Civic Intelligence

Genesis Classical Academy Inc.

990 • Fiscal year 2023 • EIN 45-4494392

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

Organization Profilegenesisclassical.com
PO Box 735Winnebago, MN 56098

(507) 893-3600

Siviq Scores

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

Liabilities / Assets

80th percentile

0.30x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.26x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

17th percentile

-11%

Faster asset growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

-11%

Faster revenue growth than 25% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$666,044

Down $84,662 (-11%) from 2022

Net Assets

Up

$465,809

Up $359 (+0.1%) from 2022

Liabilities

Down

$200,235

Down $85,021 (-30%) from 2022

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin23rd percentile

Revenue

Down

$779,523

Down $94,929 (-11%) from 2022

Expenses

Up

$865,082

Up $48,307 (+5.9%) from 2022

Net Income

Down

-$85,559

Down $143,236 (-248%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$800K$600K$400K$200K$0-$200KAssets 2016: $43,690Liabilities 2016: $35,3612016Assets 2017: $131,482Liabilities 2017: $59,768Net Assets 2017: $71,7142017Assets 2018: $24,609Liabilities 2018: $541Net Assets 2018: $24,0682018Assets 2019: $188,061Liabilities 2019: -$796Net Assets 2019: $188,8572019Assets 2020: $465,433Liabilities 2020: $50,383Net Assets 2020: $415,0502020Assets 2021: $727,563Liabilities 2021: $400,000Net Assets 2021: $327,5632021Assets 2022: $750,706Liabilities 2022: $285,256Net Assets 2022: $465,4502022Assets 2023: $666,044Liabilities 2023: $200,235Net Assets 2023: $465,8092023Assets 2024: $545,476Liabilities 2024: $210,420Net Assets 2024: $335,0562024

Highlighted filing

2023

Assets$666,044
Liabilities$200,235
Net Assets$465,809
Open 2023 Filing

Operations Trend

Revenue Growth25th percentile

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

$1.0M$500K$0-$500KRevenue 2016: $169,054Expenses 2016: $164,657Net Income 2016: $4,3972016Revenue 2017: $339,029Expenses 2017: $274,087Net Income 2017: $64,9422017Revenue 2018: $289,795Expenses 2018: $336,892Net Income 2018: -$47,0972018Revenue 2019: $532,589Expenses 2019: $367,660Net Income 2019: $164,9292019Revenue 2020: $637,143Expenses 2020: $411,806Net Income 2020: $225,3372020Revenue 2021: $613,013Expenses 2021: $676,322Net Income 2021: -$63,3092021Revenue 2022: $874,452Expenses 2022: $816,775Net Income 2022: $57,6772022Revenue 2023: $779,523Expenses 2023: $865,082Net Income 2023: -$85,5592023Revenue 2024: $849,118Expenses 2024: $890,590Net Income 2024: -$41,4722024

Highlighted filing

2023

Revenue$779,523
Expenses$865,082
Net Income-$85,559
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$779,523
Mission and Program Overview

Mission

The academic and spiritual education of students using the classical methodology of grammer, logic and thetoric and the spiritual guidance found in christianity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$555,366$555,366→ $0
Investments in Publicly Traded Securities$72,982$75,585▲ $2,603
Cash and Non-Interest-Bearing Accounts$110,091$26,466▼ $83,625
Savings and Temporary Cash Investments$5,165$5,780▲ $615
Accounts Receivable$2,455$2,798▲ $343
Prepaid Expenses and Deferred Charges$49$49→ $0
Total Assets$751,056$666,044▼ $85,012
Other Assets Total$4,948--
Liabilities
Other Liabilities$285,256$200,235▼ $85,021
Total Liabilities$285,256$200,235▼ $85,021
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$465,800$465,809▲ $9
Total Net Assets Fund Balance$465,800$465,809▲ $9
Total Liabilities and Net Assets / Fund Balance$751,056$666,044▼ $85,012

