Civic Intelligence

Msa Building Company

990 • Fiscal year 2015 • EIN 41-1926728

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 09, 2016

Organization ProfileN/A
8430 Woodbury CrossingWoodbury, MN 55125

(651) 578-7507

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.04x

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

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

Liabilities / Revenue

97th percentile

13.44x

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

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

Net Margin

67th percentile

9.3%

Higher net margin than 67% of similar nonprofits.

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

Top Officer Pay

42nd percentile

$103,479

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

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

Asset Growth

39th percentile

-1.5%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

65th percentile

9.4%

Faster revenue growth than 65% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$9,705,051

Down $143,151 (-1.5%) from 2014

Net Assets

Up

-$348,710

Up $69,363 (+17%) from 2014

Liabilities

Down

$10,053,761

Down $212,514 (-2.1%) from 2014

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin67th percentile

Revenue

Up

$748,037

Up $64,495 (+9.4%) from 2014

Expenses

Up

$678,674

Up $11,165 (+1.7%) from 2014

Net Income

Up

$69,363

Up $53,330 (+333%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $3,775,837Liabilities 2011: $4,119,327Net Assets 2011: -$343,4902011Assets 2012: $3,697,559Liabilities 2012: $4,055,952Net Assets 2012: -$358,3932012Assets 2013: $10,841,921Liabilities 2013: $11,276,027Net Assets 2013: -$434,1062013Assets 2014: $9,848,202Liabilities 2014: $10,266,275Net Assets 2014: -$418,0732014Assets 2015: $9,705,051Liabilities 2015: $10,053,761Net Assets 2015: -$348,7102015Assets 2016: $9,675,941Liabilities 2016: $9,923,742Net Assets 2016: -$247,8012016Assets 2017: $9,560,739Liabilities 2017: $9,675,251Net Assets 2017: -$114,5122017Assets 2018: $9,517,301Liabilities 2018: $9,514,781Net Assets 2018: $2,5202018Assets 2019: $9,395,489Liabilities 2019: $9,279,475Net Assets 2019: $116,0142019Assets 2020: $9,238,006Liabilities 2020: $9,112,247Net Assets 2020: $125,7592020Assets 2021: $8,772,120Liabilities 2021: $8,963,469Net Assets 2021: -$191,3492021Assets 2022: $8,579,591Liabilities 2022: $8,826,356Net Assets 2022: -$246,7652022Assets 2023: $8,339,317Liabilities 2023: $8,770,173Net Assets 2023: -$430,8562023Assets 2024: $8,771,905Liabilities 2024: $9,017,608Net Assets 2024: -$245,7032024

Highlighted filing

2015

Assets$9,705,051
Liabilities$10,053,761
Net Assets-$348,710
Open 2015 Filing

Operations Trend

Revenue Growth65th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $413,0302011Expenses 2012: $423,5832012Expenses 2013: $527,1772013Revenue 2014: $683,542Expenses 2014: $667,509Net Income 2014: $16,0332014Revenue 2015: $748,037Expenses 2015: $678,674Net Income 2015: $69,3632015Revenue 2016: $784,057Expenses 2016: $683,148Net Income 2016: $100,9092016Revenue 2017: $795,605Expenses 2017: $662,316Net Income 2017: $133,2892017Revenue 2018: $791,118Expenses 2018: $674,086Net Income 2018: $117,0322018Revenue 2019: $771,233Expenses 2019: $657,739Net Income 2019: $113,4942019Revenue 2020: $726,090Expenses 2020: $716,345Net Income 2020: $9,7452020Revenue 2021: $613,788Expenses 2021: $930,896Net Income 2021: -$317,1082021Revenue 2022: $547,715Expenses 2022: $603,131Net Income 2022: -$55,4162022Revenue 2023: $570,371Expenses 2023: $754,462Net Income 2023: -$184,0912023Revenue 2024: $866,083Expenses 2024: $680,930Net Income 2024: $185,1532024

Highlighted filing

2015

Revenue$748,037
Expenses$678,674
Net Income$69,363
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$748,037
Mission and Program Overview

Mission

Lease and maintain property for the math & science academy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,840,222$8,695,409▼ $144,813
Cap Stk Tr Prin Current Funds$972,164$1,006,916▲ $34,752
Savings and Temporary Cash Investments$1,004,851$1,006,792▲ $1,941
Prepaid Expenses and Deferred Charges$3,129$2,400▼ $729
Accounts Receivable-$450-
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$-1,390,237$-1,355,626▲ $34,611
Total Assets$9,848,202$9,705,051▼ $143,151
Other Assets Total-$0-
Liabilities
Tax Exempt Bond Liabilities$10,191,345$10,012,631▼ $178,714
Other Liabilities$41,418$40,805▼ $613
Accounts Payable and Accrued Expenses$33,512$325▼ $33,187
Total Liabilities$10,266,275$10,053,761▼ $212,514
Net Assets / Fund Balance
Total Net Assets Fund Balance$-418,073$-348,710▲ $69,363
Total Liabilities and Net Assets / Fund Balance$9,848,202$9,705,051▼ $143,151

