2023-02-24T15:08:43-06:00 2022-06-30 920370318 REDPATH AND COMPANY LLC 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2021-07-01 010701608 PARTNERSHIP ACADEMY INC PART 6128663630 6500 NICOLLET AVENUE 101 MINNEAPOLIS MN 55423 LISA HENDRICKS DIRECTOR OF FINANCE 6128663630 2023-02-23 1 LISA HENDRICKS 999009999 ASHLEY REHN CPA P00965922 6514267000 2023-02-23 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z LISA HENDRICKS 6500 NICOLLET AVENUE 101 MINNEAPOLIS MN 55423 11186536 0 X WWW.PASCHOOL.ORG X 2002 MN CREATE LEARNING EXPERIENCES AND PARTNERSHIPS EMPOWERING STUDENTS TO ACHIEVE THEIR GREATEST POTENTIAL 7 3 126 10 0 0 9142709 11136767 0 0 7 34 3594 49735 9146310 11186536 0 0 0 0 5817574 7510519 0 0 0 2940117 3483122 8757691 10993641 388619 192895 6883815 7413383 10479051 10957313 -3595236 -3543930 X PARTNERSHIP ACADEMY PROVIDES EXCEPTIONAL LEARNING OPPORTUNITIES FOR STUDENTS IN GRADES PRESCHOOL-8TH GRADE WHO LIVE IN RICHFIELD AND NEIGHBORING COMMUNITIES OF BLOOMINGTON AND SOUTH MINNEAPOLIS. STUDENTS AT PARTNERSHIP ACADEMY BENEFIT FROM AN EXCEPTIONAL ACADEMIC PROGRAM THAT IS CULTURALLY RELEVANT AND FOSTERS STRONG SOCIAL AND EMOTIONAL WELLBEING. STUDENTS HAVE ONE TO ONE DEVICE ACCESS TO TECHNOLOGY AS WELL AS OPPORTUNITIES TO PARTICIPATE IN EXTENDED LEARNING THROUGH AFTER SCHOOL AND SUMMER PROGRAMMING. 0 0 9992915 0 49735 OPERATION OF AN EDUCATIONAL INSTITUTION FOR APPROXIMATELY 530 STUDENTS IN GRADES PRESCHOOL THROUGH EIGHTH. ENROLLMENT AT THE SCHOOL CONTINUES TO BE STRONG AND PARENT SATISFACTION IS VERY HIGH. 9992915 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 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 35 0 1 126 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 3 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X THE ORGANIZATION 6128663630 6500 NICOLLET AVENUE 101 MINNEAPOLIS MN 55423 JESSICA ARNOLDI SECRETARY/TEACHER 41.00 0.00 X X 61360 0 10289 CHRISTA HEILIGENTHAL TREASURER/TEACHER 41.00 0.00 X X 53048 0 9562 LENA STACKHOUSE-ROGERS COMMUNITY MEMBER/TEACHER 41.00 0.00 X 41695 0 3149 CRAIG NOLES TEACHER 41.00 0.00 X 23658 0 1774 ROBBIE BURKHART CHAIR (PART YEAR) 1.00 1.00 X X 0 0 0 EMILY DALAGER CHAIR (PART YEAR) 1.00 0.00 X X 0 0 0 VERONICA RAMOS VICE CHAIR 1.00 0.00 X X 0 0 0 CYNDI FRANCO SANDOVAL PARENT MEMBER 1.00 0.00 X 0 0 0 MARTIN LUNA PARENT MEMBER (PART YEAR) 1.00 0.00 X 0 0 0 TERESA BECHTOLD COMMUNITY MEMBER (PART YEAR) 1.00 0.00 X 0 0 0 LISA HENDRICKS EXECUTIVE DIRECTOR 41.00 1.00 X 135514 0 10164 315275 0 34938 1 0 0 0 MONARCH BUS SERVICE INC 101 EAST 10TH STREET SUITE 300 HASTINGS MN 55033 TRANSPORTATION 420120 CKC GOOD FOODS PO BOX 431419 MINNEAPOLIS MN 55443 SCHOOL MEALS 379931 2 10929477 207290 11136767 34 34 49735 49735 49735 11186536 49735 0 34 357475 207094 150381 5641792 5361869 279923 476570 442530 34040 590371 519591 70780 444311 412186 32125 8466 8466 81705 81705 654819 490988 163831 2281 2281 385820 337364 48456 44635 44635 861267 797258 64009 26963 26426 537 30880 30016 864 36295 33770 2525 61593 61234 359 41404 41404 TRANSPORTATION 460450 460450 FOOD 435668 435668 INSTRUCTIONAL SUPPLIES 281547 281547 STAFF TUITION REIMBURSE 48811 48811 20518 4709 15809 10993641 9992915 1000726 0 912614 1006616 1430248 1871967 32999 34433 37876 72508 36278 4305 273029 207963 182508 65066 4251292 4358488 6883815 7413383 1015259 1268726 42280 125000 127894 20838 9293618 9542749 10479051 10957313 X -3777744 -3608996 182508 65066 0 0 -3595236 -3543930 6883815 7413383 X 192895 -141589 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7255 7255 0 265774 200708 65066 65066 DEFERRED OUTFLOWS OF RESOURCES RELATED TO PENSIONS 4299575 RIGHT OF USE LEASED ASSET 58913 4358488 NET PENSION LIABILITY - LONG TERM 3213020 DEFERRED INFLOWS OF RESOURCES RELATED TO PENSIONS 6270608 LEASE LIABILITY 59121 9542749 X PART X, LINE 2: A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE SCHOOL AND PAA HAVE NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD. 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 HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THEIR ADMISSIONS AND EMPLOYMENT APPLICATIONS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. PARTNERSHIP ACADEMY ASSOCIATION CONTROLLED ENTITY INITIAL FUNDING OF BUIDING ACQUISITION X 54500 72508 0 1 1 72508 FORM 990, PART VI, SECTION A, LINE 1A THE SCHOOL'S EXECUTIVE COMMITTEE CONSISTS OF TWO OR MORE DIRECTORS AND HAS THE AUTHORITY TO OVERSEE THE BUSINESS AND AFFAIRS OF THE SCHOOL BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS AT THE NEXT BOARD MEETING CONCERNING ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE, WITH SUCH ACTIONS SUBJECT TO RATIFICATION BY THE FULL BOARD OF DIRECTORS AT SUCH MEETING. FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL'S MEMBERS INCLUDE INDIVIDUALS CURRENTLY EMPLOYED AT THE SCHOOL AND THE PARENT(S)/GUARDIAN(S) OF AN ENROLLED STUDENT. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE SCHOOL'S GOVERNING DOCUMENTS MUST BE APPROVED BY A MAJORITY VOTE OF THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD REVIEWS THE FORM 990 WHICH IS THEN BROUGHT TO THE FULL BOARD FOR APPROVAL AND SIGNATURE. THE PRESENTATION AND APPROVAL OF THE FORM 990 IS DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS WILL ANNUALLY DISCLOSE THEIR INVOLVEMENTS WITH OTHER ORGANIZATIONS WITH VENDORS, OR ANY ASSOCIATIONS, WHICH MIGHT BE OR MIGHT REASONABLY BE SEEN AS BEING A CONFLICT WHEN THE BOARD IS TO DECIDE UPON AN ISSUE, ABOUT WHICH A BOARD MEMBER HAS AN UNAVOIDABLE CONFLICT OF INTEREST, THAT BOARD MEMBER SHALL ABSENT HERSELF OR HIMSELF WITHOUT COMMENT FROM NOT ONLY THE VOTE, BUT ALSO FROM THE DELIBERATION. BOARD MEMBERS WILL NOT USE THEIR BOARD POSITION TO OBTAIN EMPLOYMENT IN THE SCHOOL FOR THEMSELVES, FAMILY MEMBERS OR CLOSE ASSOCIATES. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS BASED ON THE MARKET (OTHER SCHOOLS AND NONPROFITS) ANALYSIS, BUDGET FACTORS, AND PERFORMANCE REVIEWS. THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE SCHOOL'S OTHER OFFICERS AND TEACHERS' SALARIES ARE BASED ON THE MARKET (OTHER SCHOOLS AND NONPROFITS) ANALYSIS, BUDGET FACTORS AND PERFORMANCE REVIEWS. THE SCHOOL'S OTHER OFFICERS AND TEACHERS' SALARIES ARE APPROVED BY THE BOARD THROUGH THE BUDGET APPROVAL PROCESS EACH SPRING. WHEN INDIVIDUAL SALARIES OF THE EXECUTIVE DIRECTOR OR BOARD MEMBERS ARE DISCUSSED, THEY RECUSE THEMSELVES FROM THE DISCUSSION AND DECISION. THESE PROCESSES WERE LAST PERFORMED DURING FISCAL YEAR 18. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PERA & TERA -141,589. PARTNERSHIP ACADEMY ASSOCIATION 6500 NICOLLET AVE SOUTH RICHFIELD MN 55423 261120263 SCHOOL-SUPPORTING ACTIVITIES, LEASE OF FACILITIES MN 501(C)(3) LINE 11 PARTNERSHIP ACADEMY 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 PARTNERSHIP ACADEMY ASSOCIATION D 72508 AMOUNT DUE FROM PARTNERSHIP ACADEMY ASSOCIATION J 788156 RENT & INTEREST PAID