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$500,051-$500,051
Equipment$37,938-$37,938
Land$17,377-$17,377
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
William EricksonBoard Chair
Joshua StenslandDirector
Randy GettisDirector
Renee DoyleHeadmaster
Lance SlaterSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$259,253
Program Service Revenue
$513,750
Investment Income
$2,628
Other Revenue
$3,892
All Other Contributions
$222,709
Change in Net Assets
$-85,559
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$654,723
Other Expenses$210,359
Total Fundraising Expense$5,336
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$514,827$79,660-$594,487
All Other Expenses$55,872$49,338$5,336$110,546
Payroll Taxes$43,448$1,200-$44,648
Insurance-$20,111-$20,111
Other Employee Benefits$10,319$5,269-$15,588
Fees for Services Other$7,967$3,931-$11,898
Office Expenses$6,865$2,789-$9,654
Information Technology$5,646--$5,646
Advertising-$4,224-$4,224
Fees for Services Legal-$1,488-$1,488
Other Expenses$193--$193
Total Functional Expenses$691,736$168,010$5,336$865,082
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sf Auction----
Spring Fling----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgage Payable - Atc Property$269,732
Equity Adjustment Account$-233
Payroll Liabilities$-1,256
Net Income$-68,008
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“William erickson is the president of 1st financial bank of winnebago. Joshua stensland is a loan officer at 1st financial bank.”

Form 990 governing body review Part VI line 11

“Form 990 and supporting schedules are on file in the head masters office and are available to review by the board of directors prior to submission.”

CEO executive director top management comp Part VI line 15A

“Compensation set commensurate with the highests teachers salary.”

Other officer or key employee compensation Part VI line 15B

“Compensation set commensurate with the highests teachers salary.”

Governing documents etc available to public Part VI line 19

“Section c, line 19 - documents are filed in the head masters office and are available upon request.”

Filing and Contact Details

Filer

Filer Name
Genesis Classical Academy Inc
EIN
45-4494392
Address
PO BOX 735, Winnebago, MN 56098

Signing Officer

Name
Renee Doyle
Title
Headmaster
Phone
5078933600
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
5
Employees
40

Preparer

Firm
JW Accounting
Address
315 S Main Street, Blue Earth, MN 56013
Preparer
Jessica Warehime
Phone
5075262133
Supplemental Narrative

Additional Explanations

Amended return information

“Due to an error on the accounts receivable account it was showing an inaccurate dispreprancy due to a tution benefit that was categorized wrong. Changes were made and now reflect accordingly.”

Significant program services not listed on prior year return Part III line 2

“Line 2- 11th grade added to the grade levels taught.”

List of other fees for services expenses Part IX line 11G

“Other fees for services expenses listed on detail worksheet attached to ix line 11g”

List of other expenses Part IX line 24E

“List of other expenses listed on detail worksheet attached to ix line 24e”

Part X response or note to any line in Part X

“Line 15 - undeposited funds, receivables.”

Part XI response or note to any line in Part XI

“Line 9 - atc building mortgage payable”

