2016-05-11T08:44:44-05:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2014-07-01 205696407 STONEBRIDGE WORLD SCHOOL STON 6128777400 4530 LYNDALE AVENUE SOUTH MINNEAPOLIS MN 55419 BARBARA NOVY SCHOOL DIRECTOR 6128777400 2016-04-29 1 DENNIS HOOGEVEEN P01788739 6123764500 2014 2016-08-17 19:52:53Z BARBARA NOVY 4530 LYNDALE AVENUE SOUTH MINNEAPOLIS MN 55419 3862521 0 X WWW.STONEBRIDGEWORLDSCHOOL.ORG X 2006 MN TO CREATE AN ENVIRONMENT WITH A GLOBAL PERSPECTIVE THAT PREPARES STUDENTS TO EXCEL ACADEMICALLY. 6 5 55 15 0 0 3270619 3825445 870 21445 0 95 47828 15536 3319317 3862521 0 0 0 0 1670036 2084764 0 0 0 1528301 1790697 3198337 3875461 120980 -12940 1131378 1375435 253492 1781929 877886 -406494 OUR MISSION IS TO CREATE AN ENVIRONMENT WITH A GLOBAL PERSPECTIVE THAT PREPARES STUDENTS TO EXCEL ACADEMICALLY. OUR VISION IS TO DEVELOP MOTIVATED AND PRINCIPLED GLOBAL CITIZENS FOR LIFELONG LEARNING AND PRODUCTIVE CITIZENSHIP. 0 0 3094797 0 21445 GENERAL EDUCATION:STONEBRIDGE COMMUNITY SCHOOL IS A K-6 PUBLIC CHARTER SCHOOL. WE PROVIDE A WELL ROUNDED PROGRAM THAT INCLUDES HANDS-ON LEARNING, CUTTING EDGE CURRICULUM, SMALL CLASS SIZES, COMPREHENSIVE FAMILY SUPPORT SERVICES AND PERSONAL ATTENTION. WE ARE AN APPROVED SCHOOL FOR THE IB WORLD SCHOOL PRIMARY YEARS PROGRAM. THE MISSION IS TO CREATE AN ENGAGING INQUIRY-BASED LEARNING COMMUNITY THAT SUPPORTS AND CHALLENGES STUDENTS TO EXCEL SOCIALLY AND ACADEMICALLY, ENCOURAGING THEM TO THINK AND ACT FROM A GLOBAL PERSPECTIVE. AVERAGE DAILY ENROLLMENT FOR THE YEAR ENDED JUNE 30, 2015 WAS 255 STUDENTS. 225089 0 0 FOOD SERVICE: THE FOOD SERVICE FUND EXISTS TO FEED STUDENTS DURING SCHOOL. 3319886 1 1 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 19 0 55 1 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MN X DIECI SCHOOL FINANCE LLC 6512516980 2151 HAMLINE AVENUE NORTH SUITE 212 ROSEVILLE MN 55113 STANLEY BROWN CHAIR 3.00 X X 0 0 0 MATHEW SCHUMACHER TREASURER 3.00 1.00 X X 0 0 0 SHANNON LAWLER SECRETARY/TEACHER 40.00 X X 52893 0 4324 ROBERT BOWES MEMBER 3.00 1.00 X 0 0 0 JOANN KNUTSON MEMBER 3.00 X 0 0 0 LAURA SANDS MEMBER 3.00 X 0 0 0 BARBARA NOVY SCHOOL DIRECTOR 40.00 X 91702 0 15435 144595 0 19759 0 0 0 0 MAINLINE TRANSPORTATION INC 835 DECATUR AVE N GOLDEN VALLEY MN 55427 TRANSPORTATION 225250 CKC GOOD FOOD PO BOX 431419 MINNEAPOLIS MN 55443 MEALS 143629 2 3813048 12397 3825445 MEDICAL ASSISTANCE REV 611710 21445 21445 21445 95 95 MISCELLANEOUS REVENUE 900099 15536 15536 15536 3862521 21445 0 15631 141587 33717 107870 123639 123639 1432154 1299571 132583 101932 92533 9399 150679 132993 17686 134773 115369 19404 37033 37033 53175 53175 225892 133556 92336 362563 300740 61823 493989 475152 18837 334406 334406 56207 54681 1526 1629 1629 32105 28202 3903 13976 13976 SPECIAL ED EXPENSE 143336 143336 MEMBERSHIPS & LICENSES 36011 36011 REPAIRS AND MAINTENANCE 375 375 3875461 3319886 555575 0 404717 109824 583503 645675 37793 35179 241940 132133 92645 109807 12720 474950 1131378 1375435 247420 213163 6072 1568766 253492 1781929 X 785241 -516301 92645 109807 0 0 877886 -406494 1131378 1375435 X -12940 -1310267 38827 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18513 15427 3086 223427 116706 106721 109807 DUE FROM BUILDING COMPANY 196420 DEFERRED PENSION OUTFLOWS 278530 474950 PENSION LIABILITY PAYABLE 1191313 DEFERRED PENSION INFLOWS 358138 CAPITAL LEASE PAYABLE 19315 1568766 4145163 282642 282642 3862521 0 3862521 7655257 3817973 3817973 3837284 38177 38177 3875461 PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED BUILDING COMPANY REVENUE REPORTED ON SEPARATE RETURN 282,642. PART XII, LINE 2D - OTHER ADJUSTMENTS: CAPITALIZED EXPENDITURES 49,267. AFFILIATED BUILDING COMPANY EXPENSES REPORTING ON SEPARATE RETURN 3,747,320. PAYMENT ON PRINCIPAL 8,723. