Civic Intelligence

Srcs Building Company

990 • Fiscal year 2018 • EIN 20-1465061

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 07, 2018

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

94th percentile

1.20x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

11.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

5th percentile

-60%

Higher net margin than 5% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

25th percentile

-4.7%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

0.0%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$1,825,976

Down $89,867 (-4.7%) from 2017

Net Assets

Down

-$356,427

Down $119,908 (-51%) from 2017

Liabilities

Up

$2,182,403

Up $30,041 (+1.4%) from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin5th percentile

Revenue

Up

$198,431

Up $28 (+0.0%) from 2017

Expenses

Up

$318,339

Up $47,980 (+18%) from 2017

Net Income

Down

-$119,908

Down $47,952 (-67%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth25th 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

2018

Assets$1,825,976
Liabilities$2,182,403
Net Assets-$356,427
Open 2018 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

2018

Revenue$198,431
Expenses$318,339
Net Income-$119,908
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 7, 2018
Return Version
2017v2.3
Gross Receipts
$198,431
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$1,858,878$1,756,487▼ $102,391
Cap Stk Tr Prin Current Funds$55,206$52,501▼ $2,705
Cash and Non-Interest-Bearing Accounts$33,756$46,269▲ $12,513
Savings and Temporary Cash Investments$23,209$23,220▲ $11
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-291,725$-408,928▼ $117,203
Total Assets$1,915,843$1,825,976▼ $89,867
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,150,603$2,165,415▲ $14,812
Accounts Payable and Accrued Expenses$1,759$16,988▲ $15,229
Total Liabilities$2,152,362$2,182,403▲ $30,041
Net Assets / Fund Balance
Total Net Assets Fund Balance$-236,519$-356,427▼ $119,908
Total Liabilities and Net Assets / Fund Balance$1,915,843$1,825,976▼ $89,867

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,582,768$1,319,580$2,902,348
Land$135,523-$135,523
Equipment$38,196$23,212$61,408
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
Katie CurtisSchool Director$81,180$81,180

Board Members and Trustees

NameTitle
Matthew LindburgBoard Chair
Dan CottonMember
Rick FreeseSecretary
Andy MollTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$198,380
Investment Income
$51
Other Revenue
$0
Change in Net Assets
$-119,908

Audited Revenue Reconciliation

Revenue per Audited Statements
$198,431
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,012,972
Total Revenue per Audited Statements
$2,211,403
Total Revenue per Form 990
$198,431
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$318,339
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$147,123--$147,123
Interest$90,347--$90,347
Occupancy$23,603--$23,603
Fees for Services Accounting-$4,730-$4,730
Other Expenses$100$52,436-$100
Total Functional Expenses$261,173$57,166$0$318,339

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,384,390
Expenses Not Reported on Form 990$2,213,174
Total Expenses per Form 990$318,339
Expenses per Audited Statements$171,216
Expenses Not Reported on Financial Statements$147,123
Other Expense Adjustments$147,123
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
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 at least three members of the board of directors. 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.”

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

“The form 990 will be prepared by an independent accounting firm and will be reviewed/signed by the organization's director, katie curtis 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
Katie Curtis
Title
School Director
Phone
7632717926
Signed
2018-12-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Freese
Formed
2004
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
4
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 of affiliate reported in a separate return 2,012,972.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses of affiliate reported in a separate return 2,096,334. Capital outlay 44,732. Principal on debt 72,108.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Depreciation expense 147,123.”

