Civic Intelligence

Team Academy

EIN 20-1056964 • 501(c)3 • Waseca, MN

Profile

To operate an elementary public charter school in waseca under the laws of the state of minnesota.

220 17th Avenue NEWaseca, MN 56093

www.team.k12.mn.us

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.47x

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

1.29x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

12th percentile

-27%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

10th percentile

-17%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-25%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$902,990

Down $287,873 (-24%) from 2024

Liabilities

Down

$1,667,912

Down $265,355 (-14%) from 2024

Net Assets

Down

-$764,922

Down $22,518 (-3.0%) from 2024

Revenue

Up

$2,067,221

Up $151,176 (+7.9%) from 2024

Expenses

Down

$2,089,739

Down $135,624 (-6.1%) from 2024

Net Income

Up

-$22,518

Up $286,800 (+93%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2010: $487,051Liabilities 2010: $259,087Net Assets 2010: $227,9642010Assets 2011: $522,898Liabilities 2011: $189,589Net Assets 2011: $333,3092011Assets 2012: $573,639Liabilities 2012: $212,663Net Assets 2012: $360,9762012Assets 2013: $768,169Liabilities 2013: $140,881Net Assets 2013: $627,2882013Assets 2014: $790,334Liabilities 2014: $130,904Net Assets 2014: $659,4302014Assets 2015: $904,890Liabilities 2015: $1,158,180Net Assets 2015: -$253,2902015Assets 2016: $966,320Liabilities 2016: $1,216,294Net Assets 2016: -$249,9742016Assets 2017: $2,747,756Liabilities 2017: $3,414,849Net Assets 2017: -$667,0932017Assets 2018: $2,360,940Liabilities 2018: $3,419,245Net Assets 2018: -$1,058,3052018Assets 2019: $1,942,560Liabilities 2019: $2,702,735Net Assets 2019: -$760,1752019Assets 2020: $1,480,636Liabilities 2020: $2,449,859Net Assets 2020: -$969,2232020Assets 2021: $1,379,619Liabilities 2021: $2,526,775Net Assets 2021: -$1,147,1562021Assets 2022: $1,901,436Liabilities 2022: $2,698,720Net Assets 2022: -$797,2842022Assets 2023: $1,582,819Liabilities 2023: $2,322,063Net Assets 2023: -$739,2442023Assets 2024: $1,190,863Liabilities 2024: $1,933,267Net Assets 2024: -$742,4042024Assets 2025: $902,990Liabilities 2025: $1,667,912Net Assets 2025: -$764,9222025

Highlighted filing

2025

Assets$902,990
Liabilities$1,667,912
Net Assets-$764,922

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,356,5292010Revenue 2011: $1,467,086Expenses 2011: $1,361,741Net Income 2011: $105,3452011Revenue 2012: $1,506,582Expenses 2012: $1,478,915Net Income 2012: $27,6672012Expenses 2013: $1,460,0662013Revenue 2014: $1,481,330Expenses 2014: $1,449,188Net Income 2014: $32,1422014Revenue 2015: $1,729,663Expenses 2015: $2,642,383Net Income 2015: -$912,7202015Revenue 2016: $1,735,009Expenses 2016: $1,731,693Net Income 2016: $3,3162016Revenue 2017: $1,760,346Expenses 2017: $2,177,465Net Income 2017: -$417,1192017Revenue 2018: $1,813,024Expenses 2018: $2,177,704Net Income 2018: -$364,6802018Revenue 2019: $1,772,161Expenses 2019: $1,475,410Net Income 2019: $296,7512019Revenue 2020: $1,772,145Expenses 2020: $2,010,439Net Income 2020: -$238,2942020Revenue 2021: $1,844,375Expenses 2021: $1,939,333Net Income 2021: -$94,9582021Revenue 2022: $2,393,876Expenses 2022: $2,122,197Net Income 2022: $271,6792022Revenue 2023: $1,802,156Expenses 2023: $2,282,505Net Income 2023: -$480,3492023Revenue 2024: $1,916,045Expenses 2024: $2,225,363Net Income 2024: -$309,3182024Revenue 2025: $2,067,221Expenses 2025: $2,089,739Net Income 2025: -$22,5182025

