2019-05-15T23:40:40-07:00 2018-06-30 Robert Reese Procaccini CPA 13928 Sunset Lake Drive Burnsville MN 55337 990 2017-07-01 731663207 KALEIDOSCOPE CHARTER SCHOOL KALE 7634281890 7525 Kalland Avenue Otsego MN 55301 Brett Wedlund Director 7634281890 2019-05-15 1 Robert Procaccini P01890510 9529920995 2019-05-15 107.4.172.24 2017 2019-02-21 02:37:17Z Dr Brett Wedlund 7525 Kalland Avenue Otsego MN 55301 6668449 0 X www.kcsmn.org X 2002 MN To prepare students for tomorrow by emphasizing academic excellence and character development today 8 6 120 20 0 0 6510258 6610293 127175 37182 6041 20974 59346 0 6702820 6668449 0 0 4190153 6358494 0 0 2338625 2567459 6528778 8925953 174042 -2257504 10154714 9634232 10833902 12570924 -679188 -2936692 Kaleidoscope Charter School's mission is to prepare students for tomorrow by emphasizing academic excellence and character development today 0 0 7929748 0 39879 See additional data 0 0 0 7929748 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 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 1 1 1 0 0 1 15 0 120 1 0 0 0 0 0 0 X 8 6 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 1 1 1 0 0 MN X Robert Procaccini Robert Reese Procaccini CPA 9529920995 2151 Hamline Ave N / Suite 212 Roseville MN 55113 KC Guntzel Board Chair 3 X X 0 0 0 Matthew Dampier Vice Chair 3 0 X X 0 0 0 Ryan Herrick Secretary 3 0 X X 0 0 0 Renee Suess Treasurer 3 40 X X 36298 0 9336 Michelle Chabot Board Member 3 40 X 52954 0 9436 Todd Hildebrand Board Member 3 0 X 0 0 0 Liz Iverson Board Member 3 0 X 0 0 0 Keri Erickson Board Member 3 0 X 0 0 0 Dr Brett Wedlund Executive Director 40 0 X 101962 0 8267 191214 0 27039 1 0 0 0 Universal Cleaning Services Inc 12372 River Ridge Blvd Burnsville MN 55337 Cleaning, Supplies, Maintenance 164173 CKC Good Food PO BOX 431419 Brooklyn Park MN 55443 Food Service 114731 2 0 0 0 0 6570414 39879 0 6610293 Student Programs 611710 37182 37182 0 0 0 0 0 0 37182 20974 20974 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6668449 58156 0 0 191214 89252 101962 0 3411762 2857021 554741 2041354 1914178 127176 442083 392277 49806 272081 251936 20145 9113 9113 80487 80487 29098 29098 1101746 1101746 13320 13320 49472 49472 23677 23677 Transportation Expense 96808 96808 0 0 Food Service Expenses 156656 156656 0 0 Instructional Materials 141325 141325 0 0 Other Facility Costs 398835 398835 0 0 466922 466922 8925953 7929748 996205 0 2204988 1669162 567312 751662 58978 50045 720494 453400 295281 267094 7028155 6896269 10154714 9634232 483085 476012 10350817 12094912 10833902 12570924 X -974469 -2936692 295281 0 0 0 -679188 -2936692 10154714 9634232 X -2257504 0 0 0 0 X X 0 1 X 1 0 X 0 0 0 0 0 0 0 0 109902 21543 88359 0 610592 431857 178735 0 0 0 0 267094 Deferred Outflows - Pension 6896269 6896269 0 Pension Liability and Deferred Inflows 12094912 12094912 6668449 0 0 0 0 0 6668449 0 0 0 6668449 8925953 0 0 0 0 0 8925953 0 0 0 8925953 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 PUBLICIZED IN ALL SOLICITATIONS FOR STUDENTS Schedule E, Part I, Line 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING Form 990, Part VI, Section A, Line 6 The school has two classes community members & parents & guardians of enrolled students and employee members Form 990, Part VI, Section A, Line 7a Community members, parents/guardians of students, and staff are eligible to vote for board members Form 990, Part VI, Section A, Line 8b The school does not have any committees with broad authority to act on behalf of the governing body Form 990, Part VI, Section B, Line 11b The form 990 is prepared by an independent accounting firm once the form is completed, a draft is reviewed by the accounting services provider, the executive director and board c hair prior to filing with the IRS Form 990, Part VI, Section B, Line 12c Annually, board members and key employees complete a full disclosure which includes the member, spouse and close relatives to identify potential conflicts of interest the board of directors reviews and determines if conflicts of interest exist conflict of interest forms are also reviewed annually by the audit firm individuals with potential or actual conflicts of interest do not vote on that matter all proceedings related to conflicts of interest are documented in the meeting minutes Form 990, Part VI, Section B, Line 15 The board personnel committee, based on annual performance reviews and comparative compensation information from other charter schools, determine the annual salaries and makes a recommendation to the board the board makes final determination on compensation based on the recommendations from the finance and personnel committees as part of the annual budget process this was last performed in 2015 for the executive director for the 2016-2017 school year no compensation is provided to board members who are not part of the staff Form 990, Part VI, Section C, Line 19 The school's governing documents, conflict of interest policy, and financial statements are all available upon request Form 990, Part XI, Line 9 Change in pension liability -1,365,411 Form 990, Part XII, Line 1 The school follows a modified accrual method of accounting as prescribed by the minnesota department of education the school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting grants and similar items are recognized when all eligibility requirements imposed by the provider have been met KCS Building Company 7525 Kalland Avenue NE Otsego MN 55301 300243469 School Building Leasing MN 501(C)(3) Line 12A, I Kaleidoscope Charter School 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 KCS Building Company k 899998 Lease agreement