Civic Intelligence

West Side Summit

990 • Fiscal year 2017 • EIN 45-4617414

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 26, 2018

Organization Profilewww.westsidesummit.org
497 Humboldt AvenueSt Paul, MN 55107

(651) 200-4543

Siviq Scores

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

Liabilities / Assets

95th percentile

1.24x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

1.14x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

98th percentile

188%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

59th percentile

8.6%

Faster revenue growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$2,590,647

Up $1,689,831 (+188%) from 2016

Net Assets

Down

-$614,717

Down $442,137 (-256%) from 2016

Liabilities

Up

$3,205,364

Up $2,131,968 (+199%) from 2016

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin16th percentile

Revenue

Up

$2,821,246

Up $224,314 (+8.6%) from 2016

Expenses

Up

$3,263,383

Up $722,803 (+28%) from 2016

Net Income

Down

-$442,137

Down $498,489 (-885%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2013: $129,627Liabilities 2013: $128,465Net Assets 2013: $1,1622013Assets 2014: $404,781Liabilities 2014: $349,975Net Assets 2014: $54,8062014Assets 2015: $550,385Liabilities 2015: $779,317Net Assets 2015: -$228,9322015Assets 2016: $900,816Liabilities 2016: $1,073,396Net Assets 2016: -$172,5802016Assets 2017: $2,590,647Liabilities 2017: $3,205,364Net Assets 2017: -$614,7172017Assets 2018: $2,526,842Liabilities 2018: $3,636,840Net Assets 2018: -$1,109,9982018Assets 2019: $2,110,318Liabilities 2019: $3,118,831Net Assets 2019: -$1,008,5132019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2017

Assets$2,590,647
Liabilities$3,205,364
Net Assets-$614,717
Open 2017 Filing

Operations Trend

Revenue Growth59th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $246,323Expenses 2013: $245,161Net Income 2013: $1,1622013Revenue 2014: $1,635,475Expenses 2014: $1,581,831Net Income 2014: $53,6442014Revenue 2015: $1,637,598Expenses 2015: $1,732,968Net Income 2015: -$95,3702015Revenue 2016: $2,596,932Expenses 2016: $2,540,580Net Income 2016: $56,3522016Revenue 2017: $2,821,246Expenses 2017: $3,263,383Net Income 2017: -$442,1372017Revenue 2018: $2,910,657Expenses 2018: $3,405,938Net Income 2018: -$495,2812018Revenue 2019: $3,175,187Expenses 2019: $3,073,702Net Income 2019: $101,4852019Revenue 2020: -$18,411Expenses 2020: $105,584Net Income 2020: -$123,9952020

Highlighted filing

2017

Revenue$2,821,246
Expenses$3,263,383
Net Income-$442,137
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 26, 2018
Return Version
2016v3.0
Gross Receipts
$2,821,246
Mission and Program Overview

Mission

Our mission is to empower students to find joy in learning and develop the academic efficacy necessary to prepare them for the rigors of a college education and beyond.

Wide Side Summit is a Minnesota Charter school serving students K-6.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$314,942$220,971▼ $93,971
Cash and Non-Interest-Bearing Accounts$75,883$109,714▲ $33,831
Prepaid Expenses and Deferred Charges$82,410$80,644▼ $1,766
Land, Buildings, and Equipment, Net$41,607$46,965▲ $5,358
Pd in Cap Srpls Land Bldg Eqp Fund$41,607$46,965▲ $5,358
Accounts Receivable$1,865$239▼ $1,626
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-214,187$-661,682▼ $447,495
Total Assets$900,816$2,590,647▲ $1,689,831
Other Assets Total$384,109$2,132,114▲ $1,748,005
Liabilities
Other Liabilities$668,509$2,868,305▲ $2,199,796
Accounts Payable and Accrued Expenses$192,262$173,151▼ $19,111
Mortgage Notes Payable Secured by Investment Property$212,625$163,908▼ $48,717
Total Liabilities$1,073,396$3,205,364▲ $2,131,968
Net Assets / Fund Balance
Total Net Assets Fund Balance$-172,580$-614,717▼ $442,137
Total Liabilities and Net Assets / Fund Balance$900,816$2,590,647▲ $1,689,831

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$46,965$21,475$68,440
Other Assets Org$1,870,398--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah HansonExecutive DirectorFT$53,463$8,732$62,195

