Civic Intelligence

Venture Academies

990 • Fiscal year 2014 • EIN 61-1677994

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 21, 2015

315 27th Ave SE55414

(612) 345-9040

Siviq Scores

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

Liabilities / Assets

76th percentile

0.45x

Higher debt load relative to assets than 76% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

51st percentile

0.12x

Higher debt load relative to revenue than 51% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

66th percentile

9.5%

Higher net margin than 66% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

78th percentile

$123,405

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

$571,588

No earlier filing loaded for comparison.

Net Assets

$313,317

No earlier filing loaded for comparison.

Liabilities

$258,271

No earlier filing loaded for comparison.

Revenue

$2,220,314

No earlier filing loaded for comparison.

Expenses

$2,010,079

No earlier filing loaded for comparison.

Net Income

$210,235

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.

$10M$5.0M$0-$5.0MAssets 2014: $571,588Liabilities 2014: $258,271Net Assets 2014: $313,3172014Assets 2015: $602,287Liabilities 2015: $467,748Net Assets 2015: $134,5392015Assets 2016: $2,018,192Liabilities 2016: $1,799,929Net Assets 2016: $218,2632016Assets 2017: $5,766,307Liabilities 2017: $6,271,586Net Assets 2017: -$505,2792017Assets 2018: $6,338,081Liabilities 2018: $8,253,272Net Assets 2018: -$1,915,1912018Assets 2019: $6,368,397Liabilities 2019: $7,633,082Net Assets 2019: -$1,264,6852019Assets 2020: $5,151,599Liabilities 2020: $6,891,646Net Assets 2020: -$1,740,0472020Assets 2021: $5,038,494Liabilities 2021: $7,196,546Net Assets 2021: -$2,158,0522021Assets 2022: $5,505,503Liabilities 2022: $6,777,345Net Assets 2022: -$1,271,8422022Assets 2023: $5,538,906Liabilities 2023: $6,948,121Net Assets 2023: -$1,409,2152023Assets 2024: $4,715,829Liabilities 2024: $6,543,203Net Assets 2024: -$1,827,3742024Assets 2025: $3,287,643Liabilities 2025: $5,865,719Net Assets 2025: -$2,578,0762025

Highlighted filing

2014

Assets$571,588
Liabilities$258,271
Net Assets$313,317

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2014: $2,220,314Expenses 2014: $2,010,079Net Income 2014: $210,2352014Revenue 2015: $2,906,981Expenses 2015: $2,945,377Net Income 2015: -$38,3962015Revenue 2016: $3,735,333Expenses 2016: $3,651,609Net Income 2016: $83,7242016Revenue 2017: $5,195,734Expenses 2017: $5,919,276Net Income 2017: -$723,5422017Revenue 2018: $5,620,676Expenses 2018: $7,030,588Net Income 2018: -$1,409,9122018Revenue 2019: $6,065,450Expenses 2019: $5,414,944Net Income 2019: $650,5062019Revenue 2020: $6,867,615Expenses 2020: $7,313,734Net Income 2020: -$446,1192020Revenue 2021: $7,004,462Expenses 2021: $7,422,467Net Income 2021: -$418,0052021Revenue 2022: $8,701,021Expenses 2022: $7,814,811Net Income 2022: $886,2102022Revenue 2023: $8,687,127Expenses 2023: $8,824,500Net Income 2023: -$137,3732023Revenue 2024: $9,198,068Expenses 2024: $9,616,227Net Income 2024: -$418,1592024Revenue 2025: $8,630,484Expenses 2025: $9,228,291Net Income 2025: -$597,8072025

Highlighted filing

2014

Revenue$2,220,314
Expenses$2,010,079
Net Income$210,235
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 21, 2015
Return Version
2013v4.0
Gross Receipts
$2,220,314
Mission and Program Overview

Mission

Our missionventure academy graduates overcome whatever barriers they may face to become successful and happy adults in their chosen path. We are committed to removing obstacles, building strong relationships, and ensuring every student has the support they need to thrive during and beyond high school.our visionwe meet students where they are to provide a future-focused education that gives each student a personalized pathway toward success after graduation. Through individualized learning, strong community partnerships, and a commitment to safety and dignity, venture academy prepares students for college, career, and life.

