Civic Intelligence

Art and Science Academy Inc.

990 • Fiscal year 2019 • EIN 46-1249634

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 09, 2020

903 6th Ave Court NEIsanti, MN 55040

(763) 444-0342

Siviq Scores

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

Liabilities / Assets

95th percentile

1.18x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

2.24x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

46th percentile

1.6%

Higher net margin than 46% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$163,111

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

61st percentile

6.8%

Faster asset growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

70th percentile

13%

Faster revenue growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$8,929,592

Up $571,947 (+6.8%) from 2018

Net Assets

Up

-$1,586,338

Up $387,717 (+20%) from 2018

Liabilities

Up

$10,515,930

Up $184,230 (+1.8%) from 2018

Revenue

Up

$4,703,120

Up $557,524 (+13%) from 2018

Expenses

Down

$4,627,108

Down $766,414 (-14%) from 2018

Net Income

Up

$76,012

Up $1,323,938 (+106%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2015: $2,643,434Liabilities 2015: $2,414,104Net Assets 2015: $229,3302015Assets 2016: $2,690,610Liabilities 2016: $2,594,508Net Assets 2016: $96,1022016Assets 2017: $2,593,925Liabilities 2017: $3,320,054Net Assets 2017: -$726,1292017Assets 2018: $8,357,645Liabilities 2018: $10,331,700Net Assets 2018: -$1,974,0552018Assets 2019: $8,929,592Liabilities 2019: $10,515,930Net Assets 2019: -$1,586,3382019Assets 2020: $7,819,782Liabilities 2020: $9,838,693Net Assets 2020: -$2,018,9112020Assets 2021: $7,450,726Liabilities 2021: $9,618,305Net Assets 2021: -$2,167,5792021Assets 2022: $3,569,592Liabilities 2022: $4,799,864Net Assets 2022: -$1,230,2722022Assets 2023: $3,872,235Liabilities 2023: $4,231,163Net Assets 2023: -$358,9282023Assets 2024: $3,333,005Liabilities 2024: $3,110,658Net Assets 2024: $222,3472024

Highlighted filing

2019

Assets$8,929,592
Liabilities$10,515,930
Net Assets-$1,586,338

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $2,000,031Expenses 2015: $1,763,785Net Income 2015: $236,2462015Revenue 2016: $2,877,109Expenses 2016: $3,010,337Net Income 2016: -$133,2282016Revenue 2017: $2,955,065Expenses 2017: $3,777,296Net Income 2017: -$822,2312017Revenue 2018: $4,145,596Expenses 2018: $5,393,522Net Income 2018: -$1,247,9262018Revenue 2019: $4,703,120Expenses 2019: $4,627,108Net Income 2019: $76,0122019Revenue 2020: $4,957,802Expenses 2020: $4,677,405Net Income 2020: $280,3972020Revenue 2021: $5,099,071Expenses 2021: $4,756,608Net Income 2021: $342,4632021Revenue 2022: $5,346,674Expenses 2022: $4,744,217Net Income 2022: $602,4572022Revenue 2023: $4,979,139Expenses 2023: $4,497,524Net Income 2023: $481,6152023Revenue 2024: $5,125,729Expenses 2024: $4,535,657Net Income 2024: $590,0722024

Highlighted filing

2019

Revenue$4,703,120
Expenses$4,627,108
Net Income$76,012
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 9, 2020
Return Version
2018v3.1
Gross Receipts
$4,721,663
Mission and Program Overview

