Civic Intelligence

Excell Academy for Higher Learning Inc.

990 • Fiscal year 2019 • EIN 41-1968867

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 16, 2019

6510 Zane Avenue North No 107Brooklyn Park, MN 55429

(763) 533-0500

Siviq Scores

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

Liabilities / Assets

97th percentile

1.37x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

1.08x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

32nd percentile

-1.7%

Higher net margin than 32% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

68th percentile

$169,764

Higher top officer pay than 68% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

6th percentile

-15%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

45th percentile

2.0%

Faster revenue growth than 45% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$5,603,349

Down $995,800 (-15%) from 2018

Net Assets

Up

-$2,096,636

Up $653,158 (+24%) from 2018

Liabilities

Down

$7,699,985

Down $1,648,958 (-18%) from 2018

Revenue

Up

$7,141,675

Up $143,337 (+2.0%) from 2018

Expenses

Down

$7,263,496

Down $660,942 (-8.3%) from 2018

Net Income

Up

-$121,821

Up $804,279 (+87%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $2,283,341Liabilities 2011: $960,696Net Assets 2011: $1,322,6452011Assets 2012: $2,084,751Liabilities 2012: $1,103,484Net Assets 2012: $981,2672012Assets 2013: $1,776,303Liabilities 2013: $571,734Net Assets 2013: $1,204,5692013Assets 2014: $1,735,461Liabilities 2014: $457,272Net Assets 2014: $1,278,1892014Assets 2015: $2,066,227Liabilities 2015: $2,971,213Net Assets 2015: -$904,9862015Assets 2016: $2,532,142Liabilities 2016: $3,495,308Net Assets 2016: -$963,1662016Assets 2017: $7,961,738Liabilities 2017: $9,785,432Net Assets 2017: -$1,823,6942017Assets 2018: $6,599,149Liabilities 2018: $9,348,943Net Assets 2018: -$2,749,7942018Assets 2019: $5,603,349Liabilities 2019: $7,699,985Net Assets 2019: -$2,096,6362019Assets 2020: $4,583,325Liabilities 2020: $7,265,476Net Assets 2020: -$2,682,1512020Assets 2021: $4,215,096Liabilities 2021: $6,917,689Net Assets 2021: -$2,702,5932021Assets 2022: $3,930,885Liabilities 2022: $6,582,396Net Assets 2022: -$2,651,5112022Assets 2023: $4,425,733Liabilities 2023: $6,635,095Net Assets 2023: -$2,209,3622023Assets 2024: $4,520,466Liabilities 2024: $8,063,385Net Assets 2024: -$3,542,9192024

Highlighted filing

2019

Assets$5,603,349
Liabilities$7,699,985
Net Assets-$2,096,636

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,621,7962011Expenses 2012: $5,803,9292012Expenses 2013: $5,254,4512013Revenue 2014: $4,984,632Expenses 2014: $4,911,012Net Income 2014: $73,6202014Revenue 2015: $5,249,664Expenses 2015: $5,294,430Net Income 2015: -$44,7662015Revenue 2016: $6,041,311Expenses 2016: $6,095,775Net Income 2016: -$54,4642016Revenue 2017: $6,635,433Expenses 2017: $7,769,800Net Income 2017: -$1,134,3672017Revenue 2018: $6,998,338Expenses 2018: $7,924,438Net Income 2018: -$926,1002018Revenue 2019: $7,141,675Expenses 2019: $7,263,496Net Income 2019: -$121,8212019Revenue 2020: $7,762,280Expenses 2020: $7,955,714Net Income 2020: -$193,4342020Revenue 2021: $7,722,207Expenses 2021: $7,352,218Net Income 2021: $369,9892021Revenue 2022: $8,755,749Expenses 2022: $8,903,413Net Income 2022: -$147,6642022Revenue 2023: $10,009,729Expenses 2023: $10,094,947Net Income 2023: -$85,2182023Revenue 2024: $10,488,356Expenses 2024: $11,588,159Net Income 2024: -$1,099,8032024

Highlighted filing

2019

Revenue$7,141,675
Expenses$7,263,496
Net Income-$121,821
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 16, 2019
Return Version
2018v3.1
Gross Receipts
$7,141,675
Mission and Program Overview

Mission

The mission of excell academy for higher learning is to equip and prepare its learners for higher education and to be positive productive citizens. Excell academy will achieve its mission by identifying, nurturing, and developing its learners' academic gifts, talents and creativity. With the belief that every student is capable of pursuing achievement at a higher level, excell academy offers exceptional learning experiences and quality curricula to foster the learners' fullest potential.

