STRATEGY STUDIO / PUBLIC DATA EXPLORER

STRIDE ACADEMY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
STRIDE ACADEMY (EIN 20-1161981)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-08
IRS object ID
202411299349301646
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-08T10:55:21-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN471019942PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CREATIVE PLANNING TAX LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112100 MEREDITH DR SUITE 200AddressLine1Txt
CityURBANDALECityNm
State AbbreviationIAStateAbbreviationCd
ZIP50323ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201161981EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STRIDE ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTRIBusinessNameControlTxt
Phone3202305340PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13241 OAKHAM LANEAddressLine1Txt
CityST CLOUDCityNm
State AbbreviationMNStateAbbreviationCd
ZIP56303ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERIC SKANSONPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3202305340PhoneNum
Signature2024-05-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstERICPersonFirstNm
Person LastSKANSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHELLE HEKEL CPAPreparerPersonNm
PTINP01440878PTIN
Phone5157275700PhoneNum
Preparation2024-05-06PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerERIC SKANSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13241 OAKHAM LANEAddressLine1Txt
CityST CLOUDCityNm
State AbbreviationMNStateAbbreviationCd
ZIP56303ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,820,710GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.STRIDEACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionOPERATION OF CHARTER SCHOOL IN ST. CLOUD, MINNESOTA.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee120TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$8,578,539PYContributionsGrantsAmt
CY Contributions Grants$8,573,049CYContributionsGrantsAmt
PY Program Service Revenue$11,726PYProgramServiceRevenueAmt
CY Program Service Revenue$212,026CYProgramServiceRevenueAmt
PY Investment Income$344PYInvestmentIncomeAmt
CY Investment Income-$3,069CYInvestmentIncomeAmt
PY Other Revenue$3,896PYOtherRevenueAmt
CY Other Revenue$21,329CYOtherRevenueAmt
PY Total Revenue$8,594,505PYTotalRevenueAmt
CY Total Revenue$8,803,335CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,428,288PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,658,876CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,854,385PYOtherExpensesAmt
CY Other Expenses$3,545,440CYOtherExpensesAmt
PY Total Expenses$7,282,673PYTotalExpensesAmt
CY Total Expenses$8,204,316CYTotalExpensesAmt
PY Revenues Less Expenses$1,311,832PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$599,019CYRevenuesLessExpensesAmt
Total Assets BOY$4,457,722TotalAssetsBOYAmt
Total Assets EOY$4,983,951TotalAssetsEOYAmt
Total Liabilities BOY$7,086,679TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,502,172TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$2,628,957NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$518,221NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSTRIDE ACADEMY NURTURES INDIVIDUALS WHILE FOSTERING LEADERSHIP AND EMPOWERING STUDENTS TO ATTAIN THEIR HIGHEST POTENTIAL IN A FAMILY-CENTERED ENVIRONMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,196,819ExpenseAmt
Revenue$234,013RevenueAmt
DescSTRIDE ACADEMY IS A PUBLIC CHARTER SCHOOL THAT AIMS TO BE HIGHLY REGARDED FOR ITS APPROACH TO THE WHOLE CHILD, ITS ACADEMIC EXCELLENCE, AND FOR ITS CONTRIBUTION IN ACTIVELY SERVING AND IMPROVING THE COMMUNITY. STRIDE VALUES EFFECTIVE COMMUNITY COLLABORATION, BUILDING A SENSE OF PHYSICAL, SOCIAL, AND EMOTIONAL WELLBEING AMONG STUDENTS, AND POSITIVE AND CULTURALLY RESPONSIVE PRACTICES THAT INCREASE SCHOOL CONNECTEDNESS. STRIDE STRIVES TO TEACH STUDENTS EFFECTIVE CRITICAL THINKING SKILLS, IN ADDITION TO COMPASSIONATE RESPONSES, AND HIGH EMOTIONAL INTELLIGENCE IN ORDER TO FOSTER SUCCESSFUL LEADERS OF TODAY AND OF THE FUTURE. STRIDE ACADEMY OFFERS INDIVIDUALIZED LEARNING THROUGH FOCUSED AND COLLABORATIVE DIFFERENTIATION PROCESSES, INCLUDING DYSLEXIA PROGRAMMING, ENGLISH LANGUAGE SERVICES, AND SOCIAL EMOTIONAL LEARNING INITIATIVES. DURING FY23 STRIDE ACADEMY SERVED 540 STUDENTS.Desc