Mission

To provide rigorous k-8 public education in science, math, technology, language arts and social studies, while integrating the visual and performing arts (visual, media, music, dance and theater) within each school day. Asa is a free public charter school staffed with highly qualified and motivated individuals.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,094,876$3,969,712▼ $125,164
Accounts Receivable$515,644$364,379▼ $151,265
Cash and Non-Interest-Bearing Accounts$96,404$192,774▲ $96,370
Prepaid Expenses and Deferred Charges$62,714$22,507▼ $40,207
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-24,222$-136,204▼ $111,982
Cap Stk Tr Prin Current Funds$-1,949,833$-1,450,134▲ $499,699
Total Assets$8,357,645$8,929,592▲ $571,947
Other Assets Total$3,588,007$4,380,220▲ $792,213
Liabilities
Other Liabilities$9,726,077$10,245,247▲ $519,170
Accounts Payable and Accrued Expenses$354,353$195,683▼ $158,670
Mortgage Notes Payable Secured by Investment Property$250,000$75,000▼ $175,000
Deferred Revenue$1,270--
Total Liabilities$10,331,700$10,515,930▲ $184,230
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,974,055$-1,586,338▲ $387,717
Total Liabilities and Net Assets / Fund Balance$8,357,645$8,929,592▲ $571,947

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,820,480$343,690$4,164,170
Equipment$91,931$94,320$186,251
Leasehold Improvements$57,301$24,392$81,693
Other Assets Org$4,380,220--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carlo GaleazziExecutive DirectorFT$135,271$27,840$163,111
Karen OstlundMember - Teacher, PartialFT$40,004$9,042$49,046
Kara DahlSecretaryFT$40,391$8,386$48,777
Erick DornseifMember - TeacherFT$38,351$7,370$45,721

Board Members and Trustees

NameTitle
Sue MackertChair
Linda HenningVice Chair
Dick OttoMember
Lori KenisonMember
Roberta ProvostTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
A Chance To GrowSpeech Services1800 SECOND STREET NE, Minneapolis, MN 55418$127,493
Revenue and Support

Revenue Composition

Contributions and Grants
$4,594,402
Program Service Revenue
$106,173
Investment Income
$0
Other Revenue
$2,545
All Other Contributions
$8,445
Change in Net Assets
$76,012

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,703,120
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,703,120
Total Revenue per Form 990
$4,703,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,894,576
Other Expenses$1,732,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,772,416$223,473-$1,995,889
Interest$712,066--$712,066
Fees for Services Other$361,571$8,577-$370,148
Current Officers, Directors, Trustees, and Key Employees$130,770$118,832-$249,602
Payroll Taxes$143,942$44,094-$188,036
Comp Disqual Persons$74,192$86,166-$160,358
Pension Plan Contributions$135,084$17,170-$152,254
Other Employee Benefits$107,346$41,091-$148,437
Depreciation Depletion$143,979--$143,979
Fees for Services Accounting-$85,300-$85,300
Occupancy$71,670--$71,670
Office Expenses$34,779$20,768-$55,547
Information Technology$26,788$20,806-$47,594
Fees for Services Legal-$22,042-$22,042
Conferences and Meetings$12,779$5,174-$17,953
Other Expenses$16,618$30,803-$16,618
Insurance$13,433--$13,433
All Other Expenses$13,365--$13,365
Advertising-$990-$990
Total Functional Expenses$3,901,822$725,286$0$4,627,108

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,627,108
Total Expenses per Audited Statements$4,463,282
Expenses per Audited Statements$4,431,285
Expenses Not Reported on Financial Statements$195,823
Other Expense Adjustments$195,823
Expenses Not Reported on Form 990$31,997
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,904
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Apex Fun Run$20,359-$10,904-
Total Events$20,359-$10,904$-10,904
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Emily DornseifFamily Relationship With Erick Dornseif, Board MemberFiscal Year CompensationNo$24,668
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Payable$4,105,916
Deferred Pension Inflows$3,659,905
Net Pension Liability$2,370,711
Accrued Interest$108,715
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
Yes
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 6

The academy's members include current staff member at the charter school and all parents/guardians of children enrolled at the school (one vote per household).

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

The academy's members are eligible to elect the members of the academy's board of directors.

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

The academy does not have any committees who have the authority to act on behalf of the governing body.

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

The form 990 is prepared by their accountant and the full form is reviewed by the executive director. The public disclosure version of the form 990 is then sent to the board of directors for review at least one week prior to filing.