Equip & prepare its learners for higher levels of education and to be positive productive citizens

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$969,282$845,601▼ $123,681
Land, Buildings, and Equipment, Net$808,937$719,956▼ $88,981
Pd in Cap Srpls Land Bldg Eqp Fund$594,709$594,407▼ $302
Cash and Non-Interest-Bearing Accounts$362,964$299,761▼ $63,203
Prepaid Expenses and Deferred Charges$26,581$106,755▲ $80,174
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-3,344,503$-2,691,043▲ $653,460
Total Assets$6,599,149$5,603,349▼ $995,800
Other Assets Total$4,431,385$3,631,276▼ $800,109
Liabilities
Other Liabilities$8,933,169$7,341,008▼ $1,592,161
Accounts Payable and Accrued Expenses$197,236$227,833▲ $30,597
Mortgage Notes Payable Secured by Investment Property$214,228$125,549▼ $88,679
Deferred Revenue$4,310$5,595▲ $1,285
Total Liabilities$9,348,943$7,699,985▼ $1,648,958
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,749,794$-2,096,636▲ $653,158
Total Liabilities and Net Assets / Fund Balance$6,599,149$5,603,349▼ $995,800

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$708,022$597,469$1,305,491
Leasehold Improvements$11,934$38,702$50,636
Other Assets Org$3,631,276--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sabrina WilliamsSchool DirectorFT$129,555$40,209$169,764
Julie JamesMember/teacherFT$58,313$13,231$71,544
Katy YelleMember/teacherFT$46,758$12,342$59,100
Jartue KromaMember/teacherFT$38,052$6,521$44,573

Board Members and Trustees

NameTitle
John AllenBoard Chair
Oliver SpragginsVice Chair
Edna GrangerMember
Monica McgillMember
Steven ColeMember
Casey MorrissetteTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ckc Good FoodFood ServicePO BOX 431419, Minneapolis, MN 55443$362,760
Northstar Bus LinesStudent Transportation11800 95TH AVENUE NORTH, Maple Grove, MN 55369$324,280
Quality Care Transportation INCStudent TransportationPO BOX 290161, Brooklyn Center, MN 55429$180,471
Revenue and Support

Revenue Composition

Contributions and Grants
$6,804,049
Program Service Revenue
$326,820
Investment Income
$197
Other Revenue
$10,609
All Other Contributions
$17,871
Change in Net Assets
$-121,821

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,141,675
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,141,675
Total Revenue per Form 990
$7,141,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,211,767
Other Expenses$3,051,729
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,825,579$172,553-$2,998,132
Occupancy$1,076,052$2,483-$1,078,535
Fees for Services Other$361,987$93,069-$455,056
Current Officers, Directors, Trustees, and Key Employees$189,889$167,331-$357,220
Other Employee Benefits$267,984$39,956-$307,940
Payroll Taxes$241,102$54,429-$295,531
Pension Plan Contributions$227,508$25,436-$252,944
Office Expenses$129,802$30,187-$159,989
Depreciation Depletion$88,638$343-$88,981
Fees for Services Accounting-$68,000-$68,000
All Other Expenses$33,457$32,990-$66,447
Conferences and Meetings$49,146$3,026-$52,172
Other Expenses$51,057$773-$51,057
Information Technology$9,703$25,505-$35,208
Insurance-$17,281-$17,281
Fees for Services Legal-$10,028-$10,028
Interest$8,866--$8,866
Total Functional Expenses$6,520,106$743,390$0$7,263,496

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,280,267
Total Expenses per Form 990$7,263,496
Expenses per Audited Statements$7,174,515
Expenses Not Reported on Form 990$105,752
Expenses Not Reported on Financial Statements$88,981
Other Expense Adjustments$88,981
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 Pension Inflows$4,138,047
Pension Liability Payable$3,094,915
Compensated Absences$108,046
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 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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The school's membership consists of enrollee members, employee members, and community members. Enrollment of a child in the school qualifies the parent(s).legal guardian(s) as enrollee memebrs. Paid employment by the school qualifies the employee as an employee member. Service of fifteen hours of volunteer work for the school qualifies an individual as a community member. All members have equal voting rights.

Form 990, Part VI, Section A, Line 7A

The school's members are eligible to vote to elect board members at the annual meeting.

Form 990, Part VI, Section A, Line 7B

Amendments to the school's governing documents must be approved by a majority vote of the members.

Form 990, Part VI, Section A, Line 8B

The school does not have committees that have the authority on behalf of the governing body.

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

The school director reviewed the form 990 with a contracted accountant and the independent auditor. This process was conducted prior to filing the form 990 with the irs.

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

Annually, board members complete a full disclosure which includes the member, spouse, and close relatives to identify potential conflicts of interest. Conflicts of interest are reviewed and determined by remaining board members not in conflict. Individuals with potential or actual conflicts of interest do no vote on that matter. All proceedings related to conflcits of interest are documented in the meeting minutes.

