Civic Intelligence

Steam Academy

990 • Fiscal year 2022 • EIN 83-2162621

Jul 01, 2021 to Jun 30, 2022 • Filed on May 04, 2023

1330 Blair AvenueSaint Paul, MN 55104

(651) 236-8280

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.15x

Higher debt load relative to assets than 63% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

39th percentile

0.04x

Higher debt load relative to revenue than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

73rd percentile

23%

Higher net margin than 73% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

41st percentile

$14,315

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

$345,166

No earlier filing loaded for comparison.

Net Assets

$292,735

No earlier filing loaded for comparison.

Liabilities

$52,431

No earlier filing loaded for comparison.

Revenue

$1,283,179

No earlier filing loaded for comparison.

Expenses

$990,444

No earlier filing loaded for comparison.

Net Income

$292,735

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2022: $345,166Liabilities 2022: $52,431Net Assets 2022: $292,7352022Assets 2023: $624,612Liabilities 2023: $558,178Net Assets 2023: $66,4342023Assets 2024: $780,394Liabilities 2024: $868,723Net Assets 2024: -$88,3292024

Highlighted filing

2022

Assets$345,166
Liabilities$52,431
Net Assets$292,735

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2022: $1,283,179Expenses 2022: $990,444Net Income 2022: $292,7352022Revenue 2023: $1,356,101Expenses 2023: $1,582,402Net Income 2023: -$226,3012023Revenue 2024: $1,233,846Expenses 2024: $1,388,609Net Income 2024: -$154,7632024

Highlighted filing

2022

Revenue$1,283,179
Expenses$990,444
Net Income$292,735
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 4, 2023
Return Version
2021v4.2
Gross Receipts
$1,283,179
Mission and Program Overview

Mission

STEAM Academy embraces a multidisciplinary curriculum with an emphasis on Science, Technology, Engineering, Arts, and Mathematics (STEAM) to provide a learning-for-understanding environment which values personal and community accountability, creativity, diversity, critical thinking, and multiculturalism. We believe that schools can prepare their students for greater understanding of profound issues through collaboration, critical thinking and problem solving. We believe this is possible when learning is done with purpose.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$111,582-
Accounts Receivable-$101,263-
Pledges and Grants Receivable$24,280$68,665▲ $44,385
Prepaid Expenses and Deferred Charges-$47,477-
Total Assets$24,280$345,166▲ $320,886
Other Assets Total$0$16,179▲ $16,179
Liabilities
Accounts Payable and Accrued Expenses$24,280$52,431▲ $28,151
Total Liabilities$24,280$52,431▲ $28,151
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$277,740-
Net Assets With Donor Restrictions-$14,995-
Total Net Assets Fund Balance$0$292,735▲ $292,735
Total Liabilities and Net Assets / Fund Balance$24,280$345,166▲ $320,886
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Makia JamaMember$12,698$1,617$14,315

Board Members and Trustees

NameTitle
Sarah ChelbiBoard Chair
Hamada AboubakrVice Chair
Amina AdanExecutive Director
Maryam ArabMember
Mahdi NurTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Students Prepared to SuceedCharter management organization services2303 Wycliff Street Suite W-100, St Paul, MN 55114$102,998
Revenue and Support

Revenue Composition

Contributions and Grants
$1,250,821
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$32,358
All Other Contributions
$34,300
Change in Net Assets
$292,735

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,250,821
Revenue Not Reported on Financial Statements
$32,358
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$32,358
Total Revenue per Audited Statements
$1,250,821
Total Revenue per Form 990
$1,283,179
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$734,715
Salaries, Compensation, and Employee Benefits$255,729
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$160,965$170,542-$331,507
Other Salaries and Wages$166,118$27,024-$193,142
Occupancy$125,146--$125,146
Travel$89,068--$89,068
Office Expenses$71,503$2,175-$73,678
Information Technology$40,307$13,048-$53,355
Pension Plan Contributions$14,587$2,344-$16,931
Other Employee Benefits$14,242$2,172-$16,414
Payroll Taxes$12,715$2,212-$14,927
Current Officers, Directors, Trustees, and Key Employees$12,312$2,003-$14,315
Insurance$4,753--$4,753
Other Expenses$951$14,326-$951
Total Functional Expenses$754,102$236,342$0$990,444

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$990,444
Total Expenses per Form 990$990,444
Total Expenses per Audited Statements$958,086
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-32,358
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

Students Prepared to Succeed provided an Executive Director and support with recruitment, staffing, finances, grants, and other operations. Amina Adan, Executive Director, was listed in Part VII, Section A and was compensated $70,000 by Students Prepared to Succeed for services provided to STEAM Academy during the year.

