Civic Intelligence

Hennepin Schools

990 • Fiscal year 2019 • EIN 80-0514400

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 16, 2019

Organization Profilewww.hennepinelementaryschool.org
2123 Clinton Ave SMinneapolis, MN 55404

(612) 237-3430

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.00x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.95x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

60th percentile

6.3%

Higher net margin than 60% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

65th percentile

$158,630

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

44th percentile

1.6%

Faster asset growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

81st percentile

25%

Faster revenue growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$7,330,306

Up $117,755 (+1.6%) from 2018

Net Assets

Up

-$35,657

Up $489,963 (+93%) from 2018

Liabilities

Down

$7,365,963

Down $372,208 (-4.8%) from 2018

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin60th percentile

Revenue

Up

$7,757,119

Up $1,575,954 (+25%) from 2018

Expenses

Up

$7,267,156

Up $453,318 (+6.7%) from 2018

Net Income

Up

$489,963

Up $1,122,636 (+177%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$30M$20M$10M$0-$10MAssets 2012: $254,809Liabilities 2012: $240,256Net Assets 2012: $14,5532012Assets 2013: $516,125Liabilities 2013: $332,188Net Assets 2013: $183,9372013Assets 2014: $636,521Liabilities 2014: $307,948Net Assets 2014: $328,5732014Assets 2015: $1,376,457Liabilities 2015: $1,583,849Net Assets 2015: -$207,3922015Assets 2016: $2,483,436Liabilities 2016: $2,041,494Net Assets 2016: $441,9422016Assets 2017: $7,228,686Liabilities 2017: $7,121,633Net Assets 2017: $107,0532017Assets 2018: $7,212,551Liabilities 2018: $7,738,171Net Assets 2018: -$525,6202018Assets 2019: $7,330,306Liabilities 2019: $7,365,963Net Assets 2019: -$35,6572019Assets 2020: $6,409,585Liabilities 2020: $7,281,817Net Assets 2020: -$872,2322020Assets 2021: $6,236,590Liabilities 2021: $7,683,224Net Assets 2021: -$1,446,6342021Assets 2022: $5,894,273Liabilities 2022: $6,311,901Net Assets 2022: -$417,6282022Assets 2024: $22,189,417Liabilities 2024: $24,054,501Net Assets 2024: -$1,865,0842024

Highlighted filing

2019

Assets$7,330,306
Liabilities$7,365,963
Net Assets-$35,657
Open 2019 Filing

Operations Trend

Revenue Growth81st percentile

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

$10M$5.0M$0-$5.0MRevenue 2012: $220,269Expenses 2012: $205,716Net Income 2012: $14,5532012Revenue 2013: $2,103,107Expenses 2013: $1,933,723Net Income 2013: $169,3842013Revenue 2014: $2,883,608Expenses 2014: $2,738,972Net Income 2014: $144,6362014Revenue 2015: $3,931,958Expenses 2015: $3,619,908Net Income 2015: $312,0502015Revenue 2016: $4,914,105Expenses 2016: $4,264,771Net Income 2016: $649,3342016Revenue 2017: $5,564,437Expenses 2017: $5,899,326Net Income 2017: -$334,8892017Revenue 2018: $6,181,165Expenses 2018: $6,813,838Net Income 2018: -$632,6732018Revenue 2019: $7,757,119Expenses 2019: $7,267,156Net Income 2019: $489,9632019Revenue 2020: $7,588,845Expenses 2020: $8,425,420Net Income 2020: -$836,5752020Revenue 2021: $7,412,922Expenses 2021: $7,987,324Net Income 2021: -$574,4022021Revenue 2022: $8,406,988Expenses 2022: $7,391,031Net Income 2022: $1,015,9572022Revenue 2024: $9,250,746Expenses 2024: $9,962,850Net Income 2024: -$712,1042024

Highlighted filing

2019

Revenue$7,757,119
Expenses$7,267,156
Net Income$489,963
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 16, 2019
Return Version
2018v3.1
Gross Receipts
$7,757,119
Mission and Program Overview

Mission

Hennepin Elementary School's primary mission is to provide all of its students with the knowledge, skills, and character to graduate from high school, and the confidence to continue on and successfully complete their post-secondary education. Hennepin Schools prepares its graduates to live thoughtful and purposeful lives equipped with the tools to engage successfully in their own "pursuit of happiness," thereby contributing greatly to the good of their communities and their families. All students learn the academic and personal skills they need to succeed in higher education, compete in a global economy, and pursue their dreams.

