2017-03-20T12:04:16-05:00 2016-06-30 390912608 HAWKINS ASH CPAS LLP 975 34TH AVE NW 301 ROCHESTER MN 55901 990 2015-07-01 208201223 ROCHESTER ARTS & SCIENCES ACADEMY FOUNDATION ROCH 5072064646 400 5TH ST SW ROCHESTER MN 559023297 NICK DOYLE PRINCIPAL 5072064646 2017-03-06 1 JOHN WOLTER P00031055 5074241233 2017-03-03 2015 2021-01-29 14:40:06Z AMANDA LINDEBERG-AGANGA 400 5TH ST SW ROCHESTER MN 55902 911682 0 X WWW.RASAMN.ORG X 2007 MN RASA AIMS TO DEVELOP ACTIVE LEARNERS, WELL-ROUNDED INDIVIDUALS AND ENGAGED WORLD CITIZENS. OUR TEACHERS CHANNEL CHILDREN'S NATURAL CURIOSITY TO DEVELOP LIFELONG INQUIRERS PREPARED TO THRIVE IN A DIVERSE WORLD. 10 10 20 0 0 0 581109 19231 0 822650 0 0 0 52624 581109 894505 0 98768 0 0 367586 496237 0 0 10264 171352 226682 538938 821687 42171 72818 226237 355735 2087 58767 224150 296968 X RASA AIMS TO DEVELOP ACTIVE LEARNERS, WELL-ROUNDED INDIVIDUALS AND ENGAGED WORLD CITIZENS. OUR TEACHERS CHANNEL CHILDREN'S NATURAL CURIOSITY TO DEVELOP LIFELONG INQUIRERS PREPARED TO THRIVE IN A DIVERSE WORLD. AS AN INTERNATIONAL BACCALAUREATE (IB) WORLD SCHOOL, WE EMBRACE THE IB MISSION AND EDUCATIONAL MODEL WHILE NURTURING INDIVIDUAL TALENTS AND INSPIRING ACADEMIC EXCELLENCE. WE ARE A CARING AND ACCEPTING COMMUNITY OFFERING FAMILIES AN UNEQUALLED EDUCATIONAL OPPORTUNITY FOR THEIR CHILDREN. 0 0 727369 98768 857223 ROCHESTER ARTS AND SCIENCES ACADEMY FOUNDATION PROVIDED 74 STUDENTS WITH AN INTERNATIONAL BACCALAUREATE CANDIDATE BASED EDUCATION THAT DEVELOPS ACTIVE LEARNERS, WELL-ROUNDED INDIVIDUALS AND ENGAGED WORLD CITIZENS. 727369 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 20 1 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 MN X ROCHESTER ARTS & SCIENCES ACADEMY FOUNDATION 5072064646 400 5TH ST SW ROCHESTER MN 55902 KAREN BENSON MEMBER 1.00 X 0 0 0 SUZANNE BRADY MEMBER 1.00 X 0 0 0 PRASHANT KAPOOR MEMBER 1.00 X 0 0 0 DRAGANA MILOSEVIC MEMBER 1.00 X 0 0 0 CATHERINE MOTSONELIDZE MEVES MEMBER 1.00 X 0 0 0 ANDREA WAHNER HENDRICKSON MEMBER 1.00 X 0 0 0 LEONARDO LETOURNEAUT SECRETARY 2.00 X X 0 0 0 SAMEER PARIKH TREASURER 2.00 X X 0 0 0 ROCHELLE TORGERSON VICE PRESIDENT 2.00 X X 0 0 0 AMANDA LINDBERG-AGANGA PRESIDENT 2.00 X X 0 0 0 NICHOLAS M DOYLE PRINCIPAL 40.00 X 82019 0 0 82019 0 0 0 0 0 0 0 19231 19231 TUITION AND FEES 611110 701224 701224 AFTER SCHOOL AND SUMME 611110 121426 121426 822650 35228 17177 18051 18051 OTHER REVENUE 900099 34573 34573 34573 894505 857223 0 18051 98768 98768 82019 41799 32209 8011 342438 342438 30201 25167 4026 1008 41579 37639 3155 785 11758 11758 5776 5776 10880 4341 6493 46 5370 2895 2444 31 88006 86533 1178 295 5370 5370 7730 7730 INSTRUCTIONAL EXPENSES 33137 33121 13 3 AUXILLARY EXPENSE 25127 25127 PROFESSIONAL DEVELOPMEN 12969 12969 MISCELLANEOUS 8977 8905 72 11582 11202 367 13 821687 727369 84054 10264 206247 250800 19312 25467 40984 12978 144342 118836 678 25506 226237 355735 2087 28767 30000 2087 58767 X 224150 296968 224150 296968 226237 355735 72818 0 X 0 1 X 1 0 X 144342 118836 25506 25506 X 795737 0 795737 98768 98768 894505 722919 0 722919 98768 98768 821687 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THERE WAS NO MATERIAL UNRELATED INCOME FOR THE YEARS ENDED JUNE 30, 2016. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE SCHOOL FILES FEDERAL EXEMPT INCOME TAX RETURNS. MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN INCOME TAX PROVISIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND DISCOUNTS NETTED FOR GAAP 98,768. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND DISCOUNTS NETTED FOR GAAP 98,768. 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL PRINTED ITEMS RELATED TO SCHOOL ENROLLMENT HAVE THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY CLEARLY STATED AND THE POLICY IS ALSO LISTED ON THE SCHOOL'S WEBSITE. SCH E, LINE 3 ALL PRINTED ITEMS RELATED TO SCHOOL ENROLLMENT HAVE THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY CLEARLY STATED AND THE POLICY IS ALSO LISTED ON THE SCHOOL'S WEBSITE. X 0 MN GALA 19964 19964 4407 OTHER 15264 15264 12770 35228 35228 17177 17177 18051 ROCHESTER ARTS & SCIENCES ACADEMY FOUNDATION 400 5TH ST SW ROCHESTER MN 55902 0 SCHOLARSHIPS 19 98768 FMV FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES CURRENTLY DO NOT KEEP MINUTES, BUT A NEW POLICY IS BEING DRAFTED TO ENSURE THIS IN THE FUTURE. FORM 990, PART VI, SECTION B, LINE 11 EXTERNAL ACCOUNTANTS PROVIDE 990 FOR BOARD OF DIRECTORS REVIEW AND APPROVAL. THEY ARE AVAILABLE FOR QUESTIONS AND CLARIFICATION, IF NECESSARY FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE BOARD REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE THE ANNUAL REPORT TO ANYONE WHO WISHES TO VIEW IT, UPON REQUEST TO THE SCHOOL.