Civic Intelligence

Augsburg Fairview Academy

990 • Fiscal year 2015 • EIN 20-0105776

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 26, 2016

2504 Columbus AveMinneapolis, MN 55404

(651) 917-6259

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.49x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.63x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

52nd percentile

3.3%

Higher net margin than 52% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$60,796

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

93rd percentile

62%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

8.3%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$998,219

Up $382,666 (+62%) from 2014

Net Assets

Down

-$493,723

Down $941,163 (-210%) from 2014

Liabilities

Up

$1,491,942

Up $1,323,829 (+787%) from 2014

Revenue

Up

$2,349,941

Up $179,268 (+8.3%) from 2014

Expenses

Up

$2,272,687

Up $278,078 (+14%) from 2014

Net Income

Down

$77,254

Down $98,810 (-56%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $350,435Liabilities 2010: $295,765Net Assets 2010: $54,6702010Assets 2011: $507,958Liabilities 2011: $398,246Net Assets 2011: $109,7122011Assets 2012: $657,778Liabilities 2012: $575,962Net Assets 2012: $81,8162012Assets 2013: $429,055Liabilities 2013: $157,679Net Assets 2013: $271,3762013Assets 2014: $615,553Liabilities 2014: $168,113Net Assets 2014: $447,4402014Assets 2015: $998,219Liabilities 2015: $1,491,942Net Assets 2015: -$493,7232015Assets 2016: $1,222,879Liabilities 2016: $1,833,815Net Assets 2016: -$610,9362016Assets 2017: $3,276,927Liabilities 2017: $4,521,783Net Assets 2017: -$1,244,8562017Assets 2018: $2,401,761Liabilities 2018: $3,959,209Net Assets 2018: -$1,557,4482018Assets 2019: $1,900,615Liabilities 2019: $3,118,184Net Assets 2019: -$1,217,5692019Assets 2020: $1,513,307Liabilities 2020: $2,582,861Net Assets 2020: -$1,069,5542020Assets 2021: $1,229,947Liabilities 2021: $2,107,472Net Assets 2021: -$877,5252021Assets 2022: $2,873,652Liabilities 2022: $3,315,912Net Assets 2022: -$442,2602022Assets 2023: $1,680,538Liabilities 2023: $1,653,912Net Assets 2023: $26,6262023Assets 2024: $1,444,644Liabilities 2024: $1,219,460Net Assets 2024: $225,1842024Assets 2025: $1,663,249Liabilities 2025: $1,306,188Net Assets 2025: $357,0612025

Highlighted filing

2015

Assets$998,219
Liabilities$1,491,942
Net Assets-$493,723

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,266,5652010Expenses 2011: $1,352,0632011Expenses 2012: $1,569,4462012Expenses 2013: $1,603,3652013Revenue 2014: $2,170,673Expenses 2014: $1,994,609Net Income 2014: $176,0642014Revenue 2015: $2,349,941Expenses 2015: $2,272,687Net Income 2015: $77,2542015Revenue 2016: $2,192,770Expenses 2016: $2,309,983Net Income 2016: -$117,2132016Revenue 2017: $1,817,229Expenses 2017: $2,451,150Net Income 2017: -$633,9212017Revenue 2018: $1,862,861Expenses 2018: $2,175,453Net Income 2018: -$312,5922018Revenue 2019: $1,727,378Expenses 2019: $1,387,499Net Income 2019: $339,8792019Revenue 2020: $1,744,146Expenses 2020: $1,596,131Net Income 2020: $148,0152020Revenue 2021: $1,817,542Expenses 2021: $1,625,513Net Income 2021: $192,0292021Revenue 2022: $2,096,668Expenses 2022: $1,661,403Net Income 2022: $435,2652022Revenue 2023: $1,903,752Expenses 2023: $1,609,509Net Income 2023: $294,2432023Revenue 2024: $1,950,632Expenses 2024: $1,752,074Net Income 2024: $198,5582024Revenue 2025: $1,938,270Expenses 2025: $1,806,393Net Income 2025: $131,8772025

Highlighted filing

2015

Revenue$2,349,941
Expenses$2,272,687
Net Income$77,254
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 26, 2016
Return Version
2014v6.0
Gross Receipts
$2,349,941
Mission and Program Overview

Mission

Augsburg fairview academy invites young adults from diverse communities to prepare for college, career, and life through an intense program of rigorous study and real-world connections to health care, education, and other human services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$289,905$657,192▲ $367,287
Land, Buildings, and Equipment, Net$120,646$138,907▲ $18,261
Prepaid Expenses and Deferred Charges$11,703$33,050▲ $21,347
Pledges and Grants Receivable$193,299$18,780▼ $174,519
Total Assets$615,553$998,219▲ $382,666
Other Assets Total-$150,290-
Liabilities
Other Liabilities$17,478$1,153,401▲ $1,135,923
Deferred Revenue-$174,505-
Accounts Payable and Accrued Expenses$150,635$164,036▲ $13,401
Total Liabilities$168,113$1,491,942▲ $1,323,829
Net Assets / Fund Balance
Unrestricted Net Assets$447,440$-493,723▼ $941,163
Total Net Assets Fund Balance$447,440$-493,723▼ $941,163
Total Liabilities and Net Assets / Fund Balance$615,553$998,219▲ $382,666

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$150,290--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Thomas MatuseskiBoard Member$56,684$4,112$60,796
Vasileios SerefasSecretary$40,829$2,962$43,791
Tara HowardBoard Member$39,604$2,873$42,477
Max Clark-vailTreasurer$38,152$2,770$40,922

