Civic Intelligence

Kato Public Charter School

990 • Fiscal year 2017 • EIN 41-1969573

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 27, 2017

Organization Profilewww.katopcs.org
110 N 6th StMankato, MN 56001

(507) 387-5524

Siviq Scores

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

Liabilities / Assets

48th percentile

0.08x

Higher debt load relative to assets than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

36th percentile

0.05x

Higher debt load relative to revenue than 36% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

29th percentile

-4.1%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

24th percentile

-3.4%

Faster asset growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

28th percentile

-4.1%

Faster revenue growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$593,179

Down $20,960 (-3.4%) from 2016

Net Assets

Down

$545,304

Down $41,940 (-7.1%) from 2016

Liabilities

Up

$47,875

Up $20,980 (+78%) from 2016

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin29th percentile

Revenue

Down

$1,013,715

Down $43,506 (-4.1%) from 2016

Expenses

Up

$1,055,655

Up $33,669 (+3.3%) from 2016

Net Income

Down

-$41,940

Down $77,175 (-219%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$800K$600K$400K$200K$0Assets 2011: $373,055Liabilities 2011: $34,888Net Assets 2011: $338,1672011Assets 2012: $422,665Liabilities 2012: $54,283Net Assets 2012: $368,3822012Assets 2013: $431,976Liabilities 2013: $28,619Net Assets 2013: $403,3572013Assets 2014: $526,750Liabilities 2014: $12,139Net Assets 2014: $514,6112014Assets 2015: $582,065Liabilities 2015: $30,056Net Assets 2015: $552,0092015Assets 2016: $614,139Liabilities 2016: $26,895Net Assets 2016: $587,2442016Assets 2017: $593,179Liabilities 2017: $47,875Net Assets 2017: $545,3042017Assets 2018: $670,142Liabilities 2018: $63,823Net Assets 2018: $606,3192018Assets 2019: $460,492Liabilities 2019: $51,382Net Assets 2019: $409,1102019Assets 2020: $223,773Liabilities 2020: $30,317Net Assets 2020: $193,4562020Assets 2021: $371,603Liabilities 2021: $193,590Net Assets 2021: $178,0132021Assets 2022: $284,854Liabilities 2022: $143,427Net Assets 2022: $141,4272022Assets 2023: $341,712Liabilities 2023: $142,217Net Assets 2023: $199,4952023Assets 2024: $328,450Liabilities 2024: $40,097Net Assets 2024: $288,3532024

Highlighted filing

2017

Assets$593,179
Liabilities$47,875
Net Assets$545,304
Open 2017 Filing

Operations Trend

Revenue Growth28th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $864,8922011Expenses 2012: $864,8012012Expenses 2013: $852,7012013Revenue 2014: $952,669Expenses 2014: $841,415Net Income 2014: $111,2542014Revenue 2015: $976,983Expenses 2015: $939,585Net Income 2015: $37,3982015Revenue 2016: $1,057,221Expenses 2016: $1,021,986Net Income 2016: $35,2352016Revenue 2017: $1,013,715Expenses 2017: $1,055,655Net Income 2017: -$41,9402017Revenue 2018: $1,011,841Expenses 2018: $950,826Net Income 2018: $61,0152018Revenue 2019: $881,599Expenses 2019: $1,074,391Net Income 2019: -$192,7922019Revenue 2020: $991,008Expenses 2020: $1,206,662Net Income 2020: -$215,6542020Revenue 2021: $1,107,670Expenses 2021: $1,123,113Net Income 2021: -$15,4432021Revenue 2022: $1,259,869Expenses 2022: $1,296,455Net Income 2022: -$36,5862022Revenue 2023: $1,173,853Expenses 2023: $1,115,785Net Income 2023: $58,0682023Revenue 2024: $1,300,823Expenses 2024: $1,211,965Net Income 2024: $88,8582024

Highlighted filing

2017

Revenue$1,013,715
Expenses$1,055,655
Net Income-$41,940
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 27, 2017
Return Version
2016v3.0
Gross Receipts
$1,013,715
Mission and Program Overview

