Civic Intelligence

Spectrum High School

990 • Fiscal year 2015 • EIN 37-1518372

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 29, 2016

Organization ProfileWWW.SPECTRUMHIGHSCHOOL.ORG
17796 Industrial Circle NWElk River, MN 55330

(763) 241-8703

Siviq Scores

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

Liabilities / Assets

97th percentile

1.34x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

0.52x

Higher debt load relative to revenue than 71% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

57th percentile

5.0%

Higher net margin than 57% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

68th percentile

$164,463

Higher top officer pay than 68% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

91st percentile

40%

Faster asset growth than 91% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

76th percentile

17%

Faster revenue growth than 76% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$2,669,341

Up $765,509 (+40%) from 2014

Net Assets

Down

-$899,759

Down $2,230,069 (-168%) from 2014

Liabilities

Up

$3,569,100

Up $2,995,578 (+522%) from 2014

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin57th percentile

Revenue

Up

$6,891,275

Up $1,016,813 (+17%) from 2014

Expenses

Up

$6,544,247

Up $1,011,759 (+18%) from 2014

Net Income

Up

$347,028

Up $5,054 (+1.5%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth91st 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

2015

Assets$2,669,341
Liabilities$3,569,100
Net Assets-$899,759
Open 2015 Filing

Operations Trend

Revenue Growth76th percentile

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

2015

Revenue$6,891,275
Expenses$6,544,247
Net Income$347,028
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 29, 2016
Return Version
2014v6.0
Gross Receipts
$6,891,275
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
Cash and Non-Interest-Bearing Accounts$1,035,825$1,086,377▲ $50,552
Pledges and Grants Receivable$466,636$522,032▲ $55,396
Land, Buildings, and Equipment, Net$360,606$352,899▼ $7,707
Prepaid Expenses and Deferred Charges$11,747$43,649▲ $31,902
Accounts Receivable$29,018$15,097▼ $13,921
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$1,330,310$-899,759▼ $2,230,069
Total Assets$1,903,832$2,669,341▲ $765,509
Other Assets Total$0$649,287▲ $649,287
Liabilities
Accounts Payable and Accrued Expenses$359,441$2,738,854▲ $2,379,413
Deferred Revenue$0$726,030▲ $726,030
Mortgage Notes Payable Secured by Investment Property$214,081$104,216▼ $109,865
Total Liabilities$573,522$3,569,100▲ $2,995,578
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,330,310$-899,759▼ $2,230,069
Total Liabilities and Net Assets / Fund Balance$1,903,832$2,669,341▲ $765,509

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$189,294$254,240$443,534
Leasehold Improvements$163,605$78,761$242,366
Other Assets Org$47,715--
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vanessta SparkExecutive DirectorFT$116,801$47,662$164,463
Anthony BruntBoard Member/teacherFT$37,003$23,432$60,435
Jessica KemnitzBoard Member/teacherFT$44,806$11,272$56,078

Board Members and Trustees

NameTitle
Dave LucasBoard Chair
Tom SagstetterBoard Vice Chair
Robert RogersBoard Member
Robin SchelskiBoard Member
Kerry JerredBoard Secretary
Jeff UeckerBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Vision Of Elk RiverTransportation10606 NW HEMLOCK STREET, Annandale, MN 55302$164,633
Revenue and Support

Revenue Composition

Contributions and Grants
$6,473,665
Program Service Revenue
$306,276
Investment Income
$0
Other Revenue
$111,334
All Other Contributions
$95,660
Change in Net Assets
$347,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,708,689
Other Expenses$2,828,208
Grants and Similar Amounts Paid$7,350
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,320,112$437,450-$2,757,562
Occupancy$1,186,739$75,475-$1,262,214
Fees for Services Other$503,702$192,171-$695,873
Office Expenses$190,601$158,879-$349,480
Current Officers, Directors, Trustees, and Key Employees$121,808$154,678-$276,486
Other Employee Benefits$160,081$66,972-$227,053
Payroll Taxes$181,092$44,456-$225,548
Pension Plan Contributions$178,419$43,621-$222,040
Depreciation Depletion$81,168$305-$81,473
Information Technology$61,530$17,105-$78,635
Other Expenses$49,643$215-$49,858
Travel$40,445$2,252-$42,697
Grants to Domestic Individuals$7,350--$7,350
Interest$2,177--$2,177
Total Functional Expenses$5,313,492$1,230,755$0$6,544,247
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,622
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

