Civic Intelligence

Parnassus Preparatory School

990 • Fiscal year 2018 • EIN 27-1088745

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 18, 2019

11201 96th Avenue NorthMaple Grove, MN 55369

(763) 496-1416

Siviq Scores

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

Liabilities / Assets

96th percentile

1.19x

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

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

Liabilities / Revenue

84th percentile

1.47x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

11th percentile

-19%

Higher net margin than 11% of similar nonprofits.

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

Top Officer Pay

39th percentile

$144,513

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

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

Asset Growth

54th percentile

3.0%

Faster asset growth than 54% of similar nonprofits.

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

Revenue Growth

66th percentile

10%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Up

$13,858,505

Up $397,211 (+3.0%) from 2017

Net Assets

Down

-$2,687,929

Down $2,164,426 (-413%) from 2017

Liabilities

Up

$16,546,434

Up $2,561,637 (+18%) from 2017

Revenue

Up

$11,251,782

Up $1,053,014 (+10%) from 2017

Expenses

Up

$13,416,208

Up $1,846,739 (+16%) from 2017

Net Income

Down

-$2,164,426

Down $793,725 (-58%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2012: $1,182,585Liabilities 2012: $675,338Net Assets 2012: $507,2472012Assets 2013: $1,679,382Liabilities 2013: $467,771Net Assets 2013: $1,211,6112013Assets 2014: $2,247,880Liabilities 2014: $450,449Net Assets 2014: $1,797,4312014Assets 2015: $3,718,124Liabilities 2015: $3,265,996Net Assets 2015: $452,1282015Assets 2016: $4,712,552Liabilities 2016: $3,865,354Net Assets 2016: $847,1982016Assets 2017: $13,461,294Liabilities 2017: $13,984,797Net Assets 2017: -$523,5032017Assets 2018: $13,858,505Liabilities 2018: $16,546,434Net Assets 2018: -$2,687,9292018Assets 2019: $13,140,219Liabilities 2019: $14,439,853Net Assets 2019: -$1,299,6342019Assets 2020: $11,914,292Liabilities 2020: $13,942,632Net Assets 2020: -$2,028,3402020Assets 2021: $12,185,042Liabilities 2021: $13,743,081Net Assets 2021: -$1,558,0392021Assets 2022: $11,987,253Liabilities 2022: $13,327,311Net Assets 2022: -$1,340,0582022Assets 2023: $13,536,734Liabilities 2023: $11,894,630Net Assets 2023: $1,642,1042023Assets 2024: $13,167,126Liabilities 2024: $10,611,563Net Assets 2024: $2,555,5632024

Highlighted filing

2018

Assets$13,858,505
Liabilities$16,546,434
Net Assets-$2,687,929

Operations Trend

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

$20M$10M$0-$10MExpenses 2012: $2,648,1692012Expenses 2013: $4,480,9512013Revenue 2014: $6,684,578Expenses 2014: $6,098,758Net Income 2014: $585,8202014Revenue 2015: $7,799,104Expenses 2015: $7,364,549Net Income 2015: $434,5552015Revenue 2016: $8,712,682Expenses 2016: $8,317,612Net Income 2016: $395,0702016Revenue 2017: $10,198,768Expenses 2017: $11,569,469Net Income 2017: -$1,370,7012017Revenue 2018: $11,251,782Expenses 2018: $13,416,208Net Income 2018: -$2,164,4262018Revenue 2019: $12,006,154Expenses 2019: $10,617,859Net Income 2019: $1,388,2952019Revenue 2020: $13,112,126Expenses 2020: $13,840,832Net Income 2020: -$728,7062020Revenue 2021: $15,070,425Expenses 2021: $13,927,922Net Income 2021: $1,142,5032021Revenue 2022: $16,239,729Expenses 2022: $15,805,767Net Income 2022: $433,9622022Revenue 2023: $17,090,519Expenses 2023: $16,052,437Net Income 2023: $1,038,0822023Revenue 2024: $18,510,542Expenses 2024: $17,422,926Net Income 2024: $1,087,6162024

Highlighted filing

2018

Revenue$11,251,782
Expenses$13,416,208
Net Income-$2,164,426
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 18, 2019
Return Version
2017v2.3
Gross Receipts
$11,251,782
Mission and Program Overview

Mission

The mission of parnassus preparatory school is to provide students with a classical education, grounded in the classical trivium, that demands their best in intellectual achievement and character development.

