Civic Intelligence

Eagle Ridge Academy Affiliated Building Company

990 • Fiscal year 2015 • EIN 80-0851487

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 04, 2016

7255 Flying Cloud DriveEden Prairie, MN 55344

(952) 746-7760

Siviq Scores

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

Liabilities / Assets

90th percentile

0.95x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

6.95x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

34th percentile

$87,067

Higher top officer pay than 34% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

56th percentile

2.1%

Faster asset growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

15%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$9,686,856

Up $195,104 (+2.1%) from 2014

Net Assets

Up

$509,413

Up $569,883 (+942%) from 2014

Liabilities

Down

$9,177,443

Down $374,779 (-3.9%) from 2014

Revenue

Up

$1,320,602

Up $173,895 (+15%) from 2014

Expenses

Down

$750,719

Down $110,113 (-13%) from 2014

Net Income

Up

$569,883

Up $284,008 (+99%) from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2013: $9,331,677Liabilities 2013: $9,678,022Net Assets 2013: -$346,3452013Assets 2014: $9,491,752Liabilities 2014: $9,552,222Net Assets 2014: -$60,4702014Assets 2015: $9,686,856Liabilities 2015: $9,177,443Net Assets 2015: $509,4132015Assets 2016: $35,490,400Liabilities 2016: $36,466,946Net Assets 2016: -$976,5462016Assets 2017: $34,158,409Liabilities 2017: $37,904,593Net Assets 2017: -$3,746,1842017Assets 2018: $31,813,830Liabilities 2018: $35,565,143Net Assets 2018: -$3,751,3132018Assets 2019: $31,318,174Liabilities 2019: $35,051,238Net Assets 2019: -$3,733,0642019Assets 2020: $37,382,023Liabilities 2020: $41,413,988Net Assets 2020: -$4,031,9652020Assets 2021: $36,798,126Liabilities 2021: $41,035,801Net Assets 2021: -$4,237,6752021Assets 2022: $35,541,142Liabilities 2022: $39,905,231Net Assets 2022: -$4,364,0892022Assets 2023: $35,091,902Liabilities 2023: $39,470,790Net Assets 2023: -$4,378,8882023Assets 2024: $34,529,484Liabilities 2024: $38,825,022Net Assets 2024: -$4,295,5382024

Highlighted filing

2015

Assets$9,686,856
Liabilities$9,177,443
Net Assets$509,413

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2013: $0Expenses 2013: $346,345Net Income 2013: -$346,3452013Revenue 2014: $1,146,707Expenses 2014: $860,832Net Income 2014: $285,8752014Revenue 2015: $1,320,602Expenses 2015: $750,719Net Income 2015: $569,8832015Revenue 2016: $1,380,691Expenses 2016: $2,866,650Net Income 2016: -$1,485,9592016Revenue 2017: $2,051,875Expenses 2017: $4,821,513Net Income 2017: -$2,769,6382017Revenue 2018: $2,379,467Expenses 2018: $2,340,826Net Income 2018: $38,6412018Revenue 2019: $2,336,740Expenses 2019: $2,379,101Net Income 2019: -$42,3612019Revenue 2020: $2,423,242Expenses 2020: $2,722,143Net Income 2020: -$298,9012020Revenue 2021: $2,516,760Expenses 2021: $2,722,470Net Income 2021: -$205,7102021Revenue 2022: $2,530,569Expenses 2022: $2,656,983Net Income 2022: -$126,4142022Revenue 2023: $2,754,744Expenses 2023: $2,769,543Net Income 2023: -$14,7992023Revenue 2024: $2,893,957Expenses 2024: $2,810,607Net Income 2024: $83,3502024

Highlighted filing

2015

Revenue$1,320,602
Expenses$750,719
Net Income$569,883
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 4, 2016
Return Version
2014v6.0
Gross Receipts
$1,320,602
Mission and Program Overview

