Civic Intelligence

Aspen Academy

990 • Fiscal year 2021 • EIN 26-1305369

Jul 01, 2020 to Jun 30, 2021 • Filed on May 04, 2022

Organization ProfileWWW.ASPENACADEMYMN.ORG
14825 Zinran AvenueSavage, MN 55378

(952) 226-5940

Siviq Scores

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

Liabilities / Assets

98th percentile

1.59x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.80x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

27th percentile

1.5%

Higher net margin than 27% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

58th percentile

$136,301

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

4th percentile

-16%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

19%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$3,938,635

Down $745,567 (-16%) from 2020

Net Assets

Down

-$2,342,979

Down $163,738 (-7.5%) from 2020

Liabilities

Down

$6,281,614

Down $581,829 (-8.5%) from 2020

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin27th percentile

Revenue

Up

$7,812,617

Up $1,252,336 (+19%) from 2020

Expenses

Up

$7,694,926

Up $1,212,318 (+19%) from 2020

Net Income

Up

$117,691

Up $40,018 (+52%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $1,107,834Liabilities 2011: $100,577Net Assets 2011: $1,007,2572011Assets 2012: $1,478,170Liabilities 2012: $169,939Net Assets 2012: $1,308,2312012Assets 2013: $1,841,375Liabilities 2013: $207,646Net Assets 2013: $1,633,7292013Assets 2014: $2,123,097Liabilities 2014: $230,158Net Assets 2014: $1,892,9392014Assets 2015: $3,089,028Liabilities 2015: $2,712,353Net Assets 2015: $376,6752015Assets 2016: $3,125,519Liabilities 2016: $2,988,638Net Assets 2016: $136,8812016Assets 2017: $8,254,870Liabilities 2017: $9,488,422Net Assets 2017: -$1,233,5522017Assets 2018: $6,884,387Liabilities 2018: $9,440,415Net Assets 2018: -$2,556,0282018Assets 2019: $5,685,013Liabilities 2019: $7,562,770Net Assets 2019: -$1,877,7572019Assets 2020: $4,684,202Liabilities 2020: $6,863,443Net Assets 2020: -$2,179,2412020Assets 2021: $3,938,635Liabilities 2021: $6,281,614Net Assets 2021: -$2,342,9792021Assets 2022: $4,071,850Liabilities 2022: $6,244,040Net Assets 2022: -$2,172,1902022Assets 2023: $4,495,976Liabilities 2023: $5,820,968Net Assets 2023: -$1,324,9922023Assets 2024: $4,114,520Liabilities 2024: $5,103,120Net Assets 2024: -$988,6002024

Highlighted filing

2021

Assets$3,938,635
Liabilities$6,281,614
Net Assets-$2,342,979
Open 2021 Filing

Operations Trend

Revenue Growth59th percentile

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

$10M$5.0M$0-$5.0MExpenses 2011: $1,711,1532011Expenses 2012: $2,309,9862012Expenses 2013: $3,244,4712013Revenue 2014: $4,482,692Expenses 2014: $4,223,482Net Income 2014: $259,2102014Revenue 2015: $5,004,836Expenses 2015: $4,803,413Net Income 2015: $201,4232015Revenue 2016: $4,942,545Expenses 2016: $5,182,339Net Income 2016: -$239,7942016Revenue 2017: $5,254,706Expenses 2017: $6,625,139Net Income 2017: -$1,370,4332017Revenue 2018: $5,522,134Expenses 2018: $6,844,610Net Income 2018: -$1,322,4762018Revenue 2019: $6,246,712Expenses 2019: $6,478,352Net Income 2019: -$231,6402019Revenue 2020: $6,560,281Expenses 2020: $6,482,608Net Income 2020: $77,6732020Revenue 2021: $7,812,617Expenses 2021: $7,694,926Net Income 2021: $117,6912021Revenue 2022: $8,026,895Expenses 2022: $7,986,795Net Income 2022: $40,1002022Revenue 2023: $7,906,430Expenses 2023: $7,639,776Net Income 2023: $266,6542023Revenue 2024: $8,481,380Expenses 2024: $8,319,746Net Income 2024: $161,6342024

Highlighted filing

2021

Revenue$7,812,617
Expenses$7,694,926
Net Income$117,691
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 4, 2022
Return Version
2020v4.2
Gross Receipts
$7,812,617
Mission and Program Overview

Mission

SEE PAGE 1, LINE 1.

