2019-03-05T10:04:00-06:00 2018-06-30 411431613 BERGANKDV LTD 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 990 2017-07-01 411968867 EXCELL ACADEMY FOR HIGHER LEARNING INC EXCE 7635330500 6510 ZANE AVENUE NORTH NO 107 BROOKLYN PARK MN 55429 SABRINA WILLIAMS DIRECTOR 7635330500 2019-01-24 1 THERESA GOETTE P01062926 9525636800 2019-01-24 70.97.219.241 2019-01-24 15:17:27 CS P 8D0891DDB8A84CCBC29BD8AFE3F9BE1C21CA493F 26FD29C46CA03EE3A513A87DB0D8118177507035 2017 2019-02-21 02:37:17Z JOHN ALLEN 6510 ZANE AVENUE NORTH NO 107 BROOKLYN PARK MN 55429 6998338 0 X WWW.EXCELLACADEMY.DREAMHOSTERS.COM/ X 2000 MN EQUIP & PREPARE ITS LEARNERS FOR HIGHER LEVELS OF EDUCATION AND TO BE POSITIVE PRODUCTIVE CITIZENS 9 7 99 35 0 0 6310756 6703881 283400 273723 137 44 41140 20690 6635433 6998338 0 0 0 0 4937246 5128728 0 0 0 2832554 2795710 7769800 7924438 -1134367 -926100 7961738 6599149 9785432 9348943 -1823694 -2749794 X THE MISSION OF EXCELL ACADEMY FOR HIGHER LEARNING IS TO EQUIP AND PREPARE ITS LEARNERS FOR HIGHER EDUCATION AND TO BE POSITIVE PRODUCTIVE CITIZENS. EXCELL ACADEMY WILL ACHIEVE ITS MISSION BY IDENTIFYING, NURTURING, AND DEVELOPING ITS LEARNERS' ACADEMIC GIFTS, TALENTS AND CREATIVITY. WITH THE BELIEF THAT EVERY STUDENT IS CAPABLE OF PURSUING ACHIEVEMENT AT A HIGHER LEVEL, EXCELL ACADEMY OFFERS EXCEPTIONAL LEARNING EXPERIENCES AND QUALITY CURRICULA TO FOSTER THE LEARNERS' FULLEST POTENTIAL. 0 0 7011541 273793 EXCELL ACADEMY FOR GRADES K-8. THE SCHOOL WAS DEVELOPED WITH ALL STUDENTS, ACHIEVEMENT LEVELS, EDUCATIONAL BACKGROUNDS AND NATIONALITIES, IN MIND. THE SCHOOL IS DEDICATED TO PROVIDING AN ACADEMICALLY CHALLENGING EDUCATIONAL EXPERIENCE FOR CHILDREN WHO HAVE HISTORICALLY BEEN EXCLUDED FROM THE OPPORTUNITY. ENROLLMENT WAS 408 FOR FISCAL YEAR 2018.EXCELL ACADEMY WAS THE RECEIPIENT OF THE PATHWAY II SCHOLARSHIP PROGRAM IN FY18 AND WAS ABLE TO DEVELOP A KINDERGARTEN READINESS PROGRAM TO HELP YOUNG STUDENTS PREPARE FOR ENTERING GRADES K-8. THIS PROGRAM IS BEING RUN IN THE COMMUNITY SERVICES FUND OF THE ACADEMY ALONG WITH BEFORE AND AFTER CARE FOR STUDENTS AS WELL AS EMPLOYEE DAYCARE FOR STAFF MEMBERS CHILDREN. 7011541 1 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 99 1 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 1 0 MN X CLIFTON LARSON ALLEN 6123764500 220 SOUTH SIXTH STREET SUITE 300 MINNEAPLIS MN 554021436 JOHN ALLEN BOARD CHAIR 3.00 X X 0 0 0 RENE ISUK VICE CHAIR 3.00 X X 0 0 0 CASEY MORRISSETTE TREASURER 3.00 X X 0 0 0 OLIVER SPRAGGINS MEMBER 2.00 X 0 0 0 STEVEN COLE MEMBER 2.00 X 0 0 0 EDNA GRANGER MEMBER 2.00 X 0 0 0 KATY YELLE MEMBER/TEACHER 42.00 X 41964 0 9820 MONICA MCGILL MEMBER 3.00 X 0 0 0 JULIE JAMES MEMBER/TEACHER 42.00 X 56544 0 10878 SABRINA WILLIAMS SCHOOL DIRECTOR 45.00 X 126944 0 31031 225452 0 51729 1 0 1 0 CKC GOOD FOOD PO BOX 431419 MINNEAPOLIS MN 55443 FOOD SERVICE 353579 PARKADAM TRANSPORTATION 2211 EDGEWOOD AVE S ST LOUIS PARK MN 55426 STUDENT TRANSPORTATION 201241 QUALITY CARE TRANSPORTATION INC PO BOX 290161 BROOKLYN CENTER MN 55429 STUDENT TRANSPORTATION 195300 NORTHSTAR BUS LINES 11800 95TH AVENUE NORTH MAPLE GROVE MN 55369 STUDENT TRANSPORTATION 138922 4 6685209 18672 6703881 FEES FROM PATRONS 611710 227122 227122 MEDICAL ASSISTANCE 611710 20276 20276 TUITION FROM PATRONS 611710 18093 18093 FOOD SERVICE REVENUE 611710 8232 8232 273723 44 44 20620 0 20620 20620 20620 MISCELLANEOUS REVENUE 900099 70 70 70 6998338 273793 0 20664 295359 121054 174305 2919279 2673593 245686 1309821 1143393 166428 336504 300303 36201 