Raw XML AppendixShowing 400 of 416 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt02455
IRS990/AccountsReceivableGrp/EOYAmt02798
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ACADEMIC AND SPIRITUAL EDUCATION OF STUDENTS USING THE CLASSICAL METHODOLOGY OF GRAMMER, LOGIC AND THETORIC AND THE SPIRITUAL GUIDANCE FOUND IN CHRISTIANITY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04224
IRS990/AdvertisingGrp/TotalAmt04224
IRS990/AllOtherContributionsAmt0222709
IRS990/AllOtherExpensesGrp/FundraisingAmt05336
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt049338
IRS990/AllOtherExpensesGrp/ProgramServicesAmt055872
IRS990/AllOtherExpensesGrp/TotalAmt0110546
IRS990/AmendedReturnInd0X
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0RENEE DOYLE
IRS990/BooksInCareOfDetail/PhoneNum05078933600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 735
IRS990/BooksInCareOfDetail/USAddress/CityNm0Winnebago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056098
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0110091
IRS990/CashNonInterestBearingGrp/EOYAmt026466
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt036544
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0259253
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02628
IRS990/CYOtherExpensesAmt0210359
IRS990/CYOtherRevenueAmt03892
IRS990/CYProgramServiceRevenueAmt0513750
IRS990/CYRevenuesLessExpensesAmt0-85559
IRS990/CYSalariesCompEmpBnftPaidAmt0654723
IRS990/CYTotalExpensesAmt0865082
IRS990/CYTotalFundraisingExpenseAmt05336
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0779523
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ALL OVER PROGRAM SERVICES LISTED ON OVERFLOW SHEETS 1-3.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt040
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0664549
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01488
IRS990/FeesForServicesLegalGrp/TotalAmt01488
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03931
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt07967
IRS990/FeesForServicesOtherGrp/TotalAmt011898
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt255.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0RANDY GETTIS
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSHUA STENSLAND
IRS990/Form990PartVIISectionAGrp/PersonNm2RENEE DOYLE
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM ERICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm4LANCE SLATER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt036544
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0779523
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt05646
IRS990/InformationTechnologyGrp/TotalAmt05646
IRS990/InsuranceGrp/ManagementAndGeneralAmt020111
IRS990/InsuranceGrp/TotalAmt020111
IRS990/InvestmentIncomeGrp/ExclusionAmt02628
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02628
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt072982
IRS990/InvestmentsPubTradedSecGrp/EOYAmt075585
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0555366
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0555366
IRS990/LandBldgEquipCostOrOtherBssAmt0555366
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ACADEMIC AND SPIRITUAL EDUCATION OF STUDENTS USING THE CLASSICAL METHODOLOGY OF GRAMMER, LOGIC AND THETORIC AND THE SPIRITUAL GUIDANCE FOUND IN CHRISTIANITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0465800
IRS990/NetAssetsOrFundBalancesEOYAmt0465809
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0465800
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0465809
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02789
IRS990/OfficeExpensesGrp/ProgramServicesAmt06865
IRS990/OfficeExpensesGrp/TotalAmt09654
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04948
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05269
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010319
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015588
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1FURNITUREEQUIPMENT
IRS990/OtherExpensesGrp/Desc2TRANSPORTATION EXPENSES
IRS990/OtherExpensesGrp/Desc3NURSING SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt038419
IRS990/OtherExpensesGrp/ProgramServicesAmt1838
IRS990/OtherExpensesGrp/ProgramServicesAmt27342
IRS990/OtherExpensesGrp/ProgramServicesAmt3193
IRS990/OtherExpensesGrp/TotalAmt038419
IRS990/OtherExpensesGrp/TotalAmt1838
IRS990/OtherExpensesGrp/TotalAmt27342
IRS990/OtherExpensesGrp/TotalAmt3193
IRS990/OtherLiabilitiesGrp/BOYAmt0285256
IRS990/OtherLiabilitiesGrp/EOYAmt0200235
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0EANS REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03892
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03892
IRS990/OtherRevenueTotalAmt03892
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt079660
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0514827
IRS990/OtherSalariesAndWagesGrp/TotalAmt0594487
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01200
IRS990/PayrollTaxesGrp/ProgramServicesAmt043448
IRS990/PayrollTaxesGrp/TotalAmt044648
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt049
IRS990/PriorPeriodAdjustmentsAmt085568
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1EXTENDED DAY FEES
IRS990/ProgramServiceRevenueGrp/Desc2ACTIVITYATHLETIC FEES
IRS990/ProgramServiceRevenueGrp/Desc3TUITIONTUTORING
IRS990/ProgramServiceRevenueGrp/Desc4FOOD SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13820
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218871
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3434597
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt449177
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218871
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3434597
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt449177
IRS990/ProgSrvcAccomActy2Grp/Desc0CIRRICULUM: USE OF CLASSICAL TEACHING METHOD KNOWN AS LATIN TRIVIUM. FOLLOWS THE NATUREAL GROWTH OF THE CHILD THROUGH THE THREE STAGES; GRAMMER, LOGIC AND RHETORIC. THE CIRRICULUM TEACHES THE KNOWLEDGE AS WELL AS THE UNDERSTANDING AND HOW TO USE THE KNOWLEDGE ACCURATELY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt027187
IRS990/ProgSrvcAccomActy3Grp/Desc0ADDITION OF 11TH GRADE: EXPANSION OF THE GRADE LEVELS TO CONTINUE OFFERING THE ACADEMIC AND SPIRITUAL EDUCATION FOR THE STUDENTS AS THEY CONTINUE TO GROW AND PROGRESS.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt016036
