MINNEHAHA ACADEMY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MINNEHAHA ACADEMY (EIN 41-0693870)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-07
- IRS object ID
- 201400389349300500
- Schema version
- 2012v2.3
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-07T06:22:06-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITEWATER TAX & CONSULTING INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 610 | AddressLine1 |
| City | DODGE CENTER | City |
| State | MN | State |
| ZIP Code | 559270610 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410693870 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNEHAHA ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MINN | NameControl |
| Phone | 6127298321 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3100 WEST RIVER PARKWAY | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 554062398 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAN BOWLES | Name |
| Title | DIR OF FINANCE & BUSINESS OPS | Title |
| Phone | 6127298321 | Phone |
| Date Signed | 2014-02-07 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM A NIETZ | Name |
| Phone | 5072850398 | Phone |
| Date Prepared | 2014-02-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DAN BOWLES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3100 WEST RIVER PARKWAY | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 554062398 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 18204794 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MINNEHAHAACADEMY.NET | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1905 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | MINNEHAHA ACADEMY'S PRIMARY PURPOSE IS TO PROVIDE A HIGH QUALITY EDUCATION TO STUDENTS IN PRE-SCHOOL TO GRADE 12 INTEGRATING CHRISTIAN FAITH AND LEARNING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 352 | TotalNbrEmployees |
| Total Nbr Volunteers | 900 | TotalNbrVolunteers |
| Total Gross UBI | 23330 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -4521 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1345173 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2826663 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 15579355 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 15130948 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 184660 | InvestmentIncomePriorYear |
| Investment Income Current Year | 133410 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 97365 | OtherRevenuePriorYear |
| Other Revenue Current Year | 85261 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 17206553 | TotalRevenuePriorYear |
| Total Revenue Current Year | 18176282 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1860364 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1783384 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10704138 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 9545093 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 164000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 722751 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5185941 | OtherExpensePriorYear |
| Other Expenses Current Year | 6063342 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 17750443 | TotalExpensesPriorYear |
| Total Expenses Current Year | 17555819 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -543890 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 620463 | RevenuesLessExpensesCY |
| Total Assets BOY | 40060097 | TotalAssetsBOY |
| Total Assets EOY | 41272065 | TotalAssetsEOY |
| Total Liabilities BOY | 15801919 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15107260 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 24258178 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 26164805 | NetAssetsOrFundBalancesEOY |
| Mission Description | MINNEHAHA ACADEMY'S PRIMARY PURPOSE IS TO PROVIDE A HIGH QUALITY EDUCATION TO STUDENTS IN PRE-SCHOOL TO GRADE 12 INTEGRATING CHRISTIAN FAITH AND LEARNING. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 15635357 | Expense |
| Grants | 1783384 | Grants |
| Description | MINNEHAHA ACADEMY IS A PRESCHOOL THROUGH GRADE 12 SCHOOL SERVING STUDENTS THROUGHOUT THE MINNEAPOLIS AND ST. PAUL AREA. ENROLLMENT IN 2012-2013 WAS 893 STUDENTS. IN SUPPORT OF ITS COMMITMENT TO CULTURAL AND SOCIOECONOMIC DIVERSITY AS BEING AN ESSENTIAL PART OF ITS EDUCATIONAL GOALS, THE SCHOOL GRANTED 1,783,384 IN FINANCIAL AID TO 227 STUDENTS. | Description |
| Total Program Service Expense | 15635357 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 30 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 352 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DAN BOWLES | NamePerson |
| Telephone Number | 6127298321 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3100 WEST RIVER PARKWAY | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55406 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| MARK STROMBERG | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JOHN DOUGLASS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JOHN AHLQUIST | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| KELLY GRIFFIN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| NORMAN HAGFORS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JOHN JACOBI | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JOHN FOLEY | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| LEAH MCLEAN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| TOM JOHNSON | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| GWEN PETERS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JEFFREY POPE | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| PATRICK SIMMONS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CAROL SUNDET-MEEKER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| THOMAS VERDOORN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JIM LUNDELL | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JANE MATHESON | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| KATHY PARTEN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| TROY LUCHT | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| TODD NELSON | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| NATHAN SONSTEGARD | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CLARKE TUNGSETH | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| POLLY WRIGHT | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DONNA HARRIS | ||||||
| PRESIDENT | 50.00 | 189772 | 0 | 39815 | X | |
| DANIEL BOWLES | ||||||
| DIR OF FINAN | 50.00 | 36252 | 0 | 10022 | X | |
| LOUISE WILSON | ||||||
| VICE CHAIR | 2.00 | 0 | 0 | 0 | X | |
| KAY SORVIK | ||||||
| SECRETARY | 2.00 | 0 | 0 | 0 | X | |
| ALAN BERGSTROM | ||||||
| TREASURER | 2.00 | 0 | 0 | 0 | X | |
| DAVID ANDERSON | ||||||
| CHAIR | 2.00 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 226024 | TotalReportableCompFromOrg |
| Total Other Compensation | 49837 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MONARCH BUS SERVICE INC | |||||
| 101 EAST 10TH ST SUITE 300 | HASTINGS | MN | 55033 | BUSING SERVICE | 249941 |
| FIRST STUDENT INC | |||||
| 22157 NETWORK PLACE | CHICAGO | IL | 60673 | BUSING SERVICE | 244178 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 14828 | FundraisingEvents |
| All Other Contributions | 2811835 | AllOtherContributions |
| Noncash Contributions | 85844 | NoncashContributions |
| Total Contributions | 2826663 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Business CodeBusinessCode | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION AND FEES | 13792435 | 13792435 | ||
| AUXILIARY ACTIVITIES | 969126 | 969126 | ||
| TRANSPORTATION | 283398 | 283398 | ||
| OTHER SCHOOL INCOME | 62659 | 62659 | ||
| ADULT ICE ARENA SERVICES | 23330 | 713940 | 23330 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 15130948 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 133410 | TotalRevenueColumn |
| Exclusion | $133,410 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 113773 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 14828 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 28512 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 85261 | TotalRevenueColumn |
| Exclusion | $85,261 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18176282 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15107618 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 23330 | UnrelatedBusinessRevenue |
| Exclusion | $218,671 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1783384 | Total |
| Program Services | 1783384 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 283077 | Total |
| Program Services | 86462 | ProgramServices |
| Management And General | 144615 | ManagementAndGeneral |
| Fundraising | 52000 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7366080 | Total |
| Program Services | 6526546 | ProgramServices |
| Management And General | 603801 | ManagementAndGeneral |
| Fundraising | 235733 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 151292 | Total |
| Program Services | 134049 | ProgramServices |
| Management And General | 12401 | ManagementAndGeneral |
| Fundraising | 4842 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1179563 | Total |
| Program Services | 1045125 | ProgramServices |
| Management And General | 96689 | ManagementAndGeneral |
| Fundraising | 37749 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 565081 | Total |
| Program Services | 500678 | ProgramServices |
| Management And General | 46319 | ManagementAndGeneral |
| Fundraising | 18084 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11779 | Total |
| Management And General | 11779 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25000 | Total |
| Management And General | 25000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 164000 | Total |
| Fundraising | 164000 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42889 | Total |
| Program Services | 32167 | ProgramServices |
| Management And General | 10722 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 721709 | Total |
| Program Services | 721709 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1124568 | Total |
| Program Services | 1111822 | ProgramServices |
| Management And General | 12746 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| TUITION REMISSION | 990660 | 877751 | 81205 | 31704 |
| AUXILIARY ACTIVITIES | 696067 | 696067 | ||
| OTHER GENL INST EXPENSE | 541363 | 475585 | 64154 | 1624 |
| TRANSPORTATION | 498791 | 498791 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1410516 | Total |
| Program Services | 1145221 | ProgramServices |
| Management And General | 88280 | ManagementAndGeneral |
| Fundraising | 177015 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17555819 | Total |
| Program Services | 15635357 | ProgramServices |
| Management And General | 1197711 | ManagementAndGeneral |
| Fundraising | 722751 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1163 | BOY |
| EOY | 1216 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2978371 | BOY |
| EOY | 3713885 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1318741 | BOY |
| EOY | 2111613 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 836738 | BOY |
| EOY | 622981 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28647 | BOY |
| EOY | 14897 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78641 | BOY |
| EOY | 118059 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 42499007 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14606658 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28724100 | BOY |
| EOY | 27892349 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7778353 | BOY |
| EOY | 7978022 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -1684657 | BOY |
| EOY | -1180957 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40060097 | BOY |
| EOY | 41272065 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55427 | BOY |
| EOY | 119455 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5245477 | BOY |
| EOY | 4990004 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10501015 | BOY |
| EOY | 9997801 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15801919 | BOY |
| EOY | 15107260 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18040459 | BOY |
| EOY | 18671632 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1830318 | BOY |
| EOY | 1435405 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4387401 | BOY |
| EOY | 6057768 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24258178 | BOY |
| EOY | 26164805 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40060097 | BOY |
| EOY | 41272065 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 620463 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1286164 | ReconciliationUnrealizedInvest |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4387401 | BeginningOfYearBalance |
| Contributions | 1670367 | Contributions |
| End Of Year Balance | 6057768 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4076037 | BeginningOfYearBalance |
| Contributions | 311364 | Contributions |
| End Of Year Balance | 4387401 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3709089 | BeginningOfYearBalance |
| Contributions | 366948 | Contributions |
| End Of Year Balance | 4076037 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3632104 | BeginningOfYearBalance |
| Contributions | 76985 | Contributions |
| End Of Year Balance | 3709089 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1092952 | OtherCostOrOtherBasis |
| Book Value | 1092952 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 38139785 | OtherCostOrOtherBasis |
| Depreciation | 11838479 | Depreciation |
| Book Value | 26301306 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3266270 | OtherCostOrOtherBasis |
| Depreciation | 2768179 | Depreciation |
| Book Value | 498091 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 27892349 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (8 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| 2001 BOND ISSUE | $7,715,000 |
| PREPAID TUITION | $971,261 |
| ACCRUED SALARIES | $456,995 |
| ACCRUED SICK PAY | $289,980 |
| AGENCY DEPOSITS | $270,186 |
| CAPTIAL LEASES PAYABLE | $207,966 |
| OTHER ACCRUED EXPENSES | $43,253 |
| CONTRACTS PAYABLE | $43,160 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 9997801 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 16716914 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1286164 | NetUnrealizedGainsInvestments |
| Other Revenues | -2745532 | OtherRevenues |
| Revenue Not Rptd F990 | -1459368 | RevenueNotRptdF990 |
| Revenue Subtotal | 18176282 | RevenueSubtotal |
| Total Revenue Per Form990 | 18176282 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14810287 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -2745532 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -2745532 | ExpensesNotRptdF990 |
| Expenses Subtotal | 17555819 | ExpensesSubtotal |
| Total Expenses Per Form990 | 17555819 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| INTENDED USES FOR ENDOWMENT FUNDS | SCHEDULE D, PAGE 2, PART V, LINE 4 | THE INTENDED USES OF THE ENDOWMENT FUNDS INCLUDE THE FOLLOWING: FINANCIAL AID; GENERAL OPERATIONS; LIBRARY; MUSIC; AND PROFESSIONAL GROWTH. WHEN EARNINGS ARE USED, THEY ARE USED BASED ON THE DONOR'S DIRECTIONS. |
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 2D | SPECIAL EVENT EXPENSES 28,512 FINANCIAL AID & TUITION REMISSION -2,774,044 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | SPECIAL EVENT EXPENSES 28,512 FINANCIAL AID & TUITION REMISSION -2,774,044 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION | Identifier |
| Return Reference | SCHEDULE E LINE 3 | ReturnReference |
| Explanation | MINNEHAHA ACADEMY DESCRIBES ITS NONDISCRIMINATORY POLICY IN THE STUDENT HANDBOOK PASSED OUT ON THE FIRST DAY OF SCHOOL AND IS ALSO AVAILABLE ON OUR WEBSITE | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | MISSION ADVANCEMENT PROFESSIONALS | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4100 WEST ELDORADO PARKWAY | AddressLine1 |
| Address Line2 | SUITE 100-304 | AddressLine2 |
| City | MCKINNEY | City |
| State | TX | State |
| ZIP Code | 75070 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CONSULTING | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 2020000 | GrossReceipts |
| Amount Retained By Contractor | 164000 | AmountRetainedByContractor |
| Net To Organization | 1856000 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 2020000 | TotalGrossReceipts |
| Total Retained By Contractors | 164000 | TotalRetainedByContractors |
| Total Net To Organization | 1856000 | TotalNetToOrganization |
| All States | All States | AllStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ARENA SALE | NameOfEvent1 |
| Gross Receipts Event1 | 98880 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 98880 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 22922 | OtherDirectExpensesEvent1 |
| Name Of Event2 | AUCTION | NameOfEvent2 |
| Gross Receipts Event2 | 29721 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 14828 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 14893 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 5590 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 128601 | GrossReceiptsTotal |
| Charitable Contributions Total | 14828 | CharitableContributionsTotal |
| Gross Revenue Total Events | 113773 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 28512 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 28512 | DirectExpenseSummaryEvents |
| Net Income Summary | 85261 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 227 | NumberOfRecipients |
| Amount Of Cash Grant | 1783384 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | FINANCIAL AID IS DETERMINED BY A FAMILY'S ABILITY TO MEET EDUCATION EXPENSES. THE FINANCIAL AID DETERMINATION IS BASED ON DEMONSTRATED NEED AND NOT ON THE WILLINGNESS OR UNWILLINGNESS TO PAY. FINANCIAL AID IS AVAILABLE TO RETURNING CURRENT STUDENTS AND TO NEW STUDENTS WHO HAVE BEEN ACCEPTED FOR ADMISSION IN GRADES K-12.MINNEHAHA ACADEMY IS A MEMBER OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID (SSS), A NEEDS ANALYSIS SYSTEM SERVING THE ELEMENTARY AND SECONDARY SCHOOL LEVEL. AS A MEMBER OF SSS, MINNEHAHA ACADEMY AGREES TO COMPLY WITH THE NAIS PRINCIPLES OF GOOD PRACTICE FOR FINANCIAL AID. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DONNA HARRIS | NamePerson |
| Title | PRESIDENT | Title |
| Base Compensation Filing Org | 189772 | BaseCompensationFilingOrg |
| Deferred Comp Filing Org | 29841 | DeferredCompFilingOrg |
| Nontaxable Benefits Filing Org | 9974 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 229587 | TotalCompensationFilingOrg |
| Comp Report Prior990 Filing Org | 216755 | CompReportPrior990FilingOrg |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF MINNEAPOLIS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 416005375 | IssuerEIN |
| Date Issued | 2007-03-01 | DateIssued |
| Issue Price | 10200000 | IssuePrice |
| Description Of Purpose | SOUTH CAMPUS ADDITION | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | false | FinalAllocationMade |
| Adequate Books And Recds Maintaind | false | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | false | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedProp |
| Remedial Action Taken | false | RemedialActionTaken |
| Non Qualified Bond Remed Procdrs | false | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiled |
| Rebate Not Due Yet | false | RebateNotDueYet |
| Exception To Rebate | false | ExceptionToRebate |
| No Rebate Due | false | NoRebateDue |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | false | ProcToUndertkCorrectiveAction |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 17 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 85844 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | THE SOLE MEMBER OF MINNEHAHA ACADEMY IS THE NORTHWEST CONFERENCE OF THE EVANGELICAL COVENANT CHURCH OF AMERICA. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | FIFTEEN MEMBERS OF THE BOARD OF DIRECTORS OF MINNEHAHA ACADEMY ARE ELECTED BY THE CORPORATION'S SOLE MEMBER. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | THE FOLLOWING ACTIONS REQUIRE THE APPROVAL OF THE SOLE MEMBER OF THE CORPORATION: 1. APPOINTMENT AND REMOVAL OF THE CORPORATION'S PRESIDENT; 2. APPROVAL OF THE STRATEGIC PLAN, MISSION STATEMENT, AND MAJOR CHANGES OF POLICY; 3. APPROVAL OF MAJOR BORROWING; 4. APPROVAL OF THE DISPOSITION, BUYING, LEASING, SELLING, OR ENCUMBERING OF REAL PROPERTY; 5. APPROVALS OF MERGERS OR DISSOLUTION AND APPROVAL OF CREATION OF NEW AFFILIATES AND SUBSIDIARIES; 6. AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS; 7. APPROVAL OF THE FISCAL YEAR END; 8. DESIGNATION OF AUDITORS |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | BOARD MEMBERS HAVE A CHANCE TO REVIEW THE 990 DURING A BOARD MEETING BEFORE FILING. STAFF IN CHARGE OF COMPLETING THE 990 ARE AVAILABLE TO DISCUSS THE 990 AND ANSWER ANY QUESTIONS THE BOARD MAY HAVE. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | AT LEAST ANNUALLY, THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY AND ACTS ACCORDINGLY IF THERE ARE ANY ISSUES. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD'S EXECUTIVE COMMITTEE MEETS WITHOUT THE PRESIDENT TO REVIEW AND SET COMPENSATION FOR THAT POSITION. HUMAN RESOURCES PROVIDES SALARY BENCHMARKING WHICH IS USED IN THE COMPENSATION REVIEW PROCESS. THE PROCESS IS COMPLETED IN JUNE OF EACH YEAR. THE PRESIDENT REVIEWS AND APPROVES COMPENSATION FOR OTHER KEY EMPLOYEES BASED ON BENCHMARKED SALARY RANGES. IN ADDITION, THE PRESIDENT TAKES INTO ACCOUNT THE EMPLOYEE'S PROGRESS AGAINST AND COMPLETION OF GOALS SET FOR THE EMPLOYEE. THIS PROCESS IS COMPLETED ANNUALLY. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC. |
| RECONCILIATION OF CHANGES - OTHER | FORM 990, PART XI, LINE 9 | SPECIAL EVENT EXPENSES 28,512 FINANCIAL AID & TUITION REMISSION -2,774,044 SPECIAL EVENT EXPENSES -28,512 FINANCIAL AID & TUITION REMISSION 2,774,044 |