Civic Intelligence

Arcadia Charter School

990 • Fiscal year 2016 • EIN 41-2023497

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

1719 Cannon RoadNorthfield, MN 55057

(507) 663-8806

Siviq Scores

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

Liabilities / Assets

98th percentile

1.93x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.66x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

53rd percentile

3.2%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$60,564

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

80th percentile

17%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

62nd percentile

8.2%

Faster revenue growth than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$602,650

Up $87,736 (+17%) from 2015

Net Assets

Up

-$561,079

Up $68,912 (+11%) from 2015

Liabilities

Up

$1,163,729

Up $18,824 (+1.6%) from 2015

Revenue

Up

$1,752,170

Up $132,103 (+8.2%) from 2015

Expenses

Up

$1,695,513

Up $77,908 (+4.8%) from 2015

Net Income

Up

$56,657

Up $54,195 (+2201%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2010: $484,151Liabilities 2010: $303,308Net Assets 2010: $180,8432010Assets 2011: $426,439Liabilities 2011: $261,248Net Assets 2011: $165,1912011Assets 2012: $524,708Liabilities 2012: $337,607Net Assets 2012: $187,1012012Assets 2013: $323,500Liabilities 2013: $112,137Net Assets 2013: $211,3632013Assets 2014: $396,744Liabilities 2014: $144,265Net Assets 2014: $252,4792014Assets 2015: $514,914Liabilities 2015: $1,144,905Net Assets 2015: -$629,9912015Assets 2016: $602,650Liabilities 2016: $1,163,729Net Assets 2016: -$561,0792016Assets 2017: $465,275Liabilities 2017: $1,431,605Net Assets 2017: -$966,3302017Assets 2018: $2,023,325Liabilities 2018: $3,398,057Net Assets 2018: -$1,374,7322018Assets 2019: $1,683,090Liabilities 2019: $2,684,313Net Assets 2019: -$1,001,2232019Assets 2020: $1,376,496Liabilities 2020: $2,452,875Net Assets 2020: -$1,076,3792020Assets 2021: $1,391,111Liabilities 2021: $2,495,289Net Assets 2021: -$1,104,1782021Assets 2022: $1,320,366Liabilities 2022: $1,977,924Net Assets 2022: -$657,5582022Assets 2023: $1,344,205Liabilities 2023: $1,609,704Net Assets 2023: -$265,4992023Assets 2024: $1,235,799Liabilities 2024: $1,590,343Net Assets 2024: -$354,5442024

Highlighted filing

2016

Assets$602,650
Liabilities$1,163,729
Net Assets-$561,079

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,362,1862010Expenses 2011: $1,457,9692011Expenses 2012: $1,382,9032012Revenue 2013: $1,453,521Expenses 2013: $1,429,259Net Income 2013: $24,2622013Revenue 2014: $1,511,196Expenses 2014: $1,470,080Net Income 2014: $41,1162014Revenue 2015: $1,620,067Expenses 2015: $1,617,605Net Income 2015: $2,4622015Revenue 2016: $1,752,170Expenses 2016: $1,695,513Net Income 2016: $56,6572016Revenue 2017: $2,088,953Expenses 2017: $2,494,204Net Income 2017: -$405,2512017Revenue 2018: $1,951,530Expenses 2018: $2,359,932Net Income 2018: -$408,4022018Revenue 2019: $2,006,670Expenses 2019: $1,994,159Net Income 2019: $12,5112019Revenue 2020: $1,972,922Expenses 2020: $1,977,857Net Income 2020: -$4,9352020Revenue 2021: $1,906,395Expenses 2021: $1,881,891Net Income 2021: $24,5042021Revenue 2022: $2,343,121Expenses 2022: $1,988,433Net Income 2022: $354,6882022Revenue 2023: $2,308,539Expenses 2023: $2,222,290Net Income 2023: $86,2492023Revenue 2024: $2,129,003Expenses 2024: $2,085,143Net Income 2024: $43,8602024

Highlighted filing

2016

Revenue$1,752,170
Expenses$1,695,513
Net Income$56,657
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$1,752,170
Mission and Program Overview

Mission

It is the mission of arcadia charter school to prepare our students to transition intellectually, emotionally, and ethically to higher education, future employment, and engaged citizenship.

