Civic Intelligence

Sejong Academy Charter School No 4215

EIN 46-1710874 • 501(c)3 • St Paul, MN

Profile

Sejong Academy is committed to providing an academically rigorous education to PreK-10 Twin Cities students through immersion experience in Korean language and culture by using research-based curriculum, high standards for accountability and promoting an appreciation for diversity and international cultures.

2410 Stillwater Rd ESt Paul, MN 55119

www.sejongacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.25x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

2.45x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

11th percentile

-23%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

29th percentile

$127,167

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

11th percentile

-9.8%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$13,807,686

Down $1,501,504 (-9.8%) from 2023

Liabilities

Up

$17,231,871

Up $90,457 (+0.5%) from 2023

Net Assets

Down

-$3,424,185

Down $1,591,961 (-87%) from 2023

Operations
Liabilities / Revenue90th percentileNet Margin11th percentile

Revenue

Up

$7,036,265

Up $854,805 (+14%) from 2023

Expenses

Up

$8,628,226

Up $1,060,114 (+14%) from 2023

Net Income

Down

-$1,591,961

Down $205,309 (-15%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$10M$0-$10MAssets 2015: $149,051Liabilities 2015: $75,703Net Assets 2015: $73,3482015Assets 2016: $607,530Liabilities 2016: $438,913Net Assets 2016: $168,6172016Assets 2017: $1,565,023Liabilities 2017: $1,512,746Net Assets 2017: $52,2772017Assets 2018: $2,455,267Liabilities 2018: $2,556,852Net Assets 2018: -$101,5852018Assets 2019: $2,878,739Liabilities 2019: $2,961,210Net Assets 2019: -$82,4712019Assets 2020: $2,896,839Liabilities 2020: $2,725,556Net Assets 2020: $171,2832020Assets 2021: $3,353,866Liabilities 2021: $2,936,628Net Assets 2021: $417,2382021Assets 2022: $16,720,903Liabilities 2022: $17,166,475Net Assets 2022: -$445,5722022Assets 2023: $15,309,190Liabilities 2023: $17,141,414Net Assets 2023: -$1,832,2242023Assets 2024: $13,807,686Liabilities 2024: $17,231,871Net Assets 2024: -$3,424,1852024

Highlighted filing

2024

Assets$13,807,686
Liabilities$17,231,871
Net Assets-$3,424,185
Open 2024 Filing

Operations Trend

Revenue Growth62nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2015: $931,858Expenses 2015: $858,510Net Income 2015: $73,3482015Revenue 2016: $1,244,450Expenses 2016: $1,149,181Net Income 2016: $95,2692016Revenue 2017: $1,746,956Expenses 2017: $1,863,296Net Income 2017: -$116,3402017Revenue 2018: $2,387,973Expenses 2018: $2,541,835Net Income 2018: -$153,8622018Revenue 2019: $2,969,803Expenses 2019: $2,950,689Net Income 2019: $19,1142019Revenue 2020: $3,780,828Expenses 2020: $3,527,074Net Income 2020: $253,7542020Revenue 2021: $4,741,471Expenses 2021: $4,495,516Net Income 2021: $245,9552021Revenue 2022: $6,083,352Expenses 2022: $6,946,162Net Income 2022: -$862,8102022Revenue 2023: $6,181,460Expenses 2023: $7,568,112Net Income 2023: -$1,386,6522023Revenue 2024: $7,036,265Expenses 2024: $8,628,226Net Income 2024: -$1,591,9612024

Highlighted filing

2024

Revenue$7,036,265
Expenses$8,628,226
Net Income-$1,591,961
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,807,686
Liabilities
$17,231,871
Net assets
-$3,424,185
Revenue
$7,036,265
Expenses
$8,628,226
Net income
-$1,591,961
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.8$17.2$3.42$7.04$8.63$1.59
2023Detailed filing. Detailed filing data is available for this year.$15.3$17.1$1.83$6.18$7.57$1.39
2022Detailed filing. Detailed filing data is available for this year.$16.7$17.2$0.45$6.08$6.95$0.86
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$2.94$0.42$4.74$4.50$0.25
2020Detailed filing. Detailed filing data is available for this year.$2.90$2.73$0.17$3.78$3.53$0.25
2019Detailed filing. Detailed filing data is available for this year.$2.88$2.96$0.08$2.97$2.95$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.46$2.56$0.10$2.39$2.54$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.57$1.51$0.05$1.75$1.86$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.44$0.17$1.24$1.15$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.08$0.07$0.93$0.86$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$7,192,733
Mission and Program Overview

Mission

Sejong academy is committed to providing an academically rigorous education to k-8 twin cities students through immersion experience in korean language and culture by using research-based curriculum, high standards for accountability and promoting an appreciation for diversity and international cultures.

