Civic Intelligence

Parnassus Preparatory School

990 • Fiscal year 2019 • EIN 27-1088745

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 18, 2020

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

95th percentile

1.10x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

1.20x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

39th percentile

$146,010

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

14th percentile

-5.2%

Faster asset growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

6.7%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$13,140,219

Down $718,286 (-5.2%) from 2018

Net Assets

Up

-$1,299,634

Up $1,388,295 (+52%) from 2018

Liabilities

Down

$14,439,853

Down $2,106,581 (-13%) from 2018

Revenue

Up

$12,006,154

Up $754,372 (+6.7%) from 2018

Expenses

Down

$10,617,859

Down $2,798,349 (-21%) from 2018

Net Income

Up

$1,388,295

Up $3,552,721 (+164%) from 2018

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

2019

Assets$13,140,219
Liabilities$14,439,853
Net Assets-$1,299,634

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

2019

Revenue$12,006,154
Expenses$10,617,859
Net Income$1,388,295
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 18, 2020
Return Version
2018v3.1
Gross Receipts
$12,006,154
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$1,741,092$1,804,448▲ $63,356
Land, Buildings, and Equipment, Net$1,088,998$1,131,657▲ $42,659
Pd in Cap Srpls Land Bldg Eqp Fund$1,088,998$1,131,657▲ $42,659
Savings and Temporary Cash Investments-$1,112,384-
Cash and Non-Interest-Bearing Accounts$1,722,871$1,052,210▼ $670,661
Prepaid Expenses and Deferred Charges$80,966$20,069▼ $60,897
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-3,776,927$-2,431,291▲ $1,345,636
Total Assets$13,858,505$13,140,219▼ $718,286
Other Assets Total$9,224,578$8,019,451▼ $1,205,127
Liabilities
Other Liabilities$15,440,995$13,106,848▼ $2,334,147
Accounts Payable and Accrued Expenses$678,090$909,378▲ $231,288
Mortgage Notes Payable Secured by Investment Property$421,577$421,577→ $0
Deferred Revenue$5,772$2,050▼ $3,722
Total Liabilities$16,546,434$14,439,853▼ $2,106,581
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,687,929$-1,299,634▲ $1,388,295
Total Liabilities and Net Assets / Fund Balance$13,858,505$13,140,219▼ $718,286

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$595,523$130,614$726,137
Equipment$499,145$219,078$718,223
Buildings$26,712$1,283$27,995
Other Land Buildings$10,277$8,534$18,811
Other Assets Org$8,019,451--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Constance FordExecutive DirectorFT$122,235$23,775$146,010
Barbara RoseDirector and EmployeeFT$52,676$17,853$70,529

Board Members and Trustees

NameTitle
Gregory FriessBoard Chair and Treasurer
Heather RossBoard Vice Chair
Kenneth ZigrinoBoard Secretary
Benjamin ArkDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Northstar Bus Lines LLCStudent Transportation1830 RADISSON RD NE, Blaine, MN 55449$730,921
Teaching TempsSubstitution Services5300 GLENWOOD AVE STE 300, Minneapolis, MN 55422$375,854
City Wide Maintenance Of MinnesotaBuilding Maintenance11979 CO RD 11 SUITE 250, Burnsville, MN 55337$286,306
Done Right FoodsFood Service ProgramPO BOX 21153, Columbia Heights, MN 55421$226,799
Syand CorporationIt Support2999 W COUNTY RD 42 STE 226, Burnsville, MN 55306$124,469
Revenue and Support

Revenue Composition

Contributions and Grants
$11,672,447
Program Service Revenue
$320,187
Investment Income
$13,520
Other Revenue
$0
All Other Contributions
$62,432
Change in Net Assets
$1,388,295
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,539,738
Other Expenses$4,078,121
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,530,325$302,181-$4,832,506
Occupancy$2,150,652$134,660-$2,285,312
Fees for Services Other$1,768,966$317,991-$2,086,957
Other Employee Benefits$558,861$134,928-$693,789
Pension Plan Contributions$379,618$34,802-$414,420
Payroll Taxes$340,082$33,988-$374,070
Current Officers, Directors, Trustees, and Key Employees$77,679$147,274-$224,953
Office Expenses$146,956$60,987-$207,943
Information Technology$134,688$49,499-$184,187
Depreciation Depletion$103,470$14,075-$117,545
Travel$88,973$1,800-$90,773
Insurance$29,255--$29,255
Interest$23,509--$23,509
All Other Expenses$15,320$1,336-$16,656
Other Expenses$-1,321,418$-125,984-$-1,447,402
Total Functional Expenses$9,502,596$1,115,263$0$10,617,859
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Run$14,195---
Fall Fundraiser$3,133---
Total Events$17,328---
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$53,829
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflows of Resources$8,167,952
Pension Liability Lt$4,938,896
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 bergankdv (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
2020-02-18
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
135
Volunteers
125

