2017-05-01T10:28:26-05:00 2016-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2015-07-01 411975574 HOPE COMMUNITY ACADEMY HOPE 6517964500 720 PAYNE AVENUE ST PAUL MN 55101 MAYCHY VU SCHOOL DIRECTOR 6517964500 2017-04-25 1 DENNIS HOOGEVEEN P01788739 6123764500 2015 2021-01-29 14:40:06Z MAYCHY VU 720 PAYNE AVENUE ST PAUL MN 55101 7223726 0 X WWW.HOPE-SCHOOL.ORG X 2000 MN HOPE (HMONG OPEN PARTNERSHIPS IN EDUCATION) IS A CHARTER SCHOOL SERVING STUDENTS IN K-8. 7 5 87 40 0 0 6604573 7178157 4571 12168 155 -2086 25479 30021 6634778 7218260 0 0 0 0 3060717 4054839 0 0 0 3519746 3617535 6580463 7672374 54315 -454114 4330260 4034078 3411934 3533751 918326 500327 THE MISSION OF HOPE (HMONG OPEN PARTNERSHIPS IN EDUCATION) COMMUNITY ACADEMY IS TO EDUCATE ALL STUDENTS TO HIGHEST LEVELS OF ACADEMIC AND SOCIAL STANDARDS WITH A FOCUS ON HMONG LANGUAGE AND CULTURE. 0 0 6630768 0 11210 ELEMENTARY/SECONDARY EDUCATION - HOPE COMMUNITY ACADEMY SERVED 512 STUDENTS IN GRADES KINDERGARTEN THROUGH 8TH GRADE IN THE 2015-2016 SCHOOL YEAR. 6630768 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 13 0 87 1 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X BELTZ KES DARLING & ASSOCIATES 6514632233 22488 CHIPPENDALE AVENUE FARMINGTON MN 55024 MORGAN THAO CHAIR 1.00 0.00 X X 0 0 0 JUAVAH LEE TREASURER (THROUGH 12/13/15) 1.00 1.00 X X 2885 0 213 PAO YANG TREASURER 1.00 0.00 X X 0 0 0 SCOTT SUNDLY SECRETARY 1.00 0.00 X X 0 0 0 MIRANDA MELLSTROM TEACHER MEMBER 40.00 0.00 X 49613 0 6293 JESSICA THAO MEMBER/PARENT 1.00 0.00 X 0 0 0 MAI VANG MEMBER 1.00 0.00 X 0 0 0 PATTY WOOLFREY TEACHER MEMBER 40.00 0.00 X 48170 0 4034 MAYCHY VU SCHOOL DIRECTOR 40.00 1.00 X 110259 0 19449 JOANNE RACHEL BUSINESS MANAGER 40.00 0.00 X 67226 0 5320 278153 0 35309 1 0 0 0 CKC GOOD FOOD PO BOX 431419 MINNEAPOLIS MN 55443 STUDENT MEAL CATERING 420981 HMONG AMERICAN PARTNERSHIP 1075 ARCADE STREET EAST ST PAUL MN 55106 TRANSPORTATION 339867 DESIGNS FOR LEARNING 2233 UNIVERSITY AVENUE W ST PAUL MN 55114 STUDENT SUPPORT 298204 COMPUTER INTEGRATION TECH 2375 VENTURA DRIVE WOODBURY MN 55125 IT MAINTENANCE 287950 JME TRANSIT 3140 IRVING AVE S MINNEAPOLIS MN 55408 STUDENT TRANSPORTATION 217644 6 7176404 1753 7178157 MEDICAL ASSISTANCE REV 900099 10363 10363 FOOD SERVICE REVENUE 611710 958 958 FEES FROM PATRONS 611710 847 847 12168 329 329 560 0 560 560 560 0 2415 -2415 -2415 -2415 5383 3051 2332 2332 MISCELLANEOUS REVENUE 900099 27129 27129 27129 7218260 11210 0 28893 373322 152692 220630 2936665 2656984 279681 209429 190343 19086 233667 227148 6519 301756 205910 95846 3750 3750 101411 101411 606864 409163 197701 949788 879286 70502 822902 821565 1337 5274 5098 176 2356 2356 86220 74114 12106 14875 14875 STUDENT TRANSPORTATION 819075 819075 SPECIAL EDUCATION EXPEN 163350 163350 DUES AND MEMBERSHIPS 33362 987 32375 CAPITAL EXPENSES 7822 7822 486 486 7672374 6630768 1041606 0 2339992 2246133 999519 664816 25048 57046 1625752 1256642 351516 369110 614185 696973 4330260 4034078 253064 262470 3158870 3271281 3411934 3533751 X 566810 131217 351516 369110 0 0 918326 500327 4330260 4034078 X -454114 36115 X X 0 1 X 1 1 1 X 1625752 1256642 369110 369110 DUE FROM HCA BUILDING COMPANY 10026 DEFERRED PENSION OUTFLOWS 686947 696973 PENSION LIABILITY PAYABLE 2854727 DEFERRED PENSION INFLOWS 380099 CAPITAL LEASE PAYABLE 36455 3271281 7884519 663844 663844 7220675 -2415 -2415 7218260 8353459 767305 767305 7586154 86220 86220 7672374 PART XI, LINE 2D - OTHER ADJUSTMENTS: BUILDING COMPANY REVENUES REPORTED ON A SEPARATE RETURN 663,844. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS -2,415. PART XII, LINE 2D - OTHER ADJUSTMENTS: CAPITALIZED EXPENDITURES 106,229. BUILDING COMPANY EXPENSES REPORTED ON A SEPARATE RETURN 640,014. PRINCIPAL PAYMENT ON CAPITAL LEASE 21,062. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 86,220. 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 INCLUDED ON OUR WEBSITE AND IN BROCHURES GIVEN TO PARENTS OF PROSPECTIVE STUDENTS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE ORGANIZATION. THE COMMITTEE IS COMMISSIONED BY AND RESPONSIBLE TO THE BOARD IN MATTERS OF EMERGENCY AND IN INTERIM PERIODS BETWEEN REGULARLY SCHEDULED BOARD MEETINGS. THE EXECUTIVE COMMITTEE HAS AND EXERCISES THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE ORGANIZATION, PROVIDED THAT SUCH AUTHORITY DOES NOT CIRCUMVENT THE RESPONSIBILITY AND AUTHORITY VESTED IN THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 PARENTS OF THE STUDENTS ARE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A PARENTS OF HOPE STUDENTS AND TEACHERS ELECT THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE SCHOOL'S MANAGEMENT. THE REVIEWED DRAFT OF THE FORM 990 IS SENT TO THE BOARD FOR FINAL REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES SCRUPULOUSLY SHALL AVOID ANY CONFLICT BETWEEN THEIR OWN RESPECTIVE PERSONAL, PROFESSIONAL OR BUSINESS INTERESTS AND THE INTERESTS OF THE ACADEMY, IN ANY AND ALL ACTIONS TAKEN BY THEM ON BEHALF OF THE ACADEMY IN THEIR RESPECTIVE CAPACITIES. IN THE EVENT THAT ANY OFFICER, DIRECTOR, EMPLOYEE OR COMMITTEE MEMBER OF THE ACADEMY SHALL HAVE ANY DIRECT OR INDIRECT INTEREST IN, OR RELATIONSHIP WITH, ANY INDIVIDUAL OR ORGANIZATION WHICH PROPOSES TO ENTER INTO ANY TRANSACTION WITH THE ACADEMY, SUCH PERSON SHALL GIVE NOTICE OF SUCH INTEREST OR RELATIONSHIP AND SHALL THEREAFTER REFRAIN FROM DISCUSSING OR VOTING ON THE PARTICULAR TRANSACTION IN WHICH HE HAS AN INTEREST, OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE ACADEMY, OR ITS COMPONENTS TO AFFECT A DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. CONFLICTS SHALL BE REVIEWED AND DETERMINED BY THE REMAINING BOARD OR COMMITTEE MEMBERS. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 DURING THE SCHOOL YEAR 2013-2014, THE SCHOOL WORKED WITH A HUMAN RESOURCES CONSULTANT TO DEVELOP AN INITIAL SALARY SCALE THAT WAS RECOMMENDED TO THE BOARD FOR APPROVAL. THE CONSULTANT DID A STUDY COMPARISON OF TEACHER SALARY TO OTHER SIMILAR CHARTER SCHOOLS AND TRADITIONAL SCHOOL DISTRICTS WHEN PUTTING THE DRAFT SALARY SCHEDULE TOGETHER. IN SCHOOL YEAR 2015-16, TEACHER SALARIES WAS INCREASED BY 5%. THE COMPENSATION CHANGES ARE APPROVED WHEN THE BOARD APPROVED THE 2015 BUDGET AS A WHOLE. THE APPROVAL WAS DOCUMENTED IN THE BOARD MINUTES. THE 2015 PROCESS INCLUDED THE COMPENSATION FOR THE SCHOOL DIRECTOR, ASSISTANT DIRECTOR, AND BUSINESS MANAGER. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 36,115. FORM 990, PART XII, LINE 1, EXPLANATION OF OTHER METHOD OF ACCOUNTING: 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. HCA BUILDING COMPANY 720 PAYNE AVE ST PAUL MN 55130 311734513 LEASE BUILDING TO SCHOOL MN 501(C)(3) LINE 11A, I HOPE COMMUNITY ACADEMY 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 HCA BUILDING COMPANY K 663839 LEASE AGREEMENT