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
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
71st percentile
Higher top officer pay than 71% of similar nonprofits.
Top officer pay equals 5.9% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Assets
Down$1,190,863
Down $391,956 (-25%) from 2023
Net Assets
Down-$742,404
Down $3,160 (-0.4%) from 2023
Liabilities
Down$1,933,267
Down $388,796 (-17%) from 2023
Revenue
Up$1,916,045
Up $113,889 (+6.3%) from 2023
Expenses
Down$2,225,363
Down $57,142 (-2.5%) from 2023
Net Income
Up-$309,318
Up $171,031 (+36%) from 2023
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 | $288,421 | $250,458 | ▼ $37,963 |
| Rtn Earn Endowment Incm Other Fnds | $130,748 | $208,112 | ▲ $77,364 |
| Accounts Receivable | $216,939 | $157,358 | ▼ $59,581 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $97,772 | $83,277 | ▼ $14,495 |
| Land, Buildings, and Equipment, Net | $60,397 | $43,345 | ▼ $17,052 |
| Prepaid Expenses and Deferred Charges | $8,182 | $8,182 | → $0 |
| Cap Stk Tr Prin Current Funds | $-967,764 | $-1,033,793 | ▼ $66,029 |
| Total Assets | $1,582,819 | $1,190,863 | ▼ $391,956 |
| Other Assets Total | $1,008,880 | $731,520 | ▼ $277,360 |
| Liabilities | |||
| Other Liabilities | $1,676,755 | $1,501,329 | ▼ $175,426 |
| Unsecured Notes Loans Payable | $488,047 | $292,941 | ▼ $195,106 |
| Accounts Payable and Accrued Expenses | $157,261 | $138,997 | ▼ $18,264 |
| Total Liabilities | $2,322,063 | $1,933,267 | ▼ $388,796 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-739,244 | $-742,404 | ▼ $3,160 |
| Total Liabilities and Net Assets / Fund Balance | $1,582,819 | $1,190,863 | ▼ $391,956 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $43,345 | $165,504 | $208,849 |
| Other Assets Org | $297,889 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jill Courtney | Executive Director | FT | $74,157 | $38,058 | $112,215 |
| Christine Hering | Treasurer | FT | $66,965 | $7,327 | $74,292 |
| Janel Schmidt | Director | FT | $59,847 | $13,710 | $73,557 |
| Jennifer Brittain | Vice Chair | FT | $56,173 | $15,231 | $71,404 |
| Denise Gilbertson | Director | FT | $52,710 | $7,079 | $59,789 |
| Sheryl Osweiler | Director | FT | $50,755 | $5,332 | $56,087 |
| Name | Title |
|---|---|
| Jed Kalbow | Chair |
| Monika Diel | Director |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,447,647 |
| Other Expenses | $777,716 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $745,587 | $113,449 | - | $859,036 |
| Current Officers, Directors, Trustees, and Key Employees | $351,433 | - | - | $351,433 |
| Occupancy | $237,939 | - | - | $237,939 |
| Depreciation Depletion | $203,127 | - | - | $203,127 |
| Office Expenses | $128,223 | $7,691 | - | $135,914 |
| Payroll Taxes | $75,423 | $10,555 | - | $85,978 |
| Other Employee Benefits | $58,685 | $21,594 | - | $80,279 |
| Fees for Services Other | $62,514 | $15,470 | - | $77,984 |
| Pension Plan Contributions | $58,528 | $12,393 | - | $70,921 |
| Interest | $33,385 | - | - | $33,385 |
| Information Technology | $20,899 | - | - | $20,899 |
| Fees for Services Accounting | - | $15,357 | - | $15,357 |
| Insurance | $11,937 | - | - | $11,937 |
| Conferences and Meetings | $5,824 | $196 | - | $6,020 |
| Other Expenses | $5,195 | - | - | $5,195 |
| Travel | $3,342 | - | - | $3,342 |
| Total Functional Expenses | $2,028,658 | $196,705 | $0 | $2,225,363 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $2,225,363 |
| Expenses per Audited Statements | $2,022,236 |
| Total Expenses per Audited Statements | $1,995,325 |
| Expenses Not Reported on Financial Statements | $203,127 |
| Other Expense Adjustments | $203,127 |
| Expenses Not Reported on Form 990 | $-26,911 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net Pension Liability | $1,378,758 |
| Deferred Pension Inflows | $122,571 |
“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 prior to filing with the irs.”
“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.”
“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”
“Change in pension liability 84,141. Change in lease liability 188,632. Principal capital lease 33,385.”
