Civic Intelligence

Davinci Academy Abc

EIN 47-4954005 • 501(c)3 • Ham Lake, MN

Profile

The mission of the DaVinci Academy ABC is to support DaVinci Academy of Arts and Science by providing rental facilities for the property that will be used by the school.

532 Bunker Lake Blvd NEHam Lake, MN 55304
Siviq Scores

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

Liabilities / Assets

95th percentile

1.09x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

12.80x

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

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

Net Margin

62nd percentile

10%

Higher net margin than 62% of similar nonprofits.

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

Top Officer Pay

28th percentile

$124,698

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

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

Asset Growth

28th percentile

-1.4%

Faster asset growth than 28% of similar nonprofits.

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

Revenue Growth

41st percentile

3.0%

Faster revenue growth than 41% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$22,382,457

Down $324,781 (-1.4%) from 2023

Liabilities

Down

$24,293,856

Down $1,017,222 (-4.0%) from 2023

Net Assets

Up

-$1,911,399

Up $692,441 (+27%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin62nd percentile

Revenue

Up

$1,898,475

Up $55,808 (+3.0%) from 2023

Expenses

Up

$1,703,253

Up $11,381 (+0.7%) from 2023

Net Income

Up

$195,222

Up $44,427 (+29%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$30M$20M$10M$0-$10MAssets 2017: $27,236,309Liabilities 2017: $29,414,370Net Assets 2017: -$2,178,0612017Assets 2018: $25,458,564Liabilities 2018: $27,642,682Net Assets 2018: -$2,184,1182018Assets 2019: $24,240,250Liabilities 2019: $26,685,082Net Assets 2019: -$2,444,8322019Assets 2020: $23,822,885Liabilities 2020: $26,521,870Net Assets 2020: -$2,698,9852020Assets 2021: $23,437,776Liabilities 2021: $26,244,994Net Assets 2021: -$2,807,2182021Assets 2022: $23,082,422Liabilities 2022: $25,837,057Net Assets 2022: -$2,754,6352022Assets 2023: $22,707,238Liabilities 2023: $25,311,078Net Assets 2023: -$2,603,8402023Assets 2024: $22,382,457Liabilities 2024: $24,293,856Net Assets 2024: -$1,911,3992024

Highlighted filing

2024

Assets$22,382,457
Liabilities$24,293,856
Net Assets-$1,911,399
Open 2024 Filing

Operations Trend

Revenue Growth41st percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2017: $8,561Expenses 2017: $1,243,253Net Income 2017: -$1,234,6922017Revenue 2018: $1,234,019Expenses 2018: $1,240,076Net Income 2018: -$6,0572018Revenue 2019: $1,467,073Expenses 2019: $1,727,787Net Income 2019: -$260,7142019Revenue 2020: $1,560,926Expenses 2020: $1,724,941Net Income 2020: -$164,0152020Revenue 2021: $1,643,410Expenses 2021: $1,751,643Net Income 2021: -$108,2332021Revenue 2022: $1,765,064Expenses 2022: $1,709,027Net Income 2022: $56,0372022Revenue 2023: $1,842,667Expenses 2023: $1,691,872Net Income 2023: $150,7952023Revenue 2024: $1,898,475Expenses 2024: $1,703,253Net Income 2024: $195,2222024

Highlighted filing

2024

Revenue$1,898,475
Expenses$1,703,253
Net Income$195,222
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$22,382,457
Liabilities
$24,293,856
Net assets
-$1,911,399
Revenue
$1,898,475
Expenses
$1,703,253
Net income
$195,222
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.4$24.3$1.91$1.90$1.70$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.7$25.3$2.60$1.84$1.69$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$25.8$2.75$1.77$1.71$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.4$26.2$2.81$1.64$1.75$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$26.5$2.70$1.56$1.72$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.2$26.7$2.44$1.47$1.73$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.5$27.6$2.18$1.23$1.24$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.2$29.4$2.18$0.01$1.24$1.23
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$1,643,410
Mission and Program Overview

Mission

The mission of the davinci academy abc is to support davinci academy of arts and science by providing rental facilities for the property that will be used by the school.

