Civic Intelligence

Psa Building Company

990 • Fiscal year 2018 • EIN 20-5892795

Jul 01, 2017 to Jun 30, 2018 • Filed on May 13, 2019

Organization ProfileWWW.PSAK12.ORG
6200 West Broadway Avenue NorthBrooklyn Park, MN 55428

(760) 450-1388

Siviq Scores

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

Liabilities / Assets

95th percentile

1.11x

Higher debt load relative to assets than 95% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

10.79x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$172,230

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

37th percentile

-0.8%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

41st percentile

1.2%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$15,076,869

Down $122,361 (-0.8%) from 2017

Net Assets

Up

-$1,661,803

Up $169,243 (+9.2%) from 2017

Liabilities

Down

$16,738,672

Down $291,604 (-1.7%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin69th percentile

Revenue

Up

$1,550,641

Up $19,064 (+1.2%) from 2017

Expenses

Up

$1,381,398

Up $115,671 (+9.1%) from 2017

Net Income

Down

$169,243

Down $96,607 (-36%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$20M$10M$0-$10MAssets 2010: $14,955,158Liabilities 2010: $16,949,662Net Assets 2010: -$1,994,5042010Assets 2011: $14,309,223Liabilities 2011: $16,245,500Net Assets 2011: -$1,936,2772011Assets 2012: $14,040,599Liabilities 2012: $16,114,453Net Assets 2012: -$2,073,8542012Assets 2013: $13,610,326Liabilities 2013: $15,959,979Net Assets 2013: -$2,349,6532013Assets 2014: $13,343,566Liabilities 2014: $15,792,666Net Assets 2014: -$2,449,1002014Assets 2015: $14,948,887Liabilities 2015: $17,686,315Net Assets 2015: -$2,737,4282015Assets 2016: $15,343,292Liabilities 2016: $17,440,188Net Assets 2016: -$2,096,8962016Assets 2017: $15,199,230Liabilities 2017: $17,030,276Net Assets 2017: -$1,831,0462017Assets 2018: $15,076,869Liabilities 2018: $16,738,672Net Assets 2018: -$1,661,8032018Assets 2019: $14,993,809Liabilities 2019: $16,294,599Net Assets 2019: -$1,300,7902019Assets 2020: $14,767,914Liabilities 2020: $15,903,886Net Assets 2020: -$1,135,9722020Assets 2021: $14,591,336Liabilities 2021: $15,392,454Net Assets 2021: -$801,1182021Assets 2022: $14,352,754Liabilities 2022: $15,055,313Net Assets 2022: -$702,5592022Assets 2023: $14,196,677Liabilities 2023: $14,624,106Net Assets 2023: -$427,4292023Assets 2024: $15,453,512Liabilities 2024: $15,499,614Net Assets 2024: -$46,1022024

Highlighted filing

2018

Assets$15,076,869
Liabilities$16,738,672
Net Assets-$1,661,803
Open 2018 Filing

Operations Trend

Revenue Growth41st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,264,9472010Revenue 2011: $1,835,815Expenses 2011: $1,777,588Net Income 2011: $58,2272011Expenses 2012: $1,770,2892012Expenses 2013: $1,723,2272013Revenue 2014: $1,614,427Expenses 2014: $1,713,877Net Income 2014: -$99,4502014Revenue 2015: $1,582,378Expenses 2015: $1,870,706Net Income 2015: -$288,3282015Revenue 2016: $1,763,417Expenses 2016: $1,122,885Net Income 2016: $640,5322016Revenue 2017: $1,531,577Expenses 2017: $1,265,727Net Income 2017: $265,8502017Revenue 2018: $1,550,641Expenses 2018: $1,381,398Net Income 2018: $169,2432018Revenue 2019: $1,592,100Expenses 2019: $1,231,087Net Income 2019: $361,0132019Revenue 2020: $1,416,204Expenses 2020: $1,251,386Net Income 2020: $164,8182020Revenue 2021: $1,560,300Expenses 2021: $1,225,446Net Income 2021: $334,8542021Revenue 2022: $1,380,247Expenses 2022: $1,281,688Net Income 2022: $98,5592022Revenue 2023: $1,481,766Expenses 2023: $1,206,636Net Income 2023: $275,1302023Revenue 2024: $1,545,465Expenses 2024: $1,164,138Net Income 2024: $381,3272024