Mission

See part I, line 1

Kato Public Charter School is a charter school designed to meet the needs of students, both in the present and for the future. We are an ever-changing school in an ever-changing society. The intention of Kato Public Charter School is to give students a strong, performance-based education closely related to real life experiences. We specialize in helping students reach their potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$327,251$287,891▼ $39,360
Pledges and Grants Receivable$101,685$134,782▲ $33,097
Cash and Non-Interest-Bearing Accounts$141,363$129,142▼ $12,221
Land, Buildings, and Equipment, Net$31,550$29,741▼ $1,809
Prepaid Expenses and Deferred Charges$10,332$11,497▲ $1,165
Accounts Receivable$1,958$126▼ $1,832
Total Assets$614,139$593,179▼ $20,960
Liabilities
Accounts Payable and Accrued Expenses$25,174$38,970▲ $13,796
Mortgage Notes Payable Secured by Investment Property$396$8,001▲ $7,605
Deferred Revenue$1,325$724▼ $601
Grants Payable-$180-
Total Liabilities$26,895$47,875▲ $20,980
Net Assets / Fund Balance
Unrestricted Net Assets$583,746$536,065▼ $47,681
Temporarily Rstr Net Assets$3,498$9,239▲ $5,741
Total Net Assets Fund Balance$587,244$545,304▼ $41,940
Total Liabilities and Net Assets / Fund Balance$614,139$593,179▼ $20,960

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,741$178,907$208,648
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Brent RossowChairperson
Trevor BragetVice Chairperson
Claudia MadrigalEx-officio non voting memb
Craig AndersonMember
Laurie PutzeMember
Amanda WirigMember (Feb - June)
Leah GrossenburgMember (July - Jan)
Nicole SiirtolaMember (July - Jan)
Jim TimmermanSecretary
Bradley WolfeTreasurer (Feb-June)

Highest Paid Contractors

ContractorServicesLocationCompensation
Edvisions CooperativeClassroom instructors & business service501 Main Street PO Box 518, Henderson, MN 56044$526,988
Revenue and Support

Revenue Composition

Contributions and Grants
$1,006,930
Program Service Revenue
$5,397
Investment Income
$1,388
Other Revenue
$0
All Other Contributions
$10,517
Change in Net Assets
$-41,940

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,013,715
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,013,715
Total Revenue per Form 990
$1,013,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,055,655
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
Fees for Services Other$611,325$158,528-$769,853
Occupancy$175,212--$175,212
Travel$22,740$1,186-$23,926
Fees for Services Accounting-$10,238-$10,238
Depreciation Depletion$9,167$983-$10,150
Information Technology$7,318--$7,318
All Other Expenses$3,297$1,209-$4,506
Office Expenses-$4,228-$4,228
Other Expenses$5,500$4,160-$4,160
Advertising-$1,465-$1,465
Interest-$306-$306
Total Functional Expenses$860,512$195,143$0$1,055,655

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,055,655
Total Expenses per Audited Statements$1,055,655
Total Expenses per Form 990$1,055,655
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
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 Finance Committee reviews the form 990 and it is then presented to the board for approval prior to filing.”

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

“The Finance Committee monitors compliance with the conflict of interest policy. Each instance of noncompliance is dealt with individually.”

Form 990, Part VI, Section C, line 18

“Upon request.”

Form 990, Part VI, Section C, line 19

“Upon request.”

Filing and Contact Details

Filer

Filer Name
Kato Public Charter School
EIN
41-1969573
Phone
5073875524
Address
110 N 6th St, Mankato, MN 56001

Signing Officer

Name
Brent Rossow
Title
Chairperson
Phone
5073875524
Signed
2017-09-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Rossow
Formed
2000
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
9
Employees
0
Volunteers
20

Preparer

Firm
Abdo Eick & Meyers LLP
Address
100 Warren St Ste 600, Mankato, MN 56001
Preparer
Thomas J Olinger CPA
Phone
5076252727
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Contracted Services - Educators : Program service expenses 611,325. Management and general expenses 0. Fundraising expenses 0. Total expenses 611,325. Contracted services - management : Program service expenses 0. Management and general expenses 158,528. Fundraising expenses 0. Total expenses 158,528.”

