Civic Intelligence

Twin Lakes STEM Academy

990 • Fiscal year 2022 • EIN 47-1553568

Jul 01, 2021 to Jun 30, 2022 • Filed on May 01, 2023

6201 Noble Avenue NorthBrooklyn Center, MN 55429

(763) 338-9373

Siviq Scores

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

Liabilities / Assets

96th percentile

1.10x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

3.47x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

16th percentile

-10%

Higher net margin than 16% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$147,115

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

99th percentile

622%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

34%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$13,917,040

Up $11,990,048 (+622%) from 2021

Net Assets

Down

-$1,348,617

Down $448,246 (-50%) from 2021

Liabilities

Up

$15,265,657

Up $12,438,294 (+440%) from 2021

Revenue

Up

$4,398,825

Up $1,107,983 (+34%) from 2021

Expenses

Up

$4,847,071

Up $1,669,025 (+53%) from 2021

Net Income

Down

-$448,246

Down $561,042 (-497%) from 2021

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2015: $198,937Liabilities 2015: $178,594Net Assets 2015: $20,3432015Assets 2016: $657,457Liabilities 2016: $279,744Net Assets 2016: $377,7132016Assets 2017: $3,057,749Liabilities 2017: $3,098,024Net Assets 2017: -$40,2752017Assets 2018: $2,428,529Liabilities 2018: $3,224,734Net Assets 2018: -$796,2052018Assets 2019: $2,543,521Liabilities 2019: $3,185,220Net Assets 2019: -$641,6992019Assets 2020: $2,260,104Liabilities 2020: $3,273,271Net Assets 2020: -$1,013,1672020Assets 2021: $1,926,992Liabilities 2021: $2,827,363Net Assets 2021: -$900,3712021Assets 2022: $13,917,040Liabilities 2022: $15,265,657Net Assets 2022: -$1,348,6172022Assets 2023: $13,660,081Liabilities 2023: $15,490,958Net Assets 2023: -$1,830,8772023Assets 2024: $12,752,996Liabilities 2024: $14,944,081Net Assets 2024: -$2,191,0852024

Highlighted filing

2022

Assets$13,917,040
Liabilities$15,265,657
Net Assets-$1,348,617

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $194,587Expenses 2015: $174,244Net Income 2015: $20,3432015Revenue 2016: $2,398,176Expenses 2016: $2,040,806Net Income 2016: $357,3702016Revenue 2017: $2,467,646Expenses 2017: $2,885,634Net Income 2017: -$417,9882017Revenue 2018: $2,506,114Expenses 2018: $3,262,044Net Income 2018: -$755,9302018Revenue 2019: $2,624,624Expenses 2019: $2,470,118Net Income 2019: $154,5062019Revenue 2020: $2,990,554Expenses 2020: $3,362,022Net Income 2020: -$371,4682020Revenue 2021: $3,290,842Expenses 2021: $3,178,046Net Income 2021: $112,7962021Revenue 2022: $4,398,825Expenses 2022: $4,847,071Net Income 2022: -$448,2462022Revenue 2023: $3,563,185Expenses 2023: $4,045,445Net Income 2023: -$482,2602023Revenue 2024: $4,082,738Expenses 2024: $4,442,946Net Income 2024: -$360,2082024

Highlighted filing

2022

Revenue$4,398,825
Expenses$4,847,071
Net Income-$448,246
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 1, 2023
Return Version
2021v4.0
Gross Receipts
$4,398,825
Mission and Program Overview

Mission

Tesfa international school is a free public k-6 charter school that is committed to providing an equitable and empowering education for all. Our scholars will engage in a transdisciplinary curriculum supported by conceptual and inquiry based learning. Side-by-side with dedicated educators, scholars will develop the knowledge, skills, and characteristics necessary for active citizenship throughout the world.