To provide students with a well-rounded and core knowledge-based education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$727,684$1,007,989▲ $280,305
Savings and Temporary Cash Investments$378,315$772,793▲ $394,478
Land, Buildings, and Equipment, Net$327,598$284,744▼ $42,854
Pd in Cap Srpls Land Bldg Eqp Fund$327,598$284,744▼ $42,854
Cash and Non-Interest-Bearing Accounts$232,156$194,644▼ $37,512
Prepaid Expenses and Deferred Charges$22,883$47,700▲ $24,817
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-2,506,839$-2,627,723▼ $120,884
Total Assets$4,684,202$3,938,635▼ $745,567
Other Assets Total$2,995,566$1,630,765▼ $1,364,801
Liabilities
Other Liabilities$6,410,698$5,824,441▼ $586,257
Accounts Payable and Accrued Expenses$452,745$457,173▲ $4,428
Total Liabilities$6,863,443$6,281,614▼ $581,829
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,179,241$-2,342,979▼ $163,738
Total Liabilities and Net Assets / Fund Balance$4,684,202$3,938,635▼ $745,567

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$284,744$411,022$695,766
Other Assets Org$1,630,765--
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melanie JiskraInterim Executive DirectorFT$118,917$17,384$136,301
Brandy MosserMember/teacherFT$56,337$15,596$71,933
Diane SternaFormer Member/teacherFT$56,596$11,531$68,127
Stephanie SmitleySecretary/teacherPT$27,516$5,233$32,749
Stephanie PetersonFormer Member/teacherFT$23,811$6,468$30,279

Board Members and Trustees

NameTitle
Michael FauliseChair
Misty SchutropVice Chair
Andrew PetrenkoMember
Andrew PriceMember
April SchaferMember
Rob AllisonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Prior Lake School Bus AssociationTransportation5823 GRANITE COURT, Prior Lake, MN 55372$151,176
Revenue and Support

Revenue Composition

Contributions and Grants
$7,724,656
Program Service Revenue
$58,143
Investment Income
$1
Other Revenue
$29,817
All Other Contributions
$62,589
Change in Net Assets
$117,691

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,812,617
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,895,993
Total Revenue per Audited Statements
$9,708,610
Total Revenue per Form 990
$7,812,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,991,404
Other Expenses$3,703,522
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,652,900$317,574-$2,970,474
Occupancy$1,962,303$17,929-$1,980,232
Fees for Services Other$553,246$72,473-$625,719
Information Technology$273,771$61,741-$335,512
Pension Plan Contributions$221,046$23,182-$244,228
Payroll Taxes$201,835$35,682-$237,517
Other Employee Benefits$193,926$34,396-$228,322
Current Officers, Directors, Trustees, and Key Employees$85,678$124,159-$209,837
Fees for Services Accounting-$105,932-$105,932
Comp Disqual Persons$101,026--$101,026
Office Expenses$48,958$28,422-$77,380
All Other Expenses$12,687$40,856-$53,543
Depreciation Depletion$40,977$6,072-$47,049
Other Expenses$38,012$6,545-$44,557
Fees for Services Legal-$33,532-$33,532
Insurance$24,535--$24,535
Conferences and Meetings$23,686$36-$23,722
Total Functional Expenses$6,786,395$908,531$0$7,694,926

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,562,960
Expenses per Audited Statements$7,694,926
Total Expenses per Form 990$7,694,926
Expenses Not Reported on Form 990$1,868,034
Expenses Not Reported on Financial Statements$0
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

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$3,373,849
Deferred Inflows of Resources Related to Pensions$2,450,592
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 7A

“The board of directors are nominated and voted on by parents, guardians and employees.”