The mission of parnassus preparatory school is to provide students with a k-12 classical education grounded in the classical trivium that demands their best in intellectual achievement and character development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,413,832$1,741,092▲ $327,260
Cash and Non-Interest-Bearing Accounts$1,821,143$1,722,871▼ $98,272
Land, Buildings, and Equipment, Net$753,078$1,088,998▲ $335,920
Pd in Cap Srpls Land Bldg Eqp Fund$753,078$1,088,998▲ $335,920
Prepaid Expenses and Deferred Charges$112,194$80,966▼ $31,228
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-1,276,581$-3,776,927▼ $2,500,346
Total Assets$13,461,294$13,858,505▲ $397,211
Other Assets Total$9,361,047$9,224,578▼ $136,469
Liabilities
Other Liabilities$13,187,824$15,440,995▲ $2,253,171
Accounts Payable and Accrued Expenses$793,987$678,090▼ $115,897
Mortgage Notes Payable Secured by Investment Property-$421,577-
Deferred Revenue$2,986$5,772▲ $2,786
Total Liabilities$13,984,797$16,546,434▲ $2,561,637
Net Assets / Fund Balance
Total Net Assets Fund Balance$-523,503$-2,687,929▼ $2,164,426
Total Liabilities and Net Assets / Fund Balance$13,461,294$13,858,505▲ $397,211

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$514,637$146,800$661,437
Leasehold Improvements$561,995$90,864$652,859
Other Land Buildings$12,366$6,445$18,811
Other Assets Org$9,224,578--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Constance FordExecutive DirectorFT$120,886$23,627$144,513
Barbara RoseDirector and EmployeeFT$52,879$11,969$64,848

Board Members and Trustees

NameTitle
Greg FriessBoard Chair and Treasurer
Heather RossBoard Vice Chair
Kenneth ZigrinoBoard Secretary
Ben ArkDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Northstar Bus Lines LLCStudent Transportation1830 RADISSON RD NE, Blaine, MN 55449$612,274
City View Electric INCBuilding Improvements14309 LAKE DRIVE NE, Columbus, MN 55025$241,245
Teaching TempsSubstitution Services5300 GLENWOOD AVE STE 300, Minneapolis, MN 55422$236,925
Done Right FoodsFood Service ProgramPO BOX 21153, Columbia Heights, MN 55421$234,444
Syand CorporationIt Support2999 W COUNTY RD 42 STE 226, Burnsville, MN 55306$184,083
Revenue and Support

Revenue Composition

Contributions and Grants
$10,957,328
Program Service Revenue
$293,973
Investment Income
$481
Other Revenue
$0
All Other Contributions
$37,240
Change in Net Assets
$-2,164,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,281,600
Other Expenses$5,134,608
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,957,878$459,370-$4,417,248
Pension Plan Contributions$2,428,836$327,500-$2,756,336
Occupancy$2,022,896$136,077-$2,158,973
Fees for Services Other$1,590,002$281,161-$1,871,163
Other Employee Benefits$430,034$123,407-$553,441
Payroll Taxes$297,684$46,210-$343,894
Current Officers, Directors, Trustees, and Key Employees$64,103$146,578-$210,681
Office Expenses$131,912$21,259-$153,171
Information Technology$112,782$16,984-$129,766
Depreciation Depletion$93,289$9,833-$103,122
Travel$77,928$270-$78,198
All Other Expenses$18,649--$18,649
Insurance$6,993$4,275-$11,268
Other Expenses$6,669$1,999-$8,668
Total Functional Expenses$11,838,107$1,578,101$0$13,416,208
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Shawn FordSpouse of Executive DirectorPaid EmployeeNo$54,146
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Liability Lt$13,327,819
Deferred Inflows of Resources$2,113,176
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 family members
Yes
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 6

Each parent or legal guardian of a student and each employee of the school shall have one (1) vote for nominees to the board.

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

Elections are held where all parents and staff of parnassus can elect board members on a yearly basis or when board terms are up.

Form 990, Part VI, Section A, Line 8B

There are no such committees.

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

Tax organizer is prepared by bergankda (financial manager), the draft 990 is then reviewed by the finance committee and then sent to the board for review and approval.

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

Board members sign a conflict of interest statement as a condition of service on the board. This is currently done once per term of the member. Each board member provides a signed conflict of interest form as part of our annual audit.