To support DaVinci Academy of Arts and Science by providing rental facitilies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,915,009$20,423,825▼ $491,184
Cap Stk Tr Prin Current Funds$2,907,876$3,013,951▲ $106,075
Savings and Temporary Cash Investments$2,904,422$3,010,497▲ $106,075
Accounts Receivable$3,454$3,454→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-5,606,861$-5,821,169▼ $214,308
Total Assets$23,822,885$23,437,776▼ $385,109
Liabilities
Tax Exempt Bond Liabilities$25,355,000$25,100,000▼ $255,000
Other Liabilities$625,183$623,369▼ $1,814
Mortgage Notes Payable Secured by Investment Property$541,687$521,625▼ $20,062
Total Liabilities$26,521,870$26,244,994▼ $276,876
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,698,985$-2,807,218▼ $108,233
Total Liabilities and Net Assets / Fund Balance$23,822,885$23,437,776▼ $385,109

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,135,326$1,093,743$18,229,069
Leasehold Improvements$2,152,253$379,809$2,532,062
Land$1,136,246-$1,136,246
Compensation and Service Providers
Top Officer Pay28th percentile

Board Members and Trustees

NameTitle
Dale LiebChair
Terry MoffattClerk
Ross MeisnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,643,253
Investment Income
$157
Other Revenue
$0
Change in Net Assets
$-108,233
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,751,643
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$1,222,433--$1,222,433
Depreciation Depletion$491,184--$491,184
Fees for Services Other$38,026--$38,026
Total Functional Expenses$1,751,643$0$0$1,751,643
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued interest$623,369

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Ham Lake2016-05-25$23,461,347-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$23,461,347--$455,369

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
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 6

“The sole member of the organization is DaVinci Academy of Arts and Science.”

Form 990, Part VI, Section A, line 7A

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

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

“The Form 990 is prepared by an independent accounting firm. Once the form is completed it is given to management and the board treasurer for review before it is signed and filed. All members are not provided a complete Form 990.”

Form 990, Part VI, Section C, line 19

“DaVinci Academy of Arts and Science and DaVinci Academy ABC make its governing documents, conflict of interest policy, and financial statements available to the public on their website and upon request.”

FORM 990, PART VI, Section A, Line 1B

“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.”

Filing and Contact Details

Filer

Filer Name
DaVinci Academy ABC
EIN
47-4954005
Phone
7637546577
Address
532 Bunker Lake Blvd NE, Ham Lake, MN 55304

Signing Officer

Name
Ahava Silkey-Jones
Title
Executive Director
Phone
7637546577
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ahava Silkey-Jones
Formed
2015
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The related School Board reviews and approves the audit and the selection of the independent auditor annually. This process has not changed from the prior year.”

Related Organization Compensation

“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 Building Company is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Accounting Standards Codification 740-10. 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 and the Building Company have analyzed tax positions taken for filing with the IRS and state jurisdiction where they operate, and believe that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operations, or cash flows. Accordingly, the Academy and the Building Company have not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at year-end.”

