Civic Intelligence

Spectrum High School

990 • Fiscal year 2014 • EIN 37-1518372

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 29, 2015

Organization ProfileWWW.SPECTRUMHIGHSCHOOL.ORG
17796 Industrial Circle NW55330

(763) 241-8703

Siviq Scores

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

Liabilities / Assets

60th percentile

0.30x

Higher debt load relative to assets than 60% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

34th percentile

0.10x

Higher debt load relative to revenue than 34% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

60th percentile

5.8%

Higher net margin than 60% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

61st percentile

$141,348

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

83rd percentile

19%

Faster asset growth than 83% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$1,903,832

Up $309,217 (+19%) from 2013

Net Assets

Up

$1,330,310

Up $341,974 (+35%) from 2013

Liabilities

Down

$573,522

Down $32,757 (-5.4%) from 2013

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin60th percentile

Revenue

$5,874,462

No earlier filing loaded for comparison.

Expenses

Up

$5,532,488

Up $682,707 (+14%) from 2013

Net Income

$341,974

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $453,866Liabilities 2010: $373,526Net Assets 2010: $80,3402010Assets 2011: $984,607Liabilities 2011: $678,036Net Assets 2011: $306,5712011Assets 2012: $1,981,653Liabilities 2012: $1,409,453Net Assets 2012: $572,2002012Assets 2013: $1,594,615Liabilities 2013: $606,279Net Assets 2013: $988,3362013Assets 2014: $1,903,832Liabilities 2014: $573,522Net Assets 2014: $1,330,3102014Assets 2015: $2,669,341Liabilities 2015: $3,569,100Net Assets 2015: -$899,7592015Assets 2016: $3,432,238Liabilities 2016: $4,034,914Net Assets 2016: -$602,6762016Assets 2017: $10,957,311Liabilities 2017: $12,710,337Net Assets 2017: -$1,753,0262017Assets 2019: $8,262,667Liabilities 2019: $10,107,752Net Assets 2019: -$1,845,0852019Assets 2020: $7,497,539Liabilities 2020: $9,925,363Net Assets 2020: -$2,427,8242020Assets 2021: $6,267,072Liabilities 2021: $9,093,122Net Assets 2021: -$2,826,0502021Assets 2022: $6,601,700Liabilities 2022: $8,833,814Net Assets 2022: -$2,232,1142022

Highlighted filing

2014

Assets$1,903,832
Liabilities$573,522
Net Assets$1,330,310
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,055,1912010Expenses 2011: $2,263,2162011Expenses 2012: $3,800,7292012Expenses 2013: $4,849,7812013Revenue 2014: $5,874,462Expenses 2014: $5,532,488Net Income 2014: $341,9742014Revenue 2015: $6,891,275Expenses 2015: $6,544,247Net Income 2015: $347,0282015Revenue 2016: $7,547,908Expenses 2016: $7,250,825Net Income 2016: $297,0832016Revenue 2017: $8,230,050Expenses 2017: $9,380,400Net Income 2017: -$1,150,3502017Revenue 2019: $9,036,507Expenses 2019: $9,042,441Net Income 2019: -$5,9342019Revenue 2020: $9,076,504Expenses 2020: $9,035,133Net Income 2020: $41,3712020Revenue 2021: $9,361,830Expenses 2021: $9,278,067Net Income 2021: $83,7632021Revenue 2022: $10,155,775Expenses 2022: $9,705,877Net Income 2022: $449,8982022

Highlighted filing

2014

Revenue$5,874,462
Expenses$5,532,488
Net Income$341,974
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 29, 2015
Return Version
2013v4.0
Gross Receipts
$5,874,462
Mission and Program Overview

Mission

The mission of spectrum high school and spectrum middle school is to encourage students in attaining their maximum potential through a 3-dimensional strategy emphasizing college preparatory curriculum, a technology integrated environment, and community-based outreach.

