Civic Intelligence

Great Expectations School

990 • Fiscal year 2022 • EIN 41-1869463

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 31, 2023

Organization ProfileWWW.GREATEXPECTATIONSSCHOOL.COM
PO Box 310Grand Marais, MN 55604

(218) 387-9322

Siviq Scores

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

Liabilities / Assets

97th percentile

1.42x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

1.68x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

36th percentile

0.5%

Higher net margin than 36% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

46th percentile

$45,621

Higher top officer pay than 46% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

97th percentile

234%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

55th percentile

9.1%

Faster revenue growth than 55% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$2,244,811

Up $1,571,939 (+234%) from 2021

Net Assets

Up

-$948,909

Up $9,915 (+1.0%) from 2021

Liabilities

Up

$3,193,720

Up $1,562,024 (+96%) from 2021

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin36th percentile

Revenue

Up

$1,898,391

Up $158,890 (+9.1%) from 2021

Expenses

Up

$1,889,042

Up $41,666 (+2.3%) from 2021

Net Income

Up

$9,349

Up $117,224 (+109%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2010: $237,228Liabilities 2010: $146,940Net Assets 2010: $90,2882010Assets 2011: $267,618Liabilities 2011: $174,677Net Assets 2011: $92,9412011Assets 2012: $332,946Liabilities 2012: $226,909Net Assets 2012: $106,0372012Assets 2013: $213,130Liabilities 2013: $112,918Net Assets 2013: $100,2122013Assets 2014: $149,263Liabilities 2014: $60,927Net Assets 2014: $88,3362014Assets 2015: $240,192Liabilities 2015: $715,739Net Assets 2015: -$475,5472015Assets 2016: $298,086Liabilities 2016: $742,867Net Assets 2016: -$444,7812016Assets 2017: $1,585,909Liabilities 2017: $2,267,730Net Assets 2017: -$681,8212017Assets 2018: $1,284,560Liabilities 2018: $2,193,826Net Assets 2018: -$909,2662018Assets 2019: $1,225,828Liabilities 2019: $1,942,613Net Assets 2019: -$716,7852019Assets 2020: $1,006,528Liabilities 2020: $1,857,477Net Assets 2020: -$850,9492020Assets 2021: $672,872Liabilities 2021: $1,631,696Net Assets 2021: -$958,8242021Assets 2022: $2,244,811Liabilities 2022: $3,193,720Net Assets 2022: -$948,9092022Assets 2023: $2,075,154Liabilities 2023: $2,943,842Net Assets 2023: -$868,6882023Assets 2025: $1,776,003Liabilities 2025: $2,621,849Net Assets 2025: -$845,8462025

Highlighted filing

2022

Assets$2,244,811
Liabilities$3,193,720
Net Assets-$948,909
Open 2022 Filing

Operations Trend

Revenue Growth55th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $679,0302010Revenue 2011: $701,757Expenses 2011: $699,104Net Income 2011: $2,6532011Expenses 2012: $775,3522012Expenses 2013: $906,6192013Revenue 2014: $1,000,015Expenses 2014: $1,011,891Net Income 2014: -$11,8762014Revenue 2015: $1,002,673Expenses 2015: $983,512Net Income 2015: $19,1612015Revenue 2016: $1,109,365Expenses 2016: $1,078,599Net Income 2016: $30,7662016Revenue 2017: $1,345,234Expenses 2017: $1,582,274Net Income 2017: -$237,0402017Revenue 2018: $1,512,187Expenses 2018: $1,739,632Net Income 2018: -$227,4452018Revenue 2019: $1,624,778Expenses 2019: $1,432,297Net Income 2019: $192,4812019Revenue 2020: $1,702,653Expenses 2020: $1,836,817Net Income 2020: -$134,1642020Revenue 2021: $1,739,501Expenses 2021: $1,847,376Net Income 2021: -$107,8752021Revenue 2022: $1,898,391Expenses 2022: $1,889,042Net Income 2022: $9,3492022Revenue 2023: $2,218,471Expenses 2023: $2,138,250Net Income 2023: $80,2212023Revenue 2025: $2,101,875Expenses 2025: $2,065,945Net Income 2025: $35,9302025

Highlighted filing

2022

Revenue$1,898,391
Expenses$1,889,042
Net Income$9,349
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 31, 2023
Return Version
2021v4.2
Gross Receipts
$1,906,401
Mission and Program Overview

Mission

Great expectations school is organized for the purpose of operating a results oriented charter school pursuant to minnesota statutes 124d.10.

