2025-05-09T11:44:38-05:00 2024-06-30 471019942 CREATIVE PLANNING TAX LLC 100 E PARK AVE STE 300 WATERLOO IA 50703 990 2023-07-01 411907844 MATH & SCIENCE ACADEMY MATH 6515787507 8430 WOODBURY CROSSING WOODBURY MN 55125 KATE HINTON EXECUTIVE DIRECTOR 6515787507 2025-05-09 1 0 MICHELLE M HEKEL P01440878 3192346885 2025-05-08 2023 2025-03-06 01:10:19Z KATE HINTON 8430 WOODBURY CROSSING WOODBURY MN 55125 7988050 0 X WWW.MNMSA.ORG X 1998 MN WE PROVIDE ACCELERATED CURRICULA IN ALL SUBJECTS WITH AN EMPHASIS ON MATH AND SCIENCE. 9 5 142 15 0 0 6385288 7227229 161150 193584 72742 98968 86804 468269 6705984 7988050 0 0 0 0 4249128 4762923 0 0 0 2436538 2670469 6685666 7433392 20318 554658 4847470 4768894 4912655 4581508 -65185 187386 X WE PROVIDE ACCELERATED CURRICULA IN ALL SUBJECTS WITH AN EMPHASIS ON MATH AND SCIENCE. 0 0 6341989 658366 MATH & SCIENCE ACADEMY (MSA) OPENED IN THE FALL OF THE 1999-2000 SCHOOL YEAR AND SERVES STUDENTS GRADES SIX THROUGH TWELVE. MSA PLACES TREMENDOUS VALUE ON A SCHOOL DESIGN THAT IS CURRICULUM BASED, STANDARDS DRIVEN, AND COLLABORATIVELY RUN. THE CURRICULUM PLACES EMPHASIS IN THE AREAS OF MATH AND SCIENCE WITH A BALANCE OF HUMANITIES. THE AGREED UPON STANDARD REQUIRES THAT STUDENTS ACHIEVE FAR BEYOND CURRENT STATE MANDATES AND TESTING CRITERIA. EVERY STUDENT AT MSA IS REQUIRED TO COMPLETE A MATH PROGRAM THROUGH CALCULUS AND A HIGH SCHOOL SCIENCE PROGRAM THAT INCLUDES BIOLOGY, CHEMISTRY, AND PHYSICS. IN ADDITION, ALL STUDENTS AT MSA ARE REQUIRED TO TAKE SOCIAL STUDIES AND ENGLISH EVERY YEAR, SPANISH THROUGH THE 11TH GRADE, AND AT LEAST ONE YEAR OF HIGH SCHOOL FINE ARTS. IN 2023-2024, THE SCHOOL SERVED AN AVERAGE OF 599 STUDENTS. 6341989 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 18 0 1 142 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 5 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MN X CREATIVE PLANNING 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 BLOOMINGTON MN 55431 X WENDELL SLETTEN BOARD CHAIR/TEACHER 41.00 0.00 X X 54855 0 15479 BRIAN LINZMEIER VICE CHAIR 1.00 0.00 X X 0 0 0 ISAAC LEONHARDI TREASURER/TEACHER 41.00 1.00 X X 44618 0 11815 SARAH HARMS SECRETARY/TEACHER 41.00 0.00 X X 40794 0 10998 TAMI BROOKS MEMBER/TEACHER 41.00 0.00 X 57728 0 17862 KARI KOERNER MEMBER 1.00 0.00 X 0 0 0 MARY YAPP MEMBER 1.00 0.00 X 0 0 0 DAN ELLINGSON MEMBER 1.00 0.00 X 0 0 0 JULES KINKEL MEMBER 1.00 0.00 X 0 0 0 KATE HINTON EXECUTIVE DIRECTOR (BEG OCT 2023) 41.00 1.00 X 118287 0 44591 RANDALL VETSCH EXECUTIVE DIRECTOR (END OCT 2023) 40.00 0.00 X 107604 0 38352 STEVEN HOEMANN MIDDLE SCHOOL PRINCIPAL 40.00 0.00 X 110615 0 49743 LYTOU LEE HIGH SCHOOL PRINCIPAL 40.00 0.00 X 106828 0 19778 JILLYNNE RAYMOND SPECIAL SERVICES DIRECTOR 40.00 0.00 X 111031 0 28198 752360 0 236816 5 0 1 0 T-10 CONSTRUCTION 1782 200TH LANE NORTHWEST OAK GROVE MN 55011 ROOFING SERVICES 190356 CREATIVE PLANNING 5454 WEST 110TH STREET OVERLAND PARK KS 66211 FINANCIAL MANAGEMENT & ACCOUNTING SERVIC 106800 2 7152838 74391 7227229 FEES FROM PATRONS 611710 158572 158572 ADMISSION/ACTIVITY REV 611710 33622 33622 MEDICAL ASSISTANCE 611710 1390 1390 193584 98968 98968 3487 0 3487 3487 INSURANCE RECOVERY 900099 369062 369062 MAINTENANCE FEE REIMBU 900099 92498 92498 MISCELLANEOUS INCOME 900099 3222 3222 464782 7988050 658366 0 102455 483661 263620 220041 3241184 2805406 435778 293375 258540 34835 478572 426854 51718 266131 221049 45082 15492 15492 113900 113900 545172 480135 65037 133551 101830 31721 267898 234859 33039 932905 932905 50480 47212 3268 6273 6273 241231 240364 867 56954 56954 INSTRUCTIONAL SUPPLIES 97238 97238 EQUIP