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

“The form 990 is prepared by an independent cpa firm and reviewed by the finance committee. A copy is provided to the board of directors for review prior to filing with the irs.”

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

“The conflict of interest policy covers all board members. The determination as to whether a conflict of interest exists is to be made by the school board. Any school board member who has an actual or potential conflict shall notify the school board of such conflict immediately. The school board member shall thereafter cooperate with the school board as necessary for the school board to make its determination. When a conflict of interest exists with a bank or savings association, the conflicted board member must disclose their interest and the interest must be documented in the minutes. When a conflict of interest exists relating to a contract for which competitive bids are not required by law, the school board member must file an affidavit containing the member's interest and the contract terms with the school board clerk, and the school board must authorize the contract in advance of its performance determining that the price is appropriate. The school board must unanimously approve interested contracts when they relate to banks/savings associations, the designation of an official newspaper, or publication of official matters, contracts with a cooperative association of which the member is a shareholder but not a manager or officer, contracts for which competitive bids are not required by law, contracts to rent space in a public facility to the school. The school board must approve insterested contracts by a majority when all members are present.”

Form 990, Part VI, Section B, Line 15

“The board reviews the executive director's performance and uses market rate analysis to determine the compensation. The executive director uses the starting pay scale based on number of years of experience in the classroom to determine the school teachers' compensation.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Aspen Academy
EIN
26-1305369
Phone
9522265940
Address
14825 ZINRAN AVENUE, SAVAGE, MN 55378

Signing Officer

Name
Melanie Jiskra
Title
Interim Executive Director
Phone
9522265940
Signed
2022-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Misty Schutrop
Formed
2007
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
6
Employees
93
Volunteers
25

Preparer

Firm
Bergankdv Ltd
Address
12100 MEREDITH DR SUITE 200, URBANDALE, IA 50323
Preparer
Kathleen New CPA
Phone
5157275700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Gasb 68 - pension adjustment -281,429.”

FORM 990, PART XII, LINE 2C:

“The finance committee is responsible for the selection of an independent accountant and the oversight of the financial statement audit.”

Financial Statement Notes

PART X, LINE 2:

“The academy is exempt from income taxes under section 501(c)(3) of the internal revenue code (irc). The academy is also exempt from minnesota franchise or income tax. The academy is required to assess whether an uncertain tax position exists and if there should be recognition of a related benefit or liability in the financial statements. The academy has determined there are not amounts to record as assets or liabilities related to uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Friends of aspen academy revenue 1,889,113. Gasb 68 adj 6,880.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Gasb 68 adj 288,309. Friends of aspen academy expenses 1,579,725.”

