2021-05-14T14:28:29-05:00 2020-06-30 411431613 BERGANKDV LTD 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 990 2019-07-01 731673656 EAGLE RIDGE ACADEMY EAGL 9527467760 11111 BREN RD W MINNETONKA MN 55343 JASON ULBRICH EXECUTIVE DIRECTOR 9527467760 2021-05-04 1 NICKOLAS S TAINTOR CPA P02438815 9525636800 2021-05-04 2019 2022-09-23 18:48:47Z JOHN SCHWIRTZ 11111 BREN RD W MINNETONKA MN 55343 15726071 0 1 X WWW.EAGLERIDGEACADEMY.ORG X 2004 MN PROVIDE STUDENTS WITH A TRADITIONAL, CLASSICAL EDUCATION TO STUDENTS IN GRADES K-12. 11 5 247 255 0 0 14769657 14946147 817930 683091 36884 35019 13871 59646 15638342 15723903 0 0 0 0 9106227 9179770 0 0 79396 5659858 5667620 14766085 14847390 872257 876513 16534961 14428744 19109843 17518281 -2574882 -3089537 THE MISSION OF EAGLE RIDGE ACADEMY IS TO PROVIDE OUR STUDENTS WITH A TRADITIONAL, CLASSICAL EDUCATION THAT DEMANDS THEIR BEST IN ACADEMIC ACHIEVEMENT, BEHAVIOR, AND ATTITUDES WHILE CHALLENGING THEM TO ATTAIN THEIR HIGHEST POTENTIAL. 0 0 13089668 720041 PROVIDING STUDENTS WITH A TRADITIONAL, CLASSICAL, EDUCATION THAT DEMANDS THEIR BEST IN ACADEMIC ACHIEVEMENT, BEHAVIOR, AND ATTITUDES WHILE CHALLENGING THEM TO ATTAIN THEIR HIGHEST POTENTIAL. DURING THE FISCAL YEAR ENDED JUNE 30, 2020 EAGLE RIDGE ACADEMY SERVED AN ESTIMATED 1,397 STUDENTS 13089668 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 18 0 1 247 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 5 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X BERGANKDV 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 X APRIL GRABANSKI BOARD CHAIR 45.00 X X 68953 0 5633 JOHN SHWIRTZ VICE CHAIR 4.00 X X 0 0 0 ANGELA BERGER TREASURER 3.00 X X 0 0 0 CLARE MURRAY SECRETARY 42.00 X X 50718 0 4134 KATHY OBERSTAR BOARD MEMBER 2.00 X 0 0 0 RAHUL DEEP BOARD MEMBER 2.00 X 0 0 0 RAMESH BABU BOARD MEMBER 2.00 X 0 0 0 LISA JOHNSON BOARD MEMBER 42.00 X 46409 0 3800 JULIA DEMAKIS-HAUSTEIN BOARD MEMBER 42.00 X 39386 0 16936 JANE WEGENER-VENEMA BOARD MEMBER 42.00 X 55510 0 15030 JEFF MAGNUSON BOARD MEMBER 42.00 X 52379 0 11618 JASON ULBRICH EXECUTIVE DIRECTOR 50.00 X 132146 0 21850 JANELLE MELLGREN PRINCIPAL OF SCHOOL AND GRAMMAR 40.00 X 100704 0 15588 546205 0 94589 2 0 1 0 METROPOLITAN TRANSPORTATION NETWORK INC 8260 HICKORY ST NE FRIDLEY MN 55432 STUDENT TRANSPORTATION 953186 UNIVERSAL CLEANING SERVICES INC 12372 RIVER RIDGE BLVD BURNSVILLE MN 55337 JANITORIAL SERVICES 413089 TAHER INC PO BOX 1150 MINNEAPOLIS MN 55480 FOOD SERVICE 270226 CADAN TECHNOLOGIES 4131 OLD SIBLEY MEMORIAL HWY STE200 EAGAN MN 55122 TECHNOLOGY SERVICES 261831 BERGANKDV OUTSOURCED SERVICES 22488 CHIPPENDALE AVE W FARMINGTON MN 55024 FINANCIAL MANAGEMENT 129102 5 14862169 83978 14946147 FEES FROM PATRONS 611710 482353 482353 FOOD SALES 611710 198197 198197 MEDICAL ASSISTANCE 611710 2541 2541 683091 35019 35019 21528 0 21528 21528 21528 3336 2168 1168 1168 MISCELLANEOUS REVENUE 900099 36950 36950 36950 15723903 720041 0 57715 531033 372739 158294 292529 292529 6563561 5670112 835119 58330 500570 433740 62455 4375 754361 636421 104676 13264 537716 463141 71148 3427 140058 140058 510989 463955 47034 216430 126228 90202 365309 252461 112848 2561778 2561778 46379 45220 1159 3134 3134 157083 139971 17112 