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

Any potential conflict of interests are disclosed prior to engaging or entering into a contract for the school. All board members and staff must follow the policy.

Form 990, Part VI, Section B, Line 15

The school uses a review process of other area district schools in determining the salary compensation for the employee of the district. This includes the use of a local district's teacher salary matrix to help determine a competitive rate of pay. The executive director's salary is determined on comparable salaries of other charter schools as well as local public schools.

Form 990, Part VI, Section C, Line 19

The academy makes its governing documents, policies and financial statements available to the public upon request.

FORM 990, PART VII, SECTION A:

Related board members per mn statute 124e.07, charter schools are required to have a licensed teacher as a member of the board of directors. Karen ostlund, kara dahl, and erick dornseif are board members but received compensation for their services as a teachers.

Filing and Contact Details

Filer

Filer Name
Art and Science Academy Inc
EIN
46-1249634
Phone
7634440342
Address
903 6TH AVE COURT NE, ISANTI, MN 55040

Signing Officer

Name
Roberta Provost
Title
Board Chair
Phone
7634440342
Signed
2020-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roberta Provost
Formed
2014
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
5
Employees
90
Volunteers
20

Preparer

Firm
Bergankdv Ltd
Address
3800 AMERICAN BLVD WEST SUITE 1000, MINNEAPOLIS, MN 55431-4420
Preparer
Theresa Goette
Phone
9525636800
Supplemental Narrative

Additional Explanations

FORM 990, PART X, LINE 25:

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

FORM 990, PART XI, LINE 9:

Gasb 68 - pension adjustment 311,705.

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Capitalized equipment & lease 18,815. Principal payments - capital lease 13,182.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Depreciation expense 143,979. Change in accrued interest 51,844.

