2023-04-12T17:12:49-05:00 2022-06-30 920370318 REDPATH AND COMPANY LLC 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2021-07-01 271088745 PARNASSUS PREPARATORY SCHOOL PARN 7634961416 11201 96TH AVENUE NORTH MAPLE GROVE MN 55369 CONSTANCE FORD EXECUTIVE DIRECTOR 7634961416 2023-04-10 1 CONSTANCE FORD 999009999 ASHLEY REHN CPA P00965922 6514267000 2023-04-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CONSTANCE FORD 11201 96TH AVENUE NORTH MAPLE GROVE MN 55369 16260761 0 X WWW.PARNASSUSPREP.COM X 2009 MN THE MISSION OF PARNASSUS PREPARATORY SCHOOL IS TO PROVIDE STUDENTS WITH A CLASSICAL EDUCATION, GROUNDED IN THE CLASSICAL TRIVIUM, THAT DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT. 5 4 152 75 0 0 14887620 16052860 178583 172001 7757 -3931 -3535 18799 15070425 16239729 0 0 0 0 7537188 8665287 0 0 0 6390734 7140480 13927922 15805767 1142503 433962 12185042 11987253 13743081 13327311 -1558039 -1340058 X THE MISSION OF PARNASSUS PREPARATORY SCHOOL IS TO PROVIDE STUDENTS WITH A CLASSICAL EDUCATION, GROUNDED IN THE CLASSICAL TRIVIUM, THAT DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT. 0 0 14181948 0 176197 PARNASSUS PREPARATORY SCHOOL SERVES A HIGHLY DIVERSE GROUP OF STUDENTS FROM AROUND THE NORTHWEST SUBURBS OF THE TWIN CITIES AND DEMANDS THEIR BEST IN INTELLECTUAL ACHIEVEMENT AND CHARACTER DEVELOPMENT. IN THE 2021-2022 SCHOOL YEAR, MORE THAN 66 PERCENT OF PARNASSUS' 1341 STUDENT BODY WAS COMPRISED OF STUDENTS OF COLOR. BLACK AND AFRICAN AMERICAN STUDENTS MADE UP ABOUT 43 PERCENT OF THE SCHOOL'S STUDENT POPULATION. AMONG PARNASSUS' STUDENTS, 27 PERCENT QUALIFIED FOR FREE OR REDUCED LUNCH, EIGHT PERCENT WERE ENGLISH LEARNERS, AND JUST UNDER FIVE PERCENT RECEIVED SPECIAL EDUCATION SERVICES. THE SCHOOL'S ACADEMIC PROGRAM IS STRUCTURED THROUGH A CLASSICAL EDUCATION FRAMEWORK THAT IS CENTERED ON THE LIBERAL ARTS. PARNASSUS' PROGRAM ENGAGES STUDENTS IN ENGLISH LITERATURE, MATHEMATICS, SCIENCES, FORMAL LOGIC, PHILOSOPHY, LATIN, GREEK, SPANISH, HISTORY, GEOGRAPHY, ART HISTORY, MUSIC, ARTS, AND THE LIKE. 14181948 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 1 0 0 0 0 0 0 1 1 1 0 0 1 15 0 1 152 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 MN X BERGANKDV 6514632233 22488 CHIPPENDALE AVENUE FARMINGTON MN 55024 BARBARA ROSE DIRECTOR AND EMPLOYEE 40.00 X 58940 0 22450 GREGORY FRIESS BOARD CHAIR AND TREASURER 10.00 X X 0 0 0 KENNETH ZIGRINO BOARD SECRETARY 10.00 X X 0 0 0 RAVI SHANDBHAG DIRECTOR 10.00 X 0 0 0 BENJAMIN ARK DIRECTOR 10.00 X 0 0 0 CONSTANCE FORD EXECUTIVE DIRECTOR 50.00 X 131612 0 19902 190552 0 42352 1 0 1 0 NORTHSTAR BUS LINES LLC 1830 RADISSON RD NE BLAINE MN 55449 STUDENT TRANSPORTATION 883170 CKC GOOD FOOD PO BOX 431419 MINNEAPOLIS MN 55443 FOOD SERVICE PROGRAM 373879 SYAND CORPORATION 2999 W COUNTY RD 42 STE 226 BURNSVILLE MN 55306 IT SUPPORT 316242 THE VENDOR SOLUTION LLC 506 REDPOLL AVENUE SOUTHEAST NEW PRAGUE MN 56071 BUILDING MAINTENANCE 266488 ACI ASPHALT CONTRACTORS INC PO BOX 1656 MAPLE GROVE MN 55311 CONSTRUCTION SERVICES 178217 6 5213 15839977 207670 1665 16052860 PROGRAM FEES 611600 172001 172001 172001 -3931 -3931 12310 5213 9548 2762 2762 15680 11484 4196 4196 INSURANCE REIMBURSEMENT 900099 11841 11841 11841 16239729 176197 0 10672 X 239290 86116 153174 6519201 6054636 464565 554385 500679 53706 840493 688278 152215 511918 462713 49205 1773883 1492647 281236 376904 211791 165113 241515 160938 80577 2553627 2396384 157243 128496 