Offering a high level of art and technology options within the project based learning model.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$221,483$278,743▲ $57,260
Land, Buildings, and Equipment, Net$63,156$74,900▲ $11,744
Pd in Cap Srpls Land Bldg Eqp Fund$63,156$74,900▲ $11,744
Cash and Non-Interest-Bearing Accounts$91,677$54,607▼ $37,070
Prepaid Expenses and Deferred Charges$6,410$12,385▲ $5,975
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-693,147$-635,979▲ $57,168
Total Assets$514,914$602,650▲ $87,736
Other Assets Total$132,188$182,015▲ $49,827
Liabilities
Other Liabilities$1,028,391$1,057,715▲ $29,324
Accounts Payable and Accrued Expenses$115,670$104,825▼ $10,845
Deferred Revenue$844$1,189▲ $345
Total Liabilities$1,144,905$1,163,729▲ $18,824
Net Assets / Fund Balance
Total Net Assets Fund Balance$-629,991$-561,079▲ $68,912
Total Liabilities and Net Assets / Fund Balance$514,914$602,650▲ $87,736

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$74,900$85,214$160,114
Other Assets Org$182,015--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary BraunTreasurer/teacherFT$51,717$8,847$60,564
Sarah WallisMember/teacherFT$39,125$7,572$46,697
Kate WernerSecretary/teacherFT$39,197$7,346$46,543
Patrick ExnerExecutive DirectorFT$31,818$8,783$40,601

Board Members and Trustees

NameTitle
Sheri AcostaChair
Tom KastanVice Chair
Elizabeth HurlbertMember
Laura StelterMember
Sara LineMember
Sean FoxMember
Revenue and Support

Revenue Composition

Contributions and Grants
$1,734,703
Program Service Revenue
$15,980
Investment Income
$150
Other Revenue
$1,337
All Other Contributions
$8,087
Change in Net Assets
$56,657

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,752,020
Revenue Not Reported on Financial Statements
$150
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$150
Total Revenue per Audited Statements
$1,752,020
Total Revenue per Form 990
$1,752,170
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,113,262
Other Expenses$582,251
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$448,921$84,657-$533,578
Current Officers, Directors, Trustees, and Key Employees$179,637$78,207-$257,844
Occupancy$235,487--$235,487
Comp Disqual Persons$139,338--$139,338
Fees for Services Other$109,019$22,192-$131,211
Other Employee Benefits$60,983$10,842-$71,825
Office Expenses$58,920$12,697-$71,617
Payroll Taxes$57,167$12,415-$69,582
Pension Plan Contributions$34,674$6,421-$41,095
Depreciation Depletion$23,157$483-$23,640
Insurance$10,370--$10,370
Other Expenses$6,035$3,238-$6,035
Conferences and Meetings$3,676$1,819-$5,495
Fees for Services Legal-$4,843-$4,843
Fees for Services Accounting-$3,354-$3,354
Interest$2,136--$2,136
Total Functional Expenses$1,454,345$241,168$0$1,695,513

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,715,505
Total Expenses per Form 990$1,695,513
Expenses per Audited Statements$1,671,873
Expenses Not Reported on Form 990$43,632
Expenses Not Reported on Financial Statements$23,640
Other Expense Adjustments$23,640
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Give to the Max$17,052---
Total Events$17,052---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Liability Payable$930,732
Deferred Pension Inflows$123,960
Capital Lease Payable$3,023
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 A, Line 7A

The membership of the school board consists of nine elected directors, including three licensed teachers employed at the school, three parents or guardians of student(s) currently enrolled at arcadia, and one interested community member who is not employed by arcadia and does not have a child enrolled at the school and two at-large positions to be filled by either parents or community members.

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

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

Form 990, Part VI, Section B, Line 11

No review was or will be conducted.

