Civic Intelligence

Mastery School Inc

990 • Fiscal year 2019 • EIN 45-4882206

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 08, 2020

Organization ProfileWWW.THEMASTERYSCHOOL.ORG
4021 Thomas Avenue NorthMinneapolis, MN 55412

(612) 381-9743

Siviq Scores

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

Liabilities / Assets

97th percentile

1.56x

Higher debt load relative to assets than 97% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

1.12x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

73rd percentile

$110,025

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

6th percentile

-21%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

61st percentile

9.3%

Faster revenue growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$3,013,242

Down $794,570 (-21%) from 2018

Net Assets

Up

-$1,695,279

Up $467,342 (+22%) from 2018

Liabilities

Down

$4,708,521

Down $1,261,912 (-21%) from 2018

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin67th percentile

Revenue

Up

$4,194,649

Up $356,018 (+9.3%) from 2018

Expenses

Down

$3,727,307

Down $914,653 (-20%) from 2018

Net Income

Up

$467,342

Up $1,270,671 (+158%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$10M$5.0M$0-$5.0MAssets 2012: $406,972Liabilities 2012: $277,739Net Assets 2012: $129,2332012Assets 2013: $482,029Liabilities 2013: $605,610Net Assets 2013: -$123,5812013Assets 2014: $569,354Liabilities 2014: $440,218Net Assets 2014: $129,1362014Assets 2015: $1,176,774Liabilities 2015: $1,455,182Net Assets 2015: -$278,4082015Assets 2016: $1,283,408Liabilities 2016: $2,022,812Net Assets 2016: -$739,4042016Assets 2017: $4,512,615Liabilities 2017: $5,871,907Net Assets 2017: -$1,359,2922017Assets 2018: $3,807,812Liabilities 2018: $5,970,433Net Assets 2018: -$2,162,6212018Assets 2019: $3,013,242Liabilities 2019: $4,708,521Net Assets 2019: -$1,695,2792019Assets 2020: $2,267,526Liabilities 2020: $4,683,014Net Assets 2020: -$2,415,4882020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2019

Assets$3,013,242
Liabilities$4,708,521
Net Assets-$1,695,279
Open 2019 Filing

Operations Trend

Revenue Growth61st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $235,105Expenses 2012: $105,872Net Income 2012: $129,2332012Revenue 2013: $1,983,505Expenses 2013: $2,236,319Net Income 2013: -$252,8142013Revenue 2014: $3,079,035Expenses 2014: $2,826,318Net Income 2014: $252,7172014Revenue 2015: $3,989,681Expenses 2015: $3,522,522Net Income 2015: $467,1592015Revenue 2016: $3,834,625Expenses 2016: $4,295,621Net Income 2016: -$460,9962016Revenue 2017: $3,732,697Expenses 2017: $4,352,585Net Income 2017: -$619,8882017Revenue 2018: $3,838,631Expenses 2018: $4,641,960Net Income 2018: -$803,3292018Revenue 2019: $4,194,649Expenses 2019: $3,727,307Net Income 2019: $467,3422019Revenue 2020: $4,377,648Expenses 2020: $5,097,857Net Income 2020: -$720,2092020Revenue 2021: $3,027,342Expenses 2021: $2,266,422Net Income 2021: $760,9202021

Highlighted filing

2019

Revenue$4,194,649
Expenses$3,727,307
Net Income$467,342
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 8, 2020
Return Version
2018v3.2
Gross Receipts
$4,194,649
Mission and Program Overview

Mission

To instruct, empower, enable, and guide students on the path through college and career success in dual single-gender programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$437,376$474,809▲ $37,433
Cash and Non-Interest-Bearing Accounts$182,159$152,388▼ $29,771
Prepaid Expenses and Deferred Charges$101,886$101,001▼ $885
Land, Buildings, and Equipment, Net$103,570$86,597▼ $16,973
Pd in Cap Srpls Land Bldg Eqp Fund$103,570$86,597▼ $16,973
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-2,266,191$-1,781,876▲ $484,315
Total Assets$3,807,812$3,013,242▼ $794,570
Other Assets Total$2,982,821$2,198,447▼ $784,374
Liabilities
Other Liabilities$5,351,733$4,193,771▼ $1,157,962
Unsecured Notes Loans Payable$479,023$270,755▼ $208,268
Accounts Payable and Accrued Expenses$139,677$243,995▲ $104,318
Total Liabilities$5,970,433$4,708,521▼ $1,261,912
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,162,621$-1,695,279▲ $467,342
Total Liabilities and Net Assets / Fund Balance$3,807,812$3,013,242▼ $794,570

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$48,500$223,624$272,124
Leasehold Improvements$38,097$13,288$51,385
Other Assets Org$2,196,365--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paula BumpSchool PrincipalFT$92,223$17,802$110,025
Terrence PriceBoard Treasurer & TeacherFT$68,572$10,742$79,314
Melissa NoyesBoard Secretary & TeacherFT$60,136$9,182$69,318