267765 204202 63563 3944 3944 61714 61714 268640 221680 46960 103257 74579 28678 64799 33162 31637 1082163 1080968 1195 28411 24752 3659 13204 13204 90266 89840 426 15412 15412 TRANSPORTATION 541611 541611 FOOD SERVICE EXPENSES 344779 344779 REPAIRS AND MAINTENANCE 74868 73906 962 INSTRUCTIONAL SUPPLIES 44108 44108 58534 26407 32127 7924438 7011541 912897 0 483464 362964 752454 969282 21449 26581 1356127 547190 858932 808937 5845439 4431385 7961738 6599149 240805 197236 7525 4310 298570 214228 9238532 8933169 9785432 9348943 X -2384056 -3344503 560362 594709 0 0 -1823694 -2749794 7961738 6599149 -926100 0 X 0 1 X 1 0 X 1305491 514032 791459 50636 33158 17478 808937 DEFERRED PENSION OUTFLOWS 4431385 4431385 COMPENSATED ABSENCES 125119 PENSION LIABILITY PAYABLE 7272622 DEFERRED PENSION INFLOWS 1535428 8933169 X 6986497 0 6986497 11841 11841 6998338 6838253 124613 124613 6713640 1210798 1210798 7924438 PART X, LINE 2: THE ACADEMY IS REQUIRED TO ASSESS WHETHER AN UNCERTAIN TAX POSITION EXISTS AND IF THERE SHOULD BE RECOGNITIION OF A RELATED BENEFIT OR LIABILITY IN THE FINANCIAL STATEMENTS. THE ACADEMY HAS DETERMINED THERE ARE NOT AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: STATE AIDS RELATED TO PENSION 11,841. PART XII, LINE 2D - OTHER ADJUSTMENTS: REPAYMENT OF DEBT PRINCIPAL 84,342. CAPITAL OUTLAY 40,271. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN COMPENSATED ABSENCES PAYABLE 23,896. DEPRECIATION EXPENSE 90,266. PENSION EXPENSE 1,096,636. 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 SCHOOL'S NONDISCRIMINATORY POLICY IS POSTED AT THE SCHOOL, AND IS LISTED IN THE ENROLLMENT APPLICATION, BROCHURE, AND ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. X X 0 0 0 0 0 0 0 0 0 SABRINA WILLIAMS SCHOOL DIRECTOR 114349 0 12595 0 0 0 9821 0 21210 0 157975 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL'S MEMBERSHIP CONSISTS OF ENROLLEE MEMBERS, EMPLOYEE MEMBERS, AND COMMUNITY MEMBERS. ENROLLMENT OF A CHILD IN THE SCHOOL QUALIFIES THE PARENT(S).LEGAL GUARDIAN(S) AS ENROLLEE MEMEBRS. PAID EMPLOYMENT BY THE SCHOOL QUALIFIES THE EMPLOYEE AS AN EMPLOYEE MEMBER. SERVICE OF FIFTEEN HOURS OF VOLUNTEER WORK FOR THE SCHOOL QUALIFIES AN INDIVIDUAL AS A COMMUNITY MEMBER. ALL MEMBERS HAVE EQUAL VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE SCHOOL'S MEMBERS ARE ELIGIBLE TO VOTE TO ELECT BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE SCHOOL'S GOVERNING DOCUMENTS MUST BE APPROVED BY A MAJORITY VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT HAVE COMMITTEES THAT HAVE THE AUTHORITY ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL DIRECTOR REVIEWED THE FORM 990 WITH A CONTRACTED ACCOUNTANT AND THE INDEPENDENT AUDITOR. THIS PROCESS WAS CONDUCTED PRIOR TO FILING THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS COMPLETE A FULL DISCLOSURE WHICH INCLUDES THE MEMBER, SPOUSE, AND CLOSE RELATIVES TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. CONFLICTS OF INTEREST ARE REVIEWED AND DETERMINED BY REMAINING BOARD MEMBERS NOT IN CONFLICT. INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST DO NO VOTE ON THAT MATTER. ALL PROCEEDINGS RELATED TO CONFLCITS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 WHEN DETERMINING THE COMPENSATION OF THE SCHOOL DIRECTOR AND ALL OTHER EMPLOYEES, THE SCHOOL'S BOARD OF DIRECTORS REVIEWS THE COMPENSATION LEVELS OF COMPARABLE POSITIONS WITHIN THE COMMUNITY AS WELL AS REVIEWING EXPERIENCE LEVEL AND SCHOOL SIZE FOR THE SCHOOL DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.