Highlighted filing

2018

Revenue$1,550,641
Expenses$1,381,398
Net Income$169,243
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 13, 2019
Return Version
2017v2.3
Gross Receipts
$1,550,641
Mission and Program Overview

Mission

Manage a building for lease to its beneficiary organization Prairie Seeds Academy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,225,108$10,013,938▼ $211,170
Savings and Temporary Cash Investments$2,179,584$2,562,338▲ $382,754
Cash and Non-Interest-Bearing Accounts$178,851--
Accounts Receivable$763$3,311▲ $2,548
Prepaid Expenses and Deferred Charges-$2,584-
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$177,941$-102,348▼ $280,289
Pd in Cap Srpls Land Bldg Eqp Fund$-2,008,987$-1,559,455▲ $449,532
Total Assets$15,199,230$15,076,869▼ $122,361
Other Assets Total$2,614,924$2,494,698▼ $120,226
Liabilities
Mortgage Notes Payable Secured by Investment Property$16,889,611--
Tax Exempt Bond Liabilities-$16,465,139-
Accounts Payable and Accrued Expenses$138,992$273,533▲ $134,541
Other Liabilities$1,673$0▼ $1,673
Total Liabilities$17,030,276$16,738,672▼ $291,604
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,831,046$-1,661,803▲ $169,243
Total Liabilities and Net Assets / Fund Balance$15,199,230$15,076,869▼ $122,361

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,728,938$1,766,769$10,495,707
Land$1,285,000-$1,285,000
Other Assets Org$2,494,698--
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleOtherTotal
Degune LeeBoard Chair$97,072$97,072
Jeff CulpVice Chair$63,849$63,849

Board Members and Trustees

NameTitle
Cha Ger YangChief Executive Officer
Becky BuckleySecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,530,335
Investment Income
$20,306
Other Revenue
$0
Change in Net Assets
$169,243

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,550,641
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$10,726,743
Total Revenue per Audited Statements
$12,277,384
Total Revenue per Form 990
$1,550,641
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,381,398
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
Interest$1,109,245--$1,109,245
Depreciation Depletion$211,170--$211,170
Fees for Services Other-$41,215-$41,215
Insurance$19,768--$19,768
Total Functional Expenses$1,340,183$41,215$0$1,381,398

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,030,383
Expenses Not Reported on Form 990$11,135,450
Total Expenses per Form 990$1,381,398
Expenses per Audited Statements$894,933
Expenses Not Reported on Financial Statements$486,465
Other Expense Adjustments$486,465
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Brookly Park Mn2015-05-28$17,711,172Refinance bonds issued 3/31/2009

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$17,711,172$25,556$955,000$354,223

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization's sole member is prairie seeds academy.”

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

“The sole member, prairie seeds academy, shall appoint the directors, at least two of whom shall also be members of the board of directors of prairie seeds academy. The sole member may also remove any director from office with or without cause; the sole member shall then appoint a new director to replace the director being removed.”

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

“The sole member, prairie seeds academy, has the power to alter or repeal the bylaws.”

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

“The form 990 is prepared by the school's accountant. Once the form is completed, it is given to the finance manager and ceo for review before it is signed and filed.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to annually report any potential conflicts of interest that may occur. Any potential conflicts are identified and resolved.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Psa Building Company
EIN
20-5892795
Phone
7604501388
Address
6200 WEST BROADWAY AVENUE NORTH, BROOKLYN PARK, MN 55428

Signing Officer

Name
Bao Vang
Title
Chief Executive Officer
Phone
7604501388
Signed
2019-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Degune Lee
Formed
2007
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Bergankdv Ltd
Address
3800 AMERICAN BLVD WEST SUITE 1000, MINNEAPOLIS, MN 55431-4420
Preparer
Theresa Goette
Phone
9525636800
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Prairie seeds academy revenues 10,726,743.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Prairie seeds academy expenses 10,690,450. Repayment of bond principal 445,000.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Depreciation expense 211,170. Amortization of bond discount 20,528. Amortization of deferred loss on refunding 120,226. Change in accrued interest 134,541.”