Hennepin Elementary School's primary mission is to provide all of its students with the knowledge, skills, and character to graduate from high school, and the confidence to continue on and successfully complete their post-secondary education. The school prepares its graduates to live thoughtful and purposeful lives equipped with the tools to engage successfully in their own "pursuit of happiness," thereby contributing greatly to the good of their communities and their families. All students learn the academic and personal skills they need to succeed in higher education, compete in a global economy, and pursue their dreams.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,053,444$1,975,318▼ $78,126
Pledges and Grants Receivable$746,819$785,858▲ $39,039
Land, Buildings, and Equipment, Net$124,838$132,809▲ $7,971
Prepaid Expenses and Deferred Charges$166,663$123,546▼ $43,117
Accounts Receivable$4,534$32,408▲ $27,874
Total Assets$7,212,551$7,330,306▲ $117,755
Other Assets Total$4,116,253$4,280,367▲ $164,114
Liabilities
Other Liabilities$7,247,618$6,827,343▼ $420,275
Accounts Payable and Accrued Expenses$490,553$538,620▲ $48,067
Total Liabilities$7,738,171$7,365,963▼ $372,208
Net Assets / Fund Balance
Unrestricted Net Assets$-525,620$-35,657▲ $489,963
Total Net Assets Fund Balance$-525,620$-35,657▲ $489,963
Total Liabilities and Net Assets / Fund Balance$7,212,551$7,330,306▲ $117,755

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$132,809$160,502$293,311
Other Assets Org$4,280,367--
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie HendersonExecutive DirectorFT$137,532$21,098$158,630
Linda Bladine-HagesethSecretary and TeacherFT$64,975$10,903$75,878
Jon GustafsonMember and TeacherFT$13,548-$13,548

Board Members and Trustees

NameTitle
Charlayne MeyersPresident
Miguel MendezVice-President
Deqa AdanMember
Jeffrey RaineyMember
Yusef MohamedTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Billie Bus TransportationStudent Transportation2500 New Brighton Blvd Ste 218, St Anthony, MN 55418$696,154
St Stephen's Catholic ChurchBuilding Lease & Utilities2211 Clinton Ave S, Minneapolis, MN 55404$581,269
Done Right FoodsStudent Food ServicePo Box 21153, Columbia Heights, MN 55421$329,203
Shunaki TechnologiesInformation Technology101 East 10th St Ste 300, Hastings, MN 55033$299,329
Lake Nokomis LutheranBuilding Lease & Utilities5011 31st Ave S, Minneapolis, MN 55417$215,993
Revenue and Support

Revenue Composition

Contributions and Grants
$7,152,770
Program Service Revenue
$4,225
Investment Income
$15,358
Other Revenue
$584,766
All Other Contributions
$304,791
Change in Net Assets
$489,963

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,877,217
Revenue Not Reported on Financial Statements
$1,879,902
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,879,902
Total Revenue per Audited Statements
$5,877,217
Total Revenue per Form 990
$7,757,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,902,246
Other Expenses$3,364,910
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,499,424$458,491-$2,957,915
Travel$804,373--$804,373
Occupancy$650,995$2,686-$653,681
Fees for Services Other$488,241$101,113-$589,354
Office Expenses$381,893$60,655-$442,548
Information Technology$162,988$157,455-$320,443
Pension Plan Contributions$232,486$28,061-$260,547
Payroll Taxes$240,854$13,528-$254,382
Current Officers, Directors, Trustees, and Key Employees$87,789$163,037-$250,826
Other Employee Benefits$165,902$12,674-$178,576
Fees for Services Accounting-$61,620-$61,620
Conferences and Meetings$30,390$1,224-$31,614
Insurance$16,242--$16,242
Depreciation Depletion$14,416--$14,416
Other Expenses$50$25,643-$50
Total Functional Expenses$6,180,969$1,086,187$0$7,267,156

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,267,156
Total Expenses per Form 990$7,267,156
Total Expenses per Audited Statements$5,387,254
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-1,879,902
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
Deferred Inflows of Resources- Pension Resources$4,105,262
Net Pension Liability$2,722,081
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 B, line 11B

“The Charter School reviews and signs the 990 before it is submitted.”