Raw XML AppendixShowing 400 of 414 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt03454
IRS990/AccountsReceivableGrp/EOYAmt03454
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To support DaVinci Academy of Arts and Science by providing rental facitilies.
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Debra Lach
IRS990/BooksInCareOfDetail/PhoneNum07637546577
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0532 Bunker Lake Blvd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Ham Lake
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055304
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt02907876
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt03013951
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0157
IRS990/CYOtherExpensesAmt01751643
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01643253
IRS990/CYRevenuesLessExpensesAmt0-108233
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01751643
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01643410
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0491184
IRS990/DepreciationDepletionGrp/TotalAmt0491184
IRS990/Desc0The corporation is organized and shall be operated exclusively in support of DaVinci Academy of Arts and Science, and in particular, to purchase, own and construct a public schoolhouse on real estate for lease to DaVinci Academy of Arts and Science.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt01751643
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt038026
IRS990/FeesForServicesOtherGrp/TotalAmt038026
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Terry Moffatt
IRS990/Form990PartVIISectionAGrp/PersonNm1Ross Meisner
IRS990/Form990PartVIISectionAGrp/PersonNm2Dale Lieb
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Clerk
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chair
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01643410
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ProgramServicesAmt01222433
IRS990/InterestGrp/TotalAmt01222433
IRS990/InvestmentIncomeGrp/ExclusionAmt0157
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0157
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01473552
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020915009
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020423825
IRS990/LandBldgEquipCostOrOtherBssAmt021897377
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of the DaVinci Academy ABC is to support DaVinci Academy of Arts and Science by providing rental facilities for the property that will be used by the school.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0541687
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0521625
IRS990/NetAssetsOrFundBalancesBOYAmt0-2698985
IRS990/NetAssetsOrFundBalancesEOYAmt0-2807218
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt0625183
IRS990/OtherLiabilitiesGrp/EOYAmt0623369
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-5606861
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-5821169
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Ahava Silkey-Jones
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Rent
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01643253
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01643253
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt025561
IRS990/PYOtherExpensesAmt01724941
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01535365
IRS990/PYRevenuesLessExpensesAmt0-164015
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01724941
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01560926
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-108233
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01643253
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02904422
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03010497
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0743234914
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0DaVinci Academy of Arts and Science
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt017135326
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01093743
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018229069
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01136246
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01136246
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02152253
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0379809
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02532062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0623369
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued interest
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Building Company is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Accounting Standards Codification 740-10. 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 and the Building Company have analyzed tax positions taken for filing with the IRS and state jurisdiction where they operate, and believe that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operations, or cash flows. Accordingly, the Academy and the Building Company have not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at year-end.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020423825
IRS990ScheduleD/TotalLiabilityAmt0623369
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-05-25
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0410973981
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum04066511AC
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt023461347
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0City of Ham Lake
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt020158501
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt01312534
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt01534943
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0455369
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt023461347
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The sole member of the organization is DaVinci Academy of Arts and Science.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The sole member has the power to remove or appoint directors of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is prepared by an independent accounting firm. Once the form is completed it is given to management and the board treasurer for review before it is signed and filed. All members are not provided a complete Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DaVinci Academy of Arts and Science and DaVinci Academy ABC make its governing documents, conflict of interest policy, and financial statements available to the public on their website and upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The related School Board reviews and approves the audit and the selection of the independent auditor annually. This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Several 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/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5RELATED ORGANIZATION COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, Section A, Line 1B
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DaVinci Academy of Arts and Science
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0743234914
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt013001 Central Avenue Northeast
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Blaine
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055434
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01643253
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Lease Agreement
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0DaVinci Academy of Arts & Science
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt025355000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt025100000
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt023822885
IRS990/TotalAssetsEOYAmt023437776
IRS990/TotalAssetsGrp/BOYAmt023822885
IRS990/TotalAssetsGrp/EOYAmt023437776
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01751643
IRS990/TotalFunctionalExpensesGrp/TotalAmt01751643
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026521870
IRS990/TotalLiabilitiesEOYAmt026244994
IRS990/TotalLiabilitiesGrp/BOYAmt026521870
IRS990/TotalLiabilitiesGrp/EOYAmt026244994
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2698985
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2807218
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01751643
IRS990/TotalProgramServiceRevenueAmt01643253
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0157
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01643253
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01643410
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023822885
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt023437776
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0532 Bunker Lake Blvd NE
IRS990/USAddress/CityNm0Ham Lake
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055304
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0https://davincicharterschool.org/our-school/davin
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Ahava Silkey-Jones
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07637546577
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DaVinci Academy ABC
ReturnHeader/Filer/BusinessNameControlTxt0DAVI
ReturnHeader/Filer/EIN0474954005
ReturnHeader/Filer/PhoneNum07637546577
ReturnHeader/Filer/USAddress/AddressLine1Txt0532 Bunker Lake Blvd NE
ReturnHeader/Filer/USAddress/CityNm0Ham Lake
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055304
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411690382
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Malloy Montague Karnowski Radosevich

Document Assets

No mirrored PDF or thumbnail assets are attached yet.