Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Assets
Down$1,480,636
Down $461,924 (-24%) from 2019
Net Assets
Down-$969,223
Down $209,048 (-27%) from 2019
Liabilities
Down$2,449,859
Down $252,876 (-9.4%) from 2019
Revenue
Down$1,772,145
Down $16 (-0.0%) from 2019
Expenses
Up$2,010,439
Up $535,029 (+36%) from 2019
Net Income
Down-$238,294
Down $535,045 (-180%) from 2019
To operate an elementary public charter school in waseca under the laws of the state of minnesota.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $435,566 | $374,476 | ▼ $61,090 |
| Accounts Receivable | $292,233 | $251,609 | ▼ $40,624 |
| Land, Buildings, and Equipment, Net | $37,196 | $31,778 | ▼ $5,418 |
| Prepaid Expenses and Deferred Charges | $8,182 | $8,182 | → $0 |
| Total Assets | $1,942,560 | $1,480,636 | ▼ $461,924 |
| Other Assets Total | $1,169,383 | $814,591 | ▼ $354,792 |
| Liabilities | |||
| Other Liabilities | $1,487,451 | $1,222,557 | ▼ $264,894 |
| Mortgage Notes Payable Secured by Investment Property | $1,067,438 | $1,067,237 | ▼ $201 |
| Accounts Payable and Accrued Expenses | $147,846 | $160,065 | ▲ $12,219 |
| Total Liabilities | $2,702,735 | $2,449,859 | ▼ $252,876 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $69,568 | $134,376 | ▲ $64,808 |
| Net Assets Without Donor Restrictions | $-829,743 | $-1,103,599 | ▼ $273,856 |
| Total Net Assets Fund Balance | $-760,175 | $-969,223 | ▼ $209,048 |
| Total Liabilities and Net Assets / Fund Balance | $1,942,560 | $1,480,636 | ▼ $461,924 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $31,778 | $115,865 | $147,643 |
| Other Assets Org | $814,591 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jill Courtney | Executive Director | FT | $77,506 | $22,765 | $100,271 |
| Jenna Auen | Director | - | $56,108 | $14,708 | $70,816 |
| Janel Schmidt | Director | - | $53,712 | $9,391 | $63,103 |
| Christine Hering | Treasurer | - | $57,501 | $5,457 | $62,958 |
| Jennifer Brittain | Director | - | $53,329 | $9,415 | $62,744 |
| Denise Gilbertson | Director | - | $45,759 | $4,405 | $50,164 |
| Name | Title |
|---|---|
| Jaala Miller | Chair |
| Jed Kalbow | Director |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Engelsma Limited Partnership | Rent | PO BOX 860582, Minneapolis, MN 55486 | $211,066 |
| Waseca Public Schools | Food & Special Ed Services | 501 EAST ELM AVENUE, Waseca, MN 56093 | $121,985 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,511,573 |
| Other Expenses | $498,866 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $702,793 | $64,802 | - | $767,595 |
| Current Officers, Directors, Trustees, and Key Employees | $346,312 | $115,437 | - | $461,749 |
| Other Employee Benefits | $254,336 | $10,051 | - | $264,387 |
| Fees for Services Other | $384 | $65,997 | - | $66,381 |
| Insurance | $9,065 | $9,866 | - | $18,931 |
| Payroll Taxes | $9,157 | $8,685 | - | $17,842 |
| Other Expenses | $120,874 | $17,430 | - | $17,430 |
| All Other Expenses | $9,117 | - | - | $9,117 |
| Travel | $7,316 | $349 | - | $7,665 |
| Depreciation Depletion | $5,418 | - | - | $5,418 |
| Advertising | - | $738 | - | $738 |
| Total Functional Expenses | $1,674,633 | $335,806 | $0 | $2,010,439 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,010,439 |
| Total Expenses per Form 990 | $2,010,439 |
| Total Expenses per Audited Statements | $2,001,798 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $-8,641 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $844 |
| Fundraising Direct Expenses | $0 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Deferred Inflow of Pension Related Resources | $1,222,557 |
“There are no committees with authority to act on behalf of the governing body.”
“The management of the organization review the form 990, then present it to the board for review and approval.”
“The policy is monitored on an on-going basis by management and the board of directors. If a violation arises, it is dealt with on a case by case basis.”
“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”
“Adjustments to financial statements 29,246. Rounding”
“The oversight process and selection of the independent accountant has not changed from the prior year.”
“Expenses included in cost of goods sold 10,317. Other 9,538.”
