2026-05-15T08:37:47-05:00 2025-06-30 471019942 CREATIVE PLANNING TAX LLC 100 E PARK AVE STE 300 WATERLOO IA 50703 990 2024-07-01 201523055 YINGHUA ACADEMY YING 6127889095 1616 BUCHANAN STREET NE MINNEAPOLIS MN 55413 COLLEEN EBINGER BOARD CHAIR 6127889095 2026-05-13 1 1 MICHELLE M HEKEL P01440878 3192346885 2026-05-13 2024 2025-03-06 01:10:19Z DR LUYI LIEN 1616 BUCHANAN STREET NE MINNEAPOLIS MN 55413 12269931 0 X WWW.YINGHUAACADEMY.ORG X 2004 MN OPERATION OF A CHARTER SCHOOL IN MINNEAPOLIS, MN 12 11 172 248 0 0 10363605 11031616 957610 1069376 39078 97225 3438 71714 11363731 12269931 0 0 0 0 6823182 7517197 0 0 0 4298635 4721743 11121817 12238940 241914 30991 6203285 6134941 7466630 7211117 -1263345 -1076176 THE MISSION OF YINGHUA ACADEMY IS TO PROVIDE A CHALLENGING AND COMPREHENSIVE LEARNING ENVIRONMENT THAT WILL NURTURE THE STUDENTS' NATURAL INQUISITIVENESS AND WILL PREPARE THEM TO BE ENGAGED AND PRODUCTIVE GLOBAL CITIZENS. 0 0 10978603 1141090 YINGHUA ACADEMY ("THE ACADEMY") IS A PUBLIC SCHOOL WHICH SERVES GRADES K-8. THE ACADEMY PROVIDES A RESEARCH-BASED EDUCATIONAL PROGRAM THAT INCLUDES RIGOROUS ACADEMIC PROGRAM, IMMERSION IN CHINESE LANGUAGE AND CULTURE, AND A NURTURING AND SUPPORTIVE SCHOOL ENVIRONMENT. IN 2024-2025, YINGHUA ACADEMY ENROLLED 109 STUDENTS IN KINDERGARTEN, 319 STUDENTS IN GRADES 1-3, 261 STUDENTS IN GRADES 4-6, AND 158 STUDENTS IN GRADES 7-8. 10978603 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 53 0 1 172 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 1 0 0 MN X ERIC FOSTER 6127889095 1616 BUCHANAN ST NE MINNEAPOLIS MN 55413 X PAMELLA STOMMES BOARD MEMBER/TEACHER 41.00 0.00 X 70728 0 31266 COLLEEN EBINGER BOARD CHAIR 1.00 0.00 X X 0 0 0 YINGLU ZEGLIN SECRETARY 1.00 0.00 X X 0 0 0 CHRIS KLISCH TREASURER 1.00 0.00 X X 0 0 0 PAUL HALLER BOARD MEMBER 1.00 0.00 X 0 0 0 BARBARA KNOTT BOARD MEMBER 1.00 0.00 X 0 0 0 CHARLES ROBINSON BOARD MEMBER 1.00 0.00 X 0 0 0 CINDY MOELLER BOARD MEMBER 1.00 0.00 X 0 0 0 BRYAN HUANG BOARD MEMBER 1.00 0.00 X 0 0 0 NATHAN BODE BOARD MEMBER 1.00 0.00 X 0 0 0 PAUL LANDAHL BOARD MEMBER 1.00 0.00 X 0 0 0 YING ZHANG BOARD MEMBER 1.00 0.00 X 0 0 0 DR LUYI LIEN EXECUTIVE DIRECTOR 40.00 0.00 X 117365 0 38131 TAO YUAN LI SPECIAL EDUCATION COORDINATOR 40.00 0.00 X 101021 0 18764 289114 0 88161 2 0 1 0 METROPOLITAN TRANSPORTATION NETWORK 8260 HICKORY STE NE FRIDLEY MN 55432 TRANSPORTATION 757910 CKC FOOD PO BOX 583598 MINNEAPOLIS MN 55458 FOOD SERVICE 457973 MN CLN SERVICE 5608 INTERNATIONAL PARKWAY NEW HOPE MN 55428 CLEANING SERVICES 190861 MCDANIEL TRAVEL SERVICES 13124 CARDINAL CREEK ROAD EDEN PRAIRIE MN 55346 FIELD TRIP 137949 CLIFTONLARSONALLEN LLP PO BOX 776376 CHICAGO IL 60677 ACCOUNTING SERVICES 126499 5 10757846 273770 11031616 TUITION 611710 554563 554563 OTHER ACTIVITIES FEES 611710 440727 440727 FOOD SALES 611710 58612 58612 MEDICAL ASSISTANCE 611710 15474 15474 1069376 97225 97225 MISC REVENUE 900099 71714 71714 71714 12269931 1141090 0 97225 X 199042 79775 119267 5951145 5507846 443299 536629 503132 33497 367638 317275 50363 462743 423884 38859 42488 42488 148230 148230 2025585 1842396 183189 170028 76395 93633 93944 38372 55572 1501326 1501326 191740 190138 1602 88941 75664 13277 62237 62237 INSTRUCTIONAL SUPPLIES 157948 157948 REPAIR & MAINT 157244 157244 FIELD TRIPS 41638 41638 DUES & MEMBERSHIPS 40394 3333 37061 12238940 10978603 1260337 0 X 2136430 2081373 500000 1873122 1452012 6782 19295 120106 1455111 945598 502418 509513 1593130 1544045 6203285 6134941 787016 895809 35654 45326 6643960 6269982 7466630 7211117 X 0 0 0 0 -1263345 -1076176 -1263345 -1076176 6203285 6134941 X 30991 -126641 282819 