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,676,793$1,430,053$9,106,846
Land$990,625-$990,625
Equipment$27,991$58,998$86,989
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleOtherTotal
Bob KreischerPresident$103,479$103,479
Shannon FrobergMember$69,004$69,004
Joell PundsackSecretary$42,049$42,049

Board Members and Trustees

NameTitle
Deb LedvinaMember
Mona HayashiMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$747,520
Investment Income
$67
Other Revenue
$450
Change in Net Assets
$69,363

Audited Revenue Reconciliation

Revenue per Audited Statements
$748,037
Revenue Not Reported on Form 990
$4,625,491
Total Revenue per Audited Statements
$5,373,528
Total Revenue per Form 990
$748,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$678,674
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$455,692--$455,692
Depreciation Depletion$195,246--$195,246
Fees for Services Accounting$11,000--$11,000
Fees for Services Legal$8,455--$8,455
Fees for Services Other$7,209--$7,209
Other Expenses$452--$452
Total Functional Expenses$678,674$0$0$678,674

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,118,657
Expenses Not Reported on Form 990$4,635,229
Total Expenses per Form 990$678,674
Expenses per Audited Statements$483,428
Expenses Not Reported on Financial Statements$195,246
Other Expense Adjustments$195,246
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest Payable$38,405
Due to Math & Science Academy$2,400

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Woodbury2012-11-29$10,035,142Construction of New Building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$10,035,142$3,600,417-$195,300

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“The sole member of the organization is Math & Science Academy.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“The Board of Directors of the Sole Member appoint at least three of the members of the Organization's Board of Directors. Those appointed may be, but are not required to be, members of the Board of Directors of the Sole Member.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“The Sole Member may alter or repeal the Bylaws of the Organization.”

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“There are no committees with authority to act on behalf of the governing board.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Form 990 is prepared by school accountant. Prior to filing the form 990, the Finance Manager, Treasurer, and School Director will conduct a detail review prior to the filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
MSA Building Company
EIN
41-1926728
Phone
6515787507
Address
8430 Woodbury Crossing, Woodbury, MN 55125

Signing Officer

Name
John Gawarecki
Title
Member
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Gawarecki
Formed
1998
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
2
Employees
0
Volunteers
5

Preparer

Firm
Beltz Kes Darling & Associates
Address
22488 Chippendale Ave W, Farmington, MN 55024
Preparer
Theresa Kingsbury
Phone
6514632233
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Math & Science Academy Revenues $4625491”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Math & Science Academy Expenses $4405374 Capitalized Equipment $50432 Repayment of Bond Principal $170000 Change in Accrued Interest Payable $709 Amortization of Bond Premium $8714”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Depreciation Expense $195246”

