Civic Intelligence

Aurora Charter School

990 • Fiscal year 2022 • EIN 41-1962390

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization Profilewww.auroracharterschool.com

View Organization Page

2101 E 26th StMinneapolis, MN 55404

(612) 870-3891

Siviq Scores

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

Liabilities / Assets

97th percentile

1.36x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

1.29x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

47th percentile

5.7%

Higher net margin than 47% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

28th percentile

$60,563

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

95th percentile

106%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

9.6%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$7,189,689

Up $3,693,244 (+106%) from 2021

Net Assets

Up

-$2,597,076

Up $402,334 (+13%) from 2021

Liabilities

Up

$9,786,765

Up $3,290,910 (+51%) from 2021

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin47th percentile

Revenue

Up

$7,596,902

Up $665,240 (+9.6%) from 2021

Expenses

Up

$7,167,157

Up $273,995 (+4.0%) from 2021

Net Income

Up

$429,745

Up $391,245 (+1016%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $1,745,001Liabilities 2010: $604,486Net Assets 2010: $1,140,5152010Assets 2011: $1,693,103Liabilities 2011: $486,967Net Assets 2011: $1,206,1362011Assets 2012: $1,574,402Liabilities 2012: $273,674Net Assets 2012: $1,300,7282012Assets 2013: $1,568,846Liabilities 2013: $171,046Net Assets 2013: $1,397,8002013Assets 2014: $1,505,370Liabilities 2014: $280,267Net Assets 2014: $1,225,1032014Assets 2015: $2,165,914Liabilities 2015: $2,549,540Net Assets 2015: -$383,6262015Assets 2016: $2,566,537Liabilities 2016: $2,855,029Net Assets 2016: -$288,4922016Assets 2017: $7,230,276Liabilities 2017: $8,363,719Net Assets 2017: -$1,133,4432017Assets 2018: $6,315,921Liabilities 2018: $8,884,818Net Assets 2018: -$2,568,8972018Assets 2019: $5,367,633Liabilities 2019: $7,985,597Net Assets 2019: -$2,617,9642019Assets 2020: $4,344,998Liabilities 2020: $7,382,908Net Assets 2020: -$3,037,9102020Assets 2021: $3,496,445Liabilities 2021: $6,495,855Net Assets 2021: -$2,999,4102021Assets 2022: $7,189,689Liabilities 2022: $9,786,765Net Assets 2022: -$2,597,0762022Assets 2023: $6,741,830Liabilities 2023: $8,635,135Net Assets 2023: -$1,893,3052023

Highlighted filing

2022

Assets$7,189,689
Liabilities$9,786,765
Net Assets-$2,597,076
Open 2022 Filing

Operations Trend

Revenue Growth58th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $4,144,5332010Revenue 2011: $4,277,014Expenses 2011: $4,225,039Net Income 2011: $51,9752011Expenses 2012: $4,126,3392012Expenses 2013: $3,783,2902013Revenue 2014: $4,250,018Expenses 2014: $4,422,715Net Income 2014: -$172,6972014Revenue 2015: $5,056,001Expenses 2015: $4,846,667Net Income 2015: $209,3342015Revenue 2016: $5,777,960Expenses 2016: $5,682,826Net Income 2016: $95,1342016Revenue 2017: $6,434,494Expenses 2017: $7,279,445Net Income 2017: -$844,9512017Revenue 2018: $6,341,080Expenses 2018: $7,776,534Net Income 2018: -$1,435,4542018Revenue 2019: $6,221,961Expenses 2019: $6,271,028Net Income 2019: -$49,0672019Revenue 2020: $6,802,074Expenses 2020: $7,222,020Net Income 2020: -$419,9462020Revenue 2021: $6,931,662Expenses 2021: $6,893,162Net Income 2021: $38,5002021Revenue 2022: $7,596,902Expenses 2022: $7,167,157Net Income 2022: $429,7452022Revenue 2023: $7,950,467Expenses 2023: $7,246,696Net Income 2023: $703,7712023

Highlighted filing

2022

Revenue$7,596,902
Expenses$7,167,157
Net Income$429,745
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$7,596,902
Mission and Program Overview

Mission

The Mission of Aurora Charter School is to operate a center of learning that embraces academic excellence and celebrates the gift of Latino culture. Aurora Charter School will be a high-achieving learning environment where the student is nurtured academically, socially, and physically. Students will be held to learning standards mandated by the State of Minnesota through a dual-language curriculum in English and Spanish, and with the instruction of highly-qualified teachers and other support staff, will strive to close the achievement gap within the school.