IRS990/ProgSrvcAccomActyOtherGrp/Desc0KINDERGARTEN TOTAL STUDENTS ENROLLED: 7
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt017527
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0398190
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02797
IRS990/PYOtherExpensesAmt0233681
IRS990/PYOtherRevenueAmt032467
IRS990/PYProgramServiceRevenueAmt0440998
IRS990/PYRevenuesLessExpensesAmt057677
IRS990/PYSalariesCompEmpBnftPaidAmt0583094
IRS990/PYTotalExpensesAmt0816775
IRS990/PYTotalRevenueAmt0874452
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-85559
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05165
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05780
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/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0500051
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0500051
IRS990ScheduleD/EquipmentGrp/BookValueAmt037938
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037938
IRS990ScheduleD/LandGrp/BookValueAmt017377
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017377
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0269732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-1256
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-233
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3-68008
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGE PAYABLE - ATC PROPERTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2EQUITY ADJUSTMENT ACCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NET INCOME
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0555366
IRS990ScheduleD/TotalLiabilityAmt0200235
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING FLING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SF AUCTION
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DUE TO AN ERROR ON THE ACCOUNTS RECEIVABLE ACCOUNT IT WAS SHOWING AN INACCURATE DISPREPRANCY DUE TO A TUTION BENEFIT THAT WAS CATEGORIZED WRONG. CHANGES WERE MADE AND NOW REFLECT ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WILLIAM ERICKSON IS THE PRESIDENT OF 1ST FINANCIAL BANK OF WINNEBAGO. JOSHUA STENSLAND IS A LOAN OFFICER AT 1ST FINANCIAL BANK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 AND SUPPORTING SCHEDULES ARE ON FILE IN THE HEAD MASTERS OFFICE AND ARE AVAILABLE TO REVIEW BY THE BOARD OF DIRECTORS PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION SET COMMENSURATE WITH THE HIGHESTS TEACHERS SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION SET COMMENSURATE WITH THE HIGHESTS TEACHERS SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SECTION C, LINE 19 - DOCUMENTS ARE FILED IN THE HEAD MASTERS OFFICE AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LINE 2- 11TH GRADE ADDED TO THE GRADE LEVELS TAUGHT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER FEES FOR SERVICES EXPENSES LISTED ON DETAIL WORKSHEET ATTACHED TO IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LIST OF OTHER EXPENSES LISTED ON DETAIL WORKSHEET ATTACHED TO IX LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LINE 15 - UNDEPOSITED FUNDS, RECEIVABLES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10LINE 9 - ATC BUILDING MORTGAGE PAYABLE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part X response or note to any line in Part X
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part XI response or note to any line in Part XI
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0751056
IRS990/TotalAssetsEOYAmt0666044
IRS990/TotalAssetsGrp/BOYAmt0751056
IRS990/TotalAssetsGrp/EOYAmt0666044
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0259253
IRS990/TotalEmployeeCnt040
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05336
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168010
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0691736
IRS990/TotalFunctionalExpensesGrp/TotalAmt0865082
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0285256
IRS990/TotalLiabilitiesEOYAmt0200235
IRS990/TotalLiabilitiesGrp/BOYAmt0285256
IRS990/TotalLiabilitiesGrp/EOYAmt0200235
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0465800
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0465809
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcRevenueAmt017527
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt03885
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt03885
IRS990/TotalProgramServiceExpensesAmt0691736
IRS990/TotalProgramServiceRevenueAmt0513750
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02628
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0517642
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0779523
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0751056
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0666044
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0genesisclassical.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RENEE DOYLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEADMASTER
ReturnHeader/BusinessOfficerGrp/PhoneNum05078933600
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GENESIS CLASSICAL ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0454494392
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 735
ReturnHeader/Filer/USAddress/CityNm0Winnebago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$666,044
Liabilities
$200,235
Net assets
$465,809
Revenue
$779,523
Expenses
$865,082
Net income
-$85,559
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.45$2.10$3.35$8.49$8.91$0.41
2023Detailed filing. Detailed filing data is available for this year.$6.66$2.00$4.66$7.80$8.65$0.86
2022Detailed filing. Detailed filing data is available for this year.$7.51$2.85$4.65$8.74$8.17$0.58
2021Detailed filing. Detailed filing data is available for this year.$7.28$4.00$3.28$6.13$6.76$0.63
2020Summary only. Only limited summary data is available for this year.$4.65$0.50$4.15$6.37$4.12$2.25
2019Summary only. Only limited summary data is available for this year.$1.88$0.01$1.89$5.33$3.68$1.65
2018Summary only. Only limited summary data is available for this year.$0.25$0.01$0.24$2.90$3.37$0.47
2017Summary only. Only limited summary data is available for this year.$1.31$0.60$0.72$3.39$2.74$0.65
2016Summary only. Only limited summary data is available for this year.$0.44$0.35$1.69$1.65$0.04