Liabilities / Assets
50th percentile
Higher debt load relative to assets than 50% of similar nonprofits.
990 • Fiscal year 2015 • EIN 46-4392267
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
50th percentile
Higher debt load relative to assets than 50% of similar nonprofits.
Liabilities / Revenue
30th percentile
Higher debt load relative to revenue than 30% of similar nonprofits.
Net Margin
85th percentile
Higher net margin than 85% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 1.2% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$887,329
No earlier filing loaded for comparison.
Net Assets
$795,693
No earlier filing loaded for comparison.
Liabilities
$91,636
No earlier filing loaded for comparison.
Revenue
$2,675,421
No earlier filing loaded for comparison.
Expenses
$1,879,728
No earlier filing loaded for comparison.
Net Income
$795,693
No earlier filing loaded for comparison.
Universal Academy will provide success for all students with high quality learning, empowerment and support from a caring and nurturing staff.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cap Stk Tr Prin Current Funds | $0 | $737,445 | ▲ $737,445 |
| Accounts Receivable | - | $488,043 | - |
| Cash and Non-Interest-Bearing Accounts | - | $262,293 | - |
| Land, Buildings, and Equipment, Net | $0 | $58,248 | ▲ $58,248 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $58,248 | ▲ $58,248 |
| Prepaid Expenses and Deferred Charges | - | $25,292 | - |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Total Assets | $0 | $887,329 | ▲ $887,329 |
| Other Assets Total | $0 | $53,453 | ▲ $53,453 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $91,636 | - |
| Total Liabilities | $0 | $91,636 | ▲ $91,636 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $0 | $795,693 | ▲ $795,693 |
| Total Liabilities and Net Assets / Fund Balance | $0 | $887,329 | ▲ $887,329 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $58,248 | $7,823 | $66,071 |
| Other Assets Org | $53,453 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Farhiya Einte | Director | FT | $32,849 | - | $32,849 |
| Aimee Phung | Director | FT | - | $11,350 | $11,350 |
| Name | Title |
|---|---|
| Amiin Harun | Chairperson |
| Abdulkadir Osman | Vice-chair |
| Cabdulqaadir Faarax | Director |
| Hamdi Ahmed | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,068,247 |
| Salaries, Compensation, and Employee Benefits | $811,481 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $561,590 | $52,054 | - | $613,644 |
| Occupancy | $307,660 | $6,000 | - | $313,660 |
| Office Expenses | $128,874 | $15,454 | - | $144,328 |
| Information Technology | $105,555 | $10,027 | - | $115,582 |
| Current Officers, Directors, Trustees, and Key Employees | $32,036 | $73,333 | - | $105,369 |
| Payroll Taxes | $44,013 | $9,581 | - | $53,594 |
| Fees for Services Management | $26,460 | $26,801 | - | $53,261 |
| Fees for Services Accounting | - | $40,590 | - | $40,590 |
| Other Employee Benefits | $15,208 | $23,666 | - | $38,874 |
| Fees for Services Other | $21,628 | $6,600 | - | $28,228 |
| Payments to Affiliates | $692 | $11,246 | - | $11,938 |
| Depreciation Depletion | $7,823 | - | - | $7,823 |
| Insurance | $4,381 | - | - | $4,381 |
| Conferences and Meetings | $3,227 | - | - | $3,227 |
| Fees for Services Legal | - | $1,750 | - | $1,750 |
| Travel | $1,250 | $216 | - | $1,466 |
| Other Expenses | $120,236 | $653 | - | $653 |
| Total Functional Expenses | $1,601,757 | $277,971 | $0 | $1,879,728 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,879,728 |
| Total Expenses per Audited Statements | $1,879,728 |
| Total Expenses per Form 990 | $1,879,728 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Once the 990 is completed by an independent CPA, a copy will be provided to the Director of the Academy and the Board via email for review before filing.”
“Annually, Directors are required to sign a Conflict of Interest statement”
“Executive Director will be evaluated each year by the Board. Staff/parent surveys are taken each year at year-end. Compensation for all employees including the Director are recommended to the Board via the Budget which is then approved by the Board. The Board then approves all employement agreements/contracts.”
“The organization makes it governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“Several members of the Board are teachers at the school. Minnesota State Statute 124D.10 subd.4(g) requires the Board to have at least one member that is an employed/contracted teacher.”
“The School Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed.”
“The Academy is required to have an Authorizer to monitor its opeartions in order to maintain its charter. The Academy's approved authorizer during the fiscal year 2015 was Novation Education Opportunities.”
“Explanation: Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no other transactions noted.”
