Civic Intelligence

Breakaway Academy Foundation

990EZ • Fiscal year 2021 • EIN 81-1768029

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization ProfileWWW.BREAKAWAYFOUNDATION.ORG
1661 Park Ridge DriveChaska, MN 55318

(952) 905-3600

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

73rd percentile

29%

Higher net margin than 73% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

14th percentile

-28%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

112%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$101,239

Down $39,974 (-28%) from 2020

Net Assets

Down

$101,239

Down $39,974 (-28%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin73rd percentile

Revenue

Up

$131,173

Up $69,237 (+112%) from 2020

Expenses

Up

$93,570

Up $46,822 (+100%) from 2020

Net Income

Up

$37,603

Up $22,415 (+148%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$200K$150K$100K$50K$0Assets 2016: $2,715Liabilities 2016: $0Net Assets 2016: $2,7152016Assets 2017: $64,361Liabilities 2017: $0Net Assets 2017: $64,3612017Assets 2018: $71,283Liabilities 2018: $0Net Assets 2018: $71,2832018Assets 2019: $72,879Liabilities 2019: $0Net Assets 2019: $72,8792019Assets 2020: $141,213Liabilities 2020: $0Net Assets 2020: $141,2132020Assets 2021: $101,239Liabilities 2021: $0Net Assets 2021: $101,2392021Assets 2022: $140,438Liabilities 2022: $2,287Net Assets 2022: $138,1512022Assets 2023: $110,179Liabilities 2023: $1,782Net Assets 2023: $108,3972023Assets 2024: $179,530Liabilities 2024: $10,128Net Assets 2024: $169,4022024

Highlighted filing

2021

Assets$101,239
Liabilities$0
Net Assets$101,239
Open 2021 Filing

Operations Trend

Revenue Growth87th percentile

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

$300K$200K$100K$0-$100KRevenue 2016: $9,775Expenses 2016: $7,060Net Income 2016: $2,7152016Revenue 2017: $74,429Expenses 2017: $12,783Net Income 2017: $61,6462017Revenue 2018: $28,068Expenses 2018: $21,146Net Income 2018: $6,9222018Revenue 2019: $61,296Expenses 2019: $59,700Net Income 2019: $1,5962019Revenue 2020: $61,936Expenses 2020: $46,748Net Income 2020: $15,1882020Revenue 2021: $131,173Expenses 2021: $93,570Net Income 2021: $37,6032021Revenue 2022: $173,109Expenses 2022: $136,197Net Income 2022: $36,9122022Revenue 2023: $187,216Expenses 2023: $216,970Net Income 2023: -$29,7542023Revenue 2024: $196,838Expenses 2024: $135,833Net Income 2024: $61,0052024

Highlighted filing

2021

Revenue$131,173
Expenses$93,570
Net Income$37,603
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$131,173
Mission and Program Overview

Mission

We work to support the unique academic opportunities the school delivers to students in grades 5-8. Breakaway is truly special in the approach it takes, blending individualized attention and a robust curriculum in the classroom with serious, high-quality training out on the ice.

We work to support the unique academic opportunities the school delivers to students in grades k-8. Breakaway is truly special in the approach it takes, blending individualized attention and a robust curriculum in the classroom with serious, high-quality training out on the ice.

Program Services

DescriptionGrantsExpenses
TO SUPPORT THE SCHOOL THROUGH TUITION ASSISTANCE AND THE SCHOOL CURRICULUM.$28,564$93,570
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID SNUGGERUDVice Preside-$0--
LYMAN BRINKVice Preside-$0--
MICHAEL BRONKALABoard Chairm-$0--
GARY HEGENESBoard Member-$0--
GARY GANDRUDBoard Member-$0--
MIKE TREWICKBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Breakaway Academy Foundation
EIN
81-1768029
Phone
9529053600
Address
1661 PARK RIDGE DRIVE, CHASKA, MN 55318

Signing Officer

Name
Lyman Brink
Title
Vice President
Phone
9529053600
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Bandicoot Tax LLC
Address
7400 METRO BLVD STE 419, MINNEAPOLIS, MN 55439
Preparer
Brian Markwell CPA
Phone
8334002850
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Donations 131,173 total 131,173”

Form 990-ez, Part I, Line 10

“Name: breakaway academy inc address: 1661 park ridge dr chaska, mn 55318 cash contribution: 28,564”

Form 990-ez, Part I, Line 20

“Unrestricted net assets -77,577”

Form 990-ez, Part III

“We work to support the unique academic opportunities the school delivers to students in grades k-8. Breakaway is truly special in the approach it takes, blending individualized attention and a robust curriculum in the classroom with serious, high-quality training out on the ice.”

Raw XML Appendix152 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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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BREAKAWAY ACADEMY INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0BREAKAWAY ACADEMY INCC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DONATIONS 131,173 TOTAL 131,173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: BREAKAWAY ACADEMY INC ADDRESS: 1661 PARK RIDGE DR CHASKA, MN 55318 CASH CONTRIBUTION: 28,564
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNRESTRICTED NET ASSETS -77,577
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WE WORK TO SUPPORT THE UNIQUE ACADEMIC OPPORTUNITIES THE SCHOOL DELIVERS TO STUDENTS IN GRADES K-8. BREAKAWAY IS TRULY SPECIAL IN THE APPROACH IT TAKES, BLENDING INDIVIDUALIZED ATTENTION AND A ROBUST CURRICULUM IN THE CLASSROOM WITH SERIOUS, HIGH-QUALITY TRAINING OUT ON THE ICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum09529053600
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ReturnHeader/Filer/PhoneNum09529053600
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN MARKWELL CPA
ReturnHeader/ReturnTs02022-11-15T15:27:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LYMAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BRINK
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$101,239
Liabilities
$0
Net assets
$101,239
Revenue
$131,173
Expenses
$93,570
Net income
$37,603
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$0.10$1.69$1.97$1.36$0.61
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.02$1.08$1.87$2.17$0.30
2022Detailed filing. Detailed filing data is available for this year.$1.40$0.02$1.38$1.73$1.36$0.37
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$1.31$0.94$0.38
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.62$0.47$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.61$0.60$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.28$0.21$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.74$0.13$0.62
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.10$0.07$0.03