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

Officers and directors review this policy at the start of each year and each member is asked if they have any conflicts or potential conflicts to disclose. If a conflict exists, they are asked to identify them in detail. Directors and officers are be excluded from discussion and/or voting on issues in which they have a conflict of interest as defined in board policy.

Form 990, Part VI, Section B, Line 15A

Compensation for the executive director is reviewed and approved by the board of directors using appropriate comparability data and contemporaneous substantiation. The school board refers to the mn charter school compensation survey report, a survey conducted by the minnesota association of charter schools (macs), when reviewing and approving the compensation of the executive director. This report was first introduced in 2005-2006 and is currently conducted every two years. The report provides information on salary ranges and benefits of charter school employees across the state of minnesota. This process last occurred in 2016.

Form 990, Part VI, Section C, Line 19

The school's governing documents are made available to the public on their website and through their local news paper.

Filing and Contact Details

Filer

Filer Name
Arcadia Charter School
EIN
41-2023497
Phone
5076638806
Address
1719 CANNON ROAD, NORTHFIELD, MN 55057

Signing Officer

Name
Barb Wornson
Title
Executive Director
Phone
5076638806
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barb Wornson
Formed
2003
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
6
Employees
40
Volunteers
25

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Dennis Hoogeveen
Phone
6123764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in pension liability 12,255.

FORM 990, PART XII, LINE 1, EXPLANATION FOR METHOD OF ACCOUNTING:

The school follows a modified accrual method of accounting as prescribed by the minnesota department of education. The school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Proceeds from sale of equipment 150.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Payment on principal 8,248. Capital expenditures 35,384.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Depreciation expense 23,640.

