STRATEGY STUDIO / PUBLIC DATA EXPLORER

PARNASSUS PREPARATORY SCHOOL: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
PARNASSUS PREPARATORY SCHOOL (EIN 27-1088745)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-29
IRS object ID
202421209349300107
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)
Return2024-04-29T11:33:22-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN920370318PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1REDPATH AND COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14810 WHITE BEAR PARKWAYAddressLine1Txt
CityWHITE BEAR LAKECityNm
State AbbreviationMNStateAbbreviationCd
ZIP55110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271088745EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PARNASSUS PREPARATORY SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPARNBusinessNameControlTxt
Phone7634961416PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111201 96TH AVENUE NORTHAddressLine1Txt
CityMAPLE GROVECityNm
State AbbreviationMNStateAbbreviationCd
ZIP55369ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCONSTANCE FORDPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7634961416PhoneNum
Signature2024-03-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCONSTANCEPersonFirstNm
Person LastFORDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonASHLEY REHN CPAPreparerPersonNm
PTINP00965922PTIN
Phone6514267000PhoneNum
Preparation2024-03-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
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 OfficerCONSTANCE FORDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111201 96TH AVENUE NORTHAddressLine1Txt
CityMAPLE GROVECityNm
State AbbreviationMNStateAbbreviationCd
ZIP55369ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,100,899GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PARNASSUSPREP.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionPROVIDES A CLASSICAL EDUCATION EMPHASIZING INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee163TotalEmployeeCnt
Total Volunteers75TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$16,052,860PYContributionsGrantsAmt
CY Contributions Grants$16,646,539CYContributionsGrantsAmt
PY Program Service Revenue$172,001PYProgramServiceRevenueAmt
CY Program Service Revenue$363,795CYProgramServiceRevenueAmt
PY Investment Income-$3,931PYInvestmentIncomeAmt
CY Investment Income$74,702CYInvestmentIncomeAmt
PY Other Revenue$18,799PYOtherRevenueAmt
CY Other Revenue$5,483CYOtherRevenueAmt
PY Total Revenue$16,239,729PYTotalRevenueAmt
CY Total Revenue$17,090,519CYTotalRevenueAmt
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$8,665,287PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,276,093CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,140,480PYOtherExpensesAmt
CY Other Expenses$6,776,344CYOtherExpensesAmt
PY Total Expenses$15,805,767PYTotalExpensesAmt
CY Total Expenses$16,052,437CYTotalExpensesAmt
PY Revenues Less Expenses$433,962PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,038,082CYRevenuesLessExpensesAmt
Total Assets BOY$11,987,253TotalAssetsBOYAmt
Total Assets EOY$13,536,734TotalAssetsEOYAmt
Total Liabilities BOY$13,327,311TotalLiabilitiesBOYAmt
Total Liabilities EOY$11,894,630TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$1,340,058NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,642,104NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF PARNASSUS PREPARATORY SCHOOL IS TO PROVIDE STUDENTS WITH A CLASSICAL EDUCATION, GROUNDED IN THE CLASSICAL TRIVIUM, THAT DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$14,097,829ExpenseAmt
Grant$0GrantAmt
Revenue$365,256RevenueAmt
DescPARNASSUS PREPARATORY SCHOOL SERVES A HIGHLY DIVERSE GROUP OF STUDENTS FROM AROUND THE NORTHWEST SUBURBS OF THE TWIN CITIES AND DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT. THE SCHOOL'S ACADEMIC PROGRAM IS STRUCTURED THROUGH A CLASSICAL EDUCATION FRAMEWORK THAT IS CENTERED ON THE LIBERAL ARTS. PARNASSUS' PROGRAM ENGAGES STUDENTS IN LATIN, GREEK, ENGLISH LITERATURE, MATHEMATICS, SCIENCES, FORMAL LOGIC, PHILOSOPHY, SPANISH, HISTORY, GEOGRAPHY, ART HISTORY, MUSIC, ARTS, AND THE LIKE.Desc
Total Program Service Expenses$14,097,829TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
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 Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee163EmployeeCnt
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 Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
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 Line1BERGANKDVBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6514632233PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13800 AMERICAN BLVD W SUITE 1000AddressLine1Txt
CityBLOOMINGTONCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55431ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
BARBARA ROSE
DIRECTOR AND EMPLOYEE40.00Yes (X)$64,116$0$15,936
GREGORY FRIESS
BOARD CHAIR AND TREASURER10.00Yes (X)$0$0$0Yes (X)
KENNETH ZIGRINO
BOARD SECRETARY10.00Yes (X)$0$0$0Yes (X)
RAVI SHANDBHAG
DIRECTOR10.00Yes (X)$0$0$0