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IRS990/Desc0ART & SCIENCE ACADEMY IS A COMPREHENSIVE TUITION-FREE PUBLIC SCHOOL OFFERING A RIGOROUS ACADEMIC PROGRAM WHILE INTEGRATING THE VISUAL AND PERFORMING ARTS INTO EACH AND EVERY SCHOOL DAY.OPEN TO ALL K-8 STUDENTS, ART & SCIENCE ACADEMY IS A UNIQUE LEARNING ENVIRONMENT WHERE DEDICATED TEACHERS INSPIRE STUDENTS TO REALIZE THEIR POTENTIAL AS INDIVIDUALS, AS STUDENTS, AS ARTISTS, AND AS MEMBERS OF A LOCAL AND GLOBAL COMMUNITY. STUDENTS LEARN IN SMALL CLASSES, RECEIVE ALL NECESSARY ACADEMIC SUPPORT, AND PARTICIPATE IN ADVANCED LEARNING OPPORTUNITIES DURING AN ENRICHMENT HOUR AT THE END OF EACH DAY.
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IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt020806
IRS990/InformationTechnologyGrp/ProgramServicesAmt026788
IRS990/InformationTechnologyGrp/TotalAmt047594
IRS990/InsuranceGrp/ProgramServicesAmt013433
IRS990/InsuranceGrp/TotalAmt013433
IRS990/InterestGrp/ProgramServicesAmt0712066
IRS990/InterestGrp/TotalAmt0712066
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0462402
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04094876
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03969712
IRS990/LandBldgEquipCostOrOtherBssAmt04432114
IRS990/LegalDomicileStateCd0MN
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE RIGOROUS K-8 PUBLIC EDUCATION IN SCIENCE, MATH, TECHNOLOGY, LANGUAGE ARTS AND SOCIAL STUDIES, WHILE INTEGRATING THE VISUAL AND PERFORMING ARTS (VISUAL, MEDIA, MUSIC, DANCE AND THEATER) WITHIN EACH SCHOOL DAY. ASA IS A FREE PUBLIC CHARTER SCHOOL STAFFED WITH HIGHLY QUALIFIED AND MOTIVATED INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0250000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt075000
IRS990/NetAssetsOrFundBalancesBOYAmt0-1974055
IRS990/NetAssetsOrFundBalancesEOYAmt0-1586338
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-10904
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-10904
IRS990/NetIncomeOrLossGrp/ExclusionAmt0-1005
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-1005
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt05240
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05240
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt071670
IRS990/OccupancyGrp/TotalAmt071670
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020768
IRS990/OfficeExpensesGrp/ProgramServicesAmt034779
IRS990/OfficeExpensesGrp/TotalAmt055547
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03588007
IRS990/OtherAssetsTotalGrp/EOYAmt04380220
IRS990/OtherChangesInNetAssetsAmt0311705
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt041091
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0107346
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0148437
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1DUES & MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030803
IRS990/OtherExpensesGrp/ProgramServicesAmt0103700
IRS990/OtherExpensesGrp/ProgramServicesAmt11320
IRS990/OtherExpensesGrp/ProgramServicesAmt226004
IRS990/OtherExpensesGrp/ProgramServicesAmt316618
IRS990/OtherExpensesGrp/TotalAmt0103700
IRS990/OtherExpensesGrp/TotalAmt132123
IRS990/OtherExpensesGrp/TotalAmt226004
IRS990/OtherExpensesGrp/TotalAmt316618
IRS990/OtherLiabilitiesGrp/BOYAmt09726077
IRS990/OtherLiabilitiesGrp/EOYAmt010245247
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09214
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09214
IRS990/OtherRevenueTotalAmt09214
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0223473
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01772416
IRS990/OtherSalariesAndWagesGrp/TotalAmt01995889
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt044094
IRS990/PayrollTaxesGrp/ProgramServicesAmt0143942
IRS990/PayrollTaxesGrp/TotalAmt0188036
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-24222
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-136204
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017170
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0135084
IRS990/PensionPlanContributionsGrp/TotalAmt0152254
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt062714
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022507
IRS990/PrincipalOfficerNm0ROBERTA PROVOST
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SALES TO PUPILS
IRS990/ProgramServiceRevenueGrp/Desc1AFTER SCHOOL CARE
IRS990/ProgramServiceRevenueGrp/Desc2FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/Desc3MEDICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037666
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt135496
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt223920
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt39091
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037666
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135496
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt223920
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt39091
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04024114
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01519838
IRS990/PYOtherRevenueAmt016461
IRS990/PYProgramServiceRevenueAmt0105021
IRS990/PYRevenuesLessExpensesAmt0-1247926
IRS990/PYSalariesCompEmpBnftPaidAmt03873684
IRS990/PYTotalExpensesAmt05393522
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04145596
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt076012
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05240
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0115387
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt091931
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094320
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0186251
IRS990ScheduleD/ExpensesNotReportedAmt031997
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0195823
IRS990ScheduleD/ExpensesSubtotalAmt04431285
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt057301
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt024392
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt081693
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04380220
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED PENSION OUTFLOWS
IRS990ScheduleD/OtherExpensesIncludedAmt031997
IRS990ScheduleD/OtherExpensesNotIncludedAmt0195823
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03820480
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0343690
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04164170
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04105916
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1108715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22370711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33659905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED PENSION INFLOWS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04703120
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CAPITALIZED EQUIPMENT & LEASE 18,815. PRINCIPAL PAYMENTS - CAPITAL LEASE 13,182.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DEPRECIATION EXPENSE 143,979. CHANGE IN ACCRUED INTEREST 51,844.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03969712
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04380220
IRS990ScheduleD/TotalExpensesPerForm990Amt04627108
IRS990ScheduleD/TotalLiabilityAmt010245247
IRS990ScheduleD/TotalRevenuePerForm990Amt04703120
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04703120
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04463282
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 ALL SOLICITATIONS AND REGISTRATION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A MN PUBLIC CHARTER SCHOOL, THE ACADEMY RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt020359
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt020359
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010904
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0APEX FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020359
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020359

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