2024-05-13T16:45:35-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-07-01 900103622 ST CROIX PREPARATORY ACADEMY STCR 6513955900 4260 STAGECOACH TRAIL NORTH STILLWATER MN 55082 JON GUTIERREZ EXECUTIVE DIRECTOR 6513955900 2024-05-09 1 JON GUTIERREZ 999009999 0 ANN NEIL P01817922 6123764500 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JON GUTIERREZ 4260 STAGECOACH TRAIL NORTH STILLWATER MN 55082 17570462 0 X WWW.STCROIXPREP.ORG X 2003 MN TO DEVELOP EACH STUDENT'S ACADEMIC POTENTIAL, PERSONAL CHARACTER AND LEADERSHIP QUALITIES. 10 6 265 2071 0 0 15882302 16141292 700919 1172896 -87648 144475 -5836 25776 16489737 17484439 0 0 0 0 9449839 10776420 0 0 0 5450731 6238688 14900570 17015108 1589167 469331 14964149 15563015 13889771 12324072 1074378 3238943 TO DEVELOP EACH STUDENT'S ACADEMIC POTENTIAL, PERSONAL CHARACTER AND LEADERSHIP QUALITIES THROUGH AN ACADEMICALLY RIGOROUS AND CONTENT-RICH EDUCATIONAL PROGRAM GROUNDED IN THE CLASSICAL TRADITION. 0 0 14361216 0 1172896 SCPA IS A PUBLIC SCHOOL SERVING APPROXIMATELY 1,215 STUDENTS IN GRADES K-12 IN FY 2022-2023. STUDENT RETENTION OVER A TEN YEAR PERIOD, AVERAGES 96% (BECAUSE THE SCHOOL IS A SCHOOL OF PARENT CHOICE, THE BOARD INTERPOLATES A PARENT SATISFACTION RATE OF 96% AS WELL); FACULTY RETENTION, OVER A FIVE YEAR PERIOD, AVERAGES OVER 87%; SCPA PERFORMS 30%-42% HIGHER THAN STATE AVERAGE ON MCA TESTS (READING, MATH, SCIENCE) AND 21%-33% HIGHER THAN RESIDENT DISTRICT. 14361216 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 42 0 265 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 6 1 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X KELLY GUTIERREZ 6513955900 4260 STAGECOACH TRAIL N STILLWATER MN 55082 DENISE NICOLE DONNAY DIRECTOR/TEACHER 42.00 0.00 X 74193 0 11789 ANGELA GALATI SCHUMACHER DIRECTOR/TEACHER 42.00 0.00 X 64868 0 16914 DEBORAH KEYES DIRECTOR/TEACHER 42.00 0.00 X 51251 0 25657 BOB HAJLO CHAIR 2.00 0.00 X X 0 0 0 SHANE MUELLER VICE CHAIR 2.00 0.00 X X 0 0 0 KRISTEN DENZER DIRECTOR 2.00 0.00 X 0 0 0 DREW MELENDRES DIRECTOR 2.00 0.00 X 0 0 0 KIM PLETICHA DIRECTOR 2.00 0.00 X 0 0 0 RITA THORSON DIRECTOR 42.00 0.00 X 64274 0 15297 MATTHEW STILES DIRECTOR 2.00 0.00 X 0 0 0 JON GUTIERREZ EXECUTIVE DIRECTOR 42.00 0.00 X 185750 0 32297 KELLY GUTIERREZ EXEC DIR OF FINANCE AND OPERATIONS 40.00 2.00 X 139656 0 33492 WILLIAM BLOTSKE FACILITIES DIRECTOR 40.00 2.00 X 118875 0 16779 JOANN KARETOV LS PRINCIPAL 40.00 0.00 X 125368 0 29129 ANDREW SACHARIASON US PRINCIPAL 40.00 0.00 X 115122 0 42001 PEGGY ROSELL SPECIAL SERVICES DIRECTOR 40.00 0.00 X 106916 0 21694 1046273 0 245049 7 0 1 0 BLAZERWOKS 5550 PEACHTREE PKWY 500 PEACHTREE CORNERS GA 30092 CONTRACTED PARAS 481130 BLUE RIBBON CLEANING 755 PRIOR AVE N STE 108B ST PAUL MN 55104 CLEANING SERVICES 259997 CREATIVE PLANNING 5454 W 110TH STREET OVERLAND PARK KS 66211 CONTRACTED FINANCIAL PROVIDER 134770 3 49008 14941895 1150389 16141292 FEES FROM PATRONS 611710 548691 548691 FOOD SERVICE