Civic Intelligence

Legacy Christian Academy

990 • Fiscal year 2015 • EIN 41-1868252

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 18, 2016

Organization ProfileWWW.LCAMN.ORG

View Organization Page

3037 NW Bunker Lake BlvdAndover, MN 55304

(763) 427-4595

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.14x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.47x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

61st percentile

$83,206

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

4th percentile

-30%

Faster asset growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

39th percentile

-0.5%

Faster revenue growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$1,603,669

Down $687,982 (-30%) from 2014

Net Assets

Down

-$218,084

Down $768,918 (-140%) from 2014

Liabilities

Up

$1,821,753

Up $80,936 (+4.6%) from 2014

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin14th percentile

Revenue

Down

$3,882,422

Down $18,497 (-0.5%) from 2014

Expenses

Up

$4,651,340

Up $718,192 (+18%) from 2014

Net Income

Down

-$768,918

Down $736,689 (-2286%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$30M$20M$10M$0-$10MAssets 2011: $2,113,408Liabilities 2011: $1,276,993Net Assets 2011: $836,4152011Assets 2012: $2,296,706Liabilities 2012: $1,281,467Net Assets 2012: $1,015,2392012Assets 2013: $2,399,850Liabilities 2013: $1,816,785Net Assets 2013: $583,0652013Assets 2014: $2,291,651Liabilities 2014: $1,740,817Net Assets 2014: $550,8342014Assets 2015: $1,603,669Liabilities 2015: $1,821,753Net Assets 2015: -$218,0842015Assets 2016: $1,259,475Liabilities 2016: $1,540,651Net Assets 2016: -$281,1762016Assets 2017: $1,408,893Liabilities 2017: $1,686,388Net Assets 2017: -$277,4952017Assets 2018: $1,475,110Liabilities 2018: $1,735,573Net Assets 2018: -$260,4632018Assets 2019: $4,769,760Liabilities 2019: $2,113,672Net Assets 2019: $2,656,0882019Assets 2020: $6,267,245Liabilities 2020: $2,539,050Net Assets 2020: $3,728,1952020Assets 2021: $9,094,766Liabilities 2021: $2,678,427Net Assets 2021: $6,416,3392021Assets 2022: $11,285,035Liabilities 2022: $2,952,938Net Assets 2022: $8,332,0972022Assets 2023: $22,632,163Liabilities 2023: $10,632,854Net Assets 2023: $11,999,3092023Assets 2024: $25,678,444Liabilities 2024: $10,685,965Net Assets 2024: $14,992,4792024

Highlighted filing

2015

Assets$1,603,669
Liabilities$1,821,753
Net Assets-$218,084
Open 2015 Filing

Operations Trend

Revenue Growth39th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,534,525Expenses 2011: $4,084,236Net Income 2011: $450,2892011Expenses 2012: $4,419,1762012Expenses 2013: $4,046,1872013Revenue 2014: $3,900,919Expenses 2014: $3,933,148Net Income 2014: -$32,2292014Revenue 2015: $3,882,422Expenses 2015: $4,651,340Net Income 2015: -$768,9182015Revenue 2016: $4,208,275Expenses 2016: $4,271,366Net Income 2016: -$63,0912016Revenue 2017: $4,398,475Expenses 2017: $4,394,794Net Income 2017: $3,6812017Revenue 2018: $4,585,749Expenses 2018: $4,568,717Net Income 2018: $17,0322018Revenue 2019: $8,273,923Expenses 2019: $5,406,850Net Income 2019: $2,867,0732019Revenue 2020: $6,647,163Expenses 2020: $5,575,056Net Income 2020: $1,072,1072020Revenue 2021: $9,846,552Expenses 2021: $7,158,408Net Income 2021: $2,688,1442021Revenue 2022: $10,599,224Expenses 2022: $8,663,309Net Income 2022: $1,935,9152022Revenue 2023: $12,923,934Expenses 2023: $9,256,976Net Income 2023: $3,666,9582023Revenue 2024: $13,433,597Expenses 2024: $10,457,295Net Income 2024: $2,976,3022024

Highlighted filing

2015

Revenue$3,882,422
Expenses$4,651,340
Net Income-$768,918
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 18, 2016
Return Version
2014v6.0
Gross Receipts
$4,004,724
Mission and Program Overview

Mission

Legacy christian academy is dedicated to equipping students for effective christian living by providing them with biblical truth integrated into their spiritual, academic, social and physical development.