Board Members and Trustees

NameTitle
Erin SteinBoard Co-Chair
Yvonne LerewBoard Co-Chair
Julia GibeauBoard member
Kendra KeckerBoard member
Tania VillalobosBoard member
Will NordmarkBoard member
Ravi ShanbhagTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bille Bus TransportationTransporation2500 New Brighton Blvd Suite 113, St Anthony, MN 55418$239,050
Done Right FoodsFood Service VendorPO Box 21153, Columbia Heights, MN 55421$157,810
Revenue and Support

Revenue Composition

Contributions and Grants
$16,882
Program Service Revenue
$2,804,364
Investment Income
$0
Other Revenue
$0
All Other Contributions
$16,882
Change in Net Assets
$-442,137

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,821,246
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,821,246
Total Revenue per Form 990
$2,821,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,844,353
Salaries, Compensation, and Employee Benefits$1,419,030
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$923,193$168,399-$1,091,592
Occupancy$433,220--$433,220
Fees for Services Other$279,089$6,200-$285,289
Other Employee Benefits$72,525$27,259-$99,784
Payroll Taxes$72,855$16,812-$89,667
Pension Plan Contributions$67,489$17,035-$84,524
Other Expenses$161,825$72,423-$72,423
Office Expenses$48,662$19,555-$68,217
Fees for Services Accounting-$58,258-$58,258
Current Officers, Directors, Trustees, and Key Employees-$53,463-$53,463
Information Technology$29,769$12,086-$41,855
Payments to Affiliates$1,215$17,372-$18,587
Interest$12,093--$12,093
Insurance$11,776--$11,776
Fees for Services Management-$6,465-$6,465
Fees for Services Legal-$4,865-$4,865
Conferences and Meetings$3,281--$3,281
All Other Expenses$170--$170
Travel$34--$34
Total Functional Expenses$2,783,191$480,192$0$3,263,383

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,263,383
Total Expenses per Audited Statements$3,263,383
Total Expenses per Form 990$3,263,383
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability - TRA$2,432,943
Net Pension Liability - PERA$405,974
Deferred Inflows - PERA$29,320
Deferred Inflows - TRA$68
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
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 11B

“The Form 990 is prepared by an independent accounting firm. Once the form is completed, it is given to the Executive Director and Financial Manager for review before it is signed and filed. The entire filed 990 is reviewed by the board.”

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

“Board members sign a conflict of interest statement annually. The board also reviews the conflict of interest policy annually and makes changes as necessary.”

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

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

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
West Side Summit
EIN
45-4617414
Phone
6512004543
Address
497 Humboldt Avenue, St Paul, MN 55107

Signing Officer

Name
Sarah Hanson
Title
Executive Director
Phone
6512004543
Signed
2018-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Hanson
Formed
2012
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
61
Volunteers
5

Preparer

Firm
Malloy Montague Karnowski Radosevich
Address
5353 Wayzata Blvd Suite 410, Minneapolis, MN 55416
Preparer
Thomas A Karnowski
Phone
9525450424
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The School Finance Committee assumes responsibility for oversight of the audit of its financial statements. The Board selects an independent accountant annually.”

Related Organization Compensation

“Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.”

Authorizer

“The School is required to have an Authorizer to monitor its operations in order to maintain its charter. The School's approved authorizer for the fiscal year 2017 was Student Achievement Minnesota, LLC.”

Financial Statement Notes

Part X, Line 2:

“The School is exempt from federal and state income taxes under Internal Revenue Service Code 501(c)(3). The School is subject to tax on income from any unrelated business. The School is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) Accounting Standards Codification 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes). Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The School has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The School believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operations, or cash flows. Accordingly, the School has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2017.”

