 1 | — |
| Ginsburg Laura | Trustee | 1 | — |
| Goldstein Katie | Trustee | 1 | — |
| Hsia Phil | Trustee | 1 | — |
| Myren Kevin | Trustee | 1 | — |
| Noori Salehi Nedda | Trustee | 1 | — |
| Noteboom Todd | Trustee | 1 | — |
| Rodriguez Art | Trustee | 1 | — |
| Saul Paylor Lisa | Trustee | 1 | — |
| Sharma Geetu | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ma Mortenson Company | Construction | $4,071,872 |
| Taher Inc | Food Service | $2,028,017 |
| Encore One DBA Marsden Building Maintena | Cleaning | $926,562 |
| Metropolitan Mechanical Contractors Inc | Mechanical Services | $297,581 |
| Close Up Foundation | Student Programs | $234,417 |
Grants received · $16.6M total
109 grants to Blake School totaling $16.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Blake School a legitimate nonprofit?
- Yes. Blake School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7243247, based in Hopkins, Minnesota. Donations are tax-deductible.
- What is Blake School's EIN?
- Blake School's Employer Identification Number (EIN) is 23-7243247.
- How much revenue does Blake School report?
- Blake School reported $62,197,304 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Blake School's spending goes to programs?
- Blake School spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Blake School have?
- CharityIndex grades Blake School C+, based on program efficiency and fundraising cost.
- How much does Blake School's highest-paid employee make?
- The highest reported compensation on Blake School's latest Form 990 is $929,941, paid to Stavney Anne E (Head of School).
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Data for Blake School (EIN 23-7243247) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.