Civic Intelligence

Unknown Organization

990 • Fiscal year 2011 • EIN 51-0517488

Jul 01, 2010 to Jun 30, 2011 • Filed on Apr 20, 2012

Organization Profile
8600 Bloomington Avenue South55425
Siviq Scores

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

Liabilities / Assets

84th percentile

0.71x

Higher debt load relative to assets than 84% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

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

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets84th percentile

Assets

$624,748

No earlier filing loaded for comparison.

Net Assets

$184,247

No earlier filing loaded for comparison.

Liabilities

$440,501

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,339,610

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$800K$600K$400K$200K$0Assets 2011: $624,748Liabilities 2011: $440,501Net Assets 2011: $184,2472011Assets 2012: $722,657Liabilities 2012: $450,157Net Assets 2012: $272,5002012Assets 2013: $434,890Liabilities 2013: $130,931Net Assets 2013: $303,9592013

Highlighted filing

2011

Assets$624,748
Liabilities$440,501
Net Assets$184,247
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0Expenses 2011: $1,339,6102011Expenses 2012: $1,630,2122012Revenue 2013: $1,828,648Expenses 2013: $1,797,189Net Income 2013: $31,4592013

Highlighted filing

2011

Revenue-
Expenses$1,339,610
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Apr 20, 2012
Return Version
2010v3.4
Gross Receipts
$1,358,850
Filing and Contact Details

