Civic Intelligence

Tcaabc

990 • Fiscal year 2016 • EIN 47-2817284

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 11, 2017

Organization Profiletwincitiesacademy.org
690 Birmingham 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

94th percentile

1.07x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

185.67x

Higher debt load relative to revenue than 100% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

1st percentile

-1271%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

100th percentile

2668%

Faster asset growth than 100% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$18,838,829

Up $18,158,127 (+2668%) from 2015

Net Assets

Down

-$1,387,914

Down $1,384,332 (-38647%) from 2015

Liabilities

Up

$20,226,743

Up $19,542,459 (+2856%) from 2015

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$108,940

Up $108,940 from 2015

Expenses

Up

$1,493,272

Up $1,489,690 (+41588%) from 2015

Net Income

Down

-$1,384,332

Down $1,380,750 (-38547%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

2016

Assets$18,838,829
Liabilities$20,226,743
Net Assets-$1,387,914
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2016

Revenue$108,940
Expenses$1,493,272
Net Income-$1,384,332
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 11, 2017
Return Version
2015v3.0
Gross Receipts
$108,940
Mission and Program Overview

Mission

The entity is constructing facility space for the related organization Twin Cities Academy High School.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$630,702$12,712,053▲ $12,081,351
Savings and Temporary Cash Investments-$6,121,776-
Prepaid Expenses and Deferred Charges$50,000$5,000▼ $45,000
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Cap Stk Tr Prin Current Funds$-3,582$-1,387,914▼ $1,384,332
Total Assets$680,702$18,838,829▲ $18,158,127
Other Assets Total-$0-
Liabilities
Tax Exempt Bond Liabilities-$15,519,134-
Accounts Payable and Accrued Expenses$684,284$3,880,748▲ $3,196,464
Other Liabilities-$466,861-
Mortgage Notes Payable Secured by Investment Property-$360,000-
Total Liabilities$684,284$20,226,743▲ $19,542,459
Net Assets / Fund Balance
Total Net Assets Fund Balance$-3,582$-1,387,914▼ $1,384,332
Total Liabilities and Net Assets / Fund Balance$680,702$18,838,829▲ $18,158,127

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,587,053-$11,587,053
Land$1,125,000-$1,125,000
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Tom EcksteinPresident
Joel MichaelSecretary
Chuck LentzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
RJM ConstructionConstr Contractor701 Washington Ave N 600, Minneapolis, MN 55401$1,315,185
Kodat Architectural GroupArchitectural15 Goveland Terrace, Minneapolis, MN 55403$223,830
Revenue and Support

Revenue Composition

Contributions and Grants
$108,892
Program Service Revenue
$0
Investment Income
$48
Other Revenue
$0
All Other Contributions
$108,892
Change in Net Assets
$-1,384,332

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$108,892Estimated Cost
Total Noncash Contributions1$108,892-

Audited Revenue Reconciliation

Revenue per Audited Statements
$48
Revenue Not Reported on Financial Statements
$108,892
Revenue Not Reported on Form 990
$18,956,008
Other Revenue Adjustments
$108,892
Total Revenue per Audited Statements
$18,956,056
Total Revenue per Form 990
$108,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,493,272
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
Interest$749,585--$749,585
Fees for Services Other$431,525--$431,525
Other Expenses$108,892--$108,892
Fees for Services Legal$103,000--$103,000
Occupancy$80,229--$80,229
Fees for Services Accounting$18,050--$18,050
Insurance$1,991--$1,991
Total Functional Expenses$1,493,272$0$0$1,493,272

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,068,941
Expenses Not Reported on Form 990$15,091,158
Total Expenses per Form 990$1,493,272
Expenses per Audited Statements$977,783
Expenses Not Reported on Financial Statements$515,489
Other Expense Adjustments$515,489
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest Payable$406,170
Due to Twin Cities Academy$60,691

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of St Paul MN2015-07-30$15,518,707Build Schoolhouse

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$15,518,707--$310,700

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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 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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“The sole member of the Organization is Twin Cities Academy, FKA: Twin Cities Academy High School.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“The sole member has the power to remove or appoint directors of the Organization.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“The sole member may alter or repeal the Bylaws of the Organization.”

