Civic Intelligence

Yinghua Academy

990 • Fiscal year 2012 • EIN 20-1523055

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 12, 2013

1616 Buchanan Street NE55413
Siviq Scores

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

Liabilities / Assets

83rd percentile

0.67x

Higher debt load relative to assets than 83% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

92nd percentile

44%

Faster asset growth than 92% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$1,501,505

Up $461,484 (+44%) from 2011

Net Assets

Down

$492,072

Down $91,111 (-16%) from 2011

Liabilities

Up

$1,009,433

Up $552,595 (+121%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,265,718

Up $677,397 (+19%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $1,040,021Liabilities 2011: $456,838Net Assets 2011: $583,1832011Assets 2012: $1,501,505Liabilities 2012: $1,009,433Net Assets 2012: $492,0722012Assets 2013: $1,109,844Liabilities 2013: $455,322Net Assets 2013: $654,5222013Assets 2014: $1,422,723Liabilities 2014: $496,306Net Assets 2014: $926,4172014Assets 2015: $2,700,165Liabilities 2015: $3,499,961Net Assets 2015: -$799,7962015Assets 2016: $4,069,569Liabilities 2016: $4,181,174Net Assets 2016: -$111,6052016Assets 2017: $11,224,467Liabilities 2017: $12,258,004Net Assets 2017: -$1,033,5372017Assets 2018: $11,271,641Liabilities 2018: $13,866,303Net Assets 2018: -$2,594,6622018Assets 2019: $9,842,116Liabilities 2019: $11,179,592Net Assets 2019: -$1,337,4762019Assets 2020: $8,116,150Liabilities 2020: $10,366,262Net Assets 2020: -$2,250,1122020Assets 2021: $6,639,142Liabilities 2021: $9,614,071Net Assets 2021: -$2,974,9292021Assets 2022: $6,729,014Liabilities 2022: $9,493,914Net Assets 2022: -$2,764,9002022Assets 2023: $6,381,707Liabilities 2023: $8,186,057Net Assets 2023: -$1,804,3502023Assets 2024: $6,203,285Liabilities 2024: $7,466,630Net Assets 2024: -$1,263,3452024

Highlighted filing

2012

Assets$1,501,505
Liabilities$1,009,433
Net Assets$492,072

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $3,588,3212011Expenses 2012: $4,265,7182012Revenue 2013: $4,974,461Expenses 2013: $4,812,011Net Income 2013: $162,4502013Revenue 2014: $5,488,856Expenses 2014: $5,216,961Net Income 2014: $271,8952014Revenue 2015: $6,971,308Expenses 2015: $6,063,203Net Income 2015: $908,1052015Revenue 2016: $8,003,207Expenses 2016: $7,315,016Net Income 2016: $688,1912016Revenue 2017: $8,986,754Expenses 2017: $9,908,686Net Income 2017: -$921,9322017Revenue 2018: $8,990,453Expenses 2018: $10,551,578Net Income 2018: -$1,561,1252018Revenue 2019: $9,485,257Expenses 2019: $9,401,286Net Income 2019: $83,9712019Revenue 2020: $9,378,478Expenses 2020: $9,662,351Net Income 2020: -$283,8732020Revenue 2021: $9,261,257Expenses 2021: $9,458,873Net Income 2021: -$197,6162021Revenue 2022: $10,037,183Expenses 2022: $9,901,229Net Income 2022: $135,9542022Revenue 2023: $10,700,019Expenses 2023: $10,317,404Net Income 2023: $382,6152023Revenue 2024: $11,363,731Expenses 2024: $11,121,817Net Income 2024: $241,9142024

Highlighted filing

2012

Revenue-
Expenses$4,265,718
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 12, 2013
Return Version
2011v1.2
Gross Receipts
$4,174,607
Mission and Program Overview