Total Program Service Expenses$7,196,819TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee120EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CREATIVE PLANNINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9525636800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13800 AMERICAN BLVD WEST SUITE 1000AddressLine1Txt
CityBLOOMINGTONCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554314420ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
SARA FROMM
BOARD CHAIR1.000.00Yes (X)Yes (X)$0$0$0
ANDY LYMAN
VICE CHAIR/TEACHER45.000.00Yes (X)Yes (X)$65,358$0$12,882
HASSAN SHURIYE
MEMBER/TEACHER45.000.00Yes (X)$17,960$0$1,536
KAYLA SILVERBERG
MEMBER/TEACHER45.000.00Yes (X)$53,116$0$8,410
TINA BARAK
MEMBER1.000.00Yes (X)$0$0$0
AARON LUNDBLAD
MEMBER1.000.00Yes (X)$0$0$0
HASSAN YUSSUF
MEMBER (RESIGNED 5/2023)1.000.00Yes (X)$0$0$0
AHMED AHMED
MEMBER (RESIGNED 5/2023)1.000.00Yes (X)$0$0$0
JOE PUNDSACK
TREASURER (RESIGNED 7/2022)1.000.00Yes (X)Yes (X)$0$0$0
ERIC SKANSON
EXECUTIVE DIRECTOR50.001.00Yes (X)$77,907$0$13,344
NATHAN SCHWIETERS
PRINCIPAL45.001.00$107,505$0$19,089Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$321,846TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$55,261TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NEW HORIZON FOOD
PO BOX 860246MINNEAPOLISMN55486SCHOOL LUNCH SERVICE$357,343
ENVIROTECH BUILDING SERVICES
250 SUNDIAL DRIVEWAITE PARKMN56387JANITORIAL SERVICES$148,348
BERGANKDV
PO BOX 735505DALLASTX75373FINANCIAL MANAGEMENT$114,918
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$8,569,323GovernmentGrantsAmt
All Other Contributions$3,726AllOtherContributionsAmt
Total Contributions$8,573,049TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FOOD SALES611710$198,861$198,861
FEES FROM PATRONS611110$8,927$8,927
MEDICAL ASSISTANCE611110$4,238$4,238
FieldValueIRS element (for citing)
Total Program Service Revenue$212,026TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,087TotalRevenueColumnAmt
Exclusion$12,087ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$15,156OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$15,156OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$15,156TotalRevenueColumnAmt
Exclusion-$15,156ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,561GrossSalesOfInventoryAmt
Cost Of Goods Sold$2,219CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$658TotalRevenueColumnAmt
Exclusion-$658ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$21,987TotalRevenueColumnAmt
Related Or Exempt Func Income$21,987RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$21,987OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,803,335TotalRevenueColumnAmt
Related Or Exempt Func Income$234,013RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$3,727ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$378,593TotalAmt
Program Services$217,324ProgramServicesAmt
Management And General$161,269ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,326,278TotalAmt
Program Services$3,088,994ProgramServicesAmt
Management And General$237,284ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$278,767TotalAmt
Program Services$244,925ProgramServicesAmt
Management And General$33,842ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$389,386TotalAmt
Program Services$344,488ProgramServicesAmt
Management And General$44,898ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$285,852TotalAmt
Program Services$243,841ProgramServicesAmt
Management And General$42,011ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$938TotalAmt
Management And General$938ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$141,068TotalAmt
Management And General$141,068ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,041,475TotalAmt
Program Services$1,012,379ProgramServicesAmt
Management And General$29,096ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,987TotalAmt
Program Services$1,350ProgramServicesAmt
Management And General$6,637ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$442,858TotalAmt
Program Services$186,368ProgramServicesAmt
Management And General$256,490ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,338,807TotalAmt
Program Services$1,338,330ProgramServicesAmt
Management And General$477ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$69,597TotalAmt
Program Services$69,597ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$48,203TotalAmt
Program Services$47,731ProgramServicesAmt
Management And General$472ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$56,239TotalAmt
Program Services$55,070ProgramServicesAmt
