2026-05-01T13:42:50-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-07-01 411420915 MOUNDS PARK ACADEMY MOUN 6517485507 2051 EAST LARPENTEUR AVENUE ST PAUL MN 55109 LORI-ANNE BROGDON HEAD OF SCHOOL 6517485507 2026-04-30 1 0 SARAH REICHLING P01587996 6123764500 2026-04-30 2024 2025-03-06 01:10:19Z LORI-ANNE BROGDON 2051 EAST LARPENTEUR AVENUE ST PAUL MN 55109 23630429 0 X WWW.MOUNDSPARKACADEMY.ORG X 1981 MN TEACH STUDENTS TO THINK INDEPENDENTLY, COMMUNICATE EFFECTIVELY & ACT WITH RESPECT & INTEGRITY. 21 20 202 325 0 0 961848 1645911 19873389 20619091 432504 456038 168576 203981 21436317 22925021 5125142 5425081 0 0 11468711 11955879 0 0 361150 5389867 5947833 21983720 23328793 -547403 -403772 30869549 31207377 9621734 9367453 21247815 21839924 TO TEACH STUDENTS TO THINK INDEPENDENTLY, COMMUNICATE EFFECTIVELY AND ACT WITH RESPECT AND INTEGRITY IN A DIVERSE COMMUNITY THAT MODELS INTELLECTUAL AMBITION, GLOBAL RESPONSIBILITY AND THE JOY OF LEARNING. 0 0 18749875 5425081 20619091 OPERATE A CO-EDUCATIONAL, NON-DENOMINATIONAL COLLEGE PREPARATORY SCHOOL IN ST. PAUL, MINNESOTA, TEACHING STUDENTS IN GRADES PRE-K THROUGH 12. MOUNDS PARK ACADEMY SERVED APPROXIMATELY 500 STUDENTS. ONE-HUNDRED PERCENT OF THE ACADEMY'S STUDENTS ARE ADMITTED TO FOUR-YEAR COLLEGES AND UNIVERSITIES. THE ACADEMY'S CURRICULUM FOCUSES ON COLLABORATION; EXPERIENTIAL, HANDS-ON LEARNING; AND PROVIDES OVER 70 ACTIVITIES INCLUDING FINE ARTS, ACADEMICS, SOCIAL AWARENESS AND ATHLETICS AT ITS 32 ACRE CAMPUS IN ST. PAUL. 18749875 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 47 0 1 202 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X ADAM PETTIPIECE 6517485507 2051 EAST LARPENTEUR AVENUE ST PAUL MN 55109 DR WILLIAM HUDSON HEAD OF SCHOOL 40.00 X X 354557 0 41940 TIFFANY SCOTT KNOX CHAIR 10.00 X X 0 0 0 JEREMY DRUCKER VICE CHAIR 10.00 X X 0 0 0 BRIDGETTE SHANNON SECRETARY 10.00 X X 0 0 0 JAMES CORDON TREASURER 10.00 X X 0 0 0 LEAH ANDERSON TRUSTEE 2.00 X 0 0 0 TODD ROACH TRUSTEE 2.00 X 0 0 0 TOM SIMONSON TRUSTEE 2.00 X 0 0 0 JASON MARTINEK TRUSTEE 2.00 X 0 0 0 BENJAMIN SILBERGLITT TRUSTEE 2.00 X 0 0 0 BETSY VAN HECKE TRUSTEE 2.00 X 0 0 0 KATIE JACOBS TRUSTEE 2.00 X 0 0 0 MICHELLE SMITH WARE TRUSTEE 2.00 X 0 0 0 PAUL GOODWIN TRUSTEE 2.00 X 0 0 0 MARIAN HUSSEIN TRUSTEE 2.00 X 0 0 0 ERIN IMON GAVIN TRUSTEE 2.00 X 0 0 0 MOIRA DUVERNEAU-SALIFU TRUSTEE 2.00 X 0 0 0 ANTHONY SANDERS TRUSTEE 2.00 X 0 0 0 PAT WYANT TRUSTEE 2.00 X 0 0 0 AMIT BHALLA TRUSTEE 2.00 X 0 0 0 LUCY MULLANY TRUSTEE 2.00 X 0 0 0 GEOFFREY MYERS TRUSTEE 2.00 X 0 0 0 GINA WALLRAFF CFO & COO 40.00 X 146037 0 18068 NATALIE WATERS SEUM DIRECTOR OF ADMISSION 40.00 X 151316 0 21329 JAY DEAN ASSISTANT SCHOOL DIRECTOR 40.00 X 146458 0 36442 LAMAR SHINGLES DIRECTOR OF EQUITY AND BEL 40.00 X 140536 0 10526 MARK SEGAL UPPER SCHOOL DIRECTOR 40.00 X 145144 0 13085 JENNIFER LE VARGE LOWER SCHOOL DIRECTOR 40.00 X 145761 0 27606 1229809 0 168996 14 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD SUITE 100 LUTHERVILLE MD 21093 PROGRAM FOOD SERVICES 575349 FIRST STUDENT 22157 NETWORK PLACE CHICAGO IL 66073 STUDENT TRANSPORTATION 257758 BUILDING RESOURCES CORPORATION 600 HOOVER ST NE SUITE 600 