128356 140 229145 214437 14708 51558 51558 FOOD 733573 727106 6467 SMALL EQUIPMENT 465978 456309 9669 INSTRUCTIONAL MATERIALS 445889 445889 DUES & SUBSCRIPTIONS 49965 14321 35644 89947 89790 157 15805767 14181948 1623819 0 2316311 1723831 1542715 1538300 1604060 2633720 102072 148484 2554494 788886 1611870 1765608 5008014 4177310 12185042 11987253 1528725 1718368 5910 15220 12208446 11593723 13743081 13327311 X -3169909 -3105666 1611870 1765608 0 0 -1558039 -1340058 12185042 11987253 X 433962 -215981 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1080397 256183 824214 1474097 532703 941394 1765608 DEFERRED OUTFLOWS OF RESOURCES 4177310 4177310 DEFERRED INFLOWS OF RESOURCES 4012398 PENSION LIABILITY LT 7581325 11593723 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 BUILDING COMPANY 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 PUBLICIZES IN THEIR BROCHURES AND ENROLLMENT LITERATURE. THEIR ADMISSIONS POLICY IS PRINTED ON THEIR WEBSITE: PARNASSUS SEEKS TO ENROLL A DIVERSE AND REPRESENTATIVE STUDENT BODY, WELCOMING APPLICANTS REGARDLESS OF RACE, ETHNICITY, SOCIO-ECONOMIC STATUS, GENDER, SPECIAL NEEDS OR ENGLISH AS A SECOND LANGUAGE STATUS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. ZEUS ON THE LOOSE 12797 5213 7584 334 1266 5245 12797 5213 7584 334 1266 5245 6845 739 X X 0 0 0 0 0 0 0 0 0 CONSTANCE FORD EXECUTIVE DIRECTOR 131612 0 0 0 0 0 10803 0 9099 0 151514 0 0 0 SHAWN FORD SPOUSE OF EXECUTIVE DIRECTOR 87690 PAID EMPLOYEE 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO SUCH COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 11B TAX ORGANIZER IS PREPARED BY BERGANKDV (FINANCIAL MANAGER), THE DRAFT 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE AND THEN SENT TO THE BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT AS A CONDITION OF SERVICE ON THE BOARD. THIS IS CURRENTLY DONE ONCE PER TERM OF THE MEMBER. EACH BOARD MEMBER PROVIDES A SIGNED CONFLICT OF INTEREST FORM AS PART OF OUR ANNUAL AUDIT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY EXAMINING THE PAY OF SIMILAR POSITIONS IN OTHER CHARTER SCHOOLS. EXECUTIVE DIRECTOR COMPENSATION IS APPROVED BY THE BOARD AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. COMPENSATION OF ALL OTHER EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR. COMPENSATION IS ALSO REVIEWED BY OUR FINANCE COMMITTEE. THIS COMMITTEE DOES NOT HAVE ANY EXECUTIVE AUTHORITY AND IS DESIGNED TO PROVIDE SUPPORT TO SCHOOL ADMINISTRATION AND THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THESE ITEMS ARE ALL PUBLIC AND ARE KEPT ON FILE AT THE SCHOOL OFFICES AND CAN BE REVIEWED UPON REQUEST. FORM 990, PART IX, LINE 11G SPECIAL EDUCATION: PROGRAM SERVICE EXPENSES 67,801. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,801. OTHER FEES: PROGRAM SERVICE EXPENSES 85,657. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,657. TRANSPORTATION: PROGRAM SERVICE EXPENSES 883,733. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 883,733. CONSULTING FEES: PROGRAM SERVICE EXPENSES 455,456. MANAGEMENT AND GENERAL EXPENSES 281,236. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 736,692. FORM 990, PART XI, LINE 9: CHANGE IN PERA & TRA -215,981. PARNASSUS BUILDING COMPANY 11201 96TH AVENUE NORTH MAPLE GROVE MN 55369 825253891 LEASE OF FACILITIES MN 501(C)(3) LINE 12A, I PARNASSUS PREPARATORY SCHOOL 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 PARNASSUS BUILDING COMPANY K 2100100 RENT PAID