Public charter school grades 6-12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$988,336$1,330,310▲ $341,974
Cash and Non-Interest-Bearing Accounts-$1,035,825-
Pledges and Grants Receivable$692,895$466,636▼ $226,259
Land, Buildings, and Equipment, Net$375,967$360,606▼ $15,361
Accounts Receivable$456,153$29,018▼ $427,135
Prepaid Expenses and Deferred Charges$69,600$11,747▼ $57,853
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$1,594,615$1,903,832▲ $309,217
Liabilities
Accounts Payable and Accrued Expenses$286,160$359,441▲ $73,281
Mortgage Notes Payable Secured by Investment Property$313,034$214,081▼ $98,953
Deferred Revenue$7,085--
Total Liabilities$606,279$573,522▼ $32,757
Net Assets / Fund Balance
Total Net Assets Fund Balance$988,336$1,330,310▲ $341,974
Total Liabilities and Net Assets / Fund Balance$1,594,615$1,903,832▲ $309,217

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$191,348$195,894$387,242
Leasehold Improvements$169,258$55,634$224,892
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vanessta SparkExecutive DirectorFT$103,241$38,107$141,348
Anthony BruntBoard Member/teacherFT$34,808$19,790$54,598
Cori MorrowBoard Member/teacherFT$33,752$17,043$50,795

Board Members and Trustees

NameTitle
Dave LucasBoard Chair
Robert RogersBoard Vice Chair
Don StaufferBoard Member
Mike WiyningerBoard Member
Tom SagstetterBoard Member
Kerry JerredBoard Secretary
Robin SchelskiBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Peterson CompaniesAthletic Field Development-$337,235
Cross Creek ConstructionAthletic Field Development-$201,060
Vision Of Elk RiverTransportation-$152,032
Revenue and Support

Revenue Composition

Contributions and Grants
$5,505,944
Program Service Revenue
$255,450
Investment Income
$0
Other Revenue
$113,068
All Other Contributions
$86,301
Change in Net Assets
$341,974

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,128,359
Revenue Not Reported on Financial Statements
$746,103
Revenue Not Reported on Form 990
$746,246
Other Revenue Adjustments
$746,103
Total Revenue per Audited Statements
$5,874,605
Total Revenue per Form 990
$5,874,462
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,127,391
Other Expenses$2,399,897
Grants and Similar Amounts Paid$5,200
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,968,177$334,116-$2,302,293
Occupancy$966,291$65,393-$1,031,684
Fees for Services Other$399,387$169,791-$569,178
Office Expenses$163,566$142,977-$306,543
Current Officers, Directors, Trustees, and Key Employees$113,509$160,246-$273,755
Payroll Taxes$152,895$37,375-$190,270
Other Employee Benefits$142,420$39,388-$181,808
Pension Plan Contributions$143,985$35,280-$179,265
Information Technology$80,466$19,472-$99,938
Travel$70,207$1,548-$71,755
Depreciation Depletion$70,455$305-$70,760
All Other Expenses$44,194--$44,194
Interest$15,023--$15,023
Grants to Domestic Individuals$5,200--$5,200
Other Expenses$0$4,201-$4,201
Total Functional Expenses$4,498,415$1,034,073$0$5,532,488

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,264,580
Total Expenses per Form 990$5,532,488
Expenses per Audited Statements$4,786,385
Expenses Not Reported on Form 990$1,478,195
Expenses Not Reported on Financial Statements$746,103
Other Expense Adjustments$746,103
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,086
Fundraising Direct Expenses$0
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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 8B

“There are no such committees.”

Form 990, Part VI, Section B, Line 11

“A draft of form 990 is reviewed by management prior to approval and signature.”

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

“Every transaction being processed or discussed is evaluated for any conflict of interest determination. During board meetings when discussions arise regarding proposed plans or purchases, board members are informed about their possibility of conflict. It is also noted to employees that if they have any role in a business that the school does business with they may be in conflict and school may not be able to conduct business with that company.”

Form 990, Part VI, Section B, Line 15

“Spectrum uses a review process of other area charter schools in determining the salary compensation for the employee of the district. The executive director's salary is determined on comparable salaries of other charter schools as well as local public schools.”

