2020-02-19T11:34:08-06:00 2019-06-30 411397419 Abdo Eick & Meyers LLP 100 Warren St Ste 600 Mankato MN 56001 990 2018-07-01 462577480 Northeast College Prep Charter School No 4219 NORT 6122488240 300 Industrial Blvd NE Minneapolis MN 55413 Carl Phillips Executive Director 6122488240 2020-02-18 1 Steven D Anseth P00552219 5076252727 2020-02-18 64.88.174.3 2020-02-18 11:14:38 CS P 232197ABD8EAF371153A0D51392AC87FB7D2EB79 0702225D099C53736F35234FFB20DB4083AF378E 2018 2020-09-23 17:36:50Z Carl Phillips 300 Industrial Blvd NE Minneapolis MN 55413 6224811 0 X http://northeastcollegeprep.org/ X 2013 MN Northeast College Prep will ensure strong academic, social-emotional, and talent development in every member of its diverse student body, thereby positioning each student for college graduation, career success, and positive community impact. 5 4 77 20 0 0 5058270 5958501 34536 5222 24 -2727 52103 261068 5144933 6222064 0 0 0 0 3874475 3089422 0 0 0 2437923 3000802 6312398 6090224 -1167465 131840 5046341 5290670 6356110 6468599 -1309769 -1177929 Northeast College Prep will ensure strong academic, social-emotional, and talent development in every member of its diverse student body, thereby positioning each student for college graduation, career success, and positive community impact. 0 0 5393908 5222 Northeast College Prep has strived to succeed as a proof-point that all students, regardless of background, flourish when a schools entire staff deeply believes in the potential and fully commits to the success of each and every one. The organization focues on grades K to 8. During fiscal year 2019, Northeast College Prep averaged 329 daily members. 5393908 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 25 0 1 77 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X The Organization 6122488240 300 Industrial Blvd NE Minneapolis MN 55413 Joanna Schneider Chair/Teacher 40.00 X X 58683 0 9536 Jessica Waletski Secretary 10.00 X X 0 0 0 Courtney Thompson-Carter Treasurer 10.00 X X 0 0 0 Julie Edminston Director 10.00 X 0 0 0 Bill Graves Director 10.00 X 0 0 0 Joe Cole Former Director/Teacher 40.00 X 75104 0 11387 Carl Phillips Executive Director 40.00 X 96181 0 25639 229968 0 46562 0 0 0 0 Bille Bus Transportion Inc 2500 New Brighton Blvd Ste 113 Saint Anthony MN 55418 Transportation Services 652699 Done Right Food PO Box 21153 Columbia Heights MN 55421 Food Services 224806 2 5536400 422101 5958501 Other Program Revenue 900099 5032 5032 Fees from Patrons (Oth 900099 190 190 5222 20 20 2747 -2747 -2747 -2747 Pension Revenue 900099 197869 197869 Miscellaneous 900099 63199 63199 261068 6222064 5222 0 258341 X 244079 221834 22245 2111341 1918917 192424 201377 177819 23558 318956 259341 59615 213669 175058 38611 729343 578695 150648 1478 1478 30984 13315 17669 600470 600470 841189 830623 10566 81129 79018 2111 12672 2245 10427 61427 59066 2361 13712 13712 Food 243137 240300 2837 Supplies 241684 161243 80441 Repairs/Maintenance 53578 13122 40456 Equipment 47539 47539 42460 1591 40869 6090224 5393908 696316 0 187154 115166 697581 828822 43529 164015 43471 20541 504512 204488 220020 300024 3854586 3862102 5046341 5290670 237514 350971 250000 439385 5868596 5678243 6356110 6468599 X -1353240 -1548568 43471 370639 -1309769 -1177929 5046341 5290670 131840 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 504512 204488 300024 300024 Deferred Outflow of Pension Resources 3862102 3862102 Pension Liability 2353241 Deferred Inflow of Pension Resources 3325002 5678243 X 6037279 0 6037279 184785 184785 6222064 5905439 -184785 -184785 6090224 0 6090224 Part X, Line 2: The Charter School is classified as a Tax Exempt Organization under Section 501(c)(3) of the internal revenue code and comparable section of the Minnesota Income Tax Statutes. The Orginization has evaluated and determined that there are no uncertian tax positions as of June 30, 2019. The association's tax returns are subject to possible examination by the taxing authorities. The Charter School has considered all potential units for which it is financially accountable and other organizations for which the nature and significance of their relationship with the Charter School are such that exclusion would cause the Charter School's financial statements to be misleading or incomplete. The Governmental Accounting Standards Board (GASB) has set forth criteria to be considered in determining financial accountability. These criteria include appointing a voting majority of an organization's governing body, and (1) the ability of the primary government to impose its will on that organization or (2) the potential for the organization to provide specific benefits to, or impose specific financial burdens on the primary government. The Charter School has no component units that meet the GASB criteria. Aside from its authorization, Student Achievement of Minnesota has no authority, control, power, or administrative responsibilities over the Charter School. Therefore, the Charter School is not considered a component unit of Student Achievement of Minnesota. Part XI, Line 4b - Other Adjustments: Negative Pension Expense Reclassed as Revenue 187,532. Loss on Sale of Capital Asset -2,747. Part XII, Line 2d - Other Adjustments: Negative Pension Expense Reclassed as Revenue -187,532. Loss on Sale of Capital Asset 2,747. 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 organization includes its nondiscriminatory policy towards students in all documents and publications. Schedule E, Part I, Line 6 The organization receives support from government agencies. Form 990, Part VI, Section B, line 11b The Board of Directors review and approve Form 990 prior to filing. Form 990, Part VI, Section B, line 12c The Organization annually evaluates all conflict of interest policies submitted by board members and employees. The Organization's policies are communicated annually to the board and employees and to new board members and employees upon joining the Organization. Form 990, Part VI, Section B, line 15 The salary is based on the boards performance evaluation of the Executive Director and also the staffing planning submitted by the Executive Director. Form 990, Part VI, Section C, line 19 The Organization makes its public documents available upon request. Form 990, Part IX, line 11g Contracted Educational Services: Program service expenses 367,779. Management and general expenses 0. Fundraising expenses 0. Total expenses 367,779. Consulting/Contracted Fees for Services: Program service expenses 0. Management and general expenses 150,648. Fundraising expenses 0. Total expenses 150,648. Subcontracted Federal Awards: Program service expenses 40,289. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,289. Non-Instructional Support: Program service expenses 170,627. Management and general expenses 0. Fundraising expenses 0. Total expenses 170,627. Form 990, Part XII, Line 2c: The process of overseeing the audit has not changed from prior year.