Religious education for preschool through grade twelve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,011,196$1,195,277▲ $184,081
Accounts Receivable$133,874$179,360▲ $45,486
Land, Buildings, and Equipment, Net$1,048,688$140,903▼ $907,785
Investments in Publicly Traded Securities$73,819$69,129▼ $4,690
Prepaid Expenses and Deferred Charges$19,659$16,921▼ $2,738
Inventories for Sale or Use$4,415$2,079▼ $2,336
Total Assets$2,291,651$1,603,669▼ $687,982
Liabilities
Deferred Revenue$1,367,030$1,459,302▲ $92,272
Mortgage Notes Payable Secured by Investment Property$268,915$189,017▼ $79,898
Other Liabilities$102,131$134,146▲ $32,015
Accounts Payable and Accrued Expenses$2,741$39,288▲ $36,547
Total Liabilities$1,740,817$1,821,753▲ $80,936
Net Assets / Fund Balance
Temporarily Rstr Net Assets$53,674$72,204▲ $18,530
Unrestricted Net Assets$497,160$-290,288▼ $787,448
Total Net Assets Fund Balance$550,834$-218,084▼ $768,918
Total Liabilities and Net Assets / Fund Balance$2,291,651$1,603,669▼ $687,982

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$140,903$994,296-
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jacob MulvihillMember, Secondary PrincipaFT$83,206$83,206
Joel NydamMember, Elementary PrincipFT$82,471$82,471
Steve LarsonMember, Chair of the Board-$2,000$2,000

Board Members and Trustees

NameTitle
Jason SharpMember, Vice President
John DelichMember, Secretary
Jim JohnsonMember, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$396,226
Program Service Revenue
$3,336,569
Investment Income
$1,048
Other Revenue
$148,579
All Other Contributions
$251,658
Change in Net Assets
$-768,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,681,957
Other Expenses$1,969,383
Total Fundraising Expense$57,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,555,857$327,781$48,517$1,932,155
Depreciation Depletion-$912,849-$912,849
Other Employee Benefits$321,474$93,319$4,826$419,619
Occupancy-$333,074-$333,074
Office Expenses$91,989$98,080-$190,069
Current Officers, Directors, Trustees, and Key Employees$2,000$165,677-$167,677
Payroll Taxes$130,857$27,568$4,081$162,506
All Other Expenses$90,949$3,252-$94,201
Other Expenses$71,054$86,231-$71,054
Fees for Services Management$13,000$24,904-$37,904
Fees for Services Accounting$6,823$12,671-$19,494
Total Functional Expenses$2,387,406$2,206,510$57,424$4,651,340
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$56,054
Fundraising Gross Income$36,763
Gaming Gross Income$2,815
Gaming Direct Expenses$50
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Scramble$36,296$17,721$18,794$-1,073
Gala$89,272$13,889$21,980$-8,091
Total Events$181,330$36,762$56,053$-19,291
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Salaries and Benefits$130,146
Other Accrued Expenses$4,000
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The 990 is first reviewed by the director of operations and then by the superintendent, it is then sent to a representative from the advisory council for final review.”

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

“The officers are required to annually disclose interests that could give rise to conflicts of interest.”

Form 990, Part VI, Section C, Line 19

“Documents are made available upon request via mail or e-mail.”

Filing and Contact Details

Filer

Filer Name
Legacy Christian Academy
EIN
41-1868252
Phone
7634274595
Address
3037 NW BUNKER LAKE BLVD, ANDOVER, MN 55304

Signing Officer

Name
Joel Nydam
Title
Elementary Principal/ Board Member
Phone
7634274595
Signed
2016-02-18

Organization Details

Principal Officer
Joel Nydam
Formed
1997
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
132
Volunteers
150

Preparer

Firm
Froehling Anderson Ltd
Address
1000 SHELARD PARKWAY - SUITE 400, ST LOUIS PARK, MN 55426
Preparer
Richard Wiethorn CPA
Phone
9529793100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The board of directors assumes responsilibity for the oversight of the financial statement review.”

Financial Statement Notes

PART X, LINE 2:

“The academy has adopted the recognition requirements for uncertain income tax positions as required by the fasb asc 740-10 (formerly known as fasb interpretation no. 48, accounting for uncertainty in income taxes), with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The academy has analyzed tax positions taken for the filing with the internal revenue service and state juristiction where it operates. The academy believes the income tax filing will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the academy's financial condition, results of operations, or cash flows. Accordingly, the academy has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at june 30, 2015. The academy is subject to routine audits by taxing juristictions; however, there are currently no audits in progress for any open tax periods. The academy's open audit periods are the years ended june 30, 2012, 2013, 2014.”