The Academy provides an academically rigorous education to Pre-K to12 Twin Cities students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,649,208$11,778,655▼ $870,553
Pledges and Grants Receivable$499,570$632,683▲ $133,113
Cash and Non-Interest-Bearing Accounts$817,762$409,927▼ $407,835
Prepaid Expenses and Deferred Charges$31,624$178,743▲ $147,119
Accounts Receivable$3,020$3,020→ $0
Total Assets$15,309,190$13,807,686▼ $1,501,504
Other Assets Total$1,308,006$804,658▼ $503,348
Liabilities
Other Liabilities$16,869,209$16,852,514▼ $16,695
Accounts Payable and Accrued Expenses$272,205$379,357▲ $107,152
Total Liabilities$17,141,414$17,231,871▲ $90,457
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,325$7,075▼ $250
Net Assets Without Donor Restrictions$-1,839,549$-3,431,260▼ $1,591,711
Total Net Assets Fund Balance$-1,832,224$-3,424,185▼ $1,591,961
Total Liabilities and Net Assets / Fund Balance$15,309,190$13,807,686▼ $1,501,504

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,779,268$2,192,304$13,971,572
Equipment$-613$142,674$142,061
Other Assets Org$804,658--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brad TipkaExecutive DirectorFT$112,472$14,695$127,167
Hoonseok OhMember/TeacherFT$66,527$10,109$76,636
Thomas CaronMember/TeacherFT$34,979$5,559$40,538
Pawku HserMember/TeacherFT$29,723$5,324$35,047

Board Members and Trustees

NameTitle
Grace LeeChair
Anna CarpenterMember
Donna PhillipsMember
Erik FunkTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
JME TrasportationTransportation services3140 Irving Ave S, Minneapolis, MN 55408$540,046
Ride Safe TransportationTransportation services2780 Snelling Ave N Ste 300, Roseville, MN 55113$264,200
Reboot SystemsTech services15838 Harwell Ave, Apple Valley, MN 55124$104,520
Revenue and Support

Revenue Composition

Contributions and Grants
$7,054,901
Program Service Revenue
$62,995
Investment Income
$-114,683
Other Revenue
$33,052
All Other Contributions
$17,702
Change in Net Assets
$-1,591,961

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,036,265
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,036,265
Total Revenue per Form 990
$7,036,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,089,777
Other Expenses$3,538,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,974,417$197,783-$3,172,200
Pension Plan Contributions$1,065,285$74,978-$1,140,263
Travel$940,499$4,945-$945,444
Depreciation Depletion$760,629$15,335-$775,964
Fees for Services Other$291,375$169,419-$460,794
Occupancy$429,146--$429,146
Other Employee Benefits$238,256$71,796-$310,052
Payroll Taxes$237,546$15,766-$253,312
Current Officers, Directors, Trustees, and Key Employees$200,621$13,329-$213,950
Office Expenses$54,281$26,123-$80,404
All Other Expenses$6,576$66,334-$72,910
Information Technology$44,985$27,238-$72,223
Fees for Services Accounting-$66,429-$66,429
Other Expenses$54,132$3,564-$54,132
Insurance$29,390$47-$29,437
Fees for Services Legal-$25,146-$25,146
Total Functional Expenses$7,847,919$780,307$0$8,628,226

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,628,226
Total Expenses per Audited Statements$8,628,226
Total Expenses per Form 990$8,628,226
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
Lease payable$12,870,328
Pension liability$3,815,890
Deferred pension resources$166,296
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 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
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 Charter School's Board of Directors reviews and signs the 990 before it is submitted.”

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

“The Board of Directors reviews the policy and potential conflicts of interest at the monthly board meeting.”

Form 990, Part VI, Section B, line 15

“The Board has an Executive Director Evaluation Committee, which performs a performance evaluation annually and makes recommendations to the Board regarding contract renewal and salary increase. The Board then takes action on whether to renew the contract and or provide an increase in salary.”

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
Sejong Academy Charter School No 4215
EIN
46-1710874
Phone
6513306944
Address
2410 Stillwater Rd E, St Paul, MN 55119

Signing Officer

Name
Brad Tipka
Title
Executive Director
Phone
6513018722
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Tipka
Formed
2013
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
4
Employees
94
Volunteers
10

Preparer

Firm
Abdo LLP
Address
5201 Eden Ave Ste 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The Charter School is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and similar state income tax laws. The Organization is not a private foundation and contributions to the Charter School qualify as a charitable tax deduction by the contributor. The Organization has evaluated and determined that there are no uncertain tax positions as of June 30, 2024. The Association's tax returns are subject to possible examination by the taxing authorities.”

