Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
46th percentile
Higher top officer pay than 46% of similar nonprofits.
Top officer pay equals 3.3% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Assets
Up$624,612
Up $279,446 (+81%) from 2022
Net Assets
Down$66,434
Down $226,301 (-77%) from 2022
Liabilities
Up$558,178
Up $505,747 (+965%) from 2022
Revenue
Up$1,356,101
Up $72,922 (+5.7%) from 2022
Expenses
Up$1,582,402
Up $591,958 (+60%) from 2022
Net Income
Down-$226,301
Down $519,036 (-177%) from 2022
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.
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 personaland community accountability, creativity, diversity, critical 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 studentsfor greater understanding of profound issues through collaboration, critical thinking and problem solving. We believe this is possible when learning is done with purpose.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $101,263 | $223,847 | ▲ $122,584 |
| Cash and Non-Interest-Bearing Accounts | $111,582 | $126,047 | ▲ $14,465 |
| Pledges and Grants Receivable | $68,665 | $87,378 | ▲ $18,713 |
| Land, Buildings, and Equipment, Net | $0 | $72,131 | ▲ $72,131 |
| Prepaid Expenses and Deferred Charges | $47,477 | - | - |
| Total Assets | $345,166 | $624,612 | ▲ $279,446 |
| Other Assets Total | $16,179 | $115,209 | ▲ $99,030 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $52,431 | $247,297 | ▲ $194,866 |
| Other Liabilities | $0 | $223,597 | ▲ $223,597 |
| Deferred Revenue | - | $87,284 | - |
| Total Liabilities | $52,431 | $558,178 | ▲ $505,747 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $14,995 | $72,131 | ▲ $57,136 |
| Net Assets Without Donor Restrictions | $277,740 | $-5,697 | ▼ $283,437 |
| Total Net Assets Fund Balance | $292,735 | $66,434 | ▼ $226,301 |
| Total Liabilities and Net Assets / Fund Balance | $345,166 | $624,612 | ▲ $279,446 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $72,131 | $9,881 | $82,012 |
| Other Assets Org | $115,209 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Makia Jama | Member/Teacher | FT | $39,658 | $4,584 | $44,242 |
| Name | Title |
|---|---|
| Sarah Chebli | Chair |
| Hamada Aboubakr | Vice Chair |
| Amina Adan | Executive Director |
| Maryam Arab | Secretary |
| Mahdi Nur | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Pride Transportation | Transportation | 45 Ivy Avenue W, St Paul, MN 55117 | $137,137 |
| Students Prepared to Succeed | Charter Management Organization Service | 2303 Wycliff Street Suite W-100, St Paul, MN 55114 | $130,070 |
| Line Item | Amount |
|---|---|
| Other Expenses | $953,937 |
| Salaries, Compensation, and Employee Benefits | $628,465 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $133,707 | $185,608 | - | $319,315 |
| Other Salaries and Wages | $311,666 | $7,036 | - | $318,702 |
| Travel | $249,542 | - | - | $249,542 |
| Pension Plan Contributions | $147,467 | $22,207 | - | $169,674 |
| Occupancy | $127,479 | - | - | $127,479 |
| Information Technology | $66,937 | $8,698 | - | $75,635 |
| Other Employee Benefits | $71,374 | $2,148 | - | $73,522 |
| Current Officers, Directors, Trustees, and Key Employees | $35,310 | $797 | - | $36,107 |
| Payroll Taxes | $28,875 | $1,585 | - | $30,460 |
| Fees for Services Accounting | - | $22,300 | - | $22,300 |
| Depreciation Depletion | $6,335 | $3,546 | - | $9,881 |
| Other Expenses | $8,291 | $8,097 | - | $8,291 |
| Insurance | $3,980 | - | - | $3,980 |
| Total Functional Expenses | $1,307,274 | $275,128 | $0 | $1,582,402 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,582,402 |
| Total Expenses per Form 990 | $1,582,402 |
| Total Expenses per Audited Statements | $1,572,972 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $-9,430 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net pension liability | $223,597 |
“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.”
“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.”
“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.”
“Compensation is set by the Board of Directors based on the position, market, and experience.”
“The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“Consultation fees : Program service expenses 20,792. Management and general expenses 117,481. Fundraising expenses 0. Total expenses 138,273. Contracted Services: Program service expenses 112,915. Management and general expenses 68,127. Fundraising expenses 0. Total expenses 181,042.”
