Civic Intelligence

Great Expectations School

990 • Fiscal year 2024 • EIN 41-1869463

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 28, 2025

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

1.45x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.27x

Higher debt load relative to revenue than 90% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

37th percentile

-0.6%

Higher net margin than 37% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$81,057

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

20th percentile

-6.0%

Faster asset growth than 20% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

0.4%

Faster revenue growth than 36% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$1,950,223

Down $124,931 (-6.0%) from 2023

Net Assets

Down

-$881,776

Down $13,088 (-1.5%) from 2023

Liabilities

Down

$2,831,999

Down $111,843 (-3.8%) from 2023

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin37th percentile

Revenue

Up

$2,228,220

Up $9,749 (+0.4%) from 2023

Expenses

Up

$2,241,308

Up $103,058 (+4.8%) from 2023

Net Income

Down

-$13,088

Down $93,309 (-116%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth20th 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 2024: $1,950,223Liabilities 2024: $2,831,999Net Assets 2024: -$881,7762024Assets 2025: $1,776,003Liabilities 2025: $2,621,849Net Assets 2025: -$845,8462025

Highlighted filing

2024

Assets$1,950,223
Liabilities$2,831,999
Net Assets-$881,776
Open 2024 Filing

Operations Trend

Revenue Growth36th 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 2024: $2,228,220Expenses 2024: $2,241,308Net Income 2024: -$13,0882024Revenue 2025: $2,101,875Expenses 2025: $2,065,945Net Income 2025: $35,9302025

Highlighted filing

2024

Revenue$2,228,220
Expenses$2,241,308
Net Income-$13,088
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 28, 2025
Return Version
2023v6.0
Gross Receipts
$2,234,445
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$1,453,825$1,358,343▼ $95,482
Pledges and Grants Receivable$166,221$153,907▼ $12,314
Cash and Non-Interest-Bearing Accounts$38,831$70,702▲ $31,871
Prepaid Expenses and Deferred Charges$5,918$2,506▼ $3,412
Accounts Receivable$402$1,021▲ $619
Savings and Temporary Cash Investments$812$909▲ $97
Total Assets$2,075,154$1,950,223▼ $124,931
Other Assets Total$409,145$362,835▼ $46,310
Liabilities
Other Liabilities$2,887,066$2,790,980▼ $96,086
Accounts Payable and Accrued Expenses$9,274$18,975▲ $9,701
Deferred Revenue$2,386$12,279▲ $9,893
Mortgage Notes Payable Secured by Investment Property$45,116$9,765▼ $35,351
Total Liabilities$2,943,842$2,831,999▼ $111,843
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,638$46,783▲ $39,145
Net Assets Without Donor Restrictions$-876,326$-928,559▼ $52,233
Total Net Assets Fund Balance$-868,688$-881,776▼ $13,088
Total Liabilities and Net Assets / Fund Balance$2,075,154$1,950,223▼ $124,931

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,329,955$329,058$1,659,013
Equipment$11,257$100,546$111,803
Leasehold Improvements$17,131$9,741$26,872
Other Assets Org$362,835--
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rachel LehmanDirectorFT$74,603$6,454$81,057
Erin ChoiMember at LargeFT$51,827$4,483$56,310
Nikki RiceSecretaryFT$48,397$4,189$52,586
Beth FerryBusiness ManagerFT$42,812$2,938$45,750
Erika KirschMember at LargeFT$32,162$2,757$34,919

Board Members and Trustees

NameTitle
Joe DrotosChairperson
Andrea OrestVice-chairperson
Abby BenusaMember at Large
Anne BrataasMember at Large
Mike CarlsonMember at Large
Sarah McmanusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,159,172
Program Service Revenue
$59,761
Investment Income
$124
Other Revenue
$9,163
All Other Contributions
$62,853
Change in Net Assets
$-13,088

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,228,220
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,228,220
Total Revenue per Form 990
$2,228,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,495,651
Other Expenses$745,657
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$898,286$59,715-$958,001
Fees for Services Other$234,004$26,892-$260,896
Current Officers, Directors, Trustees, and Key Employees$111,863$128,065-$239,928
Other Employee Benefits$114,482$15,798-$130,280
Interest$118,075$484-$118,559
Depreciation Depletion$112,775--$112,775
Payroll Taxes$74,817$13,377-$88,194
Pension Plan Contributions$74,806$4,442-$79,248
Occupancy$25,652--$25,652
Travel$6,829$13,280-$20,109
Office Expenses$8,457$8,746-$17,203
Insurance-$13,201-$13,201
Fees for Services Accounting-$11,560-$11,560
Conferences and Meetings$10,247--$10,247
Other Expenses$237$4,132-$4,369
Advertising-$1,953-$1,953
Total Functional Expenses$1,939,663$301,645$0$2,241,308