Tesfa International School is committed to providing an equitable and empowering education for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,868$11,957,958▲ $11,942,090
Cash and Non-Interest-Bearing Accounts$561,332$544,717▼ $16,615
Pledges and Grants Receivable$194,619$393,786▲ $199,167
Accounts Receivable$55,150$57,969▲ $2,819
Prepaid Expenses and Deferred Charges$3,329$28,140▲ $24,811
Savings and Temporary Cash Investments$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Loans From Officers Directors$0--
Rtn Earn Endowment Incm Other Fnds$15,868$-340,681▼ $356,549
Pd in Cap Srpls Land Bldg Eqp Fund$-916,239$-1,007,936▼ $91,697
Total Assets$1,926,992$13,917,040▲ $11,990,048
Other Assets Total$1,096,694$934,470▼ $162,224
Liabilities
Other Liabilities$2,654,012$14,841,096▲ $12,187,084
Accounts Payable and Accrued Expenses$164,351$424,561▲ $260,210
Deferred Revenue$9,000--
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$2,827,363$15,265,657▲ $12,438,294
Net Assets / Fund Balance
Total Net Assets Fund Balance$-900,371$-1,348,617▼ $448,246
Total Liabilities and Net Assets / Fund Balance$1,926,992$13,917,040▲ $11,990,048

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,946,904$362,345$12,309,249
Equipment$11,054$6,746$17,800
Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Other Assets Org$934,470--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonas BeugenEx OfficioFT$113,498$33,617$147,115
Abby HendricksTeacher MemberFT$56,888$21,180$78,068
Malaney PetersonTeacher MemberFT$46,708$9,686$56,394

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
MD TransportationTransportation12100 7th St NE, Blaine, MN 55434$154,590
MSP TransportationTransportation1488 Peridot Street NW, Ramsey, MN 55303$115,140
Revenue and Support

Revenue Composition

Contributions and Grants
$4,398,788
Program Service Revenue
$0
Investment Income
$37
Other Revenue
$0
All Other Contributions
$110,826
Change in Net Assets
$-448,246

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,398,825
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$4,398,825
Total Revenue per Form 990
$4,398,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,591,136
Other Expenses$2,255,935
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,605,600$56,750-$1,662,350
Occupancy$631,316--$631,316
Depreciation Depletion$365,132--$365,132
Current Officers, Directors, Trustees, and Key Employees$149,931$174,785-$324,716
Other Employee Benefits$211,141$26,536-$237,677
Pension Plan Contributions$194,360$22,886-$217,246
Fees for Services Other$156,722--$156,722
Payroll Taxes$128,676$20,471-$149,147
Fees for Services Management-$112,430-$112,430
Office Expenses$40,311$59,998-$100,309
Information Technology$25,162$29,896-$55,058
Fees for Services Accounting-$47,523-$47,523
Conferences and Meetings$20,938$257-$21,195
Insurance$12,041--$12,041
Other Expenses$2,027$0$0$2,027
Total Functional Expenses$4,294,937$552,134$0$4,847,071

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,847,071
Total Expenses per Audited Statements$4,847,071
Total Expenses per Form 990$4,847,071
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Leases Payable$12,298,639
Deferred Inflows - Pensions$1,618,598
Net Pension Liability$923,859
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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 A, Line 7A

All members in good standing are eligible to vote for the board members at the annual meeting in person or by proxy.

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

The form 990 is prepared by an independent accounting firm and disseminated to the full board after it is filed.

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

Each director, principal, officer, and committee member with governing board delegated powers is required to complete an annual statement that confirms that the individual has received, understood, and agreed to comply with the conflict of interest policy. This includes a duty to disclose any actual or potential conflicts no the proposed transactions after disclosure andadmission of any material facts. The conflicted individual in required to leave the meeting while the determination of a conflict is discussed and voted upon by the board or committee involved. The board or committee chair will conduct due diligence to determine if a similar transaction can be arranged that would not lead to a conflict of interest. The proceedings are documented in the meeting minutes.

