Civic Intelligence

Unknown Organization

990 • Fiscal year 2012 • EIN 51-0517488

Jul 01, 2011 to Jun 30, 2012 • Filed on Mar 25, 2013

Organization Profile
8600 Bloomington Avenue South55425
Siviq Scores

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

Liabilities / Assets

82nd percentile

0.62x

Higher debt load relative to assets than 82% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

80th percentile

16%

Faster asset growth than 80% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$722,657

Up $97,909 (+16%) from 2011

Net Assets

Up

$272,500

Up $88,253 (+48%) from 2011

Liabilities

Up

$450,157

Up $9,656 (+2.2%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,630,212

Up $290,602 (+22%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

2012

Assets$722,657
Liabilities$450,157
Net Assets$272,500
Open 2012 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

2012

Revenue-
Expenses$1,630,212
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Mar 25, 2013
Return Version
2011v1.5
Gross Receipts
$1,718,465
Filing and Contact Details

Filer

EIN
51-0517488
Raw XML AppendixShowing 400 of 424 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 STRONG CLASSICAL EDUCATION FOCUSED ON STUDENT ACHIEVEMENT AND CHARACTER DEVELOPMENT; THROUGH COURSES TAUGHT USING THE NATIONALLY ACCLAIMED CORE-KNOWLEDGE CURRICULUM, STUDENTS RECEIVE A TOP-QUALITY EDUCATION. THE LEARNING EXPERIENCE AT BEACON PREP IS FURTHER ENHANCED BY THE SCHOOL'S SMALL CLASS SIZES AND ONE-ON-ONE STUDENT/TEACHER INTERACTION. EXPLORE THE SCHOOL'S WEB SITE AND LEARN MORE ABOUT HOW BEACON PREP DELIVERS A TRULY EXCELLENT EDUCATION AS A PUBLIC, TUITION-FREE, CHARTER SCHOOL. BEACON PREP OFFERED SIXTH, SEVENTH, AND EIGHTH GRADE TO 150 STUDENTS IN THE BLOOMINGTON AREA AND BEYOND DURING THE 2011-2012 SCHOOL YEAR.BEACON PREP SCHOOL CREATES AND IMPLEMENTS A FOCUSED AND COMPREHENSIVE PLAN FOR INCREASING STUDENT PROFICIENCY, IMPROVING INDIVIDUAL GROWTH, AND CLOSING THE ACHIEVEMENT GAP THROUGH PURPOSEFUL PROFESSIONAL DEVELOPMENT, EVIDENCED-BASED BEST PRACTICES, AND A POSITIVE AND SUPPORTIVE LEARNING ENVIRONMENT. TO THAT END, WE ALIGN OUR STAFF DEVELOPMENT WITH OUR TEACHING STRATEGIES WHILE LEVERAGING COMMUNITY RESOURCES TO ENSURE COHESION AND CONTINUOUS IMPROVEMENT. WE WORK WITH A READING AND LITERACY EXPERT, BEHAVIORAL PSYCHOLOGIST, AND MULTICULTURAL COORDINATOR TO IMPROVE TEACHING METHODS, CLASSROOM MANAGEMENT, AND STUDENT ENGAGEMENT WITH AN AIM TO EMBED OUR PROFESSIONAL DEVELOPMENT AND BUILD AN INTERNAL CAPACITY TO SUSTAIN OUR EFFORTS. PROFESSIONAL DEVELOPMENT IS PRIORITIZED AND SUPPORTED BY COLLABORATIVE TEAMS THAT INCLUDE DATA-DRIVEN INSTRUCTION, INTERIM ASSESSMENT, Q COMP, AND CHILD STUDY; THESE TEAMS MEET SEMI-MONTHLY INDIVIDUALLY AND COOPERATIVELY FOR THE PURPOSE OF IDENTIFYING STRUGGLING STUDENTS, TARGETING SUPPORT, AND GAUGING PROGRESS. LASTLY, IN ADDITION TO USING DATA TO DRIVE CURRICULUM AND INSTRUCTION AND IMPLEMENTING EVIDENCE-BASED PRACTICES TO ACHIEVE STUDENT GROWTH, THE SCHOOL MAKES A CONCERTED AND INTENTIONAL EFFORT TO CULTIVATE A SAFE, POSITIVE AND ENCOURAGING LEARNING CULTURE IN PARTNERSHIP WITH PARENTS AND COMMUNITY MEMBERS.
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IRS990/Form990PartVIISectionA/NamePerson0MEGHAN BUTLER
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IRS990/Form990PartVIISectionA/NamePerson2KEITH HILSGEN
IRS990/Form990PartVIISectionA/NamePerson3LEAH LELLMAN
IRS990/Form990PartVIISectionA/NamePerson4KELLY GILILAND
IRS990/Form990PartVIISectionA/NamePerson5TANYA OTTEN
IRS990/Form990PartVIISectionA/NamePerson6JANEEN RAAEN
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IRS990/MissionDescription0BEACON PREPARATORY SCHOOL'S MISSION IS TO ENGAGE STUDENTS IN A RIGOROUS, CONTENT-RICH CURRICULUM WITH AN EMPHASIS ON CLASSICAL, LIBERAL ARTS EDUCATION, DESIGNED TO PREPARE EACH INDIVIDUAL STUDENT FOR LIFELONG LEARNING AND CITIZENSHIP.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0CAPITALIZED EXPENDITURES 20,306.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1DEPRECIATION EXPENSE 8,684.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0PART XIII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1PART XIII, LINE 4B - OTHER ADJUSTMENTS:
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE SCHOOL'S NONDISCRIMINATORY POLICY IS PUBLICIZED THROUGH BROADCAST MEDIA DURING THE ENROLLMENT PERIOD EACH YEAR.
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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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 FINANCE MANAGER, EXECUTIVE DIRECTOR, AND TREASURER 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, CARL SCHLUETER IN 2012.
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/Identifier0EXPLANATION OF ACCOUNTING METHOD
IRS990ScheduleO/GeneralExplanation/Identifier1EXPLANATION FOR REPORTABLE COMPENSATION OF BOARD MEMBERS
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART XII, LINE 1
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART VII, LINE 1A
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IRS990/School01
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
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IRS990/StatesWhereCopyOfReturnIsFiled0MN
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IRS990/TheBooksAreInCareOf/AddressUS/State0MN
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IRS990/TotalNbrVolunteers015
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IRS990/WebSite0WWW.BEACONPREPSCHOOL.COM
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ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0510517488
ReturnHeader/Filer/Name/BusinessNameLine10BEACON PREPARATORY SCHOOL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$722,657
Liabilities
$450,157
Net assets
$272,500
Revenue
-
Expenses
$1,630,212
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