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 175,946. Management and general expenses 0. Fundraising expenses 0. Total expenses 175,946. Other fees: program service expenses 90,862. Management and general expenses 0. Fundraising expenses 0. Total expenses 90,862. Transportation: program service expenses 813,631. Management and general expenses 0. Fundraising expenses 0. Total expenses 813,631. Consulting fees: program service expenses 688,527. Management and general expenses 317,991. Fundraising expenses 0. Total expenses 1,006,518.

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.

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IRS990/InsuranceGrp/ProgramServicesAmt029255
IRS990/InsuranceGrp/TotalAmt029255
IRS990/InterestGrp/ProgramServicesAmt023509
IRS990/InterestGrp/TotalAmt023509
IRS990/InvestmentIncomeGrp/ExclusionAmt013520
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013520
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0359509
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01088998
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01131657
IRS990/LandBldgEquipCostOrOtherBssAmt01491166
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/BOYAmt0421577
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0421577
IRS990/NetAssetsOrFundBalancesBOYAmt0-2687929
IRS990/NetAssetsOrFundBalancesEOYAmt0-1299634
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0134660
IRS990/OccupancyGrp/ProgramServicesAmt02150652
IRS990/OccupancyGrp/TotalAmt02285312
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt060987
IRS990/OfficeExpensesGrp/ProgramServicesAmt0146956
IRS990/OfficeExpensesGrp/TotalAmt0207943
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09224578
IRS990/OtherAssetsTotalGrp/EOYAmt08019451
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0134928
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0558861
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0693789
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2DUES, MEMBERSHIP, LICEN
IRS990/OtherExpensesGrp/Desc3CHANGE IN TRA/PERA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0202
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11939
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25585
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3-125984
IRS990/OtherExpensesGrp/ProgramServicesAmt0251729
IRS990/OtherExpensesGrp/ProgramServicesAmt1219019
IRS990/OtherExpensesGrp/ProgramServicesAmt24912
IRS990/OtherExpensesGrp/ProgramServicesAmt3-1321418
IRS990/OtherExpensesGrp/TotalAmt0251931
IRS990/OtherExpensesGrp/TotalAmt1220958
IRS990/OtherExpensesGrp/TotalAmt210497
IRS990/OtherExpensesGrp/TotalAmt3-1447402
IRS990/OtherLiabilitiesGrp/BOYAmt015440995
IRS990/OtherLiabilitiesGrp/EOYAmt013106848
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0302181
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04530325
IRS990/OtherSalariesAndWagesGrp/TotalAmt04832506
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt033988
IRS990/PayrollTaxesGrp/ProgramServicesAmt0340082
IRS990/PayrollTaxesGrp/TotalAmt0374070
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01088998
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01131657
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt034802
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0379618
IRS990/PensionPlanContributionsGrp/TotalAmt0414420
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt080966
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020069
IRS990/PrincipalOfficerNm0CONSTANCE FORD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0242240
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt177947
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0242240
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt177947
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010957328
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0481
IRS990/PYOtherExpensesAmt05134608
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0293973
IRS990/PYRevenuesLessExpensesAmt0-2164426
IRS990/PYSalariesCompEmpBnftPaidAmt08281600
IRS990/PYTotalExpensesAmt013416208
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011251782
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01388295
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0320187
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01112384
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt026712
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01283
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt027995
IRS990ScheduleD/EquipmentGrp/BookValueAmt0499145
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0219078
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0718223
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0595523
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0130614
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0726137
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08019451
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010277
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08534
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018811
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08167952
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14938896
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/TotalBookValueLandBuildingsAmt01131657
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08019451
IRS990ScheduleD/TotalLiabilityAmt013106848
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt017328
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt014195
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt03133
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014195
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt03133
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017328
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SHAWN FORD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SPOUSE OF EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt053829
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 BERGANKDV (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 175,946. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 175,946. OTHER FEES: PROGRAM SERVICE EXPENSES 90,862. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,862. TRANSPORTATION: PROGRAM SERVICE EXPENSES 813,631. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 813,631. CONSULTING FEES: PROGRAM SERVICE EXPENSES 688,527. MANAGEMENT AND GENERAL EXPENSES 317,991. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,006,518.
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00

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