Form 990, Part VI, Section B, Line 15

The board used comparative data to determine the school director's compensation and documented the deliberation and decision in the board meeting minutes, the process was last performed in 2022 for the school's director, jonas beugen.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Tesfa International School
EIN
47-1553568
Phone
7633389373
Address
6201 Noble Avenue North, Brooklyn Center, MN 55429

Signing Officer

Name
Jonas Beugen
Title
Executive Director
Phone
7633389373
Signed
2023-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonas Beugen
Formed
2014
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
4
Employees
47
Volunteers
10

Preparer

Firm
Robert Reese Procaccini CPA
Address
2489 Rice Street, Suite 202, Roseville, MN 55113
Preparer
Robert Procaccini
Phone
9529920995
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

The school follows a modified accrual method of accounting as prescribed by the minnesota department of education. The school-wide financial statements are reporting using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.

Form 990, Part XII, Line 2C

No change to the oversight or selection process during the past year

Financial Statement Notes

Schedule D, Part X, Line 2

The school is operating as a tax-exempt organization under section 501(c)(3) of the internal revenue code and comparable sections of the minnesota income tax statutes. 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.

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IRS990/Desc0TESFA INTERNATIONAL SCHOOL IS A FREE PUBLIC K-6 CHARTER SCHOOL THAT IS COMMITTED TO PROVIDING AN EQUITABLE AND EMPOWERING EDUCATION FOR ALL. OUR STUDENTS WILL BE PREPARED FOR A SUCCESSFUL TRANSITION TO THE MOST RIGOROUS AND CHALLENGING MIDDLE SCHOOL PROGRAMS. THROUGH THEIR EXPERIENCE AT TESFA, STUDENTS WILL BE HELD TO THE HIGHEST OF STANDARDS BOTH ACADEMICALLY AND SOCIALLY, TO PREPARE THEM FOR COLLEGE AND CAREERS, AS WELL AS WITH LEADERSHIP SKILLS REQUIRED OF ACTIVE AND PRODUCTIVE CITIZENS IN THE 21ST CENTURY. THROUGH ACCESS AND EQUITY, STUDENTS WILL FOLLOW A PATHWAY TO SUCCESS FOR THEM AND THEIR COMMUNITIES. TESFA IS AUTHORIZED BY THE VOLUNTEERS OF AMERICA-MINNESOTA AND COMMENCED ITS FIRST SCHOOL YEAR ON AUGUST 24TH, 2015.
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TESFA INTERNATIONAL SCHOOL IS COMMITTED TO PROVIDING AN EQUITABLE AND EMPOWERING EDUCATION FOR ALL. OUR SCHOLARS WILL ENGAGE IN A TRANSDISCIPLINARY CURRICULUM SUPPORTED BY CONCEPTUAL AND INQUIRY BASED LEARNING. SIDE-BY-SIDE WITH DEDICATED EDUCATORS, SCHOLARS WILL DEVELOP THE KNOWLEDGE, SKILLS, AND CHARACTERISTICS NECESSARY FOR ACTIVE CITIZENSHIP THROUGHOUT THE WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0-900371
IRS990/NetAssetsOrFundBalancesEOYAmt0-1348617
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0631316
IRS990/OccupancyGrp/TotalAmt0631316
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt059998
IRS990/OfficeExpensesGrp/ProgramServicesAmt040311
IRS990/OfficeExpensesGrp/TotalAmt0100309
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01096694
IRS990/OtherAssetsTotalGrp/EOYAmt0934470
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026536
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0211141
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0237677
IRS990/OtherExpensesGrp/Desc0Transportation
IRS990/OtherExpensesGrp/Desc1Food Service
IRS990/OtherExpensesGrp/Desc2Instructional Materials
IRS990/OtherExpensesGrp/Desc3Loss on Disposal of Capital Assets
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1602
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0560227
IRS990/OtherExpensesGrp/ProgramServicesAmt1147439
IRS990/OtherExpensesGrp/ProgramServicesAmt243914
IRS990/OtherExpensesGrp/ProgramServicesAmt32027
IRS990/OtherExpensesGrp/TotalAmt0560227
IRS990/OtherExpensesGrp/TotalAmt1148041
IRS990/OtherExpensesGrp/TotalAmt243914
IRS990/OtherExpensesGrp/TotalAmt32027
IRS990/OtherLiabilitiesGrp/BOYAmt02654012
IRS990/OtherLiabilitiesGrp/EOYAmt014841096
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056750
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01605600
IRS990/OtherSalariesAndWagesGrp/TotalAmt01662350
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020471
IRS990/PayrollTaxesGrp/ProgramServicesAmt0128676
IRS990/PayrollTaxesGrp/TotalAmt0149147
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-916239
