2021-05-07T11:30:30-05:00 2020-06-30 411656121 SCHLENNER WENNER & CO CPA'S PA 630 ROOSEVELT RD STE 201 ST CLOUD MN 56301 990 2019-07-01 870790480 NOBLE ACADEMY NOBL 7635927706 9477 DECATUR DRIVE N BROOKLYN PARK MN 55445 NEAL THAO SUPERINTENDENT 7635927706 2021-04-27 1 SHELLEY M GAETZ P00066049 3202510286 2021-04-27 2019 2022-09-23 18:48:47Z NEAL THAO 9477 DECATUR DRIVE N BROOKLYN PARK MN 55445 12215659 0 X WWW.NOBLEACADEMY.US X 2005 MN TO PROVIDE QUALITY, RELEVANT AND MULTICULTURAL EDUCATION FOR ALL STUDENTS WHICH MEETS THE INTELLECTUAL, CREATIVE, AND SOCIAL NEEDS OF EACH CHILD. 6 5 118 25 0 0 11440567 12052985 58374 142637 23323 19218 0 -6106 11522264 12208734 0 0 0 0 4096231 6118370 0 0 0 7374288 6506884 11470519 12625254 51745 -416520 14553871 14184225 9909323 9956197 4644548 4228028 TO PROVIDE QUALITY, RELEVANT AND MULTICULTURAL EDUCATION FOR ALL STUDENTS WHICH MEETS THE INTELLECTUAL, CREATIVE, AND SOCIAL NEEDS OF EACH CHILD. 0 0 9927288 142637 NOBLE ACADEMY PROVIDED A HIGH QUALITY EDUCATION TO STUDENTS GRADES PRE-K THROUGH EIGTH DURING THE FISCAL YEAR ENDED 6/30/2020. AS A RESULT, ENROLLMENT HAS REMAINED STRONG AND THE SCHOOL HAS MAINTAINED FINANCIAL STABILITY. 9927288 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 29 0 1 118 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X THE ANTON GROUP 6512943508 1335 PIERCE BUTLER ROUTE ST PAUL MN 55104 MAI YIA CHANG DEPUTY SUPERINTENDENT OF ACADEMICS 41.00 X 181346 0 43691 NEAL THAO SUPERINTENDENT 40.00 2.00 X 187486 0 31142 SAMANTHA STEWART MEMBER 40.00 X 41504 0 7720 XAO VUE CHAIR 1.00 X X 0 0 0 JUAN RIVERA VICE CHAIR 1.00 X X 0 0 0 NUA XIONG SECRETARY 1.00 X X 0 0 0 THAY MOUA MEMBER 1.00 X 0 0 0 SHAWN YANG MEMBER 1.00 X 0 0 0 XEE YANG FORMER CHAIR 40.00 X 53018 0 8977 DENISE COOK FORMER TREASURER 40.00 X 51412 0 8641 514766 0 100171 2 1 1 0 PRIDE TRANSPORTATION BUS SERVICES LLC 45 IVY AVE W ST PAUL MN 55117 STUDENT TRANSPORTATION 1220705 CKC GOOD FOOD PO BOX 431419 MINNEAPOLIS MN 55443 FOOD SERVICE 766617 MTN - METROPOLITAN TRANSPORTATION 8260 HICKORY STREET NE MINNEAPOLIS MN 55432 STUDENT TRANSPORTATION 336276 HORACE MANN INSURANCE COMPANY PO BOX 19219 SPRINGFIELD IL 62794 INSURANCE 129877 THE ANTON GROUP 2303 WYCLIFF ST SUITE W-100 ST PAUL MN 55114 FINANCIAL CONSULTING AND ACCOUNTING 108083 6 12039327 13658 12052985 CHARGES FOR SERVICES 611710 115061 115061 OTHER PROGRAM REVENUE 611710 27576 27576 142637 19218 19218 819 6925 -6106 -6106 12208734 142637 0 13112 670222 180442 489780 3704888 2995565 709323 988389 811576 176813 444335 252602 191733 310536 233156 77380 127233 127233 348823 50593 298230 45279 45279 2227459 2158188 69271 235943 62 235881 1599030 1589987 9043 458639 433167 25472 42210 42210 FOOD / MILK 983477 979295 4182 NON-INSTRUCTIONAL SUPPL 203546 51784 151762 INSTRUCTIONAL SUPPLIES 177218 177218 DUES AND MEMBERSHIPS 33341 1252 32089 24686 12401 12285 12625254 9927288 2697966 0 2271736 3063386 616279 1245231 382641 3211660 76094 95195 3798665 1806830 2358434 1991835 5390716 8034889 14553871 14184225 487720 580837 493389 493389 8928214 8881971 9909323 9956197 X 2285958 2157263 2358434 1991835 156 78930 4644548 4228028 14553871 14184225 -416520 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1006672 172072 834600 2791993 1634758 1157235 1991835 DEFERRED OUTFLOWS OF RESOURCES - PENSIONS 4597284 INTEREST RECEIVABLE 9337 AMOUNTS OWED FROM BUILDING COMPANIES 3428268 8034889 NET PENSION LIABILITY 4625836 DEFERRED INFLOWS OF RESOURCES - PENSIONS 4256135 8881971 X PART X, LINE 2: THE ACADEMY IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT ORGANIZATION UNDER IRS CODE SECTION 501(C)(3). DUE TO THE NOT-FOR-PROFIT NATURE AND PROVISION OF THE ACADEMY, ALL INCOME AND EXPENSES ATTRIBUTABLE TO THE MISSION OF THE ACADEMY ARE TAX EXEMPT