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

“The policy is reviewed twice per year during the board meeting. The finance manager brings a list of current vendors and the board reviews and discloses potential conflicts of interest, if any, at that time for record in the minutes. They would recluse themselves from any voting of business for those vendors.”

Form 990, Part VI, Section B, line 15

“The board has traditionally been very conservative on assigning management salary, but this year it is looking at salary averages of various comparable schools to make a more informed decision.”

Form 990, Part VI, Section C, line 19

“The Charter School makes its governing documents, policies, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Hennepin Elementary School
EIN
80-0514400
Phone
6122373430
Address
2123 Clinton Ave S, Minneapolis, MN 55404
Doing Business As
Hennepin Schools

Signing Officer

Name
Julie Henderson
Title
Executive Director
Phone
6132373430
Signed
2019-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Henderson
Formed
2011
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
5
Employees
104
Volunteers
17

Preparer

Firm
Abdo Eick & Meyers LLP
Address
5201 Eden Avenue Suite 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part I, Item C

“DBA: Hennepin Middle School”

Form 990, Part X, Line 25:

“Pension liabilities, net of pension deferred outflows & inflows: As a charter school in the state of Minnesota, participation in two multiple-employer, cost-sharing defined benefit pension plans is statutorily required. The school's contributions to the plans are also regulated by statute and are based on a percentage of salaries and wages earned by current employees. Therefore, while the net pension liability is reported on the school's statement of net position, the school is not in a position to directly control the liability or the subsequent liquidation of the liability.”

Form 990, Part XII, Line 2C:

“The Organization's Board of Directors assumes the responsibility for oversight of the audit.”

Financial Statement Notes

Part X, Line 2:

“The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2019, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.”

Part XI, Line 4B - Other Adjustments:

“Negative pension expense reclassified as revenue 1,879,902.”

Part XII, Line 2D - Other Adjustments:

“Negative pension expense reclassified as revenue -1,879,902.”

