Civic Intelligence

Pact Charter School

990 • Fiscal year 2024 • EIN 41-1775865

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 03, 2025

Organization Profilewww.pact.charter.k12.mn.us
7250 E Ramsey PkwyRamsey, MN 55303

(763) 712-4200

Siviq Scores

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

Liabilities / Assets

96th percentile

1.12x

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.43x

Higher debt load relative to revenue than 66% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

27th percentile

-3.1%

Higher net margin than 27% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

37th percentile

$149,173

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

16th percentile

-4.9%

Faster asset growth than 16% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

43%

Faster revenue growth than 83% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$5,624,341

Down $288,263 (-4.9%) from 2023

Net Assets

Down

-$647,036

Down $451,972 (-232%) from 2023

Liabilities

Up

$6,271,377

Up $163,709 (+2.7%) from 2023

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin27th percentile

Revenue

Up

$14,505,532

Up $4,383,885 (+43%) from 2023

Expenses

Up

$14,957,504

Up $5,750,109 (+62%) from 2023

Net Income

Down

-$451,972

Down $1,366,224 (-149%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $2,994,266Liabilities 2011: $396,570Net Assets 2011: $2,597,6962011Assets 2012: $3,353,652Liabilities 2012: $416,489Net Assets 2012: $2,937,1632012Assets 2013: $3,566,815Liabilities 2013: $488,618Net Assets 2013: $3,078,1972013Assets 2014: $3,479,610Liabilities 2014: $529,838Net Assets 2014: $2,949,7722014Assets 2015: $3,479,592Liabilities 2015: $4,350,743Net Assets 2015: -$871,1512015Assets 2016: $3,897,986Liabilities 2016: $4,611,217Net Assets 2016: -$713,2312016Assets 2017: $10,338,910Liabilities 2017: $12,295,861Net Assets 2017: -$1,956,9512017Assets 2018: $8,590,024Liabilities 2018: $11,761,685Net Assets 2018: -$3,171,6612018Assets 2019: $7,424,818Liabilities 2019: $9,104,952Net Assets 2019: -$1,680,1342019Assets 2020: $6,358,778Liabilities 2020: $8,116,050Net Assets 2020: -$1,757,2722020Assets 2021: $5,704,270Liabilities 2021: $7,254,956Net Assets 2021: -$1,550,6862021Assets 2022: $5,812,709Liabilities 2022: $6,922,025Net Assets 2022: -$1,109,3162022Assets 2023: $5,912,604Liabilities 2023: $6,107,668Net Assets 2023: -$195,0642023Assets 2024: $5,624,341Liabilities 2024: $6,271,377Net Assets 2024: -$647,0362024

Highlighted filing

2024

Assets$5,624,341
Liabilities$6,271,377
Net Assets-$647,036
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,325,3572011Revenue 2012: $5,961,220Expenses 2012: $5,621,753Net Income 2012: $339,4672012Expenses 2013: $6,122,9902013Revenue 2014: $6,456,676Expenses 2014: $6,585,101Net Income 2014: -$128,4252014Revenue 2015: $6,619,076Expenses 2015: $7,005,757Net Income 2015: -$386,6812015Revenue 2016: $7,341,531Expenses 2016: $7,183,611Net Income 2016: $157,9202016Revenue 2017: $7,239,733Expenses 2017: $8,483,453Net Income 2017: -$1,243,7202017Revenue 2018: $7,226,435Expenses 2018: $8,441,145Net Income 2018: -$1,214,7102018Revenue 2019: $8,663,753Expenses 2019: $7,172,226Net Income 2019: $1,491,5272019Revenue 2020: $7,543,167Expenses 2020: $7,620,305Net Income 2020: -$77,1382020Revenue 2021: $7,920,271Expenses 2021: $7,713,685Net Income 2021: $206,5862021Revenue 2022: $8,450,836Expenses 2022: $8,009,466Net Income 2022: $441,3702022Revenue 2023: $10,121,647Expenses 2023: $9,207,395Net Income 2023: $914,2522023Revenue 2024: $14,505,532Expenses 2024: $14,957,504Net Income 2024: -$451,9722024

Highlighted filing

2024

Revenue$14,505,532
Expenses$14,957,504
Net Income-$451,972
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 3, 2025
Return Version
2023v6.0
Gross Receipts
$14,517,302
Mission and Program Overview

Mission

Prepare students for college and life-long learning; promote positive character development; and pursue a community atmosphere of mutual respect.