The mission of the school is to develop in each child a love of learning; critical and creative.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,736$1,559,832▲ $1,538,096
Pledges and Grants Receivable$135,416$185,633▲ $50,217
Cash and Non-Interest-Bearing Accounts$11,680$17,626▲ $5,946
Accounts Receivable$5,457$7,293▲ $1,836
Savings and Temporary Cash Investments$1,082$1,220▲ $138
Total Assets$672,872$2,244,811▲ $1,571,939
Other Assets Total$497,501$473,207▼ $24,294
Liabilities
Other Liabilities$1,569,102$3,133,053▲ $1,563,951
Mortgage Notes Payable Secured by Investment Property$29,572$49,629▲ $20,057
Accounts Payable and Accrued Expenses$24,615$9,613▼ $15,002
Deferred Revenue$8,407$1,425▼ $6,982
Total Liabilities$1,631,696$3,193,720▲ $1,562,024
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,232$7,525▼ $3,707
Net Assets Without Donor Restrictions$-970,056$-956,434▲ $13,622
Total Net Assets Fund Balance$-958,824$-948,909▲ $9,915
Total Liabilities and Net Assets / Fund Balance$672,872$2,244,811▲ $1,571,939

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,539,024$111,271$1,650,295
Equipment$2,334$122,788$125,122
Leasehold Improvements$18,474$8,398$26,872
Other Assets Org$473,207--
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chandler LitterstSecretaryFT$42,443$3,178$45,621
Beth FerryBusiness ManagerFT$40,368$2,783$43,151
Rachel LehmanDirectorFT$35,000$2,919$37,919

Board Members and Trustees

NameTitle
Dylan DragsweikChairperson
Andrea OrestVice-chairperson
Erika KirschMember at Large
Mike CarlsonMember at Large
Sarah McmanusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,888,655
Program Service Revenue
$3,680
Investment Income
$160
Other Revenue
$5,896
All Other Contributions
$30,309
Change in Net Assets
$9,349

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,898,391
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,898,391
Total Revenue per Form 990
$1,898,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,346,712
Other Expenses$542,330
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$787,737$43,295-$831,032
Current Officers, Directors, Trustees, and Key Employees$97,336$119,038-$216,374
Fees for Services Other$177,497$12,224-$189,721
Other Employee Benefits$132,726$20,400-$153,126
Depreciation Depletion$112,765--$112,765
Interest$80,113$1,178-$81,291
Payroll Taxes$65,648$11,723-$77,371
Pension Plan Contributions$65,423$3,386-$68,809
Occupancy$30,466--$30,466
Travel$4,665$12,506-$17,171
Insurance-$11,994-$11,994
Fees for Services Accounting-$10,500-$10,500
Office Expenses$3,486$5,568-$9,054
Conferences and Meetings$6,107--$6,107
Other Expenses$2,365$2,821-$5,186
Advertising-$655-$655
Total Functional Expenses$1,633,754$255,288$0$1,889,042

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,889,042
Total Expenses per Audited Statements$1,889,042
Total Expenses per Form 990$1,889,042
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,906
Fundraising Direct Expenses$8,010
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
Portion of Long-term Liabilities Due After One Year$1,503,756
Deferred Inflows of Resources$919,901
Net Pension Liability$628,318
Portion of Long-term Liabilities Due Within One Year$81,078
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The accountants prepare the 990 and present it to the board of directors, which, after discussion, approves and signs it.”

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

“Annually all members complete a questionnaire regarding potential conflicts.”

Form 990, Part VI, Section B, Line 15

“Compensation is determined per board review.”

Form 990, Part VI, Section C, Line 19

“Information is available upon request at the school's physical location.”

Filing and Contact Details

Filer

Filer Name
Great Expectations School
EIN
41-1869463
Phone
2183879322
Address
PO BOX 310, GRAND MARAIS, MN 55604

Signing Officer

Name
Rachel Lehman
Title
Director
Phone
2183879322
Signed
2023-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Lehman
Formed
2002
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
6
Employees
50
Volunteers
45

Preparer

Firm
Miller Mcdonald Inc
Address
513 BELTRAMI AVE NW, BEMIDJI, MN 56601
Preparer
Josh Sanden
Phone
2187516300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other fees: program service expenses 177,497. Management and general expenses 12,224. Fundraising expenses 0. Total expenses 189,721.”

FORM 990, PART XI, LINE 9:

“Gasb 87 implementation 566.”