Venture's mission is to ignite the passion of all young people to become innovators and entrepreneurial leaders who will change the world. Venture seeks to enable young people to achieve unprecedented learning growth, demonstrate character and leadership and learn to imagine opportunities, take initiative and create solutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$281,592-
Cap Stk Tr Prin Current Funds$103,082$247,995▲ $144,913
Prepaid Expenses and Deferred Charges$38,540$122,229▲ $83,689
Cash and Non-Interest-Bearing Accounts$504,034$102,445▼ $401,589
Land, Buildings, and Equipment, Net$0$65,322▲ $65,322
Pd in Cap Srpls Land Bldg Eqp Fund$0$65,322▲ $65,322
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$542,574$571,588▲ $29,014
Liabilities
Deferred Revenue$410,284--
Accounts Payable and Accrued Expenses$29,208$183,271▲ $154,063
Mortgage Notes Payable Secured by Investment Property-$75,000-
Total Liabilities$439,492$258,271▼ $181,221
Net Assets / Fund Balance
Total Net Assets Fund Balance$103,082$313,317▲ $210,235
Total Liabilities and Net Assets / Fund Balance$542,574$571,588▲ $29,014

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$65,322$7,642$72,964
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jon BacalChief Entrepreneurship OfficerFT$112,833$10,572$123,405
David EdwardsDirector-$27,704$3,718$31,422

Board Members and Trustees

NameTitle
Eric HerronChairperson
Brian JonesVice-chairperson
Betsy OhrnDirector
Douglas BowlesDirector
Jeff RobbinsDirector
Scott DavisDirector
Wendy Swanson-choiDirector
Lisa Graham KeagenSecretary
Brian PetersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,218,107
Program Service Revenue
$2,207
Investment Income
$0
Other Revenue
$0
All Other Contributions
$508,491
Change in Net Assets
$210,235

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,220,314
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,220,314
Total Revenue per Form 990
$2,220,314
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,041,760
Salaries, Compensation, and Employee Benefits$968,319
Total Fundraising Expense$3,200
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$426,053$136,858-$562,911
Occupancy$224,151--$224,151
Current Officers, Directors, Trustees, and Key Employees$72,025$122,504-$194,529
Fees for Services Other$96,337$42,830$3,200$142,367
Information Technology$32,084$50,234-$82,318
Payroll Taxes$43,954$26,976-$70,930
Other Expenses$70,778--$70,778
Other Employee Benefits$41,885$13,661-$55,546
Fees for Services Accounting-$45,919-$45,919
Comp Disqual Persons$45,024--$45,024
Pension Plan Contributions$30,790$8,589-$39,379
All Other Expenses$16,184$19,220-$35,404
Conferences and Meetings$30,319$572-$30,891
Advertising-$22,747-$22,747
Office Expenses-$19,367-$19,367
Insurance$7,996--$7,996
Depreciation Depletion$7,344$298-$7,642
Interest-$1,127-$1,127
Fees for Services Legal-$288-$288
Total Functional Expenses$1,495,689$511,190$3,200$2,010,079

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,010,079
Total Expenses per Audited Statements$2,010,079
Total Expenses per Form 990$2,010,079
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 1

The executive committee shall at times be subject to the direction and control of the board, and any actions taken by the executive committee shall be reported to the full board at the next board meeting. The four officers serve as the members of the executive committee. Except for the power to amend the articles of incorporation and bylaws, the executive committee shall have all the powers and authority of the board in the intervals between meetings of the board, and is subject to the direction and control of the full board.

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

Any staff members employed at the school, including teachers, and all parents and legal guardians of students enrolled at the school are eligible to vote for the board of directors.