Mission

SEE PART I, LINE 1

Major Activities

Activity 2
Flap grant:the foreign language assistant program grant (flap) is administered through the u.s. Department of education. This grant was awarded to help yinghua academy establish a middle school program, establish a sister-school relationship, and provide teacher training and professional development through action research. The flap grant supports a two-track chinese immersion and chinese as a foreign language middle school program through curriculum development, establishing a sister-school in china, collecting and evaluating student chinese oral language and literacy assessments, supporting teacher action research projects, and collaborating with other k-12 schools teaching mandarin chinese. This is the third year of a three year grant initiative.
Activity 3
Startalk grants:the federal national security agency (nsa) startalk grants are for chinese language summer programming. The 2010-2011 startalk program provided summer camps for kindergarten through seventh grade students to learn the chinese language and culture through math and science-based content. This grant also included teacher professional development in the fall to attend conferences and nsa workshops, as well as a subscription to the science museum lending library for stem. The 2011-2012 startalk grant provided support for research as well as trained employees in several areas of professional development.
Filing and Contact Details

Filer

EIN
20-1523055
Raw XML AppendixShowing 400 of 471 raw XML fields

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IRS990/Activity2/Description0FLAP GRANT:THE FOREIGN LANGUAGE ASSISTANT PROGRAM GRANT (FLAP) IS ADMINISTERED THROUGH THE U.S. DEPARTMENT OF EDUCATION. THIS GRANT WAS AWARDED TO HELP YINGHUA ACADEMY ESTABLISH A MIDDLE SCHOOL PROGRAM, ESTABLISH A SISTER-SCHOOL RELATIONSHIP, AND PROVIDE TEACHER TRAINING AND PROFESSIONAL DEVELOPMENT THROUGH ACTION RESEARCH. THE FLAP GRANT SUPPORTS A TWO-TRACK CHINESE IMMERSION AND CHINESE AS A FOREIGN LANGUAGE MIDDLE SCHOOL PROGRAM THROUGH CURRICULUM DEVELOPMENT, ESTABLISHING A SISTER-SCHOOL IN CHINA, COLLECTING AND EVALUATING STUDENT CHINESE ORAL LANGUAGE AND LITERACY ASSESSMENTS, SUPPORTING TEACHER ACTION RESEARCH PROJECTS, AND COLLABORATING WITH OTHER K-12 SCHOOLS TEACHING MANDARIN CHINESE. THIS IS THE THIRD YEAR OF A THREE YEAR GRANT INITIATIVE.
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IRS990/ActivityOrMissionDescription0THE MISSION OF YINGHUA ACADEMY IS TO PREPARE OUR STUDENTS TO BE ENGAGED AND PRODUCTIVE GLOBAL CITIZENS BY PROVIDING A RESEARCH-BASED EDUCATIONAL PROGRAM THAT INCLUDES A RIGOROUS ACADEMIC PROGRAM, IMMERSION IN CHINESE LANGUAGE AND CULTURE, AND A NURTURING AND SUPPORTIVE SCHOOL ENVIRONMENT.
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IRS990ScheduleE/ComplianceWithRevProc755001
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IRS990ScheduleE/DiscriminateRaceAthleticProg00
IRS990ScheduleE/DiscriminateRaceEducPolicies00
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty00
IRS990ScheduleE/DiscriminateRaceOtherActy00
IRS990ScheduleE/DiscriminateRaceScholarships00
IRS990ScheduleE/DiscriminateRaceStudentsRights00
IRS990ScheduleE/DiscriminateRaceUseOfFclts00
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE POLICY IS COMMUNICATED THROUGH THE MATERIALS MAILED TO FAMILIES WITH SCHOOL-AGED CHILDREN.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1SCHEDULE E, PART I, LINE 6
IRS990ScheduleE/GovernmentFinancialAidReceived01
IRS990ScheduleE/GovernmentFinancialAidRevoked00
IRS990ScheduleE/MaintCopiesOfAllSolicitations01
IRS990ScheduleE/MaintCopiesOfBrochuresEtc01
IRS990ScheduleE/MaintRacialCompositionRecords01
IRS990ScheduleE/MaintScholarshipsRecords01