“Change in compensated absences payable 6,474. Principal capital lease -33,385.”
“Depreciation expense 203,127.”
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 | 157261 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 138997 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 216939 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 157358 |
| 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/AllOtherContributionsAmt | 0 | 2200 |
| 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/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | -967764 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | -1033793 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 288421 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 250458 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 351433 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 351433 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 196 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 5824 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 6020 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1802812 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1484 |
| IRS990/CYOtherExpensesAmt | 0 | 777716 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 111749 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -309318 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1447647 |
| IRS990/CYTotalExpensesAmt | 0 | 2225363 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1916045 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 203127 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 203127 |
| IRS990/Desc | 0 | TEAM ACADEMY PROVIDES AN EDUCATIONAL PROGRAM TO APPROXIMATELY 100 ELEMENTARY STUDENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 35 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 2028658 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 15357 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 15357 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 15470 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 62514 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 77984 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| 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/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 15231 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 7327 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 13710 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 7079 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 5332 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 38058 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JED KALBOW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JENNIFER BRITTAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHRISTINE HERING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JANEL SCHMIDT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DENISE GILBERTSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SHERYL OSWEILER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MONIKA DIEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JILL COURTNEY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 56173 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 66965 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 59847 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 52710 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 50755 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 74157 |
| 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 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EXECUTIVE 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/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 1800612 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1916045 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 2 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 20899 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 20899 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 11937 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 11937 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 33385 |
| IRS990/InterestGrp/TotalAmt | 0 | 33385 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1484 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1484 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 165504 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 60397 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 43345 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 208849 |
| 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/MethodOfAccountingOtherInd | 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/NetAssetsOrFundBalancesBOYAmt | 0 | -739244 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -742404 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 237939 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 237939 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 7691 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 128223 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 135914 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1008880 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 731520 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 306158 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 21594 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 58685 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 80279 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS & MAINTANENCE |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES & MEMBERSHIPS |
| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 15297 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 11320 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 5195 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 15297 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 11320 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 5195 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1676755 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1501329 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 113449 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 745587 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 859036 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 10555 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 75423 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 85978 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 97772 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 83277 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 12393 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 58528 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 70921 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 8182 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 8182 |
| IRS990/PrincipalOfficerNm | 0 | JILL COURTNEY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MEDICAL ASSISTANCE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FEES FROM PATRONS |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | FOOD SERVICE REVENUE |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 109399 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1836 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 514 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 109399 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 1836 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 514 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1740182 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1948 |
| IRS990/PYOtherExpensesAmt | 0 | 778395 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 60026 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -480349 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1504110 |
| IRS990/PYTotalExpensesAmt | 0 | 2282505 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1802156 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -309318 |
| 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 |
| IRS990/RevenueAmt | 0 | 2350 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 130748 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 208112 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 43345 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 165504 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 208849 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | -26911 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 203127 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2022236 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 433631 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 297889 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DEFERRED PENSION OUTFLOWS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RIGHT-TO-USE EQUIPMENT, NET OF AMORTIZATION |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | -26911 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 203127 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 122571 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 1378758 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DEFERRED PENSION INFLOWS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | NET PENSION LIABILITY |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1916045 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | CHANGE IN COMPENSATED ABSENCES PAYABLE 6,474. PRINCIPAL CAPITAL LEASE -33,385. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | DEPRECIATION EXPENSE 203,127. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 43345 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 731520 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2225363 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1501329 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1916045 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1916045 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1995325 |
| 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 PRIOR TO FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CHANGE IN PENSION LIABILITY 84,141. CHANGE IN LEASE LIABILITY 188,632. PRINCIPAL CAPITAL LEASE 33,385. |
| 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: |
| 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 | 1582819 |
| IRS990/TotalAssetsEOYAmt | 0 | 1190863 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1582819 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1190863 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 1802812 |
| IRS990/TotalEmployeeCnt | 0 | 35 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 196705 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2028658 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2225363 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 2322063 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1933267 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 2322063 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1933267 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -739244 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -742404 |
| IRS990/TotalOtherCompensationAmt | 0 | 86737 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2028658 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 111749 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 360607 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 110883 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2350 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1916045 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 2 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1582819 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1190863 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 3342 |
| IRS990/TravelGrp/TotalAmt | 0 | 3342 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 488047 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 292941 |
| 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 | 2 |
| IRS990/WebsiteAddressTxt | 0 | WWW.TEAM.K12.MN.US/ |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.