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 32,105. CHANGE IN COMPENSATED ABSENCES 6,072. 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 NONDISCRIMINATORY POLICY IS COMMUNICATED ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. FORM 990, PART VI, SECTION A, LINE 7A ANY STAFF MEMBERS WHO ARE EMPLOYED BY THE SCHOOL, INCLUDING TEACHERS AND ALL PARENTS/LEGAL GUARDIANS OF STUDENTS ENROLLED AT THE SCHOOL MAY PARTICIPATE IN THE ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT HAVE ANY COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE SCHOOL DIRECTOR REVIEWED THE FORM 990 WITH A CONTRACTED ACCOUNTANT AND THE INDEPENDENT AUDITOR. THIS PROCESS WAS CONDUCTED PRIOR TO FILING THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS AND KEY EMPLOYEES COMPLETE A FULL DISCLOSURE WHICH INCLUDES THE MEMBER, SPOUSE, AND CLOSE RELATIVES TO ASSIST IN IDENTIFYING POTENTIAL CONFLICTS OF INTEREST. IF A BOARD MEMBER HAS A POTENTIAL CONFLICT OF INTEREST, THEY DO NOT PARTICIPATE IN THE DISCUSSION OF THE MATTER AND THEY DO NOT VOTE ON THE MATTER. DETERMINATIONS ARE MADE BY REMAINING INDEPENDENT MEMBERS OF THE BOARD (OR COMMITTEE THEREOF). ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES THE SCHOOL DIRECTOR'S COMPENSATION AS PART OF THE BUDGET PROCESS, GENERALLY A FLAT PERCENT AMONG ALL STAFF. THIS PROCESS WAS LAST CONDUCTED IN 2015 FOR THE SCHOOL DIRECTOR, B. NOVY. THE SCHOOL DIRECTOR MAKES RECOMMENDATIONS TO THE BOARD FOR OTHER STAFF BASED UPON ANNUAL PERFORMANCE REVIEWS AND COMPARATIVE SALARY INFORMATION FROM OTHER MINNESOTA CHARTER SCHOOLS. THE BOARD DETERMINES STAFF COMPENSATION AS PART OF THE BUDGET PROCESS. THIS PROCESS WAS LAST CONDUCTED IN 2015 FOR ALL OTHER EMPLOYEES. 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 38,827. FORM 990, PART XII, LINE 1 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. FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENT: DURING FISCAL YEAR ENDED JUNE 30, 2015, THE SCHOOL ADOPTED GASB STATEMENT NO. 68, ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS, AND THE RELATED GASB STATEMENT NO. 71, PENSION TRANSITION FOR CONTRIBUTIONS MADE SUBSEQUENT TO THE MEASUREMENT DATE - AN AMENDMENT OF GASB STATEMENT NO. 68. AS A RESULT, THE SCHOOL'S NET POSITION AS OF JUNE 30, 2014 HAS BEEN RESTATED TO REFLECT THE RECOGNITION OF THE SCHOOL'S PROPORTIONATE SHARE OF THE PUBLIC EMPLOYEES' RETIREMENT ASSOCIATION OF MINNESOTA GENERAL EMPLOYEES' RETIREMENT FUND'S NET PENSION LIABILITY AS WELL AS THEIR PORTION OF THE TEACHER'S RETIREMENT ASSOCIATION'S COORDINATED AND BASIC PLAN NET PENSION LIABILITY. STONEBRIDGE BUILDING COMPANY 4530 LYNDALE AVENUE SOUTH MINNEAPOLIS MN 55419 300809773 SUPPORT STONEBRIDGE WORLD SCHOOL THROUGH THE OWNERSHIP OR REAL PROPERTY MN 501(C)(3) LINE 11A, I STONEBRIDGE WORLD SCHOOL 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 STONEBRIDGE BUILDING COMPANY K 276356 LEASE AGREEMENT