Civic Intelligence

Charter School Partners

990 • Fiscal year 2012 • EIN 26-2702539

Jul 01, 2011 to Jun 30, 2012 • Filed on Sep 26, 2012

2800 University Ave SE55414
Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2012 filings • 501(c)3 • <$500k 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

18th percentile

-25%

Faster asset growth than 18% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$284,077

Down $92,636 (-25%) from 2011

Net Assets

Down

$281,818

Down $94,485 (-25%) from 2011

Liabilities

Up

$2,259

Up $1,849 (+451%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$563,727

Up $128,001 (+29%) 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.

$1.0M$500K$0Assets 2011: $376,713Liabilities 2011: $410Net Assets 2011: $376,3032011Assets 2012: $284,077Liabilities 2012: $2,259Net Assets 2012: $281,8182012Assets 2013: $550,783Liabilities 2013: $16,963Net Assets 2013: $533,8202013Assets 2014: $793,279Liabilities 2014: $9,523Net Assets 2014: $783,7562014Assets 2015: $832,399Liabilities 2015: $7,701Net Assets 2015: $824,6982015

Highlighted filing

2012

Assets$284,077
Liabilities$2,259
Net Assets$281,818

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2011: $435,7262011Expenses 2012: $563,7272012Expenses 2013: $792,7572013Revenue 2014: $1,490,462Expenses 2014: $1,240,526Net Income 2014: $249,9362014Revenue 2015: $1,036,590Expenses 2015: $995,648Net Income 2015: $40,9422015

Highlighted filing

2012

Revenue-
Expenses$563,727
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Sep 26, 2012
Return Version
2011v1.2
Gross Receipts
$469,242
Mission and Program Overview

Mission

The mission of charter school partners is to nurture and grow high performing charter schools in minnesota that close the achievement gap and demonstrate nationally recognized excellence in academics and business. Charter school partners has two overreaching goals: (1) to close the achievement gap between white and low-income, minority students and (2) to increase the number of high performing charters in the state.

Filing and Contact Details

Filer

EIN
26-2702539
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IRS990/Description0NUTURING AND GROWING HIGH QUALITY CHARTER SCHOOLS IN MINNESOTA. STRIVING TO CLOSE MINNESOTA'S ACHIEVEMENT GAP AND ENSURE EVERY CHILD IN MINNESOTA HAS THE OPPORTUNITY TO ATTAIN AN EDUCATION THAT ALLOWS HIM OR HER TO SUCCEED IN LIFE - NO MATTER WHAT INCOME OR ZIP CODE.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE EXECUTIVE DIRECTOR WILL REVIEW THE FORM 990 AND PRESENT THE REPORT TO THE BOARD OF DIRECTORS AT A BOARD MEETING. THE BOARD WILL VOTE TO APPROVE THE RETURN BEFORE IT IS SIGNED BY THE TREASURER.
IRS990ScheduleO/GeneralExplanation/Explanation1EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHCH AFFIRMS SUCH PERSON: (1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (2) HAS READ AND UNDERSTANDS THE POLICY, (3) HAS AGREED TO COMPLY WITH THE POLICY, AND (4) UNDERSTANDS THE ORGANIZATION IS CHARTIABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES.
IRS990ScheduleO/GeneralExplanation/Explanation2EMPLOYEE SALARIES WERE DETERMINED USING THE 2010 SALARY AND COMPENSATION SURVEY WHICH IS PUBLISHED BY THE MN COUNCIL OF NONPROFITS.
IRS990ScheduleO/GeneralExplanation/Explanation3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
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