2025-05-08T01:05:37-05:00 2024-06-30 471019942 CREATIVE PLANNING TAX LLC 100 E PARK AVE STE 300 WATERLOO IA 50703 990 2023-07-01 812964842 PHOENIX ACADEMY PHOE 6512370656 38460 LINCOLN TRAIL SUITE 1 NORTH BRANCH MN 55056 JAMES GAGNER EXECUTIVE DIRECTOR 6512370656 2025-05-07 1 0 MICHELLE M HEKEL P01440878 3192346885 2025-05-07 2023 2025-03-06 01:10:19Z JAMES GAGNER 38460 LINCOLN TRAIL SUITE 1 NORTH BRANCH MN 55056 2108319 0 X WWW.PHXACADEMYCHARTERSCHOOL.COM X 2017 MN OFFER A CURRICULUM THAT IS MORE EXPERIENTIAL AND PERSONALLY APPEALING TO STUDENTS. 6 4 45 10 0 0 1912911 2067795 39534 30693 243 6298 3775 1975 1956463 2106761 0 0 0 0 1111166 1150995 0 0 0 704205 820592 1815371 1971587 141092 135174 1676961 1366408 1638477 1358945 38484 7463 X THE PHOENIX ACADEMY OF ART AND SCIENCE SCHOOL PROGRAM HAS BEEN DEVELOPED ON RESEARCH- BACKED FOUNDATIONAL TEACHING AND LEARNING PRACTICES AND WITH THE INTENT OF OFFERING A CURRICULUM THAT IS MORE EXPERIENTIAL AND PERSONALLY APPEALING TO STUDENTS. PHOENIX ACADEMY IS A COMPREHENSIVE TUITION-FREE PUBLIC K-8 SCHOOL OFFERING A RIGOROUS ACADEMIC PROGRAM WHILE INTEGRATING THE VISUAL AND PERFORMING ARTS. PHOENIX ACADEMY IS A UNIQUE LEARNING ENVIRONMENT WITH SMALLER CLASSROOMS, LOWER STUDENT TO TEACHER RATIOS, AND A HANDS-ON APPROACH TO TEACHING AND LEARNING. PHOENIX ACADEMY STUDENTS RECEIVE ALL NECESSARY ACADEMIC SUPPORT, AND PARTICIPATE IN ADVANCED LEARNING OPPORTUNITIES DURING ENRICHMENT HOUR CLASSES THAT TAKE PLACE EACH SEMESTER OR TRIMESTER. 0 0 1624038 33287 THE PHOENIX ACADEMY OF ART AND SCIENCE IS A PUBLIC CHARTER SCHOOL THAT IS TUITION FREE AND SERVES STUDENTS IN GRADES K-6. THE PHOENIX ACADEMY OF ART AND SCIENCE HAS AN EMPHASIS IN ART AND SCIENCE TO ENHANCE THE OVERALL LEARNING EXPERIENCE OF THE STUDENTS AND DEVELOP MORE CREATIVE AND WELL-ROUNDED STUDENTS. DURING FY2024 THERE WERE 154 STUDENTS ENROLLED. 1624038 1 0 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 5 0 1 45 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 1 1 0 MN X CREATIVE PLANNING 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 BLOOMINGTON MN 554314420 X WENDY LEVESSEUR BOARD CHAIR 1.00 X X 0 0 0 MISSY CONSIDINE VICE CHAIR 1.00 X X 0 0 0 MARY LINDQUIST FINANCE CHAIR 1.00 X X 0 0 0 MARY STAMM MEMBER/TEACHER 41.00 X 40628 0 6926 LIANA EMERY MEMBER/TEACHER 41.00 X 43129 0 15336 CRAIG WORTMAN MEMBER 1.00 X 0 0 0 JAMES GAGNER EXECUTIVE DIRECTOR 40.00 X 98397 0 8788 182154 0 31050 0 0 0 0 DESIGNS FOR LEARNING 2233 UNIVERSITY AVE W SUITE 450 ST PAUL MN 55114 EDUCATION CONSULTING SERVICES 120117 1 2066132 1663 2067795 FEES FROM PATRONS 611600 30693 30693 30693 6298 6298 939 1558 -619 -619 MISC. REVENUES 611600 2594 2594 2594 2106761 33287 0 5679 X 212376 103592 108784 763401 749747 13654 60963 60526 437 45655 29751 15904 68600 60441 8159 77782 77782 293857 248634 45223 17361 10121 7240 57149 24256 32893 284898 284898 6251 3751 2500 7471 5582 1889 14074 14074 INSTRUCTIONAL SUPPLIES 33676 33676 DUES & MEMBERSHIPS 19710 700 19010 EQUIP. PURCHASES 4364 4364 FIELD TRIPS 3999 3999 1971587 1624038 347549 0 X 502401 579796 251087 273634 30169 8835 69335 40452 36354 28883 856950 475260 1676961 1366408 152344 106529 1486133 1252416 1638477 1358945 X 0 0 0 0 38484 7463 38484 7463 1676961 1366408 X 135174 -166195 X 0 1 X 1 0 X 69335 40452 28883 28883 DEFERRRED OUTFLOWS - PENSION 248062 BUILDING - RIGHT OF USE ASSET 227198 475260 NET PENSION LIABILITIES 958480 DEFERRED INFLOWS - PENSION 72127 LEASE LIABILITIES 221809 1252416 X 2113987 7226 7226 2106761 0 2106761 2145008 173421 173421 1971587 0 1971587 PART X, LINE 2: THE CHARTER SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILIAR STATE INCOME TAX LAWS. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AND CONTRIBUTIONS TO THE CHARTER SCHOOL QUALIFY AS A CHARITABLE TAX DEDUCTION BY THE CONTRIBUTOR. THE ORGANIZATION HAS EVALUATED AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024. 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 OPEN AND ALL OTHERS ARE CLOSED. NO RETURNS ARE CURRENTLY UNDER EXAMINATION IN ANY TAX JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: GASB 68 PENSIONS 7,226. PART XII, LINE 2D - OTHER ADJUSTMENTS: GASB 68 PENSIONS 173,421. 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 SOLICITATIONS AND REGISTRATION MATERIALS. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE ACADEMY RECEIVED STATE EDUCATION AID AND FEDERAL GRANT FUNDING. FORM 990, PART VI, SECTION A, LINE 7A ANY STAFF MEMBERS WHO ARE EMPLOYED AT THE SCHOOL, INCLUDING LICENSED TEACHERS PROVIDING INSTRUCTION UNDER A COOPERATIVE, AND ALL PARENTS/GUARDIANS OF CHILDREN ENROLLED IN THE SCHOOL MAY VOTE IN THE ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, THE EXECUTIVE DIRECTOR AND FINANCE COMMITTEE WILL CONDUCT A DETAILED REVIEW OF THE 990. THE FULL BOARD WILL RECEIVE A PUBLIC DISCLOSURE COPY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL BOARD WILL ASK AT THE BEGINNING OF EACH BOARD MEETING IF ANY MEMBERS HAVE A CONFLICT OF INTEREST WITH ANY OF THE AGENDA ITEMS OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE STARTING COMPENSATION OF THE EXECUTIVE DIRECTOR WAS/IS DETERMINED BASED UPON A COMPARISON OF SALARY AND BENEFITS OFFERED FOR SIMILAR POSITIONS AT CHARTER SCHOOLS IN THE REGION. OTHER CONSIDERATIONS IN MAKING THE INITIAL DETERMINATION ARE EDUCATION, EXPERIENCE, AND SKILLS OF THE EXECUTIVE DIRECTOR. FOR ANNUAL SALARY ADJUSTMENTS, THE PERCENTAGE OF INCREASE IS IN ALIGNMENT WITH OTHER STAFF INCREASES AS DETERMINED IN THE ANNUAL BUDGET PROCESS AND THE AMOUNT OF MDE GENERAL AID. ALL SALARY ADJUSTMENTS FOR THE EXECUTIVE DIRECTOR ARE REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. 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 VII, SECTION A: PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE LICENSED TEACHERS AS MEMBERS OF THE BOARD OF DIRECTORS. MARY STAMM AND LIANA EMERY ARE BOARD MEMBERS BUT RECEIVED COMPENSATION FOR SERVICES AS TEACHERS. FORM 990, PART IX, LINE 11G MISC. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 152,091. MANAGEMENT AND GENERAL EXPENSES 45,223. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 197,314. FOOD SERVICES: PROGRAM SERVICE EXPENSES 93,427. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,427. TRANSPORTATION : PROGRAM SERVICE EXPENSES 3,116. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,116. 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 -166,195.