Filer

EIN
51-0517488
Raw XML AppendixShowing 400 of 415 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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IRS990/Description0BEACON PREPARATORY SCHOOL OFFERS A DIFFERENT KIND OF EDUCATION; THROUGH COURSES TAUGHT USING THE NATIONALLY ACCLAIMED CORE-KNOWLEDGE CURRICULUM, STUDENTS RECEIVE A TOP-QUALITY EDUCATION. THEIR EXPERIENCE IS FURTHER ENHANCED BY THE SCHOOL'S SMALL CLASS SIZES AND ONE-ON-ONE STUDENT/TEACHER INTERACTION. EXPLORE OUR WEB SITE AND LEARN MORE ABOUT HOW BEACON PREP DELIVERS A PRIVATE-SCHOOL FEEL IN A PUBLIC, TUITION-FREE, CHARTER SCHOOL. BEACON PREP OFFERED SIXTH, SEVENTH, AND EIGHTH GRADE TO 129 STUDENTS IN THE BLOOMINGTON AREA IN THE 2010-2011 SCHOOL YEAR.
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IRS990/Form990PartVIISectionA/NamePerson4LEAH LELLMAN
IRS990/Form990PartVIISectionA/NamePerson5JANEEN RAAEN
IRS990/Form990PartVIISectionA/NamePerson6RANDY SHEETS
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IRS990/Form990PartVIISectionA/Title8SCHOOL DIRECTOR
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IRS990/MissionDescription0TO CREATE A UNIQUE COMMUNITY BY ENGAGING STUDENTS IN A RIGOROUS CONTENT-RICH CURRICULUM WITH AN EMPHASIS ON CLASSICAL, LIBERAL ARTS EDUCATION. WE PROMOTE PILLARS OF CHARACTER DEVELOPMENT INCLUDING INTEGRITY, HONESTY, AND SELF-CONFIDENCE WHILE EMBRACING THE INDIVIDUAL NEEDS AND DEVELOPMENT OF OUR STUDENTS.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0DEPRECIATION EXPENSE 12,179. CAPITALIZED EXPENDITURES -2,763.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0PART XIII, LINE 4B - OTHER ADJUSTMENTS:
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE SCHOOL'S NONDISCRIMINATORY POLICY IS PUBLISHED DURING THE REGISTRATION PERIOD FOR THE COMING SCHOOL YEAR IN JANUARY AND AT THE LOTTERY REGISTRATION.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE
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IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1SCHEDULE E, PART I, LINE 6
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IRS990ScheduleO/GeneralExplanation/Explanation0EACH PARENT AND LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL AND EACH EMPLOYEE OF THE SCHOOL SHALL HAVE THE RIGHT TO EXERCISE ONE (1) VOTE FOR ITS BOARD CANDIDATES. A PARENT/LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL WHO IS ALSO EMPLOYED AT THE SCHOOL SHALL HAVE THE RIGHT TO EXERCISE ONE (1) VOTE.
IRS990ScheduleO/GeneralExplanation/Explanation1THE BOARD MAY CHANGE THE GOVERNANCE MODEL ONLY UPON: (I) A MAJORITY VOTE OF THE BOARD MEMBERSHIP AND MINNESOTA LICENSED TEACHERS EMPLOYED AT THE SCHOOL, WITH MINNESOTA LICENSED TEACHERS WHO ARE BOTH EMPLOYED AT THE SCHOOL AND A DIRECTOR HAVING ONE VOTE AND (II) APPROVAL OF THE SCHOOL'S AUTHORIZER.
IRS990ScheduleO/GeneralExplanation/Explanation2THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE SCHOOL'S CONTRACTED BUSINESS MANAGER PRIOR TO FILING WITH THE TO IRS.
IRS990ScheduleO/GeneralExplanation/Explanation3ANNUAL CONFLICT-OF-INTEREST QUESTIONNAIRES ARE SENT TO EACH BOARD MEMBER WHEREBY THEY MUST AFFIRMATIVELY IDENTIFY ANY POTENTIAL CONFLICTS OR DECLARE THAT NO RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICTS EXIST. DETERMINATIONS ARE MADE BY THE BOARD EXCLUDING ANY INDIVIDUALS WITH POTENTIAL CONFLICTS. IF A CONFLICT IS DETERMINED TO EXIST, THE CONFLICTED INDIVIDUAL DOES NOT VOTE ON THE TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE NOTED IN THE MEETING MINUTES.
IRS990ScheduleO/GeneralExplanation/Explanation4THE BOARD OF DIRECTORS AT BEACON PREPARATORY SCHOOL IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE DIRECTOR AND OTHER EMPLOYEES. A COMPREHENSIVE REVIEW OF THE COMPENSATION OF SUPER-INTENDENTS AND PRINCIPALS OF AREA CHARTER SCHOOLS WAS COMPLETED AND USED TO DEVELOP A GRID OF PROFESSIONAL COMPETENCE AND PAY BY RATING THE SCHOOL DIRECTOR IN SEVERAL AREAS IDENTIFIED AND COMPENSATION WAS DETERMINED FROM THIS SCALE. AN HR SUB-COMMITTEE REVIEWS THIS INFORMATION FOR THE EXECUTIVE DIRECTOR AND PRESENTS IT TO THE BOARD FOR ACTION, THE EXECUTIVE DIRECTOR REVIEWS THIS INFORMATION FOR THE OTHER EMPLOYEES AND PRESENTS IT TO THE BOARD FOR ACTION. THIS PROCESS WAS LAST PERFORMED FOR SCHOOL DIRECTOR, MARGARET O'BRIEN IN 2009.
IRS990ScheduleO/GeneralExplanation/Explanation5THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE SCHOOL'S WEBSITE.
IRS990ScheduleO/GeneralExplanation/Explanation6THE SCHOOL FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTED 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/GeneralExplanation/Explanation7THE SCHOOL CONTRACTS WITH SEVEN HILLS CLASSICAL ACADEMY FOR SHARED EMPLOYEES AND SERVICES. FORM W-2'S FOR EMPLOYEES ARE ISSUED FROM SEVEN HILLS CLASSICAL ACADEMY, HOWEVER COMPENSATION IS REPORTED AS BEING PAID BY BEACON PREPARATORY SCHOOL IN THE FORM 990 BASED ON THE COMMON PAYMASTER RELATIONSHIP AND THE ALLOCATION OF TIME EACH SHARED EMPLOYEE SPENDS AT EACH SCHOOL. BEACON PREPARATORY SCHOOL WAS BILLED FOR THE AMOUNTS REPORTED IN FORM 990, PART VII AND FORM 990, PART IX FOR THOSE EMPLOYEES THAT WERE PART OF THE SHARED EMPLOYEE RELATIONSHIP.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/Identifier2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier3EXPLANATION OF ACCOUNTING METHOD
IRS990ScheduleO/GeneralExplanation/Identifier4EXPLANATION FOR REPORTABLE COMPENSATION OF BOARD MEMBERS
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XII, LINE 1
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VII, LINE 1A
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IRS990/TotalProgramServiceExpense01162532
IRS990/TotalProgramServiceRevenue011803
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg097638
IRS990/TotalRevenueCurrentYear01358850
IRS990/TotalRevenue/ExclusionAmount0835
IRS990/TotalRevenuePriorYear0812076
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome011803
IRS990/TotalRevenue/TotalRevenueColumn01358850
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/Travel/ProgramServices0360
IRS990/Travel/Total0360
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UponRequest0X
IRS990/WebSite0WWW.BEACONPREPSCHOOL.ORG
IRS990/WhistleblowerPolicy01
IRS990/YearFormation02004
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0510517488
ReturnHeader/Filer/Name/BusinessNameLine10BEACON PREPARATORY SCHOOL
ReturnHeader/Filer/NameControl0BEAC
ReturnHeader/Filer/Phone09524266000
ReturnHeader/Filer/USAddress/AddressLine108600 BLOOMINGTON AVENUE SOUTH
ReturnHeader/Filer/USAddress/City0MINNEAPOLIS
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055425
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02012-04-20

Document Assets

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Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$624,748
Liabilities
$440,501
Net assets
$184,247
Revenue
-
Expenses
$1,339,610
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.13$0.30$1.83$1.80$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.45$0.27$1.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.44$0.18$1.34