Civic Intelligence

Arcadia Charter School

990 • Fiscal year 2023 • EIN 41-2023497

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

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

96th percentile

1.20x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

0.70x

Higher debt load relative to revenue than 84% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

49th percentile

3.7%

Higher net margin than 49% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

62nd percentile

$89,203

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

42nd percentile

1.8%

Faster asset growth than 42% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-1.5%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,344,205

Up $23,839 (+1.8%) from 2022

Net Assets

Up

-$265,499

Up $392,059 (+60%) from 2022

Liabilities

Down

$1,609,704

Down $368,220 (-19%) from 2022

Revenue

Down

$2,308,539

Down $34,582 (-1.5%) from 2022

Expenses

Up

$2,222,290

Up $233,857 (+12%) from 2022

Net Income

Down

$86,249

Down $268,439 (-76%) from 2022

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

2023

Assets$1,344,205
Liabilities$1,609,704
Net Assets-$265,499

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

2023

Revenue$2,308,539
Expenses$2,222,290
Net Income$86,249
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$2,308,539
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.

SEE PART III, LINE 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$245,373$501,910▲ $256,537
Accounts Receivable$225,836$209,822▼ $16,014
Cash and Non-Interest-Bearing Accounts$270,206$121,765▼ $148,441
Land, Buildings, and Equipment, Net$61,605$54,641▼ $6,964
Pd in Cap Srpls Land Bldg Eqp Fund$61,605$54,641▼ $6,964
Prepaid Expenses and Deferred Charges$28,857$24,355▼ $4,502
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-719,163$-320,140▲ $399,023
Total Assets$1,320,366$1,344,205▲ $23,839
Other Assets Total$488,489$431,712▼ $56,777
Liabilities
Other Liabilities$1,819,912$1,442,085▼ $377,827
Accounts Payable and Accrued Expenses$142,268$167,619▲ $25,351
Deferred Revenue$15,744$0▼ $15,744
Total Liabilities$1,977,924$1,609,704▼ $368,220
Net Assets / Fund Balance
Total Net Assets Fund Balance$-657,558$-265,499▲ $392,059
Total Liabilities and Net Assets / Fund Balance$1,320,366$1,344,205▲ $23,839

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$54,641$142,106$196,747
Other Assets Org$54,674--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura StelterExecutive DirectorFT$73,645$15,558$89,203
Tamra PaulsonSecretary/teacherFT$53,982$16,509$70,491
Tami Kasch-flugumMember/teacherFT$51,269$13,638$64,907
Tammy PrichardTreasurer/teacherFT$38,152$12,405$50,557
Kathleen SchmidtBoard Chair-$1,200-$1,200

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,270,337
Program Service Revenue
$33,455
Investment Income
$1,543
Other Revenue
$3,204
All Other Contributions
$70,029
Change in Net Assets
$86,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,549,559
Other Expenses$672,731
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$925,729$55,574-$981,303
Current Officers, Directors, Trustees, and Key Employees$173,750$96,294-$270,044
Occupancy$229,309--$229,309
Fees for Services Other$146,977$6,514-$153,491
Other Employee Benefits$123,048$15,088-$138,136
Payroll Taxes$70,613$9,803-$80,416
Pension Plan Contributions$75,501$4,159-$79,660
Fees for Services Accounting-$78,000-$78,000
Information Technology$34,322$7,247-$41,569
All Other Expenses$7,136$16,832-$23,968
Other Expenses$20,578--$20,578
Depreciation Depletion$15,291$58-$15,349
Office Expenses$10,692$3,627-$14,319
Conferences and Meetings$13,452$94-$13,546
Insurance$7,433--$7,433
Fees for Services Legal-$1,194-$1,194
Total Functional Expenses$1,927,806$294,484$0$2,222,290
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$1,206,068
Deferred Pension Inflows$236,017
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

As per mn statue 124e.07, staff members employed at the school, including teachers providing instruction under a contract, members of the board of directors, and all parents or legal guardians of children enrolled in the school are the voters eligible to elect the members of the school's board of directors.