Form 990, Part VI, Section B, Line 15

Compensation for the executive director is determined by examining the pay of similar positions in other charter schools. Executive director compensation is approved by the board as part of the annual budget approval process. Compensation of all other employees is determined by the executive director. Compensation is also reviewed by our finance committee. This committee does not have any executive authority and is designed to provide support to school administration and the board.

Form 990, Part VI, Section C, Line 19

These items are all public and are kept on file at the school offices and can be reviewed upon request.

Filing and Contact Details

Filer

Filer Name
Parnassus Preparatory School
EIN
27-1088745
Phone
7634961416
Address
11201 96TH AVENUE NORTH, MAPLE GROVE, MN 55369

Signing Officer

Name
Constance Ford
Title
Executive Director
Phone
7634961416
Signed
2019-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Constance Ford
Formed
2009
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
4
Employees
123
Volunteers
25

Preparer

Firm
Redpath and Company Ltd
Address
4810 WHITE BEAR PARKWAY, WHITE BEAR LAKE, MN 55110
Preparer
Ashley C Rehn CPA
Phone
6514267000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Special education: program service expenses 222,642. Management and general expenses 0. Fundraising expenses 0. Total expenses 222,642. Other fees: program service expenses 74,206. Management and general expenses 0. Fundraising expenses 0. Total expenses 74,206. Transportation: program service expenses 643,322. Management and general expenses 0. Fundraising expenses 0. Total expenses 643,322. Consulting fees: program service expenses 649,832. Management and general expenses 281,161. Fundraising expenses 0. Total expenses 930,993.

Financial Statement Notes

PART X, LINE 2:

A tax expense or benefit from an uncertain income tax position (including tax-exempt status) may be recognized only when it is more likely than not that the position will be sustained upon examination by taxing authorities. Management believes the school and building company have no uncertain income tax positions that would result in an accrual, expense or benefit under the more likely than not standard.