Raw XML AppendixShowing 400 of 463 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/BOYAmt0138992
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0273533
IRS990/AccountsReceivableGrp/BOYAmt0763
IRS990/AccountsReceivableGrp/EOYAmt03311
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MANAGE A BUILDING FOR LEASE TO ITS BENEFICIARY ORGANIZATION PRAIRIE SEEDS ACADEMY.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BERGANKDV
IRS990/BooksInCareOfDetail/PhoneNum06514632233
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt022488 CHIPPENDALE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055024
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0177941
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0-102348
IRS990/CashNonInterestBearingGrp/BOYAmt0178851
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt020306
IRS990/CYOtherExpensesAmt01381398
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01530335
IRS990/CYRevenuesLessExpensesAmt0169243
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01381398
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01550641
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0211170
IRS990/DepreciationDepletionGrp/TotalAmt0211170
IRS990/Desc0TO MANAGE REAL ESTATE AND A BUILDING FOR LEASE TO ITS BENEFICIARY ORGANIZATION PRAIRIE SEEDS ACADEMY, A MINNESOTA CHARTER SCHOOL. DURING THE FISCAL YEAR ENDED JUNE 30, 2018, THE ACADEMY SERVED AN AVERAGE OF 751 STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt01340183
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041215
IRS990/FeesForServicesOtherGrp/TotalAmt041215
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt014037
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt19985
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt325150
IRS990/Form990PartVIISectionAGrp/PersonNm0DEGUNE LEE
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFF CULP
IRS990/Form990PartVIISectionAGrp/PersonNm2BECKY BUCKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3CHA GER YANG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt083035
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt153864
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3147080
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY / TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01550641
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt019768
IRS990/InsuranceGrp/TotalAmt019768
IRS990/InterestGrp/ProgramServicesAmt01109245
IRS990/InterestGrp/TotalAmt01109245
IRS990/InvestmentIncomeGrp/ExclusionAmt020306
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020306
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01766769
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010225108
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010013938
IRS990/LandBldgEquipCostOrOtherBssAmt011780707
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MANAGE A BUILDING FOR LEASE TO ITS BENEFICIARY ORGANIZATION PRAIRIE SEEDS ACADEMY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt016889611
IRS990/NetAssetsOrFundBalancesBOYAmt0-1831046
IRS990/NetAssetsOrFundBalancesEOYAmt0-1661803
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02614924
IRS990/OtherAssetsTotalGrp/EOYAmt02494698
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt01673
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-2008987
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-1559455
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02584
IRS990/PrincipalOfficerNm0DEGUNE LEE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01530335
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01530335
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02748
IRS990/PYOtherExpensesAmt01265727
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01528829
IRS990/PYRevenuesLessExpensesAmt0265850
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01265727
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01531577
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0169243
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01530335
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02179584
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02562338
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/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0651216244
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0PRAIRIE SEEDS ACADEMY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08728938
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01766769
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010495707
IRS990ScheduleD/ExpensesNotReportedAmt011135450
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0486465
IRS990ScheduleD/ExpensesSubtotalAmt0894933
IRS990ScheduleD/LandGrp/BookValueAmt01285000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01285000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02494698
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED GAIN ON REFUNDED DEBT
IRS990ScheduleD/OtherExpensesIncludedAmt011135450
IRS990ScheduleD/OtherExpensesNotIncludedAmt0486465
IRS990ScheduleD/OtherRevenueAmt010726743
IRS990ScheduleD/RevenueNotReportedAmt010726743
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01550641
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PRAIRIE SEEDS ACADEMY REVENUES 10,726,743.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PRAIRIE SEEDS ACADEMY EXPENSES 10,690,450. REPAYMENT OF BOND PRINCIPAL 445,000.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION EXPENSE 211,170. AMORTIZATION OF BOND DISCOUNT 20,528. AMORTIZATION OF DEFERRED LOSS ON REFUNDING 120,226. CHANGE IN ACCRUED INTEREST 134,541.
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/TotalBookValueLandBuildingsAmt010013938
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02494698
IRS990ScheduleD/TotalExpensesPerForm990Amt01381398
IRS990ScheduleD/TotalRevenuePerForm990Amt01550641
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012277384
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012030383
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0147080
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt018109
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07041
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHA GER YANG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0172230
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0ISSUER NAME: CITY OF BROOKLY PARK, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 02/28/2017
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-05-28
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0416008804
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0114224AD0
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt017711172
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0CITY OF BROOKLY PARK MN
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REFINANCE BONDS ISSUED 3/31/2009
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt01280600
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0354223
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt025556
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt016050793
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0955000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02015
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt017711172
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S SOLE MEMBER IS PRAIRIE SEEDS ACADEMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE MEMBER, PRAIRIE SEEDS ACADEMY, SHALL APPOINT THE DIRECTORS, AT LEAST TWO OF WHOM SHALL ALSO BE MEMBERS OF THE BOARD OF DIRECTORS OF PRAIRIE SEEDS ACADEMY. THE SOLE MEMBER MAY ALSO REMOVE ANY DIRECTOR FROM OFFICE WITH OR WITHOUT CAUSE; THE SOLE MEMBER SHALL THEN APPOINT A NEW DIRECTOR TO REPLACE THE DIRECTOR BEING REMOVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE MEMBER, PRAIRIE SEEDS ACADEMY, HAS THE POWER TO ALTER OR REPEAL THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY THE SCHOOL'S ACCOUNTANT. ONCE THE FORM IS COMPLETED, IT IS GIVEN TO THE FINANCE MANAGER AND CEO FOR REVIEW BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE REQUIRED TO ANNUALLY REPORT ANY POTENTIAL CONFLICTS OF INTEREST THAT MAY OCCUR. ANY POTENTIAL CONFLICTS ARE IDENTIFIED AND RESOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PRAIRIE SEEDS ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0651216244
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATIONAL SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06200 W BROADWAY AVE N
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN PARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055428
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt016465139
IRS990/TaxExemptBondsInd01
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt015199230
IRS990/TotalAssetsEOYAmt015076869
IRS990/TotalAssetsGrp/BOYAmt015199230
IRS990/TotalAssetsGrp/EOYAmt015076869
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041215
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01340183
IRS990/TotalFunctionalExpensesGrp/TotalAmt01381398
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017030276
IRS990/TotalLiabilitiesEOYAmt016738672

