Civic Intelligence

Stonebridge Building Company

990 • Fiscal year 2019 • EIN 30-0809773

Jul 01, 2018 to Jun 30, 2019 • Filed on May 09, 2020

Organization Profilewww.stonebridgeworldschool.org
4530 Lyndale Avenue SouthMinneapolis, MN 55419

(612) 877-7400

Siviq Scores

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

Liabilities / Assets

91st percentile

0.93x

Higher debt load relative to assets than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

5.48x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

76th percentile

$121,038

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 18.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

47th percentile

1.9%

Faster asset growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

75th percentile

21%

Faster revenue growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$3,843,709

Up $72,625 (+1.9%) from 2018

Net Assets

Up

$283,414

Up $201,405 (+246%) from 2018

Liabilities

Down

$3,560,295

Down $128,780 (-3.5%) from 2018

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin84th percentile

Revenue

Up

$649,437

Up $113,531 (+21%) from 2018

Expenses

Down

$448,032

Down $58,808 (-12%) from 2018

Net Income

Up

$201,405

Up $172,339 (+593%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2014: $0Liabilities 2014: $12,720Net Assets 2014: -$12,7202014Assets 2015: $3,812,892Liabilities 2015: $3,988,058Net Assets 2015: -$175,1662015Assets 2016: $3,809,137Liabilities 2016: $3,863,521Net Assets 2016: -$54,3842016Assets 2017: $3,811,203Liabilities 2017: $3,758,260Net Assets 2017: $52,9432017Assets 2018: $3,771,084Liabilities 2018: $3,689,075Net Assets 2018: $82,0092018Assets 2019: $3,843,709Liabilities 2019: $3,560,295Net Assets 2019: $283,4142019Assets 2020: $4,531,562Liabilities 2020: $4,402,593Net Assets 2020: $128,9692020Assets 2021: $4,501,218Liabilities 2021: $4,156,031Net Assets 2021: $345,1872021Assets 2022: $5,018,810Liabilities 2022: $4,410,912Net Assets 2022: $607,8982022Assets 2023: $5,035,619Liabilities 2023: $4,326,635Net Assets 2023: $708,9842023Assets 2024: $5,744,205Liabilities 2024: $5,098,306Net Assets 2024: $645,8992024

Highlighted filing

2019

Assets$3,843,709
Liabilities$3,560,295
Net Assets$283,414
Open 2019 Filing

Operations Trend

Revenue Growth75th percentile

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

$1.0M$500K$0-$500KRevenue 2014: $0Expenses 2014: $12,720Net Income 2014: -$12,7202014Revenue 2015: $282,642Expenses 2015: $445,088Net Income 2015: -$162,4462015Revenue 2016: $604,768Expenses 2016: $483,986Net Income 2016: $120,7822016Revenue 2017: $564,533Expenses 2017: $457,206Net Income 2017: $107,3272017Revenue 2018: $535,906Expenses 2018: $506,840Net Income 2018: $29,0662018Revenue 2019: $649,437Expenses 2019: $448,032Net Income 2019: $201,4052019Revenue 2020: $681,300Expenses 2020: $835,745Net Income 2020: -$154,4452020Revenue 2021: $813,708Expenses 2021: $597,490Net Income 2021: $216,2182021Revenue 2022: $905,222Expenses 2022: $642,511Net Income 2022: $262,7112022Revenue 2023: $879,858Expenses 2023: $778,772Net Income 2023: $101,0862023Revenue 2024: $752,322Expenses 2024: $815,407Net Income 2024: -$63,0852024

Highlighted filing

2019

Revenue$649,437
Expenses$448,032
Net Income$201,405
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 9, 2020
Return Version
2018v3.0
Gross Receipts
$649,437
Mission and Program Overview

Mission

To manage a building for lease to its supported organization, stonebridge world school. Stonebridge building company provides an educational facility for stonebridge world school.

To manage a building for lease to it's supported organization, Stonebridge World School.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,547,499$3,576,205▲ $28,706
Pd in Cap Srpls Land Bldg Eqp Fund$211,770$585,650▲ $373,880
Savings and Temporary Cash Investments$209,208$218,277▲ $9,069
Cash and Non-Interest-Bearing Accounts$14,377$24,872▲ $10,495
Prepaid Expenses and Deferred Charges$0$20,163▲ $20,163
Accounts Receivable-$4,192-
Pledges and Grants Receivable-$0-
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Loans From Officers Directors$0$0→ $0
Cap Stk Tr Prin Current Funds$-129,761$-302,236▼ $172,475
Total Assets$3,771,084$3,843,709▲ $72,625
Liabilities
Tax Exempt Bond Liabilities$2,437,759$2,325,097▼ $112,662
Unsecured Notes Loans Payable$897,970$877,890▼ $20,080
Accounts Payable and Accrued Expenses$16,588$305,081▲ $288,493
Other Liabilities$287,366$0▼ $287,366
Deferred Revenue$49,392$52,227▲ $2,835
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$3,689,075$3,560,295▼ $128,780
Net Assets / Fund Balance
Total Net Assets Fund Balance$82,009$283,414▲ $201,405
Total Liabilities and Net Assets / Fund Balance$3,771,084$3,843,709▲ $72,625