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 11B

The board of directors reviews form 990 prior to filing with the irs.

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 to 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.

FORM 990, PART VII, SECTION A:

Per mn statute 124e.07, charter schools are required to have licensed teachers as members of the board of directors. Tammy prichard, tamra paulson, and tami kasch-flugum are board members but received compensation for their services as teachers.

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
Laura Stelter
Title
Executive Director
Phone
5076638806
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Stelter
Formed
2003
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
6
Employees
49
Volunteers
6

Preparer

Firm
Creative Planning Tax LLC
Address
220 PARK AVE S, ST CLOUD, MN 56301
Preparer
Marie a Primus CPA
Phone
5157275700
Supplemental Narrative

Additional Explanations

FORM 990, PART X, LINE 25:

Pension liabilities, deferred outflows & inflows pension: as a charter school in the state of minnesota, participation in two multiple-employer, cost-sharing defined benefit pension plans is statutorily required. The school's contributions to the plans are also regulated by statute and are based on a percentage of salaries and wages earned by current employees. Therefore, while the net pension liability, deferred outflows and inflows, are reported on the school's statement of net position, the school is not in a position to directly control the liabilities or the subsequent liquidation of the liabilities.

FORM 990, PART XI, LINE 9:

Gasb pension adjustment 305,810.

Financial Statement Notes

PART X, LINE 2:

The charter school is exempt from income taxes under section 501(c)(3) of the internal revenue code. The charter school also qualifies as a tax-exempt organization under applicable statutes of the state of minnesota. The organization has evaluated and determined that there are no uncertain tax positions as of june 30, 2023. The charter 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.