Filer Name
Spectrum High School
EIN
37-1518372
Phone
7632418703
Address
17796 INDUSTRIAL CIRCLE NW, ELK RIVER, MN 55330

Signing Officer

Name
Vanessta Spark
Title
Executive Director
Phone
7632418703
Signed
2016-03-29
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
162
Volunteers
20

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

“Contracted transportation: program service expenses 233,411. Management and general expenses 0. Fundraising expenses 0. Total expenses 233,411. Contracted services: program service expenses 182,887. Management and general expenses 192,171. Fundraising expenses 0. Total expenses 375,058. Other fees: program service expenses 87,404. Management and general expenses 0. Fundraising expenses 0. Total expenses 87,404.”

Financial Statement Notes

PART X, LINE 2:

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

Raw XML AppendixShowing 400 of 492 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/BOYAmt0359441
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02738854
IRS990/AccountsReceivableGrp/BOYAmt029018
IRS990/AccountsReceivableGrp/EOYAmt015097
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PUBLIC CHARTER SCHOOL GRADES 6-12.
IRS990/AllOtherContributionsAmt095660
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BKDA
IRS990/BooksInCareOfDetail/PhoneNum06514632233
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt022488 CHIPPENDALE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FARMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055024
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt01330310
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0-899759
IRS990/CashNonInterestBearingGrp/BOYAmt01035825
IRS990/CashNonInterestBearingGrp/EOYAmt01086377
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0154678
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0121808
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0276486
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0164633
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt010606 NW HEMLOCK STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ANNANDALE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055302
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0VISION OF ELK RIVER
IRS990/ContractorCompensationGrp/ServicesDesc0TRANSPORTATION
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06473665
IRS990/CYGrantsAndSimilarPaidAmt07350
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02828208
IRS990/CYOtherRevenueAmt0111334
IRS990/CYProgramServiceRevenueAmt0306276
IRS990/CYRevenuesLessExpensesAmt0347028
IRS990/CYSalariesCompEmpBnftPaidAmt03708689
IRS990/CYTotalExpensesAmt06544247
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06891275
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt0726030
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0305
IRS990/DepreciationDepletionGrp/ProgramServicesAmt081168
IRS990/DepreciationDepletionGrp/TotalAmt081473
IRS990/Desc0IN ORDER TO SUPPORT SPECTRUM HIGH SCHOOL'S VISION, TO BE A LEADER IN FOSTERING ACADEMIC AND PERSONAL EXCELLENCE THROUGH A PROGRAM EMPHASIZING HIGH ACADEMIC STANDARDS IN A SMALL-SCHOOL SETTING, SPECTRUM HIGH SCHOOL SERVED APPROXIMATELY 607 STUDENTS IN GRADES 6-12.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0162
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05313492
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0192171
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0503702
IRS990/FeesForServicesOtherGrp/TotalAmt0695873
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt710.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt323432
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt611272
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt847662
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVE LUCAS
IRS990/Form990PartVIISectionAGrp/PersonNm1KERRY JERRED
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm3ANTHONY BRUNT
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBIN SCHELSKI
IRS990/Form990PartVIISectionAGrp/PersonNm5TOM SAGSTETTER
IRS990/Form990PartVIISectionAGrp/PersonNm6JESSICA KEMNITZ
IRS990/Form990PartVIISectionAGrp/PersonNm7JEFF UECKER
IRS990/Form990PartVIISectionAGrp/PersonNm8VANESSTA SPARK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt337003
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt644806
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8116801
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/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt011622
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt06378005
IRS990/GrantAmt07350
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt07350
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt07350
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06891275
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt017105
IRS990/InformationTechnologyGrp/ProgramServicesAmt061530
IRS990/InformationTechnologyGrp/TotalAmt078635
IRS990/InterestGrp/ProgramServicesAmt02177
IRS990/InterestGrp/TotalAmt02177
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0333001
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0360606
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0352899
IRS990/LandBldgEquipCostOrOtherBssAmt0685900