Raw XML AppendixShowing 400 of 479 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/InsuranceGrp/ProgramServicesAmt029390
IRS990/InsuranceGrp/TotalAmt029437
IRS990/InvestmentIncomeGrp/ExclusionAmt01579
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01579
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02334978
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012649208
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011778655
IRS990/LandBldgEquipCostOrOtherBssAmt014113633
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0156468
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Sejong Academy is committed to providing an academically rigorous education to Pre-K to 12 Twin Cities students through immersion experience in Korean language and culture by using research-based curriculum, high standards for accountability and promoting an appreciation for diversity and international cultures.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1832224
IRS990/NetAssetsOrFundBalancesEOYAmt0-3424185
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-116262
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-116262
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1839549
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3431260
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0429146
IRS990/OccupancyGrp/TotalAmt0429146
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026123
IRS990/OfficeExpensesGrp/ProgramServicesAmt054281
IRS990/OfficeExpensesGrp/TotalAmt080404
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01308006
IRS990/OtherAssetsTotalGrp/EOYAmt0804658
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt071796
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0238256
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0310052
IRS990/OtherExpensesGrp/Desc0Food Services
IRS990/OtherExpensesGrp/Desc1Equipment
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Property Taxes
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02075
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13564
IRS990/OtherExpensesGrp/ProgramServicesAmt0359566
IRS990/OtherExpensesGrp/ProgramServicesAmt193474
IRS990/OtherExpensesGrp/ProgramServicesAmt267741
IRS990/OtherExpensesGrp/ProgramServicesAmt354132
IRS990/OtherExpensesGrp/TotalAmt0361641
IRS990/OtherExpensesGrp/TotalAmt197038
IRS990/OtherExpensesGrp/TotalAmt267741
IRS990/OtherExpensesGrp/TotalAmt354132
IRS990/OtherLiabilitiesGrp/BOYAmt016869209
IRS990/OtherLiabilitiesGrp/EOYAmt016852514
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Pension Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt033052
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt033052
IRS990/OtherRevenueTotalAmt033052
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0197783
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02974417
IRS990/OtherSalariesAndWagesGrp/TotalAmt03172200
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015766
IRS990/PayrollTaxesGrp/ProgramServicesAmt0237546
IRS990/PayrollTaxesGrp/TotalAmt0253312
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt074978
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01065285
IRS990/PensionPlanContributionsGrp/TotalAmt01140263
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0499570
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0632683
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031624
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0178743
IRS990/PrincipalOfficerNm0Brad Tipka
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Student activities
IRS990/ProgramServiceRevenueGrp/Desc1Other program services
IRS990/ProgramServiceRevenueGrp/Desc2Fees for patrons
IRS990/ProgramServiceRevenueGrp/Desc3Medical assistance
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035240
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt126020
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21315
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3420
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035240
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt126020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21315
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3420
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06104813
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02196
IRS990/PYOtherExpensesAmt03087798
IRS990/PYOtherRevenueAmt030058
IRS990/PYProgramServiceRevenueAmt044393
IRS990/PYRevenuesLessExpensesAmt0-1386652
IRS990/PYSalariesCompEmpBnftPaidAmt04480314
IRS990/PYTotalExpensesAmt07568112
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06181460
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1591961
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt062995
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/BuildingsGrp/BookValueAmt011779268
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02192304
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013971572
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-613
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0142674
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0142061
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08628226
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0804658
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Pension Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03815890
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1166296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt212870328
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Pension liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred pension resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Lease payable
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07036265
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Charter School is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and similar state income tax laws. The Organization is not a private foundation and contributions to the Charter School qualify as a charitable tax deduction by the contributor. The Organization has evaluated and determined that there are no uncertain tax positions as of June 30, 2024. The Association's tax returns are subject to possible examination by the taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011778655
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0804658
IRS990ScheduleD/TotalExpensesPerForm990Amt08628226
IRS990ScheduleD/TotalLiabilityAmt016852514
IRS990ScheduleD/TotalRevenuePerForm990Amt07036265
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07036265
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08628226
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The policy is communicated in the registration materials.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The Organization receives financial aid and assistance from the Minnesota Department of Education and the U.S. Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Charter School's Board of Directors reviews and signs the 990 before it is submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors reviews the policy and potential conflicts of interest at the monthly board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board has an Executive Director Evaluation Committee, which performs a performance evaluation annually and makes recommendations to the Board regarding contract renewal and salary increase. The Board then takes action on whether to renew the contract and or provide an increase in salary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4This process has not changed from the prior year.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00

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