Mission

See Part I, Line 1

To purchase, own and construct a public schoolhouse, for lease to the Eagle Ridge Academy, on real estate owned by the Organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,082,180$8,094,840▲ $12,660
Cap Stk Tr Prin Current Funds-$1,370,369-
Savings and Temporary Cash Investments$1,042,905$1,367,416▲ $324,511
Accounts Receivable$333,875$0▼ $333,875
Cash and Non-Interest-Bearing Accounts$32,792$61,593▲ $28,801
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$-60,470$-860,956▼ $800,486
Total Assets$9,491,752$9,686,856▲ $195,104
Other Assets Total-$163,007-
Liabilities
Tax Exempt Bond Liabilities$8,935,377$8,935,795▲ $418
Accounts Payable and Accrued Expenses$225,738$221,648▼ $4,090
Other Liabilities$96,107--
Mortgage Notes Payable Secured by Investment Property$295,000$20,000▼ $275,000
Total Liabilities$9,552,222$9,177,443▼ $374,779
Net Assets / Fund Balance
Total Net Assets Fund Balance$-60,470$509,413▲ $569,883
Total Liabilities and Net Assets / Fund Balance$9,491,752$9,686,856▲ $195,104

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,317,962$457,529$7,775,491
Equipment$581,288$66,212$647,500
Other Land Buildings$195,590-$195,590
Compensation and Service Providers

Employees

NameTitleOtherTotal
Randy VetschPresident$87,067$87,067

Board Members and Trustees

NameTitle
Diane BlaschkoDirector
Angela BergerSecretary
Dan HoganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,320,590
Investment Income
$12
Other Revenue
$0
Change in Net Assets
$569,883

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,320,602
Revenue Not Reported on Form 990
$8,789,380
Total Revenue per Audited Statements
$10,109,982
Total Revenue per Form 990
$1,320,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$750,719
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$443,039--$443,039
Depreciation Depletion$182,932--$182,932
Fees for Services Other$89,273$7,500-$96,773
Fees for Services Accounting-$6,320-$6,320
Fees for Services Legal-$1,598-$1,598
Information Technology-$1,039-$1,039
Office Expenses-$100-$100
Other Expenses$18,868$50-$50
Total Functional Expenses$734,112$16,607$0$750,719

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,547,657
Expenses Not Reported on Form 990$8,980,288
Total Expenses per Form 990$750,719
Expenses per Audited Statements$567,369
Expenses Not Reported on Financial Statements$183,350
Other Expense Adjustments$183,350
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Deephaven MN2013-06-20$8,934,959Build addition to school

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,934,959--$178,054

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The sole member of the organization is Eagle Ridge Academy.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

The Board of Directors will be selected by the Sole Member at its annual meeting, or more frequently if necessary due to the resignation or other withdrawal of a Director.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The Sole Member may alter or repeal the Bylaws of the Organization.

Form 990, Part VI, Line 11B: Form 990 Review Process

The IRS form 990 is reviewed by the Board of Directors prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Organization's governing documents, policies and financial statements are available upon request at the Organization's office.

Filing and Contact Details

Filer

Filer Name
Eagle Ridge Academy Affiliated Building
EIN
80-0851487
Phone
9527467760
Address
7255 Flying Cloud Drive, Eden Prairie, MN 55344

Signing Officer

Name
Dan Hogan
Title
Treasurer
Signed
2016-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Hogan
Formed
2012
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Beltz Kes Darling & Associates
Address
22488 Chippendale Ave W, Farmington, MN 55024
Preparer
Theresa Kingsbury
Phone
6514632233
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

The Financial Statements are completed by the Independent Audit firm and the Financial Statements are reviewed and approved by the Board of Directors before being issued. There is no change from the prior year.

