Civic Intelligence

Achieve Language Academy Building Company

990 • Fiscal year 2020 • EIN 31-1639290

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

Organization Profilewww.achievemn.org
2169 Stillwater AvenueSt Paul, MN 55116

(651) 738-4875

Siviq Scores

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

Liabilities / Assets

88th percentile

0.83x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

6.84x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

85th percentile

34%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

32nd percentile

$78,608

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

26th percentile

-0.8%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

0.0%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$5,524,245

Down $43,259 (-0.8%) from 2019

Net Assets

Up

$921,264

Up $279,703 (+44%) from 2019

Liabilities

Down

$4,602,981

Down $322,962 (-6.6%) from 2019

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin85th percentile

Revenue

Up

$673,213

Up $14 (+0.0%) from 2019

Expenses

Down

$441,904

Down $24,760 (-5.3%) from 2019

Net Income

Up

$231,309

Up $24,774 (+12%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $6,827,049Liabilities 2010: $6,932,075Net Assets 2010: -$105,0262010Assets 2012: $6,331,010Liabilities 2012: $6,577,537Net Assets 2012: -$246,5272012Assets 2013: $5,948,335Liabilities 2013: $6,403,409Net Assets 2013: -$455,0742013Assets 2015: $5,114,797Liabilities 2015: $5,365,915Net Assets 2015: -$251,1182015Assets 2016: $5,665,065Liabilities 2016: $5,687,949Net Assets 2016: -$22,8842016Assets 2017: $5,744,845Liabilities 2017: $5,538,822Net Assets 2017: $206,0232017Assets 2018: $5,581,678Liabilities 2018: $5,146,652Net Assets 2018: $435,0262018Assets 2019: $5,567,504Liabilities 2019: $4,925,943Net Assets 2019: $641,5612019Assets 2020: $5,524,245Liabilities 2020: $4,602,981Net Assets 2020: $921,2642020Assets 2021: $5,334,358Liabilities 2021: $4,824,774Net Assets 2021: $509,5842021Assets 2022: $4,661,216Liabilities 2022: $3,944,176Net Assets 2022: $717,0402022

Highlighted filing

2020

Assets$5,524,245
Liabilities$4,602,981
Net Assets$921,264
Open 2020 Filing

Operations Trend

Revenue Growth45th percentile

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

$1.0M$500K$0Expenses 2010: $855,1212010Expenses 2012: $719,6192012Expenses 2013: $708,6162013Revenue 2015: $719,751Expenses 2015: $432,351Net Income 2015: $287,4002015Revenue 2016: $637,632Expenses 2016: $409,398Net Income 2016: $228,2342016Revenue 2017: $673,282Expenses 2017: $444,375Net Income 2017: $228,9072017Revenue 2018: $673,126Expenses 2018: $444,123Net Income 2018: $229,0032018Revenue 2019: $673,199Expenses 2019: $466,664Net Income 2019: $206,5352019Revenue 2020: $673,213Expenses 2020: $441,904Net Income 2020: $231,3092020Revenue 2021: $443,167Expenses 2021: $357,866Net Income 2021: $85,3012021Revenue 2022: $518,201Expenses 2022: $330,040Net Income 2022: $188,1612022

Highlighted filing

2020

Revenue$673,213
Expenses$441,904
Net Income$231,309
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$673,213
Mission and Program Overview

Mission

Purchase, own, and improvement of buildings and real estate for lease to its beneficiary organization, Achieve Language Academy.

Purchase, own, and improvement of buildings and real estate for leasing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,685,004$4,452,993▼ $232,011
Rtn Earn Endowment Incm Other Fnds$665,746$821,353▲ $155,607
Savings and Temporary Cash Investments$640,200$756,600▲ $116,400
Cash and Non-Interest-Bearing Accounts$242,300$314,652▲ $72,352
Pd in Cap Srpls Land Bldg Eqp Fund$-24,185$99,911▲ $124,096
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$5,567,504$5,524,245▼ $43,259
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,661,839$4,353,082▼ $308,757
Accounts Payable and Accrued Expenses$216,754$249,899▲ $33,145
Other Liabilities$47,350$0▼ $47,350
Total Liabilities$4,925,943$4,602,981▼ $322,962
Net Assets / Fund Balance
Total Net Assets Fund Balance$641,561$921,264▲ $279,703
Total Liabilities and Net Assets / Fund Balance$5,567,504$5,524,245▼ $43,259

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,315,519$3,865,306$8,180,825
Land$127,000-$127,000
Leasehold Improvements$10,474$35,307$45,781
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleOtherTotal
David LinneSecretary/Treasurer$78,608$78,608

Board Members and Trustees

NameTitle
Barbara YoungChairperson
Kathy OelzeVice Chairperson
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$672,876
Investment Income
$337
Other Revenue
$0
Change in Net Assets
$231,309
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$441,904
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
Depreciation Depletion$233,055--$233,055
Interest$153,029--$153,029
Fees for Services Other$40,887--$40,887
Occupancy$14,933--$14,933
Total Functional Expenses$441,904$0$0$441,904
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The Form 990 is prepared by an independent accounting firm. Once the Form is completed, it is given to the President for review before it is signed and filed.”