Highlighted filing

2025

Revenue$2,067,221
Expenses$2,089,739
Net Income-$22,518

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.90$1.67$0.76$2.07$2.09$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.19$1.93$0.74$1.92$2.23$0.31
2023Detailed filing. Detailed filing data is available for this year.$1.58$2.32$0.74$1.80$2.28$0.48
2022Detailed filing. Detailed filing data is available for this year.$1.90$2.70$0.80$2.39$2.12$0.27
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$2.53$1.15$1.84$1.94$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.48$2.45$0.97$1.77$2.01$0.24
2019Detailed filing. Detailed filing data is available for this year.$1.94$2.70$0.76$1.77$1.48$0.30
2018Detailed filing. Detailed filing data is available for this year.$2.36$3.42$1.06$1.81$2.18$0.36
2017Detailed filing. Detailed filing data is available for this year.$2.75$3.41$0.67$1.76$2.18$0.42
2016Detailed filing. Detailed filing data is available for this year.$0.97$1.22$0.25$1.74$1.73$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.90$1.16$0.25$1.73$2.64$0.91
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.13$0.66$1.48$1.45$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.14$0.63$1.46
2012Summary only. Only limited summary data is available for this year.$0.57$0.21$0.36$1.51$1.48$0.03
2011Summary only. Only limited summary data is available for this year.$0.52$0.19$0.33$1.47$1.36$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.26$0.23$1.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 17, 2026
Return Version
2024v5.5
Gross Receipts
$2,067,221
Mission and Program Overview

Mission

To operate an elementary public charter school in waseca under the laws of the state of minnesota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$157,358$354,653▲ $197,295
Rtn Earn Endowment Incm Other Fnds$208,112$138,340▼ $69,772
Pd in Cap Srpls Land Bldg Eqp Fund$83,277$61,644▼ $21,633
Cash and Non-Interest-Bearing Accounts$250,458$60,842▼ $189,616
Land, Buildings, and Equipment, Net$43,345$30,721▼ $12,624
Prepaid Expenses and Deferred Charges$8,182$17,641▲ $9,459
Cap Stk Tr Prin Current Funds$-1,033,793$-964,906▲ $68,887
Total Assets$1,190,863$902,990▼ $287,873
Other Assets Total$731,520$439,133▼ $292,387
Liabilities
Other Liabilities$1,501,329$1,376,032▼ $125,297
Accounts Payable and Accrued Expenses$138,997$196,034▲ $57,037
Unsecured Notes Loans Payable$292,941$95,846▼ $197,095
Total Liabilities$1,933,267$1,667,912▼ $265,355
Net Assets / Fund Balance
Total Net Assets Fund Balance$-742,404$-764,922▼ $22,518
Total Liabilities and Net Assets / Fund Balance$1,190,863$902,990▼ $287,873

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,721$182,556$213,277
Other Assets Org$84,592--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jill CourtneyExecutive DirectorFT$68,602$46,352$114,954
Janel SchmidtVice ChairFT$57,742$23,991$81,733
Christine HeringTreasurerFT$60,311$12,403$72,714
Jennifer BrittainDirectorFT$52,014$20,650$72,664
Denise GilbertsonDirectorFT$49,571$10,812$60,383
Sheryl OsweilerDirectorFT$46,608$9,237$55,845

Board Members and Trustees

NameTitle
Jed KalbowChair
Monica HertzogDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,980,712
Program Service Revenue
$85,757
Investment Income
$752
Other Revenue
$0
All Other Contributions
$1,610
Change in Net Assets
$-22,518

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,067,221
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,067,221
Total Revenue per Form 990
$2,067,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,524,364
Other Expenses$565,375
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$763,424$141,597-$905,021
Current Officers, Directors, Trustees, and Key Employees$369,863--$369,863
Depreciation Depletion$236,859--$236,859
Office Expenses$121,296$11,394-$132,690
Other Employee Benefits$93,430$25,161-$118,591
Payroll Taxes$93,116$10,120-$103,236
Fees for Services Other$41,122$19,296-$60,418
Pension Plan Contributions$17,569$10,084-$27,653
Interest$21,019--$21,019
Fees for Services Accounting-$20,273-$20,273
Occupancy$18,074--$18,074
Information Technology$15,545--$15,545
Insurance$12,952--$12,952
Conferences and Meetings$11,970--$11,970
Travel$6,032--$6,032
Other Expenses$4,911--$4,911
Total Functional Expenses$1,851,814$237,925$0$2,089,739