Form 990, Part XII, Line 2C

“The board of directors assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant. The process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The School is exempt from income taxes under Section 501(c)(3)of the Internal Revenue Code. The School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30,2017, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The school files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.”

Raw XML AppendixShowing 400 of 438 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/BOYAmt025174
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt038970
IRS990/AccountsReceivableGrp/BOYAmt01958
IRS990/AccountsReceivableGrp/EOYAmt0126
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Kato Public Charter School is a charter school designed to meet the needs of students, both in the present and for the future. We are an ever-changing school in an ever-changing society. The intention of Kato Public Charter School is to give students a strong, performance-based education closely related to real life experiences. We specialize in helping students reach their potential.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01465
IRS990/AdvertisingGrp/TotalAmt01465
IRS990/AllOtherContributionsAmt010517
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01209
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03297
IRS990/AllOtherExpensesGrp/TotalAmt04506
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Lisa Donth
IRS990/BooksInCareOfDetail/PhoneNum05073875524
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0110 North 6th Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Mankato
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056001
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0141363
IRS990/CashNonInterestBearingGrp/EOYAmt0129142
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0526988
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0501 Main Street PO Box 518
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Henderson
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd056044
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Edvisions Cooperative
IRS990/ContractorCompensationGrp/ServicesDesc0Classroom instructors & business service
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01006930
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01388
IRS990/CYOtherExpensesAmt01055655
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05397
IRS990/CYRevenuesLessExpensesAmt0-41940
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01055655
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01013715
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01325
IRS990/DeferredRevenueGrp/EOYAmt0724
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0983
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09167
IRS990/DepreciationDepletionGrp/TotalAmt010150
IRS990/Desc0Kato public charter school provides an educational program for approximately 70 students in grades six through twelve.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0860512
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010238
IRS990/FeesForServicesAccountingGrp/TotalAmt010238
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0158528
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0611325
IRS990/FeesForServicesOtherGrp/TotalAmt0769853
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
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/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Brent Rossow
IRS990/Form990PartVIISectionAGrp/PersonNm1Trevor Braget
IRS990/Form990PartVIISectionAGrp/PersonNm2Bradley Wolfe
IRS990/Form990PartVIISectionAGrp/PersonNm3Nicole Siirtola
IRS990/Form990PartVIISectionAGrp/PersonNm4Jim Timmerman
IRS990/Form990PartVIISectionAGrp/PersonNm5Laurie Putze
IRS990/Form990PartVIISectionAGrp/PersonNm6Amanda Wirig
IRS990/Form990PartVIISectionAGrp/PersonNm7Leah Grossenburg
IRS990/Form990PartVIISectionAGrp/PersonNm8Claudia Madrigal
IRS990/Form990PartVIISectionAGrp/PersonNm9Craig Anderson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer (Feb-June)
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member (July - Jan)
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member (Feb - June)
IRS990/Form990PartVIISectionAGrp/TitleTxt7Member (July - Jan)
IRS990/Form990PartVIISectionAGrp/TitleTxt8Ex-officio non voting memb
IRS990/Form990PartVIISectionAGrp/TitleTxt9Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt01200
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0996413
IRS990/GrantsPayableGrp/EOYAmt0180
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01200
IRS990/GrossReceiptsAmt01013715
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt07318
IRS990/InformationTechnologyGrp/TotalAmt07318
IRS990/InterestGrp/ManagementAndGeneralAmt0306
IRS990/InterestGrp/TotalAmt0306
IRS990/InvestmentIncomeGrp/ExclusionAmt0188
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0188
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0178907
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031550
IRS990/LandBldgEquipBasisNetGrp/EOYAmt029741
IRS990/LandBldgEquipCostOrOtherBssAmt0208648
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0See part I, line 1
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0396
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08001
IRS990/NetAssetsOrFundBalancesBOYAmt0587244
IRS990/NetAssetsOrFundBalancesEOYAmt0545304
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01200
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01200
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0175212
IRS990/OccupancyGrp/TotalAmt0175212
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04228
IRS990/OfficeExpensesGrp/TotalAmt04228
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Supplies & materials
IRS990/OtherExpensesGrp/Desc1Dues & memberships
IRS990/OtherExpensesGrp/Desc2Repairs & maintenance
IRS990/OtherExpensesGrp/Desc3Loss on Disposal
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012840
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14160
IRS990/OtherExpensesGrp/ProgramServicesAmt025953