Form 990, Part VI, Section B, line 11B

The Form 990 is prepared by an independent accounting firm and reviewed by the school's management. The reviewed draft of the Form 990 is provided to the board prior to filing with the IRS.

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

The Organization annually evaluates all conflict of interest policies submitted by board members and employees. The Organization's policies are communicated annually to the board and employees and to new board members and employees upon joining the Organization.

Form 990, Part VI, Section B, line 15A

Compensation is set by the Board of Directors based on the position, market, and experience.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
STEAM Academy
EIN
83-2162621
Phone
6512368280
Address
1330 Blair Avenue, Saint Paul, MN 55104

Signing Officer

Name
Sarah Chelbi
Title
Board Chair
Phone
6512368280
Signed
2023-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Chelbi
Formed
2018
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
4
Employees
7
Volunteers
4

Preparer

Firm
Abdo LLP
Address
5201 Eden Ave Ste 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Consulting and Other Fees: Program service expenses 15,760. Management and general expenses 3,936. Fundraising expenses 0. Total expenses 19,696. Contracted Services: Program service expenses 145,205. Management and general expenses 166,606. Fundraising expenses 0. Total expenses 311,811.

Form 990, Part XII, Line 2C:

The Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.

Financial Statement Notes

Part X, Line 2:

The Charter School is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and similar state income tax laws. The Organization is not a private foundation and contributions to the Charter School qualify as a charitable tax deduction by the contributor. The Organization has evaluated and determined that there are no uncertain tax positions as of June 20, 2022. The Association's tax returns are subject to possible examination by the taxing authorities.

Part XI, Line 4B - Other Adjustments:

Negative pension expense reclassified to revenues 32,358.

Part XII, Line 2D - Other Adjustments:

Negative pension expense reclassified to revenues -32,358.