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,089,739
Total Expenses per Audited Statements$2,089,739
Total Expenses per Form 990$2,089,739
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Net Pension Liability$978,939
Deferred Pension Inflows$397,093
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The management of the organization review the form 990, then present it to the board for review and approval prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy covers board members, employes, officers, and agents. Management and the board of directors monitor and review any potential conflicts of interest on an on-going basis. If a conflict exists, the conflicted individual cannot participate in selecting, awarding, or administering the contract involved. Proceedings resulting from a conflict of interest are in the board minutes.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Team Academy
EIN
20-1056964
Phone
5078375149
Address
220 17TH AVENUE NE, WASECA, MN 56093

Signing Officer

Name
Jill Courtney
Title
Executive Director
Phone
5078375149
Signed
2026-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Courtney
Formed
2004
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
2
Employees
31
Volunteers
2

Preparer

Firm
Cliftonlarsonallen Llp
Address
2689 COMMERCE DRIVE NW SUITE 201, ROCHESTER, MN 55901
Preparer
Katherine Lutzke CPA
Phone
5072802300
Raw XML AppendixShowing 400 of 417 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0138997
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0196034
IRS990/AccountsReceivableGrp/BOYAmt0157358
IRS990/AccountsReceivableGrp/EOYAmt0354653
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OPERATE AN ELEMENTARY PUBLIC CHARTER SCHOOL IN WASECA UNDER THE LAWS OF THE STATE OF MINNESOTA.
IRS990/AllOtherContributionsAmt01610
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JILL COURTNEY
IRS990/BooksInCareOfDetail/PhoneNum05078375149
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0220 17TH AVENUE NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASECA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056093
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0-1033793
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0-964906
IRS990/CashNonInterestBearingGrp/BOYAmt0250458
IRS990/CashNonInterestBearingGrp/EOYAmt060842
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0369863
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0369863
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt011970
IRS990/ConferencesMeetingsGrp/TotalAmt011970
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01980712
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0752
IRS990/CYOtherExpensesAmt0565375
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt085757
IRS990/CYRevenuesLessExpensesAmt0-22518
IRS990/CYSalariesCompEmpBnftPaidAmt01524364
IRS990/CYTotalExpensesAmt02089739
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02067221
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0236859
IRS990/DepreciationDepletionGrp/TotalAmt0236859
IRS990/Desc0TEAM ACADEMY PROVIDES AN EDUCATIONAL PROGRAM TO APPROXIMATELY 100 ELEMENTARY STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt031
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01851814
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020273
IRS990/FeesForServicesAccountingGrp/TotalAmt020273
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt019296
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt041122
IRS990/FeesForServicesOtherGrp/TotalAmt060418
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt123991
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt212403
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt320650
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt410812
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt59237
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt746352
IRS990/Form990PartVIISectionAGrp/PersonNm0JED KALBOW
IRS990/Form990PartVIISectionAGrp/PersonNm1JANEL SCHMIDT
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRISTINE HERING
IRS990/Form990PartVIISectionAGrp/PersonNm3JENNIFER BRITTAIN
IRS990/Form990PartVIISectionAGrp/PersonNm4DENISE GILBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm5SHERYL OSWEILER
IRS990/Form990PartVIISectionAGrp/PersonNm6MONICA HERTZOG
IRS990/Form990PartVIISectionAGrp/PersonNm7JILL COURTNEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt157742
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260311
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt352014
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt449571
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt546608
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt768602
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt01979102
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02067221
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt015545
IRS990/InformationTechnologyGrp/TotalAmt015545
IRS990/InsuranceGrp/ProgramServicesAmt012952
IRS990/InsuranceGrp/TotalAmt012952
IRS990/InterestGrp/ProgramServicesAmt021019
IRS990/InterestGrp/TotalAmt021019
IRS990/InvestmentIncomeGrp/ExclusionAmt0752
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0752
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0182556
IRS990/LandBldgEquipBasisNetGrp/BOYAmt043345
IRS990/LandBldgEquipBasisNetGrp/EOYAmt030721
IRS990/LandBldgEquipCostOrOtherBssAmt0213277
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OPERATE AN ELEMENTARY PUBLIC CHARTER SCHOOL IN WASECA UNDER THE LAWS OF THE STATE OF MINNESOTA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-742404
IRS990/NetAssetsOrFundBalancesEOYAmt0-764922
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt018074
IRS990/OccupancyGrp/TotalAmt018074
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011394
IRS990/OfficeExpensesGrp/ProgramServicesAmt0121296
IRS990/OfficeExpensesGrp/TotalAmt0132690
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0731520
IRS990/OtherAssetsTotalGrp/EOYAmt0439133
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt025161
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt093430
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0118591
