2022-05-16T15:37:22-05:00 2021-06-30 411431613 BERGANKDV LTD 12100 MEREDITH DR SUITE 200 URBANDALE IA 50323 990 2020-07-01 311743008 TWIN CITIES INTERNATIONAL SCHOOLS TWIN 6128216470 277 12TH AVENUE N MINNEAPOLIS MN 55401 ABDIRASHID WARSAME SCHOOL DIRECTOR 6128216470 2022-05-16 1 ABDIRASHID WARSAME 999009999 KATHLEEN NEW CPA P01320485 5157275700 2022-05-10 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z ABDIRASHID WARSAME 277 12TH AVENUE N MINNEAPOLIS MN 55401 17272708 0 X WWW.TWINCITIESINTERNATIONALSCHOOL.ORG X 2000 MN PREPARE ALL STUDENTS FOR FUTURE SUCCESS IN BOTH SCHOOL AND LIFE. 7 5 165 0 0 0 15906023 17272394 0 0 2251 314 7804 0 15916078 17272708 0 0 0 0 9017781 9478954 0 0 0 6309953 6971589 15327734 16450543 588344 822165 11789422 10477770 16170306 14258194 -4380884 -3780424 X THE TWIN CITIES INTERNATIONAL ELEMENTARY SCHOOL MISSION IS TO PROVIDE A RIGOROUS EDUCATION IN A CULTURALLY SENSITIVE ENVIRONMENT TO ALL STUDENTS ENROLLED. FOUNDED BY EDUCATIONAL LEADERS IN THE TWIN CITIES COMMUNITIES, THIS PUBLIC CHARTER SCHOOL IS OPEN TO SERVE ALL STUDENTS AND ULTIMATELY SEEKS TO PERPARE STUDENTS FOR SUCCESSFUL AND PRODUCTIVE LIVES AS UNITED STATES CITIZENS WHILE ALLOWING THEM TO RETAIN THEIR UNIQUE CULTURAL HERITAGE. 0 0 14429539 TWIN CITIES INTERNATIONAL SCHOOLS IS A NONPROFIT CORPORATION THAT WAS FORMED AND BEGAN OPERATING IN 2000, IN ACCORDANCE WITH MINNESOTA STATUTES. 14429539 1 0 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 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 27 0 1 165 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 1 1 0 1 0 0 0 1 1 1 0 0 1 1 0 0 MN X BUSINESS MANAGEMENT OFFICE INC 6128216470 277 12TH AVENUE N MINNEAPOLIS MN 55401 X WARSAME SHIRWA BOARD CHAIR 2.00 X X 0 0 0 ABDI ELMI DIRECTOR 2.00 X 0 0 0 MOHAMED MUMIN DIRECTOR 2.00 X 0 0 0 CYPRIAN MARUBI DIRECTOR/TEACHER 40.00 X 61941 0 4794 MARIAN ADEN DIRECTOR/TEACHER 40.00 X 61250 0 5382 HEIDI TESFAYE DIRECTOR 2.00 X 0 0 0 ADBIRIZAK BOTAN DIRECTOR 2.00 X 0 0 0 ABDIRASHID WARSAME SCHOOL DIRECTOR 40.00 X 120500 0 10119 243691 0 20295 1 0 0 0 MONARCH BUS SERVICES 101 EAST 10TH STREET 300 HASTINGS MN 55033 TRANSPORTATION 1051638 CKC GOOD FOOD PO BOX 583598 MINNEAPOLIS MN 55443 FOOD SERVICE 597576 2 17272394 17272394 314 314 17272708 0 0 314 283822 144964 138858 6915587 5997966 917621 571760 521249 50511 1165142 1084773 80369 542643 484288 58355 12077 12077 92850 92850 747494 549770 197724 185 185 380176 239801 140375 585126 325603 259523 1902950 1902950 30516 30034 482 173640 146874 26766 55821 55821 TRANSPORTATION 1242260 1242260 INSTRUCTIONAL SUPPLIES 829516 829516 FOOD SERVICE 596309 596309 EQUIPMENT RENTAL AND MA 252512 243136 9376 70157 34225 35932 16450543 14429539 2021004 0 X 3576003 4057447 952609 1467498 4800190 3187571 1786259 1612619 5474551 3340206 11789422 10477770 845857 846385 15324449 13411809 16170306 14258194 X -6167143 -5393043 1786259 1612619 0 0 -4380884 -3780424 11789422 10477770 X 822165 -221705 X X 0 1 X 1 0 X 1511945 369808 1142137 3288245 2817763 470482 1612619 DEFERRED OUTFLOWS RELATED TO PENSION 3340206 3340206 DEFERRED INFLOWS RELATED TO PENSIONS 5823472 NET PENSION LIABILITY 7588337 13411809 X 19147393 1874685 1874685 17272708 0 17272708 18708254 2257711 2257711 16450543 0 16450543 PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ACADEMY IS ALSO EXEMPT FROM MINNESOTA FRANCHISE OR INCOME TAX. THE ACADEMY IS REQUIRED TO ASSESS WHETHER AN UNCERTAIN TAX POSITION EXISTS AND IF THERE SHOULD BE RECOGNITION OF A RELATED BENEFIT OR LIABILITY IN THE FINANCIAL STATEMENTS. THE ACADEMY HAS DETERMINED THERE ARE NOT AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BUILDING COMPANY REVENUES 248. GASB 68 13,516. INTERNCOMPANY RENT 1,860,921. PART XII, LINE 2D - OTHER ADJUSTMENTS: BUILDING COMPANY EXPENDITURES 2,022,490. GASB 68 235,221. 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 ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO VOTING CLASSES OF MEMBERSHIP DESIGNATED AS "ENROLLEE MEMBERS AND "EMPLOYEE MEMBERS". ENROLLMENT OF A CHILD IN THE ORGANIZATION SHALL QUALIFY THE PARENT(S) OR LEGAL GUARDIAN(S) OF SUCH CHILD FOR MEMBERSHIP DURING THE CHILD'S ENROLLMENT. PAID EMPLOYMENT BY THE ORGANIZATION SHALL QUALIFY THE EMPLOYEE FOR MEMBERSHIP DURING THE TERM OF THEIR EMPLOYMENT. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS IN GOOD STANDING ARE ELIGIBLE TO VOTE FOR THE BOARD MEMBERS AT THE ANNUAL MEETING IN PERSON OR BY PROXY. FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY THE FINANCIAL CONSULTANT PRIOR TO APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD USED COMPARATIVE DATE TO DETERMINE THE SCHOOL DIRECTOR'S COMPNESATION AND DOCUMENTED THE DELIBERATION AND DECISION IN THE BOARD MEETING MINUTES, THE PROCESS WAS LAST PERFORMED IN 2018 FOR THE SCHOOL'S DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DOCUMENTS WOULD BE MADE 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. CYPRIAN MARUBI AND MARIAN ADEN 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: GASB 68 -221,705. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MIMCS BUILDING COMPANY 277 12TH AVENUE NORTH MINNEAPOLIS MN 55401 821302123 BUILDING COMPANY MN 501(C)(3) LINE 12A, I TWIN CITIES INTERNATIONAL SCHOOL 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 TWIN CITIES INTERNATIONAL SCHOOLS AFFILIATED BUILDING COMPANY K 1860921 LEASE AGREEMENT