Raw XML AppendixShowing 400 of 457 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/BOYAmt0793987
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0678090
IRS990/AccountsReceivableGrp/BOYAmt01413832
IRS990/AccountsReceivableGrp/EOYAmt01741092
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF PARNASSUS PREPARATORY SCHOOL IS TO PROVIDE STUDENTS WITH A K-12 CLASSICAL EDUCATION GROUNDED IN THE CLASSICAL TRIVIUM THAT DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT.
IRS990/AllOtherContributionsAmt037240
IRS990/AllOtherExpensesGrp/ProgramServicesAmt018649
IRS990/AllOtherExpensesGrp/TotalAmt018649
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BERGANKDV
IRS990/BooksInCareOfDetail/PhoneNum06514632233
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt022488 CHIPPENDALE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055024
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0-1276581
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0-3776927
IRS990/CashNonInterestBearingGrp/BOYAmt01821143
IRS990/CashNonInterestBearingGrp/EOYAmt01722871
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt07
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0146578
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt064103
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0210681
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0612274
IRS990/ContractorCompensationGrp/CompensationAmt1241245
IRS990/ContractorCompensationGrp/CompensationAmt2236925
IRS990/ContractorCompensationGrp/CompensationAmt3234444
IRS990/ContractorCompensationGrp/CompensationAmt4184083
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01830 RADISSON RD NE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt114309 LAKE DRIVE NE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt25300 GLENWOOD AVE STE 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 21153
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt42999 W COUNTY RD 42 STE 226
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BLAINE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1COLUMBUS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2MINNEAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3COLUMBIA HEIGHTS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4BURNSVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055449
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd155025
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd255422
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd355421
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd455306
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0NORTHSTAR BUS LINES LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CITY VIEW ELECTRIC INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2TEACHING TEMPS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3DONE RIGHT FOODS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4SYAND CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0STUDENT TRANSPORTATION
IRS990/ContractorCompensationGrp/ServicesDesc1BUILDING IMPROVEMENTS
IRS990/ContractorCompensationGrp/ServicesDesc2SUBSTITUTION SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc3FOOD SERVICE PROGRAM
IRS990/ContractorCompensationGrp/ServicesDesc4IT SUPPORT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010957328
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0481
IRS990/CYOtherExpensesAmt05134608
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0293973
IRS990/CYRevenuesLessExpensesAmt0-2164426
IRS990/CYSalariesCompEmpBnftPaidAmt08281600
IRS990/CYTotalExpensesAmt013416208
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011251782
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02986
IRS990/DeferredRevenueGrp/EOYAmt05772
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt09833
IRS990/DepreciationDepletionGrp/ProgramServicesAmt093289
IRS990/DepreciationDepletionGrp/TotalAmt0103122
IRS990/Desc0PARNASSUS' ACADEMIC FOCUS IS ON DEVELOPING THOUGHTFUL, LITERATE, AND EXPRESSIVE HIGH SCHOOL GRADUATES THROUGH CLASSICAL EDUCATION. IN FY 2017-2018 THEY HAD APPROXIMATELY 1,077 STUDENTS ENROLLED IN THEIRPROGRAM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt0123
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt011838107
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0281161
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01590002
IRS990/FeesForServicesOtherGrp/TotalAmt01871163
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt311969
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt523627
IRS990/Form990PartVIISectionAGrp/PersonNm0GREG FRIESS
IRS990/Form990PartVIISectionAGrp/PersonNm1KENNETH ZIGRINO
IRS990/Form990PartVIISectionAGrp/PersonNm2HEATHER ROSS
IRS990/Form990PartVIISectionAGrp/PersonNm3BARBARA ROSE
IRS990/Form990PartVIISectionAGrp/PersonNm4BEN ARK
IRS990/Form990PartVIISectionAGrp/PersonNm5CONSTANCE FORD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt352879
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5120886
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR AND TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR AND EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt010920088
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011251782
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt016984
IRS990/InformationTechnologyGrp/ProgramServicesAmt0112782
IRS990/InformationTechnologyGrp/TotalAmt0129766
IRS990/InsuranceGrp/ManagementAndGeneralAmt04275
IRS990/InsuranceGrp/ProgramServicesAmt06993
IRS990/InsuranceGrp/TotalAmt011268
IRS990/InvestmentIncomeGrp/ExclusionAmt0481
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0481
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0244109
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0753078
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01088998
IRS990/LandBldgEquipCostOrOtherBssAmt01333107
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF PARNASSUS PREPARATORY SCHOOL IS TO PROVIDE STUDENTS WITH A K-12 CLASSICAL EDUCATION GROUNDED IN THE CLASSICAL TRIVIUM THAT DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0421577
IRS990/NetAssetsOrFundBalancesBOYAmt0-523503
IRS990/NetAssetsOrFundBalancesEOYAmt0-2687929
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0136077
IRS990/OccupancyGrp/ProgramServicesAmt02022896
IRS990/OccupancyGrp/TotalAmt02158973
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021259
IRS990/OfficeExpensesGrp/ProgramServicesAmt0131912
IRS990/OfficeExpensesGrp/TotalAmt0153171
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09361047
IRS990/OtherAssetsTotalGrp/EOYAmt09224578
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0123407
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0430034
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0553441
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2SMALL EQUIPMENT
IRS990/OtherExpensesGrp/Desc3DUES, MEMBERSHIP, LICEN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0818
