2019-04-29T12:24:52-05:00 2018-06-30 410975573 REDPATH AND COMPANY LTD 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2017-07-01 010701608 PARTNERSHIP ACADEMY INC PART 6128663630 305 EAST 77TH STREET RICHFIELD MN 55423 LISA HENDRICKS EXECUTIVE DIRECTOR & PRINCIPAL 6128663630 2019-04-15 1 ASHLEY C REHN CPA P00965922 6514267000 2019-04-15 50.224.170.94 2019-04-15 14:10:22 CD P DB2850DC9C294794158C54865F06CF452F694AAC 967318B790B1455EE694363059DB49B3290921CA 2017 2019-02-21 02:37:17Z LISA HENDRICKS 305 EAST 77TH STREET RICHFIELD MN 55423 5850235 0 X WWW.PASCHOOL.ORG X 2002 MN CREATE LEARNING EXPERIENCES AND PARTNERSHIPS EMPOWERING STUDENTS TO ACHIEVE THEIR GREATEST POTENTIAL. 5 4 72 200 0 0 5817367 5696994 123016 84249 -30999 16 8410 68976 5917794 5850235 0 0 0 0 5090367 4984256 0 0 0 1838252 1789029 6928619 6773285 -1010825 -923050 6947458 6715235 9573953 10264780 -2626495 -3549545 X PARTNERSHIP ACADEMY PROVIDES EXCEPTIONAL LEARNING OPPORTUNITIES FOR STUDENTS IN GRADES PRESCHOOL-5TH GRADE WHO LIVE IN RICHFIELD AND NEIGHBORING COMMUNITIES OF BLOOMINGTON AND SOUTH MINNEAPOLIS.STUDENTS OF PARTNERSHIP ACADEMY BENEFIT FROM DATA-DRIVEN INSTRUCTION, A WELL-DEVELOPED ENGLISH LEARNER PROGRAM, HIGH-INTEREST SPECIAL CLASSES, SOCIAL SKILLS DEVELOPMENT, AND AN EXTENDED DAY PROGRAM. 0 0 5997774 84249 OPERATION OF AN EDUCATIONAL INSTITUTION FOR APPROXIMATELY 300 STUDENTS IN GRADES PRESCHOOL THROUGH FIFTH. PROFICIENCY TEST SCORES FOR THE 2017-2018 SCHOOL YEAR INCREASED SLIGHTLY. ENROLLMENT AT THE SCHOOL CONTINUES TO BE STRONG AND PARENT SATISFACTION IS VERY HIGH. IN FACT, THE SCHOOL HAS HAD 100% AT PARENT TEACHER CONFERENCES FOR 11 YEARS IN A ROW! 5997774 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 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 0 0 0 1 24 0 1 72 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X THE ORGANIZATION 6128663630 305 EAST 77TH STREET RICHFIELD MN 55423 FRANNIE BECQUER VICE PRESIDENT 1.00 X X 0 0 0 JESSICA ARNOLDI SECRETARY/TEACHER 41.00 X X 50433 0 11049 NANCY ROMERO COMMUNITY MEMBER 1.00 X 0 0 0 ROBBIE BURKHART TREASURER 1.00 X X 0 0 0 RUBI PILEGO SANCHEZ COMMUNITY MEMBER (PART YEAR) 1.00 X 0 0 0 TERESA BECHTOLD PRESIDENT 3.00 X X 0 0 0 LISA HENDRICKS EXEC. DIRECTOR/PRINCIPAL 41.00 1.00 X 129816 0 9736 180249 0 20785 1 0 0 0 CKC GOOD FOODS PO BOX 431419 MINNEAPOLIS MN 55443 SCHOOL MEALS 235801 MONARCH BUS SERVICE INC 101 EAST 10TH STREET SUITE 300 HASTINGS MN 55033 TRANSPORTATION 191267 2 118751 5467219 111024 5696994 PRESCHOOL TUITION 611110 84249 84249 84249 16 16 68976 68976 68976 5850235 84249 0 68992 201340 115007 86333 3027688 2827059 200629 1207594 1115847 91747 313590 267447 46143 234044 212911 21133 3323 3323 35506 35506 389402 229160 160242 14112 14112 106253 56586 49667 16930 16930 572822 537176 35646 27988 27988 5430 5430 2550 2550 24570 17701 6869 24675 24675 FOOD 259977 259977 TRANSPORTATION 240150 240150 INSTRUCTIONAL SUPPLIES 38471 38471 DUES AND MEMBERSHIPS 7231 7231 19639 19639 6773285 5997774 775511 0 123980 129037 938781 1122910 36046 34917 54500 145800 61446 9859 310247 206091 128726 104156 5603979 5168556 6947458 6715235 390385 476111 18332 107413 9165236 9681256 