“Expenses included in cost of goods sold 10,317. Other -18,958.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 147846 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 160065 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 292233 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 251609 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO OPERATE AN ELEMENTARY PUBLIC CHARTER SCHOOL IN WASECA UNDER THE LAWS OF THE STATE OF MINNESOTA. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 738 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 738 |
| IRS990/AllOtherContributionsAmt | 0 | 81 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 9117 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 9117 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JILL COURTNEY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5078375149 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 220 17TH AVENUE NE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WASECA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56093 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 435566 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 374476 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 115437 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 346312 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 461749 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 211066 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 121985 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | PO BOX 860582 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 501 EAST ELM AVENUE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | WASECA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | MN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 55486 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 56093 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | ENGELSMA LIMITED PARTNERSHIP |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | WASECA PUBLIC SCHOOLS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | RENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | FOOD & SPECIAL ED SERVICES |
| IRS990/CostOfGoodsSoldAmt | 0 | 10317 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1776198 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 403 |
| IRS990/CYOtherExpensesAmt | 0 | 498866 |
| IRS990/CYOtherRevenueAmt | 0 | -4456 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -238294 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1511573 |
| IRS990/CYTotalExpensesAmt | 0 | 2010439 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1772145 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 5418 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 5418 |
| IRS990/Desc | 0 | TEAM ACADEMY PROVIDES AN EDUCATIONAL PROGRAM TO APPROXIMATELY 121 ELEMENTARY STUDENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 69568 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 134376 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 35 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1674633 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 65997 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 384 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 66381 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 22765 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 14708 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 9391 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 5457 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 9415 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 4405 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JILL COURTNEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JENNA AUEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JANEL SCHMIDT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CHRISTINE HERING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JENNIFER BRITTAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DENISE GILBERTSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JAALA MILLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JED KALBOW |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 77506 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 56108 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 53712 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 57501 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 53329 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 45759 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 844 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 1776117 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1782462 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 5017 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 9866 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 9065 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 18931 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 403 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 403 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 115865 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 37196 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 31778 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 147643 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO OPERATE AN ELEMENTARY PUBLIC CHARTER SCHOOL IN WASECA UNDER THE LAWS OF THE STATE OF MINNESOTA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1067438 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1067237 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -760175 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -969223 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 844 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 844 |
| IRS990/NetIncomeOrLossGrp/ExclusionAmt | 0 | -5300 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -5300 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -829743 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -1103599 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1169383 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 814591 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 29246 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 10051 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 254336 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 264387 |
| IRS990/OtherExpensesGrp/Desc | 0 | LEASE/RENT |
| IRS990/OtherExpensesGrp/Desc | 1 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 2 | UTILITIES/TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 42451 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 17430 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 209861 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 120874 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 209861 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 120874 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 42451 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 17430 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1487451 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1222557 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 64802 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 702793 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 767595 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 8685 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 9157 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 17842 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 8182 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 8182 |
| IRS990/PrincipalOfficerNm | 0 | JILL COURTNEY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1772103 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 406 |
| IRS990/PYOtherExpensesAmt | 0 | 537059 |
| IRS990/PYOtherRevenueAmt | 0 | -348 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 296751 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 938351 |
| IRS990/PYTotalExpensesAmt | 0 | 1475410 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1772161 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -238294 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 31778 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 115865 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 147643 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | -8641 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2010439 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 814591 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DEFERRED OUTFLOW OF PENSION RELATED RESOURCES |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | -8641 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1222557 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DEFERRED INFLOW OF PENSION RELATED RESOURCES |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 19855 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 19855 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1772145 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INCLUDED IN COST OF GOODS SOLD 10,317. OTHER 9,538. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES INCLUDED IN COST OF GOODS SOLD 10,317. OTHER -18,958. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 31778 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 814591 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2010439 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1222557 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1772145 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1792000 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2001798 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 0 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | SINCE THE CHARTER SCHOOL IS A PUBLIC SCHOOL UNDER MINNESOTA STATUTES, THERE CAN BE NO RACIAL DISCRIMINATION. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | TEAM ACADEMY RECEIVES FUNDS FROM THE MINNESOTA DEPARTMENT OF EDUCATION. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE MANAGEMENT OF THE ORGANIZATION REVIEW THE FORM 990, THEN PRESENT IT TO THE BOARD FOR REVIEW AND APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE POLICY IS MONITORED ON AN ON-GOING BASIS BY MANAGEMENT AND THE BOARD OF DIRECTORS. IF A VIOLATION ARISES, IT IS DEALT WITH ON A CASE BY CASE BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ADJUSTMENTS TO FINANCIAL STATEMENTS 29,246. ROUNDING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE OVERSIGHT PROCESS AND SELECTION OF THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XII, LINE 2C |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1942560 |
| IRS990/TotalAssetsEOYAmt | 0 | 1480636 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1942560 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1480636 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 1776198 |
| IRS990/TotalEmployeeCnt | 0 | 35 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 335806 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1674633 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2010439 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 2702735 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2449859 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 2702735 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2449859 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -760175 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -969223 |
| IRS990/TotalOtherCompensationAmt | 0 | 66141 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1674633 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 343915 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -4053 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1772145 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 7 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1942560 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1480636 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 349 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 7316 |
| IRS990/TravelGrp/TotalAmt | 0 | 7665 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 220 17TH AVENUE NE |
| IRS990/USAddress/CityNm | 0 | WASECA |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 56093 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.TEAM.K12.MN.US/ |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.