2020-07-06T10:07:43-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2018-07-01 237243247 THE BLAKE SCHOOL BLAK 9529883451 110 BLAKE ROAD SOUTH HOPKINS MN 55343 ANNE E STAVNEY HEAD OF SCHOOL 9529883451 2020-04-27 1 SARAH REICHLING P01587996 6123764500 2020-04-27 67.137.57.251 2020-04-27 13:29:48 CD P 39F506601BE52B1AEC27478C749FC3D7BEC65D0C 6E90C7C5DAB7B6CE43E299C98BE0892EC7C4F8B9 2018 2021-01-29 14:40:06Z ANNE E STAVNEY 110 BLAKE ROAD SOUTH HOPKINS MN 55343 66916323 0 X WWW.BLAKESCHOOL.ORG X 1900 MN TO PROVIDE STUDENTS WITH AN EXCELLENT, ACADEMICALLY CHALLENGING EDUCATION. 25 24 625 500 -119129 61755 13701264 5327651 42182856 44182184 3469424 2029432 -39355 -139704 59314189 51399563 7868386 8188189 0 0 30344649 31205367 0 0 1822337 10761306 11559385 48974341 50952941 10339848 446622 168609656 169476297 27050196 25989208 141559460 143487089 THE BLAKE SCHOOL PROVIDES STUDENTS WITH AN EXCELLENT EDUCATION IN A DIVERSE AND SUPPORTIVE COMMUNITY. STUDENTS PARTICIPATE IN ACADEMIC, ARTISTIC AND ATHLETIC ACTIVITIES IN PREPARATION FOR COLLEGE, LIFE-LONG LEARNING, COMMUNITY SERVICES AND LIVES AS RESPONSIBLE WORLD CITIZENS. 0 0 43124565 8188189 44177269 THE BLAKE SCHOOL IS AN INDEPENDENT PRE-KINDERGARTEN THROUGH GRADE 12 SCHOOL SERVING STUDENTS THROUGHOUT THE TWIN CITIES WITH CAMPUSES LOCATED IN MINNEAPOLIS, HOPKINS AND WAYZATA. ENROLLMENT IN 2018-2019 WAS 1,368 STUDENTS. IN SUPPORT OF ITS COMMITMENT TO CULTURAL AND SOCIOECONOMIC DIVERSITY AS BEING AN ESSENTIAL PART OF ITS EDUCATIONAL GOALS, THE SCHOOL GRANTED $8,188,189 IN FINANCIAL AID TO 355 STUDENTS. 43124565 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 155 0 625 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X RAJ MALLAWAARATCHY FINANCE DIRECTO 9529883459 110 BLAKE ROAD SOUTH HOPKINS MN 55343 ANNE E STAVNEY HEAD OF SCHOOL 60.00 X X 1028720 0 56692 JOHN L MORRISON JR CHAIR 1.00 X X 0 0 0 JASON BOWLES TREASURER 1.00 X X 0 0 0 CHAD ABRAHAM TRUSTEE 1.00 X 0 0 0 PETER AHN TRUSTEE 1.00 X 0 0 0 COLBERT BOYD TRUSTEE 1.00 X 0 0 0 MOLLY CRONIN TRUSTEE 1.00 X 0 0 0 HEMA NEALON TRUSTEE 1.00 X 0 0 0 RICHARD HIGGINS TRUSTEE 1.00 X 0 0 0 BRIAN LIPSCHULTZ TRUSTEE 1.00 X 0 0 0 CHERYL MAYBERRY TRUSTEE 1.00 X 0 0 0 JOAN NOLAN TRUSTEE 1.00 X 0 0 0 MATTHEW PETERSON TRUSTEE 1.00 X 0 0 0 ELLIE PIDOT TRUSTEE 1.00 X 0 0 0 AMY SALDANHA TRUSTEE 1.00 X 0 0 0 ALENE GROSSMAN SUSSMAN TRUSTEE 1.00 X 0 0 0 JAMIE WILSON TRUSTEE 1.00 X 0 0 0 ROB ZEASKE TRUSTEE 1.00 X 0 0 0 COLLEEN MAY TRUSTEE 1.00 X 0 0 0 WILLIAM MILLER TRUSTEE 1.00 X 0 0 0 MELISSA RAPHAN TRUSTEE 1.00 X 0 0 0 CHRIS SMITH TRUSTEE 1.00 X 0 0 0 ADEBISI WILSON TRUSTEE 1.00 X 0 0 0 MOSI BENNET TRUSTEE 1.00 X 0 0 0 DAVID OXFORD TRUSTEE 1.00 X 0 0 0 MOLLY SIMMONS TRUSTEE 1.00 X 0 0 0 MARY SUE VORBRICH TRUSTEE 1.00 X 0 0 0 DANIEL KELLEY CHIEF FINANCIAL CHIEF FINANCIAL & OPERATIONS OFFICER 50.00 X 207350 0 44494 ANNE GRAYBEAL ASSOCIATE HEAD OF SCHOOL 50.00 X 221998 0 25488 JOSEPH RUGGIERO UPPER SCHOOL DIRECTOR 