Financial Statement Notes

Part X : FIN48 Footnote

The Academy is required to assess whether an uncertain tax position exists and if there should be recognition of a related benefit or liability in the financial statements. Tha Academy has determined there are not amounts to record as assets or liabilities related to uncertain tax positions.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Eagle Ridge Academy Revenues $8789380

Part XII, Line 2D: Other expenses and losses per audited F/S

Eagle Ridge Academy Expenses $8504229 Capitalized Equipment $195590 Principal Payments on Long-term Debt $275000 Change in Accrued Interest $5469

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Depreciation $182932 Change in Bond Discount $418

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IRS990/PYOtherExpensesAmt0860832
IRS990/PYOtherRevenueAmt035373
IRS990/PYProgramServiceRevenueAmt01111325
IRS990/PYRevenuesLessExpensesAmt0285875
IRS990/PYTotalExpensesAmt0860832
IRS990/PYTotalRevenueAmt01146707
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0569883
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01320590
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01042905
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01367416
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0731673656
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Eagle Ridge Academy
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07317962
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0457529
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07775491
IRS990ScheduleD/EquipmentGrp/BookValueAmt0581288
IRS990ScheduleD/EquipmentGrp/DepreciationAmt066212
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0647500
IRS990ScheduleD/ExpensesNotReportedAmt08980288
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0183350
IRS990ScheduleD/ExpensesSubtotalAmt0567369
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt08980288
IRS990ScheduleD/OtherExpensesNotIncludedAmt0183350
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0195590
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0195590
IRS990ScheduleD/OtherRevenueAmt08789380
IRS990ScheduleD/RevenueNotReportedAmt08789380
IRS990ScheduleD/RevenueSubtotalAmt01320602
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Academy is required to assess whether an uncertain tax position exists and if there should be recognition of a related benefit or liability in the financial statements. Tha Academy has determined there are not amounts to record as assets or liabilities related to uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Eagle Ridge Academy Revenues $8789380
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Eagle Ridge Academy Expenses $8504229 Capitalized Equipment $195590 Principal Payments on Long-term Debt $275000 Change in Accrued Interest $5469
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Depreciation $182932 Change in Bond Discount $418
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08094840
IRS990ScheduleD/TotalExpensesPerForm990Amt0750719
IRS990ScheduleD/TotalRevenuePerForm990Amt01320602
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010109982
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09547657
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-06-20
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0416005090
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum024380HAM4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt08934959
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0City of Deephaven MN
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Build addition to school
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt08233089
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0523816
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0178054
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02014
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt08934959
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The sole member of the organization is Eagle Ridge Academy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors will be selected by the Sole Member at its annual meeting, or more frequently if necessary due to the resignation or other withdrawal of a Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Sole Member may alter or repeal the Bylaws of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The IRS form 990 is reviewed by the Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization's governing documents, policies and financial statements are available upon request at the Organization's office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Financial Statements are completed by the Independent Audit firm and the Financial Statements are reviewed and approved by the Board of Directors before being issued. There is no change from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2: Change of Oversight or Selection Process
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Eagle Ridge Academy
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Eagle Ridge Academy
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0731673656
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07255 Flying Cloud Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Eden Prairie
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055344
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.5$38.8$4.30$2.89$2.81$0.08
2023Summary only. Only limited summary data is available for this year.$35.1$39.5$4.38$2.75$2.77$0.01
2022Summary only. Only limited summary data is available for this year.$35.5$39.9$4.36$2.53$2.66$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.8$41.0$4.24$2.52$2.72$0.21
2020Summary only. Only limited summary data is available for this year.$37.4$41.4$4.03$2.42$2.72$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.3$35.1$3.73$2.34$2.38$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.8$35.6$3.75$2.38$2.34$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.2$37.9$3.75$2.05$4.82$2.77
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.5$36.5$0.98$1.38$2.87$1.49
2015Detailed filing. Detailed filing data is available for this year.$9.69$9.18$0.51$1.32$0.75$0.57
2014Detailed filing. Detailed filing data is available for this year.$9.49$9.55$0.06$1.15$0.86$0.29
2013Summary only. Only limited summary data is available for this year.$9.33$9.68$0.35$0.00$0.35$0.35
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