Form 990, Part VI, Section C, Line 19

“Public documents would be made available upon request.”

Filing and Contact Details

Filer

EIN
37-1518372
Phone
7632418703

Signing Officer

Name
Vanessta Spark
Title
Executive Director
Phone
7632418703
Signed
2015-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vanessta Spark
Formed
2005
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
5
Employees
139
Volunteers
20

Preparer

Preparer
Ashley C Rehn CPA
Phone
6514267000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted transportation: program service expenses 163,987. Management and general expenses 0. Fundraising expenses 0. Total expenses 163,987. Contracted services: program service expenses 152,277. Management and general expenses 169,791. Fundraising expenses 0. Total expenses 322,068. Other fees: program service expenses 83,123. Management and general expenses 0. Fundraising expenses 0. Total expenses 83,123.”

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.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Revenues reported by spectrum building company 746,246.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental income paid to spectrum building company 746,103.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses reported by spectrum building company 1,478,195.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Rents paid to spectrum building company 746,103.”

Raw XML AppendixShowing 400 of 523 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/BOYAmt0286160
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0359441
IRS990/AccountsReceivableGrp/BOYAmt0456153
IRS990/AccountsReceivableGrp/EOYAmt029018
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PUBLIC CHARTER SCHOOL GRADES 6-12.
IRS990/AllOtherContributionsAmt086301
IRS990/AllOtherExpensesGrp/ProgramServicesAmt044194
IRS990/AllOtherExpensesGrp/TotalAmt044194
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10BKDA
IRS990/BooksInCareOfDetail/PhoneNum06514632233
IRS990/BooksInCareOfDetail/USAddress/AddressLine1022488 CHIPPENDALE AVE
IRS990/BooksInCareOfDetail/USAddress/City0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/State0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCode055024
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0988336
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt01330310
IRS990/CashNonInterestBearingGrp/EOYAmt01035825
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0160246
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0113509
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0273755
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0337235
IRS990/ContractorCompensationGrp/CompensationAmt1201060
IRS990/ContractorCompensationGrp/CompensationAmt2152032
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine108326 WYOMING TRAIL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1125575 102 1/2 STREET NW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1210606 NW HEMLOCK STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0CHISAGO CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City1ZIMMERMAN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City2ANNANDALE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State1MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State2MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode055013
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode155398
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode255302
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10PETERSON COMPANIES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine11CROSS CREEK CONSTRUCTION
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine12VISION OF ELK RIVER
IRS990/ContractorCompensationGrp/ServicesDesc0ATHLETIC FIELD DEVELOPMENT
IRS990/ContractorCompensationGrp/ServicesDesc1ATHLETIC FIELD DEVELOPMENT
IRS990/ContractorCompensationGrp/ServicesDesc2TRANSPORTATION
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05505944
IRS990/CYGrantsAndSimilarPaidAmt05200
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02399897
IRS990/CYOtherRevenueAmt0113068
IRS990/CYProgramServiceRevenueAmt0255450
IRS990/CYRevenuesLessExpensesAmt0341974
IRS990/CYSalariesCompEmpBnftPaidAmt03127391
IRS990/CYTotalExpensesAmt05532488
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05874462
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt07085
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0305
IRS990/DepreciationDepletionGrp/ProgramServicesAmt070455
IRS990/DepreciationDepletionGrp/TotalAmt070760
IRS990/Desc0IN ORDER TO SUPPORT SPECTRUM HIGH SCHOOL'S MISSION, TO FOSTER ACADEMIC AND PERSONAL EXCELLENCE THROUGH A PROGRAM EMPHASIZING HIGH ACADEMIC STANDARDS AND A SMALL SCHOOL SETTING, SPECTRUM HIGH SCHOOL SERVED APPROXIMATELY 520 STUDENTS IN GRADES 6-12.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0139
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04498415
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0169791