54099 54099 TRANSPORTATION 874849 874849 FOOD SERVICE 262944 262944 EQUIPT RENTAL & MAINT 200868 200868 INSTRUCTIONAL SUPPLIES 134867 134867 138833 100612 38221 14847390 13089668 1678326 79396 X 205019 220604 2798974 3696284 1549636 1263094 170885 149179 1533419 660037 802424 873382 11008023 8226201 16534961 14428744 1112714 1036827 156114 80109 94497 46982 17746518 16354363 19109843 17518281 X -3282808 -3962919 707926 873382 0 0 -2574882 -3089537 16534961 14428744 X 876513 -1391168 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 349731 45554 304177 1183688 614483 569205 873382 DUE FROM AFFILIATED BUILDING COMPANY 228001 DEFERRED OUTFLOWS - PENSION 7998200 8226201 NET PENSION LIABILITY 7247318 DEFERRED INFLOWS - PENSION 9107045 16354363 15795329 71426 71426 15723903 0 15723903 16608889 4071854 4071854 12537035 2310355 2310355 14847390 PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED BUILDING COMPANY REVENUES 112,887. PENSIONS -41,461. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED BUILDING COMPANY EXPENSES LESS RENT 2,722,149. PENSIONS 1,349,705. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENT PAID TO BUILDING COMPANY 2,310,355. 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 ACADEMY RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. X X 0 0 0 0 0 0 0 0 0 JASON ULBRICH EXECUTIVE DIRECTOR 125308 0 0 0 6838 0 11097 0 10753 0 153996 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE ACADEMY SHALL INCLUDE ALL PARENTS OR LEGAL GUARDIANS OF THE ENROLLED STUDENTS, AND EMPLOYEES OF THE ACADEMY. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE SCHOOL HAS ONE VOTE TO ELECT SCHOOL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B EACH BOARD MEMBER RECEIVES A PUBLIC DISCLOSURE COPY OF THE 990 PRIOR TO FILING. THE BOARD OF DIRECTORS HAS GRANTED AUTHORITY TO THE EXECUTIVE DIRECTOR TO SIGN AND SUBMIT THE 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE COMPLETED ANNUALLY AND VERIFIED BY THE BOARD AND SCHOOL AUTHORIZER. FORM 990, PART VI, SECTION B, LINE 15 THE CONTRACTS FOR ALL EMPLOYEES ARE WRITTEN AND APPROVED BY THE SCHOOL BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICIES, AND/OR FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AT THE ACADEMY. FORM 990, PART VII, SECTION A: RELATED BOARD MEMBERS PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE LICENSED TEACHERS AS MEMBERS OF THE BOARD OF DIRECTORS. APRIL GRABANSKI, CLARE MURRAY, LISA JOHNSON, JULIA DEMAKIS-HAUSTEIN, JANE WEGENER-VENEMA AND JEFF MAGNUSON 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: PENSION EXPENSE RELATING TO NET PENSION LIABILITIES -1,391,168. EAGLE RIDGE ACADEMY AFFILIATED BUILDING COMPANY 11111 BREN RD W MINNETONKA MN 55343 800851487 BUILDING COMPANY MN 501(C)(3) LINE 12A, I EAGLE RIDGE ACADEMY 1 EAGLE RIDGE ACADEMY PTO 11111 BREN RD W MINNETONKA MN 55343 260841424 SUPPORTING ORG MN 501(C)(3) LINE 12A, I 0 FRIENDS OF EAGLE RIDGE ACADEMY INC 11111 BREN RD W MINNETONKA MN 55343 475542621 SUPPORTING ORG MN 501(C)(3) LINE 12A, I EAGLE RIDGE ACADEMY 1 0 0 1 1 0 0 0 0 0 0 1 0 1 1 1 0 1 0 0 EAGLE RIDGE ACADEMY AFFILIATED BUILDING COMPANY K 2310355 LEASE AGREEMENT EAGLE RIDGE ACADEMY AFFILIATED BUILDING COMPANY D 228001 CASH BALANCE