Civic Intelligence

Sage Academy Charter School Charter School No 4087

990 • Fiscal year 2015 • EIN 41-2023619

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 11, 2015

Organization ProfileWWW.SAGEACADEMY.ORG
3900 85th Ave NBrooklyn Park, MN 55443

(763) 315-4020

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.36x

Higher debt load relative to assets than 72% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

51st percentile

0.12x

Higher debt load relative to revenue than 51% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

55th percentile

4.1%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

87th percentile

33%

Faster asset growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

62nd percentile

8.5%

Faster revenue growth than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$440,144

Up $109,811 (+33%) from 2014

Net Assets

Up

$281,291

Up $56,818 (+25%) from 2014

Liabilities

Up

$158,853

Up $52,993 (+50%) from 2014

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin55th percentile

Revenue

Up

$1,371,134

Up $107,755 (+8.5%) from 2014

Expenses

Up

$1,314,316

Up $122,461 (+10%) from 2014

Net Income

Down

$56,818

Down $14,706 (-21%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$1.0M$500K$0Assets 2011: $388,914Liabilities 2011: $283,394Net Assets 2011: $105,5202011Assets 2012: $402,941Liabilities 2012: $257,331Net Assets 2012: $145,6102012Assets 2013: $308,040Liabilities 2013: $155,091Net Assets 2013: $152,9492013Assets 2014: $330,333Liabilities 2014: $105,860Net Assets 2014: $224,4732014Assets 2015: $440,144Liabilities 2015: $158,853Net Assets 2015: $281,2912015Assets 2016: $400,676Liabilities 2016: $140,200Net Assets 2016: $260,4762016Assets 2017: $246,503Liabilities 2017: $44,241Net Assets 2017: $202,2622017Assets 2018: $250,508Liabilities 2018: $100,982Net Assets 2018: $149,5262018Assets 2019: $312,119Liabilities 2019: $43,520Net Assets 2019: $268,5992019Assets 2020: $282,468Liabilities 2020: $5,434Net Assets 2020: $277,0342020Assets 2021: $346,363Liabilities 2021: $14,698Net Assets 2021: $331,6652021Assets 2022: $809,088Liabilities 2022: $472,522Net Assets 2022: $336,5662022Assets 2023: $630,883Liabilities 2023: $437,116Net Assets 2023: $193,7672023Assets 2024: $526,089Liabilities 2024: $409,827Net Assets 2024: $116,2622024

Highlighted filing

2015

Assets$440,144
Liabilities$158,853
Net Assets$281,291
Open 2015 Filing

Operations Trend

Revenue Growth62nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,123,865Expenses 2011: $988,708Net Income 2011: $135,1572011Revenue 2012: $1,106,429Expenses 2012: $1,066,339Net Income 2012: $40,0902012Revenue 2013: $1,109,175Expenses 2013: $1,101,836Net Income 2013: $7,3392013Revenue 2014: $1,263,379Expenses 2014: $1,191,855Net Income 2014: $71,5242014Revenue 2015: $1,371,134Expenses 2015: $1,314,316Net Income 2015: $56,8182015Revenue 2016: $1,312,445Expenses 2016: $1,333,260Net Income 2016: -$20,8152016Revenue 2017: $1,355,092Expenses 2017: $1,413,306Net Income 2017: -$58,2142017Revenue 2018: $1,361,637Expenses 2018: $1,414,373Net Income 2018: -$52,7362018Revenue 2019: $1,420,081Expenses 2019: $1,301,008Net Income 2019: $119,0732019Revenue 2020: $1,343,459Expenses 2020: $1,335,024Net Income 2020: $8,4352020Revenue 2021: $1,392,109Expenses 2021: $1,337,478Net Income 2021: $54,6312021Revenue 2022: $1,481,249Expenses 2022: $1,476,348Net Income 2022: $4,9012022Revenue 2023: $1,380,432Expenses 2023: $1,523,231Net Income 2023: -$142,7992023Revenue 2024: $1,497,566Expenses 2024: $1,575,071Net Income 2024: -$77,5052024

Highlighted filing

2015

Revenue$1,371,134
Expenses$1,314,316
Net Income$56,818
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$1,371,134
Mission and Program Overview

