Civic Intelligence

Srcs Building Company

990 • Fiscal year 2015 • EIN 20-1465061

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 22, 2016

Organization ProfileN/A
500 Maple StreetMonticello, MN 55362

(763) 271-7926

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.05x

Higher debt load relative to assets than 92% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

12.16x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

9th percentile

-33%

Higher net margin than 9% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

91st percentile

48%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

39th percentile

-0.1%

Faster revenue growth than 39% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$2,106,027

Up $682,210 (+48%) from 2014

Net Assets

Down

-$111,920

Down $60,407 (-117%) from 2014

Liabilities

Up

$2,217,947

Up $742,617 (+50%) from 2014

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin9th percentile

Revenue

Down

$182,422

Down $231 (-0.1%) from 2014

Expenses

Up

$242,829

Up $57,029 (+31%) from 2014

Net Income

Down

-$60,407

Down $57,260 (-1820%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,567,988Liabilities 2011: $1,595,467Net Assets 2011: -$27,4792011Assets 2012: $1,591,248Liabilities 2012: $1,561,646Net Assets 2012: $29,6022012Assets 2013: $1,553,811Liabilities 2013: $1,519,460Net Assets 2013: $34,3512013Assets 2014: $1,423,817Liabilities 2014: $1,475,330Net Assets 2014: -$51,5132014Assets 2015: $2,106,027Liabilities 2015: $2,217,947Net Assets 2015: -$111,9202015Assets 2016: $2,052,769Liabilities 2016: $2,217,332Net Assets 2016: -$164,5632016Assets 2017: $1,915,843Liabilities 2017: $2,152,362Net Assets 2017: -$236,5192017Assets 2018: $1,825,976Liabilities 2018: $2,182,403Net Assets 2018: -$356,4272018Assets 2019: $1,701,242Liabilities 2019: $2,104,334Net Assets 2019: -$403,0922019Assets 2020: $1,553,765Liabilities 2020: $2,006,887Net Assets 2020: -$453,1222020Assets 2021: $1,430,627Liabilities 2021: $1,929,958Net Assets 2021: -$499,3312021Assets 2022: $1,320,761Liabilities 2022: $1,834,964Net Assets 2022: -$514,2032022Assets 2023: $1,092,831Liabilities 2023: $1,744,470Net Assets 2023: -$651,6392023Assets 2024: $1,041,730Liabilities 2024: $1,650,100Net Assets 2024: -$608,3702024

Highlighted filing

2015

Assets$2,106,027
Liabilities$2,217,947
Net Assets-$111,920
Open 2015 Filing

Operations Trend

Revenue Growth39th percentile

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

$400K$200K$0-$200KExpenses 2011: $232,7472011Expenses 2012: $208,0012012Revenue 2013: $182,366Expenses 2013: $177,617Net Income 2013: $4,7492013Revenue 2014: $182,653Expenses 2014: $185,800Net Income 2014: -$3,1472014Revenue 2015: $182,422Expenses 2015: $242,829Net Income 2015: -$60,4072015Revenue 2016: $195,749Expenses 2016: $248,392Net Income 2016: -$52,6432016Revenue 2017: $198,403Expenses 2017: $270,359Net Income 2017: -$71,9562017Revenue 2018: $198,431Expenses 2018: $318,339Net Income 2018: -$119,9082018Revenue 2019: $198,449Expenses 2019: $245,114Net Income 2019: -$46,6652019Revenue 2020: $198,494Expenses 2020: $248,523Net Income 2020: -$50,0292020Revenue 2021: $198,554Expenses 2021: $244,763Net Income 2021: -$46,2092021Revenue 2022: $220,517Expenses 2022: $235,390Net Income 2022: -$14,8732022Revenue 2023: $198,837Expenses 2023: $336,273Net Income 2023: -$137,4362023Revenue 2024: $200,382Expenses 2024: $157,113Net Income 2024: $43,2692024

Highlighted filing

2015

Revenue$182,422
Expenses$242,829
Net Income-$60,407
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 22, 2016
Return Version
2014v6.0
Gross Receipts
$182,422
Mission and Program Overview

Mission

To acquire, improve, construct and own the site that is leased to swan river montessori charter school.

To operate and rent the buildings to swan river montessori charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,380,729$2,056,196▲ $675,467
Cap Stk Tr Prin Current Funds$39,613$49,826▲ $10,213
Savings and Temporary Cash Investments$9,567$32,639▲ $23,072
Cash and Non-Interest-Bearing Accounts$30,046$17,192▼ $12,854
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-91,126$-161,746▼ $70,620
Total Assets$1,423,817$2,106,027▲ $682,210
Other Assets Total$3,475$0▼ $3,475
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,475,330$2,213,197▲ $737,867
Accounts Payable and Accrued Expenses$0$4,750▲ $4,750
Total Liabilities$1,475,330$2,217,947▲ $742,617
Net Assets / Fund Balance
Total Net Assets Fund Balance$-51,513$-111,920▼ $60,407
Total Liabilities and Net Assets / Fund Balance$1,423,817$2,106,027▲ $682,210

