2014-02-12T12:31:29-06:00 2013-06-30 411690382 Malloy Montague Karnowski Radosevich 5353 Wayzata Blvd Ste 410 Minneapolis MN 55416 990 2012-07-01 411890992 Cyber Village Academy CYBE 6515237170 768 Hamline Avenue South St Paul MN 55116 David Glick 6515237170 2014-02-03 1 Thomas A Karnowski P00148364 9525450424 2014-02-03 2012 2015-11-30 17:44:51Z Cyber Village Academy David Glick 768 Hamline Avenue South St Paul MN 55116 1712906 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 205451 206748 1262106 1504943 28 79 3575 1136 1471160 1712906 0 0 0 0 804408 1009988 0 0 1106 611538 630870 1415946 1640858 55214 72048 609397 402359 466315 187229 143082 215130 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 1387679 1504943 To provide an eduactional program and other educational services to its students in grades 3 through 12. During the fiscal year ended June 30, 2013 Cyber Village Academy served an estimated 155 students. 1387679 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 1 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 Laurie Iwan 1.00 X X 0 0 0 Robyn Mesenbring 40.00 X X 52425 0 7851 Megan Cole 1.00 X X 0 0 0 Lauren Odle 40.00 X X 45134 0 11571 Amanda Reding 40.00 X 35938 0 6431 Robert Kaufer 1.00 X 0 0 0 Justin Wewers 40.00 X 25910 0 3983 Christy Buxman 40.00 X 46041 0 8189 Deb DeBruin 1.00 X 0 0 0 David Glick 40.00 X 40000 0 2950 245448 0 40975 0 0 0 0 Designs for Learning 2233 University Ave W St Paul MN 55114 Accounting, payroll, audit preparation, 133102 1 204145 2603 206748 Federal and State Sour 611710 1463978 1463978 Other Educational Purp 611710 40965 40965 1504943 79 79 1136 0 1136 1136 1712906 1504943 0 1215 304630 224630 80000 493249 460436 32813 53454 45815 7639 101268 89661 11607 57387 48756 8631 23400 9003 14397 3993 3993 56842 56842 131773 131773 36366 29713 5547 1106 287335 281927 5408 1195 255 940 4162 4162 2208 2208 47936 30567 17369 5258 4980 278 8380 8380 Food 13106 13106 Field Trips 6957 6957 Transportation 1945 1945 Food 14 14 1640858 1387679 252073 1106 200 235 45648 11016 533501 356683 24959 26143 80863 72581 5089 8282 609397 402359 161112 183490 326 3739 304877 0 466315 187229 X 142712 206422 370 8708 0 0 143082 215130 609397 402359 72048 0 X X 0 1 X 1 0 X 775 465 310 80088 72116 7972 8282 X 1711800 0 1711800 1106 1106 1712906 1639752 0 1639752 1106 1106 1640858 Description of Uncertain Tax Positions Under FIN 48: 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, 2013. 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, 2010, 2011, and 2012. Part XI, Line 4b - Other Adjustments: Fundraising contra revenue 1,106. Part XII, Line 4b - Other Adjustments: Fundraising contra revenue 1,106. Adjusting contra revenue from a revenue classification to an expense classification. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication 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. Explanation of Government Financial Assistance 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 133102 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 3 The Academy's director's duties are normally an internal function of a charter school. Cyber Village outsources these duties to Designs for Learning, a service organization. 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 school's director is not an employee, and the contract amount paid for his services was established when he was hired in August 2007 as the same amount of his predecessor, the founding director of the school, was paid as an employee. 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 remained flat for several years as a result of the school's financial situation and State budget balancing measures and teacher salary schedules 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 2013 was Innovative Quality Schools.