Mission

Sage academy seeks to develop a community of reflective learners of academic excellence who actively promote tolerance, respect, and understanding as citizens of the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$130,793$165,659▲ $34,866
Cash and Non-Interest-Bearing Accounts$92,920$94,461▲ $1,541
Savings and Temporary Cash Investments$74,557$80,694▲ $6,137
Land, Buildings, and Equipment, Net$13,096$75,525▲ $62,429
Prepaid Expenses and Deferred Charges$18,479$22,018▲ $3,539
Accounts Receivable$488$1,787▲ $1,299
Total Assets$330,333$440,144▲ $109,811
Liabilities
Unsecured Notes Loans Payable$10,385$80,000▲ $69,615
Accounts Payable and Accrued Expenses$87,009$78,489▼ $8,520
Deferred Revenue$8,466$364▼ $8,102
Total Liabilities$105,860$158,853▲ $52,993
Net Assets / Fund Balance
Unrestricted Net Assets$223,669$280,688▲ $57,019
Temporarily Rstr Net Assets$804$603▼ $201
Total Net Assets Fund Balance$224,473$281,291▲ $56,818
Total Liabilities and Net Assets / Fund Balance$330,333$440,144▲ $109,811

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$75,525$123,207$198,732
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Gwendolyn GmeinderChair
Jeff HeidenreichCurrent Vice Chair
Julie DiazImmediate Past Vice Chair
Marilyn ThompsonMember/program Director
Georgia AftonPast Board Member
Diane ScholtenEx-officio/administrative
Lorrie SemmelinkEx-officio/business Manage
Steven Martinez-grandeMember
Sue ColgroveMember
Cari-ana Garcia LunaSecretary/teacher
Joshua BickertTreasurer/dean of Students
Revenue and Support

Revenue Composition

Contributions and Grants
$1,320,865
Program Service Revenue
$45,500
Investment Income
$144
Other Revenue
$4,625
All Other Contributions
$5,622
Change in Net Assets
$56,818

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,371,134
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,371,134
Total Revenue per Form 990
$1,371,134
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,314,316
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$721,723$213,009-$934,732
Occupancy$148,066$5,331-$153,397
Travel$122,245--$122,245
Office Expenses$46,619$4,457-$51,076
Fees for Services Accounting-$17,875-$17,875
Information Technology$14,805--$14,805
Depreciation Depletion$10,993$132-$11,125
Insurance$7,011--$7,011
Other Expenses$1,140$100-$1,240
Fees for Services Legal-$428-$428
Conferences and Meetings-$195-$195
Interest$187--$187
Total Functional Expenses$1,072,789$241,527$0$1,314,316

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,314,316
Total Expenses per Audited Statements$1,314,316
Total Expenses per Form 990$1,314,316
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
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 11

“The charter school reviews and signs the 990 before it is submitted.”

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

“The board is required to disclose conflicts of interest annually.”

Form 990, Part VI, Section C, Line 19

“The charter school makes its governing documents, policies, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Sage Academy Charter School
EIN
41-2023619
Phone
7633154020
Address
3900 85TH AVE N, BROOKLYN PARK, MN 55443

Signing Officer

Name
Diane Scholten
Title
Administrative Director
Phone
7633154020
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Scholten
Formed
2001
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
23

Preparer

Firm
Abdo Eick & Meyers Llp
Address
5201 EDEN AVENUE SUITE 250, EDINA, MN 55436
Preparer
Kevin F Kalal CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 5C:

“The organization is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and similar state income tax laws. The organization is not a private foundation and contributions to the organization qualify as a charitable tax deduction by the contributor. The organization has evaluated for uncertain tax positions. Management has expressed that there are no uncertain tax positions as of june 30, 2014, 2013. The organization's tax returns are subject to possible examination by the taxing authorities. For federal tax purposes the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed. The organization believes it is no longer subject to federal and state income tax examinations for the years prior to 2010. During the year ended june 30, 2015, the organization has not incurred any interest or penalties on its tax returns.”

Form 990, Part IX, Line 11G

“Consulting fees: program service expenses 673,619. Management and general expenses 208,078. Fundraising expenses 0. Total expenses 881,697. Maintenance: program service expenses 40,491. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,491. Other: program service expenses 7,613. Management and general expenses 4,931. Fundraising expenses 0. Total expenses 12,544.”

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 charter school is classified as a tax-exempt organization under section 501(c)(3) of the internal revenue code and comparable section of the minnesota income tax statutes. The organization has evaluated and determined that there are no uncertain tax positions as of june 30, 2015. The association's tax returns are subject to possible examination by the taxing authorities.”