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,068,924$911,915$1,980,839
Other Land Buildings$804,182-$804,182
Land$135,523-$135,523
Equipment$47,567$13,841$61,408
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Jack ZimneyBoard Chair
Eric ChlanMember
Matthew LindburgMember
Rick FreeseSecretary
Andy MollTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cleary Building CorporationFacility ConstructionPO BOX 930220, Verona, WI 53593$602,098
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$182,350
Investment Income
$72
Other Revenue
$0
Change in Net Assets
$-60,407

Audited Revenue Reconciliation

Revenue per Audited Statements
$182,422
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,810,648
Total Revenue per Audited Statements
$1,993,070
Total Revenue per Form 990
$182,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$242,829
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$133,620--$133,620
Interest$89,737--$89,737
Occupancy$12,591--$12,591
Fees for Services Accounting-$3,925-$3,925
Fees for Services Legal-$1,020-$1,020
Other Expenses$151--$151
Total Functional Expenses$237,884$4,945$0$242,829

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,932,742
Expenses Not Reported on Form 990$2,796,391
Total Expenses per Form 990$242,829
Expenses per Audited Statements$136,351
Expenses Not Reported on Financial Statements$106,478
Other Expense Adjustments$106,478
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization's sole member is swan river charter school.”

Form 990, Part VI, Section A, Line 7A

“The organization's sole member appoints three members of the board of directors, at least two of whom will be members of the board of directors of the sole member. The sole member may fill vacancies of the board by appointment.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have any committees with authority to act on behalf of the governing body. If the organization finds itself in a position that this changes, they will document the meetings held and written actions undertaken by any such committee.”

Form 990, Part VI, Section B, Line 11

“The form 990 will be prepared by an independent accounting firm and will be reviewed by the board chair prior to filing. The 990 will be available for all board members upon filing.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request in the swan river charter school office. The organization does not have a conflict of interest policy.”

Filing and Contact Details

Filer

Filer Name
Srcs Building Company
EIN
20-1465061
Phone
7632717926
Address
500 MAPLE STREET, MONTICELLO, MN 55362

Signing Officer

Name
Jack Zimney
Title
Board Chair
Phone
7632717926
Signed
2016-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack Zimney
Formed
2004
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Dennis Hoogeveen
Phone
6123764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1: EXPLANATION FOR METHOD OF ACCOUNTING

“The organization follows a modified accrual method of accounting as prescribed by the minnesota department of education. The organization's financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Revenue not reported from school 1,810,648.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses not reported from school 1,844,288. Capital outlay 778,470. Principal on debt 173,633.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Depreciation expense 101,218. Captialized expenditures 1,785. Bond issuance costs 3,475.”