IRS990/OtherExpensesGrp/Desc0DUES & MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTANENCE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt013101
IRS990/OtherExpensesGrp/ProgramServicesAmt111531
IRS990/OtherExpensesGrp/ProgramServicesAmt24911
IRS990/OtherExpensesGrp/TotalAmt013101
IRS990/OtherExpensesGrp/TotalAmt111531
IRS990/OtherExpensesGrp/TotalAmt24911
IRS990/OtherLiabilitiesGrp/BOYAmt01501329
IRS990/OtherLiabilitiesGrp/EOYAmt01376032
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0141597
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0763424
IRS990/OtherSalariesAndWagesGrp/TotalAmt0905021
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010120
IRS990/PayrollTaxesGrp/ProgramServicesAmt093116
IRS990/PayrollTaxesGrp/TotalAmt0103236
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt083277
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt061644
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010084
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt017569
IRS990/PensionPlanContributionsGrp/TotalAmt027653
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08182
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017641
IRS990/PrincipalOfficerNm0JILL COURTNEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0MEDICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc1FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt082433
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02914
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1410
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt082433
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2410
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01802812
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01484
IRS990/PYOtherExpensesAmt0777716
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0111749
IRS990/PYRevenuesLessExpensesAmt0-309318
IRS990/PYSalariesCompEmpBnftPaidAmt01447647
IRS990/PYTotalExpensesAmt02225363
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01916045
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-22518
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03324
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0208112
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0138340
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt030721
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0182556
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0213277
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02089739
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0354541
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt184592
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED PENSION OUTFLOWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT-TO-USE EQUIPMENT, NET OF AMORTIZATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0397093
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1978939
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED PENSION INFLOWS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02067221
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030721
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0439133
IRS990ScheduleD/TotalExpensesPerForm990Amt02089739
IRS990ScheduleD/TotalLiabilityAmt01376032
IRS990ScheduleD/TotalRevenuePerForm990Amt02067221
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02067221
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02089739
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SINCE THE CHARTER SCHOOL IS A PUBLIC SCHOOL UNDER MINNESOTA STATUTES, THERE CAN BE NO RACIAL DISCRIMINATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1TEAM ACADEMY RECEIVES FUNDS FROM THE MINNESOTA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT OF THE ORGANIZATION REVIEW THE FORM 990, THEN PRESENT IT TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY COVERS BOARD MEMBERS, EMPLOYES, OFFICERS, AND AGENTS. MANAGEMENT AND THE BOARD OF DIRECTORS MONITOR AND REVIEW ANY POTENTIAL CONFLICTS OF INTEREST ON AN ON-GOING BASIS. IF A CONFLICT EXISTS, THE CONFLICTED INDIVIDUAL CANNOT PARTICIPATE IN SELECTING, AWARDING, OR ADMINISTERING THE CONTRACT INVOLVED. PROCEEDINGS RESULTING FROM A CONFLICT OF INTEREST ARE IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01190863
IRS990/TotalAssetsEOYAmt0902990
IRS990/TotalAssetsGrp/BOYAmt01190863
IRS990/TotalAssetsGrp/EOYAmt0902990
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01980712
IRS990/TotalEmployeeCnt031
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0237925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01851814
IRS990/TotalFunctionalExpensesGrp/TotalAmt02089739
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01933267
IRS990/TotalLiabilitiesEOYAmt01667912
IRS990/TotalLiabilitiesGrp/BOYAmt01933267
IRS990/TotalLiabilitiesGrp/EOYAmt01667912
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-742404
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-764922
IRS990/TotalOtherCompensationAmt0123445
IRS990/TotalProgramServiceExpensesAmt01851814
IRS990/TotalProgramServiceRevenueAmt085757
IRS990/TotalReportableCompFromOrgAmt0334848
IRS990/TotalRevenueGrp/ExclusionAmt083185
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03324
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02067221
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01190863
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0902990
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt06032
IRS990/TravelGrp/TotalAmt06032
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0292941
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt095846
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0220 17TH AVENUE NE
IRS990/USAddress/CityNm0WASECA
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056093
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.TEAM.K12.MN.US/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JILL COURTNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05078375149
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEAM ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0201056964
ReturnHeader/Filer/PhoneNum05078375149
ReturnHeader/Filer/USAddress/AddressLine1Txt0220 17TH AVENUE NE
ReturnHeader/Filer/USAddress/CityNm0WASECA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.