Form 990, Part VI, Section B, Line 11

The school's finance committee reviews the form 990 in detail when the return is complete. All members of the board will receive a copy of the return prior to filing with the irs.

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

Each board member, principal officer and member of a committee with board delegated powers shall annually sign a conflict of interest statement. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the board and members of committees with board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. All deliberations and decisions involving conflicts of interest are documented in the meeting minutes.

Form 990, Part VI, Section B, Line 15

Market rate analysis of like sized charter schools is done to determine compensation for the ceo, officers, and other key employees. This process was last performed in 2014.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, policies, and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
61-1677994
Phone
6123459040

Signing Officer

Name
Jon Bacal
Title
Chief Entrepreneuship Officer
Phone
6123459040
Signed
2015-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Bacal
Formed
2012
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
9
Employees
19
Volunteers
30

Preparer

Preparer
Shelley Gaetz
Phone
3202510286
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IRS990/Desc0VENTURE ACADEMY OPENED ITS DOORS TO STUDENTS FOR ITS INAUGURAL SCHOOL YEAR. THE SCHOOL SERVED 114 STUDENTS IN GRADES 6 AND 7. THE SCHOOL EDUCATED STUDENTS WITH A COMBINED PURPOSE OF GROWING THE ENTREPRENEURIAL SPIRIT WHILE ASPIRING TO REACH INDIVIDUAL GOALS AND STATE EDUCATIONAL STANDARDS.
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IRS990/MissionDesc0VENTURE'S MISSION IS TO IGNITE THE PASSION OF ALL YOUNG PEOPLE TO BECOME INNOVATORS AND ENTREPRENEURIAL LEADERS WHO WILL CHANGE THE WORLD. VENTURE SEEKS TO ENABLE YOUNG PEOPLE TO ACHIEVE UNPRECEDENTED LEARNING GROWTH, DEMONSTRATE CHARACTER AND LEADERSHIP AND LEARN TO ENTREPRENEURIAL LEADERS WHO WILL CHANGE THE WORLD. VENTURE SEEKS TO ENABLE YOUNG PEOPLE TO ACHIEVE UNPRECEDENTED LEARNING GROWTH, DEMONSTRATE CHARACTER AND LEADERSHIP AND LEARN TO IMAGINE OPPORTUNITIES, TAKE INITIATIVE AND CREATE SOLUTIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt075000
IRS990/NetAssetsOrFundBalancesBOYAmt0103082
IRS990/NetAssetsOrFundBalancesEOYAmt0313317
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0224151
IRS990/OccupancyGrp/TotalAmt0224151
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019367
IRS990/OfficeExpensesGrp/TotalAmt019367
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013661
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt041885
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055546
IRS990/OtherExpensesGrp/Desc0TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1SMALL EQUIPMENT PURCHAS
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0155145
IRS990/OtherExpensesGrp/ProgramServicesAmt1108906
IRS990/OtherExpensesGrp/ProgramServicesAmt286714
IRS990/OtherExpensesGrp/ProgramServicesAmt370778
IRS990/OtherExpensesGrp/TotalAmt0155145
IRS990/OtherExpensesGrp/TotalAmt1108906
IRS990/OtherExpensesGrp/TotalAmt286714
IRS990/OtherExpensesGrp/TotalAmt370778
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0136858
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0426053
IRS990/OtherSalariesAndWagesGrp/TotalAmt0562911
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026976
IRS990/PayrollTaxesGrp/ProgramServicesAmt043954
IRS990/PayrollTaxesGrp/TotalAmt070930
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt065322
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08589
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt030790
IRS990/PensionPlanContributionsGrp/TotalAmt039379
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038540
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0122229
IRS990/PrincipalOfficerNm0JON BACAL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0722210
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SALES TO PUPILS
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02144
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02144
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0402326
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0133099
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0103082
IRS990/PYSalariesCompEmpBnftPaidAmt0166145
IRS990/PYTotalExpensesAmt0299244
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0402326
