Civic Intelligence

New City School

990 • Fiscal year 2014 • EIN 41-2006469

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 14, 2015

Organization Profilewww.newcitycharterschool.org
229 13th Avenue NE55413-1117

(612) 623-3309

Siviq Scores

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

Liabilities / Assets

55th percentile

0.15x

Higher debt load relative to assets than 55% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

40th percentile

0.07x

Higher debt load relative to revenue than 40% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

55th percentile

4.2%

Higher net margin than 55% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

62nd percentile

$84,112

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

24th percentile

-3.9%

Faster asset growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

84th percentile

35%

Faster revenue growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$785,941

Down $31,565 (-3.9%) from 2013

Net Assets

Up

$667,378

Up $76,094 (+13%) from 2013

Liabilities

Down

$118,563

Down $107,659 (-48%) from 2013

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin55th percentile

Revenue

Up

$1,805,899

Up $470,586 (+35%) from 2013

Expenses

Up

$1,729,805

Up $405,745 (+31%) from 2013

Net Income

Up

$76,094

Up $64,841 (+576%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $834,054Liabilities 2010: $211,444Net Assets 2010: $622,6102010Assets 2011: $823,844Liabilities 2011: $244,558Net Assets 2011: $579,2862011Assets 2012: $842,976Liabilities 2012: $262,945Net Assets 2012: $580,0312012Assets 2013: $817,506Liabilities 2013: $226,222Net Assets 2013: $591,2842013Assets 2014: $785,941Liabilities 2014: $118,563Net Assets 2014: $667,3782014Assets 2015: $1,154,534Liabilities 2015: $1,197,939Net Assets 2015: -$43,4052015Assets 2016: $1,369,521Liabilities 2016: $1,524,130Net Assets 2016: -$154,6092016Assets 2017: $4,216,312Liabilities 2017: $5,019,121Net Assets 2017: -$802,8092017Assets 2018: $3,231,092Liabilities 2018: $4,781,631Net Assets 2018: -$1,550,5392018Assets 2019: $3,134,566Liabilities 2019: $4,100,691Net Assets 2019: -$966,1252019Assets 2020: $2,511,185Liabilities 2020: $3,699,856Net Assets 2020: -$1,188,6712020Assets 2021: $2,369,721Liabilities 2021: $3,578,897Net Assets 2021: -$1,209,1762021Assets 2022: $8,259,913Liabilities 2022: $9,280,462Net Assets 2022: -$1,020,5492022Assets 2023: $7,946,747Liabilities 2023: $9,078,514Net Assets 2023: -$1,131,7672023Assets 2024: $7,459,285Liabilities 2024: $9,005,108Net Assets 2024: -$1,545,8232024

Highlighted filing

2014

Assets$785,941
Liabilities$118,563
Net Assets$667,378
Open 2014 Filing

Operations Trend

Revenue Growth84th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,161,1792010Revenue 2011: $1,154,327Expenses 2011: $1,197,651Net Income 2011: -$43,3242011Expenses 2012: $1,242,6202012Revenue 2013: $1,335,313Expenses 2013: $1,324,060Net Income 2013: $11,2532013Revenue 2014: $1,805,899Expenses 2014: $1,729,805Net Income 2014: $76,0942014Revenue 2015: $2,412,549Expenses 2015: $2,265,001Net Income 2015: $147,5482015Revenue 2016: $2,368,587Expenses 2016: $2,479,791Net Income 2016: -$111,2042016Revenue 2017: $2,561,238Expenses 2017: $3,209,438Net Income 2017: -$648,2002017Revenue 2018: $2,798,987Expenses 2018: $3,546,717Net Income 2018: -$747,7302018Revenue 2019: $3,184,330Expenses 2019: $2,599,916Net Income 2019: $584,4142019Revenue 2020: $3,380,343Expenses 2020: $3,602,889Net Income 2020: -$222,5462020Revenue 2021: $3,538,466Expenses 2021: $3,558,971Net Income 2021: -$20,5052021Revenue 2022: $4,317,991Expenses 2022: $4,129,364Net Income 2022: $188,6272022Revenue 2023: $4,762,199Expenses 2023: $4,873,417Net Income 2023: -$111,2182023Revenue 2024: $5,070,879Expenses 2024: $5,484,935Net Income 2024: -$414,0562024

Highlighted filing

2014

Revenue$1,805,899
Expenses$1,729,805
Net Income$76,094
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 14, 2015
Return Version
2013v4.0
Gross Receipts
$1,805,899
Mission and Program Overview

Mission

New City School will create a learning community that is diverse, knowledgeable, thinking, and caring, and will serve as a demonstration site for best practices in the integration of social and academic learning.