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IRS990/Desc0ARCADIA CHARTER SCHOOL PROVIDES A CHOICE IN PUBLIC EDUCATION TO 6TH-12TH GRADE STUDENT IN NORTHFIELD AND OUR SURROUNDING COMMUNITIES. OUR PROJECT BASED SCHOOL IS FREE AND OPEN TO ALL. INNOVATIVE AND EXCITING THINGS ARE TAKING PLACE HERE AT ARCADIA! STUDENTS HAVE INDIVIDUAL LEARNING PLANS AND ARE CREATING INTEREST-DRIVEN PROJECTS IN ADDITION TO ATTENDING TRADITIONAL CLASSES. NOT ONLY ARE OUR STUDENTS REQUIRED TO MEET ALL MINNESOTA STATE STANDARDS, BUT THEY ARE ALSO RESPONSIBLE FOR ADDITIONAL CREDITS THROUGH QUARTERLY PROJECT WORK, A SEMESTER LONG JUNIOR PROJECT AND A YEAR-LONG SENIOR PROJECT. WE ARE PROUD TO OFFER A 16:1 STUDENT TO TEACHER RATIO AND A 100% GRADUATION RATE. WE HAVE A POSITIVE AND COLLABORATIVE RELATIONSHIP WITH NORTHFIELD PUBLIC SCHOOLS AND MANY EXTRA-CURRICULAR ACTIVITIES ARE PROVIDED FOR OUR STUDENTS AT NOT ONLY OUR SITE BUT ALSO AT NORTHFIELD SCHOOLS.THE ARCADIA STAFF WORKS VERY HARD TO CREATE INDIVIDUAL LEARNING PLANS FOR ALL STUDENTS WHILE MAINTAINING PERSONAL CONNECTIONS WITH FAMILIES. OUR SCHOOL DAY STARTS OUT WITH MORNING CIRCLE THAT GROUNDS OUR STUDENTS IN COMMUNITY AND A SENSE OF BELONGING. ARCADIA'S SMALL SIZE ALLOWS US TO ASSIST PARENTS IN THE EDUCATION OF THEIR CHILD WHILE PROVIDING A PERSONAL TOUCH LONG GONE FROM LARGER TRADITIONAL PUBLIC SCHOOLS. THIS SENSE OF BELONGING BUILDS ACADEMIC CONFIDENCE WHILE CHALLENGING STUDENTS TO TAKE OWNERSHIP OF THEIR LEARNING.THE SCHOOL ENROLLED APPROXIMATELY 124 STUDENTS FOR THE 2015-16 ACADEMIC YEAR.
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt010370
IRS990/InsuranceGrp/TotalAmt010370
IRS990/InterestGrp/ProgramServicesAmt02136
IRS990/InterestGrp/TotalAmt02136
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt085214
IRS990/LandBldgEquipBasisNetGrp/BOYAmt063156
IRS990/LandBldgEquipBasisNetGrp/EOYAmt074900
IRS990/LandBldgEquipCostOrOtherBssAmt0160114
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0IT IS THE MISSION OF ARCADIA CHARTER SCHOOL TO PREPARE OUR STUDENTS TO TRANSITION INTELLECTUALLY, EMOTIONALLY AND ETHICALLY TO HIGHER EDUCATION AND FUTURE EMPLOYMENT. ARCADIA CHARTER SCHOOL ENVISIONS A LEARNING COMMUNITY THAT ENCOURAGES AND ASSISTS ALL STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-629991
IRS990/NetAssetsOrFundBalancesEOYAmt0-561079
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0150
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0150
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0235487
IRS990/OccupancyGrp/TotalAmt0235487
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012697
IRS990/OfficeExpensesGrp/ProgramServicesAmt058920
IRS990/OfficeExpensesGrp/TotalAmt071617
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0132188
IRS990/OtherAssetsTotalGrp/EOYAmt0182015
IRS990/OtherChangesInNetAssetsAmt012255
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010842
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt060983
IRS990/OtherEmployeeBenefitsGrp/TotalAmt071825
IRS990/OtherExpensesGrp/Desc0SPECIAL EDUCATION EXPEN
IRS990/OtherExpensesGrp/Desc1DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc2CAPITAL OUTLAY
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03238
IRS990/OtherExpensesGrp/ProgramServicesAmt073053
IRS990/OtherExpensesGrp/ProgramServicesAmt15112
IRS990/OtherExpensesGrp/ProgramServicesAmt26660
IRS990/OtherExpensesGrp/ProgramServicesAmt36035
IRS990/OtherExpensesGrp/TotalAmt073053
IRS990/OtherExpensesGrp/TotalAmt18350
IRS990/OtherExpensesGrp/TotalAmt26660
IRS990/OtherExpensesGrp/TotalAmt36035
IRS990/OtherLiabilitiesGrp/BOYAmt01028391
IRS990/OtherLiabilitiesGrp/EOYAmt01057715
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt01337
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01337
IRS990/OtherRevenueTotalAmt01337
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084657
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0448921
IRS990/OtherSalariesAndWagesGrp/TotalAmt0533578
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012415
IRS990/PayrollTaxesGrp/ProgramServicesAmt057167
IRS990/PayrollTaxesGrp/TotalAmt069582
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt063156
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt074900
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06421
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt034674
IRS990/PensionPlanContributionsGrp/TotalAmt041095
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06410
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012385
IRS990/PrincipalOfficerNm0BARB WORNSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1MEDICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc2ACTIVITY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt014382
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0806
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1423
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2369
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014382
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1806
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2423
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3369
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01593878
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0569955
IRS990/PYOtherRevenueAmt0958
IRS990/PYProgramServiceRevenueAmt025231
IRS990/PYRevenuesLessExpensesAmt02462