Raw XML AppendixShowing 400 of 487 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt033512
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0325
IRS990/AccountsReceivableGrp/EOYAmt0450
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Lease and maintain property for the Math & Science Academy.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Beltz Kes Darling Assoc
IRS990/BooksInCareOfDetail/PhoneNum06514632233
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt022488 Chippendale Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Farmington
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055024
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0972164
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt01006916
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt067
IRS990/CYOtherExpensesAmt0678674
IRS990/CYOtherRevenueAmt0450
IRS990/CYProgramServiceRevenueAmt0747520
IRS990/CYRevenuesLessExpensesAmt069363
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0678674
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0748037
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0195246
IRS990/DepreciationDepletionGrp/TotalAmt0195246
IRS990/Desc0Own and maintain property/building that the Math & Science Academy leases.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0678674
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011000
IRS990/FeesForServicesAccountingGrp/TotalAmt011000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt08455
IRS990/FeesForServicesLegalGrp/TotalAmt08455
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt07209
IRS990/FeesForServicesOtherGrp/TotalAmt07209
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt241.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt021904
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt18551
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt211106
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Bob Kreischer
IRS990/Form990PartVIISectionAGrp/PersonNm1Joell Pundsack
IRS990/Form990PartVIISectionAGrp/PersonNm2Shannon Froberg
IRS990/Form990PartVIISectionAGrp/PersonNm3Mona Hayashi
IRS990/Form990PartVIISectionAGrp/PersonNm4Deb Ledvina
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt081575
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt133498
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt257898
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Member
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0748037
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0455692
IRS990/InterestGrp/TotalAmt0455692
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt067
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt067
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01489051
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08840222
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08695409
IRS990/LandBldgEquipCostOrOtherBssAmt010184460
IRS990/LegalDomicileStateCd0MN
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Lease and maintain property for the Math & Science Academy.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-418073
IRS990/NetAssetsOrFundBalancesEOYAmt0-348710
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Property Taxes
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/ProgramServicesAmt0620
IRS990/OtherExpensesGrp/ProgramServicesAmt1452
IRS990/OtherExpensesGrp/TotalAmt0620
IRS990/OtherExpensesGrp/TotalAmt1452
IRS990/OtherLiabilitiesGrp/BOYAmt041418
IRS990/OtherLiabilitiesGrp/EOYAmt040805
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0450
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0450
IRS990/OtherRevenueTotalAmt0450
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-1390237
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-1355626
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03129
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02400
IRS990/PrincipalOfficerNm0John Gawarecki
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0747520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0747520
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0224
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0667509
IRS990/PYProgramServiceRevenueAmt0683318
IRS990/PYRevenuesLessExpensesAmt016033
IRS990/PYTotalExpensesAmt0667509
IRS990/PYTotalRevenueAmt0683542
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt069363
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0747970
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01004851
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01006792
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0411907844
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Math & Science Academy
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07676793
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01430053
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09106846
IRS990ScheduleD/EquipmentGrp/BookValueAmt027991
IRS990ScheduleD/EquipmentGrp/DepreciationAmt058998
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086989
IRS990ScheduleD/ExpensesNotReportedAmt04635229
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0195246
IRS990ScheduleD/ExpensesSubtotalAmt0483428
IRS990ScheduleD/LandGrp/BookValueAmt0990625
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0990625
IRS990ScheduleD/OtherExpensesIncludedAmt04635229
IRS990ScheduleD/OtherExpensesNotIncludedAmt0195246
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt038405
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Interest Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to Math & Science Academy
IRS990ScheduleD/OtherRevenueAmt04625491
IRS990ScheduleD/RevenueNotReportedAmt04625491
IRS990ScheduleD/RevenueSubtotalAmt0748037
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Math & Science Academy Revenues $4625491
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Math & Science Academy Expenses $4405374 Capitalized Equipment $50432 Repayment of Bond Principal $170000 Change in Accrued Interest Payable $709 Amortization of Bond Premium $8714
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Depreciation Expense $195246
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08695409
IRS990ScheduleD/TotalExpensesPerForm990Amt0678674
IRS990ScheduleD/TotalLiabilityAmt040805
IRS990ScheduleD/TotalRevenuePerForm990Amt0748037
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05373528
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05118657
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0Schedule K, Part I, Bond Issues:(A) Issuer Name: City of Woodury(F) Description of Purpose: Construction of new building and refunding of previous bondsSchedule K, Bonda A: Part I, Column (E) and Part II, Line 3Explanation for difference between issue price and proceeds of issueSeries 2012A Bonds Par Amount: $9,765,000Series 2012A Original Issue Premium: 270,142Series 2012B Bonds Par Amount: 185,000Underwriter's Discount: (174,125)Total Proceeds: $10,046,017Schedule K, Bond A: Part IV, Line 2cDate of most recent rebate computationThe most recent rebate computation was performed December 21, 2012: no rebate was required.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02012-11-29
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0410856197
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0979134AC7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt010035142
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0City of Woodbury
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Construction of New Building
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt05377210
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0232993
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0629222
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0195300
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt03600417
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02013
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt010035142
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The sole member of the organization is Math & Science Academy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors of the Sole Member appoint at least three of the members of the Organization's Board of Directors. Those appointed may be, but are not required to be, members of the Board of Directors of the Sole Member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Sole Member may alter or repeal the Bylaws of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There are no committees with authority to act on behalf of the governing board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Form 990 is prepared by school accountant. Prior to filing the form 990, the Finance Manager, Treasurer, and School Director will conduct a detail review prior to the filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organization makes its governing documents and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Math & Science Academy
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0411907844
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08430 Woodbury Crossing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Woodbury
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055125
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$9,705,051
Liabilities
$10,053,761
Net assets
-$348,710
Revenue
$748,037
Expenses
$678,674
Net income
$69,363
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.77$9.02$0.25$0.87$0.68$0.19
2023Detailed filing. Detailed filing data is available for this year.$8.34$8.77$0.43$0.57$0.75$0.18
2022Detailed filing. Detailed filing data is available for this year.$8.58$8.83$0.25$0.55$0.60$0.06
2021Detailed filing. Detailed filing data is available for this year.$8.77$8.96$0.19$0.61$0.93$0.32
2020Detailed filing. Detailed filing data is available for this year.$9.24$9.11$0.13$0.73$0.72$0.01
2019Detailed filing. Detailed filing data is available for this year.$9.40$9.28$0.12$0.77$0.66$0.11
2018Detailed filing. Detailed filing data is available for this year.$9.52$9.51$0.00$0.79$0.67$0.12
2017Detailed filing. Detailed filing data is available for this year.$9.56$9.68$0.11$0.80$0.66$0.13
2016Detailed filing. Detailed filing data is available for this year.$9.68$9.92$0.25$0.78$0.68$0.10
2015Detailed filing. Detailed filing data is available for this year.$9.71$10.1$0.35$0.75$0.68$0.07
2014Detailed filing. Detailed filing data is available for this year.$9.85$10.3$0.42$0.68$0.67$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$11.3$0.43$0.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$4.06$0.36$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$4.12$0.34$0.41