Student instruction based on active academics and citizenship

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$294,313$405,041▲ $110,728
Land, Buildings, and Equipment, Net$296,971$262,337▼ $34,634
Pd in Cap Srpls Land Bldg Eqp Fund$296,971$262,337▼ $34,634
Cash and Non-Interest-Bearing Accounts$193,174$260,851▲ $67,677
Accounts Receivable$210,235$158,687▼ $51,548
Savings and Temporary Cash Investments$78,546$78,717▲ $171
Prepaid Expenses and Deferred Charges$38,580$25,349▼ $13,231
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$817,506$785,941▼ $31,565
Liabilities
Accounts Payable and Accrued Expenses$76,222$89,598▲ $13,376
Deferred Revenue$150,000$28,965▼ $121,035
Total Liabilities$226,222$118,563▼ $107,659
Net Assets / Fund Balance
Total Net Assets Fund Balance$591,284$667,378▲ $76,094
Total Liabilities and Net Assets / Fund Balance$817,506$785,941▼ $31,565

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$231,010$231,010$462,020
Equipment$31,327$52,771$84,098
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jitendrapal KundanDirector of EducationFT$84,112$84,112
Karla BiscoDirectorFT$51,071$51,071
Ven AndersonDirectorFT$41,059$41,059
Marcy MyersDirectorFT$35,063$35,063
Melissa JohnsonDirectorFT$14,438$14,438

Board Members and Trustees

NameTitle
Linda CrawfordChairperson
Gary CrawfordDirector
Vincent EsadesDirector
Jackie ParadisBusiness Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$372,407
Program Service Revenue
$1,433,016
Investment Income
$476
Other Revenue
$0
All Other Contributions
$225,707
Change in Net Assets
$76,094

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,805,899
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,805,899
Total Revenue per Form 990
$1,805,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,063,761
Other Expenses$666,044
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$551,174$27,412-$578,586
Current Officers, Directors, Trustees, and Key Employees$174,836$99,500-$274,336
Occupancy$184,426$3,882-$188,308
Fees for Services Other$156,839$4,374-$161,213
Other Employee Benefits$81,362$3,972-$85,334
Payroll Taxes$55,452$9,709-$65,161
Pension Plan Contributions$51,380$8,964-$60,344
Depreciation Depletion$56,412--$56,412
Fees for Services Accounting-$49,544-$49,544
Office Expenses$36,314$7,557-$43,871
Information Technology$33,184$732-$33,916
Other Expenses$20,348--$20,348
Fees for Services Management$2,078$15,353-$17,431
Insurance-$13,099-$13,099
Conferences and Meetings$12,006--$12,006
Payments to Affiliates-$6,053-$6,053
Fees for Services Legal-$2,576-$2,576
Travel-$68-$68
Total Functional Expenses$1,477,010$252,795$0$1,729,805

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,729,805
Total Expenses per Audited Statements$1,729,805
Total Expenses per Form 990$1,729,805
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

“The Form 990 is prepared by an independent accounting firm. Once the Form is completed, it is given to the School for review before it is signed and filed. It is not provided to all board members in a complete format.”

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

“The board assigns the monitoring to a specific committee who is responsible to review the compliance with the policy. Board members are required to annually complete a conflict of interest statement.”

Form 990, Part VI, Section B, line 15

“An annual review is completed by the governing board. The finance committee of the Board review compensation and recommend approval by the board. A written agreement is put in place.”

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 member that is an employed/contracted teacher.”

Form 990, Part VII. Section A, Line 9

“Jackie Paradis is paid by an unrelated organization for her services provided to the School. These payments are not directly tied to the School and as such are not included on the Schedule J.”

Filing and Contact Details

Filer

EIN
41-2006469
Phone
6126233309

Signing Officer

Name
Jitendrapal Kundan
Title
Director of Education
Phone
6126233309
Signed
2015-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jitendrapal Kundan
Formed
2002
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
3
Employees
30
Volunteers
35

Preparer

Preparer
Thomas A Karnowski
Phone
9525450424
Supplemental Narrative

Additional Explanations

990 Page 11, Part XI, Line 2C:

“The financial statements are prepared by an independent accounting firm. The statements are reviewed and approved by the board before being issued. This process was the same as last year.”

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 2013 was the Novation Education Opportunities.”

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.”

Financial Statement Notes

Part X, Line 2:

“The School is exempt from federal and state income taxes under Internal Revenue Service Code ?? 501(c)(3). The School is subject to tax on income from any unrelated business. The School is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) Accounting Standards Codification 740 10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes). 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 state jurisdiction where they operate. The School believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective 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 June 30, 2014. The School is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods. Open audit periods for both entities are the years ended June 30, 2011, 2012, and 2013.”