Form 990, Part VI, Section B, Line 15

When determining the compensation of the school director and all other employees, the school's board of directors reviews the compensation levels of comparable positions within the community as well as reviewing experience level and school size for the school director.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Excell Academy for Higher Learning Inc
EIN
41-1968867
Phone
7635330500
Address
6510 ZANE AVENUE NORTH NO 107, BROOKLYN PARK, MN 55429

Signing Officer

Name
Sabrina Williams
Title
Director
Phone
7635330500
Signed
2019-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Allen
Formed
2000
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
6
Employees
104
Volunteers
45

Preparer

Firm
Bergankdv Ltd
Address
3800 AMERICAN BLVD WEST SUITE 1000, MINNEAPOLIS, MN 55431-4420
Preparer
Theresa Goette
Phone
9525636800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Gasb 68 - pension adjustment 774,979.

Financial Statement Notes

PART X, LINE 2:

The academy is required to assess whether an uncertain tax position exists and if there should be recognitiion of a related benefit or liability in the financial statements. The academy has determined there are not amounts to record as assets or liabilities related to uncertain tax positions.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Repayment of debt principal 88,679. Change in compensated absences payable 17,073.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Depreciation expense 88,981.

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IRS990/Desc0EXCELL ACADEMY FOR GRADES K-8. THE SCHOOL WAS DEVELOPED WITH ALL STUDENTS, ACHIEVEMENT LEVELS, EDUCATIONAL BACKGROUNDS AND NATIONALITIES, IN MIND. THE SCHOOL IS DEDICATED TO PROVIDING AN ACADEMICALLY CHALLENGING EDUCATIONAL EXPERIENCE FOR CHILDREN WHO HAVE HISTORICALLY BEEN EXCLUDED FROM THE OPPORTUNITY. ENROLLMENT WAS 400 FOR FISCAL YEAR 2019.EXCELL ACADEMY WAS THE RECEIPIENT OF THE PATHWAY II SCHOLARSHIP PROGRAM IN FY19 AND WAS ABLE TO DEVELOP A KINDERGARTEN READINESS PROGRAM TO HELP YOUNG STUDENTS PREPARE FOR ENTERING GRADES K-8. THIS PROGRAM IS BEING RUN IN THE COMMUNITY SERVICES FUND OF THE ACADEMY ALONG WITH BEFORE AND AFTER CARE FOR STUDENTS AS WELL AS EMPLOYEE DAYCARE FOR STAFF MEMBERS CHILDREN.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER/TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SCHOOL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt06786178
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07141675
IRS990/GrossRentsGrp/RealAmt07920
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt025505
IRS990/InformationTechnologyGrp/ProgramServicesAmt09703
IRS990/InformationTechnologyGrp/TotalAmt035208
IRS990/InsuranceGrp/ManagementAndGeneralAmt017281
IRS990/InsuranceGrp/TotalAmt017281
IRS990/InterestGrp/ProgramServicesAmt08866
IRS990/InterestGrp/TotalAmt08866
IRS990/InvestmentIncomeGrp/ExclusionAmt0197
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0197
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0636171
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0808937
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0719956
IRS990/LandBldgEquipCostOrOtherBssAmt01356127
IRS990/LegalDomicileStateCd0MN
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF EXCELL ACADEMY FOR HIGHER LEARNING IS TO EQUIP AND PREPARE ITS LEARNERS FOR HIGHER EDUCATION AND TO BE POSITIVE PRODUCTIVE CITIZENS. EXCELL ACADEMY WILL ACHIEVE ITS MISSION BY IDENTIFYING, NURTURING, AND DEVELOPING ITS LEARNERS' ACADEMIC GIFTS, TALENTS AND CREATIVITY. WITH THE BELIEF THAT EVERY STUDENT IS CAPABLE OF PURSUING ACHIEVEMENT AT A HIGHER LEVEL, EXCELL ACADEMY OFFERS EXCEPTIONAL LEARNING EXPERIENCES AND QUALITY CURRICULA TO FOSTER THE LEARNERS' FULLEST POTENTIAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0214228
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0125549
IRS990/NetAssetsOrFundBalancesBOYAmt0-2749794
IRS990/NetAssetsOrFundBalancesEOYAmt0-2096636
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt07920
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt07920
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02483
IRS990/OccupancyGrp/ProgramServicesAmt01076052
IRS990/OccupancyGrp/TotalAmt01078535
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030187
IRS990/OfficeExpensesGrp/ProgramServicesAmt0129802
IRS990/OfficeExpensesGrp/TotalAmt0159989
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04431385
IRS990/OtherAssetsTotalGrp/EOYAmt03631276
IRS990/OtherChangesInNetAssetsAmt0774979
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt039956
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0267984
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0307940
IRS990/OtherExpensesGrp/Desc0TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0773
IRS990/OtherExpensesGrp/ProgramServicesAmt0492213
IRS990/OtherExpensesGrp/ProgramServicesAmt1368599
IRS990/OtherExpensesGrp/ProgramServicesAmt298524
IRS990/OtherExpensesGrp/ProgramServicesAmt351057
IRS990/OtherExpensesGrp/TotalAmt0492213
IRS990/OtherExpensesGrp/TotalAmt1368599
IRS990/OtherExpensesGrp/TotalAmt299297
IRS990/OtherExpensesGrp/TotalAmt351057
IRS990/OtherLiabilitiesGrp/BOYAmt08933169
IRS990/OtherLiabilitiesGrp/EOYAmt07341008
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02689