Raw XML AppendixShowing 400 of 513 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/AccountsPayableAccrExpnssGrp/BOYAmt0490553
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0538620
IRS990/AccountsReceivableGrp/BOYAmt04534
IRS990/AccountsReceivableGrp/EOYAmt032408
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Hennepin Elementary School's primary mission is to provide all of its students with the knowledge, skills, and character to graduate from high school, and the confidence to continue on and successfully complete their post-secondary education. The school prepares its graduates to live thoughtful and purposeful lives equipped with the tools to engage successfully in their own "pursuit of happiness," thereby contributing greatly to the good of their communities and their families. All students learn the academic and personal skills they need to succeed in higher education, compete in a global economy, and pursue their dreams.
IRS990/AllOtherContributionsAmt0304791
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Hennepin Elementary School
IRS990/BooksInCareOfDetail/PhoneNum06122373430
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02123 Clinton Ave S
IRS990/BooksInCareOfDetail/USAddress/CityNm0Minneapolis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055404
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02053444
IRS990/CashNonInterestBearingGrp/EOYAmt01975318
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt06
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0163037
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt087789
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0250826
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01224
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt030390
IRS990/ConferencesMeetingsGrp/TotalAmt031614
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0696154
IRS990/ContractorCompensationGrp/CompensationAmt1581269
IRS990/ContractorCompensationGrp/CompensationAmt2329203
IRS990/ContractorCompensationGrp/CompensationAmt3299329
IRS990/ContractorCompensationGrp/CompensationAmt4215993
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02500 New Brighton Blvd Ste 218
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt12211 Clinton Ave S
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2Po Box 21153
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3101 East 10th St Ste 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt45011 31st Ave S
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0St Anthony
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Minneapolis
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Columbia Heights
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Hastings
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4Minneapolis
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055418
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd155404
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd255421
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd355033
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd455417
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Billie Bus Transportation
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1St Stephen's Catholic Church
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Done Right Foods
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3Shunaki Technologies
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4Lake Nokomis Lutheran
IRS990/ContractorCompensationGrp/ServicesDesc0Student Transportation
IRS990/ContractorCompensationGrp/ServicesDesc1Building Lease & Utilities
IRS990/ContractorCompensationGrp/ServicesDesc2Student Food Service
IRS990/ContractorCompensationGrp/ServicesDesc3Information Technology
IRS990/ContractorCompensationGrp/ServicesDesc4Building Lease & Utilities
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07152770
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt015358
IRS990/CYOtherExpensesAmt03364910
IRS990/CYOtherRevenueAmt0584766
IRS990/CYProgramServiceRevenueAmt04225
IRS990/CYRevenuesLessExpensesAmt0489963
IRS990/CYSalariesCompEmpBnftPaidAmt03902246
IRS990/CYTotalExpensesAmt07267156
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07757119
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt014416
IRS990/DepreciationDepletionGrp/TotalAmt014416
IRS990/Desc0Hennepin Elementary School completed its seventh year serving students on June 30, 2019. Hennepin Elementary School served 385 students in grades K-7. The school serves a wide range of diverse families from middle class to low socio-economic status. We are 95% free and reduced price lunch and 62% English language learners. The racial/ethnic demographics are as follows: 91% percent Black, 8% percent Latino, and 1% White, as per the MDE website.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0Hennepin Schools
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0104
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt06180969
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt061620
IRS990/FeesForServicesAccountingGrp/TotalAmt061620
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0101113
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0488241
IRS990/FeesForServicesOtherGrp/TotalAmt0589354
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310903
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt721098
IRS990/Form990PartVIISectionAGrp/PersonNm0Charlayne Meyers
IRS990/Form990PartVIISectionAGrp/PersonNm1Miguel Mendez
IRS990/Form990PartVIISectionAGrp/PersonNm2Yusef Mohamed
IRS990/Form990PartVIISectionAGrp/PersonNm3Linda Bladine-Hageseth
IRS990/Form990PartVIISectionAGrp/PersonNm4Deqa Adan
IRS990/Form990PartVIISectionAGrp/PersonNm5Jeffrey Rainey
IRS990/Form990PartVIISectionAGrp/PersonNm6Jon Gustafson
IRS990/Form990PartVIISectionAGrp/PersonNm7Julie Henderson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt364975
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt613548
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7137532
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary and Teacher
IRS990/Form990PartVIISectionAGrp/TitleTxt4Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member and Teacher
IRS990/Form990PartVIISectionAGrp/TitleTxt7Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt06847979
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07757119
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0157455
IRS990/InformationTechnologyGrp/ProgramServicesAmt0162988
IRS990/InformationTechnologyGrp/TotalAmt0320443
IRS990/InsuranceGrp/ProgramServicesAmt016242
IRS990/InsuranceGrp/TotalAmt016242
IRS990/InvestmentIncomeGrp/ExclusionAmt015358
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015358
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0160502
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0124838
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0132809
IRS990/LandBldgEquipCostOrOtherBssAmt0293311
