Minnesota Applied Study Technology Inc in Minnetonka, Minnesota (MN)

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Minnesota Applied Study Technology Inc
Employer Identification Number (EIN)411942018
Name of OrganizationMinnesota Applied Study Technology Inc
Address4704 Fairhills Rd W, Minnetonka, MN 55345-3509
SubsectionEducational Organization
Ruling Date12/2000
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period07/2011
Assets$0
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1
Amount of Income$27,401
Form 990 Revenue Amount$11,948
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Management & Technical Assistance


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Amount of income in 2011: $27,401 (it was $95,555 in 2010)
This organization: 

 $27,401
Other organizations performing similar types of work: 

 $253,364

Assets in 2011: $1 (it was $1,225 in 2010)
This organization: 

 $1
Other organizations performing similar types of work: 

 $138,908

Expenses in 2011: $12,426
This organization: 

 $12,426
Other organizations performing similar types of work: 

 $267,422

Income to expenses ratio in 2011: 2.2
Minnesota Applied Study Technology Inc: 

 2.2
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2011: 49.7%
Minnesota Applied Study Technology Inc: 

 49.7%
Other organizations performing similar types of work: 

 79.0%

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$11,948
Contributions, Gifts, Grants and Other Similar Amounts$5,940
Program Service Revenue$3,520
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$2,488
Statement of Functional Expenses (for 2011)
Total functional expenses$12,426
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$2,013
Payroll taxes$234
Professional fundraising services$0
Other$10,179
Balance Sheet (for 2011)
Total assets$1
Total liabilities$12,730
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$12,730
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$-12,730
Retained earnings, endowment, accumulated income, or other funds$-12,730
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$487,348
Gifts, grants, contributions, and membership fees received$71,520
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$408,011
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$21
Other$7,796
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Edvisions Schools Inc501 Main St, Henderson, MN 56044-7709MN2005-10$999,776
2Ecmc Group Inc1 Imation Place Bldg 2, Oakdale, MN 55128-3422MN2001-04$372,329,145
3Ecmc Foundation1 Imation Place Bldg 2, Oakdale, MN 55128-3422MN2001-04$153,847,029
4Wb Community Health875 Centerville Road, Warwick, RI 02886-4381RI1999-06$125,128,955
5Detroit 90-90610 Antoinette St, Detroit, MI 48202-3457MI2014-06$19,239,157
6University At Buffalo Surgeons Inc462 Grider St, Buffalo, NY 14215-3021NY2003-02$14,930,666
7University Of Akron Research FoundationGoodyear Polymer Center, Akron, OH 44325-2103OH2003-07$11,461,658
8New Classrooms Innovation Partners Inc1250 Broadway 30th Floor, New York, NY 10001NY2012-07$11,305,307
9Central Indiana Educational Service Center6036 Lakeside Blvd Room Bldg A, Indianapolis, IN 46278-1988IN2013-12$9,324,035
10Creative Urban Education Inc460 W Baltimore St, Detroit, MI 48202-3208MI2009-06$6,635,805
11Charter School Partners2800 University Ave Se Ste 202, Minneapolis, MN 55414-4205MN2009-09$1,490,462
12Innovative Special Education Services, Ises295 Phalen Blvd, St Paul, MN 55130-2400MN2011-07$1,171,509
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16Minnesota Applied Study Technology Inc4704 Fairhills Rd W, Minnetonka, MN 55345-3509MN2000-12$27,401
17Founding Futures5117 Bryant Ave S, Minneapolis, MN 55419MN2010-09$0
18Irem Chapter 45 Educational Foundation4248 Park Glen Road, Minneapolis, MN 55416MN2014-07$0
19Sound Life Inc4814 London Road, Duluth, MN 55804MN2014-07$0
20Waconia Education Association1400 Community Dr, Waconia, MN 55387MN2000-03$0
Number of organizations performing similar types of work
Alaska2
Alabama1
Arkansas3
Arizona11
California45
Colorado12
Connecticut11
District of Columbia14
Delaware2
Florida17
Georgia16
Hawaii3
Iowa6
Illinois9
Indiana4
Kansas3
Kentucky1
Louisiana7
Massachusetts17
Maryland9
Maine1
Michigan9
Minnesota13
Missouri8
Mississippi1
Montana3
North Carolina7
New Hampshire4
New Jersey6
New Mexico7
Nevada3
New York31
Ohio18
Oklahoma5
Oregon10
Pennsylvania17
Rhode Island4
South Carolina8
South Dakota1
Tennessee7
Texas17
Utah2
Virginia12
Vermont1
Washington13
Wisconsin12
West Virginia1
Wyoming1
International1
Total416

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