2024-05-15T08:47:58-05:00 2023-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2022-07-01 731663207 Kaleidoscope Charter School KALE 7634281890 7525 Kalland Avenue Otsego MN 55301 Wendi Foss Director of Business Operations 7634281890 2024-05-14 1 Wendi Foss XXX-XX-XXXX 0 Steven D Anseth CPA P00552219 9528359090 2024-04-29 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z Wendi Foss 7525 Kalland Avenue Otsego MN 55301 8580316 0 X www.kcsmn.org X 2002 MN To prepare students for tomorrow by emphasizing academic excellence and character development today. 7 7 123 100 0 0 7731729 7574345 36410 163461 6573 17754 0 816674 7774712 8572234 0 0 0 0 4892042 4669082 0 0 0 2747530 2643386 7639572 7312468 135140 1259766 5670068 5490658 7854405 6487759 -2184337 -997101 Kaleidoscope Charter School's mission is to prepare students for tomorrow by emphasizing academic excellence and character development today. 0 0 6609131 163461 Public charter school in MN serving grades K12. 6609131 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 22 0 1 123 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 1 1 1 0 0 MN X X Dieci School Finance LLC 6513092233 2489 Rice Street Suite 202 Roseville MN 55113 Amy Erendu Executive Director 40.00 X 52500 0 8006 Renee Suess Director/Teacher 40.00 X 48165 0 7724 Wendi Foss Director of Business Operations 40.00 X 45937 0 6917 Matt Roberts Board Chair 5.00 X X 0 0 0 Deby Ziesmer Vice Chair/Treasurer 2.00 X X 0 0 0 Dana Anton Secretary 2.00 X X 0 0 0 Josh Christenson Director 2.00 X 0 0 0 Amie Weber Director 2.00 X 0 0 0 Jason Banick Director 2.00 X 0 0 0 146602 0 22647 0 0 0 0 NorthStar Painting LLC 19145 Echo Lane Farmington MN 55024 Painted building 125000 1 7514459 59886 7574345 Food Sales to Pupils 900099 124342 124342 Admissions 900099 39119 39119 163461 17754 17754 15138 8082 7056 7056 Pension Revenue 900099 809618 809618 809618 8572234 163461 0 834428 213476 202767 10709 3478936 3310575 168361 287319 273653 13666 420116 389246 30870 269235 256492 12743 14762 14762 86582 86582 669496 475500 193996 218280 192099 26181 115495 55316 60179 1222625 1222625 12788 10764 2024 5525 5525 36225 33536 2689 51975 51975 Food 105354 104952 402 Dues and Memberships 68446 199 68247 Equipment 23474 23474 Repair and Maintenance 12359 5958 6401 7312468 6609131 703337 0 2177895 227189 1950251 1080497 1323876 191956 140993 163188 114995 91289 163256 23706 1915471 1802448 5670068 5490658 567685 601121 7286720 5886638 7854405 6487759 X -2299874 -1160178 115537 163077 -2184337 -997101 5670068 5490658 1259766 -72530 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114995 91289 23706 23706 Deferred Outflows - Pension 1323807 Due From Other Fund 412767 Finance Right of Use Asset, Net of Amortization 65874 1802448 Deferred Inflows - Pension 1016912 Finance Lease Liability 71627 Net Pension Liability 4798099 5886638 X Part X, Line 2: The Charter School is classified as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and comparable section of the Minnesota income tax statutes. The Charter School has evaluated and determined that there are no uncertain tax positions as of June, 30, 2023. The Association's tax returns are subject to possible examination by the taxing authorities. 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 School's nondiscriminatory policy is contained in solicitation materials. Schedule E, Part I, Line 6 The School receives financial aid and assistance from the Minnesota Department of Education and the U.S. Department of Education. 5 15138 15138 8082 15138 15138 8082 8082 7056 Form 990, Part VI, Section A, line 6 The School is comprised of two classes of members. Membership classes are as defined: local citizens/parents & guardians of enrolled students and employees of the School. Form 990, Part VI, Section A, line 7a Community members, parents/guardians of students, and staff are eligible to vote for board members. Form 990, Part VI, Section A, line 8b Actions of a committee shall only make recommendations for approval or denial on any topic presented to the committees. The School Board shall have final say on all matters that come from the committees. Form 990, Part VI, Section B, line 11b The Form 990 is prepared and a draft is reviewed by the accounting service provider and the Executive Director prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Annually, board members and key employees complete a full disclosure which includes the member, their spouse, and close relatives to identify potential conflicts of interest. The board of directors reviews this and determines if any conflicts of interest exist. Conflict of interest forms are also reviewed annually by the audit firm. Individuals with potential or actual conflicts of interest do not vote on the related matters. All proceedings related to conflicts of interest are documented in the meeting minutes. Form 990, Part VI, Section B, line 15a The board's personnel committee, based on annual performance reviews and comparative compensation information from other charter schools, determines the annual salaries and makes a recommendation to the board. The board then makes the final determination on compensation based on the recommendations from the finance and personnel committees as part of the annual budget process. This was last performed in 2021 for the Interim Executive Director for the 2021-2022 school year. No compensation is provided to board members who are not part of the staff. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available upon request. The form 990 is also available on GuideStar. Form 990, Part XII, Line 2c: This process has not changed from the prior year. KCS Building Company 7525 Kalland Ave Ostsego MN 55301 300243469 School Building Leasing MN 501(c)(3) Line 12a, I Kaleidoscope Charter School 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 KSC Building Company K 1103790 Lease agreement