2023-05-11T08:08:37-05:00 2022-06-30 411431613 BERGANKDV LTD 12100 MEREDITH DR SUITE 200 URBANDALE IA 50323 990 2021-07-01 453597879 UPPER MISSISSIPPI ACADEMY UPPE 6515288091 19 E EXCHANGE ST ST PAUL MN 55101 AMY ERICKSON EXECUTIVE DIRECTOR 6515288091 2023-05-10 1 AMY ERICKSON 999009999 KATHLEEN NEW CPA P01320485 5157275700 2023-05-05 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CHAD LAUBER 19 E EXCHANGE ST ST PAUL MN 55101 4800138 0 X WWW.UMISSACADEMY.ORG X 2011 MN A COLLABORATIVE COMMUNITY ENGAGING LIFELONG LEARNERS IN ACTIVE, AUTHENTIC EXPERIENCES. 9 6 78 23 0 0 5392842 4769816 3388 23416 -179 49 12404 6315 5408455 4799596 0 0 0 0 3443714 3455203 0 0 0 1548502 1976297 4992216 5431500 416239 -631904 3563323 6701484 4951022 8913538 -1387699 -2212054 UPPER MISSISSIPPI ACADEMY IS A COLLABORATIVE COMMUNITY ENGAGING LIFELONG LEARNERS IN ACTIVE, AUTHENTIC EXPERIENCES. 0 0 4961154 27770 THIS PAST YEAR REPRESENTED THE NINTH FULL YEAR OF OPERATION AS A MN PUBLIC CHARTER SCHOOL. WE HAD APPROXIMATELY 244 STUDENTS IN GRADES 6-12. 4961154 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11 0 1 78 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 6 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 1 1 0 0 0 MN X BERGANKDV 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 X AMY ERICKSON EXECUTIVE DIRECTOR 40.00 X 96103 0 16270 DINA BERRAY MEMBER/TEACHER 42.00 X 56660 0 16857 MICKEY JUREWICZ MEMBER/TEACHER 42.00 X 53796 0 14903 ANNA WALTERS MEMBER/TEACHER 42.00 X 48679 0 11413 GENNA THOMPSON FORMER MEMBER/ TEACHER 40.00 X 37228 0 7797 ELLA KEARNEY FORMER MEMBER/TEACHER 40.00 X 34856 0 6834 JEAN FAWVER FORMER MEMBER/TEACHER 40.00 X 19628 0 9037 LESLEY ERNST FORMER MEMBER/TEACHER 40.00 X 10651 0 1016 CHAD LAUBER CHAIRPERSON 10.00 X X 0 0 0 ZOE BREIMHORST VICE CHAIR 2.00 X X 0 0 0 DAVID BORN SECRETARY 2.00 X X 0 0 0 PAT MAXWELL TREASURER 2.00 X X 0 0 0 TISA MITCHELL MEMBER 2.00 X 0 0 0 PAO MOUA MEMBER 2.00 X 0 0 0 357601 0 84127 0 1 0 0 MONARCH BUS SERVICE INC 101 EAST 10 STREET STE 300 HASTINGS MN 55033 TRANSPORTATION 282242 1 4724935 44881 4769816 FEES FROM PATRONS 611710 21866 21866 FOOD SALES TO PUPILS 611710 1059 1059 MEDICAL ASSISTANCE 611710 491 491 23416 49 49 2503 542 1961 1961 MISCELLANOUS INCOME 900099 4354 4354 4354 4799596 27770 0 2010 318578 205940 112638 2506059 2405205 100854 202849 195398 7451 205694 193960 11734 222023 184051 37972 22998 22998 83700 83700 167224 134321 32903 54956 47034 7922 214523 197367 17156 198895 198895 11808 11808 120001 120001 585177 577128 8049 22284 22284 STUDENT TRANSPORTATION 357660 357660 FOOD SERVICE 42262 42262 DUES & MEMBERSHIPS 26951 662 26289 INSTRUCTIONAL SUPPLIES 25369 25369 42489 41809 680 5431500 4961154 470346 0 X 552682 535939 810977 11083 491314 650093 21139 34131 436357 180003 198180 256354 1489031 5213884 3563323 6701484 471834 372735 90000 90000 4389188 8450803 4951022 8913538 X -1495879 -2234097 108180 22043 0 0 -1387699 -2212054 3563323 6701484 X -631904 -192451 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 119360 18287 101073 316997 161716 155281 256354 DEFERRED OUTFLOWS - PENSION 1337740 RIGHT OF USE ASSETS 