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“There are no committees with authority to act on behalf of the governing board.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The 990 tax return is completed by the school's accountant and was reviewed by the Board of Directors. The Board has granted authority to the President to review and sign the return prior to be submitted.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

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

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Organization's Governing Documents, Conflict of Interest Policy, and Financial Statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Tcaabc
EIN
47-2817284
Phone
6512054797
Address
690 Birmingham Street, St Paul, MN 55106

Signing Officer

Name
Tom Eckstein
Title
President
Signed
2017-04-11
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
3

Preparer

Firm
Beltz Kes Darling & Associates
Address
22488 Chippendale Ave W, Farmington, MN 55024
Preparer
Theresa Kingsbury
Phone
6514632233
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

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

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Bond Issuance Less Discount $15878707 Twin Cities Academy Revenues $3077301”

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Non-Cash Donations $108892”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Capital Outlay $12081351 Twin Cities Academy Expenses $3009807”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Change in Accrued Interest $406170 Amortization of Bond Discount $427 Non-Cash Donations $108892”

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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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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt015091158
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0515489
IRS990ScheduleD/ExpensesSubtotalAmt0977783
IRS990ScheduleD/LandGrp/BookValueAmt01125000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01125000
IRS990ScheduleD/OtherExpensesIncludedAmt015091158
IRS990ScheduleD/OtherExpensesNotIncludedAmt0515489
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011587053
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011587053
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0406170
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt160691
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Interest Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to Twin Cities Academy
IRS990ScheduleD/OtherRevenueAmt018956008
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0108892
IRS990ScheduleD/RevenueNotReportedAmt018956008
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0108892
IRS990ScheduleD/RevenueSubtotalAmt048
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Bond Issuance Less Discount $15878707 Twin Cities Academy Revenues $3077301
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Non-Cash Donations $108892
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Capital Outlay $12081351 Twin Cities Academy Expenses $3009807
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Change in Accrued Interest $406170 Amortization of Bond Discount $427 Non-Cash Donations $108892
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012712053
IRS990ScheduleD/TotalExpensesPerForm990Amt01493272
IRS990ScheduleD/TotalLiabilityAmt0466861
IRS990ScheduleD/TotalRevenuePerForm990Amt0108940
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018956056
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016068941
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IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-07-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0521440935
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0852297AY6
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt015518707
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0City of St Paul MN
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Build Schoolhouse
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt08939226
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0729795
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0978075
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0310700
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt015518707
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt04560911
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Materials
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Estimated Cost
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0108892
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The sole member of the Organization is Twin Cities Academy, FKA: Twin Cities Academy High School.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The sole member has the power to remove or appoint directors of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The sole member may alter or repeal the Bylaws of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There are no committees with authority to act on behalf of the governing board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The 990 tax return is completed by the school's accountant and was reviewed by the Board of Directors. The Board has granted authority to the President to review and sign the return prior to be submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Conflict of Interest forms are completed by each board member annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Organization's Governing Documents, Conflict of Interest Policy, and Financial Statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditor annually. This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2: Change of Oversight or Selection Process
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Twin Cities Academy
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0200257761
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 2

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,838,829
Liabilities
$20,226,743
Net assets
-$1,387,914
Revenue
$108,940
Expenses
$1,493,272
Net income
-$1,384,332
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.2$15.2$1.05$1.18$1.11$0.08
2024Detailed filing. Detailed filing data is available for this year.$14.4$15.5$1.13$1.19$1.12$0.07
2023Detailed filing. Detailed filing data is available for this year.$14.5$15.7$1.20$1.16$1.12$0.04
2022Detailed filing. Detailed filing data is available for this year.$14.7$15.9$1.24$1.12$1.12$0.01
2021Detailed filing. Detailed filing data is available for this year.$14.9$16.1$1.23$1.11$1.13$0.02
2020Detailed filing. Detailed filing data is available for this year.$15.1$16.3$1.21$1.13$1.13$0.00
2019Detailed filing. Detailed filing data is available for this year.$15.4$16.6$1.21$1.27$1.29$0.02
2018Detailed filing. Detailed filing data is available for this year.$15.5$16.7$1.20$1.10$1.15$0.05
2017Detailed filing. Detailed filing data is available for this year.$15.8$17.0$1.15$1.46$1.22$0.24
2016Detailed filing. Detailed filing data is available for this year.$18.8$20.2$1.39$0.11$1.49$1.38
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.68$0.00$0.00$0.00$0.00