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 IN ATTAINING THEIR MAXIMUM POTENTIAL THROUGH A 3-DIMENSIONAL STRATEGY EMPHASIZING - COLLEGE PREPARATORY CURRICULUM, A TECHNOLOGY INTEGRATED ENVIRONMENT, AND COMMUNITY-BASED OUTREACH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0214081
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0104216
IRS990/NetAssetsOrFundBalancesBOYAmt01330310
IRS990/NetAssetsOrFundBalancesEOYAmt0-899759
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt011622
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt011622
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt075475
IRS990/OccupancyGrp/ProgramServicesAmt01186739
IRS990/OccupancyGrp/TotalAmt01262214
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0158879
IRS990/OfficeExpensesGrp/ProgramServicesAmt0190601
IRS990/OfficeExpensesGrp/TotalAmt0349480
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0649287
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt066972
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0160081
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0227053
IRS990/OtherExpensesGrp/Desc0FOOD & MILK
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt137176
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2215
IRS990/OtherExpensesGrp/ProgramServicesAmt0100336
IRS990/OtherExpensesGrp/ProgramServicesAmt189850
IRS990/OtherExpensesGrp/ProgramServicesAmt238439
IRS990/OtherExpensesGrp/ProgramServicesAmt349643
IRS990/OtherExpensesGrp/TotalAmt0100336
IRS990/OtherExpensesGrp/TotalAmt189850
IRS990/OtherExpensesGrp/TotalAmt275615
IRS990/OtherExpensesGrp/TotalAmt349858
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt099712
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt099712
IRS990/OtherRevenueTotalAmt099712
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0437450
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02320112
IRS990/OtherSalariesAndWagesGrp/TotalAmt02757562
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt044456
IRS990/PayrollTaxesGrp/ProgramServicesAmt0181092
IRS990/PayrollTaxesGrp/TotalAmt0225548
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt043621
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0178419
IRS990/PensionPlanContributionsGrp/TotalAmt0222040
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0466636
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0522032
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011747
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt043649
IRS990/PrincipalOfficerNm0VANESSTA SPARK
IRS990/PriorPeriodAdjustmentsAmt0-2577097
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt085532
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0220744
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0220744
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt185532
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05505944
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt05200
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02399897
IRS990/PYOtherRevenueAmt0113068
IRS990/PYProgramServiceRevenueAmt0255450
IRS990/PYRevenuesLessExpensesAmt0341974
IRS990/PYSalariesCompEmpBnftPaidAmt03127391
IRS990/PYTotalExpensesAmt05532488
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05874462
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0347028
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0220744
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/BookValueAmt0189294
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0254240
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0443534
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0163605
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt078761
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0242366
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0601572
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt147715
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM BUILDING COMPANY
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/TotalBookValueLandBuildingsAmt0352899
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0649287
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/CashGrantAmt07350
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt013
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 233,411. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 233,411. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 182,887. MANAGEMENT AND GENERAL EXPENSES 192,171. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 375,058. OTHER FEES: PROGRAM SERVICE EXPENSES 87,404. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,404.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0SPECTRUM HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SPECTRUM BUILDING COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0260425207
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOLD AND LEASE SCHOOL FACILITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt017796 INDUSTRIAL CIR NW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ELK RIVER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055330
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01065152

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,669,341
Liabilities
$3,569,100
Net assets
-$899,759
Revenue
$6,891,275
Expenses
$6,544,247
Net income
$347,028
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