IRS990ScheduleE/NondiscriminatoryPolicyStmt01
IRS990ScheduleE/PolicyPublViaBroadcastMedia01
IRS990ScheduleE/PolicyStatementInBrochuresEtc01
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0EACH PARENT, TEACHER AND STAFF PERSON OF THE SCHOOL HAS ONE VOTE TO ELECT SCHOOL BOARD MEMBERS. VOTING MEMBERS ARE GIVEN ONE BALLOT EACH THAT IS RETURNED IN A SEALED ENVELOPE WITH THE PERSON'S NAME PRINTED AND SIGNED ACROSS THE SEAL. VOTES MUST BE SUBMITTED WITHIN THE ALLOTTED VOTING TIME FRAME. PRIOR TO COUNTING THE VOTES, THE SEALED ENVELOPES ARE VERIFIED AS THE CORRECT PERSON'S. THE ENVELOPES ARE THEN SEPARATED FROM THE BALLOTS AND THE BALLOTS ARE COUNTED.
IRS990ScheduleO/GeneralExplanation/Explanation1THE BOARD OF DIRECTORS REVIEWS THE THE FORM 990 AS PREPARED BY THE ORGANIZATION'S AUDITOR PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation2YINGHUA BOARD MEMBERS SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT EACH YEAR (NEW AND INCOMING). THE STATEMENTS ARE PROVIDED TO YINGHUA'S AUTHORIZER, FRIENDS OF EDUCATION, FOR REVIEW. ANY CONCERNS ARE VETTED BACK WITH THE YINGHUA BOARD. CORRECTIVE ACTIONS COULD INCLUDE MEMBERS RECUSING THEMSELVES FROM DISCUSSION OR VOTING WHEN THERE IS A PERCEIVED CONFLICT OF INTEREST UP TO A BOARD MEMBER RESIGNING.
IRS990ScheduleO/GeneralExplanation/Explanation3COMPARABLE SALARIES FOR CHARTER SCHOOL EXECUTIVE DIRECTORS ARE REVIEWED BY THE BOARD. ADDITIONALLY, THE EXECUTIVE DIRECTOR IS SCORED BY RUBRIC IN ORDER TO DETERMINE COMPENSATION INCREASES.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5PER MN STATUTE 124D.10, CHARTER SCHOOLS ARE REQUIRED TO HAVE LICENSED TEACHERS AS MEMBERS OF THE BOARD OF DIRECTORS. RUTH HANSEN IS A BOARD MEMBER, BUT RECEIVED COMPANSATION FOR HER SERVICES AS A TEACHER.
IRS990ScheduleO/GeneralExplanation/Identifier0RELATED BOARD MEMBERS
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5PART VII SECTION A
IRS990/ScheduleORequired01
IRS990/School01
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0MN
IRS990/StatesWhereCopyOfReturnIsFiled0MN
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1022488 CHIPPENDALE AVENUE
IRS990/TheBooksAreInCareOf/AddressUS/City0FARMINGTON
IRS990/TheBooksAreInCareOf/AddressUS/State0MN
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode055024
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10NICHOLE SCHMIDT
IRS990/TheBooksAreInCareOf/TelephoneNumber06514632233
IRS990/TotalAssets/BOY01040021
IRS990/TotalAssetsBOY01040021
IRS990/TotalAssets/EOY01501505
IRS990/TotalAssetsEOY01501505
IRS990/TotalCompGT150K00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$7.47$1.26$11.4$11.1$0.24
2023Summary only. Only limited summary data is available for this year.$6.38$8.19$1.80$10.7$10.3$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.73$9.49$2.76$10.0$9.90$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$9.61$2.97$9.26$9.46$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.12$10.4$2.25$9.38$9.66$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.84$11.2$1.34$9.49$9.40$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$13.9$2.59$8.99$10.6$1.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$12.3$1.03$8.99$9.91$0.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.07$4.18$0.11$8.00$7.32$0.69
2015Detailed filing. Detailed filing data is available for this year.$2.70$3.50$0.80$6.97$6.06$0.91
2014Detailed filing. Detailed filing data is available for this year.$1.42$0.50$0.93$5.49$5.22$0.27
2013Summary only. Only limited summary data is available for this year.$1.11$0.46$0.65$4.97$4.81$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$1.01$0.49$4.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.46$0.58$3.59
Peer Organizations

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