Raw XML AppendixShowing 400 of 422 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/PayrollTaxesGrp/ProgramServicesAmt0130857
IRS990/PayrollTaxesGrp/TotalAmt0162506
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016921
IRS990/PrincipalOfficerNm0JOEL NYDAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03336569
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03336569
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0681521
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0852
IRS990/PYOtherExpensesAmt01335197
IRS990/PYOtherRevenueAmt0115896
IRS990/PYProgramServiceRevenueAmt03102650
IRS990/PYRevenuesLessExpensesAmt0-32229
IRS990/PYSalariesCompEmpBnftPaidAmt02597951
IRS990/PYTotalExpensesAmt03933148
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03900919
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0-768918
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03501674
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01011196
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01195277
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/BookValueAmt0140903
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0994296
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01135199
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0130146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SALARIES AND BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER ACCRUED EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY THE FASB ASC 740-10 (FORMERLY KNOWN AS FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ACADEMY HAS ANALYZED TAX POSITIONS TAKEN FOR THE FILING WITH THE INTERNAL REVENUE SERVICE AND STATE JURISTICTION WHERE IT OPERATES. THE ACADEMY BELIEVES THE INCOME TAX FILING WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ACADEMY'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ACADEMY HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2015. THE ACADEMY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISTICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. THE ACADEMY'S OPEN AUDIT PERIODS ARE THE YEARS ENDED JUNE 30, 2012, 2013, 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0140903
IRS990ScheduleD/TotalLiabilityAmt0134146
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/ExplanationTxt0LEGACY CHRISTIAN ACADEMY INCLUDES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE AS WELL AS ON ALL OF ITS ADMISSIONS DOCUMENTATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1LEGACY CHRISTIAN ACADEMY RECEIVES TITLE FUNDS THROUGH THE PUBLIC SCHOOL DISTRICT FOR TEACHER SEMINARS AND TEXTBOOKS. LEGACY CHRISTIAN ACADEMY ALSO RECEIVES SERVICES THROUGH THE LOCAL SCHOOL DISTRICT FOR NURSING SERVICES AND COUNSELING SERVICES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0144568
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt075383
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt018575
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt050610
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt056053
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF SCRAMBLE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt089272
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt036296
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt055762
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0181330
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013889
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt017721
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05152
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt036762
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-19291
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt015279
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt056053
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt021980
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt018794
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS FIRST REVIEWED BY THE DIRECTOR OF OPERATIONS AND THEN BY THE SUPERINTENDENT, IT IS THEN SENT TO A REPRESENTATIVE FROM THE ADVISORY COUNCIL FOR FINAL REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE UPON REQUEST VIA MAIL OR E-MAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ASSUMES RESPONSILIBITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt053674
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt072204
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02291651
IRS990/TotalAssetsEOYAmt01603669
IRS990/TotalAssetsGrp/BOYAmt02291651
IRS990/TotalAssetsGrp/EOYAmt01603669
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0396226
IRS990/TotalEmployeeCnt0132
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt057424
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02206510
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02387406
IRS990/TotalFunctionalExpensesGrp/TotalAmt04651340
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01740817
IRS990/TotalLiabilitiesEOYAmt01821753
IRS990/TotalLiabilitiesGrp/BOYAmt01740817
IRS990/TotalLiabilitiesGrp/EOYAmt01821753
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0550834
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-218084
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02387406
IRS990/TotalProgramServiceRevenueAmt03336569
IRS990/TotalReportableCompFromOrgAmt0167677
IRS990/TotalRevenueGrp/ExclusionAmt0-15478
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03501674
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03882422
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02291651
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01603669
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0497160
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-290288
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03037 NW BUNKER LAKE BLVD
IRS990/USAddress/CityNm0ANDOVER
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055304
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.LCAMN.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOEL NYDAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ELEMENTARY PRINCIPAL/ BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum07634274595

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$1,603,669
Liabilities
$1,821,753
Net assets
-$218,084
Revenue
$3,882,422
Expenses
$4,651,340
Net income
-$768,918
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.7$10.7$15.0$13.4$10.5$2.98
2023Detailed filing. Detailed filing data is available for this year.$22.6$10.6$12.0$12.9$9.26$3.67
2022Detailed filing. Detailed filing data is available for this year.$11.3$2.95$8.33$10.6$8.66$1.94
2021Detailed filing. Detailed filing data is available for this year.$9.09$2.68$6.42$9.85$7.16$2.69
2020Detailed filing. Detailed filing data is available for this year.$6.27$2.54$3.73$6.65$5.58$1.07
2019Detailed filing. Detailed filing data is available for this year.$4.77$2.11$2.66$8.27$5.41$2.87
2018Detailed filing. Detailed filing data is available for this year.$1.48$1.74$0.26$4.59$4.57$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.41$1.69$0.28$4.40$4.39$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.26$1.54$0.28$4.21$4.27$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.60$1.82$0.22$3.88$4.65$0.77
2014Detailed filing. Detailed filing data is available for this year.$2.29$1.74$0.55$3.90$3.93$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$1.82$0.58$4.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$1.28$1.02$4.42
2011Summary only. Only limited summary data is available for this year.$2.11$1.28$0.84$4.53$4.08$0.45