AND ACCORDINGLY NO PROVISION OR LIABILITY FOR INCOME TAXES HAVE BEEN MADE IN THE FINANCIAL STATEMENTS AND CONTRIBUTIONS TO THE ACADEMY ARE TAX DEDUCTIBLE TO DONORS AS ALLOWED BY IRS REGULATIONS. HOWEVER, THE ACADEMY IS REQUIRED TO PAY STATE AND FEDERAL INCOME TAXES ON UNRELATED BUSINESS INCOME. IF THE ACADEMY WERE TO ENGAGE IN ANY ACTIVITIES THAT RESULTED IN UNRELATED BUSINESS INCOME, A TAX WOULD BE ASSESSED ON THAT ACTIVITY. THE ACADEMY IS OPEN AND SUBJECT TO EXAMINATION GENERALLY FOR THREE YEARS AFTER THE FILING DATE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 INFORMATION PERTAINING TO THE SCHOOL'S NONDISCRIMINATORY POLICY IS AVAILABLE ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 IN MINNESOTA, CHARTER SCHOOLS ARE CONSIDERED PUBLIC SCHOOLS AND, AS SUCH, RECEIVE GENERAL EDUCATION AND SPECIAL EDUCATION AIDS IN ACCORDANCE WITH MINNESOTA DEPARTMENT OF EDUCATION FUNDING FORMULAS. THE SCHOOL ALSO RECEIVES PASS THROUGH FUNDING THROUGH THE MINNESOTA DEPARTMENT OF EDUCATION. X 0 0 0 0 0 0 0 0 0 MAI YIA CHANG DEPUTY SUPERINTENDENT OF ACADEMICS 181346 0 0 0 0 0 0 0 43691 0 225037 0 0 0 NEAL THAO SUPERINTENDENT 187486 0 0 0 0 0 0 0 31142 0 218628 0 0 0 XEE YANG FORMER CHAIR 53018 0 0 0 0 0 0 0 8977 0 61995 0 0 0 DENISE COOK FORMER TREASURER 51412 0 0 0 0 0 0 0 8641 0 60053 0 0 0 PART I, LINE 3 THE BOARD APPROVES ALL SALARIES, AND IS ESTABLISHED BY MARKET RATE REVIEW. FORM 990, PART VI, SECTION A, LINE 6 ALL STAFF MEMBERS WHO ARE EMPLOYED AT THE SCHOOL, INCLUDING TEACHERS PROVIDING INSTRUCTION UNDER A COOPERATIVE, AND ALL PARENTS OF CHILDREN ENROLLED IN THE SCHOOL ARE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL STAFF MEMBERS WHO ARE EMPLOYED AT THE SCHOOL, INCLUDING TEACHERS PROVIDING INSTRUCTION UNDER A COOPERATIVE, AND ALL PARENTS OF CHILDREN ENROLLED IN THE SCHOOL MAY VOTE IN THE BOARD MEMBER ELECTION. EACH FAMILY OF AN ENROLLED STUDENT WILL GET A MAXIMUM OF TWO VOTES. THOSE VOTES WILL BE CAST BY THE PARENTS OR LEGAL GAURDIANS OF THE STUDENT ONLY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM AND REVIEWED BY THE SCHOOL'S FINANCE COMMITTEE AND APPROVED BY THE BOARD PRIOR TO SUBMISION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE BOARD OF DIRECTORS ON A REGULAR BASIS. ANY CONFLICT OF INTEREST ISSUES, IN APPEARANCE OR FACT, ARE THOROUGHLY REVIEWED PRIOR TO ANY FORMAL DECISION BEING MADE ON THE COURSE OF ACTION DETERMINED BY THE COMMISSIONER OF EDUCATION. INTERESTED PERSONS ARE PROHIBITED FROM SERVING AS A MEMBER OF THE SCHOOL'S BOARD OF DIRECTORS IF ALSO AS AN EMPLOYEE OR AGENT OF (DIRECTLY OR INDIRECTLY) A FOR-PROFIT ENTITY IN WHICH THE SCHOOL CONTRACTS ALL PROCEEDINGS ARE DOCUEMNTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AND USES MARKET RATE ANALYSIS TO DETERMINE THE COMPENSATION FOR THE POSITION. THE SCHOOL DIRECTOR USES THE STARTING PAY SCALE BASED ON NUMBER OF YEARS OF EXPERIENCE IN THE CLASSROOM TO DETERMINE THE SCHOOL TEACHERS' COMPENSATION. THIS PROCESS WAS LAST REVIEWED AND APPROVED IN 2016. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 1 THE SCHOOL CHANGED THE REPORTING OF THEIR BASIS OF ACCOUNTING FROM MODIFIED ACCRUAL TO ACCURAL IN CONFORMITY WITH INTERNAL REVENUE SERVICE GUIDELINES. EDUCATIONAL PROPERTIES INC 9477 DECATUR DRIVE N BROOKLYN PARK MN 55445 454743465 LEASING REAL PROPERTY MN 501(C)(3) LINE 12A, I NOBLE ACADEMY 1 EDUCATIONAL PROPERTIES II INC 9477 DECATUR DRIVE N BROOKLYN PARK MN 55445 822899975 LEASING REAL PROPERTY MN 501(C)(3) LINE 12A, I NOBLE ACADEMY 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 EDUCATIONAL PROPERTIES INC K 1529410 RENT PAID EDUCATIONAL PROPERTIES II INC K 625339 RENT PAID EDUCATIONAL PROPERTIES INC P 33813 EXPENSES PAID BY SCHOOL FOR ABC EDUCATIONAL PROPERTIES II INC P 182795 EXPENSES PAID BY SCHOOL FOR ABC