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-1007936
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt022886
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0194360
IRS990/PensionPlanContributionsGrp/TotalAmt0217246
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0194619
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0393786
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03329
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028140
IRS990/PrincipalOfficerNm0Jonas Beugen
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03290842
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01404617
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0112796
IRS990/PYSalariesCompEmpBnftPaidAmt01773429
IRS990/PYTotalExpensesAmt03178046
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03290842
IRS990/ReconcilationRevenueExpnssAmt0-448246
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015868
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-340681
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt011054
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06746
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017800
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04847071
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0934470
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows - Pensions
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011946904
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0362345
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012309249
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012298639
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11618598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2923859
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Leases Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows - Pensions
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net Pension Liability
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04398825
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS OPERATING AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE SECTIONS OF THE MINNESOTA INCOME TAX STATUTES. 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011957958
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0934470
IRS990ScheduleD/TotalExpensesPerForm990Amt04847071
IRS990ScheduleD/TotalLiabilityAmt014841096
IRS990ScheduleD/TotalRevenuePerForm990Amt04398825
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04398825
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04847071
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 SCHOOL'S NONDISCRIMINATION POLICIES ARE AVAILABLE ON THE SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE AND FEDERAL FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS IN GOOD STANDING ARE ELIGIBLE TO VOTE FOR THE BOARD MEMBERS AT THE ANNUAL MEETING IN PERSON OR BY PROXY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND DISSEMINATED TO THE FULL BOARD AFTER IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DIRECTOR, PRINCIPAL, OFFICER, AND COMMITTEE MEMBER WITH GOVERNING BOARD DELEGATED POWERS IS REQUIRED TO COMPLETE AN ANNUAL STATEMENT THAT CONFIRMS THAT THE INDIVIDUAL HAS RECEIVED, UNDERSTOOD, AND AGREED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. THIS INCLUDES A DUTY TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS NO THE PROPOSED TRANSACTIONS AFTER DISCLOSURE ANDADMISSION OF ANY MATERIAL FACTS. THE CONFLICTED INDIVIDUAL IN REQUIRED TO LEAVE THE MEETING WHILE THE DETERMINATION OF A CONFLICT IS DISCUSSED AND VOTED UPON BY THE BOARD OR COMMITTEE INVOLVED. THE BOARD OR COMMITTEE CHAIR WILL CONDUCT DUE DILIGENCE TO DETERMINE IF A SIMILAR TRANSACTION CAN BE ARRANGED THAT WOULD NOT LEAD TO A CONFLICT OF INTEREST. THE PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD USED COMPARATIVE DATA TO DETERMINE THE SCHOOL DIRECTOR'S COMPENSATION AND DOCUMENTED THE DELIBERATION AND DECISION IN THE BOARD MEETING MINUTES, THE PROCESS WAS LAST PERFORMED IN 2022 FOR THE SCHOOL'S DIRECTOR, JONAS BEUGEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL MAKES ALL OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SCHOOL FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTING USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO CHANGE TO THE OVERSIGHT OR SELECTION PROCESS DURING THE PAST YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c

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