Shattuck-st Marys Schools
Only null% goes to programs Strong reserves
Shattuck-st Marys Schools is a 501(c)(3) organization based in Faribault, Minnesota, registered in 1952, with $36,183,306 in FY2023 revenue. CharityIndex grades it B.
Po Box 218, Faribault, MN, 55021 EIN 41-0696908 Since 1952
Revenue (FY2023)
$36.2M
▲ 0.5% vs prior year
Education median: $200K
Expenses (FY2023)
$36.0M
Net assets
$63.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Shattuck-st Marys Schools— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +0% 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 Shattuck-st Marys Schools: 21 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Shattuck-st Marys Schools— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Shattuck-st Marys Schools: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 218, Faribault, MN, 55021
- City
- Faribault
- State
- Minnesota
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Website
- …
Financial trends
Revenue grew from $27.7M (FY2013) to $36.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $38.9MNet assets $63.7M
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$102.6M
Total liabilities
$38.9M
Net assets
$63.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $36,183,306▲0.5% | $36,021,497▲3.9% | $63,713,336▲10.8% | $102,615,053▲7.6% | 990 |
| 2022 | $36,009,097▲4.4% | $34,664,990▲5.4% | $57,514,821▲2.4% | $95,329,141▲0.6% | 990 |
| 2021 | $34,496,888▲4.3% | $32,876,881▲5.7% | $56,157,270▼2.7% | $94,717,354▼3.5% | 990 |
| 2020 | $33,078,824▼10.4% | $31,112,514▼3.5% | $57,693,895▲8.2% | $98,168,921▲4.9% | 990 |
| 2019 | $36,933,370▲5.5% | $32,246,857▼9.9% | $53,344,440▲11.4% | $93,579,953▲1.5% | 990 |
| 2018 | $35,024,140▲6.0% | $35,791,702▲0.6% | $47,897,577▼1.5% | $92,176,886▼0.8% | 990 |
| 2017 | $33,055,326▼24.1% | $35,575,068▲6.2% | $48,645,439▼3.9% | $92,947,176▲0.1% | 990 |
| 2016 | $43,529,531▲43.0% | $33,490,785▼0.3% | $50,640,725▲30.1% | $92,830,112▲18.3% | 990 |
| 2015 | $30,445,455▼3.0% | $33,590,598▲22.1% | $38,915,589▼8.2% | $78,446,925▼7.1% | 990 |
| 2014 | $31,395,708▲13.5% | $27,506,174▲8.3% | $42,389,183▲10.3% | $84,425,481▲30.5% | 990 |
| 2013 | $27,670,200 | $25,401,558▲5.2% | $38,426,843▲10.2% | $64,718,279▲9.0% | 990 |
| 2012 | — | $24,151,432▲8.3% | $34,863,982▲10.7% | $59,376,788▲8.3% | 990 |
| 2011 | — | $22,300,974▲1.6% | $31,496,446▲8.9% | $54,830,990▲3.7% | 990 |
| 2010 | — | $21,954,004▲5.1% | $28,925,723▲19.9% | $52,891,808▲22.1% | 990 |
| 2009 | — | $20,884,885 | $24,124,399 | $43,303,533 | 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.
Grants received · $5.6M total
70 grants to Shattuck-st Marys Schools totaling $5.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2024 | $510,341 |
| Minneapolis Foundation | Donor advised, education | 2024 | $24,802 |
| American Online Giving Foundation Inc | General support | 2024 | $7,801 |
| Greater Milwaukee Foundation Inc | Scholarships | 2024 | $7,027 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $584,298 |
| Saint Paul & Minnesota Foundation | Multiple grants for programs, operations, or other purposes | 2023 | $29,511 |
| San Francisco Foundation | For scholarship support, as specified. | 2023 | $24,295 |
| Minneapolis Foundation | Education | 2023 | $17,610 |
| Mightycause Charitable Foundation | Unrestricted | 2023 | $16,246 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $10,850 |
| Minnesota Historical Society | Legacy grant for chapel of the good shepherd conditions assessment | 2023 | $10,000 |
| Ayco Charitable Foundation | Education | 2023 | $7,500 |
| Greater Milwaukee Foundation Inc | Scholarships | 2023 | $6,281 |
| American Online Giving Foundation Inc | General support | 2023 | $5,867 |
| Raymond James Charitable Endowment Fund | General support | 2022 | $442,032 |
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Frequently asked questions
- Is Shattuck-st Marys Schools a legitimate nonprofit?
- Yes. Shattuck-st Marys Schools is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-0696908, based in Faribault, Minnesota. Donations are tax-deductible.
- What is Shattuck-st Marys Schools's EIN?
- Shattuck-st Marys Schools's Employer Identification Number (EIN) is 41-0696908.
- How much revenue does Shattuck-st Marys Schools report?
- Shattuck-st Marys Schools reported $36,183,306 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Shattuck-st Marys Schools have?
- CharityIndex grades Shattuck-st Marys Schools B, based on financial health (reserves and operating margin).
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Data for Shattuck-st Marys Schools (EIN 41-0696908) 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.