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,543,523$251,557$2,795,080
Leasehold Improvements$912,682$67,315$979,997
Land$120,000-$120,000
Other Land Buildings$0$0$0
Equipment$0$0$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleOtherTotal
Barbara NovyEx Officio$121,038$121,038
Ross PierceBoard Member$58,692$58,692
Barbara DottyBoard Member$23,741$23,741

Board Members and Trustees

NameTitle
Matthew SchumacherBoard Chair/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$626,720
Investment Income
$32
Other Revenue
$22,685
Change in Net Assets
$201,405

Audited Revenue Reconciliation

Revenue per Audited Statements
$649,437
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$649,437
Total Revenue per Form 990
$649,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$448,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$200,261$0$0$200,261
Interest$125,232--$125,232
Depreciation Depletion$78,703--$78,703
Insurance$18,130--$18,130
Fees for Services Other$10,647$0$0$10,647
Fees for Services Accounting$0$9,495$0$9,495
Office Expenses-$5,564-$5,564
Total Functional Expenses$432,973$15,059$0$448,032

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$448,032
Total Expenses per Audited Statements$448,032
Total Expenses per Form 990$448,032
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMinneapolis Community Development Agency2014-12-23$2,805,000Facilities Construction

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$2,805,000$0$479,903$0

Bond Financing Compliance

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization's sole member is Stonebridge World School.”

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

“The sole member may appoint and remove the organization's Board of Directors.”

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

“Amendments to the organization's bylaws are subject to approval by the sole member.”

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

“The organization does not have any committees with broad authority to act on behalf of the governing body.”

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

“The Form 990 is prepared by an accounting firm. Once the form is completed, it is reviewed by the Board Chair before it's signed and filed.”

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

“Annually, Board Members complete a full disclosure statement which includes the member, spouse, and close relatives and potential conflicts of interest. Determination on potential conflicts is made by the remaining Board or committee members. Conflicted individuals may not vote on or participate in the discussion involving any actions that gave rise to the conflict. All proceedings are documented in the meeting minutes.”

Form 990, Part VI, Section C, Line 19

“The Building Company makes it's governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Stonebridge Building Company
EIN
30-0809773
Phone
6128777400
Address
4530 Lyndale Avenue South, Minneapolis, MN 55419

Signing Officer

Name
Barbara Novy
Title
Ex Officio
Phone
6128777400
Signed
2020-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Novy
Formed
2013
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Robert Reese Procaccini CPA
Address
2151 Hamline Avenue North, Suite 212, Roseville, MN 55113
Preparer
Robert Procaccini
Phone
6516366358
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

“The organization follows a modified accrual method of accounting as prescribed by the Minnesota Department of Education. The school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.”

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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0205696407
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0626720
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Stonebridge World School
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0626720
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02543523
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0251557
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02795080
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0448032
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0120000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0120000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0912682
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt067315
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0979997
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0649437
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03576205
IRS990ScheduleD/TotalExpensesPerForm990Amt0448032
IRS990ScheduleD/TotalRevenuePerForm990Amt0649437
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0649437
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0448032
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-12-23
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0416009115
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt02805000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Minneapolis Community Development Agency
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Facilities Construction
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.0057
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.0057
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondDefeasedAmt00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt02805000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CreditEnhancementAmt00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0479903
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02014
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt02805000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/WorkingCapitalExpendituresAmt00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization's sole member is Stonebridge World School.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The sole member may appoint and remove the organization's Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Amendments to the organization's bylaws are subject to approval by the sole member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization does not have any committees with broad authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Form 990 is prepared by an accounting firm. Once the form is completed, it is reviewed by the Board Chair before it's signed and filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Annually, Board Members complete a full disclosure statement which includes the member, spouse, and close relatives and potential conflicts of interest. Determination on potential conflicts is made by the remaining Board or committee members. Conflicted individuals may not vote on or participate in the discussion involving any actions that gave rise to the conflict. All proceedings are documented in the meeting minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Building Company makes it's governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The organization follows a modified accrual method of accounting as prescribed by the Minnesota Department of Education. The school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 1
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Stonebridge World School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0205696407
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,843,709
Liabilities
$3,560,295
Net assets
$283,414
Revenue
$649,437
Expenses
$448,032
Net income
$201,405
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.74$5.10$0.65$0.75$0.82$0.06
2023Detailed filing. Detailed filing data is available for this year.$5.04$4.33$0.71$0.88$0.78$0.10
2022Detailed filing. Detailed filing data is available for this year.$5.02$4.41$0.61$0.91$0.64$0.26
2021Detailed filing. Detailed filing data is available for this year.$4.50$4.16$0.35$0.81$0.60$0.22
2020Detailed filing. Detailed filing data is available for this year.$4.53$4.40$0.13$0.68$0.84$0.15
2019Detailed filing. Detailed filing data is available for this year.$3.84$3.56$0.28$0.65$0.45$0.20
2018Detailed filing. Detailed filing data is available for this year.$3.77$3.69$0.08$0.54$0.51$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.81$3.76$0.05$0.56$0.46$0.11
2016Detailed filing. Detailed filing data is available for this year.$3.81$3.86$0.05$0.60$0.48$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.81$3.99$0.18$0.28$0.45$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.01$0.01$0.00$0.01$0.01