2024-05-09T10:27:57-05:00 2023-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2022-07-01 473674368 North Metro Flex Academy NORT 6126442671 2350 Helen St North St Paul MN 55109 Mike Leary Board Chair 6126442671 2024-05-09 1 Mike Leary XXX-XX-XXXX 1 Steven D Anseth CPA P00552219 9528359090 2024-05-09 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Mike Leary 2350 Helen St North St Paul MN 55109 4113686 0 X www.nmfamn.org X 2015 MN North Metro Flex Academy's mission is to prepare a diverse community of elementary and middle school students to be successful in high school, college and in their chosen vocation through a flexible, individualized learning experience that develops analytical, compassionate, disciplined and self-directed learners. 4 2 53 8 0 0 4272377 4067180 2555 22598 55 38 1289 20165 4276276 4109981 0 0 0 0 1843042 1919507 0 0 0 2064064 1691446 3907106 3610953 369170 499028 2854068 2306897 4930902 3884703 -2076834 -1577806 X North Metro Flex Academy's mission is to prepare a diverse community of elementary and middle school students to be successful in high school, college and in their chosen vocation through a flexible, individualized learning experience that develops analytical, compassionate, disciplined and self-directed learners. 0 0 3222457 26439 North Metro Flex enrolled approximately 200 students during the 2022-23 school year. The school continues to work to serve the historically underserved populations. 3222457 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 53 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X The Organization 6126442671 2350 Helen St North St Paul MN 55109 Mike Leary Board Chair 5.00 X X 0 0 0 Kyle Johnson Secretary and Teacher 40.00 X X 48626 0 8905 Dave Isaacson Treasurer and Teacher 40.00 X X 76097 0 9471 Joe Palkowitsch Director 1.00 X 0 0 0 Debra Kranz Principal 40.00 X 89814 0 7588 214537 0 25964 0 0 0 0 Triple Shot LLC 6995 55th Street North Oakdale MN 55128 Building Lease 362687 CST MN 615 1st Avenue Northeast 115 Minneapolis MN 55413 Transportation 276478 CKC Good Food 2919 W Service Road Eagan MN 55121 Food Service 128690 3 4055915 11265 4067180 Fees from Patrons 900099 14729 14729 Food Service 900099 7869 7869 22598 38 38 7546 3705 3841 3841 Pension Revenue 900099 16324 16324 16324 4109981 26439 0 16362 X 218252 198775 19477 1407757 1282128 125629 58237 47970 10267 116081 104741 11340 119180 108183 10997 4608 4608 62300 62300 586021 481661 104360 68176 62949 5227 105253 98425 6828 316775 316775 34234 34234 347426 344332 3094 8333 8333 Food 134227 133828 399 Dues and Memberships 24045 75 23970 Books 48 48 3610953 3222457 388496 0 443490 599936 477450 366294 5239 15384 105750 56263 1022197 49487 905692 1275796 2854068 2306897 256669 233450 1093827 1025446 770260 2554960 2880993 4930902 3884703 X -2191767 -1683451 114933 105645 -2076834 -1577806 2854068 2306897 499028 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 58986 17172 41814 46764 39091 7673 49487 Deferred Outflows - Pension Resources 615595 Lease Asset - Building 660201 1275796 Deferred Inflows - Pension Resources 322831 Pension Liability 1750488 Claim Payable 100000 Lease Liability 707674 2880993 X 4109981 0 4109981 0 4109981 3610953 0 3610953 0 3610953 Part X, Line 2: The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2023, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction. 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 in all solicitation and registration materials. Schedule E, Part I, Line 6 The Organization receives assistance from federal and state sources. Form 990, Part VI, Section A, line 3 The Organziation delegates management duties to a third party provider, who is supervised by the Board of Directors. Form 990, Part VI, Section B, line 11b The 990 is distributed to all board members to review before filing. Form 990, Part VI, Section B, line 12c The Board reviews the conflict of interest policy annually. Form 990, Part VI, Section B, line 15 The Board of Directors reviews and approval all compensation for management and employees. Form 990, Part VI, Section C, line 19 The governing documents are available upon request. Form 990, Part IX, line 11g Federal Subawards: Program service expenses 8,225. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,225. Transportation: Program service expenses 275,979. Management and general expenses 0. Fundraising expenses 0. Total expenses 275,979. Repair and Maintenance Service Contract: Program service expenses 21,875. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,875. Fees for Services: Program service expenses 70,207. Management and general expenses 96,825. Fundraising expenses 0. Total expenses 167,032. Payment for Educational Purposes to Other Agencies: Program service expenses 105,375. Management and general expenses 0. Fundraising expenses 0. Total expenses 105,375. Short-Term Rental: Program service expenses 0. Management and general expenses 7,535. Fundraising expenses 0. Total expenses 7,535. Form 990, Part XII, Line 2c: This process has not changed from the prior year.