The Mission of Aurora Charter School is to operate a center of learning that embraces academic excellence and celebrates the gift of Latino culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$373,438$4,268,251▲ $3,894,813
Accounts Receivable$762,039$536,133▼ $225,906
Rtn Earn Endowment Incm Other Fnds$369,059$398,613▲ $29,554
Cash and Non-Interest-Bearing Accounts$139,266$329,303▲ $190,037
Savings and Temporary Cash Investments$310,146$311,992▲ $1,846
Pd in Cap Srpls Land Bldg Eqp Fund$161,692$216,149▲ $54,457
Prepaid Expenses and Deferred Charges$72,227$91,125▲ $18,898
Cap Stk Tr Prin Current Funds$-3,530,161$-3,211,838▲ $318,323
Total Assets$3,496,445$7,189,689▲ $3,693,244
Other Assets Total$1,839,329$1,652,885▼ $186,444
Liabilities
Other Liabilities$5,835,790$5,465,577▼ $370,213
Mortgage Notes Payable Secured by Investment Property$361,746$4,052,102▲ $3,690,356
Accounts Payable and Accrued Expenses$288,271$253,511▼ $34,760
Deferred Revenue$10,048$15,575▲ $5,527
Total Liabilities$6,495,855$9,786,765▲ $3,290,910
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,999,410$-2,597,076▲ $402,334
Total Liabilities and Net Assets / Fund Balance$3,496,445$7,189,689▲ $3,693,244

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,771,882$628,647$4,400,529
Leasehold Improvements$-78,780$1,504,845$1,426,065
Equipment$453,329$533,987$987,316
Other Land Buildings$121,820$42,603$164,423
Other Assets Org$1,256,849--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$310,146-▲ $1,846-$311,992
2020$305,550-▲ $4,596-$310,146
2019$300,000-▲ $5,550-$305,550
2018$300,179---$300,000
2017$300,179---$300,179
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alex LagerChairFT$60,563$60,563
Julie ReissVice Chair-$54,222$54,222

Board Members and Trustees

NameTitle
Elan QuezadaMember
Juan Palma MartinezMember
Luis RegaladoSecretary
Jonathan Rodriguez SanchezTreaurer
Revenue and Support

Revenue Composition

Contributions and Grants
$576,951
Program Service Revenue
$7,018,104
Investment Income
$1,847
Other Revenue
$0
Change in Net Assets
$429,745

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,596,902
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,596,902
Total Revenue per Form 990
$7,596,902
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,236,850
Other Expenses$2,930,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,532,635$662,424-$3,195,059
Other Employee Benefits$325,329$76,176-$401,505
Information Technology$110,786$234,897-$345,683
Fees for Services Other$237,428$78,194-$315,622
Pension Plan Contributions$232,876$50,086-$282,962
Interest$1,816$280,186-$282,002
Payroll Taxes$196,033$43,502-$239,535
Office Expenses$175,837$57,928-$233,765
Occupancy$163,446$41-$163,487
Current Officers, Directors, Trustees, and Key Employees$117,789--$117,789
Fees for Services Accounting-$112,863-$112,863
Payments to Affiliates$917$52,870-$53,787
Conferences and Meetings$46,772--$46,772
Insurance$42,334--$42,334
Other Expenses$14,518$1,233-$14,518
Travel$1,125$657-$1,782
Total Functional Expenses$5,540,991$1,626,166$0$7,167,157

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,167,157
Total Expenses per Audited Statements$7,167,157
Total Expenses per Form 990$7,167,157
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
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
Deferred Inflows of Resources - PER$3,373,810
Net Pension Liability - PERA & TRA$2,091,767
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 Form 990 is prepared by an independent accounting firm. Once the Form is completed, it is given to the Executive Director for review before it is signed and filed. The entire board does not review the 990 prior to it being filed.”