990 Section XII Line 2C

“No change in process from prior year”

Raw XML AppendixShowing 400 of 472 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/OtherExpensesGrp/Desc0MATERIALS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02821
IRS990/OtherExpensesGrp/ProgramServicesAmt067420
IRS990/OtherExpensesGrp/ProgramServicesAmt12365
IRS990/OtherExpensesGrp/TotalAmt067420
IRS990/OtherExpensesGrp/TotalAmt15186
IRS990/OtherLiabilitiesGrp/BOYAmt01569102
IRS990/OtherLiabilitiesGrp/EOYAmt03133053
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043295
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0787737
IRS990/OtherSalariesAndWagesGrp/TotalAmt0831032
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011723
IRS990/PayrollTaxesGrp/ProgramServicesAmt065648
IRS990/PayrollTaxesGrp/TotalAmt077371
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03386
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt065423
IRS990/PensionPlanContributionsGrp/TotalAmt068809
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0135416
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0185633
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RACHEL LEHMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03680
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03680
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01727690
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0192
IRS990/PYOtherExpensesAmt0494501
IRS990/PYOtherRevenueAmt07885
IRS990/PYProgramServiceRevenueAmt03734
IRS990/PYRevenuesLessExpensesAmt0-107875
IRS990/PYSalariesCompEmpBnftPaidAmt01352875
IRS990/PYTotalExpensesAmt01847376
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01739501
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt09349
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03680
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01082
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01220
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02334
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0122788
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0125122
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01889042
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018474
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08398
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt026872
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0473207
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOW OF RESOURCES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01539024
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0111271
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01650295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0628318
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1919901
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt281078
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31503756
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS OF RESOURCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PORTION OF LONG-TERM LIABILITIES DUE WITHIN ONE YEAR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PORTION OF LONG-TERM LIABILITIES DUE AFTER ONE YEAR
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01898391
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01559832
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0473207
IRS990ScheduleD/TotalExpensesPerForm990Amt01889042
IRS990ScheduleD/TotalLiabilityAmt03133053
IRS990ScheduleD/TotalRevenuePerForm990Amt01898391
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01898391
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01889042
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/ExplanationTxt0GREAT EXPECTATIONS SCHOOL'S NON-DISCRIMINATORY POLICY IS AVAILABLE ON ITS WEBSITE, APPLICATION, BORCHURES, AND ADVERTISEMENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1GREAT EXPECTATIONS SCHOOL IS A FREE TUITION SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2GREAT EXPECTATIONS SCHOOL IS A FREE TUITION SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt3GREAT EXPECTATIONS SCHOOL IS A MINNESOTA CHARTER SCHOOL THAT IS IN COMPLIANCE WITH MN STATUTE 124D.10. AS SUCH, THIS STATUTE ALLOWS FOR THE SCHOOL TO RECEIVE BOTH FEDERAL AND STATE AIDS AND GRANTS FROM AND THROUGH THE MINNESOTA DEPARTMENT OF EDUCATION AND THE US DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 5
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTANTS PREPARE THE 990 AND PRESENT IT TO THE BOARD OF DIRECTORS, WHICH, AFTER DISCUSSION, APPROVES AND SIGNS IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY ALL MEMBERS COMPLETE A QUESTIONNAIRE REGARDING POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS DETERMINED PER BOARD REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION IS AVAILABLE UPON REQUEST AT THE SCHOOL'S PHYSICAL LOCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER FEES: PROGRAM SERVICE EXPENSES 177,497. MANAGEMENT AND GENERAL EXPENSES 12,224. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 189,721.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GASB 87 IMPLEMENTATION 566.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO CHANGE IN PROCESS FROM 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 XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6990 SECTION XII LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GREAT EXPECTATIONS FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0205931949
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE SUPPORT FOR THE GREAT EXPECTATIONS SCHOOL.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 310
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GRAND MARAIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055604
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0GREAT EXPECTATIONS FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0672872
IRS990/TotalAssetsEOYAmt02244811
IRS990/TotalAssetsGrp/BOYAmt0672872
IRS990/TotalAssetsGrp/EOYAmt02244811
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01888655

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,244,811
Liabilities
$3,193,720
Net assets
-$948,909
Revenue
$1,898,391
Expenses
$1,889,042
Net income
$9,349
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$2.62$0.85$2.10$2.07$0.04
2023Summary only. Only limited summary data is available for this year.$2.08$2.94$0.87$2.22$2.14$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.24$3.19$0.95$1.90$1.89$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$1.63$0.96$1.74$1.85$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$1.86$0.85$1.70$1.84$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$1.94$0.72$1.62$1.43$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$2.19$0.91$1.51$1.74$0.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$2.27$0.68$1.35$1.58$0.24
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.74$0.44$1.11$1.08$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.72$0.48$1.00$0.98$0.02
2014Summary only. Only limited summary data is available for this year.$0.15$0.06$0.09$1.00$1.01$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.11$0.10$0.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.23$0.11$0.78
2011Summary only. Only limited summary data is available for this year.$0.27$0.17$0.09$0.70$0.70$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.15$0.09$0.68