2022-04-06T14:35:22-05:00 2021-06-30 411397419 Abdo 5201 Eden Avenue Suite 250 Edina MN 55436 990 2020-07-01 300562083 STEP Academy Charter School STEP 6512896120 835 5th Street East St Paul MN 55106 Mustafa Ibrahim Executive Director 6512896120 2022-04-05 1 Mustafa Ibrahim XXX-XX-XXXX Steven D Anseth CPA P00552219 9528359090 2022-04-05 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Mustafa Ibrahim 835 5th Street East St Paul MN 55106 8269409 0 X www.stepacademymn.org X 2009 MN Public charter school that serves grades K-12. 5 4 83 25 0 0 8470377 8233949 23582 6673 15684 2053 0 26734 8509643 8269409 0 0 0 0 4852330 4784390 0 0 0 3481068 3436297 8333398 8220687 176245 48722 5778712 6426956 5769053 6368575 9659 58381 To empower students to use their personal attributes and acquired knowledge to lead productive lives and become contributing members of the global community. 0 0 7399262 6673 Step is a k-12 charter school located in St Paul, Minnesota, that promotes early college education through ensuring that all students achieve academic excellence, obtain college credit while in high school, are fully motivated and prepared to successfully matriculate in college, and graduate with the critical knowledge and skills required for employment in scientific, technical, and other skilled careers. 7399262 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 83 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X X Mustafa Ibrahim 6512896120 835 5th Street East St Paul MN 55106 Mustafa Ibrahim Executive Director 41.00 X 111146 0 32601 Rahima Ahmed Member/Teacher 41.00 X 49708 0 4351 Abdulrazzaq Mursal Board Chair 5.00 X X 0 0 0 Amina Mohamud Vice Chair 5.00 X X 0 0 0 Abdiladif Sanbul Member 5.00 X 0 0 0 Mohamed Shurye Member 5.00 X 0 0 0 160854 0 36952 1 0 0 0 Bille Bus Transportation Inc 2500 New Brighton Blvd Ste 113 Minneapolis MN 55418 Transportation 1040842 Blue Bell Enterprises Inc 775 Woodlands Pkwy STE 100 Ridgeland MS 39157 Food Service 211231 Designs for Learning 2233 University Avenue W Suite 450 St Paul MN 55114 Tech/Program Support 170311 3 8233949 8233949 Fees from patrons 900099 3355 3355 Misc local revenue 900099 3174 3174 Medical assistance 900099 144 144 6673 2053 2053 Pension Revenue 900099 26734 26734 26734 8269409 6673 0 28787 157684 141916 15768 3189221 2973587 215634 727715 667262 60453 445071 338287 106784 264699 237336 27363 457583 295326 162257 344314 190384 153930 207703 174188 33515 1106704 1095846 10858 1045977 1045477 500 1445 1445 51912 48868 3044 21120 21120 Equipment Purchased 86123 86123 Other expenses 83493 57070 26423 Food 28560 25672 2888 Dues and Memberships 1363 800 563 8220687 7399262 821425 0 1637654 1891492 930452 1193619 125989 114043 553315 183807 335297 369508 2749320 2858294 5778712 6426956 512121 559781 22000 5256932 5786794 5769053 6368575 X -49403 5087 59062 53294 9659 58381 5778712 6426956 48722 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 244555 45627 198928 308760 138180 170580 369508 Pension deferred outflows 2858294 2858294 Net pension liability 3899681 Pension deferred inflows 1887113 5786794 X 8269409 0 8269409 0 8269409 8220687 0 8220687 0 8220687 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, 2021, 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 open. 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 Distributed with enrollment. Schedule E, Part I, Line 6 STEP Academy recevies financial assistance from the Minnesota Department of Education and U.S. Department of Education. Form 990, Part VI, Section B, line 11b Form 990 reviewed by the academy's Executive Director who is authorized by the Board of Directors to approve its submission. Form 990, Part VI, Section B, line 12c Officers, directors, and key employees review this policy at start of each year and each is asked if they have any conflicts or potential conflicts to disclose if so, they are asked to identify them in detail. Form 990, Part VI, Section B, line 15a Written employment contract and approval by the board. Form 990, Part VI, Section C, line 19 Organization's form 990 can be found on guidestar.com and can be made available upon request. Form 990, Part XII, Line 2c: This process has not changed from the prior year.