2018-04-17T00:00:00-05:00 2017-06-30 411431613 BERGANKDV LTD 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 990 2016-07-01 453597879 UPPER MISSISSIPPI ACADEMY UPPE 6515288091 426 OSCEOLA AVE SOUTH ST PAUL MN 55102 HARRY ADLER EXECUTIVE DIRECTOR 6515288091 2018-04-11 1 THERESA GOETTE P01062926 9525636800 2018-04-11 23.25.153.169 2018-04-11 12:56:31 CD P 7A8FBA314F93C43DE5EB06712644C36B580914E8 7A8FBA314F93C43DE5EB06712644C36B580914E8 2016 2021-01-29 14:40:06Z CHRISTOPHER MORTENSON 426 OSCEOLA AVE SOUTH ST PAUL MN 55102 3411070 0 X WWW.UMISSACADEMY.ORG X 2011 MN A COLLABORATIVE COMMUNITY ENGAGING LIFELONG LEARNERS IN ACTIVE, AUTHENTIC EXPERIENCES. 8 5 57 87 0 0 3391587 3359095 33459 43047 18 64 -14598 -12397 3410466 3389809 0 0 0 0 2047987 3097101 0 0 0 1324015 1079213 3372002 4176314 38464 -786505 499836 697709 687647 1672025 -187811 -974316 UPPER MISSISSIPPI ACADEMY IS A COLLABORATIVE COMMUNITY ENGAGING LIFELONG LEARNERS IN ACTIVE, AUTHENTIC EXPERIENCES. 0 0 3527097 43807 THIS PAST YEAR REPRESENTED THE FOURTH FULL YEAR OF OPERATION AS A MN PUBLIC CHARTER SCHOOL. WE HAD APPROXIMATELY 243 STUDENTS IN GRADES 6, 7, 8, 9, AND 12. 3527097 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 10 0 1 57 1 0 0 0 0 0 0 0 0 X 8 5 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 MN X BERGANKDV 6514632233 22488 CHIPPENDALE AVE FARMINGTON MN 55024 X CHRISTOPHER MORTENSON CHAIRPERSON/TEACHER 22.00 X X 28652 0 2365 CHRIS SVENSRUD VICE PRESIDENT 2.00 X X 0 0 0 LESLEY ERNST SECRETARY/TEACHER 42.00 X X 59371 0 7259 JOSEPH KLANCHER TREASURER 5.00 X X 0 0 0 KRISTA HONG DIRECTOR 2.00 X 0 0 0 JANET LUDDEN DIRECTOR 2.00 X 0 0 0 ADAM SCHNEIDER DIRECTOR/TEACHER 42.00 X 39609 0 3346 DAN TROCKMAN DIRECTOR 2.00 X 0 0 0 HARRY ADLER EXECUTIVE DIRECTOR 40.00 X 64664 0 13594 192296 0 26564 0 0 0 0 MONARCH BUS SERVICE INC 101 EAST 10 STREET STE 300 HASTINGS MN 55033 TRANSPORTATION 289651 1 41231 3229370 88494 19952 3359095 FOOD SALES TO PUPILS 611710 22364 22364 FEES FROM PATRONS 611710 20683 20683 43047 64 64 4754 41231 21261 -16507 -16507 3350 0 3350 3350 MISCELLANOUS INCOME 900099 760 760 760 3389809 43807 0 -13093 229824 146233 83591 139659 86861 52798 1283720 1145746 137974 1179327 1006915 172412 145017 123239 21778 119554 99784 19770 1800 1800 66798 66798 88212 86082 2130 8210 8210 35403 19859 15544 51392 11723 39669 451074 451074 6872 6522 350 209 209 34054 32321 1733 14852 14852 STUDENT TRANSPORTATION 229679 229679 FOOD SERVICE 35740 35740 DUES & MEMBERSHIPS 25116 665 24451 INSTRUCTIONAL SUPPLIES 20120 20120 9682 9682 4176314 3527097 649217 0 X 24527 192259 40410 283214 297365 56583 58875 206514 97714 135512 108800 499836 697709 179434 238219 73080 435133 1433806 687647 1672025 X -323323 -1083116 135512 108800 0 0 -187811 -974316 499836 697709 -786505 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 206514 97714 108800 108800 NET PENSION LIABILITY, DEF OUTFLOW/INFLOW 1433806 1433806 3307890 1309 1309 3306581 83228 83228 3389809 3122090 61731 61731 3060359 1115955 1115955 4176314 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 1,309. PART XI, LINE 4B - OTHER ADJUSTMENTS: STATE AID RELATED TO PENSION EXPENSE 78,228. NONCASH DONATION 5,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: CAPITAL OUTLAYS 7,342. PRINCIPAL PAYMENTS 53,080. FUNDRAISING EXPENSES 1,309. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 34,054. PENSION EXPENSE 1,076,901. NONCASH DONATION 5,000. 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 POLICY IS COMMUNICATED THROUGH MATERIALS MAILED TO FAMILIES WITH SCHOOL-AGED CHILDREN. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. SPRING GALA 45985 41231 4754 19952 203 1106 45985 41231 4754 19952 203 1106 21261 -16507 UPPER MISS FACILITIES LLC BUSINESS RELATIONSHIP WITH CHRIS MORTENSON, CHAIRPERSON 53080 LOAN PAYMENTS 0 FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF BOARD MEMBERS SHALL BE HELD ANNUALLY. EACH PARENT AND LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL AND EACH EMPLOYEE OF THE SCHOOL SHALL HAVE THE RIGHT TO EXERCISE ONE VOTE FOR ITS BOARD CANDIDATES. A PARENT/LEGAL GUARDIAN OF A CHILD ENROLLED AT THE SCHOOL WHO IS ALSO EMPLOYED AT THE SCHOOL SHALL HAVE A RIGHT TO EXERCISE ONE VOTE. ELECTIONS SHALL BE DECIDED BY A MAJORITY OF THE ELIGIBLE VOTERS PRESENT. FORM 990, PART VI, SECTION A, LINE 8B THE ACADEMY DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE SCHOOL ACCOUNTANT. PRIOR TO FILING THE FORM 990, MEMBERS OF THE FINANCE COMMITTEE WILL CONDUCT A DETAIL REVIEW AND PROVIDE THE APPROVED PUBLIC DISCLOSURE DRAFT OF THE FORM 990 TO THE FULL BOARD OF DIRECTORS FOR ANY CHANGE REQUESTS OR QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C AT EACH BOARD MEETING, ALL MEMBERS ARE REQUESTED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT AROSE SINCE THE PRIOR MEETING. ANY CONFLICT ARE DISCUSSED AND DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A: RELATED BOARD MEMBERS PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE A LICENSED TEACHER AS A MEMBER OF THE BOARD OF DIRECTORS. CHRIS MORTENSON, LESLEY ERNST AND ADAM SCHNEIDER ARE BOARD MEMBERS BUT RECEIVE COMPENSATION FOR THEIR SERVICES AS TEACHERS. FORM 990, PART X, LINE 25: PENSION LIABILITIES, NET OF PENSION DEFERRED OUTFLOWS & INFLOWS: AS A CHARTER SCHOOL IN THE STATE OF MINNESOTA, PARTICIPATION IN TWO MULTIPLE-EMPLOYER, COST-SHARING DEFINED BENEFIT PENSION PLANS IS STATUTORILY REQUIRED. THE SCHOOL'S CONTRIBUTIONS TO THE PLANS ARE ALSO REGULATED BY STATUTE AND ARE BASED ON A PERCENTAGE OF SALARIES AND WAGES EARNED BY CURRENT EMPLOYEES. THEREFORE, WHILE THE NET PENSION LIABILITY IS REPORTED ON THE SCHOOL'S STATEMENT OF NET POSITION, THE SCHOOL IS NOT IN A POSITION TO DIRECTLY CONTROL THE LIABILITY OR THE SUBSEQUENT LIQUIDATION OF THE LIABILITY. FORM 990 PART XII, LINE 2 THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT, THE REVIEW OF THE FINANCIAL STATMENTS, AND SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. UPPER MISSISSIPPI ACADEMY PTO 426 OSCEOLA AVE S ST PAUL MN 55102 472409633 PARENT ORGANIZATION MN 501(C)(3) LINE 12 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0