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02689
IRS990/OtherRevenueTotalAmt02689
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0172553
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02825579
IRS990/OtherSalariesAndWagesGrp/TotalAmt02998132
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt054429
IRS990/PayrollTaxesGrp/ProgramServicesAmt0241102
IRS990/PayrollTaxesGrp/TotalAmt0295531
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0594709
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0594407
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt025436
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0227508
IRS990/PensionPlanContributionsGrp/TotalAmt0252944
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026581
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0106755
IRS990/PrincipalOfficerNm0JOHN ALLEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2TUITION FROM PATRONS
IRS990/ProgramServiceRevenueGrp/Desc3MEDICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0304209
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt111480
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26275
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34856
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0304209
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111480
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34856
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06703881
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt044
IRS990/PYOtherExpensesAmt02795710
IRS990/PYOtherRevenueAmt020690
IRS990/PYProgramServiceRevenueAmt0273723
IRS990/PYRevenuesLessExpensesAmt0-926100
IRS990/PYSalariesCompEmpBnftPaidAmt05128728
IRS990/PYTotalExpensesAmt07924438
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06998338
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-121821
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt07920
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0329509
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0708022
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0597469
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01305491
IRS990ScheduleD/ExpensesNotReportedAmt0105752
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt088981
IRS990ScheduleD/ExpensesSubtotalAmt07174515
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011934
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt038702
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt050636
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03631276
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED PENSION OUTFLOWS
IRS990ScheduleD/OtherExpensesIncludedAmt0105752
IRS990ScheduleD/OtherExpensesNotIncludedAmt088981
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0108046
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13094915
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24138047
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION LIABILITY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED PENSION INFLOWS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07141675
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS REQUIRED TO ASSESS WHETHER AN UNCERTAIN TAX POSITION EXISTS AND IF THERE SHOULD BE RECOGNITIION OF A RELATED BENEFIT OR LIABILITY IN THE FINANCIAL STATEMENTS. THE ACADEMY HAS DETERMINED THERE ARE NOT AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REPAYMENT OF DEBT PRINCIPAL 88,679. CHANGE IN COMPENSATED ABSENCES PAYABLE 17,073.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION EXPENSE 88,981.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0719956
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03631276
IRS990ScheduleD/TotalExpensesPerForm990Amt07263496
IRS990ScheduleD/TotalLiabilityAmt07341008
IRS990ScheduleD/TotalRevenuePerForm990Amt07141675
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07141675
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07280267
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/ExplanationTxt0THE SCHOOL'S NONDISCRIMINATORY POLICY IS POSTED AT THE SCHOOL, AND IS LISTED IN THE ENROLLMENT APPLICATION, BROCHURE, AND ON THE SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.52$8.06$3.54$10.5$11.6$1.10
2023Detailed filing. Detailed filing data is available for this year.$4.43$6.64$2.21$10.0$10.1$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.93$6.58$2.65$8.76$8.90$0.15
2021Detailed filing. Detailed filing data is available for this year.$4.22$6.92$2.70$7.72$7.35$0.37
2020Detailed filing. Detailed filing data is available for this year.$4.58$7.27$2.68$7.76$7.96$0.19
2019Detailed filing. Detailed filing data is available for this year.$5.60$7.70$2.10$7.14$7.26$0.12
2018Detailed filing. Detailed filing data is available for this year.$6.60$9.35$2.75$7.00$7.92$0.93
2017Detailed filing. Detailed filing data is available for this year.$7.96$9.79$1.82$6.64$7.77$1.13
2016Detailed filing. Detailed filing data is available for this year.$2.53$3.50$0.96$6.04$6.10$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.07$2.97$0.90$5.25$5.29$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.46$1.28$4.98$4.91$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.57$1.20$5.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$1.10$0.98$5.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.96$1.32$5.62