RENTAL & MAINT 87919 87919 FIELD TRIPS 64334 64334 DUES & MEMBERSHIPS 57122 16497 40625 7433392 6341989 1091403 0 X 804 804 2012230 1425315 815575 996206 317770 288212 1352565 652793 355809 699772 1345282 1358585 4847470 4768894 751038 731040 176560 3985057 3850468 4912655 4581508 X 0 0 0 0 -65185 187386 -65185 187386 4847470 4768894 X 554658 -302087 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 660155 182413 477742 692410 470380 222030 699772 DEFERRED OUTFLOWS - PENSIONS 749879 DUE FROM MSA BC 581844 LEASED ASSET - RIGHT TO USE 26862 1358585 NET PENSION LIABILITY 3633464 LEASE LIABILITIES 29369 DEFERRED INFLOWS - PENSION 187635 3850468 X PART X, LINE 2: THE CHARTER SCHOOL IS EXEMPT FROM INCOME TAX 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, 2024, 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. 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 THE RACIALLY NONDISCRIMINATORY POLICY AVAILABLE ON THE WEBSITE. 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 KATE HINTON EXECUTIVE DIRECTOR (BEG OCT 2023) 118287 0 0 0 0 0 13750 0 30841 0 162878 0 0 0 STEVEN HOEMANN MIDDLE SCHOOL PRINCIPAL 110615 0 0 0 0 0 12430 0 37313 0 160358 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE SCHOOL'S BOARD IS ELECTED AS FOLLOWS: THREE PARENT/GUARDIAN MEMBERS, TWO UNAFFILIATED COMMUNITY MEMBERS, AND FOUR CERTIFIED TEACHER MEMBERS ARE ELECTED BY THE TEACHERS AND PARENTS/GUARDIANS OF ENROLLED STUDENTS. 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 PRIOR TO FILING THE FORM 990, THE FINANCE MANAGER, TREASURER, AND SCHOOL DIRECTOR WILL CONDUCT A DETAIL REVIEW. THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FILED FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY COVERS OFFICERS AND BOARD MEMBERS AND REQUIRES EACH COVERED INDIVIDUAL TO NOTIFY THE BOARD OF DIRECTORS ABOUT ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST UPON ACKNOWLEDGMENT THAT A CONFLICT MAY EXIST. THE CONFLICTED INDIVIDUAL IS EXPECTED TO REPORT ALL MATERIAL FACTS TO THE BOARD, WHO SHALL DETERMINE WHETHER A CONFLICT EXISTS WITHOUT THE CONFLICTED INDIVIDUAL. THE CONFLICTED INDIVIDUAL MAY NOT VOTE OR PARTICIPATE IN THE DETERMINATION PROCESS. ALL CONFLICTS AND PROCEEDINGS ARE DOCUMENTS IN THE MEETING MINUTES. 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. SALARY INCREASES FOR ALL STAFF ARE DETERMINED BY THE BUDGET COMMITTEE BASED ON ESTIMATES OF BENEFITS, FUNDING AND AFTER REVIEW OF COMPARABILITY DATA. TEACHERS WHO SERVE ON THE BOARD ARE NOT COMPENSATED FOR THEIR SERVICES AS BOARD MEMBERS/OFFICERS BUT RATHER FOR THEIR SERVICES AS TEACHERS AT THE SCHOOL. THE ANNUAL EMPLOYMENT CONTRACT IS APPROVED BY THE BOARD OF DIRECTORS FOR EACH EMPLOYEE. IN ADDITION, ALL TEACHING STAFF SALARIES ARE DETERMINED ON A STEP AND LANE BOARD APPROVED GRID. THIS PROCESS FOLLOWS A SCHEDULE THAT WAS UPDATED IN 2017-2018. 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 ON ITS WEBSITE AND/OR 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. WENDELL SLETTEN, ISAAC LEONHARDI, SARAH HARMS AND TAMI BROOKS ARE BOARD MEMBERS BUT RECEIVED COMPENSATION FOR SERVICES AS TEACHERS. THESE TEACHERS DID NOT RECEIVE COMPENSATION FOR THEIR SERVICES AS BOARD MEMBERS. 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 ADJUSTMENT RELATING TO NET PENSION LIABILITIES -302,087. MSA BUILDING COMPANY 8400 WOODBURY CROSSING WOODBURY MN 55125 411926728 RENTAL PROPERTY MN 501(C)(3) LINE 12A, I MATH & SCIENCE ACADEMY 1 0 0 0 1 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 MSA BUILDING COMPANY K 815913 LEASE AGREEMENT MSA BUILDING COMPANY D 581844 CASH BALANCE