Board Members and Trustees

NameTitle
Abdul WrightInterim Board Chair
Renisha GrayInterim Vice Chair
Rochelle HayesBoard Member (part Year)

Highest Paid Contractors

ContractorServicesLocationCompensation
Minnehaha TransportationStudent Transportation2507 WALNUT STREET, Roseville, MN 55113$188,415
Formative Technologies LLCStudent Transportation959 DAYTON AVENUE, St Paul, MN 55104$150,391
Blue Bell EnterprisesStudent Meals1415 MENDOTA HEIGHTS ROAD, Mendota Heights, MN 55120$121,929
Harvest Network Of SchoolsCharter Management1300 OLSON MEMORIAL HIGHWAY, Minneapolis, MN 55411$115,000
Revenue and Support

Revenue Composition

Contributions and Grants
$4,193,402
Program Service Revenue
$1,247
Investment Income
$0
Other Revenue
$0
All Other Contributions
$230,297
Change in Net Assets
$467,342

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,194,649
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,194,649
Total Revenue per Form 990
$4,194,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,375,683
Other Expenses$1,351,624
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,584,281$112,546-$1,696,827
Fees for Services Other$377,762$126,043-$503,805
Occupancy$362,334$53,302-$415,636
Current Officers, Directors, Trustees, and Key Employees$210,723$56,880-$267,603
Pension Plan Contributions$136,919$12,934-$149,853
Payroll Taxes$133,976$12,645-$146,621
Other Employee Benefits$108,553$6,226-$114,779
Fees for Services Accounting-$95,730-$95,730
Depreciation Depletion$42,546$1,487-$44,033
Information Technology$31,801$12,124-$43,925
Interest$22,598--$22,598
Office Expenses$14,223$5,486-$19,709
Insurance$14,123--$14,123
All Other Expenses$10,009--$10,009
Advertising-$3,521-$3,521
Fees for Services Legal-$2,205-$2,205
Travel$789--$789
Other Expenses$-421,667$-29,469-$-451,136
Total Functional Expenses$3,230,502$496,805$0$3,727,307

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,727,307
Total Expenses per Audited Statements$3,727,307
Total Expenses per Form 990$3,727,307
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
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Deferred Inflows, Pensions$2,404,613
Pension Liability$1,789,158
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The organization has no such committees.”

Form 990, Part VI, Section B, Line 11B

“The finance committee reviews the form 990 before it is filed.”

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

“The board has a written conflict of interest policy and the organization is in compliance with that policy. The chief compliance officer monitors all compliance matters and ensures that the conflict of interest policy is enforced.”

Form 990, Part VI, Section B, Line 15

“The salaries of the school leaders are determined on an individual contract basis, based upon work experience and work performance. These salaries are regularly compared against local school district salaries. This process was last undertaken in 2019.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, form 990, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Mastery School Inc
EIN
45-4882206
Phone
6123819743
Address
4021 THOMAS AVENUE NORTH, MINNEAPOLIS, MN 55412

Signing Officer

Name
Tyrone Terrill
Title
Treasurer
Phone
6123819743
Signed
2020-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tyrone Terrill
Formed
2012
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
2
Employees
71
Volunteers
80

Preparer

Firm
Redpath and Company Ltd
Address
4810 WHITE BEAR PARKWAY, WHITE BEAR LAKE, MN 55110
Preparer
Ashley C Rehn CPA
Phone
6514267000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting fees: program service expenses 33,570. Management and general expenses 59,396. Fundraising expenses 0. Total expenses 92,966. Other services: program service expenses 340,140. Management and general expenses 66,647. Fundraising expenses 0. Total expenses 406,787. Contracted staff: program service expenses 4,052. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,052.”

Financial Statement Notes

PART X, LINE 2:

“A tax expense or benefit from an uncertain income tax position (including tax-exempt status) may be recognized only when it is more likely than not that the position will be sustained upon examination by taxing authorities. Management believes the school has no uncertain income tax positions that would result in an accrual, expense or benefit under the more likely than not standard.”

