2017-10-03T10:50:01-05:00 2017-06-30 411397419 Abdo Eick & Meyers LLP 100 Warren St Ste 600 Mankato MN 56001 990 2016-07-01 411969573 Kato Public Charter School KATO 5073875524 110 N 6th St Mankato MN 56001 BRENT ROSSOW CHAIRPERSON 5073875524 2017-09-27 1 Thomas J Olinger CPA P00743407 5076252727 2017-09-27 64.88.174.3 2017-09-27 20:24:01 CD P 539D4E03047FA11A9EA7914ECCCCD25A3CE12B77 3351DC13ADDEFBAE55EE49155EC189D952D7D936 2016 2021-01-29 14:40:06Z BRENT ROSSOW 110 N 6th St Mankato MN 56001 1013715 0 X www.katopcs.org X 2000 MN Kato Public Charter School is a charter school designed to meet the needs of students, both in the present and for the future. We are an ever-changing school in an ever-changing society. The intention of Kato Public Charter School is to give students a strong, performance-based education closely related to real life experiences. We specialize in helping students reach their potential. 10 9 0 20 0 0 1050420 1006930 6701 5397 100 1388 0 0 1057221 1013715 0 0 0 0 0 0 0 0 0 1021986 1055655 1021986 1055655 35235 -41940 614139 593179 26895 47875 587244 545304 See part I, line 1 0 0 860512 5397 Kato public charter school provides an educational program for approximately 70 students in grades six through twelve. 860512 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 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 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 MN X Lisa Donth 5073875524 110 North 6th Street Mankato MN 56001 X Brent Rossow Chairperson 1.00 X X 0 0 0 Trevor Braget Vice Chairperson 1.00 X X 0 0 0 Bradley Wolfe Treasurer (Feb-June) 1.00 X X 0 0 0 Nicole Siirtola Member (July - Jan) 1.00 X 0 0 0 Jim Timmerman Secretary 1.00 X X 0 0 0 Laurie Putze Member 1.00 X 0 0 0 Amanda Wirig Member (Feb - June) 1.00 X 0 0 0 Leah Grossenburg Member (July - Jan) 1.00 X 0 0 0 Claudia Madrigal Ex-officio non voting memb 1.00 X 0 0 0 Craig Anderson Member 1.00 X 0 0 0 0 0 0 0 0 0 0 Edvisions Cooperative 501 Main Street PO Box 518 Henderson MN 56044 Classroom instructors & business service 526988 1 996413 10517 1006930 Charges for services 611600 5397 5397 5397 188 188 1200 0 1200 1200 1200 1013715 6597 0 188 X 10238 10238 769853 611325 158528 1465 1465 4228 4228 7318 7318 175212 175212 23926 22740 1186 306 306 10150 9167 983 Supplies & materials 25953 25953 Dues & memberships 12840 12840 Repairs & maintenance 5500 5500 Loss on Disposal 4160 4160 4506 3297 1209 1055655 860512 195143 0 141363 129142 327251 287891 101685 134782 1958 126 10332 11497 208648 178907 31550 29741 614139 593179 25174 38970 180 1325 724 396 8001 26895 47875 X 583746 536065 3498 9239 587244 545304 614139 593179 -41940 0 X X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 208648 178907 29741 29741 X 1013715 0 1013715 0 1013715 1055655 0 1055655 0 1055655 Part X, Line 2: The School is exempt from income taxes under Section 501(c)(3)of the Internal Revenue Code. The School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30,2017, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The school files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Since the charter school is a public school under Minnesota statutes, there can be no racial discrimination. Schedule E, Part I, Line 6 Kato Public Charter School receives financial assistance from the Minnesota Department of Education and the U.S. Department of Education. Form 990, Part VI, Section B, line 11b The Finance Committee reviews the form 990 and it is then presented to the board for approval prior to filing. Form 990, Part VI, Section B, line 12c The Finance Committee monitors compliance with the conflict of interest policy. Each instance of noncompliance is dealt with individually. Form 990, Part VI, Section C, line 18 Upon request. Form 990, Part VI, Section C, line 19 Upon request. Form 990, Part IX, line 11g Contracted Services - Educators : Program service expenses 611,325. Management and general expenses 0. Fundraising expenses 0. Total expenses 611,325. Contracted services - management : Program service expenses 0. Management and general expenses 158,528. Fundraising expenses 0. Total expenses 158,528. Form 990, Part XII, Line 2C The board of directors assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant. The process has not changed from the prior year.