Board Members and Trustees

NameTitle
Louis SmithBoard Chair
Joan CurtisBoard Member
Regina PekarekBoard Member
Sue HagenessBoard Member
Virginia McarthyBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,335,757
Program Service Revenue
$14,184
Investment Income
$0
Other Revenue
$0
All Other Contributions
$7,000
Change in Net Assets
$77,254

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,349,941
Total Revenue per Audited Statements
$2,349,941
Total Revenue per Form 990
$2,349,941
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,514,033
Other Expenses$758,654
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,125,118$147,018-$1,272,136
Fees for Services Other$39,245$103,782-$143,027
Payroll Taxes$84,288$10,949-$95,237
Other Employee Benefits$64,756$25,237-$89,993
Pension Plan Contributions$45,757$10,910-$56,667
Office Expenses$7$35,066-$35,073
Other Expenses$28,992$14,815-$28,992
Payments to Affiliates$25,148--$25,148
Depreciation Depletion$19,270--$19,270
Insurance$8,532--$8,532
All Other Expenses$6,433--$6,433
Conferences and Meetings$5,552--$5,552
Interest-$4,285-$4,285
Total Functional Expenses$1,911,100$361,587$0$2,272,687

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,272,687
Total Expenses per Audited Statements$2,272,687
Total Expenses per Form 990$2,272,687
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Portion Due in More Than One Year$905,738
Pension Deferred Inflows$225,736
Payroll Taxes$21,927
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 reviewed by the academy's executive director who is authorized by the board of directors to approve its submission.

Form 990, Page 6, Part VI, Line 12C

Officers, directors, and key employees review this policy at start of each year and each is asked if they have any conflicts or potential conflicts to disclose. If so, they are asked to identify them in detail.

Form 990, Page 6, Part VI, Line 19

Governing documents are available on request.

Filing and Contact Details

Filer

Filer Name
Augsburg Fairview Academy
EIN
20-0105776
Phone
6519176259
Address
2504 COLUMBUS AVE, MINNEAPOLIS, MN 55404

Signing Officer

Name
Heidi Anderson
Title
Interim Executive Director
Phone
6519176259
Signed
2016-01-26
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
5
Employees
47
Volunteers
10

Preparer

Firm
Chuck Rinkey Ltd
Address
5775 WAYZATA BLVD STE 990, MINNEAPOLIS, MN 55416-1295
Preparer
Charles Rinkey
Phone
9525461052
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Augsburg fairview academy invites young adults from diverse communities to prepare for college, career, and life through an intense program of rigorous study and real-world connections to health care, education, and other human services.

Form 990, Page 1, Part I, Line 6

VARIOUS DUTIES

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AUGSBURG FAIRVIEW ACADEMY INVITES YOUNG ADULTS FROM DIVERSE COMMUNITIES TO PREPARE FOR COLLEGE, CAREER, AND LIFE THROUGH AN INTENSE PROGRAM OF RIGOROUS STUDY AND REAL-WORLD CONNECTIONS TO HEALTH CARE, EDUCATION, AND OTHER HUMAN SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VARIOUS DUTIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 REVIEWED BY THE ACADEMY'S EXECUTIVE DIRECTOR WHO IS AUTHORIZED BY THE BOARD OF DIRECTORS TO APPROVE ITS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS, DIRECTORS, AND KEY EMPLOYEES REVIEW THIS POLICY AT START OF EACH YEAR AND EACH IS ASKED IF THEY HAVE ANY CONFLICTS OR POTENTIAL CONFLICTS TO DISCLOSE. IF SO, THEY ARE ASKED TO IDENTIFY THEM IN DETAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990/WebsiteAddressTxt0WWW.AFA.TC
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HEIDI ANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INTERIM EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06519176259
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AUGSBURG FAIRVIEW ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0AUGS
ReturnHeader/Filer/EIN0200105776
ReturnHeader/Filer/PhoneNum06519176259
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411799235
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHUCK RINKEY LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05775 WAYZATA BLVD STE 990
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0554161295
ReturnHeader/PreparerPersonGrp/PhoneNum09525461052
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES RINKEY
ReturnHeader/ReturnTs02016-01-26T11:04:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.66$1.31$0.36$1.94$1.81$0.13
2024Detailed filing. Detailed filing data is available for this year.$1.44$1.22$0.23$1.95$1.75$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.68$1.65$0.03$1.90$1.61$0.29
2022Detailed filing. Detailed filing data is available for this year.$2.87$3.32$0.44$2.10$1.66$0.44
2021Detailed filing. Detailed filing data is available for this year.$1.23$2.11$0.88$1.82$1.63$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.51$2.58$1.07$1.74$1.60$0.15
2019Detailed filing. Detailed filing data is available for this year.$1.90$3.12$1.22$1.73$1.39$0.34
2018Detailed filing. Detailed filing data is available for this year.$2.40$3.96$1.56$1.86$2.18$0.31
2017Detailed filing. Detailed filing data is available for this year.$3.28$4.52$1.24$1.82$2.45$0.63
2016Detailed filing. Detailed filing data is available for this year.$1.22$1.83$0.61$2.19$2.31$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.00$1.49$0.49$2.35$2.27$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.17$0.45$2.17$1.99$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.16$0.27$1.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.58$0.08$1.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.40$0.11$1.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.30$0.05$1.27