2021-12-20T09:14:42-06:00 2021-06-30 411397419 Abdo 5201 Eden Ave Ste 250 Edina MN 55436 990 2020-07-01 822364892 Gateway STEM Academy Charter School No 4264 GATE 9522064050 12119 16th Ave S Burnsville MN 55337 Abdiaziz Farah Executive Director 9522064050 2021-12-06 1 Abdiaziz Farah XXX-XX-XXXX Steven D Anseth CPA P00552219 9528359090 2021-12-06 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Abdiaziz Farah 12119 16th Ave S Burnsville MN 55337 4132929 0 X N/A X 2017 MN Providing a STEM education for underserved populations in grades K-6 in the Burnsville area. 7 6 49 6 0 0 2718328 3745756 122048 387173 0 0 0 0 2840376 4132929 0 0 0 0 1418681 1860078 0 0 0 1343923 1972633 2762604 3832711 77772 300218 1395065 1994120 1451919 1750756 -56854 243364 Gateway STEM Academy reaches underserved populations in grades K-6 in Burnsville and surrounding areas providing a STEM education. 0 0 3237369 387173 Gateway STEM grew to 230+ students in its 3rd year surpassing budgeted expectations. 3237369 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 14 0 1 49 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X The Organization 9522064050 12119 16th Ave S Burnsville MN 55337 Hassan Mahamud Board Chair 4.00 X X 0 0 0 Mohamed Jama Treasurer 2.00 X X 0 0 0 Patrick Soberg Secretary and Teacher 42.00 X X 43410 0 11367 Yusuf Waged Member 1.00 X 0 0 0 Gospel Kordah Member 1.00 X 0 0 0 Mahad Ibrahim Member 1.00 X 0 0 0 Khadija Ahmed Member 1.00 X 0 0 0 Abdiaziz Farah Executive Director 40.00 X 106673 0 21872 150083 0 33239 1 0 0 0 Minnehaha Transportation 2507 Walnut St Roseville MN 55113 Transportation 347285 Kilimanjaro Corporation 3021 5th Avenue South Minneapolis MN 55408 Food service 246504 MindFoundry Learning 200 Southdale Drive Edina MN 55435 After school tutoring 107623 3 3740775 4981 3745756 Food Sales 900099 387173 387173 387173 4132929 387173 0 0 155040 121828 33212 1164269 914866 249403 350768 259229 91539 92204 82535 9669 97797 76780 21017 831962 694280 137682 135660 135660 298 298 124544 111707 12837 338059 329270 8789 19200 19200 4076 4076 2924 1901 1023 11307 11307 Food 368806 367274 1532 Supplies and textbooks 95905 91079 4826 Dues and memberships 25000 315 24685 Equipment 12295 14100 -1805 2597 1962 635 3832711 3237369 595342 0 343075 734319 302179 266161 21820 259 40538 19868 4799 7063 15069 720669 938033 1395065 1994120 277670 459814 27600 377600 796649 1263342 1451919 1750756 X -56854 239658 3706 -56854 243364 1395065 1994120 300218 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19868 4799 15069 15069 Deferred Outflows of Resources - Pension Resources 938033 938033 Net Pension Liability 1252961 Deferred Inflows of Resources - Pension Resources 10381 1263342 X 4132929 0 4132929 0 4132929 3832711 0 3832711 0 3832711 Part X, Line 2: The School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The 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 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 policy is provided to families during registration. Schedule E, Part I, Line 6 The School receives federal and state funding Form 990, Part VI, Section B, line 11b The 990 is reviewed by the accountant, school leadership, and board for acceptance and approval prior to being filed. Form 990, Part VI, Section B, line 12c Policies will be reviewed on a rotating basis. Form 990, Part VI, Section B, line 15 Contracts are negotiated by board members for employees by comparing management expertise with like employees of other charter schools. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financials statements are available upon request. Form 990, Part XII, Line 2c: This process has not changed from the prior year.