Skip to main content
MN Specialized Public School District 1 Schools

Infinity: Minnesota Digital Academy

GRAND RAPIDS, MN 55744 • Itasca County • 1 Operating Schools
(800) 624-4072
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 0 students
Census F-33 • FY 2024
Total Revenue
$591,000
Total Expenditure
$739,000
Classroom Instruction
$351,000
Outstanding Debt
$0

Revenue Sources

State Government Funds: $4,000 (0.7%) Local Taxes & Fees: $587,000 (99.3%)
State Government Funds $4,000 0.7%
Local Taxes & Fees $587,000 99.3%
Federal Aid $0 0%
Total Revenue $591,000 100.0%

Expenditure Allocation

Classroom Instruction: $351,000 (47.5%) Support Services: $355,000 (48%) Other / Operations: $33,000 (4.5%)
Classroom Instruction $351,000 47.5%
Support Services $355,000 48%
Capital Outlays $0 0%
Other / Operations $33,000 4.5%
Total Expenditure $739,000 100.0%

Financial Comparison & Trends Chart

$0$0$1$1$1N/AFY 2020Enrollment N/AN/AFY 2021Enrollment N/AN/AFY 2022Enrollment N/AN/AFY 2023Enrollment N/AN/AFY 2024Enrollment N/A
Revenue per Student Expenditure per Student
Peak Per-Pupil: $1

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 0 $591,000 $739,000 $351,000 $0 $0
FY 2023 0 $753,000 $826,000 $408,000 $2,000 $0
FY 2022 0 $894,000 $711,000 $424,000 $1,000 $0
FY 2021 0 $555,000 $723,000 $304,000 $2,000 $0
FY 2020 0 $698,000 $762,000 $375,000 $1,000 $0