Partnering as parents, students, and staff to develop students of character and academic excellence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,357,633$2,376,262▲ $1,018,629
Cash and Non-Interest-Bearing Accounts$2,508,415$993,234▼ $1,515,181
Land, Buildings, and Equipment, Net$399,234$814,560▲ $415,326
Prepaid Expenses and Deferred Charges$147,103$200,349▲ $53,246
Accounts Receivable$24,596$5,065▼ $19,531
Total Assets$5,912,604$5,624,341▼ $288,263
Other Assets Total$1,475,623$1,234,871▼ $240,752
Liabilities
Other Liabilities$5,477,777$5,222,615▼ $255,162
Accounts Payable and Accrued Expenses$620,292$1,039,084▲ $418,792
Deferred Revenue$9,599$9,678▲ $79
Total Liabilities$6,107,668$6,271,377▲ $163,709
Net Assets / Fund Balance
Net Assets With Donor Restrictions$62,935$62,935→ $0
Net Assets Without Donor Restrictions$-257,999$-709,971▼ $451,972
Total Net Assets Fund Balance$-195,064$-647,036▼ $451,972
Total Liabilities and Net Assets / Fund Balance$5,912,604$5,624,341▼ $288,263

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$707,656$926,171$1,633,827
Leasehold Improvements$106,904$503,662$610,566
Other Assets Org$5,500--
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joshua NyquistExecutive DirectorFT$119,891$29,282$149,173
Romelle PornschloeglED of Secondary EducationFT$123,936$9,186$133,122
Paul ScanlonED of Elementary EducationFT$121,194$8,996$130,190
Ann OstendorfSecretary / Teacher MemberFT$49,308$16,070$65,378
Jason TosseyVice Chair / TeacherFT$48,921$4,179$53,100

Board Members and Trustees

NameTitle
Ryan HeinemanChair / Parent Member
Nicole RhoadCommunity Member
Chad LucasParent Member
Jason BuschParent Member
Brad LawrenceTreasurer / Parent Member
Revenue and Support

Revenue Composition

Contributions and Grants
$14,178,940
Program Service Revenue
$185,742
Investment Income
$75,679
Other Revenue
$65,171
All Other Contributions
$18,742
Change in Net Assets
$-451,972
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,117,642
Other Expenses$5,839,862
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,770,594$827,914-$6,598,508
Occupancy$1,902,167--$1,902,167
Fees for Services Other$1,469,291$192,558-$1,661,849
Other Employee Benefits$770,052$127,134-$897,186
Pension Plan Contributions$517,182$77,267-$594,449
Current Officers, Directors, Trustees, and Key Employees$450,962$65,455-$516,417
Payroll Taxes$445,554$65,528-$511,082
Information Technology$302,022$99,154-$401,176
Office Expenses$370,017$11,877-$381,894
Depreciation Depletion$144,683$1,495-$146,178
All Other Expenses$60,570$41,552-$102,122
Fees for Services Accounting-$95,768-$95,768
Insurance$90,896$3,704-$94,600
Other Expenses$84,654--$84,654
Travel$59,598$4,729-$64,327
Fees for Services Legal-$10,688-$10,688
Total Functional Expenses$13,332,681$1,624,823$0$14,957,504
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$4,909,891
Deferred Inflow of Pension Resources$312,724
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 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
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 B, line 11B

“The Form 990 is prepared by an independent accountant and reviewed in detail by the Organization's finance manager, board treasurer, and administrator. The final draft is made available to the board prior to filing.”