Raw XML AppendixShowing 400 of 406 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/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04750
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OPERATE AND RENT THE BUILDINGS TO SWAN RIVER MONTESSORI CHARTER SCHOOL.
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SWAN RIVER MONTESSORI CHARTER SCHOOL
IRS990/BooksInCareOfDetail/PhoneNum07632717926
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 MAPLE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MONTICELLO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055362
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt039613
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt049826
IRS990/CashNonInterestBearingGrp/BOYAmt030046
IRS990/CashNonInterestBearingGrp/EOYAmt017192
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0602098
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 930220
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0VERONA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd053593
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0CLEARY BUILDING CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0FACILITY CONSTRUCTION
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt072
IRS990/CYOtherExpensesAmt0242829
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0182350
IRS990/CYRevenuesLessExpensesAmt0-60407
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0242829
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0182422
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0133620
IRS990/DepreciationDepletionGrp/TotalAmt0133620
IRS990/Desc0SWAN RIVER MONTESSORI BUILDING COMPANY WAS ESTABLISHED TO ACQUIRE, IMPROVE, CONSTRUCT, AND OWN THE SITE THAT IS LEASED TO SWAN RIVER MONTESSORI CHARTER SCHOOL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0237884
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03925
IRS990/FeesForServicesAccountingGrp/TotalAmt03925
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01020
IRS990/FeesForServicesLegalGrp/TotalAmt01020
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JACK ZIMNEY
IRS990/Form990PartVIISectionAGrp/PersonNm1RICK FREESE
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDY MOLL
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIC CHLAN
IRS990/Form990PartVIISectionAGrp/PersonNm4MATTHEW LINDBURG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0182422
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ProgramServicesAmt089737
IRS990/InterestGrp/TotalAmt089737
IRS990/InvestmentIncomeGrp/ExclusionAmt072
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt072
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0925756
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01380729
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02056196
IRS990/LandBldgEquipCostOrOtherBssAmt02981952
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ACQUIRE, IMPROVE, CONSTRUCT AND OWN THE SITE THAT IS LEASED TO SWAN RIVER MONTESSORI CHARTER SCHOOL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01475330
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02213197
IRS990/NetAssetsOrFundBalancesBOYAmt0-51513
IRS990/NetAssetsOrFundBalancesEOYAmt0-111920
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012591
IRS990/OccupancyGrp/TotalAmt012591
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03475
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CAPITAL EXPENDITURES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt01785
IRS990/OtherExpensesGrp/ProgramServicesAmt1151
IRS990/OtherExpensesGrp/TotalAmt01785
IRS990/OtherExpensesGrp/TotalAmt1151
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-91126
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-161746
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JACK ZIMNEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0182350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0182350
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt0185800
IRS990/PYOtherRevenueAmt0288
IRS990/PYProgramServiceRevenueAmt0182350
IRS990/PYRevenuesLessExpensesAmt0-3147
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0185800
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0182653
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-60407
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0182350
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09567
IRS990/SavingsAndTempCashInvstGrp/EOYAmt032639
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0201452996
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0237884
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SWAN RIVER MONTESSORI
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0237884
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01068924
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0911915
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01980839
IRS990ScheduleD/EquipmentGrp/BookValueAmt047567
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013841
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt061408
IRS990ScheduleD/ExpensesNotReportedAmt02796391
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0106478
IRS990ScheduleD/ExpensesSubtotalAmt0136351
IRS990ScheduleD/LandGrp/BookValueAmt0135523
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0135523
IRS990ScheduleD/OtherExpensesIncludedAmt02796391
IRS990ScheduleD/OtherExpensesNotIncludedAmt0106478
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0804182
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0804182
IRS990ScheduleD/OtherRevenueAmt01810648
IRS990ScheduleD/RevenueNotReportedAmt01810648
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0182422
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0REVENUE NOT REPORTED FROM SCHOOL 1,810,648.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXPENSES NOT REPORTED FROM SCHOOL 1,844,288. CAPITAL OUTLAY 778,470. PRINCIPAL ON DEBT 173,633.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION EXPENSE 101,218. CAPTIALIZED EXPENDITURES 1,785. BOND ISSUANCE COSTS 3,475.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02056196
IRS990ScheduleD/TotalExpensesPerForm990Amt0242829
IRS990ScheduleD/TotalRevenuePerForm990Amt0182422
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01993070
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02932742
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S SOLE MEMBER IS SWAN RIVER CHARTER SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S SOLE MEMBER APPOINTS THREE MEMBERS OF THE BOARD OF DIRECTORS, AT LEAST TWO OF WHOM WILL BE MEMBERS OF THE BOARD OF DIRECTORS OF THE SOLE MEMBER. THE SOLE MEMBER MAY FILL VACANCIES OF THE BOARD BY APPOINTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. IF THE ORGANIZATION FINDS ITSELF IN A POSITION THAT THIS CHANGES, THEY WILL DOCUMENT THE MEETINGS HELD AND WRITTEN ACTIONS UNDERTAKEN BY ANY SUCH COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WILL BE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND WILL BE REVIEWED BY THE BOARD CHAIR PRIOR TO FILING. THE 990 WILL BE AVAILABLE FOR ALL BOARD MEMBERS UPON FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE SWAN RIVER CHARTER SCHOOL OFFICE. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 1: EXPLANATION FOR METHOD OF ACCOUNTING
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SWAN RIVER MONTESSORI CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0201452996
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0500 MAPLE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MONTICELLO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055362
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01423817
IRS990/TotalAssetsEOYAmt02106027
IRS990/TotalAssetsGrp/BOYAmt01423817
IRS990/TotalAssetsGrp/EOYAmt02106027
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04945
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0237884
IRS990/TotalFunctionalExpensesGrp/TotalAmt0242829
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01475330
IRS990/TotalLiabilitiesEOYAmt02217947
IRS990/TotalLiabilitiesGrp/BOYAmt01475330
IRS990/TotalLiabilitiesGrp/EOYAmt02217947
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-51513
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-111920
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0237884
IRS990/TotalProgramServiceRevenueAmt0182350
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt072
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0182350
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0182422
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01423817
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02106027
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0500 MAPLE STREET
IRS990/USAddress/CityNm0MONTICELLO
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055362
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JACK ZIMNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07632717926
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SRCS BUILDING COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0SRCS
ReturnHeader/Filer/EIN0201465061
ReturnHeader/Filer/PhoneNum07632717926
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 MAPLE STREET
ReturnHeader/Filer/USAddress/CityNm0MONTICELLO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055362
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 SOUTH SIXTH STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055402
ReturnHeader/PreparerPersonGrp/PhoneNum06123764500

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,106,027
Liabilities
$2,217,947
Net assets
-$111,920
Revenue
$182,422
Expenses
$242,829
Net income
-$60,407
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$1.65$0.61$0.20$0.16$0.04
2023Summary only. Only limited summary data is available for this year.$1.09$1.74$0.65$0.20$0.34$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$1.83$0.51$0.22$0.24$0.01
2021Summary only. Only limited summary data is available for this year.$1.43$1.93$0.50$0.20$0.24$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$2.01$0.45$0.20$0.25$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$2.10$0.40$0.20$0.25$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$2.18$0.36$0.20$0.32$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$2.15$0.24$0.20$0.27$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$2.22$0.16$0.20$0.25$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.11$2.22$0.11$0.18$0.24$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.42$1.48$0.05$0.18$0.19$0.00
2013Summary only. Only limited summary data is available for this year.$1.55$1.52$0.03$0.18$0.18$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$1.56$0.03$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$1.60$0.03$0.23
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits