2023-05-11T14:25:29-07:00 2022-06-30 Robert Reese Procaccini CPA 2489 Rice Street Suite 202 Roseville MN 55113 990 2021-07-01 731663207 KALEIDOSCOPE CHARTER SCHOOL KALE 7634281890 7525 Kalland Avenue Otsego MN 55301 Amy Erendu Interim Executive Director 7634281890 2023-05-11 1 Robert Procaccini P01890510 9529920995 2023-05-11 X 1 11 1 AAL2 2021 2023-04-26 12:10:37Z Amy Erendu 7525 Kalland Avenue Otsego MN 55301 7781971 0 X www.kcsmn.org X 2002 MN To prepare students for tomorrow by emphasizing academic excellence and character development today. 8 5 120 20 0 0 8263828 7731729 8323 36410 -28013 6573 3455 0 8247593 7774712 0 0 0 0 4818279 4892042 0 0 0 2951890 2747530 7770169 7639572 477424 135140 5975581 5670068 8295058 7854405 -2319477 -2184337 Kaleidoscope Charter School's mission is to prepare students for tomorrow by emphasizing academic excellence and character development today. 0 0 7009210 0 0 Public charter school in MN serving grades K-12. 0 0 0 7009210 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 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 1 1 1 0 0 1 19 0 120 1 0 0 0 0 0 0 0 0 0 X 8 5 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 1 1 1 0 0 MN X Dieci School Finance LLC 6513092233 2489 Rice Street Suite 202 Roseville MN 55113 Travis Okerlund Ex Officio 40 0 X 104335 0 8297 Allison Jepson Member 40 0 X 45983 0 10276 Renee Seuss Member 40 0 X 43130 0 9885 Amanda Ellingson Member 40 0 X 38443 0 9535 Matt Roberts Board Chair 3 0 X X 0 0 0 Layla Burda Member 3 0 X 0 0 0 Dana Anton Member 3 0 X 0 0 0 Deby Ziesmer Treasurer 3 0 X X 0 0 0 Craig Milani Member 3 0 X 0 0 0 231891 0 37993 1 0 0 0 CKC Good Food PO Box 583598 Minneapolis MN 55458 Food Service 165643 Sora Pediatric Therapy 10250 Foley Blvd NW Number 48620 Minneapolis MN 55448 SpEd Services 144453 2 0 0 0 0 7679519 52210 0 7731729 Student Program 611710 33498 33498 0 0 Food Service 611710 2912 2912 0 0 0 0 0 0 36410 5771 5771 0 0 0 8061 0 7259 0 802 802 802 0 0 0 0 7774712 42983 0 0 296241 182288 113953 3550061 3487088 62973 338585 324047 14538 441538 404570 36968 265617 251358 14259 238629 238629 10827 10827 62787 62787 364102 364102 45472 565 44907 67797 41455 26342 1371658 1371658 35803 33724 2079 33428 33428 45599 45599 Food Service 259617 257517 2100 Instructional Materials 172367 172367 0 0 Transportation 26467 26467 0 0 Loss on Disposal of Capital Assets 12977 12977 0 0 7639572 7009210 630362 0 2508376 2177895 896538 1080497 69609 191956 20667 140993 299004 135748 122845 163256 2357546 1915471 5975581 5670068 644273 567685 7650785 7286720 8295058 7854405 X 0 0 -2442321 -2277166 122844 92829 -2319477 -2184337 5975581 5670068 135140 0 0 0 0 0 X X 0 1 X 1 0 X 0 0 0 0 0 0 0 0 113902 41363 72539 0 98286 77022 21264 0 86816 17363 69453 163256 Deferred Outflows - Pensions 1915471 1915471 Deferred Inflows - Pensions 4573253 Net Pension Liability 2643040 Lease Liability 70427 7286720 7774712 0 0 0 0 0 7774712 0 0 0 7774712 7639572 0 0 0 0 0 7639572 0 0 0 7639572 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's nondiscriminatory policy is publicized in all solicitations for students. Schedule E, Part I, Line 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. Form 990, Part VI, Section A, Line 6 The school has two classes community members & parents & guardians of enrolled students and employee members Form 990, Part VI, Section A, Line 7a Community members, parents/guardians of students, and staff are eligible to vote for board members. Form 990, Part VI, Section A, Line 8b The school does not have any committees with broad authority to act on behalf of the governing body. Form 990, Part VI, Section B, Line 11b The form 990 is prepared and a draft is reviewed by the accounting services provider and the Executive Director prior to filing with the IRS. Form 990, Part VI, Section B, Line 12c Annually, board members and key employees complete a full disclosure which includes the member, spouse and close relatives to identify potential conflicts of interest the board of directors reviews and determines if conflicts of interest exist conflict of interest forms are also reviewed annually by the audit firm individuals with potential or actual conflicts of interest do not vote on that matter all proceedings related to conflicts of interest are documented in the meeting minutes. Form 990, Part VI, Section B, Line 15 The board personnel committee, based on annual performance reviews and comparative compensation information from other charter schools, determine the annual salaries and makes a recommendation to the board the board makes final determination on compensation based on the recommendations from the finance and personnel committees as part of the annual budget process this was last performed in 2022 for the Interim Executive Director for the 2021-2022 school year. No compensation is provided to board members who are not part of the staff. Form 990, Part VI, Section C, Line 19 The school's governing documents, conflict of interest policy, and financial statements are all available upon request. Form 990, Part XII, Line 1 The school follows a modified accrual method of accounting as prescribed by the Minnesota department of education the school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting grants and similar items are recognized when all eligibility requirements imposed by the provider have been met. KCS Building Company 7525 Kalland Avenue Otsego MN 55301 300243469 School Building Lease MN 501(c)(3) 509(a)(1) Kaleidoscope Charter School 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 KCS Building Company k 1102381 Lease Agreement