Management And General$1,169ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$39,885TotalAmt
Program Services$39,885ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
INSTRUCTIONAL SUPPLIES$217,182$217,182
EQUIPT RENTAL & MAINT$83,143$78,283$4,860
DUES & MEMBERSHIPS$50,439$3,453$46,986
FIELD TRIPS$7,619$7,619

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,204,316TotalAmt
Program Services$7,196,819ProgramServicesAmt
Management And General$1,007,497ManagementAndGeneralAmt
Fundraising$0FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$249,020BOYAmt
EOY$250,169EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$726,594BOYAmt
EOY$1,331,616EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,331,338BOYAmt
EOY$1,308,867EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$9,724BOYAmt
EOY$68,500EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$860,338LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$329,818LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$393,062BOYAmt
EOY$530,520EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,747,984BOYAmt
EOY$1,494,279EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,457,722BOYAmt
EOY$4,983,951EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$438,089BOYAmt
EOY$663,859EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$5,609BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$57,142BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,585,839BOYAmt
EOY$4,838,313EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,086,679BOYAmt
EOY$5,502,172EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY-$3,022,019BOYAmt
EOY-$1,048,741EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$393,062BOYAmt
EOY$530,520EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$2,628,957BOYAmt
EOY-$518,221EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,457,722BOYAmt
EOY$4,983,951EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$599,019ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$1,511,717OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$404,348OtherCostOrOtherBasisAmt
Depreciation$128,655DepreciationAmt
Book Value$275,693BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$455,990OtherCostOrOtherBasisAmt
Depreciation$201,163DepreciationAmt
Book Value$254,827BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$530,520TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DEFERRED OUTFLOWS - PENSION$1,370,034
DUE FROM BUILDING COMPANY$124,245
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,494,279TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
NET PENSION LIABILITY$4,211,893
DEFERRED INFLOWS - PENSION$562,353
SEVERANCE PAYABLE$64,067
FieldValueIRS element (for citing)
Total Liability$4,838,313TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACADEMY ALSO QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER APPLICABLE STATUTES OF THE STATE OF MINNESOTA. MANAGEMENT BELIEVES THAT IT IS NOT REASONABLY POSSIBLE FOR ANY TAX POSITION BENEFITS TO INCREASE OR DECREASE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. AS OF JUNE 30, 2023, THERE WERE NO INCOME TAX RELATED ACCRUED INTEREST OR PENALTIES RECOGNIZED IN EITHER THE STATEMENT OF FINANCIAL POSITION OR THE STATEMENT OF ACTIVITIES. THE ACADEMY FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND IN THE MINNESOTA STATE JURISDICTION. U.S. FEDERAL RETURNS AND MINNESOTA RETURNS FOR THE PRIOR THREE YEARS ARE CLOSED. NO RETURNS ARE CURRENTLY UNDER EXAMINATION IN ANY TAX JURISDICTION.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE ACADEMY'S NONDISCRIMINATION POLICY IS PUBLISHED IN ITS PARENT-STUDENT HANDBOOK, IN ITS STAFF HANDBOOK, AND ON ITS WEBSITE.
SCHEDULE E, PART I, LINE 6AS A MN PUBLIC CHARTER SCHOOL, THE ACADEMY RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
KHADRO ABDI
SPOUSE TO BOARD MEMBER AHMED AHMED$21,803PAYROLL0
AMINA WARFA
SPOUSE TO BOARD MEMBER HASSAN YUSSUF$13,386PAYROLL0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE L, PART IVFormAndLineReferenceDesc
ExplanationALL TRANSACTIONS FOR RELATED PARTY PAYROLL ARE COMPENSATED AT FMV.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7AAS PER MN STATUTE 124E.07, STAFF MEMBERS EMPLOYED AT THE SCHOOL, INCLUDING TEACHERS PROVIDING INSTRUCTION UNDER A CONTRACT, MEMBERS OF THE BOARD OF DIRECTORS, AND ALL PARENTS OR LEGAL GUARDIANS OF CHILDREN ENROLLED IN THE SCHOOL ARE THE VOTERS ELIGIBLE TO ELECT THE MEMBERS OF THE SCHOOLS BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD.
