2021-05-12T10:54:29-05:00 2020-06-30 411431613 BERGANKDV LTD 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 990 2019-07-01 453597879 UPPER MISSISSIPPI ACADEMY UPPE 6515288091 19 E EXCHANGE ST ST PAUL MN 55101 AMY ERICKSON EXECUTIVE DIRECTOR 6515288091 2021-05-04 1 NICKOLAS S TAINTOR CPA P02438815 9525636800 2021-05-04 2019 2022-09-23 18:48:47Z JOSEPH KLANCHER 19 E EXCHANGE ST ST PAUL MN 55101 4818457 0 X WWW.UMISSACADEMY.ORG X 2011 MN A COLLABORATIVE COMMUNITY ENGAGING LIFELONG LEARNERS IN ACTIVE, AUTHENTIC EXPERIENCES. 8 6 74 0 0 0 4311495 4754635 36207 38614 453 454 14833 23442 4362988 4817145 0 0 0 0 2812471 3078554 0 0 0 1331142 1599486 4143613 4678040 219375 139105 3938786 3541560 5049386 4980096 -1110600 -1438536 UPPER MISSISSIPPI ACADEMY IS A COLLABORATIVE COMMUNITY ENGAGING LIFELONG LEARNERS IN ACTIVE, AUTHENTIC EXPERIENCES. 0 0 4187725 46999 THIS PAST YEAR REPRESENTED THE SEVENTH FULL YEAR OF OPERATION AS A MN PUBLIC CHARTER SCHOOL. WE HAD APPROXIMATELY 325 STUDENTS IN GRADES 6 - 12. 4187725 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 13 0 1 74 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 1 0 0 0 MN X BERGANKDV 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 X JOSEPH KLANCHER CHAIRPERSON 10.00 X X 0 0 0 CHAD LAUBER VICE CHAIR 2.00 X X 0 0 0 LESLEY ERNST SECRETARY/ TEACHER 42.00 X X 53059 0 10438 GENNA THOMPSON TREASURER/ TEACHER 42.00 X X 60706 0 9609 ELLA KEARNEY MEMBER/TEACHER 42.00 X 53436 0 9310 CHRIS MORTENSON MEMBER/TEACHER 42.00 X 44649 0 3696 ZOE BREIMHORST MEMBER 2.00 X 0 0 0 MYISHA HOLLEY MEMBER 2.00 X 0 0 0 PAT MAXWELL MEMBER 2.00 X 0 0 0 CASSIE ROUSE MEMBER 2.00 X 0 0 0 ARSLAN AZIZ EXECUTIVE DIRECTOR (PARTIAL YEAR) 21.36 X 42925 0 3633 AMY ERICKSON EXECUTIVE DIRECTOR (PARTIAL YEAR) 6.00 X 13133 0 2239 267908 0 38925 0 0 0 0 MONARCH BUS SERVICE INC 101 EAST 10 STREET STE 300 HASTINGS MN 55033 TRANSPORTATION 252562 1 4681412 73223 4754635 FEES FROM PATRONS 611710 33961 33961 FOOD SALES TO PUPILS 611710 4625 4625 MEDICAL ASSISTANCE 611710 28 28 38614 454 454 15604 400 15204 15204 765 912 -147 -147 MISCELLANOUS INCOME 900099 8385 8385 8385 4817145 46999 0 15511 346219 220305 125914 72075 72075 2087843 1995993 91850 163314 156425 6889 211918 188281 23637 197185 171284 25901 882 882 76147 76147 130415 117123 13292 45212 26856 18356 83390 46327 37063 696931 696931 6003 5698 305 28024 22296 5728 19953 19953 STUDENT TRANSPORTATION 335414 334414 1000 EQUIP PURCH & MAINT 71246 38245 33001 INSTRUCTIONAL SUPPLIES 38748 38748 DUES & MEMBERSHIPS 30385 35 30350 36736 36736 4678040 4187725 490315 0 X 227312 363743 351066 451520 559875 401218 86819 103612 367649 154278 63357 213371 2650357 2008096 3938786 3541560 329315 347245 2000 90000 4718071 4542851 5049386 4980096 X -1173957 -1561907 63357 123371 0 0 -1110600 -1438536 3938786 3541560 X 139105 -467041 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 119360 5378 113982 248289 148900 99389 213371 DEFERRED PENSION RESOURCES 2008096 2008096 NET PENSION LIABILITY 2240164 DEFERRED PENSION RESOURCES 2302687 4542851 X 4830889 13744 13744 4817145 0 4817145 5158825 480785 480785 4678040 0 4678040 PART X, LINE 2: 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, 2020, 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: GASB 68 PENSIONS 13,344. FUNDRAISING EXPENSES 400. PART XII, LINE 2D - OTHER ADJUSTMENTS: GASB 68 PENSIONS 480,385. FUNDRAISING EXPENSES 400. 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 MATERIALS MAILED TO FAMILIES WITH SCHOOL-AGED CHILDREN. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. SPRING GALA 15604 15604 400 15604 15604 400 400 15204 FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF BOARD MEMBERS SHALL BE HELD ANNUALLY. EACH PARENT AND LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL AND EACH EMPLOYEE OF THE SCHOOL, AND EACH MEMBER OF THE BOARD OF DIRECTORS SHALL HAVE THE RIGHT TO CAST ONE BALLOT FOR ITS BOARD CANDIDATES. A PARENT/LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL WHO IS ALSO EMPLOYED AT THE SCHOOL SHALL HAVE THE RIGHT TO CAST ONE BALLOT FOR ITS BOARD CANDIDATES. ELECTIONS SHALL BE DECIDED BY A MAJORITY OF THE ELIGIBLE BALLOTS CAST. TIES SHALL BE DECIDED VIA SIMPLE COIN FLIP OR ALTERNATIVE MEANS AGREED TO BY AFFECTED CANDIDATES. 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 THE FORM 990 IS PREPARED BY THE SCHOOL ACCOUNTANT. PRIOR TO FILING THE FORM 990, MEMBERS OF THE FINANCE COMMITTEE WILL CONDUCT A DETAIL REVIEW AND PROVIDE THE APPROVED PUBLIC DISCLOSURE DRAFT OF THE FORM 990 TO THE FULL BOARD OF DIRECTORS FOR ANY CHANGE REQUESTS OR QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C AT EACH BOARD MEETING, ALL MEMBERS ARE REQUESTED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT AROSE SINCE THE PRIOR MEETING. ANY CONFLICT ARE DISCUSSED AND DOCUMENTED IN THE BOARD MEETING MINUTES. ON AN ANNUAL BASIS, ALL BOARD MEMBERS SIGN CONFLICT OF INTEREST STATEMENTS FOR BOTH THE SCHOOL AND AUTHORIZER, PER POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE 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. CHRIS MORTENSON, LESLEY ERNST, ELLA KEARNEY AND GENNA THOMPSON ARE BOARD MEMBERS BUT RECEIVE 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: PENSION EXPENSE RELATING TO NET PENSION LIABILITIES 13,344. DIRECT AID CONTRIBUTIONS RELATING TO NET PENSION LIABILITIES -480,385. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT, THE REVIEW OF THE FINANCIAL STATEMENTS, AND SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990, PART XII, LINE 2C THE BOARD IS RESPONSIBLE FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. UPPER MISSISSIPPI ACADEMY PTO 19 E EXCHANGE ST ST PAUL MN 55101 472409633 PARENT ORGANIZATION MN 501(C)(3) LINE 12 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0