2015-02-23T12:29:00-06:00 2014-06-30 411690382 Malloy Montague Karnowski Radosevich 5353 Wayzata Blvd Suite 410 Minneapolis MN 55416 990 2013-07-01 411890992 Cyber Village Academy CYBE 6515237170 768 Hamline Avenue South St Paul MN 55116 David Glick Director 6515237170 2015-02-17 1 Thomas A Karnowski P00148364 9525450424 2013 2016-02-25 16:41:14Z Cyber Village Academy David Glick 768 Hamline Avenue South St Paul MN 55116 1799307 0 X cva.k12.mn.us X 1997 MN Provide an education for students in grades 3 to 12. 9 4 29 20 0 0 206748 235010 1504943 1563050 79 99 1136 338 1712906 1798497 0 0 0 0 1009988 1001861 0 0 0 630870 660931 1640858 1662792 72048 135705 402359 516229 187229 165394 215130 350835 Cyber Village Academy prepares students to meet the challenge of a rapidly changing world with confidence by helping them to become inquiring, knowledgeable, caring and active citizens who value academic rigor, integrity, self reliance and compassion. 0 0 1390664 1563050 To provide an eduactional program and other educational services to its students in grades 3 through 12. During the fiscal year ended June 30, 2014 Cyber Village Academy served an estimated 157 students. 1390664 1 0 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 1 0 1 0 0 0 0 0 0 0 0 0 1 6 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 4 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 1 0 MN X Designs for Learning 6516450200 2233 University Ave W Suite 450 St Paul MN 551141634 Justin Wewers Chairperson 1.00 X X 43740 0 7222 Robyn Consoer Vice Chairperson/Teacher 40.00 X X 55575 0 8658 Megan Cole Treasuer 40.00 X X 0 0 0 Amanda Reding Secretary 40.00 X X 36925 0 6978 Lauren Odle Member 40.00 X 48608 0 11166 Mark Goodell Member 1.00 X 0 0 0 Cheryl Neima Member 1.00 X 0 0 0 Christy Buxman Member 40.00 X 43245 0 8834 Bill Taylor Member 1.00 X 0 0 0 David Glick Director 40.00 X 80380 0 6126 308473 0 48984 0 0 0 0 Designs for Learning 2233 University Ave W St Paul MN 55114 Accounting, payroll, audit preparation, 125494 1 226488 8522 235010 Federal and State Sour 611710 1514526 1514526 Other Educational Purp 611710 48524 48524 1563050 99 99 1148 810 338 338 1798497 1563050 0 437 324882 244502 80380 480971 427828 53143 57394 47907 9487 80931 74359 6572 57683 47479 10204 10005 10005 6219 6219 57446 57446 129599 128671 928 48248 45440 2808 1172 480 692 342486 335151 7335 2259 18 2241 1325 1325 70 70 20956 2982 17974 6228 6228 Food 13216 13216 Field Trips 12004 12004 Transportation 9302 9302 Food 259 259 137 137 1662792 1390664 272128 0 235 102266 11016 149533 356683 231679 26143 23536 82567 73352 8282 9215 402359 516229 183490 153914 3739 11480 187229 165394 X 206422 341620 8708 9215 0 0 215130 350835 402359 516229 135705 0 X X 0 1 X 1 0 X 775 620 155 81792 72732 9060 9215 X 1798497 0 1798497 0 1798497 1662792 0 1662792 0 1662792 Part X, Line 2: The Academy is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). The Academy is subject to tax on income from any unrelated business. The Academy is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely-than-not be sustained upon examination by taxing authorities. The Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Academy believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operations, or cash flows. Accordingly, the Academy has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at June 30, 2014. The Academy is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods. Open audit periods for the Academy are the years ended June 30, 2011, 2012, and 2013. 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 Academy's admissions policies, including nondiscrimination policy are published on the school's website and as such are readily available to the public. Schedule E, Part I, Line 6 The School receives aids through the State of Minnesota for the purpose of providing educational services to its students. David Alley Owner/President of Designs for Learning and Former Director of Academy 125494 Cyber Village Academy has contracted with Designs for Learning for accounting, payroll, audit, special education, director, and technology services. 0 Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of governing body. Form 990, Part VI, Section B, line 11 The return is reviewed and signed by the School's Director prior to filing. The entire board does not review the 990 before filiing. Form 990, Part VI, Section B, line 12c The Board receives training and information from MDE and Designs for Learning about required policies and procedures. Every year the board completes conflict of interest questionnaires and files them with Designs for Learning. Form 990, Part VI, Section B, line 15b Officers of the Board receive their regular salary whether or not they serve on the Board - in other words, Board membership or Board Officer status have no impact on salary. The Director prepares a school budget, including salaries and benefits budgets, which the board approves. The Board negotiates the Designs for Learning contract separately and it and all contracts are Board approved. Staff salaries have been adjusted in recent years for equity purposes and are now governed by Q Comp requirements. Form 990, Part VI, Section C, line 19 The organization makes its 990 information, governing documents, conflict of interest policy and financial statements available upon request. FORM 990. PART XII. Line 2C: The Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant annually. This process has not changed from the prior year. Related Organization Compensation: Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted. FORM 990. PART VI, SECTION A, LINE 1B: Several members of the board are teachers at the School. Minnesota State Statute 124D.10 Subd. 4.(g) requires the board to have at least one employed or contracted teacher. AUTHORIZER The Academy is required to have an Authorizer to monitor its operations in order to maintain its charter. The Academy's approved Authorizer during the fiscal year 2014 was Innovative Quality Schools.