FORM 990, PART VI, SECTION B, LINE 11BTHE RETURN IS REVIEWED BY THE DIRECTOR AND BUSINESS MANAGER PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE ACADEMY'S CONFLICT OF INTEREST POLICY APPLIES TO ITS DIRECTORS AND OFFICERS. DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY KNOWN OR POTENTIAL CONFLICTS OF INTEREST IN WRITING TO THE BOARD OF DIRECTORS PRIOR TO THE TIME SET FOR VOTING ON ANY SUCH TRANSACTION. THE INDIVIDUAL WITH A CONFLICT MAY NOT ATTEMPT TO INFLUENCE THE DECISIONS OF OTHER DIRECTORS IN VOTING ON THE MATTER AND MAY NOT BE PRESENT DURING A VOTE ON THE MATTER. THE SITUATION IS DOCUMENTED IN THE BOARD MINUTES. FAILURE TO BRING NOTICE OF A POTENTIAL CONFLICT OF INTEREST TO THE ATTENTION OF THE BOARD MAY CONSTITUTE CAUSE FOR REMOVAL OF THE INDIVIDUAL FROM THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15DETERMINATION OF THE COMPENSATION OF ALL EMPLOYEES INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION IN THE BOARD MINUTES. THIS PROCESS INCLUDED THE EXECUTIVE DIRECTOR.
FORM 990, PART VI, SECTION C, LINE 19THE ACADEMY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VII, SECTION A:PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE LICENSED TEACHERS AS MEMBERS OF THE BOARD OF DIRECTORS. ANDY LYMAN, KAYLA SILVERBERG, AND HASSAN SHURIYE ARE BOARD MEMBERS BUT RECEIVE COMPENSATION FOR THEIR SERVICES AS TEACHERS.
FORM 990, PART IX, LINE 11GOTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 518,938. MANAGEMENT AND GENERAL EXPENSES 29,096. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 548,034. FOOD SERVICE: PROGRAM SERVICE EXPENSES 398,313. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 398,313. STUDENT TRANSPORTATION: PROGRAM SERVICE EXPENSES 95,128. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,128.
FORM 990, PART X, LINE 25:PENSION LIABILITIES, DEFERRED OUTFLOWS & INFLOWS PENSION: AS A CHARTER SCHOOL IN THE STATE OF MINNESOTA, PARTICIPATION IN TWO MULTIPLE-EMPLOYER, COST-SHARING DEFINED BENEFIT PENSION PLANS IS STATUTORILY REQUIRED. THE SCHOOL'S CONTRIBUTIONS TO THE PLANS ARE ALSO REGULATED BY STATUTE AND ARE BASED ON A PERCENTAGE OF SALARIES AND WAGES EARNED BY CURRENT EMPLOYEES. THEREFORE, WHILE THE NET PENSION LIABILITY, DEFERRED OUTFLOWS AND INFLOWS, ARE REPORTED ON THE SCHOOL'S STATEMENT OF NET POSITION, THE SCHOOL IS NOT IN A POSITION TO DIRECTLY CONTROL THE LIABILITIES OR THE SUBSEQUENT LIQUIDATION OF THE LIABILITIES.
FORM 990, PART XI, LINE 9:PENSION ADJUSTMENT 1,511,717.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1STRIDE ACADEMY BUILDING COMPANYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13241 OAKHAM LNAddressLine1Txt
CityST CLOUDCityNm
State AbbreviationMNStateAbbreviationCd
ZIP56301ZIPCd
FieldValueIRS element (for citing)
EIN300881418EIN
Primary ActivitiesRENTAL PROPERTYPrimaryActivitiesTxt
Legal Domicile StateMNLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1STRIDE ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
STRIDE ACADEMY BUILDING COMPANY
K$1,275,672LEASE AGREEMENT
STRIDE ACADEMY BUILDING COMPANY
D$124,245YEAR-END BALANCE