Raw XML AppendixShowing 400 of 568 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/BOYAmt0452745
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0457173
IRS990/AccountsReceivableGrp/BOYAmt0727684
IRS990/AccountsReceivableGrp/EOYAmt01007989
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE STUDENTS WITH A WELL-ROUNDED AND CORE KNOWLEDGE-BASED EDUCATION.
IRS990/AllOtherContributionsAmt062589
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt040856
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012687
IRS990/AllOtherExpensesGrp/TotalAmt053543
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ANTON GROUP
IRS990/BooksInCareOfDetail/PhoneNum06512943508
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01335 PIERCE BUTLER ROUTE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ST PAUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055104
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0-2506839
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0-2627723
IRS990/CashNonInterestBearingGrp/BOYAmt0232156
IRS990/CashNonInterestBearingGrp/EOYAmt0194644
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0124159
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt085678
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0209837
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt0101026
IRS990/CompDisqualPersonsGrp/TotalAmt0101026
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt036
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt023686
IRS990/ConferencesMeetingsGrp/TotalAmt023722
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0151176
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt05823 GRANITE COURT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PRIOR LAKE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055372
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PRIOR LAKE SCHOOL BUS ASSOCIATION
IRS990/ContractorCompensationGrp/ServicesDesc0TRANSPORTATION
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07724656
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01
IRS990/CYOtherExpensesAmt03703522
IRS990/CYOtherRevenueAmt029817
IRS990/CYProgramServiceRevenueAmt058143
IRS990/CYRevenuesLessExpensesAmt0117691
IRS990/CYSalariesCompEmpBnftPaidAmt03991404
IRS990/CYTotalExpensesAmt07694926
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07812617
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06072
IRS990/DepreciationDepletionGrp/ProgramServicesAmt040977
IRS990/DepreciationDepletionGrp/TotalAmt047049
IRS990/Desc0ASPEN ACADEMY OFFERS SMALL CLASS SIZES THAT PROVIDES A SENSE OF COMMUNITY. ASPEN ACADEMY PROVIDES A LITERATURE RICH, CORE KNOWLEDGE CURRICULUM WHICH INCLUDES SINGAPORE MATH. ASPEN ACADEMY HAS ELEMENTARY SPANISH, ART, MUSIC AND PHY ED PROGRAMS. AVERAGE DAILY ENROLLMENT FOR THE YEAR ENDED JUNE 30, 2021 WAS 645 STUDENTS SPREAD FROM KINDERGARTEN THROUGH EIGHTH GRADE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt093
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt06786395
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0105932
IRS990/FeesForServicesAccountingGrp/TotalAmt0105932
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt033532
IRS990/FeesForServicesLegalGrp/TotalAmt033532
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt072473
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0553246
IRS990/FeesForServicesOtherGrp/TotalAmt0625719
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt320.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt017384
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt115596
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt211531
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt35233
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt46468
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0MELANIE JISKRA
IRS990/Form990PartVIISectionAGrp/PersonNm1BRANDY MOSSER
IRS990/Form990PartVIISectionAGrp/PersonNm2DIANE STERNA
IRS990/Form990PartVIISectionAGrp/PersonNm3STEPHANIE SMITLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4STEPHANIE PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL FAULISE
IRS990/Form990PartVIISectionAGrp/PersonNm6MISTY SCHUTROP
IRS990/Form990PartVIISectionAGrp/PersonNm7ROB ALLISON
IRS990/Form990PartVIISectionAGrp/PersonNm8ANDREW PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm9ANDREW PETRENKO
IRS990/Form990PartVIISectionAGrp/PersonNm10APRIL SCHAFER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0118917
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt156337
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt256596
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt327516
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt423811
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0INTERIM EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt2FORMER MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt4FORMER MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt07662067
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07812617
IRS990/GrossSalesOfInventoryAmt0250
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt061741
IRS990/InformationTechnologyGrp/ProgramServicesAmt0273771
IRS990/InformationTechnologyGrp/TotalAmt0335512
IRS990/InsuranceGrp/ProgramServicesAmt024535
IRS990/InsuranceGrp/TotalAmt024535
IRS990/InvestmentIncomeGrp/ExclusionAmt01
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0411022
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0327598
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0284744
IRS990/LandBldgEquipCostOrOtherBssAmt0695766
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE PAGE 1, LINE 1.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-2179241
IRS990/NetAssetsOrFundBalancesEOYAmt0-2342979
IRS990/NetIncomeOrLossGrp/ExclusionAmt0250
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0250
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt017929
IRS990/OccupancyGrp/ProgramServicesAmt01962303
IRS990/OccupancyGrp/TotalAmt01980232
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt028422
IRS990/OfficeExpensesGrp/ProgramServicesAmt048958
IRS990/OfficeExpensesGrp/TotalAmt077380
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02995566
IRS990/OtherAssetsTotalGrp/EOYAmt01630765
IRS990/OtherChangesInNetAssetsAmt0-281429
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt034396