“The process has not changed from the prior year.”
“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 30, 2023. The Association's tax returns are subject to possible examination by the taxing authorities.”
“Negative pension expense reclassified to revenues”
“Negative pension expense reclassified to revenues”
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 | 52431 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 247297 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 101263 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 223847 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | 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 personaland community accountability, creativity, diversity, critical 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 studentsfor greater understanding of profound issues through collaboration, critical thinking and problem solving. We believe this is possible when learning is done with purpose. |
| IRS990/AllOtherContributionsAmt | 0 | 2500 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | EdFin MN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6512368280 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2303 Wycliff St Suite W-100 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | St Paul |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55114 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 111582 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 126047 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 797 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 35310 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 36107 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 137137 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 130070 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 45 Ivy Avenue W |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 2303 Wycliff Street Suite W-100 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | St Paul |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | St Paul |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | MN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 55117 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 55114 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | Pride Transportation |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | Students Prepared to Succeed |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Transportation |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Charter Management Organization Service |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1344566 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 953937 |
| IRS990/CYOtherRevenueAmt | 0 | 11398 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 137 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -226301 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 628465 |
| IRS990/CYTotalExpensesAmt | 0 | 1582402 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1356101 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 87284 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 3546 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 6335 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 9881 |
| IRS990/Desc | 0 | In Steam's second 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 students it serves. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 14995 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 72131 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 17 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1307274 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 22300 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 22300 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 185608 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 133707 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 319315 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 4584 |
| 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 | Makia Jama |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Sarah Chebli |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Hamada Aboubakr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Mahdi Nur |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Maryam Arab |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Amina Adan |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 39658 |
| 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/Teacher |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Vice Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Executive Director |
| 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 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 1342066 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1356101 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 8698 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 66937 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 75635 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3980 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3980 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 9881 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 72131 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 82012 |
| 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 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 292735 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 66434 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 277740 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -5697 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 127479 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 127479 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 16179 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 115209 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 2148 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 71374 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 73522 |
| IRS990/OtherExpensesGrp/Desc | 0 | Food |
| IRS990/OtherExpensesGrp/Desc | 1 | Supplies |
| IRS990/OtherExpensesGrp/Desc | 2 | Dues and memberships |
| IRS990/OtherExpensesGrp/Desc | 3 | Equipment |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 470 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 12636 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 8097 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 76124 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 37267 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2920 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 8291 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 76594 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 49903 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 11017 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 8291 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 223597 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Pension Revenue |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 11398 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 11398 |
| IRS990/OtherRevenueTotalAmt | 0 | 11398 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 7036 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 311666 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 318702 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1585 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 28875 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 30460 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 22207 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 147467 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 169674 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 68665 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 87378 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 47477 |
| IRS990/PrincipalOfficerNm | 0 | Sarah Chebli |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Lunches |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 137 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 137 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
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| IRS990/PYTotalRevenueAmt | 0 | 1283179 |
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| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
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| IRS990/RevenueAmt | 0 | 137 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
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| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Deferred pension resources |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Net pension liability |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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 30, 2023. The Association's tax returns are subject to possible examination by the taxing authorities. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | Negative pension expense reclassified to revenues |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | Negative pension expense reclassified to revenues |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part XI, Line 4b - Other Adjustments: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part XII, Line 2d - Other Adjustments: |
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| 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 |
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| 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 | Policies are posted on the website and send to MDE yearly along with Charter School Assurances. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | The school receives federal and state funding. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Line 6 - Explanation of Government Financial Aid: |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Compensation is set by the Board of Directors based on the position, market, and experience. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Consultation fees : Program service expenses 20,792. Management and general expenses 117,481. Fundraising expenses 0. Total expenses 138,273. Contracted Services: Program service expenses 112,915. Management and general expenses 68,127. Fundraising expenses 0. Total expenses 181,042. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The process has not changed from the prior year. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part IX, line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part XII, Line 2c: |
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| IRS990/USAddress/AddressLine1Txt | 0 | 4100 66th Street East |
| IRS990/USAddress/CityNm | 0 | Inver Grove Heights |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.78 | $0.87 | $0.09 | $1.23 | $1.39 | $0.15 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.62 | $0.56 | $0.07 | $1.36 | $1.58 | $0.23 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.35 | $0.05 | $0.29 | $1.28 | $0.99 | $0.29 |