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IRS990/Desc0ARCADIA CHARTER SCHOOL PROVIDES A CHOICE IN PUBLIC EDUCATION TO 6TH-12TH GRADE STUDENTS 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 YEAR-LONG SENIOR PROJECT. WE HAVE A POSITIVE AND COLLABORATIVE RELATIONSHIP WITH NORTHFIELD PUBLIC SCHOOL. THE ARCADIA STAFF WORKS VERY HARD TO CREATE INDIVIDUAL LEARNING PLANS FOR ALL STUDENTS WHILE MAINTAINING PERSONAL CONNECTIONS WITH FAMILIES. 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 114 STUDENTS FOR THE 2022-23 ACADEMIC YEAR.
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IRS990/InformationTechnologyGrp/TotalAmt041569
IRS990/InsuranceGrp/ProgramServicesAmt07433
IRS990/InsuranceGrp/TotalAmt07433
IRS990/InvestmentIncomeGrp/ExclusionAmt01543
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01543
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0142106
IRS990/LandBldgEquipBasisNetGrp/BOYAmt061605
IRS990/LandBldgEquipBasisNetGrp/EOYAmt054641
IRS990/LandBldgEquipCostOrOtherBssAmt0196747
IRS990/LegalDomicileStateCd0MN
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
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, FUTURE EMPLOYMENT, AND ENGAGED CITIZENSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-657558
IRS990/NetAssetsOrFundBalancesEOYAmt0-265499
IRS990/NetIncomeOrLossGrp/ExclusionAmt03126
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt03126
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt078
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt078
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0229309
IRS990/OccupancyGrp/TotalAmt0229309
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03627
IRS990/OfficeExpensesGrp/ProgramServicesAmt010692
IRS990/OfficeExpensesGrp/TotalAmt014319
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0488489
IRS990/OtherAssetsTotalGrp/EOYAmt0431712
IRS990/OtherChangesInNetAssetsAmt0305810
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015088
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0123048
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0138136
IRS990/OtherExpensesGrp/Desc0FIELD TRIPS
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt026199
IRS990/OtherExpensesGrp/ProgramServicesAmt124802
IRS990/OtherExpensesGrp/ProgramServicesAmt222974
IRS990/OtherExpensesGrp/ProgramServicesAmt320578
IRS990/OtherExpensesGrp/TotalAmt026199
IRS990/OtherExpensesGrp/TotalAmt124802
IRS990/OtherExpensesGrp/TotalAmt222974
IRS990/OtherExpensesGrp/TotalAmt320578
IRS990/OtherLiabilitiesGrp/BOYAmt01819912
IRS990/OtherLiabilitiesGrp/EOYAmt01442085
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt055574
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0925729
IRS990/OtherSalariesAndWagesGrp/TotalAmt0981303
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09803
IRS990/PayrollTaxesGrp/ProgramServicesAmt070613
IRS990/PayrollTaxesGrp/TotalAmt080416
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt061605
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt054641
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04159
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt075501
IRS990/PensionPlanContributionsGrp/TotalAmt079660
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028857
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024355
IRS990/PrincipalOfficerNm0LAURA STELTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0MEDICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SALES TO PUPILS/S
IRS990/ProgramServiceRevenueGrp/Desc2FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017805
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110421
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25229
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017805
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110421
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25229
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02304612
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-2731
IRS990/PYOtherExpensesAmt0748930
IRS990/PYOtherRevenueAmt03951
IRS990/PYProgramServiceRevenueAmt037289
IRS990/PYRevenuesLessExpensesAmt0354688
IRS990/PYSalariesCompEmpBnftPaidAmt01239503
IRS990/PYTotalExpensesAmt01988433
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02343121
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt086249
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt078
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt033455
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0245373
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0501910
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt054641
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0142106
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0196747
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0377038
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt154674
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED PENSION OUTFLOWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM ARCADIA BUILDING COMPANY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01206068
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1236017
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED PENSION INFLOWS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CHARTER SCHOOL ALSO QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER APPLICABLE STATUTES OF THE STATE OF MINNESOTA. THE ORGANIZATION HAS EVALUATED AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023. THE CHARTER 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/TotalBookValueLandBuildingsAmt054641
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0431712
IRS990ScheduleD/TotalLiabilityAmt01442085
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/ExplanationTxt1AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVED STATE EDUCATION AID AND FEDERAL GRANT FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS PER MN STATUE 124E.07, STAFF MEMBERS EMPLOYED AT THE SCHOOL, INCLUDING TEACHERS PROVIDING INSTRUCTION UNDER A CONTRACT, MEMBERS OF THE BOARD OF DIRECTORS, AND ALL PARENTS OR LEGAL GUARDIANS OF CHILDREN ENROLLED IN THE SCHOOL ARE THE VOTERS ELIGIBLE TO ELECT THE MEMBERS OF THE SCHOOL'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS FORM 990 PRIOR TO FILING WITH THE IRS.
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 TO 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE LICENSED TEACHERS AS MEMBERS OF THE BOARD OF DIRECTORS. TAMMY PRICHARD, TAMRA PAULSON, AND TAMI KASCH-FLUGUM ARE BOARD MEMBERS BUT RECEIVED COMPENSATION FOR THEIR SERVICES AS TEACHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PENSION LIABILITIES, DEFERRED OUTFLOWS & INFLOWS PENSION: AS A CHARTER SCHOOL IN THE STATE OF MINNESOTA, PARTICIPATION IN TWO MULTIPLE-EMPLOYER, COST-SHARING DEFINED BENEFIT PENSION PLANS IS STATUTORILY REQUIRED. THE SCHOOL'S CONTRIBUTIONS TO THE PLANS ARE ALSO REGULATED BY STATUTE AND ARE BASED ON A PERCENTAGE OF SALARIES AND WAGES EARNED BY CURRENT EMPLOYEES. THEREFORE, WHILE THE NET PENSION LIABILITY, DEFERRED OUTFLOWS AND INFLOWS, ARE REPORTED ON THE SCHOOL'S STATEMENT OF NET POSITION, THE SCHOOL IS NOT IN A POSITION TO DIRECTLY CONTROL THE LIABILITIES OR THE SUBSEQUENT LIQUIDATION OF THE LIABILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GASB PENSION ADJUSTMENT 305,810.
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 11B
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 VII, SECTION A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART X, LINE 25:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0ARCADIA CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ARCADIA BUILDING COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0832837263
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL HOUSE RENTAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01719 CANNON ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NORTHFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055057
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01

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