2015-02-12T09:14:19-06:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2013-07-01 411946091 NERSTRAND ELEMENTARY SCHOOL NERS 5073336850 PO BOX 156 205 S SECOND STREET NERSTRAND MN 55053 LORI ARNDT SCHOOL DIRECTOR 5073336850 2015-02-10 1 DENNIS HOOGEVEEN P01788739 6123764500 2013 2016-02-25 16:41:14Z LORI ARNDT PO BOX 156 205 S SECOND STREET NERSTRAND MN 55053 1371094 0 X WWW.NERSTRAND.CHARTER.K12.MN.US X 1999 MN PUBLIC SCHOOL SERVING STUDENTS IN GRADES K-5. 7 3 0 100 0 0 1287337 1353190 20997 17092 265 187 5675 625 1314274 1371094 0 0 0 0 779772 836403 0 0 0 522630 527248 1302402 1363651 11872 7443 518692 526266 26931 27062 491761 499204 TO EMPOWER STUDENTS TO BE SELF-DIRECTED, LIFELONG LEARNERS BY PROVIDING A NUTRURING, MULTI-AGE ENVIRONMENT WHICH FOSTERS COOPERATION AND CHARACTER DEVELOPMENT. 0 0 1169009 0 17092 PROVIDE PUBLIC EDUCATION TO STUDENTS IN GRADES K-5. APPROXIMATELY 154 STUDENTS WERE ENROLLED DURING THE FISCAL YEAR ENDED JUNE 30, 2014. 1169009 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 6 0 0 0 0 0 0 0 0 0 0 0 0 X 7 3 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X KEITH JOHNSON 5073336850 PO BOX 156 205 S SECOND STREET NERSTRAND MN 55053 MIKE ROSS CHAIR/PARENT 1.00 0.00 X X 0 0 0 TARA BERNDT MEMBER/PARENT 1.00 0.00 X 0 0 0 CARMEN BONDE MEMBER/TEACHER 40.00 0.00 X 13392 0 13137 MARGARET KILEY MEMBER/TEACHER 40.00 0.00 X 47324 0 20522 ELLEN PAULSON MEMBER/TEACHER 40.00 0.00 X 48168 0 20635 GAYLE REUVERS CLERK/COMMUNITY MEMBER 1.00 0.00 X 0 0 0 MELODI VANROEKEL MEMBER/TEACHER 32.00 0.00 X 30678 0 5519 LORI ARNDT SCHOOL DIRECTOR 40.00 0.00 X 22470 0 9118 162032 0 68931 0 0 0 1 EDVISIONS COOPERATIVE 501 MAIN STREET HENDERSON MN 56044 STAFFING 816992 1 1335613 17577 1353190 FEES FROM PATRONS 611710 17092 17092 17092 187 187 MISCELLANEOUS REVENUE 900099 625 625 625 1371094 17092 0 812 288258 240925 47333 190457 190457 277645 245045 32600 5578 3373 2205 15471 15336 135 58994 53011 5983 3497 3497 60583 60583 106699 88935 17764 44199 36718 7481 259907 259907 4225 4225 5660 5660 7051 7012 39 9765 9765 DUES AND LICENSES 17022 17022 CAPITAL OUTLAY 2196 2196 6444 6444 1363651 1169009 194642 0 322107 359895 167632 144469 74540 52638 28953 21902 518692 526266 6263 5145 20668 21917 26931 27062 X 462808 477302 28953 21902 0 0 491761 499204 518692 526266 7443 0 X X 0 1 X 1 0 X 74540 52638 21902 21902 DUE TO OTHER GOVERNMENTAL UNITS 21917 21917 1371094 0 1371094 0 1371094 1356600 0 1356600 7051 7051 1363651 PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION 7,051. 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 CONTAINED IN THE SCHOOL'S REGISTRATION MATERIALS SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. X X 0 0 0 0 0 0 0 0 0 CARMEN BONDE MEMBER/TEACHER 13392 0 0 0 0 0 1732 0 11405 0 26529 0 0 0 MARGARET KILEY MEMBER/TEACHER 47324 0 0 0 0 0 4103 0 16419 0 67846 0 0 0 ELLEN PAULSON MEMBER/TEACHER 48168 0 0 0 0 0 4153 0 16482 0 68803 0 0 0 MELODI VANROEKEL MEMBER/TEACHER 30678 0 0 0 0 0 2209 0 3310 0 36197 0 0 0 LORI ARNDT SCHOOL DIRECTOR 22470 0 0 0 0 0 2450 0 6668 0 31588 0 0 0 SCHEDULE J, PART II THE SCHOOL CONTRACTS WITH EDVISIONS COOPERATIVE, AN UNRELATED ORGANIZATION FOR ALL PERSONNEL SERVICES. COMPENSATION INFORMATION IS REPORTED IN THE FORM 990 AS SALARY, PENSION, BENEFITS, AND PAYROLL TAXES IN THE STATEMENT OF FUNCTIONAL EXPENSES TO BE CONSISTENT WITH THE FINANCIAL STATEMENT PRESENTATION. JAN BOUDREAU FORMER BOARD MEMBER, CURRENT TEACHER 67127 FORMER BOARD MEMBER AND IS CURRENTLY EMPLOYED BY THE ORGANIZATION. 0 PAULA SHROYER FORMER BOARD MEMBER, CURRENT TEACHER 67251 FORMER BOARD MEMBER AND IS CURRENTLY EMPLOYED BY THE ORGANIZATION. 0 TARA VONDRASEK FORMER BOARD MEMBER, CURRENT TEACHER 56079 FORMER BOARD MEMBER AND IS CURRENTLY EMPLOYED BY THE ORGANIZATION. 0 FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL HAS TWO CLASSES OF MEMBERS: PARENT MEMBERS AND EMPLOYEE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE SCHOOL'S BOARD IS ELECTED BY PARENT AND EMPLOYEE MEMBERS. THE SCHOOL'S GOVERNING BODY CONSISTS OF FOUR TEACHER REPRESENTATIVES, TWO PARENT REPRESENTATIVES, AND ONE UNRELATED COMMUNITY MEMBER. EACH MEMBER RECEIVES ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE COMPLETED RETURN WAS PRESENTED AND REVIEWED AT THE FIRST REGULAR BOARD MEETING BY THE FULL GOVERNING BODY FOLLOWING RECEIPT FROM THE ACCOUNTING FIRM. THE FINAL APPROVED COPY WILL SUBSEQUENTLY BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. CONFLICTS ARE REVIEWED AND DETERMINED AT THE BOARD OR COMMITTEE LEVEL, LESS THE INTERESTED PERSON. INDIVIDUALS WITH A CONFLICT ARE NOT ALLOWED TO VOTE ON TRANSACTIONS WHERE A CONFLICT IS DETERMINED TO EXIST. ALL CONFLICTS AND PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL DIRECTOR'S COMPENSATION IS DETERMINED BY ANNUAL REVIEW BY HIRING COMMITTEE WHICH MAKES A RECOMMENDATION TO THE BOARD. THIS PROCESS WAS USED FOR LORI ARNDT IN THE SPRING OF 2014. 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 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.