BENJAMIN ARK
DIRECTOR10.00Yes (X)$0$0$0
CONSTANCE FORD
EXECUTIVE DIRECTOR50.00$147,000$0$24,089Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$211,116TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$40,025TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NORTHSTAR BUS LINES LLC
1830 RADISSON RD NEBLAINEMN55449STUDENT TRANSPORTATION$836,587
CKC GOOD FOOD
PO BOX 431419MINNEAPOLISMN55443FOOD SERVICE PROGRAM$721,027
THE VENDOR SOLUTION LLC
506 REDPOLL AVENUE SOUTHEASTNEW PRAGUEMN56071BUILDING MAINTENANCE$280,973
SYAND CORPORATION
2999 W COUNTY RD 42 STE 226BURNSVILLEMN55306IT SUPPORT$157,364
BERGANKDV OUTSOURCED SERVICES
3800 AMERICAN BLVD W SUITE 1000BLOOMINGTONMN55431ACCOUNTING SERVICES$130,114
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
Fundraising$2,870FundraisingAmt
Government Grants$16,018,747GovernmentGrantsAmt
All Other Contributions$624,922AllOtherContributionsAmt
Noncash Contributions$116NoncashContributionsAmt
Total Contributions$16,646,539TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAM FEES611600$230,165$230,165
FOOD SALES611710$127,524$127,524
ADMISSIONS611600$6,106$6,106
FieldValueIRS element (for citing)
Total Program Service Revenue$363,795TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$74,702TotalRevenueColumnAmt
Exclusion$74,702ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$8,092FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$2,870ContriRptFundraisingEventAmt
Fundraising Direct Expenses$4,070FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,022TotalRevenueColumnAmt
Exclusion$4,022ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$7,771GrossSalesOfInventoryAmt
Cost Of Goods Sold$6,310CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,461TotalRevenueColumnAmt
Related Or Exempt Func Income$1,461RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,090,519TotalRevenueColumnAmt
Related Or Exempt Func Income$365,256RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$78,724ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$275,891TotalAmt
Program Services$85,294ProgramServicesAmt
Management And General$190,597ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,821,716TotalAmt
Program Services$6,217,587ProgramServicesAmt
Management And General$604,129ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$669,845TotalAmt
Program Services$596,400ProgramServicesAmt
Management And General$73,445ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$971,527TotalAmt
Program Services$795,006ProgramServicesAmt
Management And General$176,521ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$537,114TotalAmt
Program Services$472,656ProgramServicesAmt
Management And General$64,458ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,968,087TotalAmt
Program Services$1,642,016ProgramServicesAmt
Management And General$326,071ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$406,137TotalAmt
Program Services$174,276ProgramServicesAmt
Management And General$231,861ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$224,413TotalAmt
Program Services$159,617ProgramServicesAmt
Management And General$64,796ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,616,122TotalAmt
Program Services$2,458,071ProgramServicesAmt
Management And General$158,051ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$144,644TotalAmt
Program Services$137,777ProgramServicesAmt
Management And General$6,867ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$234,590TotalAmt
Program Services$220,951ProgramServicesAmt
Management And General$13,639ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$65,424TotalAmt
Program Services$65,424ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD$667,946$666,990$956
INSTRUCTIONAL MATERIALS$187,276$187,276
SMALL EQUIPMENT$135,918$127,417$8,501
DUES & SUBSCRIPTIONS$48,011$13,295$34,716

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$77,776TotalAmt
Program Services$77,776ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$16,052,437TotalAmt
Program Services$14,097,829ProgramServicesAmt
Management And General$1,954,608ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,723,831BOYAmt
EOY$3,393,659EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,538,300BOYAmt
EOY$1,571,571EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,633,720BOYAmt
EOY$2,087,545EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$148,484BOYAmt
EOY$144,759EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,549,197LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$948,353LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,765,608BOYAmt
EOY$1,600,844EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,177,310BOYAmt
EOY$4,738,356EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,987,253BOYAmt
EOY$13,536,734EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,718,368BOYAmt
EOY$1,680,076EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$15,220BOYAmt
EOY$3,865EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,593,723BOYAmt
EOY$10,210,689EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,327,311BOYAmt