MINNEAPOLIS MN 55413 JANITORIAL 186091 KORN FERRY 33 SOUTH SIXTH STREET SUITE 4900 MINNEAPOLIS MN 55402 CONSULTING 179760 TAFT STETTINIUS & HOLLISTER LLP 111 E WACKER DR SUITE 2800 CHICAGO IL 60601 LEGAL 137743 6 863405 69515 712991 42169 1645911 TUITION 611600 19525838 19525838 FOOD SERVICE 611710 562342 562342 EXTENDED DAY CARE 611600 376153 376153 AUXILIARY SERVICES 611600 103282 103282 YEARBOOK 611600 51476 51476 20619091 459764 459764 32250 190 0 0 32250 190 32440 32440 633962 5339 643027 0 -9065 5339 -3726 -3726 12900 863405 62381 -49481 -49481 MISCELLANEOUS 900099 221022 221022 221022 22925021 20619091 0 660019 5425081 5425081 558328 517973 40355 9400673 7427934 1776890 195849 194518 164705 26512 3301 1091474 840893 226877 23704 710886 533150 161096 16640 189994 189994 76649 76649 30041 30041 258807 199747 59060 1369339 493125 803982 72232 108257 27336 80921 2059269 2010345 43156 5768 218823 215522 3301 10053 10053 226058 226058 FOOD 598167 598167 ATHLETICS 214589 214589 BUSING 206421 206421 OTHER PROGRAMS 95887 95887 285479 245852 39627 23328793 18749875 4217768 361150 1563332 1925967 377956 385023 88193 292363 4027 22404 39593 39887 81986 156003 44967950 27328080 18595823 17639870 10071316 10698537 47323 47323 30869549 31207377 1692957 1713937 2675312 2958073 4888314 4493708 163416 201735 201735 9621734 9367453 X 14214981 13662891 7032834 8177033 21247815 21839924 30869549 31207377 -403772 995881 0 X 0 1 X 1 0 X 2534312 927258 1880862 961848 1645911 7950191 2534312 927258 1880862 961848 1645911 7950191 233472 7716719 259630 264330 297938 444735 492204 1758837 263716 147059 2796028 189529 221022 3617354 13326382 92356955 0.57910 0.56820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 263,716. 2021 AMOUNT: $ 147,059. 2022 AMOUNT: $ 2,796,028. 2023 AMOUNT: $ 169,475. 2024 AMOUNT: $ 221,022. GROSS INCOME FROM FUNDRAISING EVENTS - 2023 AMOUNT: $ 20,054. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7481892 809208 615570 353173 8553497 6551365 28275 1238366 336114 7481892 5847243 532170 505888 333936 6551365 7104004 18020 -1039265 235516 5847243 5901903 1465954 263853 7104004 0.13933 0.67454 0.18613 0 0 746927 746927 39184345 22838662 16345683 5036678 4489418 547260 17639870 ASSET RETIREMENT OBLIGATION 201735 201735 X 18528161 995881 62381 1058262 17469899 30041 5425081 5455122 22925021 17936052 62381 62381 17873671 30041 5425081 5455122 23328793 PART V, LINE 4: THE ACADEMY MAINTAINS ITS ENDOWMENT TO SUPPORT FINANCIAL AID AND PROGRAMS OF THE SCHOOL. PART X, LINE 2: MOUNDS PARK ACADEMY (MPA) IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTE 290, AND IS GENERALLY EXEMPT FROM REAL ESTATE TAXES. MPA IS A PUBLIC CHARITY AND CONTRIBUTIONS QUALIFY AS CHARITABLE TAX DEDUCTIONS BY CONTRIBUTORS. MPA FOLLOWS THE PROVISIONS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. MPA IS NOT AWARE OF ANY OF ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 62,381. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED IN REVENUE 5,425,081. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 62,381. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH TUITION 5,425,081. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS PLANNING TO UPDATE THEIR WEBSITE TO BECOME COMPLIANT SUBSEQUENT TO THE END OF THE TAX YEAR. SCHEDULE E, PART I, LINE 6 THE ACADEMY RECEIVES PUBLIC FUNDS FROM INDEPENDENT SCHOOL DISTRICT 622. APRIL 2024 GALA 876305 863405 12900 5727 38260 4004 14390 876305 863405 12900 5727 38260 4004 14390 62381 -49481 1 REDUCED LUNCH 15 22675 FINANCIAL AID 451 5402406 PART I, LINE 2: THE TYPE OF ASSISTANCE PROVIDED IS CREDITED DIRECTLY TO THE RECIPIENT'S ACCOUNT ON BEHALF OF THE STUDENT. NO FUNDS ARE DIRECTLY DISBURSED TO INDIVIDUALS. X X X X 0 0 0 0 0 0 0 0 0 DR WILLIAM HUDSON HEAD OF SCHOOL 334459 0 0 0 20098 0 18134 0 23806 0 396497 0 0 0 JAY DEAN ASSISTANT SCHOOL DIRECTOR 126360 0 0 0 20098 0 12636 0 23806 0 182900 0 0 0 JENNIFER LE VARGE LOWER SCHOOL DIRECTOR 126663 0 0 0 19098 0 3800 0 23806 0 173367 0 0 0 NATALIE WATERS SEUM DIRECTOR OF ADMISSION 142353 0 0 0 8963 0 14355 0 6974 0 172645 0 0 0 GINA WALLRAFF CFO & COO 131247 0 0 0 14790 0 12072 0 5996 0 164105 0 0 0 MARK SEGAL UPPER SCHOOL DIRECTOR 136181 0 0 0 8963 0 13085 0 0 0 158229 0 0 0 LAMAR SHINGLES DIRECTOR OF EQUITY AND BEL 131573 0 0 0 8963 0 10526 0 0 0 151062 0 0 0 A CITY OF FALCON HEIGHTS MINNESOTA 416007644 2014-05-15 7707444 REFUND PRIOR BOND ISSUE 0 0 0 A 3213736 7707444 147444 7560000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 1 0 0 0 0 A 0 FAMILY MEMBER OF BOARD MEMBER 158130 FINANCIAL AID X AUCTION ITEMS 252 42169 FMV 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE OFFICERS OF THE BOARD AND THE HEAD OF SCHOOL. THE EXECUTIVE COMMITTEE ACTS WITH THE POWER AND AUTHORITY OF THE ENTIRE BOARD ON SUCH MATTERS AS MAY REQUIRE ACTION OR DISCUSSION BETWEEN REGULAR MEETINGS OF THE BOARD AND/OR WHEN A SPECIAL MEETING MAY NOT BE PRACTICAL OR POSSIBLE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 DATA IS GATHERED BY MPA STAFF. THE ACTUAL TAX FORM IS PREPARED AND REVIEWED BY THE AUDIT FIRM CLIFTONLARSENALLEN. ONE FINAL REVIEW IS COMPLETED BY THE CHIEF FINANCIAL AND OPERATIONS OFFICER, ROBERT PEREZ. THIS PUBLIC INSPECTION COPY OF THE FORM 990 IS BEING SENT TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE ACADEMY'S CONFLICT OF INTEREST POLICY IS REVIEWED AT THE BEGINNING OF EACH NEW BOARD YEAR AND DISCLOSURES ARE SIGNED BY ALL TRUSTEES. IF A CONFLICT IS DETERMINED TO EXIST BY THE REMAINING MEMBERS NOT INVOLVED IN THE CONFLICT AT A SPECIFIC MEETING, THE CONFLICTED TRUSTEE WILL BE DISMISSED FROM DISCUSSION AND THE DECISION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWED COMPARABILITY DATA FOR OTHER HEADS OF INDEPENDENT SCHOOLS AT THE LOCAL AND STATE LEVELS; THE SOURCE OF THIS DATA WAS THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, AND INDEX; INDEPENDENT SCHOOL DATA EXCHANGE, AN ORGANIZATION THAT SURVEYS SIMILARLY SIZED INDEPENDENT DAY SCHOOLS FOR COMPARISON PURPOSES. THE BOARD OF TRUSTEES REVIEWED THE DATA AND APPROVED THE EMPLOYMENT CONTRACT. THE PROCESS WAS CONDUCTED WITHIN THE LAST YEAR FOR THE HEAD OF SCHOOL, B. HUDSON. THE PROCESS WAS APPROVED AT THE JUNE 2017 EXECUTIVE COMMITTEE MEETING. THE SALARY FOR THE CFO IS COMPARED TO OTHER INDEX SCHOOLS OF SIMILAR SIZE ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.