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Hennepin Elementary School's primary mission is to provide all of its students with the knowledge, skills, and character to graduate from high school, and the confidence to continue on and successfully complete their post-secondary education. Hennepin Schools prepares its graduates to live thoughtful and purposeful lives equipped with the tools to engage successfully in their own "pursuit of happiness," thereby contributing greatly to the good of their communities and their families. All students learn the academic and personal skills they need to succeed in higher education, compete in a global economy, and pursue their dreams.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-525620
IRS990/NetAssetsOrFundBalancesEOYAmt0-35657
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02686
IRS990/OccupancyGrp/ProgramServicesAmt0650995
IRS990/OccupancyGrp/TotalAmt0653681
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt060655
IRS990/OfficeExpensesGrp/ProgramServicesAmt0381893
IRS990/OfficeExpensesGrp/TotalAmt0442548
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04116253
IRS990/OtherAssetsTotalGrp/EOYAmt04280367
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012674
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0165902
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0178576
IRS990/OtherExpensesGrp/Desc0Food Service
IRS990/OtherExpensesGrp/Desc1Equipment
IRS990/OtherExpensesGrp/Desc2Dues and Memberships
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025643
IRS990/OtherExpensesGrp/ProgramServicesAmt0328678
IRS990/OtherExpensesGrp/ProgramServicesAmt174642
IRS990/OtherExpensesGrp/ProgramServicesAmt21606
IRS990/OtherExpensesGrp/ProgramServicesAmt350
IRS990/OtherExpensesGrp/TotalAmt0328678
IRS990/OtherExpensesGrp/TotalAmt174642
IRS990/OtherExpensesGrp/TotalAmt227249
IRS990/OtherExpensesGrp/TotalAmt350
IRS990/OtherLiabilitiesGrp/BOYAmt07247618
IRS990/OtherLiabilitiesGrp/EOYAmt06827343
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Pension
IRS990/OtherRevenueMiscGrp/ExclusionAmt0584766
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0584766
IRS990/OtherRevenueTotalAmt0584766
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0458491
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02499424
IRS990/OtherSalariesAndWagesGrp/TotalAmt02957915
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013528
IRS990/PayrollTaxesGrp/ProgramServicesAmt0240854
IRS990/PayrollTaxesGrp/TotalAmt0254382
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt028061
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0232486
IRS990/PensionPlanContributionsGrp/TotalAmt0260547
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0746819
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0785858
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0166663
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0123546
IRS990/PrincipalOfficerNm0Julie Henderson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Student Fees
IRS990/ProgramServiceRevenueGrp/Desc1Food Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02487
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11738
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02487
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11738
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06169186
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08166
IRS990/PYOtherExpensesAmt02633274
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03813
IRS990/PYRevenuesLessExpensesAmt0-632673
IRS990/PYSalariesCompEmpBnftPaidAmt04180564
IRS990/PYTotalExpensesAmt06813838
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06181165
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0489963
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04225
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/BookValueAmt0132809
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0160502
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0293311
IRS990ScheduleD/ExpensesNotReportedAmt0-1879902
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07267156
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04280367
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources- Pension Resources
IRS990ScheduleD/OtherExpensesIncludedAmt0-1879902
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02722081
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14105262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows of Resources- Pension Resources
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01879902
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01879902
IRS990ScheduleD/RevenueSubtotalAmt05877217
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2019, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Negative pension expense reclassified as revenue 1,879,902.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Negative pension expense reclassified as revenue -1,879,902.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132809
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04280367
IRS990ScheduleD/TotalExpensesPerForm990Amt07267156
IRS990ScheduleD/TotalLiabilityAmt06827343
IRS990ScheduleD/TotalRevenuePerForm990Amt07757119
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05877217
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05387254
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/ExplanationTxt0The policy is communicated in all solicitation and registration materials.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The Organization receives assistance from federal and state sources.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0137532
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt021098
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,330,306
Liabilities
$7,365,963
Net assets
-$35,657
Revenue
$7,757,119
Expenses
$7,267,156
Net income
$489,963
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.2$24.1$1.87$9.25$9.96$0.71
2022Detailed filing. Detailed filing data is available for this year.$5.89$6.31$0.42$8.41$7.39$1.02
2021Summary only. Only limited summary data is available for this year.$6.24$7.68$1.45$7.41$7.99$0.57
2020Detailed filing. Detailed filing data is available for this year.$6.41$7.28$0.87$7.59$8.43$0.84
2019Detailed filing. Detailed filing data is available for this year.$7.33$7.37$0.04$7.76$7.27$0.49
2018Detailed filing. Detailed filing data is available for this year.$7.21$7.74$0.53$6.18$6.81$0.63
2017Detailed filing. Detailed filing data is available for this year.$7.23$7.12$0.11$5.56$5.90$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.48$2.04$0.44$4.91$4.26$0.65
2015Detailed filing. Detailed filing data is available for this year.$1.38$1.58$0.21$3.93$3.62$0.31
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.31$0.33$2.88$2.74$0.14
2013Summary only. Only limited summary data is available for this year.$0.52$0.33$0.18$2.10$1.93$0.17
2012Summary only. Only limited summary data is available for this year.$0.25$0.24$0.01$0.22$0.21$0.01