3876144 5213884 NET PENSION LIABILITY 1865223 DEFERRED INFLOWS - PENSION 2565125 RIGHT OF USE LIABILITIES 4020455 8450803 X 4801846 2250 2250 4799596 0 4799596 5626201 194701 194701 5431500 0 5431500 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, 2022, 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: GASB 68 PENSIONS 2,250. LOSS ON DISPOSALS RECLASS PART XII, LINE 2D - OTHER ADJUSTMENTS: GASB 68 PENSIONS 194,701. LOSS ON DISPOSALS RECLASS 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 THROUGH MATERIALS MAILED TO FAMILIES WITH SCHOOL-AGED CHILDREN. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. X X 0 0 0 0 0 0 0 0 0 GENNA THOMPSON FORMER MEMBER/ TEACHER 36928 0 0 0 300 0 3158 0 4639 0 45025 0 0 0 ELLA KEARNEY FORMER MEMBER/TEACHER 34556 0 0 0 300 0 2904 0 3930 0 41690 0 0 0 JEAN FAWVER FORMER MEMBER/TEACHER 19328 0 0 0 300 0 1820 0 7217 0 28665 0 0 0 LESLEY ERNST FORMER MEMBER/TEACHER 10571 0 0 0 80 0 870 0 146 0 11667 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF BOARD MEMBERS SHALL BE HELD ANNUALLY. EACH PARENT AND LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL AND EACH EMPLOYEE OF THE SCHOOL, AND EACH MEMBER OF THE BOARD OF DIRECTORS SHALL HAVE THE RIGHT TO CAST ONE BALLOT FOR ITS BOARD CANDIDATES. A PARENT/LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL WHO IS ALSO EMPLOYED AT THE SCHOOL SHALL HAVE THE RIGHT TO CAST ONE BALLOT FOR ITS BOARD CANDIDATES. ELECTIONS SHALL BE DECIDED BY A MAJORITY OF THE ELIGIBLE BALLOTS CAST. TIES SHALL BE DECIDED VIA SIMPLE COIN FLIP OR ALTERNATIVE MEANS AGREED TO BY AFFECTED CANDIDATES. FORM 990, PART VI, SECTION A, LINE 8B THE ACADEMY DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ACCOUNTANT. PRIOR TO FILING THE FORM 990, MEMBERS OF THE FINANCE COMMITTEE WILL CONDUCT A DETAIL REVIEW AND PROVIDE THE APPROVED FORM TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AT EACH BOARD MEETING, ALL MEMBERS ARE REQUESTED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT AROSE SINCE THE PRIOR MEETING. ANY CONFLICT ARE DISCUSSED AND DOCUMENTED IN THE BOARD MEETING MINUTES. ON AN ANNUAL BASIS, ALL BOARD MEMBERS SIGN CONFLICT OF INTEREST STATEMENTS FOR BOTH THE SCHOOL AND AUTHORIZER, PER POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A: RELATED BOARD MEMBERS PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE A LICENSED TEACHER AS A MEMBER OF THE BOARD OF DIRECTORS. MICKEY JUREWICZ, DINA BERRAY, AND ANNA WALTERS ARE BOARD MEMBERS BUT RECEIVED COMPENSATION FOR THEIR SERVICES AS TEACHERS. 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: PENSION EXPENSE RELATING TO NET PENSION LIABILITIES -194,701. DIRECT AID CONTRIBUTIONS RELATING TO NET PENSION LIABILITIES 2,250. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT, THE REVIEW OF THE FINANCIAL STATEMENTS, AND SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990, PART XII, LINE 2C THE BOARD IS RESPONSIBLE FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. UPPER MISSISSIPPI ACADEMY PTO 19 E EXCHANGE ST ST PAUL MN 55101 472409633 PARENT ORGANIZATION MN 501(C)(3) LINE 12 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0