50.00 X 202247 0 25236 REBECCA SCHUBRING CHIEF ADVANCEMENT OFFICER 50.00 X 192748 0 28690 JOSEPH SILVESTRI DIRECTOR OF ADMISSIONS 50.00 X 184144 0 68642 DAVID BOXER DIRECTOR OF ISS 50.00 X 162473 0 63366 2199680 0 312608 49 0 1 0 MA MORTENSON COMPANY 700 MEADOW LANE NORTH MINNEAPOLIS MN 55422 CONSTRUCTION 10801649 TAHER INC PO BOX 44719 MADISON WI 53744 FOOD SERVICE 1635091 U B ARCHITECTURE & DESIGN 2609 ALDRICH AVENUE SOUTH SUITE 10 MINNEAPOLIS MN 55408 ARCHITECTURAL CONSULTING 663797 TELIN TRANSPORTATION GROUP LLC 16290 KENRICK LOOP LAKEVILLE MN 55044 SCHOOL TRANSPORTATION 249718 FIVE STAR H ENTERPRISES INC 7300 METRO BOULEVARD SUITE 130 EDINA MN 55439 JANITORIAL 241422 12 5327651 379409 5327651 TUITION 611600 41100343 41100343 AUXILIARY SERVICES 611710 2740270 2740270 OTHER PROGRAM REVENUE 611710 341571 336656 4915 44182184 2349399 64210 2285189 300244 488498 -188254 -188254 -188254 14518724 189571 15022308 5954 -503584 183617 -319967 -319967 PARENT ASSOCIATION REV 611710 48550 48550 48550 51399563 44177269 -119129 2013772 8188189 8188189 806612 113400 466412 226800 23739268 20440908 2384237 914123 1645101 1402226 178738 64137 3304167 2499517 630857 173793 1710219 1419543 208615 82061 181251 181251 44470 44470 193515 193515 2169144 1866683 248086 54375 201807 29178 172629 459087 248173 92953 117961 529928 500623 26204 3101 1495321 1320681 166641 7999 322755 291273 26919 4563 351965 94178 177777 80010 491493 427107 61437 2949 3033333 2814185 199717 19431 234132 35162 198970 INSTRUCTIONAL EXPENSES 1101795 1100978 817 PROF. DEVELOPMENT 218104 206238 11866 DUES AND SUBSCRIPTIONS 151784 10943 123375 17466 UBIT TAX PAYMENT 80728 80728 298773 115380 141691 41702 50952941 43124565 6006039 1822337 24355630 20248904 3489655 517752 15005027 5574548 557234 384708 47313 34722 1858819 428562 104910999 40138364 50986945 64772635 55036498 54013934 16545956 23135889 726579 364643 168609656 169476297 5745344 6074499 4142957 3583601 16728041 15972616 433854 358492 27050196 25989208 X 81131362 81591128 19953241 24836761 40474857 37059200 141559460 143487089 168609656 169476297 X 446622 1527800 -46793 X 0 1 X 1 0 X 19132907 15386688 10953280 13701264 5327651 64501790 19132907 15386688 10953280 13701264 5327651 64501790 27955380 36546410 2155770 1644912 733154 1142986 2285189 7962011 45835 45835 87561 240620 58991 57835 48550 493557 73003193 204294544 0.50060 0.53510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARENT ASSOCIATION REVENUE - 2014 AMOUNT: $ 75,641. 2015 AMOUNT: $ 51,322. 2016 AMOUNT: $ 47,411. 2017 AMOUNT: $ 57,835. 2018 AMOUNT: $ 48,550. SPECIAL EVENT REVENUE - 2014 AMOUNT: $ 11,920. 2015 AMOUNT: $ 189,298. 2016 AMOUNT: $ 11,580. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73562082 2479528 2382569 2975232 75448947 66578358 6636980 3487087 3140343 73562082 59779887 2890866 7177787 3270182 66578358 60549885 2858658 -739636 2889020 59779887 58857768 2692928 1674962 2675773 60549885 0.39470 0.49120 0.11410 1 1 1 1420428 3177214 4597642 69385002 33617113 35767889 4984068 890857 4093211 8973956 5630394 3343562 16970331 16970331 64772635 INTEREST IN CHARITABLE REMAINDER TRUST 219549 F INTEREST IN PERPETUAL TRUST 2448509 F HEDGE FUNDS 20464570 F PRIVATE EQUITY 3261 F 23135889 ASSET RETIREMENT OBLIGATION 293328 SPLIT-INTEREST AGREEMENTS PAYABLE 65164 358492 X 44987364 1527800 441705 1969505 43017859 193515 8188189 8381704 51399563 43059735 488498 488498 42571237 193515 8188189 8381704 50952941 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 300 FUNDS THAT ARE USED TO PROVIDE FINANCIAL AID AND INSTRUCTIONAL PROGRAMS FOR STUDENTS, TO PROVIDE DEVELOPMENT OPPORTUNITIES FOR FACULTY, AND TO SUPPORT SCHOOL OPERATIONS. PART X, LINE 2: THE SCHOOL QUALIFIES AS A TAX-EXEMPT NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. ACCORDINGLY, INCOME TAXES HAVE NOT BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION UNDER APPLICABLE ACCOUNTING GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST -55,577. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 8,784. RENTAL EXPENSES 488,498. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,188,189. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 488,498. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,188,189. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S NONDISCRIMINATION POLICY IS PUBLISHED IN MULTIPLE MEDIA AT BLAKE, INCLUDING ON ITS WEBSITE, IN PUBLICATIONS, ESPECIALLY MEDIA MATERIALS, AND ON POSTERS AT ALL THREE CAMPUSES. EUROPE 0 0 INVESTMENTS N/A 775291 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 31255299 0 0 0 0 0 0 32030590 0 32030590 1 0 0 0 1 0 PART I, LINE 3: ACCRUAL METHOD 1 STUDENT FINANCIAL AID 355 8188189 0 N/A N/A PART I, LINE 2: STUDENT FINANCIAL AID IS APPLIED DIRECTLY TO STUDENT ACCOUNTS FOR TUITION, FEES, BOOKS, AND MISCELLANEOUS STUDENT EXPENSES. FINANCIAL AID CONSISTS OF AWARDS BASED ON FINANCIAL NEED AS WELL AS TUITION REMISSION FOR THE ENROLLED CHILDREN OF EMPLOYEES. X X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 ANNE E STAVNEY HEAD OF SCHOOL 512500 0 40000 0 476220 0 41000 0 15692 0 1085412 0 0 0 DANIEL KELLEY CHIEF FINANCIAL CHIEF FINANCIAL & OPERATIONS OFFICER 207350 0 0 0 0 0 28712 0 15782 0 251844 0 0 0 ANNE GRAYBEAL ASSOCIATE HEAD OF SCHOOL 216548 0 0 0 5450 0 16637 0 8851 0 247486 0 0 0 JOSEPH RUGGIERO UPPER SCHOOL DIRECTOR 202247 0 0 0 0 0 16447 0 8789 0 227483 0 0 0 REBECCA SCHUBRING CHIEF ADVANCEMENT OFFICER 192748 0 0 0 0 0 15849 0 12841 0 221438 0 0 0 JOSEPH SILVESTRI DIRECTOR OF ADMISSIONS 184144 0 0 0 0 0 15595 0 53047 0 252786 0 0 0 DAVID BOXER DIRECTOR OF ISS 162473 0 0 0 0 0 14025 0 49341 0 225839 0 0 0 PART I, LINE 1A ANNE E. STAVNEY: HOUSING ALLOWANCE, FAMILY TRAVEL, AND HEALTH CLUB DUES - ALL INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 1B THE HOUSING ALLOWANCE PROVIDED TO THE HEAD OF SCHOOL IS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE AS PART OF THE COMPENSATION PACKAGE AND IS NOT GOVERNED BY REIMBURSEMENT POLICIES. PART I, LINE 4B ANNE E. STAVNEY: PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $50,000. ANNE GRAYBEAL: PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $12,000. A CITY OF MINNEAPOLIS 416005375 603876GB4 2010-05-19 7761234 REFUNDING/REFINANCE 0 0 0 B CITY OF HOPKINS 416005247 2017-12-14 13833000 REFUNDING/REFINANCE 0 0 0 A 5576234 7761234 149450 7611784 2011 0 1 1 1 B 64000 13833000 257454 13575546 2017 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 X 1 379409 STOCK MARKET QUOTES 0 0 1 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE OFFICERS OF THE BOARD OF TRUSTEES AND SHALL SERVE AS THE HEAD OF SCHOOL COMPENSATION AND EVALUATION COMMITTEE. WHEN COMPLETION OF THE HEAD OF SCHOOL EVALUATION EXTENDS BEYOND JUNE 30, FOR THE PURPOSES OF COMPLETING THIS TASK THE COMMITTEE'S WORK MAY EXTEND INTO THE THREE MONTHS FOLLOWING THEIR FORMAL YEAR OF SERVICE. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY THE CHIEF FINANCIAL AND OPERATING OFFICER, THE HEAD OF SCHOOL, AND THE FINANCE COMMITTEE BEFORE BEING PROVIDED TO ALL TRUSTEES FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY APPLIES TO ITS TRUSTEES, OFFICERS, ADMINISTRATORS, FACULTY AND OTHER EMPLOYEES. WHEN A POTENTIAL CONFLICT OF INTEREST EXISTS, THE PERSON WITH THE CONFLICT NOTIFIES THE CHAIR OF THE BOARD OF TRUSTEES OR THE HEAD OF SCHOOL, SO THAT THEY MAY TAKE APPROPRIATE ACTIONS. A TRUSTEE WHO IS DIRECTLY OR INDIRECTLY INVOLVED IN A POTENTIAL CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON ANY ACTION OF THE BOARD REGARDING THE POTENTIAL CONFLICT AND IS NOT COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING OF THE BOARD WHERE THE POTENTIAL CONFLICT IS CONSIDERED. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PACKAGES FOR THE HEAD OF SCHOOL AND OTHER SIGNIFICANT POSITIONS DESIGNATED BY THE SCHOOL (INCLUDING CHIEF FINANCIAL AND OPERATING OFFICER; DIRECTOR OF INSTITUTIONAL ADVANCEMENT; ASSOCIATE HEAD OF SCHOOL; AND DIRECTOR OF ADMISSIONS AND FINANCIAL ASSISTANCE) ARE EACH REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD ANNUALLY. THE COMMITTEE IS COMPRISED ENTIRELY OF INDEPENDENT PERSONS AND UTILIZES SALARY AND BENEFIT SURVEY DATA OBTAINED FROM VARIOUS LOCAL, REGIONAL AND NATIONAL SOURCES. MINUTES FROM THE MEETING ARE MAINTAINED AND APPROVED BY THE COMMITTEE. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN DURING THE 2018-2019 SCHOOL YEAR FOR THE HEAD OF SCHOOL, A. STAVNEY; AND OTHER OFFICERS AND HIGHLY COMPENSATED EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST -55,577. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 8,784. OAKLEAF ENDOWMENT TRUST FOR THE BLAKE SCHOOL 80 S 8TH ST NO 1800 MINNEAPOLIS MN 55402 416469031 ENDOWMENT MN 501(C)(3) LINE 12A, I THE BLAKE SCHOOL 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 OAKLEAF ENDOWMENT TRUST FOR THE BLAKE SCHOOL S 105181 CASH DRAW