EOY$11,894,630EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY-$3,105,666BOYAmt
EOY$41,260EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$1,765,608BOYAmt
EOY$1,600,844EOYAmt

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-$1,340,058BOYAmt
EOY$1,642,104EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,987,253BOYAmt
EOY$13,536,734EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,038,082ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$1,944,080OtherChangesInNetAssetsAmt
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 RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,097,191OtherCostOrOtherBasisAmt
Depreciation$318,577DepreciationAmt
Book Value$778,614BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,452,006OtherCostOrOtherBasisAmt
Depreciation$629,776DepreciationAmt
Book Value$822,230BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,600,844TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED OUTFLOWS OF RESOURCESDesc
Book Value$4,738,356BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,738,356TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED INFLOWS OF RESOURCES$8,292,730
PENSION LIABILITY LT$1,917,959
FieldValueIRS element (for citing)
Total Liability$10,210,689TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationA TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE SCHOOL AND BUILDING COMPANY HAVE NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD.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 SCHOOL PUBLICIZES IN THEIR BROCHURES AND ENROLLMENT LITERATURE. THEIR ADMISSIONS POLICY IS PRINTED ON THEIR WEBSITE: PARNASSUS SEEKS TO ENROLL A DIVERSE AND REPRESENTATIVE STUDENT BODY, WELCOMING APPLICANTS REGARDLESS OF RACE, ETHNICITY, SOCIO-ECONOMIC STATUS, GENDER, SPECIAL NEEDS OR ENGLISH AS A SECOND LANGUAGE STATUS.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCONSTANCE FORDPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$147,000BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$12,954DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$11,135NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$171,089TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonSHAWN FORDPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionSPOUSE OF EXECUTIVE DIRECTORRelationshipDescriptionTxt
Transaction$88,824TransactionAmt
TransactionPAID EMPLOYEETransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO SUCH COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD.
FORM 990, PART VI, SECTION B, LINE 11BTAX ORGANIZER IS PREPARED BY BERGANKDV (FINANCIAL MANAGER), THE DRAFT 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE AND THEN SENT TO THE BOARD FOR REVIEW AND APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT AS A CONDITION OF SERVICE ON THE BOARD. THIS IS CURRENTLY DONE ONCE PER TERM OF THE MEMBER. EACH BOARD MEMBER PROVIDES A SIGNED CONFLICT OF INTEREST FORM AS PART OF OUR ANNUAL AUDIT.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY EXAMINING THE PAY OF SIMILAR POSITIONS IN OTHER CHARTER SCHOOLS. EXECUTIVE DIRECTOR COMPENSATION IS APPROVED BY THE BOARD AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. COMPENSATION OF ALL OTHER EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR. COMPENSATION IS ALSO REVIEWED BY OUR FINANCE COMMITTEE. THIS COMMITTEE DOES NOT HAVE ANY EXECUTIVE AUTHORITY AND IS DESIGNED TO PROVIDE SUPPORT TO SCHOOL ADMINISTRATION AND THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19THESE ITEMS ARE ALL PUBLIC AND ARE KEPT ON FILE AT THE SCHOOL OFFICES AND CAN BE REVIEWED UPON REQUEST.
FORM 990, PART IX, LINE 11GSPECIAL EDUCATION: PROGRAM SERVICE EXPENSES 148,109. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 148,109. OTHER FEES: PROGRAM SERVICE EXPENSES 109,677. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109,677. TRANSPORTATION: PROGRAM SERVICE EXPENSES 996,937. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 996,937. CONSULTING FEES: PROGRAM SERVICE EXPENSES 387,293. MANAGEMENT AND GENERAL EXPENSES 326,071. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 713,364.
FORM 990, PART XI, LINE 9:CHANGE IN PERA & TRA 1,944,080.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PARNASSUS BUILDING COMPANYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line111201 96TH AVENUE NORTHAddressLine1Txt
CityMAPLE GROVECityNm
State AbbreviationMNStateAbbreviationCd
ZIP55369ZIPCd
FieldValueIRS element (for citing)
EIN825253891EIN
Primary ActivitiesLEASE OF FACILITIESPrimaryActivitiesTxt
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 Line1PARNASSUS PREPARATORY SCHOOLBusinessNameLine1Txt
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 Org0LoansOrGuaranteesToOtherOrgInd
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 Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PARNASSUS BUILDING COMPANYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeKTransactionTypeTxt
Involved$2,100,000InvolvedAmt
Method Of Amount DeterminationRENT PAIDMethodOfAmountDeterminationTxt