2021-05-17T15:04:19-05:00 2020-06-30 411431613 BERGANKDV LTD 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 990 2019-07-01 201523055 YINGHUA ACADEMY YING 6127889095 1616 BUCHANAN STREET NE MINNEAPOLIS MN 55413 AMANDA SCHNEIDER BOARD CHAIR 6127889095 2021-04-29 1 MATTHEW L MAYER CPA P01261411 9525636800 2021-04-29 2019 2022-09-23 18:48:47Z AMANDA SCHNEIDER 1616 BUCHANAN STREET NE MINNEAPOLIS MN 55413 9378478 0 X WWW.YINGHUAACADEMY.ORG X 2004 MN TO PREPARE OUR STUDENTS TO BE ENGAGED AND PRODUCTIVE GLOBAL CITIZENS BY PROVIDING A RESEARCH-BASED EDUCATIONAL PROGRAM THAT INCLUDES RIGOROUS ACADEMIC PROGRAM, IMMERSION IN CHINESE LANGUAGE AND CULTURE, AND A NURTURING AND SUPPORTIVE SCHOOL ENVIRONMENT. 13 12 155 400 0 0 8420344 8512675 985640 835476 24139 15906 55134 14421 9485257 9378478 0 0 0 0 5866584 6184958 0 0 0 3534702 3477393 9401286 9662351 83971 -283873 9842116 8116150 11179592 10366262 -1337476 -2250112 SEE PART I, LINE 1 0 0 8557067 849897 THE STARTALK FUNDED PROGRAM AT YINGHUA ACADEMY INCLUDED A STUDENT CHINESE IMMERSION SUMMER CAMP AND A TEACHER TRAINING PROGRAM. THE THREE-WEEK "CHINESE LANGUAGE, LEADERSHIP, AND TECHNOLOGY CAMP" SERVED 20 STUDENTS IN GRADES 6 THROUGH 9. THE THREE-WEEK IMPACT (IMMERSION MANDARIN PROFESSIONALS ACQUIRE COACHING AND TRAINING) PROGRAM PROVIDED TEACHER PROFESSIONAL DEVELOPMENT, EXPERIENTIAL INTERNSHIP, AND MENTORING TO 15 NEW AND NOVICE CHINESE IMMERSION TEACHERS.YINGHUA ACADEMY SERVED 822 STUDENTS DURING THE FISCAL YEAR. 8557067 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 64 0 1 155 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 1 1 0 MN X CLIFTON LARSON ALLEN 6123764500 220 SOUTH 6TH ST SUITE 300 MINNEAPOLIS MN 55402 AMANDA SCHNEIDER CHAIRPERSON 1.00 X X 0 0 0 NATHAN BODE SECRETARY 1.00 X X 0 0 0 SUZANNE REIDER TREASURER 1.00 X X 0 0 0 CINDY BURSELL BOARD MEMBER 1.00 X 0 0 0 LISA MATRE BOARD MEMBER 1.00 X 0 0 0 BROOKE DARRAH-HAGE BOARD MEMBER 1.00 X 0 0 0 PAUL HALLER BOARD MEMBER 1.00 X 0 0 0 KAISHAN KONG BOARD MEMBER 1.00 X 0 0 0 CINDY MOELLER BOARD MEMBER 1.00 X 0 0 0 ERICA RASMUSSEN BOARD MEMBER 41.00 X 44325 0 6279 JOEL LUEDTKE BOARD MEMBER 1.00 X 0 0 0 JANE STEINER BOARD MEMBER 1.00 X 0 0 0 CHARLES ROBINSON BOARD MEMBER 1.00 X 0 0 0 JENNIFER OLSEN BUSINESS/HR MANAGER 41.00 X 64618 0 6510 JEREMY BREWER DEAN OF STUDENTS 41.00 X 52948 0 18083 DR LUYI LIEN ACADEMIC DIRECTOR 41.00 X 81622 0 18309 SUSAN BERG EXECUTIVE DIRECTOR 41.00 X 116675 0 14004 360188 0 63185 1 0 0 0 METROPOLITAN TRANSPORTATION NETWORK INC 8260 HICKORY ST NE FRIDLEY MN 55432 TRANSPORTATION 553237 CKC GOOD FOOD PO BOX 431419 MINNEAPOLIS MN 55443 FOOD SERVICE 119678 2 8434057 78618 8512675 OTHER ACTIVITIES FEES 611710 309763 309763 COMM ED DAYCARE FEES 611710 183618 183618 COMM ED CLASSES FEES 611710 177462 177462 FOOD SALES 722210 164633 164633 835476 15906 15906 MISCELLANEOUS REVENUE 900099 