Civic Intelligence

Tcaabc

990 • Fiscal year 2015 • EIN 47-2817284

Jul 01, 2014 to Jun 30, 2015 • Filed on May 09, 2016

835 East Fifth StreetSt Paul, MN 55106

(651) 205-4797

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.01x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$680,702

No earlier filing loaded for comparison.

Net Assets

-$3,582

No earlier filing loaded for comparison.

Liabilities

$684,284

No earlier filing loaded for comparison.

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$3,582

No earlier filing loaded for comparison.

Net Income

-$3,582

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2015: $680,702Liabilities 2015: $684,284Net Assets 2015: -$3,5822015Assets 2016: $18,838,829Liabilities 2016: $20,226,743Net Assets 2016: -$1,387,9142016Assets 2017: $15,808,051Liabilities 2017: $16,953,801Net Assets 2017: -$1,145,7502017Assets 2018: $15,535,957Liabilities 2018: $16,732,333Net Assets 2018: -$1,196,3762018Assets 2019: $15,367,827Liabilities 2019: $16,580,895Net Assets 2019: -$1,213,0682019Assets 2020: $15,123,938Liabilities 2020: $16,336,384Net Assets 2020: -$1,212,4462020Assets 2021: $14,911,046Liabilities 2021: $16,141,597Net Assets 2021: -$1,230,5512021Assets 2022: $14,681,237Liabilities 2022: $15,918,116Net Assets 2022: -$1,236,8792022Assets 2023: $14,547,935Liabilities 2023: $15,745,862Net Assets 2023: -$1,197,9272023Assets 2024: $14,357,202Liabilities 2024: $15,482,453Net Assets 2024: -$1,125,2512024Assets 2025: $14,193,867Liabilities 2025: $15,243,929Net Assets 2025: -$1,050,0622025

Highlighted filing

2015

Assets$680,702
Liabilities$684,284
Net Assets-$3,582

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2015: $0Expenses 2015: $3,582Net Income 2015: -$3,5822015Revenue 2016: $108,940Expenses 2016: $1,493,272Net Income 2016: -$1,384,3322016Revenue 2017: $1,463,668Expenses 2017: $1,221,504Net Income 2017: $242,1642017Revenue 2018: $1,099,576Expenses 2018: $1,150,202Net Income 2018: -$50,6262018Revenue 2019: $1,270,427Expenses 2019: $1,287,119Net Income 2019: -$16,6922019Revenue 2020: $1,128,171Expenses 2020: $1,127,549Net Income 2020: $6222020Revenue 2021: $1,113,922Expenses 2021: $1,132,027Net Income 2021: -$18,1052021Revenue 2022: $1,115,024Expenses 2022: $1,121,352Net Income 2022: -$6,3282022Revenue 2023: $1,156,032Expenses 2023: $1,117,080Net Income 2023: $38,9522023Revenue 2024: $1,191,623Expenses 2024: $1,118,947Net Income 2024: $72,6762024Revenue 2025: $1,183,736Expenses 2025: $1,108,547Net Income 2025: $75,1892025

Highlighted filing

2015

Revenue$0
Expenses$3,582
Net Income-$3,582
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 9, 2016
Return Version
2014v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

To provide an educational facility for a charter school to rent or lease.

To provide an educational facility for a tax exempt charter school to rent or lease for educational purposes

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges-$50,000-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$-3,582▼ $3,582
Total Assets$0$680,702▲ $680,702
Other Assets Total$0$630,702▲ $630,702
Liabilities
Accounts Payable and Accrued Expenses-$684,284-
Total Liabilities$0$684,284▲ $684,284
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$-3,582▼ $3,582
Total Liabilities and Net Assets / Fund Balance$0$680,702▲ $680,702

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$630,702--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom EcksteinPresident
Joel MichaelSecretary
Chuck LentzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Kodet Architectural Group LtdArchitect services15 Groveland Terrace, Minneapolis, MN 55403$512,718
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-3,582
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,582
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$3,582-$3,582
Total Functional Expenses$0$3,582$0$3,582
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The 990 tax return is completed by an independent auditor and is reviewed by the Board of Directors after being completed. The Board has granted authority to the Board Chair to review and sign the return prior to being submitted. The entire Board does not review the 990 prior to submission.

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

Conflict of Interest forms are completed by each board member annually.

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policies, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Tcaabc
EIN
47-2817284
Phone
6512054797
Address
835 East Fifth Street, St Paul, MN 55106

Signing Officer

Name
Beltz Kes Darling Associates
Title
President
Phone
6512054797
Signed
2016-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Eckstein
Formed
2015
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Malloy Montague Karnowski Radosevich
Address
5353 Wayzata Blvd Ste 410, Minneapolis, MN 55416
Preparer
Thomas A Karnowski
Phone
9525450424
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed from the prior year.

Related Organization Compensation

Explanation: Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.

Financial Statement Notes

Part X, Line 2:

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.

Raw XML Appendix327 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The 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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 tax return is completed by an independent auditor and is reviewed by the Board of Directors after being completed. The Board has granted authority to the Board Chair to review and sign the return prior to being submitted. The entire Board does not review the 990 prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflict of Interest forms are completed by each board member annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, conflict of interest policies, and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Explanation: Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2c:
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3582
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03582
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0680702
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0835 East Fifth Street
IRS990/USAddress/CityNm0St Paul
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055106
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.tca.k12.mn.us
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Beltz Kes Darling Associates
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06512054797
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TCAABC
ReturnHeader/Filer/BusinessNameControlTxt0TCAA
ReturnHeader/Filer/EIN0472817284
ReturnHeader/Filer/PhoneNum06512054797
ReturnHeader/Filer/USAddress/AddressLine1Txt0835 East Fifth Street
ReturnHeader/Filer/USAddress/CityNm0St Paul
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055106
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411690382
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Malloy Montague Karnowski Radosevich
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05353 Wayzata Blvd Ste 410
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055416
ReturnHeader/PreparerPersonGrp/PhoneNum09525450424
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas A Karnowski
ReturnHeader/ReturnTs02016-05-11T13:25:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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