“The Academy is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). The Academy is subject to tax on income from any unrelated business. On July 1, 2009, the Academy adopted the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) ASC 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), with no cumulative effect adjustment required. 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 Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Academy believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse affect on their respective financial condition, results of operation or cash flows. Accordingly, the Academy has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2015.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 91636 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 488043 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Universal Academy will provide success for all students with high quality learning, empowerment and support from a caring and nurturing staff. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Lisa Hasladalen |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6512558826 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2233 University Ave W Ste 450 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | St Paul |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55114 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 737445 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 262293 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 73333 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 32036 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 105369 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 3227 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3227 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 1068247 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2675421 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 795693 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 811481 |
| IRS990/CYTotalExpensesAmt | 0 | 1879728 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2675421 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 7823 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 7823 |
| IRS990/Desc | 0 | A learning community educating the WHOLE child, serving students in grades K-8. During the fiscal year ended June 30, 2015, the Academy served an estimated 178 students. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DistributionToDonorInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 23 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1601757 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 40590 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 40590 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1750 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1750 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 26801 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 26460 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 53261 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 6600 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 21628 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 28228 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form1098CFiledInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form8899Filedind | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Amiin Harun |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Abdulkadir Osman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Cabdulqaadir Faarax |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Aimee Phung |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Hamdi Ahmed |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Farhiya Einte |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 32849 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 11350 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairperson |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice-chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2013 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2675421 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 10027 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 105555 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 115582 |
| IRS990/InitialReturnInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 4381 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4381 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 12 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 7823 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 58248 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 66071 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Universal Academy will provide success for all students with high quality learning, empowerment and support from a caring and nurturing staff. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 795693 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 6000 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 307660 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 313660 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 15454 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 128874 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 144328 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 53453 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 23666 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 15208 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 38874 |
| IRS990/OtherExpensesGrp/Desc | 0 | Transportation |
| IRS990/OtherExpensesGrp/Desc | 1 | Food |
| IRS990/OtherExpensesGrp/Desc | 2 | Food |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 653 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 221124 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 120236 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 221124 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 120236 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 653 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 52054 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 561590 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 613644 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt | 0 | 11246 |
| IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt | 0 | 692 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 11938 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 9581 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 44013 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 53594 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 58248 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 25292 |
| IRS990/PrincipalOfficerNm | 0 | Farhiya Einte |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Federal and State Sour |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Other Educational Purp |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2674671 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 750 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2674671 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 750 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 795693 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 2675421 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 58248 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 7823 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 66071 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1879728 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 53453 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Pension Plan Deferments |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2675421 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Academy is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). The Academy is subject to tax on income from any unrelated business. On July 1, 2009, the Academy adopted the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) ASC 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), with no cumulative effect adjustment required. 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 Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Academy believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse affect on their respective financial condition, results of operation or cash flows. Accordingly, the Academy has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2015. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 58248 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 53453 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1879728 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2675421 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2675421 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1879728 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | The Academy received Aid through the Federal Government and the State of MN to povide funding for the operational activities of the Academy. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Once the 990 is completed by an independent CPA, a copy will be provided to the Director of the Academy and the Board via email for review before filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Annually, Directors are required to sign a Conflict of Interest statement |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Executive Director will be evaluated each year by the Board. Staff/parent surveys are taken each year at year-end. Compensation for all employees including the Director are recommended to the Board via the Budget which is then approved by the Board. The Board then approves all employement agreements/contracts. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The organization makes it governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The School Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The Academy is required to have an Authorizer to monitor its opeartions in order to maintain its charter. The Academy's approved authorizer during the fiscal year 2015 was Novation Education Opportunities. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Several members of the Board are teachers at the school. Minnesota State Statute 124D.10 subd.4(g) requires the Board to have at least one member that is an employed/contracted teacher. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Explanation: Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no other transactions noted. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part XII, Line 2c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | AUTHORIZER |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Section A Line 1B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | RELATED ORGANIZATION COMPENSATION |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxableDistributionsInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsEOYAmt | 0 | 887329 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 887329 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 23 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 277971 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1601757 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1879728 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 91636 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 91636 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 795693 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1601757 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2675421 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 32849 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2675421 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2675421 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 887329 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 11350 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 216 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 1250 |
| IRS990/TravelGrp/TotalAmt | 0 | 1466 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1745 University Avenue West |
| IRS990/USAddress/CityNm | 0 | St Paul |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55104 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | uacsmn.org |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Lisa Hasledalen |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6514423124 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Universal Academy |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | UNIV |
| ReturnHeader/Filer/EIN | 0 | 464392267 |
| ReturnHeader/Filer/PhoneNum | 0 | 6514423124 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1745 University Avenue West |
| ReturnHeader/Filer/USAddress/CityNm | 0 | St Paul |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55104 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411690382 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Malloy Montague Karnowski Radosevich |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5353 Wayzata Blvd Ste 410 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Minneapolis |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55416 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9525450424 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Thomas A Karnowski |
| ReturnHeader/ReturnTs | 0 | 2016-05-13T16:20:00-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.