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152542 41140 111402 1302569 904458 398111 509513 GASB 68 DEFERRED OUTFLOWS 1544045 1544045 GASB 68 NET PENSION LIABILITY 4329621 GASB 68 DEFERRED INFLOWS 1875997 DUE TO YBC INC 64364 6269982 X PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ACADEMY IS ALSO EXEMPT FROM MINNESOTA FRANCHISE OR INCOME TAX. THE ACADEMY IS REQUIRED TO ASSESS WHETHER AN UNCERTAIN TAX POSITION EXISTS AND IF THERE SHOULD BE RECOGNITION OF A RELATED BENEFIT OR LIABILITY IN THE FINANCIAL STATEMENTS. THE ACADEMY HAS DETERMINED THERE ARE NOT AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS COMMUNICATED THROUGH THE MATERIAL MAILED TO FAMILIES WITH SCHOOL AGE CHILDREN. SCHEDULE E, PART I, LINE 6 AS A MINNESOTA PUBLIC CHARTER SCHOOL, THE SCHOOL RECIEVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. X 0 0 0 0 0 0 0 0 0 DR LUYI LIEN EXECUTIVE DIRECTOR 117365 0 0 0 0 0 11497 0 26634 0 155496 0 0 0 CHEMIN CHU FAMILY RELATIONSHIP TO DR. LIEN, EXECUTIVE DIRECTOR 61453 EMPLOYEE COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 7A EACH PARENT AND LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL AND EACH EMPLOYEE OF THE SCHOOL SHALL HAVE THE RIGHT TO EXERCISE ONE VOTE FOR ITS BOARD CANDIDATES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE PUBLIC DISCLOSURE COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C YINGHUA BOARD MEMBERS SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT EACH YEAR (NEW AND INCOMING). THE STATMENTS ARE PROVIDED TO YINGHUA'S AUTHORIZER, FRIENDS OF EDUCATION, FOR REVIEW. ANY CONCERNS ARE VETTED BACK WITH THE YINGHUA BOARD. CORRECTIVE ACTIONS COULD INCLUDE MEMBERS RECUSING THEMSELVES FROM DISCUSSION OR VOTING WHEN THERE IS A PERCEIVED CONFLICT OF INTEREST UP TO A BOARD MEMBER RESIGNING. FORM 990, PART VI, SECTION B, LINE 15A COMPARABLE SALARIES FOR CHARTER SCHOOL EXECUTIVE DIRECTORS ARE REVIEWED BY THE BOARD. ADDITIONALLY, THE EXECTIVE DIRECTOR IS SCORED BY RUBRIC IN ORDER TO DETERMINE COMPENSATION INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A: RELATED BOARD MEMBERS PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE A LICENSED TEACHER AS A MEMBER OF THE BOARD OF DIRECTORS. PAMELLA STOMMES IS A BOARD MEMBER BUT RECEIVED COMPENSATION FOR THEIR SERVICE AS A TEACHER. FORM 990, PART IX, LINE 11G TRANSPORTATION: PROGRAM SERVICE EXPENSES 757,740. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 757,740. FOOD SERVICE: PROGRAM SERVICE EXPENSES 536,964. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 536,964. OTHER: PROGRAM SERVICE EXPENSES 547,692. MANAGEMENT AND GENERAL EXPENSES 183,189. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 730,881. FORM 990, PART X, LINE 25: PENSION LIABILITIES, DEFERRED OUTFLOWS & INFLOWS PENSION: AS A CHARTER SCHOOL IN THE STATE OF MINNESOTA, PARTICIPATION IN TWO MULTIPLE-EMPLOYER, COST-SHARING DEFINED BENEFIT PENSION PLANS IS STATUTORILY REQUIRED. THE SCHOOL'S CONTRIBUTIONS TO THE PLANS ARE ALSO REGULATED BY STATUTE AND ARE BASED ON A PERCENTAGE OF SALARIES AND WAGES EARNED BY CURRENT EMPLOYEES. THEREFORE, WHILE THE NET PENSION LIABILITY, DEFERRED OUTFLOWS AND INFLOWS, ARE REPORTED ON THE SCHOOL'S STATEMENT OF NET POSITION, THE SCHOOL IS NOT IN A POSITION TO DIRECTLY CONTROL THE LIABILITIES OR THE SUBSEQUENT LIQUIDATION OF THE LIABILITIES. FORM 990, PART XI, LINE 9: GASB 68 - PENSION ADJUSTMENT 282,819. YBC INC 1616 BUCHANAN STREET NE MINNEAPOLIS MN 55413 263655173 RENTAL PROPERTY MN 501(C)(3) LINE 12C, III-FI YINGHUA ACADEMY 1 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 1 0 0 YBC INC K 1286844 LEASE AGREEMENT YBC INC E 64364 CASH BALANCE