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

“Board members, committee members, and school employees sign a conflict of interest policy requiring disclosure of any potential known conflicts. This is required as conflicts come up throughout the year as well. Individuals with potential conflicts of interest shall disclose all material facts to the board of directors. Transactions where a conflict has been determined to exist may be undertaken if the interest is disclosed or known to the board of directors; the board approves, authorizes, or ratifies the action in good faith; the approval is by a majority of directors (not counting the interested person); and the action takes place at a meeting where quorum is present (not counting the interested director). All proceedings related to the conflicts of interest are documented in the meeting minutes clearly reflecting that all of the requirements of the school's conflict of interest policy have been met. Individuals that are determined to have a conflict of interest may be present for discussion and to answer questions, but may not advocate for the action to be taken and must leave the room when the vote is taken.”

Form 990, Part VI, Section B, line 15

“The Board of Directors reviews and approves all compensation.”

Form 990, Part VI, Section C, line 19

“The Organization makes its documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
PACT Charter School
EIN
41-1775865
Phone
7637124200
Address
7250 E Ramsey Pkwy, Ramsey, MN 55303

Signing Officer

Name
Bradley Lawrence
Title
Treasurer
Phone
7637124200
Signed
2025-04-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Nyquist
Formed
1994
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
5
Employees
219
Volunteers
352

Preparer

Firm
Abdo LLP
Address
5201 Eden Ave Ste 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Other Education Contracted Services: Program service expenses 1,469,291. Management and general expenses 192,558. Fundraising expenses 0. Total expenses 1,661,849.”

Form 990, Part XII, Line 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2024, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.”