Raw XML Appendix400 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/BOYAmt024280
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt052431
IRS990/AccountsReceivableGrp/EOYAmt0101263
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0STEAM Academy embraces a multidisciplinary curriculum with an emphasis on Science, Technology, Engineering, Arts, and Mathematics (STEAM) to provide a learning-for-understanding environment which values personal and community accountability, creativity, diversity, critical thinking, and multiculturalism. We believe that schools can prepare their students for greater understanding of profound issues through collaboration, critical thinking and problem solving. We believe this is possible when learning is done with purpose.
IRS990/AllOtherContributionsAmt034300
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EdFin MN
IRS990/BooksInCareOfDetail/PhoneNum06512368280
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02303 Wycliff St Suite W-100
IRS990/BooksInCareOfDetail/USAddress/CityNm0St Paul
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055114
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt0111582
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt02003
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt012312
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt014315
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0102998
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02303 Wycliff Street Suite W-100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0St Paul
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055114
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Students Prepared to Suceed
IRS990/ContractorCompensationGrp/ServicesDesc0Charter management organization services
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01250821
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0734715
IRS990/CYOtherRevenueAmt032358
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0292735
IRS990/CYSalariesCompEmpBnftPaidAmt0255729
IRS990/CYTotalExpensesAmt0990444
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01283179
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0In Steam's first year, the school provided education to grades kindergarten through 5th grade ending the year with an Average Daily Membership of 60. The school is involved with community members to bring continuously better education to the student it serves.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt014995
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0754102
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0170542
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0160965
IRS990/FeesForServicesOtherGrp/TotalAmt0331507
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt31617
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Sarah Chelbi
IRS990/Form990PartVIISectionAGrp/PersonNm1Hamada Aboubakr
IRS990/Form990PartVIISectionAGrp/PersonNm2Mahdi Nur
IRS990/Form990PartVIISectionAGrp/PersonNm3Makia Jama
IRS990/Form990PartVIISectionAGrp/PersonNm4Maryam Arab
IRS990/Form990PartVIISectionAGrp/PersonNm5Amina Adan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt312698
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt01216521
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01283179
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt013048
IRS990/InformationTechnologyGrp/ProgramServicesAmt040307
IRS990/InformationTechnologyGrp/TotalAmt053355
IRS990/InsuranceGrp/ProgramServicesAmt04753
IRS990/InsuranceGrp/TotalAmt04753
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0STEAM Academy embraces a multidisciplinary curriculum with an emphasis on Science, Technology, Engineering, Arts, and Mathematics (STEAM) to provide a learning-for-understanding environment which values personal and community accountability, creativity, diversity, critical thinking, and multiculturalism. We believe that schools can prepare their students for greater understanding of profound issues through collaboration, critical thinking and problem solving. We believe this is possible when learning is done with purpose.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt0292735
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0277740
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0125146
IRS990/OccupancyGrp/TotalAmt0125146
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02175
IRS990/OfficeExpensesGrp/ProgramServicesAmt071503
IRS990/OfficeExpensesGrp/TotalAmt073678
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt016179
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02172
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014242
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016414
IRS990/OtherExpensesGrp/Desc0Food
IRS990/OtherExpensesGrp/Desc1Equipment
IRS990/OtherExpensesGrp/Desc2Dues and Memberships
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0496
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114326
IRS990/OtherExpensesGrp/ProgramServicesAmt021685
IRS990/OtherExpensesGrp/ProgramServicesAmt119750
IRS990/OtherExpensesGrp/ProgramServicesAmt2951
IRS990/OtherExpensesGrp/TotalAmt022181
IRS990/OtherExpensesGrp/TotalAmt119750
IRS990/OtherExpensesGrp/TotalAmt214326
IRS990/OtherExpensesGrp/TotalAmt3951
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Pension Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt032358
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032358
IRS990/OtherRevenueTotalAmt032358
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027024
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0166118
IRS990/OtherSalariesAndWagesGrp/TotalAmt0193142
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02212
IRS990/PayrollTaxesGrp/ProgramServicesAmt012715
IRS990/PayrollTaxesGrp/TotalAmt014927
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02344
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014587
IRS990/PensionPlanContributionsGrp/TotalAmt016931
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt024280
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt068665
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt047477
IRS990/PrincipalOfficerNm0Sarah Chelbi
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt024280
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt024280
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt024280
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt024280
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0292735
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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/ExpensesNotReportedAmt0-32358
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0990444
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0-32358
IRS990ScheduleD/OtherRevenuesNotIncludedAmt032358
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt032358
IRS990ScheduleD/RevenueSubtotalAmt01250821
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Charter School is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and similar state income tax laws. The Organization is not a private foundation and contributions to the Charter School qualify as a charitable tax deduction by the contributor. The Organization has evaluated and determined that there are no uncertain tax positions as of June 20, 2022. The Association's tax returns are subject to possible examination by the taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Negative pension expense reclassified to revenues 32,358.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Negative pension expense reclassified to revenues -32,358.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0990444
IRS990ScheduleD/TotalRevenuePerForm990Amt01283179
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01250821
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0958086
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Policies are posted on the website and send to MDE yearly along with Charter School Assurances.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school receives federal and state funding.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Students Prepared to Succeed provided an Executive Director and support with recruitment, staffing, finances, grants, and other operations. Amina Adan, Executive Director, was listed in Part VII, Section A and was compensated $70,000 by Students Prepared to Succeed for services provided to STEAM Academy during the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is prepared by an independent accounting firm and reviewed by the school's management. The reviewed draft of the Form 990 is provided to the board prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization annually evaluates all conflict of interest policies submitted by board members and employees. The Organization's policies are communicated annually to the board and employees and to new board members and employees upon joining the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation is set by the Board of Directors based on the position, market, and experience.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Consulting and Other Fees: Program service expenses 15,760. Management and general expenses 3,936. Fundraising expenses 0. Total expenses 19,696. Contracted Services: Program service expenses 145,205. Management and general expenses 166,606. Fundraising expenses 0. Total expenses 311,811.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt024280
IRS990/TotalAssetsEOYAmt0345166
IRS990/TotalAssetsGrp/BOYAmt024280
IRS990/TotalAssetsGrp/EOYAmt0345166
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01250821
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0236342
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0754102
IRS990/TotalFunctionalExpensesGrp/TotalAmt0990444
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024280
IRS990/TotalLiabilitiesEOYAmt052431
IRS990/TotalLiabilitiesGrp/BOYAmt024280
IRS990/TotalLiabilitiesGrp/EOYAmt052431
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0292735
IRS990/TotalOtherCompensationAmt01617
IRS990/TotalProgramServiceExpensesAmt0754102
IRS990/TotalReportableCompFromOrgAmt012698
IRS990/TotalRevenueGrp/ExclusionAmt032358
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01283179
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt024280
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0345166
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt089068
IRS990/TravelGrp/TotalAmt089068
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0951 5th Street E
IRS990/USAddress/CityNm0St Paul
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055106
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.steamacademymn.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Sarah Chelbi
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum06512368280
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STEAM Academy
ReturnHeader/Filer/BusinessNameControlTxt0STEA
ReturnHeader/Filer/EIN0832162621
ReturnHeader/Filer/PhoneNum06512368280
ReturnHeader/Filer/USAddress/AddressLine1Txt01330 Blair Avenue
ReturnHeader/Filer/USAddress/CityNm0Saint Paul
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055104
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411397419
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Abdo LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05201 Eden Ave Ste 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Edina
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055436
ReturnHeader/PreparerPersonGrp/PhoneNum09528359090
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven D Anseth CPA
ReturnHeader/ReturnTs02023-05-12T11:00:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Sarah
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Chelbi
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings