Bergman Academy FY2021 filing

Tax-deductible

Des Moines, IA501(c)(3)Since 1977EIN 42-1087681Revenue $5.7M in FY2021

On file with the IRSbergmanacademy.org100 45th St, 50312-4702 · Des Moines, IATax-exempt since May 1979School — 170(b)(1)(A)(ii)

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Our mission is to provide an environment that nurtures total development while guiding students toward the joy of lifelong learning.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$195K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $7K a year · under 1% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$195K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $28K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.8M
45% of total assets
Looks good: liabilities are 45% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 11 voting members
Looks good: 9 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.7M
Spent
$4.6M
To programs
81%
Net assets
$3.4M
By yearFY2021–FY2024
Revenue
$5.7M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$5.7M
FY2022$4.7M
FY2023$4.1M
FY2024$4.7M
FY2024$5.5M
Expenses
$4.6M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$4.6M
FY2022$4.6M
FY2023$4.9M
FY2024$5.2M
FY2024$5.7M
Net assets
$3.4M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$3.4M
FY2022$3.3M
FY2023$1.9M
FY2024$1.4M
FY2024$1.3M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $3.7M Management & general 15% · $678K Fundraising 4% · $201K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $195K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Head of School
$134,308Pt VII · Sec A
Director of Finance and Operations
$60,952Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director-At-Large
$0Pt VII · Sec A
$0Pt VII · Sec A
Director-At-Large
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Christie Stover$152,251$149,802$147,920$139,291$134,308
Christine Newton—$68,043—$62,616$60,952
Christine Newton Director of——$67,228——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers hands-on projects and real-world learning for young students.

Provided by the organization

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1 program · $3.7M · in their own filed words · FY2020
01

Bergman Academy empowers, supports, and inspires students to reach high. Reimagining the possibilities of education, our classrooms look intentionally different. Guided by our key values, lessons are challenging, yet joyful, as we encourage all children to grow as curious, creative, and ethically-minded learners.We see each child as a…

$3.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$28K
Grants paid · 5 grants · $808K · 2020–2024
Unitemized GrantFY2024$137,792
Unitemized GrantFY2023$153,689
Unitemized GrantFY2022$178,775
Unitemized GrantFY2021$169,215
Unitemized GrantFY2020$168,904