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

“Board members sign a conflict of interest statement annually. The Board also reviews the conflict of interest policy annually and makes changes as necessary.”

Form 990, Part VI, Section B, line 15

“The School Board does an annual evaluation of the Executive Director and determines the compensation. The Executive Director evaluates employees and makes recommendations to the School Board. The Board bases its compensation on the knowledge of the budget.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

FORM 990, PART VI, SECTION A, LINE 1B:

“Several members of the board are teachers at the School. Minnesota State Statute 124D.10 Subd. 4(g) requires the board to have at least one employed or contracted teacher.”

Filing and Contact Details

Filer

Filer Name
Aurora Charter School
EIN
41-1962390
Phone
6128703891
Address
2101 E 26th St, Minneapolis, MN 55404

Signing Officer

Name
Matthew Cisewski
Title
Executive Director
Phone
6128703891
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Cisewski
Formed
2000
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
4
Employees
72
Volunteers
0

Preparer

Firm
Malloy Montague Karnowski Radosevich
Address
5353 Wayzata Blvd Ste 410, Minneapolis, MN 55416
Preparer
Victoria L Holinka
Phone
9525450424
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in accounting principle (GASB Statement No. 87, Leases) -27,411.”

Form 990, Part XII, Line 2C

“The School Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed from the prior year.”

Related Organization Compensation

“Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.”

Authorizer

“The School is required to have an Authorizer to monitor its operations in order to maintain its charter. The School's approved Authorizer during the fiscal year 2022 was Osprey Wilds Environmental Learning Center.”

Financial Statement Notes

Part V, Line 4:

“A certificate of deposit is a requirement of their lease agreement as a means of collateral.”

Part X, Line 2:

“The School is exempt from federal and state income taxes under Internal Revenue Code (IRC) 501(c)(3). The School is subject to tax on income from any unrelated business. The School follows recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Account Standards Codification 740-10. 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 School has analyzed tax positions taken for filing with the Internal Revenue Service and the state jurisdiction where it operates. The School believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the School's financial condition, results of operations, or cash flows. Accordingly, the School has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at year-end. The School is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods.”