Raw XML AppendixShowing 400 of 469 raw XML fields

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

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IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03972
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt081362
IRS990/OtherEmployeeBenefitsGrp/TotalAmt085334
IRS990/OtherExpensesGrp/Desc0Food
IRS990/OtherExpensesGrp/Desc1Field Trips
IRS990/OtherExpensesGrp/ProgramServicesAmt061199
IRS990/OtherExpensesGrp/ProgramServicesAmt120348
IRS990/OtherExpensesGrp/TotalAmt061199
IRS990/OtherExpensesGrp/TotalAmt120348
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027412
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0551174
IRS990/OtherSalariesAndWagesGrp/TotalAmt0578586
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt06053
IRS990/PaymentsToAffiliatesGrp/TotalAmt06053
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09709
IRS990/PayrollTaxesGrp/ProgramServicesAmt055452
IRS990/PayrollTaxesGrp/TotalAmt065161
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0296971
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0262337
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08964
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt051380
IRS990/PensionPlanContributionsGrp/TotalAmt060344
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038580
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025349
IRS990/PrincipalOfficerNm0Jitendrapal Kundan
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0Federal and State Sour
IRS990/ProgramServiceRevenueGrp/Desc1Other Educational Purp
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01414997
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118019
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01414997
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118019
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0145465
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0327
IRS990/PYOtherExpensesAmt0507242
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01189521
IRS990/PYRevenuesLessExpensesAmt011253
IRS990/PYSalariesCompEmpBnftPaidAmt0816818
IRS990/PYTotalExpensesAmt01324060
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01335313
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt076094
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01433016
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt078546
IRS990/SavingsAndTempCashInvstGrp/EOYAmt078717
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/BookValueAmt031327
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052771
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084098
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01729805
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0231010
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0231010
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0462020
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01805899
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School is exempt from federal and state income taxes under Internal Revenue Service Code ?? 501(c)(3). The School is subject to tax on income from any unrelated business. The School is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) Accounting Standards Codification 740 10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes). 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 state jurisdiction where they operate. The School believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective 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 June 30, 2014. The School is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods. Open audit periods for both entities are the years ended June 30, 2011, 2012, and 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0262337
IRS990ScheduleD/TotalExpensesPerForm990Amt01729805
IRS990ScheduleD/TotalRevenuePerForm990Amt01805899
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01805899
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01729805
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 nondiscrimination policy is communicated verbally during the registration period. As of January 2010, all registration and soliciation materials include a statement of the nondiscrimination policy.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School recieves aid through the state of Minnesota for the purpose of providing education services to 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 School for review before it is signed and filed. It is not provided to all board members in a complete format.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board assigns the monitoring to a specific committee who is responsible to review the compliance with the policy. Board members are required to annually complete a conflict of interest statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An annual review is completed by the governing board. The finance committee of the Board review compensation and recommend approval by the board. A written agreement is put in place.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The financial statements are prepared by an independent accounting firm. The statements are reviewed and approved by the board before being issued. This process was the same as last year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Several 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 member that is an employed/contracted teacher.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The 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 2013 was the Novation Education Opportunities.
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/ExplanationTxt8Jackie Paradis is paid by an unrelated organization for her services provided to the School. These payments are not directly tied to the School and as such are not included on the Schedule J.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
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/FormAndLineReferenceDesc4990 Page 11, Part XI, Line 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION A, LINE 1B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Authorizer
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7RELATED ORGANIZATION COMPENSATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VII. Section A, Line 9
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10New City School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10New City School Building Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0465731606
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Facility rental
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509 (a)(3) Type I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10229 13th Ave NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0Minneapolis
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode055413
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0817506
IRS990/TotalAssetsEOYAmt0785941
IRS990/TotalAssetsGrp/BOYAmt0817506

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$785,941
Liabilities
$118,563
Net assets
$667,378
Revenue
$1,805,899
Expenses
$1,729,805
Net income
$76,094
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.46$9.01$1.55$5.07$5.48$0.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.95$9.08$1.13$4.76$4.87$0.11
2022Detailed filing. Detailed filing data is available for this year.$8.26$9.28$1.02$4.32$4.13$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$3.58$1.21$3.54$3.56$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$3.70$1.19$3.38$3.60$0.22
2019Detailed filing. Detailed filing data is available for this year.$3.13$4.10$0.97$3.18$2.60$0.58
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$4.78$1.55$2.80$3.55$0.75
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.22$5.02$0.80$2.56$3.21$0.65
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$1.52$0.15$2.37$2.48$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.15$1.20$0.04$2.41$2.27$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.12$0.67$1.81$1.73$0.08
2013Summary only. Only limited summary data is available for this year.$0.82$0.23$0.59$1.34$1.32$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.26$0.58$1.24
2011Summary only. Only limited summary data is available for this year.$0.82$0.24$0.58$1.15$1.20$0.04
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.21$0.62$1.16
Peer Organizations

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