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$5.7M
Ln 12
Fees for servicesLn 2g$3.4M
Gifts and grantsLn 1h$2.3M
Other incomeLn 4–11$3K
Money outPt IX
$4.6M
Ln 25
Programscol B$3.7M
Managementcol C$678K
Fundraisingcol D$201K
Owns and owesPt X
$3.4M
net assets · Ln 32
Cash and savingsLn 1–2$879K
Total assetsLn 16$6.2M
LiabilitiesLn 26$2.8M
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Government grantsLn 1e$545K
Noncash giftsLn 1g$32K
Fees for servicesLn 2g$3.4M
Investment incomeLn 3$2K
Other incomeLn 4–11$3K
Gains on assetsLn 7−$3K
Total revenueLn 12$5.7M
Assets in detailPt X, end of year
CashLn 1$95
SavingsLn 2$879K
Cash and savings togetherLn 1–2$879K
Land, buildings, equipmentLn 10c$4.0M
Other assetsLn 15$18K
Total assetsLn 16$6.2M
LiabilitiesLn 26$2.8M
Net assetsLn 32$3.4M
OperationsPt I, VI
EmployeesI 586
VolunteersI 680
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.5M$879K
Land, buildings, equipmentLn 10c$4.0M$4.0M
Total assetsLn 16$5.6M$6.2M
LiabilitiesLn 26$3.5M$2.8M
Net assetsLn 32$2.1M$3.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$169K$169K
Pay of current officers, directors and key staffLn 5$219K$33K$168K$18K
Other salaries and wagesLn 7$2.2M$2.0M$199K$67K
Pension plan contributionsLn 8$93K$81K$9K$3K
Other employee benefitsLn 9$146K$120K$20K$5K
Payroll taxesLn 10$143K$117K$21K$5K
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$34K$34K
Advertising and promotionLn 12$25K$24K$1K
Office expensesLn 13$136K$122K$10K$4K
Information technologyLn 14$27K$27K
OccupancyLn 16$289K$271K$18K
InterestLn 20$117K$112K$6K
Depreciation, depletion and amortizationLn 22$293K$278K$15K
InsuranceLn 23$22K$22K
Other expenses (24a–d)Ln 24$603K$314K$191K$98K
All other expensesLn 24e$7K$6K$967
Total functional expensesLn 25$4.6M$3.7M$678K$201K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $4.7M$5.2M−$471K$1.4M 990 PDF
FY2023 $4.1M$4.9M−$749K$1.9M 990 PDF
FY2022 $4.7M$4.6M$85K$3.3M 990 PDF
FY2021 Viewing $5.7M$4.6M$1.1M$3.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $5,691,004 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $258,409$2,259,235
I-9 Program service revenuePrior year $2,984,542$3,429,002
I-10 Investment incomePrior year $5,971−$519
I-11 Other revenuePrior year $13,217$3,286
I-12 Total revenuePrior year $3,262,139$5,691,004
I-13 Grants and similar amounts paidPrior year $0$168,904
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,190,345$2,841,827
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,334,075$1,572,516
I-18 Total expensesPrior year $3,524,420$4,583,247
I-19 Revenue less expensesPrior year −$262,281$1,107,757
Part VI · Governance 9 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members9
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,691,004 across 8 lines filed
Lines not itemized here account for $170,166 of total revenue; see the IRS return.
VIII-1e Government grants$545,177
VIII-1f All other contributions, gifts and grants$1,714,058
VIII-1g Noncash contributions (included above)$32,329
VIII-1h Total contributions, gifts and grants$2,259,235
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,262,122$3,262,122
VIII-3 Investment incomeExcluded from tax $2,020$2,020
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$2,539−$2,539
VIII-12 Total revenueRelated to mission $3,432,288 · Unrelated business $0 · Excluded from tax −$519$5,691,004
Part IX · Statement of functional expenses $4,583,247 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $168,904$168,904
IX-5 Pay of current officers, directors and key staffPrograms $32,635 · Management $167,907 · Fundraising $18,169$218,711
IX-7 Other salaries and wagesPrograms $1,974,905 · Management $198,783 · Fundraising $67,455$2,241,143
IX-8 Pension plan contributionsPrograms $81,399 · Management $8,578 · Fundraising $2,766$92,743
IX-9 Other employee benefitsPrograms $120,475 · Management $20,490 · Fundraising $4,982$145,947
IX-10 Payroll taxesPrograms $117,312 · Management $21,013 · Fundraising $4,958$143,283
IX-11c Accounting feesManagement $19,400$19,400
IX-11g Other fees for servicesPrograms $34,151$34,151
IX-12 Advertising and promotionPrograms $24,115 · Management $1,166$25,281
IX-13 Office expensesPrograms $121,793 · Management $10,167 · Fundraising $4,087$136,047
IX-14 Information technologyPrograms $27,145$27,145
IX-16 OccupancyPrograms $271,006 · Management $17,866$288,872
IX-20 InterestPrograms $111,589 · Management $5,873$117,462
IX-22 Depreciation, depletion and amortizationPrograms $277,971 · Management $14,630$292,601
IX-23 InsurancePrograms $21,789$21,789
IX-24 Other expenses (24a–d)Programs $313,754 · Management $190,885 · Fundraising $98,217$602,856
IX-24e All other expensesPrograms $5,945 · Management $967$6,912
IX-25 Total functional expensesPrograms $3,704,888 · Management $677,725 · Fundraising $200,634$4,583,247
Part X · Balance sheet $6,180,091 assets, 17 lines filed
X-1 Cash, non-interest-bearing$95
X-2 Savings and temporary cash investmentsStart of year $1,532,217$879,319
X-3 Pledges and grants receivable$1,144,917
X-4 Accounts receivableStart of year $34,371$125,058
X-8 Inventories for sale or use$6,381
X-9 Prepaid expenses and deferred chargesStart of year $64,482$56,458
X-10c Land, buildings and equipment, netStart of year $3,978,251$3,950,285
X-15 Other assetsStart of year $0$17,578
X-16 Total assetsStart of year $5,609,321$6,180,091
X-17 Accounts payable and accrued expensesStart of year $124,704$105,692
X-19 Deferred revenueStart of year $172,944$245,091
X-25 Other liabilitiesStart of year $443,684$294,391
X-26 Total liabilitiesStart of year $3,501,275$2,796,728
X-27 Net assets without donor restrictionsStart of year $1,659,267$1,606,029
X-28 Net assets with donor restrictionsStart of year $448,779$1,777,334
X-32 Total net assets or fund balancesStart of year $2,108,046$3,383,363
X-33 Total liabilities and net assetsStart of year $5,609,321$6,180,091
Part XI · Reconciliation of net assets $3,383,363 net assets at year end
XI-1 Total revenue$5,691,004
XI-2 Total expenses$4,583,247
XI-3 Revenue less expenses$1,107,757
XI-4 Net assets at start of year$2,108,046
XI-5 Net unrealized gains (losses) on investments$421
XI-9 Other changes in net assets$167,139
XI-10 Net assets at end of year$3,383,363

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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