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12360
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21999
IRS990/OtherExpensesGrp/ProgramServicesAmt0235179
IRS990/OtherExpensesGrp/ProgramServicesAmt1228686
IRS990/OtherExpensesGrp/ProgramServicesAmt2134587
IRS990/OtherExpensesGrp/ProgramServicesAmt36669
IRS990/OtherExpensesGrp/TotalAmt0235997
IRS990/OtherExpensesGrp/TotalAmt1231046
IRS990/OtherExpensesGrp/TotalAmt2134587
IRS990/OtherExpensesGrp/TotalAmt38668
IRS990/OtherLiabilitiesGrp/BOYAmt013187824
IRS990/OtherLiabilitiesGrp/EOYAmt015440995
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0459370
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03957878
IRS990/OtherSalariesAndWagesGrp/TotalAmt04417248
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt046210
IRS990/PayrollTaxesGrp/ProgramServicesAmt0297684
IRS990/PayrollTaxesGrp/TotalAmt0343894
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0753078
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01088998
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0327500
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02428836
IRS990/PensionPlanContributionsGrp/TotalAmt02756336
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0112194
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt080966
IRS990/PrincipalOfficerNm0CONSTANCE FORD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0224284
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt169689
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0224284
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt169689
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09917991
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0568
IRS990/PYOtherExpensesAmt04448087
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0280209
IRS990/PYRevenuesLessExpensesAmt0-1370701
IRS990/PYSalariesCompEmpBnftPaidAmt07121382
IRS990/PYTotalExpensesAmt011569469
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010198768
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2164426
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0293973
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0514637
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0146800
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0661437
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0561995
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt090864
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0652859
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09224578
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012366
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06445
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018811
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02113176
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113327819
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS OF RESOURCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION LIABILITY LT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE SCHOOL AND BUILDING COMPANY HAVE NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01088998
IRS990ScheduleD/TotalBookValueOtherAssetsAmt09224578
IRS990ScheduleD/TotalLiabilityAmt015440995
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/ExplanationTxt0THE SCHOOL PUBLICIZES IN THEIR BROCHURES AND ENROLLMENT LITERATURE. THEIR ADMISSIONS POLICY IS PRINTED ON THEIR WEBSITE: PARNASSUS SEEKS TO ENROLL A DIVERSE AND REPRESENTATIVE STUDENT BODY, WELCOMING APPLICANTS REGARDLESS OF RACE, ETHNICITY, SOCIO-ECONOMIC STATUS, GENDER, SPECIAL NEEDS OR ENGLISH AS A SECOND LANGUAGE STATUS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SHAWN FORD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SPOUSE OF EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt054146
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAID EMPLOYEE
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH PARENT OR LEGAL GUARDIAN OF A STUDENT AND EACH EMPLOYEE OF THE SCHOOL SHALL HAVE ONE (1) VOTE FOR NOMINEES TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTIONS ARE HELD WHERE ALL PARENTS AND STAFF OF PARNASSUS CAN ELECT BOARD MEMBERS ON A YEARLY BASIS OR WHEN BOARD TERMS ARE UP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO SUCH COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TAX ORGANIZER IS PREPARED BY BERGANKDA (FINANCIAL MANAGER), THE DRAFT 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE AND THEN SENT TO THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT AS A CONDITION OF SERVICE ON THE BOARD. THIS IS CURRENTLY DONE ONCE PER TERM OF THE MEMBER. EACH BOARD MEMBER PROVIDES A SIGNED CONFLICT OF INTEREST FORM AS PART OF OUR ANNUAL AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY EXAMINING THE PAY OF SIMILAR POSITIONS IN OTHER CHARTER SCHOOLS. EXECUTIVE DIRECTOR COMPENSATION IS APPROVED BY THE BOARD AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. COMPENSATION OF ALL OTHER EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR. COMPENSATION IS ALSO REVIEWED BY OUR FINANCE COMMITTEE. THIS COMMITTEE DOES NOT HAVE ANY EXECUTIVE AUTHORITY AND IS DESIGNED TO PROVIDE SUPPORT TO SCHOOL ADMINISTRATION AND THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THESE ITEMS ARE ALL PUBLIC AND ARE KEPT ON FILE AT THE SCHOOL OFFICES AND CAN BE REVIEWED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SPECIAL EDUCATION: PROGRAM SERVICE EXPENSES 222,642. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 222,642. OTHER FEES: PROGRAM SERVICE EXPENSES 74,206. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,206. TRANSPORTATION: PROGRAM SERVICE EXPENSES 643,322. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 643,322. CONSULTING FEES: PROGRAM SERVICE EXPENSES 649,832. MANAGEMENT AND GENERAL EXPENSES 281,161. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 930,993.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt013461294
IRS990/TotalAssetsEOYAmt013858505
IRS990/TotalAssetsGrp/BOYAmt013461294
IRS990/TotalAssetsGrp/EOYAmt013858505
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt010957328
IRS990/TotalEmployeeCnt0123
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01578101
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011838107
IRS990/TotalFunctionalExpensesGrp/TotalAmt013416208
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013984797
IRS990/TotalLiabilitiesEOYAmt016546434
IRS990/TotalLiabilitiesGrp/BOYAmt013984797
IRS990/TotalLiabilitiesGrp/EOYAmt016546434
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-523503
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2687929
IRS990/TotalOtherCompensationAmt035596
IRS990/TotalProgramServiceExpensesAmt011838107
IRS990/TotalProgramServiceRevenueAmt0293973
IRS990/TotalReportableCompFromOrgAmt0173765
IRS990/TotalRevenueGrp/ExclusionAmt0481

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings