Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
46th percentile
Higher net margin than 46% of similar nonprofits.
Top Officer Pay
42nd percentile
Higher top officer pay than 42% of similar nonprofits.
Top officer pay equals 1.5% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Assets
Up$329,401
Up $226,572 (+220%) from 2020
Net Assets
Up$146,331
Up $135,402 (+1239%) from 2020
Liabilities
Up$183,070
Up $91,170 (+99%) from 2020
Revenue
Up$1,276,632
Up $1,187,167 (+1327%) from 2020
Expenses
Up$1,141,230
Up $1,062,694 (+1353%) from 2020
Net Income
Up$135,402
Up $124,473 (+1139%) from 2020
Quantum steam academy charter school accelerates learning through quality instruction, an integrated arts & sciences curriculum, and authentic collaboration that engages leadership, staff, students, families, and communities in the educational enterprise.
Provide an education and other educational services to students in grades K-8.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $89,465 | $257,274 | ▲ $167,809 |
| Cap Stk Tr Prin Current Funds | $-1,862 | $116,935 | ▲ $118,797 |
| Cash and Non-Interest-Bearing Accounts | $573 | $61,344 | ▲ $60,771 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $19,163 | ▲ $19,163 |
| Land, Buildings, and Equipment, Net | $12,791 | $10,233 | ▼ $2,558 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $12,791 | $10,233 | ▼ $2,558 |
| Prepaid Expenses and Deferred Charges | $0 | $550 | ▲ $550 |
| Total Assets | $102,829 | $329,401 | ▲ $226,572 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $91,900 | $158,070 | ▲ $66,170 |
| Other Liabilities | $0 | $25,000 | ▲ $25,000 |
| Total Liabilities | $91,900 | $183,070 | ▲ $91,170 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $10,929 | $146,331 | ▲ $135,402 |
| Total Liabilities and Net Assets / Fund Balance | $102,829 | $329,401 | ▲ $226,572 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $10,233 | $2,558 | $12,791 |
| Name | Title | Base | Total |
|---|---|---|---|
| Crescence Nabil | Member | $18,856 | $18,856 |
| Name | Title |
|---|---|
| Khalid Haddaoui | Chair |
| Shavkat Metekov | Vice Chair |
| Ayan Farah | Member |
| Filsan Ismail | Member |
| Adnan Khan | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $628,989 |
| Other Expenses | $512,241 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $366,651 | $136,121 | - | $502,772 |
| Occupancy | $154,906 | $2,743 | - | $157,649 |
| Fees for Services Other | $111,906 | $17,883 | - | $129,789 |
| Information Technology | $58,131 | $14,743 | - | $72,874 |
| Other Employee Benefits | $19,092 | $24,201 | - | $43,293 |
| Pension Plan Contributions | $23,661 | $8,798 | - | $32,459 |
| Payroll Taxes | $22,298 | $9,311 | - | $31,609 |
| Other Expenses | $28,603 | - | - | $28,603 |
| Current Officers, Directors, Trustees, and Key Employees | $18,856 | - | - | $18,856 |
| Payments to Affiliates | - | $10,082 | - | $10,082 |
| Insurance | - | $7,543 | - | $7,543 |
| Office Expenses | - | $2,714 | - | $2,714 |
| Depreciation Depletion | - | $2,558 | - | $2,558 |
| Interest | - | $1,650 | - | $1,650 |
| Payment Travel Entrtnmnt Publicly Ofcl | $205 | $160 | - | $365 |
| Total Functional Expenses | $902,723 | $238,507 | $0 | $1,141,230 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,141,230 |
| Total Expenses per Audited Statements | $1,141,230 |
| Total Expenses per Form 990 | $1,141,230 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Line of credit payable | $25,000 |
“The 990 is prepared by an independent accounting firm and is reviewed by the Board and Director of organization prior to filing.”
“Annually each board member completes a required form and discloses any conflicts of interests.”
“Current compensation is based on past wages with increases given during the year by the board forming the basis of future years pay.”
“Meeting minutes, agendas, and other related information is available on the organization's website or upon request.”
“One member of the board is a teacher at the School. Minnesota State Statutue 124D.10 Subd. 4(g) requires the board to have at least one employed or contracted teacher.”
“Consult. Fees / Fees For Svcs : Program service expenses 111,906. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,906. Consult. Fees / Fees For Svcs : Program service expenses 0. Management and general expenses 17,883. Fundraising expenses 0. Total expenses 17,883.”
“The School Board assumes responsibility for the oversight of the audit of it's financial statements and the selection of an independent auditor annually. This process has not changed from the prior year.”
“Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.”
“The Academy is required to have an Authorizer to monitor its operations in order to maintain its charter. The Academy's approved authorizer during the fiscal year 2021 was Novation Education Opportunities.”
“Quantum STEAM Academy (the School) is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). The School is subject to tax on income from any unrelated business. The School is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Accounting Standards Codification 740-10. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely-than-not be sustained upon examination by taxing authorities. The School has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The School believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operation or cash flows. Accordingly, the School has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2021. The School is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods since this is an initial filing.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 91900 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 158070 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 89465 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 257274 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Provide an education and other educational services to students in grades K-8. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Khalid Haddaoui |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6516156888 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 497 Humboldt Ave |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | St Paul |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55107 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | -1862 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 116935 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 573 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 61344 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 18856 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 18856 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2 |
| IRS990/CYOtherExpensesAmt | 0 | 512241 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1276630 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 135402 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 628989 |
| IRS990/CYTotalExpensesAmt | 0 | 1141230 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1276632 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 2558 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 2558 |
| IRS990/Desc | 0 | Quantum STEAM Academy infuses energy into the area of STEAM education, not only to drive an increase in student learning and achievement, but also to stimulate the creative energy through integrating Science, Technology, Engineering, Art, and Mathematics to improve Minnesota and the world in which we live. Quantum STEAM Academy serves grades K-8. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 10 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 902723 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 17883 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 111906 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 129789 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form1098CFiledInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form8899Filedind | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Crescence Nabil |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Ayan Farah |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Filsan Ismail |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Adnan Khan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Shavkat Metekov |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Khalid Haddaoui |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 18856 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Vice Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Chair |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2018 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1276632 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 14743 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 58131 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 72874 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 7543 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 7543 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 1650 |
| IRS990/InterestGrp/TotalAmt | 0 | 1650 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2558 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 12791 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 10233 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 12791 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Quantum STEAM Academy Charter School accelerates learning through quality instruction, an integrated Arts & Sciences curriculum, and authentic collaboration that engages Leadership, Staff, Students, Families, and Communities in the Educational Enterprise. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 10929 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 146331 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2743 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 154906 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 157649 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2714 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2714 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 24201 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 19092 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 43293 |
| IRS990/OtherExpensesGrp/Desc | 0 | Transportation |
| IRS990/OtherExpensesGrp/Desc | 1 | Textbooks |
| IRS990/OtherExpensesGrp/Desc | 2 | Food |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 53423 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 44991 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 28603 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 53423 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 44991 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 28603 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 25000 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 136121 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 366651 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 502772 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt | 0 | 10082 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 10082 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 9311 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 22298 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 31609 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 12791 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 10233 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 8798 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 23661 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 32459 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 550 |
| IRS990/PrincipalOfficerNm | 0 | Mahrous Kandil |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Federal and State Sour |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1276630 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1276630 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt | 0 | 160 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt | 0 | 205 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 365 |
| IRS990/PYOtherExpensesAmt | 0 | 71103 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 89465 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 10929 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 7433 |
| IRS990/PYTotalExpensesAmt | 0 | 78536 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 89465 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 135402 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1276630 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 19163 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 10233 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 2558 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 12791 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1141230 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 25000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Line of credit payable |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1276632 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Quantum STEAM Academy (the School) is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). The School is subject to tax on income from any unrelated business. The School is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Accounting Standards Codification 740-10. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely-than-not be sustained upon examination by taxing authorities. The School has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The School believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operation or cash flows. Accordingly, the School has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2021. The School is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods since this is an initial filing. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 10233 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1141230 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 25000 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1276632 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1276632 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1141230 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | Nondiscrimination policy is included in registration material. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | The School receives state and federal aid payments and grants to finance educational services for their students. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Part I, Line 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The 990 is prepared by an independent accounting firm and is reviewed by the Board and Director of organization prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Annually each board member completes a required form and discloses any conflicts of interests. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Current compensation is based on past wages with increases given during the year by the board forming the basis of future years pay. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Meeting minutes, agendas, and other related information is available on the organization's website or upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Consult. Fees / Fees For Svcs : Program service expenses 111,906. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,906. Consult. Fees / Fees For Svcs : Program service expenses 0. Management and general expenses 17,883. Fundraising expenses 0. Total expenses 17,883. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The School Board assumes responsibility for the oversight of the audit of it's financial statements and the selection of an independent auditor annually. This process has not changed from the prior year. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | The Academy is required to have an Authorizer to monitor its operations in order to maintain its charter. The Academy's approved authorizer during the fiscal year 2021 was Novation Education Opportunities. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | One member of the board is a teacher at the School. Minnesota State Statutue 124D.10 Subd. 4(g) requires the board to have at least one employed or contracted teacher. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part IX, line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part XI, Line 2C: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Related Organization Compensation |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | AUTHORIZER |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part VI, Section A, Line 1B: |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 102829 |
| IRS990/TotalAssetsEOYAmt | 0 | 329401 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 102829 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 329401 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 10 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 238507 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 902723 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1141230 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 91900 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 183070 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 91900 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 183070 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 10929 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 146331 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 902723 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1276630 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 18856 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 2 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1276630 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1276632 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 2 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 102829 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 329401 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 497 Humboldt Avenue |
| IRS990/USAddress/CityNm | 0 | St Paul |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55107 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | qsteamacademy.org |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Mahrous Kandil |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Board Chair |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6516156888 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Quantum STEAM Academy |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | QUAN |
| ReturnHeader/Filer/EIN | 0 | 831605019 |
| ReturnHeader/Filer/PhoneNum | 0 | 6516156888 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 497 Humboldt Avenue |
| ReturnHeader/Filer/USAddress/CityNm | 0 | St Paul |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55107 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411690382 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Malloy Montague Karnowski Radosevich |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5353 Wayzata Blvd Ste 410 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Minneapolis |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55416 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9525450424 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-05-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Victoria L Holinka |
| ReturnHeader/ReturnTs | 0 | 2022-05-16T16:04:04-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Mahrous |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Kandil |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.