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0399387
IRS990/FeesForServicesOtherGrp/TotalAmt0569178
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt710.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt519790
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt817043
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt938107
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVE LUCAS
IRS990/Form990PartVIISectionAGrp/PersonNm1MIKE WIYNINGER
IRS990/Form990PartVIISectionAGrp/PersonNm2KERRY JERRED
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm4DON STAUFFER
IRS990/Form990PartVIISectionAGrp/PersonNm5ANTHONY BRUNT
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBIN SCHELSKI
IRS990/Form990PartVIISectionAGrp/PersonNm7TOM SAGSTETTER
IRS990/Form990PartVIISectionAGrp/PersonNm8CORI MORROW
IRS990/Form990PartVIISectionAGrp/PersonNm9VANESSTA SPARK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt534808
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt833752
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9103241
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt08086
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt05419643
IRS990/GrantAmt05200
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt05200
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05200
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05874462
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt019472
IRS990/InformationTechnologyGrp/ProgramServicesAmt080466
IRS990/InformationTechnologyGrp/TotalAmt099938
IRS990/InterestGrp/ProgramServicesAmt015023
IRS990/InterestGrp/TotalAmt015023
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0251528
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0375967
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0360606
IRS990/LandBldgEquipCostOrOtherBssAmt0612134
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF SPECTRUM HIGH SCHOOL IS TO ENCOURAGE STUDENTS TO ATTAIN THEIR MAXIMUM POTENTIAL THROUGH A 3-DIMENSIONAL STRATEGY EMPHASIZING - COLLEGE PREPARATORY CURRICULUM, A TECHNOLOGY-RICH ENVIRONMENT, AND COMMUNITY-BASED OUTREACH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0313034
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0214081
IRS990/NetAssetsOrFundBalancesBOYAmt0988336
IRS990/NetAssetsOrFundBalancesEOYAmt01330310
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt08086
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08086
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt065393
IRS990/OccupancyGrp/ProgramServicesAmt0966291
IRS990/OccupancyGrp/TotalAmt01031684
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0142977
IRS990/OfficeExpensesGrp/ProgramServicesAmt0163566
IRS990/OfficeExpensesGrp/TotalAmt0306543
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt039388
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0142420
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0181808
IRS990/OtherExpensesGrp/Desc0FOOD & MILK
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc3SMALL EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0218
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt123763
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24201
IRS990/OtherExpensesGrp/ProgramServicesAmt074674
IRS990/OtherExpensesGrp/ProgramServicesAmt166114
IRS990/OtherExpensesGrp/ProgramServicesAmt221852
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt074892
IRS990/OtherExpensesGrp/TotalAmt166114
IRS990/OtherExpensesGrp/TotalAmt245615
IRS990/OtherExpensesGrp/TotalAmt34201
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0104982
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0104982
IRS990/OtherRevenueTotalAmt0104982
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0334116
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01968177
IRS990/OtherSalariesAndWagesGrp/TotalAmt02302293
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt037375
IRS990/PayrollTaxesGrp/ProgramServicesAmt0152895
IRS990/PayrollTaxesGrp/TotalAmt0190270
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt035280
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0143985
IRS990/PensionPlanContributionsGrp/TotalAmt0179265
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0692895
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0466636
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt069600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011747
IRS990/PrincipalOfficerNm0VANESSTA SPARK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt072509
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0182941
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0182941
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt172509
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04951592
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03138
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02122529
IRS990/PYOtherRevenueAmt063281
IRS990/PYProgramServiceRevenueAmt0251044