14421 14421 14421 9378478 849897 0 15906 503925 276119 227806 4604409 4293830 310579 366477 342186 24291 388480 333024 55456 321667 285113 36554 6255 6255 42601 42601 118934 118934 359828 328086 31742 126706 73465 53241 167809 37081 130728 1407190 1404329 2861 43389 42960 429 54456 42128 12328 34321 31521 2800 TRANSPORTATION 577597 577597 FIELD TRIPS 156664 156664 FOOD SERVICE 134836 134836 INSTRUCTIONAL SUPPLIES 119389 119389 127418 78739 48679 9662351 8557067 1105284 0 580950 566599 1568513 1761219 1230043 880315 286787 85413 903163 485356 444582 417807 5731241 4404797 9842116 8116150 515086 680652 170089 14740 10494417 9670870 11179592 10366262 X -1782058 -2667919 444582 417807 0 0 -1337476 -2250112 9842116 8116150 X -283873 -628763 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40861 10012 30849 862302 475344 386958 417807 GASB 68 DEFERRED OUTFLOWS 4321071 DUE FROM YBC, INC 83726 4404797 GASB 68 NET PENSION LIABILITY 4797158 GASB 68 DEFERRED INFLOWS 4873712 9670870 X 10644911 1266433 1266433 9378478 0 9378478 10830677 1222782 1222782 9607895 54456 54456 9662351 PART X, LINE 2: 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 1,266,433. PART XII, LINE 2D - OTHER ADJUSTMENTS: BUILDING COMPANY EXPENSES 1,195,101. CAPITALIZED EQUIPMENT 27,681. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 54,456. 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 THE MATERIAL MAILED TO FAMILIES WITH SCHOOL AGE CHILDREN. SCHEDULE E, PART I, LINE 6 AS A MINNESOTA PUBLIC CHARTER SCHOOL, THE SCHOOL RECIEVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. FORM 990, PART VI, SECTION A, LINE 7A EACH PARENT AND LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL AND EACH EMPLOYEE OF THE SCHOOL SHALL HAVE THE RIGHT TO EXERCISE ONE VOTE FOR ITS BOARD CANDIDATES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE PUBLIC DISCLOSURE COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C YINGHUA BOARD MEMBERS SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT EACH YEAR (NEW AND INCOMING). THE STATMENTS ARE PROVIDED TO YINGHUA'S AUTHORIZER, FRIENDS OF EDUCATION, FOR REVIEW. ANY CONCERNS ARE VETTED BACK WITH THE YINGHUA BOARD. CORRECTIVE ACTIONS COULD INCLUDE MEMBERS RECUSING THEMSELVES FROM DISCUSSION OR VOTING WHEN THERE IS A PERCEIVED CONFLICT OF INTEREST UP TO A BOARD MEMBER RESIGNING. FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE SALARIES FOR CHARTER SCHOOL EXECUTIVE DIRECTORS ARE REVIEWED BY THE BOARD. ADDITIONALLY, THE EXECTIVE DIRECTOR IS SCORED BY RUBRIC IN ORDER TO DETERMINE COMPENSATION INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GASB 68 - PENSION ADJUSTMENT -628,763. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. YBC INC 1616 BUCHANAN STREET NE MINNEAPOLIS MN 55413 263655173 RENTAL PROPERTY MN 501(C)(3) LINE 12C, III-FI 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0