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0210235
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02207
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt065322
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07642
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt072964
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02010079
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02220314
IRS990ScheduleD/TotalBookValueLandBuildingsAmt065322
IRS990ScheduleD/TotalExpensesPerForm990Amt02010079
IRS990ScheduleD/TotalRevenuePerForm990Amt02220314
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02220314
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02010079
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICIES ARE MADE AVAILABLE UPON REQUEST AND DURING REGISTRATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1IN MINNESOTA, CHARTER SCHOOLS ARE CONSIDERED PUBLIC SCHOOLS AND, AS SUCH, RECEIVE GENERAL EDUCATION AND SPECIAL EDUCATION AIDS IN ACCORDANCE WITH MINNESOTA DEPARTMENT OF EDUCATION FUNDING FORMULAS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE SHALL AT TIMES BE SUBJECT TO THE DIRECTION AND CONTROL OF THE BOARD, AND ANY ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE FULL BOARD AT THE NEXT BOARD MEETING. THE FOUR OFFICERS SERVE AS THE MEMBERS OF THE EXECUTIVE COMMITTEE. EXCEPT FOR THE POWER TO AMEND THE ARTICLES OF INCORPORATION AND BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWERS AND AUTHORITY OF THE BOARD IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD, AND IS SUBJECT TO THE DIRECTION AND CONTROL OF THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY STAFF MEMBERS EMPLOYED AT THE SCHOOL, INCLUDING TEACHERS, AND ALL PARENTS AND LEGAL GUARDIANS OF STUDENTS ENROLLED AT THE SCHOOL ARE ELIGIBLE TO VOTE FOR THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL'S FINANCE COMMITTEE REVIEWS THE FORM 990 IN DETAIL WHEN THE RETURN IS COMPLETE. ALL MEMBERS OF THE BOARD WILL RECEIVE A COPY OF THE RETURN PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH BOARD MEMBER, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. ALL DELIBERATIONS AND DECISIONS INVOLVING CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MARKET RATE ANALYSIS OF LIKE SIZED CHARTER SCHOOLS IS DONE TO DETERMINE COMPENSATION FOR THE CEO, OFFICERS, AND OTHER KEY EMPLOYEES. THIS PROCESS WAS LAST PERFORMED IN 2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0542574
IRS990/TotalAssetsEOYAmt0571588
IRS990/TotalAssetsGrp/BOYAmt0542574
IRS990/TotalAssetsGrp/EOYAmt0571588
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02218107
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03200
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0511190
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01495689
IRS990/TotalFunctionalExpensesGrp/TotalAmt02010079
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0439492
IRS990/TotalLiabilitiesEOYAmt0258271
IRS990/TotalLiabilitiesGrp/BOYAmt0439492
IRS990/TotalLiabilitiesGrp/EOYAmt0258271
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0103082
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0313317
IRS990/TotalOtherCompensationAmt014290
IRS990/TotalProgramServiceExpensesAmt01495689
IRS990/TotalProgramServiceRevenueAmt02207
IRS990/TotalReportableCompFromOrgAmt0140537
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02207
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02220314
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0542574
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0571588

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.29$5.87$2.58$8.63$9.23$0.60
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.72$6.54$1.83$9.20$9.62$0.42
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.54$6.95$1.41$8.69$8.82$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.51$6.78$1.27$8.70$7.81$0.89
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.04$7.20$2.16$7.00$7.42$0.42
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.15$6.89$1.74$6.87$7.31$0.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.37$7.63$1.26$6.07$5.41$0.65
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.34$8.25$1.92$5.62$7.03$1.41
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.77$6.27$0.51$5.20$5.92$0.72
2016Detailed filing. Detailed filing data is available for this year.$2.02$1.80$0.22$3.74$3.65$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.47$0.13$2.91$2.95$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.26$0.31$2.22$2.01$0.21