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
$15,076,869
Liabilities
$16,738,672
Net assets
-$1,661,803
Revenue
$1,550,641
Expenses
$1,381,398
Net income
$169,243
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.5$15.5$0.05$1.55$1.16$0.38
2023Detailed filing. Detailed filing data is available for this year.$14.2$14.6$0.43$1.48$1.21$0.28
2022Detailed filing. Detailed filing data is available for this year.$14.4$15.1$0.70$1.38$1.28$0.10
2021Detailed filing. Detailed filing data is available for this year.$14.6$15.4$0.80$1.56$1.23$0.33
2020Detailed filing. Detailed filing data is available for this year.$14.8$15.9$1.14$1.42$1.25$0.16
2019Detailed filing. Detailed filing data is available for this year.$15.0$16.3$1.30$1.59$1.23$0.36
2018Detailed filing. Detailed filing data is available for this year.$15.1$16.7$1.66$1.55$1.38$0.17
2017Detailed filing. Detailed filing data is available for this year.$15.2$17.0$1.83$1.53$1.27$0.27
2016Detailed filing. Detailed filing data is available for this year.$15.3$17.4$2.10$1.76$1.12$0.64
2015Detailed filing. Detailed filing data is available for this year.$14.9$17.7$2.74$1.58$1.87$0.29
2014Detailed filing. Detailed filing data is available for this year.$13.3$15.8$2.45$1.61$1.71$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$16.0$2.35$1.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$16.1$2.07$1.77
2011Summary only. Only limited summary data is available for this year.$14.3$16.2$1.94$1.84$1.78$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$16.9$1.99$2.26