REVENUE 611710 344470 344470 ADMISSION AND STUDENT ACTIVITIES 611710 271835 271835 TUITION REVENUE 611600 7900 7900 1172896 145671 145671 6889 0 6889 6889 6889 162 1358 -1196 -1196 -1196 28569 49008 60378 -31809 -31809 37215 24287 12928 12928 INSURANCE RECOVERY 900099 37768 37768 37768 17484439 1172896 0 170251 695750 321939 373811 280771 280771 7980698 6625571 1355127 634805 533769 101036 526356 471042 55314 658040 538152 119888 1388393 1108827 279566 1222314 939305 283009 2290885 2282902 7983 189677 185405 4272 67932 64183 3749 9748 8550 1198 534958 504524 30434 48140 48140 REPAIRS AND MAINTENANCE 293561 293247 314 CAPITAL OUTLAY 107895 107895 FIELD TRIPS/ENTRY FEES 54154 17929 36225 31031 29065 1966 17015108 14361216 2653892 0 5656011 1925375 3050530 1809856 2720067 4287 8000 111472 143300 6689367 2500101 3738030 4189266 3644493 3526477 14964149 15563015 865343 1173968 70072 46372 76246 180260 12878110 10923472 13889771 12324072 X -3108825 -1483493 3678218 4186618 504985 535818 1074378 3238943 14964149 15563015 X 469331 -670 1695904 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4112738 1160407 2952331 2541184 1339694 1201490 35445 35445 4189266 DEFERRED PENSION OUTFLOWS 3348865 ROU EQUIPMENT, NET OF AMORTIZATION 177612 3526477 PENSION LIABILITY PAYABLE 9239724 DEFERRED PENSION INFLOWS 1683748 10923472 X 19521575 2035940 2035940 17485635 -1196 -1196 17484439 19568229 3088079 3088079 16480150 534958 534958 17015108 PART X, LINE 2: THE SCHOOL IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE SECTIONS OF THE MINNESOTA INCOME TAX STATUTES. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED ON FRIENDS OF ST. CROIX PREPARATORY ACADEMY 2,035,778. SALE OF EQUIPMENT 162. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF CAPITAL ASSETS -1,196. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED ON FRIENDS OF ST. CROIX PREPARATORY ACADEMY 2,062,905. CAPITALIZED EXPENDITURES 875,545. PRINCIPAL PAYMENTS 149,629. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 534,958. 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 NONDISCRIMINATORY POLICY IS PUBLISHED IN REGISTRATION AND SOLICITATION MATERIALS AND POSTED ON THE SCHOOL'S WEBSITE, ALTHOUGH NOT POSTED ON THE HOMEPAGE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. PREP ALL-SCHOOL MARATHON 47977 20708 27269 285 11162 19331 CHARTING THE COURSE GALA 29600 28300 1300 799 12510 16291 77577 49008 28569 1084 23672 35622 60378 -31809 X X X 0 0 0 0 0 0 0 0 0 JON GUTIERREZ EXECUTIVE DIRECTOR 185750 0 0 0 0 0 13850 0 18447 0 218047 0 0 0 KELLY GUTIERREZ EXEC DIR OF FINANCE AND OPERATIONS 139656 0 0 0 0 0 10633 0 22859 0 173148 0 0 0 ANDREW SACHARIASON US PRINCIPAL 115122 0 0 0 0 0 10585 0 31416 0 157123 0 0 0 JOANN KARETOV LS PRINCIPAL 125368 0 0 0 0 0 10728 0 18401 0 154497 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 KELLY GUTIERREZ AND JON GUTIERREZ ARE HUSBAND AND WIFE LEADERS OF THE DISTRICT. FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL HAS THE FOLLOWING MEMBERS: PARENTS/GUARDIANS OF ENROLLED STUDENTS; MEMBERS OF THE COMMUNITY; AND STAFF OF THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 7A THE ACADEMY'S BOARD OF DIRECTORS ARE ELECTED BY THE PARENTS, TEACHERS AND STAFF OF THE ACADEMY AT THE ANNUAL ELECTION. FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE SCHOOL'S MANAGEMENT. THE REVIEWED DRAFT OF THE FORM 990 IS PROVIDED TO THE BOARD ELECTRONICALLY PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, DIRECTORS ARE REQUIRED TO COMPLETE A DISCLOSURE STATEMENT TO IDENTIFY POTENTIAL CONFLICTS. PRIOR TO THE START OF ANY NEGOTIATIONS, OR CONSIDERATION OF A GRANT REQUEST BY THE ORGANIZATION, DIRECTORS ARE EXPECTED TO MAKE FULL DISCLOSURE TO THE BEST OF THEIR KNOWLEDGE OF ANY DUAL INTEREST IN A PROPOSED TRANSACTION BY SUBMITTING REPORT TO THE CHAIR OR OTHER OFFICER DESIGNATED BY THE BOARD TO HANDLE SUCH MATTERS, SUPPLYING ANY REASONS WHY THE TRANSACTIONS MIGHT NOT BE IN THE BEST INTEREST OF THE SCHOOL. IN MATTERS REQUIRING PRIOR APPROVAL OF THE BOARD OF DIRECTORS, THE CHAIR OR OTHER OFFICER SHALL FORWARD COPIES OF THE DISCLOSURE REPORT TO THE BOARD BEFORE ITS APPROVAL. INDIVIDUALS WITH DUAL INTEREST IN A PROPOSED TRANSACTION SHALL NOT VOTE ON THE MATTER AND SHALL NOT PARTICIPATE IN THE DISCUSSION EXCEPT TO ANSWER QUESTIONS. CONFLICT OF INTEREST POTENTIAL IS EVALUATED BY ADMINISTRATION BEFORE CONTRACTS ARE ENTERED INTO. COUNSEL IS ENGAGED TO ADVISE ON MAJOR CONTRACTS ENTERED INTO WITH POTENTIAL CONFLICTS OF INTEREST AND THESE CONTRACTS ARE REVIEWED AND APPROVED BY THE BOARD. INCLUDED IN THIS POLICY ARE ADMINISTRATORS, DIRECTORS, AND OFFICERS. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 RESEARCH BASED RESOURCES ARE AVAILABLE TO THE BOARD: MACS COMPENSATION SURVEYS, CONSULTATION WITH SCHOOL'S AUTHORIZER WHO PROVIDED COMPARISON SALARIES OF 15-20 OTHER CHARTER SCHOOLS, AND AN INDEPENDENT BOARD REPRESENTATIVE CONDUCTED A SURVEY OF COMPARABLE POSITIONS THROUGHOUT THE TWIN CITIES METRO AREA. RESEARCH FINDINGS WERE REPORTED TO THE BOARD AND BOARD DETERMINED SALARY BASED ON THESE FACTS AND THE EMPLOYEES' PERFORMANCE AND ATTAINMENT OF GOALS. THE MOST RECENT FORMAL COMPENSATION STUDY WAS COMPLETED IN 2017 FOR EXECUTIVE DIRECTOR J. GUTIERREZ; CHIEF OPERATING OFFICER, K. GUTIERREZ; AND ALL OTHER STAFF. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2017. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 1,695,904. FORM 990, PART XII, LINE 1, EXPLANATION OF METHOD OF ACCOUNTING: THE SCHOOL FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE GOVERNMENT-WIDE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. FRIENDS OF ST CROIX PREPARATORY ACADEMY 4260 STAGECOACH TRAIL NORTH STILLWATER MN 55082 270126330 SCHOOL BUILDING LEASING MN 501(C)(3) LINE 12B, II ST CROIX PREPARATORY ACADEMY 1 0 0 0 1 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 FRIENDS OF ST CROIX PREPARATORY ACADEMY K 1958444 LEASE AGREEMENT