IRS990/PYRevenuesLessExpensesAmt0416136
IRS990/PYSalariesCompEmpBnftPaidAmt02724114
IRS990/PYTotalExpensesAmt04849781
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05265917
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0341974
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0182941
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0191348
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0195894
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0387242
IRS990ScheduleD/ExpensesNotReportedAmt01478195
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0746103
IRS990ScheduleD/ExpensesSubtotalAmt04786385
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0169258
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt055634
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0224892
IRS990ScheduleD/OtherExpensesIncludedAmt01478195
IRS990ScheduleD/OtherExpensesNotIncludedAmt0746103
IRS990ScheduleD/OtherRevenueAmt0746246
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0746103
IRS990ScheduleD/RevenueNotReportedAmt0746246
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0746103
IRS990ScheduleD/RevenueSubtotalAmt05128359
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/ExplanationTxt1REVENUES REPORTED BY SPECTRUM BUILDING COMPANY 746,246.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL INCOME PAID TO SPECTRUM BUILDING COMPANY 746,103.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3EXPENSES REPORTED BY SPECTRUM BUILDING COMPANY 1,478,195.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4RENTS PAID TO SPECTRUM BUILDING COMPANY 746,103.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0360606
IRS990ScheduleD/TotalExpensesPerForm990Amt05532488
IRS990ScheduleD/TotalRevenuePerForm990Amt05874462
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05874605
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06264580
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 POLICY IS COMMUNICATED ON OUR WEBSITE IN ALL SOLICITATION AND REGISTRATION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE AND FEDERAL FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL REQUIRES THE SCHOLARSHIP RECIPIENTS TO WAIT UNTIL AFTER THEIR FIRST SEMESTER OF COLLEGE TO REQUEST THE MONIES. AT THAT POINT THEY MUST SUBMIT A COPY OF THEIR SEMESTER I GRADES AND THEIR SEMESTER II ENROLLMENT SCHEDULE. THE SCHOOL THEN ISSUES THE CHECK DIRECTLY TO THE SCHOLARSHIP RECIPIENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO SUCH COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 IS REVIEWED BY MANAGEMENT PRIOR TO APPROVAL AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EVERY TRANSACTION BEING PROCESSED OR DISCUSSED IS EVALUATED FOR ANY CONFLICT OF INTEREST DETERMINATION. DURING BOARD MEETINGS WHEN DISCUSSIONS ARISE REGARDING PROPOSED PLANS OR PURCHASES, BOARD MEMBERS ARE INFORMED ABOUT THEIR POSSIBILITY OF CONFLICT. IT IS ALSO NOTED TO EMPLOYEES THAT IF THEY HAVE ANY ROLE IN A BUSINESS THAT THE SCHOOL DOES BUSINESS WITH THEY MAY BE IN CONFLICT AND SCHOOL MAY NOT BE ABLE TO CONDUCT BUSINESS WITH THAT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SPECTRUM USES A REVIEW PROCESS OF OTHER AREA CHARTER SCHOOLS IN DETERMINING THE SALARY COMPENSATION FOR THE EMPLOYEE OF THE DISTRICT. THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED ON COMPARABLE SALARIES OF OTHER CHARTER SCHOOLS AS WELL AS LOCAL PUBLIC SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PUBLIC DOCUMENTS WOULD BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACTED TRANSPORTATION: PROGRAM SERVICE EXPENSES 163,987. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 163,987. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 152,277. MANAGEMENT AND GENERAL EXPENSES 169,791. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 322,068. OTHER FEES: PROGRAM SERVICE EXPENSES 83,123. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,123.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,903,832
Liabilities
$573,522
Net assets
$1,330,310
Revenue
$5,874,462
Expenses
$5,532,488
Net income
$341,974
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$8.83$2.23$10.2$9.71$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.27$9.09$2.83$9.36$9.28$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.50$9.93$2.43$9.08$9.04$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.26$10.1$1.85$9.04$9.04$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$12.7$1.75$8.23$9.38$1.15
2016Detailed filing. Detailed filing data is available for this year.$3.43$4.03$0.60$7.55$7.25$0.30
2015Detailed filing. Detailed filing data is available for this year.$2.67$3.57$0.90$6.89$6.54$0.35
2014Detailed filing. Detailed filing data is available for this year.$1.90$0.57$1.33$5.87$5.53$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.61$0.99$4.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$1.41$0.57$3.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.68$0.31$2.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.37$0.08$2.06