2020-04-10T15:38:11-05:00 2019-06-30 410975573 REDPATH AND COMPANY LTD 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2018-07-01 261221063 BEST ACADEMY INC BEST 6123819743 1300 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 ERIC MAHMOUD EXECUTIVE DIRECTOR 6123819743 2020-02-06 1 ASHLEY C REHN CPA P00965922 6514267000 2020-02-06 50.224.170.93 2020-02-06 16:12:35 CS P C4926D5FBB7B593E79FEA72CE0C0305E7ABF5185 C9805C17366ADDF9D220F78D476186276D426EE7 2018 2021-01-29 14:40:06Z ERIC MAHMOUD 1300 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 12697027 0 X WWW.THEBESTACADEMY.ORG X 2007 MN TO INSTRUCT, EMPOWER, ENABLE, AND GUIDE CHILDREN TO ACHIEVE SUPERIOR ACADEMIC, SOCIAL, AND MORAL DEVELOPMENT. 13 10 201 250 0 0 10250248 12648594 6042 1840 18 1 6404 46592 10262712 12697027 0 0 0 0 7578359 7928368 0 0 0 4903878 2205073 12482237 10133441 -2219525 2563586 15400377 9458388 26689146 18483571 -11288769 -9025183 TO INSTRUCT, EMPOWER, ENABLE, AND GUIDE CHILDREN TO ACHIEVE SUPERIOR ACADEMIC, SOCIAL, AND MORAL DEVELOPMENT. 0 0 8391258 1840 BEST ACADEMY PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 700 SCHOLARS IN KINDERGARTEN THROUGH EIGHTH GRADE. 8391258 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 1 0 0 0 0 0 0 0 0 0 1 27 0 1 201 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 10 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MN X THE ORGANIZATION 6123819743 1300 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 EZRA HYLAND BOARD CHAIR 5.00 X X 0 0 0 LOUIS KING BOARD TREASURER 3.00 X X 0 0 0 RITA GORDON BOARD MEMBER 1.00 X 0 0 0 NICOLAS STYLES BOARD MEMBER 1.00 X 0 0 0 LAQUITA LOVE-LIMO BOARD MEMBER 1.00 X 0 0 0 MEGAN ROEGGE BOARD MEMBER 41.00 X 54344 0 5829 NICK BOETTCHER BOARD MEMBER 41.00 X 24225 0 4055 FOWSIYA DAHIR BOARD MEMBER 1.00 X 0 0 0 HAILIE JOHNSON BOARD MEMBER 41.00 X 22371 0 3961 IDRISS OMAR BOARD MEMBER 1.00 X 0 0 0 AKIL FOLUKE BOARD MEMBER 1.00 X 0 0 0 DEANDRA KNIGHTEN BOARD MEMBER 1.00 X 0 0 0 ANURA SI-ASAR BOARD MEMBER 1.00 X 0 0 0 PRIYA MORIOKA BOARD MEMBER (PART YEAR) 1.00 X 0 0 0 ERIC MAHMOUD CEO 40.00 X 86148 0 6713 FATOU DIAHAME SCHOOL PRINCIPAL 40.00 X 100825 0 13722 RACHELLE LARSON SCHOOL PRINCIPAL 40.00 X 34116 0 4226 SYLVIA BEEVAS SCHOOL PRINCIPAL 40.00 X 94175 0 15183 416204 0 53689 1 0 0 0 HARVEST NETWORK OF SCHOOLS 1300 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 CHARTER MANAGEMENT 772301 MINNEHAHA TRANSPORTATION 2507 WALNUT ST ROSEVILLE MN 55113 STUDENT TRANSPORTATION 620586 FORMATIVE TECHNOLOGIES LLC 959 DAYTON AVE ST PAUL MN 55104 STUDENT TRANSPORTATION 580828 INERGI BUILDING MAINTENANCE 10005 48TH AVE N PLYMOUTH MN 55442 BUILDING MAINTENANCE 180471 DESIGNS FOR LEARNING 2233 UNIVERSITY AVE W ST PAUL MN 55114 FINANCE & ACCOUNTING 100002 5 12526182 122412 12648594 FEES FROM PATRONS 611110 1840 1840 1840 1 1 46592 46592 46592 12697027 1840 0 46593 X 705835 350468 355367 5813528 5362970 450558 496844 435974 60870 430211 392566 37645 481950 422668 59282 38537 38537 194579 194579 2098444 1795528 302916 126009 88113 37896 132513 80072 52441 2187160 1903264 283896 27640 26835 805 39293 39293 72274 52194 20080 29675 29675 INSTRUCTIONAL MATERIALS 89056 89056 DUES AND MEMBERSHIPS 26937 1139 25798 FOOD 16113 14191 1922 CHANGE IN TRA AND PERA -2873157 -2692748 -180409 10133441 8391258 1742183 0 463555 327828 47477 3609 53191 10649 2060253 1366461 150949 219283 842566 762956 135951 79610 12489001 7450948 15400377 9458388 519983 827107 2381061 11032340 525214 0 390000 0 22872888 6624124 26689146 18483571 X -11424720 -9104793 135951 79610 0 0 -11288769 -9025183 15400377 9458388 2563586 -300000 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 143703 141011 2692 698863 621945 76918 79610 DEFERRED OUTFLOWS OF RESOURCES 7450948 7450948 PENSION LIABILITY 6589124 DUE FROM AFFILIATE 35000 6624124 X 12697027 0 12697027 0 12697027 10133441 0 10133441 0 10133441 PART X, LINE 2: A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE SCHOOL HAS NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD. 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 NONDISCRIMNATORY CLAUSE APPEARS ON BEST ACADEMY'S BROCHURE AND APPLICATIONS FOR ADMISSION AND EMPLOYMENT. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION IS A CHARTER SCHOOL UNDER MINNESOTA STATUTE. THIS CLASSIFICATION ENTITLES THE ORGANIZATION TO THE SAME FUNDING AVAILABLE TO PUBLIC SCHOOLS WITHIN THE STATE. SEED DAYCARE RELATIONSHIP BETWEEN OFFICERS 1600617 RENT AND COMMON OPERATING COSTS 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD HAS A WRITTEN CONFLICT OF INTEREST POLICY AND THE ORGANIZATION IS IN COMPLIANCE WITH THAT POLICY. THE CHIEF COMPLIANCE OFFICER MONITORS ALL COMPLIANCE MATTERS AND ENSURES THAT THE CONFLICT OF INTEREST POLICY IS ENFORCED. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF THE SCHOOL LEADERS ARE DETERMINED ON AN INDIVIDUAL CONTRACT BASIS, BASED UPON WORK EXPERIENCE AND WORK PERFORMANCE. THESE SALARIES ARE REGULARLY COMPARED AGAINST LOCAL SCHOOL DISTRICT SALARIES. THIS PROCESS WAS LAST UNDERTAKEN IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G TRANSPORTATION FEES: PROGRAM SERVICE EXPENSES 1,328,543. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,328,543. CONSULTING FEES: PROGRAM SERVICE EXPENSES 192,949. MANAGEMENT AND GENERAL EXPENSES 302,916. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 495,865. OTHER FEES: PROGRAM SERVICE EXPENSES 274,036. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 274,036.