IRS990/PYSalariesCompEmpBnftPaidAmt01047650
IRS990/PYTotalExpensesAmt01617605
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01620067
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt056657
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01598
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt074900
IRS990ScheduleD/EquipmentGrp/DepreciationAmt085214
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0160114
IRS990ScheduleD/ExpensesNotReportedAmt043632
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt023640
IRS990ScheduleD/ExpensesSubtotalAmt01671873
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0182015
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED PENSION OUTFLOWS
IRS990ScheduleD/OtherExpensesIncludedAmt043632
IRS990ScheduleD/OtherExpensesNotIncludedAmt023640
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03023
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1930732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2123960
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION LIABILITY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED PENSION INFLOWS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0150
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0150
IRS990ScheduleD/RevenueSubtotalAmt01752020
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROCEEDS FROM SALE OF EQUIPMENT 150.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PAYMENT ON PRINCIPAL 8,248. CAPITAL EXPENDITURES 35,384.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION EXPENSE 23,640.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt074900
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0182015
IRS990ScheduleD/TotalExpensesPerForm990Amt01695513
IRS990ScheduleD/TotalLiabilityAmt01057715
IRS990ScheduleD/TotalRevenuePerForm990Amt01752170
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01752020
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01715505
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 POLICY IS CONTAINED IN REGISTRATION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt017052
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt017052
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GIVE TO THE MAX
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017052
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017052
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERSHIP OF THE SCHOOL BOARD CONSISTS OF NINE ELECTED DIRECTORS, INCLUDING THREE LICENSED TEACHERS EMPLOYED AT THE SCHOOL, THREE PARENTS OR GUARDIANS OF STUDENT(S) CURRENTLY ENROLLED AT ARCADIA, AND ONE INTERESTED COMMUNITY MEMBER WHO IS NOT EMPLOYED BY ARCADIA AND DOES NOT HAVE A CHILD ENROLLED AT THE SCHOOL AND TWO AT-LARGE POSITIONS TO BE FILLED BY EITHER PARENTS OR COMMUNITY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND DIRECTORS REVIEW THIS POLICY AT THE START OF EACH YEAR AND EACH MEMBER IS ASKED IF THEY HAVE ANY CONFLICTS OR POTENTIAL CONFLICTS TO DISCLOSE. IF A CONFLICT EXISTS, THEY ARE ASKED TO IDENTIFY THEM IN DETAIL. DIRECTORS AND OFFICERS ARE BE EXCLUDED FROM DISCUSSION AND/OR VOTING ON ISSUES IN WHICH THEY HAVE A CONFLICT OF INTEREST AS DEFINED IN BOARD POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS USING APPROPRIATE COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION. THE SCHOOL BOARD REFERS TO THE MN CHARTER SCHOOL COMPENSATION SURVEY REPORT, A SURVEY CONDUCTED BY THE MINNESOTA ASSOCIATION OF CHARTER SCHOOLS (MACS), WHEN REVIEWING AND APPROVING THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THIS REPORT WAS FIRST INTRODUCED IN 2005-2006 AND IS CURRENTLY CONDUCTED EVERY TWO YEARS. THE REPORT PROVIDES INFORMATION ON SALARY RANGES AND BENEFITS OF CHARTER SCHOOL EMPLOYEES ACROSS THE STATE OF MINNESOTA. THIS PROCESS LAST OCCURRED IN 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SCHOOL'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND THROUGH THEIR LOCAL NEWS PAPER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGE IN PENSION LIABILITY 12,255.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE SCHOOL FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 1, EXPLANATION FOR METHOD OF ACCOUNTING:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.24$1.59$0.35$2.13$2.09$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.34$1.61$0.27$2.31$2.22$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.32$1.98$0.66$2.34$1.99$0.35
2021Detailed filing. Detailed filing data is available for this year.$1.39$2.50$1.10$1.91$1.88$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.38$2.45$1.08$1.97$1.98$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.68$2.68$1.00$2.01$1.99$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.02$3.40$1.37$1.95$2.36$0.41
2017Detailed filing. Detailed filing data is available for this year.$0.47$1.43$0.97$2.09$2.49$0.41
2016Detailed filing. Detailed filing data is available for this year.$0.60$1.16$0.56$1.75$1.70$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.51$1.14$0.63$1.62$1.62$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.14$0.25$1.51$1.47$0.04
2013Summary only. Only limited summary data is available for this year.$0.32$0.11$0.21$1.45$1.43$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.34$0.19$1.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.26$0.17$1.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.30$0.18$1.36