Raw XML AppendixShowing 400 of 464 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/OccupancyGrp/TotalAmt0415636
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05486
IRS990/OfficeExpensesGrp/ProgramServicesAmt014223
IRS990/OfficeExpensesGrp/TotalAmt019709
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02982821
IRS990/OtherAssetsTotalGrp/EOYAmt02198447
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06226
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0108553
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0114779
IRS990/OtherExpensesGrp/Desc0TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc3CHANGE TRA/PERA VALUATI
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt125095
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2-29469
IRS990/OtherExpensesGrp/ProgramServicesAmt0410616
IRS990/OtherExpensesGrp/ProgramServicesAmt1190916
IRS990/OtherExpensesGrp/ProgramServicesAmt2-421667
IRS990/OtherExpensesGrp/TotalAmt0410616
IRS990/OtherExpensesGrp/TotalAmt1190966
IRS990/OtherExpensesGrp/TotalAmt225095
IRS990/OtherExpensesGrp/TotalAmt3-451136
IRS990/OtherLiabilitiesGrp/BOYAmt05351733
IRS990/OtherLiabilitiesGrp/EOYAmt04193771
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0112546
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01584281
IRS990/OtherSalariesAndWagesGrp/TotalAmt01696827
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012645
IRS990/PayrollTaxesGrp/ProgramServicesAmt0133976
IRS990/PayrollTaxesGrp/TotalAmt0146621
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0103570
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt086597
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012934
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0136919
IRS990/PensionPlanContributionsGrp/TotalAmt0149853
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0101886
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0101001
IRS990/PrincipalOfficerNm0TYRONE TERRILL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0FEES FORM PATRONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01247
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01247
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03837889
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01788743
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0742
IRS990/PYRevenuesLessExpensesAmt0-803329
IRS990/PYSalariesCompEmpBnftPaidAmt02853217
IRS990/PYTotalExpensesAmt04641960
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03838631
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0467342
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01247
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
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/BookValueAmt048500
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0223624
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0272124
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03727307
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt038097
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013288
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt051385
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02082
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12196365
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS, PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02404613
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11789158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS, PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04194649
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE SCHOOL HAS NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt086597
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02198447
IRS990ScheduleD/TotalExpensesPerForm990Amt03727307
IRS990ScheduleD/TotalLiabilityAmt04193771
IRS990ScheduleD/TotalRevenuePerForm990Amt04194649
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04194649
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03727307
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 NONDISCRIMNATORY CLAUSE APPEARS ON MASTERY SCHOOL'S BROCHURE AND APPLICATIONS FOR ADMISSION AND EMPLOYMENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A CHARTER SCHOOL UNDER MINNESOTA STATUTE. THIS CLASSIFICATION ENTITLES THE ORGANIZATION TO THE SAME FUNDING AVAILABLE TO PUBLIC SCHOOLS WITHIN THE STATE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO SUCH COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCE COMMITTEE REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD HAS A WRITTEN CONFLICT OF INTEREST POLICY AND THE ORGANIZATION IS IN COMPLIANCE WITH THAT POLICY. THE CHIEF COMPLIANCE OFFICER MONITORS ALL COMPLIANCE MATTERS AND ENSURES THAT THE CONFLICT OF INTEREST POLICY IS ENFORCED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALARIES OF THE SCHOOL LEADERS ARE DETERMINED ON AN INDIVIDUAL CONTRACT BASIS, BASED UPON WORK EXPERIENCE AND WORK PERFORMANCE. THESE SALARIES ARE REGULARLY COMPARED AGAINST LOCAL SCHOOL DISTRICT SALARIES. THIS PROCESS WAS LAST UNDERTAKEN IN 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTING FEES: PROGRAM SERVICE EXPENSES 33,570. MANAGEMENT AND GENERAL EXPENSES 59,396. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 92,966. OTHER SERVICES: PROGRAM SERVICE EXPENSES 340,140. MANAGEMENT AND GENERAL EXPENSES 66,647. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 406,787. CONTRACTED STAFF: PROGRAM SERVICE EXPENSES 4,052. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,052.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03807812
IRS990/TotalAssetsEOYAmt03013242
IRS990/TotalAssetsGrp/BOYAmt03807812
IRS990/TotalAssetsGrp/EOYAmt03013242
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04193402
IRS990/TotalEmployeeCnt071
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0496805
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03230502
IRS990/TotalFunctionalExpensesGrp/TotalAmt03727307
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05970433
IRS990/TotalLiabilitiesEOYAmt04708521
IRS990/TotalLiabilitiesGrp/BOYAmt05970433
IRS990/TotalLiabilitiesGrp/EOYAmt04708521
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2162621

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,013,242
Liabilities
$4,708,521
Net assets
-$1,695,279
Revenue
$4,194,649
Expenses
$3,727,307
Net income
$467,342
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.03$2.27$0.76
2020Detailed filing. Detailed filing data is available for this year.$2.27$4.68$2.42$4.38$5.10$0.72
2019Detailed filing. Detailed filing data is available for this year.$3.01$4.71$1.70$4.19$3.73$0.47
2018Detailed filing. Detailed filing data is available for this year.$3.81$5.97$2.16$3.84$4.64$0.80
2017Detailed filing. Detailed filing data is available for this year.$4.51$5.87$1.36$3.73$4.35$0.62
2016Detailed filing. Detailed filing data is available for this year.$1.28$2.02$0.74$3.83$4.30$0.46
2015Detailed filing. Detailed filing data is available for this year.$1.18$1.46$0.28$3.99$3.52$0.47
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.44$0.13$3.08$2.83$0.25
2013Summary only. Only limited summary data is available for this year.$0.48$0.61$0.12$1.98$2.24$0.25
2012Summary only. Only limited summary data is available for this year.$0.41$0.28$0.13$0.24$0.11$0.13