Raw XML AppendixShowing 400 of 460 raw XML fields

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

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IRS990/OtherExpensesGrp/Desc0Pension Expense per Act
IRS990/OtherExpensesGrp/Desc1Transportation
IRS990/OtherExpensesGrp/Desc2Food
IRS990/OtherExpensesGrp/Desc3Pension Expense per Act
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt072423
IRS990/OtherExpensesGrp/ProgramServicesAmt0410987
IRS990/OtherExpensesGrp/ProgramServicesAmt1255008
IRS990/OtherExpensesGrp/ProgramServicesAmt2161825
IRS990/OtherExpensesGrp/TotalAmt0410987
IRS990/OtherExpensesGrp/TotalAmt1255008
IRS990/OtherExpensesGrp/TotalAmt2161825
IRS990/OtherExpensesGrp/TotalAmt372423
IRS990/OtherLiabilitiesGrp/BOYAmt0668509
IRS990/OtherLiabilitiesGrp/EOYAmt02868305
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0168399
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0923193
IRS990/OtherSalariesAndWagesGrp/TotalAmt01091592
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt017372
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt01215
IRS990/PaymentsToAffiliatesGrp/TotalAmt018587
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016812
IRS990/PayrollTaxesGrp/ProgramServicesAmt072855
IRS990/PayrollTaxesGrp/TotalAmt089667
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt041607
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt046965
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017035
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt067489
IRS990/PensionPlanContributionsGrp/TotalAmt084524
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0314942
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0220971
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt082410
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt080644
IRS990/PrincipalOfficerNm0Sarah Hanson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0Federal and State Sour
IRS990/ProgramServiceRevenueGrp/Desc1Other Educational Purp
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02729545
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt174819
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02729545
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt174819
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt086599
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01454768
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02510333
IRS990/PYRevenuesLessExpensesAmt056352
IRS990/PYSalariesCompEmpBnftPaidAmt01085812
IRS990/PYTotalExpensesAmt02540580
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02596932
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-442137
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02804364
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt046965
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021475
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068440
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03263383
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0261716
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11870398
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources - PE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Outflows of Resources - TR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt029320
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt168
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2405974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32432943
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Inflows - PERA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows - TRA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net Pension Liability - PERA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Net Pension Liability - TRA
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02821246
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School is exempt from federal and state income taxes under Internal Revenue Service Code 501(c)(3). The School is subject to tax on income from any unrelated business. The School is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) Accounting Standards Codification 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes). Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The School has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The School believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operations, or cash flows. Accordingly, the School has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt046965
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02132114
IRS990ScheduleD/TotalExpensesPerForm990Amt03263383
IRS990ScheduleD/TotalLiabilityAmt02868305
IRS990ScheduleD/TotalRevenuePerForm990Amt02821246
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02821246
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03263383
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0West Side Summit does not unlawfully discriminate on the basis of race, color, creed, religion, national origin, sex, marital status, parental status, status with regard to public assistance, disability, sexual orientation, or age. The organization publicizes their nondiscriminatory policy through communications with the families and they keep the policies in their front office available for public review at any time. The organization tries to include the above message on all solicitation/registration materials.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school does not provide scholarships or other financial assistance.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2As a Minnesota Public Charter School, the School receives state education aid and federal grant funding.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by an independent accounting firm. Once the form is completed, it is given to the Executive Director and Financial Manager for review before it is signed and filed. The entire filed 990 is reviewed by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members sign a conflict of interest statement annually. The board also reviews the conflict of interest policy annually and makes changes as necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An annual review is completed by the governing board. The finance committee of the Board review compensation and recommend approval by the board. A written agreement is put in place.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The School Finance Committee assumes responsibility for oversight of the audit of its financial statements. The Board selects an independent accountant annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The School is required to have an Authorizer to monitor its operations in order to maintain its charter. The School's approved authorizer for the fiscal year 2017 was Student Achievement Minnesota, LLC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5RELATED ORGANIZATION COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6AUTHORIZER
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0900816
IRS990/TotalAssetsEOYAmt02590647
IRS990/TotalAssetsGrp/BOYAmt0900816
IRS990/TotalAssetsGrp/EOYAmt02590647
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt016882
IRS990/TotalEmployeeCnt061
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0480192
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02783191
IRS990/TotalFunctionalExpensesGrp/TotalAmt03263383
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01073396
IRS990/TotalLiabilitiesEOYAmt03205364
IRS990/TotalLiabilitiesGrp/BOYAmt01073396
IRS990/TotalLiabilitiesGrp/EOYAmt03205364
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-172580
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-614717

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,590,647
Liabilities
$3,205,364
Net assets
-$614,717
Revenue
$2,821,246
Expenses
$3,263,383
Net income
-$442,137
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.02$0.11$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$3.12$1.01$3.18$3.07$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$3.64$1.11$2.91$3.41$0.50
2017Detailed filing. Detailed filing data is available for this year.$2.59$3.21$0.61$2.82$3.26$0.44
2016Detailed filing. Detailed filing data is available for this year.$0.90$1.07$0.17$2.60$2.54$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.78$0.23$1.64$1.73$0.10
2014Summary only. Only limited summary data is available for this year.$0.40$0.35$0.05$1.64$1.58$0.05
2013Summary only. Only limited summary data is available for this year.$0.13$0.13$0.00$0.25$0.25$0.00