IRS990/OtherExpensesGrp/ProgramServicesAmt15500
IRS990/OtherExpensesGrp/TotalAmt025953
IRS990/OtherExpensesGrp/TotalAmt112840
IRS990/OtherExpensesGrp/TotalAmt25500
IRS990/OtherExpensesGrp/TotalAmt34160
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0101685
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0134782
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010332
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011497
IRS990/PrincipalOfficerNm0BRENT ROSSOW
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Charges for services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05397
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01050420
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0100
IRS990/PYOtherExpensesAmt01021986
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06701
IRS990/PYRevenuesLessExpensesAmt035235
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01021986
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01057221
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-41940
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05397
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0327251
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0287891
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt029741
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0178907
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0208648
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01055655
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01013715
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School is exempt from income taxes under Section 501(c)(3)of the Internal Revenue Code. The School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30,2017, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The school files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029741
IRS990ScheduleD/TotalExpensesPerForm990Amt01055655
IRS990ScheduleD/TotalRevenuePerForm990Amt01013715
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01013715
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01055655
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/ExplanationTxt0Since the charter school is a public school under Minnesota statutes, there can be no racial discrimination.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Kato Public Charter School receives financial assistance from the Minnesota Department of Education and the U.S. Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Finance Committee reviews the form 990 and it is then presented to the board for approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Finance Committee monitors compliance with the conflict of interest policy. Each instance of noncompliance is dealt with individually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contracted Services - Educators : Program service expenses 611,325. Management and general expenses 0. Fundraising expenses 0. Total expenses 611,325. Contracted services - management : Program service expenses 0. Management and general expenses 158,528. Fundraising expenses 0. Total expenses 158,528.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The board of directors assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant. The process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03498
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt09239
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0614139
IRS990/TotalAssetsEOYAmt0593179
IRS990/TotalAssetsGrp/BOYAmt0614139
IRS990/TotalAssetsGrp/EOYAmt0593179
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01006930
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0195143
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0860512
IRS990/TotalFunctionalExpensesGrp/TotalAmt01055655
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026895
IRS990/TotalLiabilitiesEOYAmt047875
IRS990/TotalLiabilitiesGrp/BOYAmt026895
IRS990/TotalLiabilitiesGrp/EOYAmt047875
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0587244
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0545304
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0860512
IRS990/TotalProgramServiceRevenueAmt05397
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0188
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06597
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01013715
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0614139
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0593179
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01186
IRS990/TravelGrp/ProgramServicesAmt022740
IRS990/TravelGrp/TotalAmt023926
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0583746
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0536065
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0110 N 6th St
IRS990/USAddress/CityNm0Mankato
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056001
IRS990/VotingMembersGoverningBodyCnt010

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$593,179
Liabilities
$47,875
Net assets
$545,304
Revenue
$1,013,715
Expenses
$1,055,655
Net income
-$41,940
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.04$0.29$1.30$1.21$0.09
2023Summary only. Only limited summary data is available for this year.$0.34$0.14$0.20$1.17$1.12$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.14$0.14$1.26$1.30$0.04
2021Summary only. Only limited summary data is available for this year.$0.37$0.19$0.18$1.11$1.12$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.03$0.19$0.99$1.21$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.05$0.41$0.88$1.07$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.06$0.61$1.01$0.95$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.05$0.55$1.01$1.06$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.03$0.59$1.06$1.02$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.58$0.03$0.55$0.98$0.94$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.01$0.51$0.95$0.84$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.03$0.40$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.05$0.37$0.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.03$0.34$0.86