Form 990, Part VI, Section C, line 19

“The organization makes it governing documents and financial statements available upon request.”

FORM 990, PART VI, Section A, Line 1B

“Several members of the Board are teachers at the school. Minnesota State Statute 124D.10 subd. 4(g) requires the Board to have at least one member that is an employed/contracted teacher.”

Filing and Contact Details

Filer

Filer Name
Achieve Language Academy
EIN
31-1639290
Phone
6517384875
Address
2169 Stillwater Avenue, St Paul, MN 55116

Signing Officer

Name
Chipp Windham
Title
Executive Director
Phone
6517384875
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chipp Windham
Formed
1999
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Malloy Montague Karnowski Radosevich
Address
5353 Wayzata Blvd Ste 410, Minneapolis, MN 55416
Preparer
Victoria L Holinka
Phone
9525450424
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Transfers between Academy and Building Company 48,394.”

PART XII, Line 2C

“The related School Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed from the prior year.”

Related Organization Compensation

“Explanation: Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no other transactions noted.”

Financial Statement Notes

Part X, Line 2:

“The Building Company is exempt from federal and state income taxes under Internal Revenue Code Section 501(c)(3), and are subject to tax on income from any unrelated business. The Building Company is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Accounting Standards Codification 740-10. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely-than-not be sustained upon examination by taxing authorities. The Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Building Company believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operation or cash flows. Accordingly, the Building Company has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2020.”

Raw XML Appendix363 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.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Building Company is exempt from federal and state income taxes under Internal Revenue Code Section 501(c)(3), and are subject to tax on income from any unrelated business. The Building Company is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Accounting Standards Codification 740-10. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely-than-not be sustained upon examination by taxing authorities. The Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Building Company believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operation or cash flows. Accordingly, the Building Company has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by an independent accounting firm. Once the Form is completed, it is given to the President for review before it is signed and filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization makes it governing documents and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Transfers between Academy and Building Company 48,394.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The related School Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Several members of the Board are teachers at the school. Minnesota State Statute 124D.10 subd. 4(g) requires the Board to have at least one member that is an employed/contracted teacher.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Explanation: Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no other transactions noted.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, Line 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, Section A, Line 1B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5RELATED ORGANIZATION COMPENSATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Achieve Language Academy
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0721323420
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Payment to building company for lease agreement
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 12a, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02169 Stillwater Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0St Paul
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055119
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0672876
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Lease Agreement
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Achieve Language Academy
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05567504
IRS990/TotalAssetsEOYAmt05524245
IRS990/TotalAssetsGrp/BOYAmt05567504
IRS990/TotalAssetsGrp/EOYAmt05524245
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0441904
IRS990/TotalFunctionalExpensesGrp/TotalAmt0441904
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04925943
IRS990/TotalLiabilitiesEOYAmt04602981
IRS990/TotalLiabilitiesGrp/BOYAmt04925943
IRS990/TotalLiabilitiesGrp/EOYAmt04602981
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0641561
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0921264
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0441904
IRS990/TotalProgramServiceRevenueAmt0672876
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0337
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0672876
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0673213
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05567504
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05524245
IRS990/TotReportableCompRltdOrgAmt078608
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02169 Stillwater Avenue
IRS990/USAddress/CityNm0St Paul
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055116
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0www.achievemn.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Chipp Windham
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06517384875
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Achieve Language Academy
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Building Company
ReturnHeader/Filer/BusinessNameControlTxt0ACHI
ReturnHeader/Filer/EIN0311639290
ReturnHeader/Filer/PhoneNum06517384875
ReturnHeader/Filer/USAddress/AddressLine1Txt02169 Stillwater Avenue
ReturnHeader/Filer/USAddress/CityNm0St Paul
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055116
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411690382
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Malloy Montague Karnowski Radosevich
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05353 Wayzata Blvd Ste 410
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055416
ReturnHeader/PreparerPersonGrp/PhoneNum09525450424
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Victoria L Holinka
ReturnHeader/ReturnTs02021-05-17T17:14:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,524,245
Liabilities
$4,602,981
Net assets
$921,264
Revenue
$673,213
Expenses
$441,904
Net income
$231,309
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.66$3.94$0.72$0.52$0.33$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.33$4.82$0.51$0.44$0.36$0.09
2020Detailed filing. Detailed filing data is available for this year.$5.52$4.60$0.92$0.67$0.44$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.57$4.93$0.64$0.67$0.47$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.58$5.15$0.44$0.67$0.44$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.74$5.54$0.21$0.67$0.44$0.23
2016Detailed filing. Detailed filing data is available for this year.$5.67$5.69$0.02$0.64$0.41$0.23
2015Detailed filing. Detailed filing data is available for this year.$5.11$5.37$0.25$0.72$0.43$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.95$6.40$0.46$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.33$6.58$0.25$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.83$6.93$0.11$0.86