Raw XML AppendixShowing 400 of 496 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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IRS990/Desc0PACT provides a comprehensive educational program for approximately 1081 students, grades K-12. Regular school year was from September 5, 2023 - June 6, 2024; extended year summer school is available for qualifying special education students. Parents and students are looking for choices in education and like the array of programs, the small school atmosphere, the student achievement and parent involvement provided by PACT Charter School. There were approximately XXX students who applied for new enrollment for the 2023-2024 school year. The composition of the 2023-2024 student population is 80% White, 9.5% Black, 3.7% Hispanic, 0.6% Asian, 0.3% Hawaiian/Pacific Islander, 0.2% American Indian and 5.2% two or more races. 52% are male and 48% are female
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Partnering as parents, students, and staff to develop students of character and academic excellence.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-195064
IRS990/NetAssetsOrFundBalancesEOYAmt0-647036
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt07787
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07787
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-257999
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-709971
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01902167
IRS990/OccupancyGrp/TotalAmt01902167
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011877
IRS990/OfficeExpensesGrp/ProgramServicesAmt0370017
IRS990/OfficeExpensesGrp/TotalAmt0381894
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01475623
IRS990/OtherAssetsTotalGrp/EOYAmt01234871
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0127134
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0770052
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0897186
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Other Expenses
IRS990/OtherExpensesGrp/Desc2Repair and Maintenance
IRS990/OtherExpensesGrp/Desc3Equipment
IRS990/OtherExpensesGrp/ProgramServicesAmt0363852
IRS990/OtherExpensesGrp/ProgramServicesAmt1361276
IRS990/OtherExpensesGrp/ProgramServicesAmt2169311
IRS990/OtherExpensesGrp/ProgramServicesAmt384654
IRS990/OtherExpensesGrp/TotalAmt0363852
IRS990/OtherExpensesGrp/TotalAmt1361276
IRS990/OtherExpensesGrp/TotalAmt2169311
IRS990/OtherExpensesGrp/TotalAmt384654
IRS990/OtherLiabilitiesGrp/BOYAmt05477777
IRS990/OtherLiabilitiesGrp/EOYAmt05222615
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Pension Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt065171
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt065171
IRS990/OtherRevenueTotalAmt065171
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0827914
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05770594
IRS990/OtherSalariesAndWagesGrp/TotalAmt06598508
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt065528
IRS990/PayrollTaxesGrp/ProgramServicesAmt0445554
IRS990/PayrollTaxesGrp/TotalAmt0511082
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt077267
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0517182
IRS990/PensionPlanContributionsGrp/TotalAmt0594449
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01357633
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02376262
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0147103
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0200349
IRS990/PrincipalOfficerNm0Josh Nyquist
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2722210
IRS990/ProgramServiceRevenueGrp/Desc0Student Activities
IRS990/ProgramServiceRevenueGrp/Desc1Fees From Patrons
IRS990/ProgramServiceRevenueGrp/Desc2Food Services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt091828
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt189461
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24453
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt091828
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt189461
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24453
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09071296
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt051413
IRS990/PYOtherExpensesAmt03456564
IRS990/PYOtherRevenueAmt0813277
IRS990/PYProgramServiceRevenueAmt0185661
IRS990/PYRevenuesLessExpensesAmt0914252
IRS990/PYSalariesCompEmpBnftPaidAmt05750831
IRS990/PYTotalExpensesAmt09207395
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010121647
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-451972
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0250913
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/BookValueAmt0707656
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0926171
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01633827
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0106904
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0503662
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0610566
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01229371
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflow of Pension Resources
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Due from other funds
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04909891
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1312724
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflow of Pension Resources
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2024, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0814560
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01234871
IRS990ScheduleD/TotalLiabilityAmt05222615
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/ExplanationTxt0Publicity brochures and the School's website explain the School's non-discriminatory policy.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School recieved federal and state funding.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by an independent accountant and reviewed in detail by the Organization's finance manager, board treasurer, and administrator. The final draft is made available to the board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members, committee members, and school employees sign a conflict of interest policy requiring disclosure of any potential known conflicts. This is required as conflicts come up throughout the year as well. Individuals with potential conflicts of interest shall disclose all material facts to the board of directors. Transactions where a conflict has been determined to exist may be undertaken if the interest is disclosed or known to the board of directors; the board approves, authorizes, or ratifies the action in good faith; the approval is by a majority of directors (not counting the interested person); and the action takes place at a meeting where quorum is present (not counting the interested director). All proceedings related to the conflicts of interest are documented in the meeting minutes clearly reflecting that all of the requirements of the school's conflict of interest policy have been met. Individuals that are determined to have a conflict of interest may be present for discussion and to answer questions, but may not advocate for the action to be taken and must leave the room when the vote is taken.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors reviews and approves all compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization makes its documents available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other Education Contracted Services: Program service expenses 1,469,291. Management and general expenses 192,558. Fundraising expenses 0. Total expenses 1,661,849.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0PACT Charter School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PCS Building Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0300065147
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School Building Leasing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 12a, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07250 E Ramsey Parkway
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Ramsey
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055303
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,624,341
Liabilities
$6,271,377
Net assets
-$647,036
Revenue
$14,505,532
Expenses
$14,957,504
Net income
-$451,972
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.62$6.27$0.65$14.5$15.0$0.45
2023Summary only. Only limited summary data is available for this year.$5.91$6.11$0.20$10.1$9.21$0.91
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.81$6.92$1.11$8.45$8.01$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$7.25$1.55$7.92$7.71$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.36$8.12$1.76$7.54$7.62$0.08
2019Summary only. Only limited summary data is available for this year.$7.42$9.10$1.68$8.66$7.17$1.49
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.59$11.8$3.17$7.23$8.44$1.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$12.3$1.96$7.24$8.48$1.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$4.61$0.71$7.34$7.18$0.16
2015Detailed filing. Detailed filing data is available for this year.$3.48$4.35$0.87$6.62$7.01$0.39
2014Detailed filing. Detailed filing data is available for this year.$3.48$0.53$2.95$6.46$6.59$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$0.49$3.08$6.12
2012Summary only. Only limited summary data is available for this year.$3.35$0.42$2.94$5.96$5.62$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$0.40$2.60$5.33