Raw XML AppendixShowing 400 of 464 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0288271
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0253511
IRS990/AccountsReceivableGrp/BOYAmt0762039
IRS990/AccountsReceivableGrp/EOYAmt0536133
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Mission of Aurora Charter School is to operate a center of learning that embraces academic excellence and celebrates the gift of Latino culture.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Clifton Larson Allen
IRS990/BooksInCareOfDetail/PhoneNum07635574954
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0809 Meander Court
IRS990/BooksInCareOfDetail/USAddress/CityNm0Medina
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055340
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0-3530161
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0-3211838
IRS990/CashNonInterestBearingGrp/BOYAmt0139266
IRS990/CashNonInterestBearingGrp/EOYAmt0329303
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0117789
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0117789
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt046772
IRS990/ConferencesMeetingsGrp/TotalAmt046772
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0576951
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01847
IRS990/CYOtherExpensesAmt02930307
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt07018104
IRS990/CYRevenuesLessExpensesAmt0429745
IRS990/CYSalariesCompEmpBnftPaidAmt04236850
IRS990/CYTotalExpensesAmt07167157
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07596902
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt010048
IRS990/DeferredRevenueGrp/EOYAmt015575
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Education of students: Aurora Charter School is a tuition free, public charter school. During the fiscal year ended June 30, 2022, the School served an estimated 419 students.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt072
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05540991
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0112863
IRS990/FeesForServicesAccountingGrp/TotalAmt0112863
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt078194
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0237428
IRS990/FeesForServicesOtherGrp/TotalAmt0315622
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Alex Lager
IRS990/Form990PartVIISectionAGrp/PersonNm1Julie Reiss
IRS990/Form990PartVIISectionAGrp/PersonNm2Juan Palma Martinez
IRS990/Form990PartVIISectionAGrp/PersonNm3Elan Quezada
IRS990/Form990PartVIISectionAGrp/PersonNm4Luis Regalado
IRS990/Form990PartVIISectionAGrp/PersonNm5Jonathan Rodriguez Sanchez
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt060563
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt154222
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treaurer
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0576951
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07596902
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0234897
IRS990/InformationTechnologyGrp/ProgramServicesAmt0110786
IRS990/InformationTechnologyGrp/TotalAmt0345683
IRS990/InsuranceGrp/ProgramServicesAmt042334
IRS990/InsuranceGrp/TotalAmt042334
IRS990/InterestGrp/ManagementAndGeneralAmt0280186
IRS990/InterestGrp/ProgramServicesAmt01816
IRS990/InterestGrp/TotalAmt0282002
IRS990/InvestmentIncomeGrp/ExclusionAmt01847
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01847
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02710082
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0373438
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04268251
IRS990/LandBldgEquipCostOrOtherBssAmt06978333
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Mission of Aurora Charter School is to operate a center of learning that embraces academic excellence and celebrates the gift of Latino culture. Aurora Charter School will be a high-achieving learning environment where the student is nurtured academically, socially, and physically. Students will be held to learning standards mandated by the State of Minnesota through a dual-language curriculum in English and Spanish, and with the instruction of highly-qualified teachers and other support staff, will strive to close the achievement gap within the school.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0361746
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04052102
IRS990/NetAssetsOrFundBalancesBOYAmt0-2999410
IRS990/NetAssetsOrFundBalancesEOYAmt0-2597076
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt041
IRS990/OccupancyGrp/ProgramServicesAmt0163446
IRS990/OccupancyGrp/TotalAmt0163487
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt057928
IRS990/OfficeExpensesGrp/ProgramServicesAmt0175837
IRS990/OfficeExpensesGrp/TotalAmt0233765
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01839329
IRS990/OtherAssetsTotalGrp/EOYAmt01652885
IRS990/OtherChangesInNetAssetsAmt0-27411
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt076176
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0325329
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0401505
IRS990/OtherExpensesGrp/Desc0Transportation
IRS990/OtherExpensesGrp/Desc1Pension Expense per Act
IRS990/OtherExpensesGrp/Desc2Food
IRS990/OtherExpensesGrp/Desc3Field Trips
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0-24891
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11233
IRS990/OtherExpensesGrp/ProgramServicesAmt0621509
IRS990/OtherExpensesGrp/ProgramServicesAmt1398039
IRS990/OtherExpensesGrp/ProgramServicesAmt2321802
IRS990/OtherExpensesGrp/ProgramServicesAmt314518
IRS990/OtherExpensesGrp/TotalAmt0621509
IRS990/OtherExpensesGrp/TotalAmt1373148
IRS990/OtherExpensesGrp/TotalAmt2323035
IRS990/OtherExpensesGrp/TotalAmt314518
IRS990/OtherLiabilitiesGrp/BOYAmt05835790
IRS990/OtherLiabilitiesGrp/EOYAmt05465577
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0662424
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02532635
IRS990/OtherSalariesAndWagesGrp/TotalAmt03195059
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt052870
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0917
IRS990/PaymentsToAffiliatesGrp/TotalAmt053787
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt043502
IRS990/PayrollTaxesGrp/ProgramServicesAmt0196033
IRS990/PayrollTaxesGrp/TotalAmt0239535
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0161692
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0216149
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt050086
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0232876
IRS990/PensionPlanContributionsGrp/TotalAmt0282962
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt072227
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt091125
IRS990/PrincipalOfficerNm0Matthew Cisewski
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0Federal and State Sour
IRS990/ProgramServiceRevenueGrp/Desc1Other Educational Purp
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06983362
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134742
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06983362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134742
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0565686
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04596
IRS990/PYOtherExpensesAmt02903226
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06361380
IRS990/PYRevenuesLessExpensesAmt038500
IRS990/PYSalariesCompEmpBnftPaidAmt03989936
IRS990/PYTotalExpensesAmt06893162
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06931662
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0429745
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07018104