Raw XML Appendix398 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/BOYAmt01759
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016988
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OPERATE AND RENT THE BUILDINGS TO SWAN RIVER MONTESSORI CHARTER SCHOOL.
IRS990/AuditCommitteeInd01
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/BOYAmt055206
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt052501
IRS990/CashNonInterestBearingGrp/BOYAmt033756
IRS990/CashNonInterestBearingGrp/EOYAmt046269
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt051
IRS990/CYOtherExpensesAmt0318339
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0198380
IRS990/CYRevenuesLessExpensesAmt0-119908
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0318339
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0198431
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0147123
IRS990/DepreciationDepletionGrp/TotalAmt0147123
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/ExpenseAmt0261173
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04730
IRS990/FeesForServicesAccountingGrp/TotalAmt04730
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/AverageHoursPerWeekRltdOrgRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt45664
IRS990/Form990PartVIISectionAGrp/PersonNm0MATTHEW LINDBURG
IRS990/Form990PartVIISectionAGrp/PersonNm1RICK FREESE
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDY MOLL
IRS990/Form990PartVIISectionAGrp/PersonNm3DAN COTTON
IRS990/Form990PartVIISectionAGrp/PersonNm4KATIE CURTIS
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/ReportableCompFromRltdOrgAmt475516
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SCHOOL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0198431
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ProgramServicesAmt090347
IRS990/InterestGrp/TotalAmt090347
IRS990/InvestmentIncomeGrp/ExclusionAmt051
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt051
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01342792
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01858878
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01756487
IRS990/LandBldgEquipCostOrOtherBssAmt03099279
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/BOYAmt02150603
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02165415
IRS990/NetAssetsOrFundBalancesBOYAmt0-236519
IRS990/NetAssetsOrFundBalancesEOYAmt0-356427
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt023603
IRS990/OccupancyGrp/TotalAmt023603
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BOND CLOSING COSTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt052436
IRS990/OtherExpensesGrp/ProgramServicesAmt0100
IRS990/OtherExpensesGrp/TotalAmt052436
IRS990/OtherExpensesGrp/TotalAmt1100
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-291725
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-408928
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICK FREESE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0198380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0198380
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt023
IRS990/PYOtherExpensesAmt0270359
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0198380
IRS990/PYRevenuesLessExpensesAmt0-71956
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0270359
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0198403
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-119908
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0198380
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023209
IRS990/SavingsAndTempCashInvstGrp/EOYAmt023220
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/SupportAmt0261173
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SWAN RIVER MONTESSORI
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0261173
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01582768
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01319580
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02902348
IRS990ScheduleD/EquipmentGrp/BookValueAmt038196
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023212
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt061408
IRS990ScheduleD/ExpensesNotReportedAmt02213174
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0147123
IRS990ScheduleD/ExpensesSubtotalAmt0171216
IRS990ScheduleD/LandGrp/BookValueAmt0135523
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0135523
IRS990ScheduleD/OtherExpensesIncludedAmt02213174
IRS990ScheduleD/OtherExpensesNotIncludedAmt0147123
IRS990ScheduleD/OtherRevenueAmt02012972
IRS990ScheduleD/RevenueNotReportedAmt02012972
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0198431
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0REVENUE OF AFFILIATE REPORTED IN A SEPARATE RETURN 2,012,972.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EXPENSES OF AFFILIATE REPORTED IN A SEPARATE RETURN 2,096,334. CAPITAL OUTLAY 44,732. PRINCIPAL ON DEBT 72,108.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION EXPENSE 147,123.
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/TotalBookValueLandBuildingsAmt01756487
IRS990ScheduleD/TotalExpensesPerForm990Amt0318339
IRS990ScheduleD/TotalRevenuePerForm990Amt0198431
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02211403
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02384390
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S SOLE MEMBER IS SWAN RIVER CHARTER SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S SOLE MEMBER APPOINTS AT LEAST THREE MEMBERS OF THE BOARD OF DIRECTORS. 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WILL BE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND WILL BE REVIEWED/SIGNED BY THE ORGANIZATION'S DIRECTOR, KATIE CURTIS 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 11B
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/TotalAssetsBOYAmt01915843
IRS990/TotalAssetsEOYAmt01825976
IRS990/TotalAssetsGrp/BOYAmt01915843
IRS990/TotalAssetsGrp/EOYAmt01825976
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057166
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0261173
IRS990/TotalFunctionalExpensesGrp/TotalAmt0318339
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02152362
IRS990/TotalLiabilitiesEOYAmt02182403
IRS990/TotalLiabilitiesGrp/BOYAmt02152362
IRS990/TotalLiabilitiesGrp/EOYAmt02182403
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-236519
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-356427
IRS990/TotalOtherCompensationAmt05664
IRS990/TotalProgramServiceExpensesAmt0261173
IRS990/TotalProgramServiceRevenueAmt0198380
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt051
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0198380
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0198431
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01915843
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01825976
IRS990/TotReportableCompRltdOrgAmt075516
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0500 MAPLE STREET
IRS990/USAddress/CityNm0MONTICELLO
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055362
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATIE CURTIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SCHOOL DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07632717926
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-12-07
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/FilingSecurityInformation/AtSubmissionCreationDeviceId08930F06402091CE01DE01F5E1C46450EDDF6C8AB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00D771BBF3F02560E9BD3ACC08D2AA3E18D02EA43
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02018-12-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:43:58
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
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DENNIS HOOGEVEEN
ReturnHeader/ReturnTs02018-12-11T09:23:14-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,825,976
Liabilities
$2,182,403
Net assets
-$356,427
Revenue
$198,431
Expenses
$318,339
Net income
-$119,908
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
2018Detailed filing. Detailed filing data is available for this year.$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. 2018 filings • 501(c)3 • $1M-$5M nonprofits