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IRS990/MissionDesc0SAGE ACADEMY SEEKS TO DEVELOP A COMMUNITY OF REFLECTIVE LEARNERS OF ACADEMIC EXCELLENCE WHO ACTIVELY PROMOTE TOLERANCE, RESPECT, AND UNDERSTANDING AS CITIZENS OF THE WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0224473
IRS990/NetAssetsOrFundBalancesEOYAmt0281291
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05331
IRS990/OccupancyGrp/ProgramServicesAmt0148066
IRS990/OccupancyGrp/TotalAmt0153397
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04457
IRS990/OfficeExpensesGrp/ProgramServicesAmt046619
IRS990/OfficeExpensesGrp/TotalAmt051076
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0100
IRS990/OtherExpensesGrp/ProgramServicesAmt01140
IRS990/OtherExpensesGrp/TotalAmt01240
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt04625
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04625
IRS990/OtherRevenueTotalAmt04625
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0130793
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0165659
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018479
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022018
IRS990/PrincipalOfficerNm0DIANE SCHOLTEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0CHARGES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt039862
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt039862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15638
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01235695
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0149
IRS990/PYOtherExpensesAmt01191855
IRS990/PYOtherRevenueAmt0334
IRS990/PYProgramServiceRevenueAmt027201
IRS990/PYRevenuesLessExpensesAmt071524
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01191855
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01263379
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt056818
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt045500
IRS990/SavingsAndTempCashInvstGrp/BOYAmt074557
IRS990/SavingsAndTempCashInvstGrp/EOYAmt080694
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/BookValueAmt075525
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0123207
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0198732
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01314316
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01371134
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE SECTION OF THE MINNESOTA INCOME TAX STATUTES. THE ORGANIZATION HAS EVALUATED AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2015. THE ASSOCIATION'S TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt075525
IRS990ScheduleD/TotalExpensesPerForm990Amt01314316
IRS990ScheduleD/TotalRevenuePerForm990Amt01371134
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01371134
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01314316
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 COMMUNICATED IN THE REGISTRATION MATERIALS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FINANCIAL AID AND 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 ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE INCOME TAX LAWS. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AND CONTRIBUTIONS TO THE ORGANIZATION QUALIFY AS A CHARITABLE TAX DEDUCTION BY THE CONTRIBUTOR. THE ORGANIZATION HAS EVALUATED FOR UNCERTAIN TAX POSITIONS. MANAGEMENT HAS EXPRESSED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2014, 2013. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES. FOR FEDERAL TAX PURPOSES THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE DATE ON WHICH THOSE RETURNS ARE FILED. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2010. DURING THE YEAR ENDED JUNE 30, 2015, THE ORGANIZATION HAS NOT INCURRED ANY INTEREST OR PENALTIES ON ITS TAX RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHARTER SCHOOL REVIEWS AND SIGNS THE 990 BEFORE IT IS SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD IS REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHARTER SCHOOL MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTING FEES: PROGRAM SERVICE EXPENSES 673,619. MANAGEMENT AND GENERAL EXPENSES 208,078. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 881,697. MAINTENANCE: PROGRAM SERVICE EXPENSES 40,491. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,491. OTHER: PROGRAM SERVICE EXPENSES 7,613. MANAGEMENT AND GENERAL EXPENSES 4,931. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,544.
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 V, LINE 5C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
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/BOYAmt0804
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0603
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0330333
IRS990/TotalAssetsEOYAmt0440144
IRS990/TotalAssetsGrp/BOYAmt0330333
IRS990/TotalAssetsGrp/EOYAmt0440144
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01320865
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0241527
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01072789
IRS990/TotalFunctionalExpensesGrp/TotalAmt01314316
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0105860
IRS990/TotalLiabilitiesEOYAmt0158853
IRS990/TotalLiabilitiesGrp/BOYAmt0105860
IRS990/TotalLiabilitiesGrp/EOYAmt0158853
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0224473
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0281291
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01072789
IRS990/TotalProgramServiceRevenueAmt045500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04769
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01371134
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt023
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0330333
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0440144
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0122245
IRS990/TravelGrp/TotalAmt0122245
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0223669
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0280688
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt010385
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt080000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03900 85TH AVE N
IRS990/USAddress/CityNm0BROOKLYN PARK
IRS990/USAddress/StateAbbreviationCd0MN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$440,144
Liabilities
$158,853
Net assets
$281,291
Revenue
$1,371,134
Expenses
$1,314,316
Net income
$56,818
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.41$0.12$1.50$1.58$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.44$0.19$1.38$1.52$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.47$0.34$1.48$1.48$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.01$0.33$1.39$1.34$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.01$0.28$1.34$1.34$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.04$0.27$1.42$1.30$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.10$0.15$1.36$1.41$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.04$0.20$1.36$1.41$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.14$0.26$1.31$1.33$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.16$0.28$1.37$1.31$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.11$0.22$1.26$1.19$0.07
2013Summary only. Only limited summary data is available for this year.$0.31$0.16$0.15$1.11$1.10$0.01
2012Summary only. Only limited summary data is available for this year.$0.40$0.26$0.15$1.11$1.07$0.04
2011Summary only. Only limited summary data is available for this year.$0.39$0.28$0.11$1.12$0.99$0.14