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0369059
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0398613
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0310146
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0311992
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03771882
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0628647
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04400529
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0310146
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0311992
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01846
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0305550
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0310146
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04596
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0300000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0305550
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05550
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0179
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0300179
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0300000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0300179
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0300179
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0453329
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0533987
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0987316
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07167157
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0-78780
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01504845
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01426065
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0396036
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11256849
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred outflows of resources - PERA
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred outflows of resources - TRA
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0121820
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042603
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0164423
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03373810
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12091767
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Inflows of Resources - PER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liability - PERA & TRA
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07596902
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0A certificate of deposit is a requirement of their lease agreement as a means of collateral.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The School is exempt from federal and state income taxes under Internal Revenue Code (IRC) 501(c)(3). The School is subject to tax on income from any unrelated business. The School follows recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Account Standards Codification 740-10. 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 School has analyzed tax positions taken for filing with the Internal Revenue Service and the state jurisdiction where it operates. The School believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the School's financial condition, results of operations, or cash flows. Accordingly, the School has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at year-end. The School is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04268251
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01652885
IRS990ScheduleD/TotalExpensesPerForm990Amt07167157
IRS990ScheduleD/TotalLiabilityAmt05465577
IRS990ScheduleD/TotalRevenuePerForm990Amt07596902
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07596902
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07167157
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/ExplanationTxt0Nondiscrimination policy is included in registration materials.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School receives state and federal aid payments and grants to finance educational services for their students.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by an independent accounting firm. Once the Form is completed, it is given to the Executive Director for review before it is signed and filed. The entire board does not review the 990 prior to it being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members sign a conflict of interest statement annually. The Board also reviews the conflict of interest policy annually and makes changes as necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The School Board does an annual evaluation of the Executive Director and determines the compensation. The Executive Director evaluates employees and makes recommendations to the School Board. The Board bases its compensation on the knowledge of the budget.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Change in accounting principle (GASB Statement No. 87, Leases) -27,411.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The School Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Several members of the board are teachers at the School. Minnesota State Statute 124D.10 Subd. 4(g) requires the board to have at least one employed or contracted teacher.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The School is required to have an Authorizer to monitor its operations in order to maintain its charter. The School's approved Authorizer during the fiscal year 2022 was Osprey Wilds Environmental Learning Center.
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 XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION A, LINE 1B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7RELATED ORGANIZATION COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8AUTHORIZER
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03496445
IRS990/TotalAssetsEOYAmt07189689
IRS990/TotalAssetsGrp/BOYAmt03496445
IRS990/TotalAssetsGrp/EOYAmt07189689
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0576951
IRS990/TotalEmployeeCnt072
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01626166
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05540991
IRS990/TotalFunctionalExpensesGrp/TotalAmt07167157
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06495855
IRS990/TotalLiabilitiesEOYAmt09786765

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$7,189,689
Liabilities
$9,786,765
Net assets
-$2,597,076
Revenue
$7,596,902
Expenses
$7,167,157
Net income
$429,745
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$6.74$8.64$1.89$7.95$7.25$0.70
2022Detailed filing. Detailed filing data is available for this year.$7.19$9.79$2.60$7.60$7.17$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$6.50$3.00$6.93$6.89$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.34$7.38$3.04$6.80$7.22$0.42
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.37$7.99$2.62$6.22$6.27$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.32$8.88$2.57$6.34$7.78$1.44
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.23$8.36$1.13$6.43$7.28$0.84
2016Detailed filing. Detailed filing data is available for this year.$2.57$2.86$0.29$5.78$5.68$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.17$2.55$0.38$5.06$4.85$0.21
2014Detailed filing. Detailed filing data is available for this year.$1.51$0.28$1.23$4.25$4.42$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.17$1.40$3.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.27$1.30$4.13
2011Summary only. Only limited summary data is available for this year.$1.69$0.49$1.21$4.28$4.23$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.60$1.14$4.14