9573953 10264780 X -2773261 -3653701 128726 104156 18040 0 -2626495 -3549545 6947458 6715235 -923050 0 X 0 1 X 1 0 X 114847 48861 65986 195400 157230 38170 104156 DEFERRED OUTFLOWS OF RESOURCES RELATED TO PENSIONS 5168556 5168556 NET PENSION LIABILITY - LONG TERM 8261898 DEFERRED INFLOWS OF RESOURCES RELATED TO PENSIONS 1419358 9681256 X 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 AND PAA HAVE 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 SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THEIR ADMISSIONS AND EMPLOYMENT APPLICATIONS SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING PARTNERSHIP ACADEMY FOUNDATION CONTROLLED ENTITY INITIAL FUNDING OF BUIDING ACQUISITION X 54500 145800 0 1 1 145800 FORM 990, PART VI, SECTION A, LINE 1 THE SCHOOL'S EXECUTIVE COMMITTEE CONSISTS OF TWO OR MORE DIRECTORS AND HAS THE AUTHORITY TO OVERSEE THE BUSINESS AND AFFAIRS OF THE SCHOOL BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS AT THE NEXT BOARD MEETING CONCERNING ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE, WITH SUCH ACTIONS SUBJECT TO RATIFCATION BY THE FULL BOARD OF DIRECTORS AT SUCH MEETING. FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL'S MEMBERS INCLUDE INDIVIDUALS CURRENTLY EMPLOYED AT THE SCHOOL AND THE PARENT(S)/GUARDIAN(S) OF AN ENROLLED STUDENT. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS 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 MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL'S MEMBERS INCLUDE INDIVIDUALS CURRENTLY EMPLOYED AT THE SCHOOL AND THE PARENT(S)/GUARDIAN(S) OF AN ENROLLED STUDENT. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS WILL ANNUALLY DISCLOSE THEIR INVOLVEMENTS WITH OTHER ORGANIZATIONS WITH VENDORS, OR ANY ASSOCIATIONS, WHICH MIGHT BE OR MIGHT REASONABLY BE SEEN AS BEING A CONFLICT WHEN THE BOARD IS TO DECIDE UPON AN ISSUE, ABOUT WHICH A BOARD MEMBER HAS AN UNAVOIDABLE CONFLICT OF INTEREST, THAT BOARD MEMBER SHALL ABSENT HERSELF OR HIMSELF WITHOUT COMMENT FROM NOT ONLY THE VOTE, BUT ALSO FROM THE DELIBERATION. BOARD MEMBERS WILL NOT USE THEIR BOARD POSITION TO OBTAIN EMPLOYMENT IN THE SCHOOL FOR THEMSELVES, FAMILY MEMBERS OR CLOSE ASSOCIATES. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS BASED ON THE MARKET (OTHER SCHOOLS AND NONPROFITS) ANALYSIS, BUDGET FACTORS, AND PERFORMANCE REVIEWS. THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE SCHOOL'S OTHER OFFICERS AND TEACHERS' SALARIES ARE BASED ON THE MARKET (OTHER SCHOOLS AND NONPROFITS) ANALYSIS, BUDGET FACTORS AND PERFORMANCE REVIEWS. THE SCHOOL'S OTHER OFFICERS AND TEACHERS' SALARIES ARE APPROVED BY THE BOARD THROUGH THE BUDGET APPROVAL PROCESS EACH SPRING. WHEN INDIVIDUAL SALARIES OF THE EXECUTIVE DIRECTOR OR BOARD MEMBERS ARE DISCUSSED THEY RECUSE THEMSELVES FROM THE DISCUSSION AND DECISION. THESE PROCESSES WERE LAST PERFORMED DURING FISCAL YEAR 18. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE WEBSITE AND UPON REQUEST. PARTNERSHIP ACADEMY FOUNDATION 305 E 77TH STREET RICHFIELD MN 55423 261120263 SCHOOL-SUPPORTING ACTIVITIES MN 501(C)(3) LINE 11 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 PARTNERSHIP ACADEMY FOUNDATION D 145800 COST