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0193926
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0228322
IRS990/OtherExpensesGrp/Desc0STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3SMALL EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06545
IRS990/OtherExpensesGrp/ProgramServicesAmt0151175
IRS990/OtherExpensesGrp/ProgramServicesAmt1136198
IRS990/OtherExpensesGrp/ProgramServicesAmt264436
IRS990/OtherExpensesGrp/ProgramServicesAmt338012
IRS990/OtherExpensesGrp/TotalAmt0151175
IRS990/OtherExpensesGrp/TotalAmt1136198
IRS990/OtherExpensesGrp/TotalAmt264436
IRS990/OtherExpensesGrp/TotalAmt344557
IRS990/OtherLiabilitiesGrp/BOYAmt06410698
IRS990/OtherLiabilitiesGrp/EOYAmt05824441
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt029567
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt029567
IRS990/OtherRevenueTotalAmt029567
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0317574
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02652900
IRS990/OtherSalariesAndWagesGrp/TotalAmt02970474
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035682
IRS990/PayrollTaxesGrp/ProgramServicesAmt0201835
IRS990/PayrollTaxesGrp/TotalAmt0237517
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0327598
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0284744
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt023182
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0221046
IRS990/PensionPlanContributionsGrp/TotalAmt0244228
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022883
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt047700
IRS990/PrincipalOfficerNm0MISTY SCHUTROP
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/Desc2MEDICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc3FOOD SALES TO PUPILS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022744
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118322
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29824
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37253
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022744
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118322
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29824
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37253
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06354087
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030
IRS990/PYOtherExpensesAmt02848014
IRS990/PYOtherRevenueAmt024103
IRS990/PYProgramServiceRevenueAmt0182061
IRS990/PYRevenuesLessExpensesAmt077673
IRS990/PYSalariesCompEmpBnftPaidAmt03634594
IRS990/PYTotalExpensesAmt06482608
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06560281
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0117691
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt087710
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0378315
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0772793
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0284744
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0411022
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0695766
IRS990ScheduleD/ExpensesNotReportedAmt01868034
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07694926
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01630765
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES RELATED TO PENSIONS
IRS990ScheduleD/OtherExpensesIncludedAmt01868034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03373849
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12450592
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS OF RESOURCES RELATED TO PENSIONS
IRS990ScheduleD/OtherRevenueAmt01895993
IRS990ScheduleD/RevenueNotReportedAmt01895993
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07812617
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ACADEMY IS ALSO EXEMPT FROM MINNESOTA FRANCHISE OR INCOME TAX. THE ACADEMY IS REQUIRED TO ASSESS WHETHER AN UNCERTAIN TAX POSITION EXISTS AND IF THERE SHOULD BE RECOGNITION OF A RELATED BENEFIT OR LIABILITY IN THE FINANCIAL STATEMENTS. THE ACADEMY HAS DETERMINED THERE ARE NOT AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FRIENDS OF ASPEN ACADEMY REVENUE 1,889,113. GASB 68 ADJ 6,880.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GASB 68 ADJ 288,309. FRIENDS OF ASPEN ACADEMY EXPENSES 1,579,725.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0284744
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01630765
IRS990ScheduleD/TotalExpensesPerForm990Amt07694926
IRS990ScheduleD/TotalLiabilityAmt05824441
IRS990ScheduleD/TotalRevenuePerForm990Amt07812617
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09708610
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09562960
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0INFORMATION PERTAINING TO THE SCHOOL'S NONDISCRIMINATORY POLICY IS AVAILABLE ON THE SCHOOL WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A MN PUBLIC CHARTER SCHOOL, THE ACADEMY RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt056596
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt123811

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,938,635
Liabilities
$6,281,614
Net assets
-$2,342,979
Revenue
$7,812,617
Expenses
$7,694,926
Net income
$117,691
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.11$5.10$0.99$8.48$8.32$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.50$5.82$1.32$7.91$7.64$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.07$6.24$2.17$8.03$7.99$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.94$6.28$2.34$7.81$7.69$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.68$6.86$2.18$6.56$6.48$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.69$7.56$1.88$6.25$6.48$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.88$9.44$2.56$5.52$6.84$1.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.25$9.49$1.23$5.25$6.63$1.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$2.99$0.14$4.94$5.18$0.24
2015Detailed filing. Detailed filing data is available for this year.$3.09$2.71$0.38$5.00$4.80$0.20
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.23$1.89$4.48$4.22$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.21$1.63$3.24
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.17$1.31$2.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.10$1.01$1.71
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $5M-$10M nonprofits