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,241,308
Total Expenses per Audited Statements$2,241,308
Total Expenses per Form 990$2,241,308
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,388
Fundraising Direct Expenses$6,225
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Plant Sale Fundraiser$10,406$10,406$1,612$8,794
Other Fundraisers$4,982$4,982$4,613$369
Total Events$15,388$15,388$6,225$9,163
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$1,387,591
Net Pension Liability$1,197,088
Deferred Inflows of Resources$130,260
Portion of Long-term Liabilities Due Within One Year$76,041
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
2025-01-28
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
52
Volunteers
35

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 234,004. Management and general expenses 26,892. Fundraising expenses 0. Total expenses 260,896.”

990 Section XII Line 2C

“No change in process from prior year”

Raw XML AppendixShowing 400 of 513 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/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0GREAT EXPECTATIONS SCHOOL IS ORGANIZED FOR THE PURPOSE OF OPERATING A RESULTS ORIENTED CHARTER SCHOOL PURSUANT TO MINNESOTA STATUTES 124D.10.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt045116
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09765
IRS990/NetAssetsOrFundBalancesBOYAmt0-868688
IRS990/NetAssetsOrFundBalancesEOYAmt0-881776
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt09163
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt09163
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-876326
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-928559
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt025652
IRS990/OccupancyGrp/TotalAmt025652
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08746
IRS990/OfficeExpensesGrp/ProgramServicesAmt08457
IRS990/OfficeExpensesGrp/TotalAmt017203
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0409145
IRS990/OtherAssetsTotalGrp/EOYAmt0362835
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015798
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114482
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0130280
IRS990/OtherExpensesGrp/Desc0MATERIALS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04132
IRS990/OtherExpensesGrp/ProgramServicesAmt0149133
IRS990/OtherExpensesGrp/ProgramServicesAmt1237
IRS990/OtherExpensesGrp/TotalAmt0149133
IRS990/OtherExpensesGrp/TotalAmt14369
IRS990/OtherLiabilitiesGrp/BOYAmt02887066
IRS990/OtherLiabilitiesGrp/EOYAmt02790980
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059715
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0898286
IRS990/OtherSalariesAndWagesGrp/TotalAmt0958001
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013377
IRS990/PayrollTaxesGrp/ProgramServicesAmt074817
IRS990/PayrollTaxesGrp/TotalAmt088194
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04442
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt074806
IRS990/PensionPlanContributionsGrp/TotalAmt079248
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0166221
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0153907
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05918
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02506
IRS990/PrincipalOfficerNm0RACHEL LEHMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc1FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt051115
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18646
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt051115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18646
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02184272
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-5403
IRS990/PYOtherExpensesAmt0717086
IRS990/PYOtherRevenueAmt06960
IRS990/PYProgramServiceRevenueAmt032642
IRS990/PYRevenuesLessExpensesAmt080221
IRS990/PYSalariesCompEmpBnftPaidAmt01421164
IRS990/PYTotalExpensesAmt02138250
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02218471
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-13088
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt059761
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0812
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0909
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/BookValueAmt011257
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0100546
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0111803
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02241308
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt017131
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09741
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt026872
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0362835
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOW OF RESOURCES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01329955
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0329058
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01659013
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01197088
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1130260
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt276041
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31387591
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/RevenueSubtotalAmt02228220
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01358343
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0362835
IRS990ScheduleD/TotalExpensesPerForm990Amt02241308
IRS990ScheduleD/TotalLiabilityAmt02790980
IRS990ScheduleD/TotalRevenuePerForm990Amt02228220
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02228220
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02241308
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
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06225
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PLANT SALE FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OTHER FUNDRAISERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010406
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt04982
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015388
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010406
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt04982
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015388
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt09163
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06225
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01612
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04613
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 234,004. MANAGEMENT AND GENERAL EXPENSES 26,892. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 260,896.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO 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/FormAndLineReferenceDesc5990 SECTION XII LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,950,223
Liabilities
$2,831,999
Net assets
-$881,776
Revenue
$2,228,220
Expenses
$2,241,308
Net income
-$13,088
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
2024Detailed filing. Detailed filing data is available for this year.$1.95$2.83$0.88$2.23$2.24$0.01
2023Summary only. Only limited summary data is available for this year.$2.08$2.94$0.87$2.22$2.14$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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