2014-05-13T11:45:13-05:00 2013-06-30 411690382 Malloy Montague Karnowski Radosevich 5353 Wayzata Blvd Ste 410 Minneapolis MN 55416 990 2012-07-01 411962390 Aurora Charter School AURO 6128703891 2520 Minnehaha Avenue Minneapolis MN 55404 Matthew Cisewski 6128703891 2014-05-01 1 Thomas A Karnowski P00148364 9525450424 2014-05-01 2012 2015-11-30 17:44:51Z X Matthew Cisewski 2520 Minnehaha Avenue Minneapolis MN 55404 3880362 0 X www.auroracharterschool.com X 2000 MN Operate a center of learning that teaches Latino culture. 6 3 61 7 0 0 396009 287491 3740551 3583718 4910 9153 0 0 4141470 3880362 0 0 0 0 1979370 2128884 0 0 1780 2146969 1654406 4126339 3783290 15131 97072 1574402 1568846 273674 171046 1300728 1397800 The mission of Aurora Charter School is to operate a center of learning that embraces academic excellence and celebrates the gift of Latino culture. 0 0 3347350 3583718 Education of students. Aurora Charter School is a tuition free, public charter school. During the fiscal year ended June 30, 2013, the School served an estimated 306 students. 3347350 1 0 0 0 0 0 0 0 0 1 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 0 1 0 0 0 0 0 0 0 0 0 0 1 11 0 1 61 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X CMERDC 3202571924 570 First Street SE St Cloud MN 55304 Robert Harvey 10.00 X X 0 0 0 C Veronica Narciso 40.00 X X 54297 0 7554 Matthew Cisewski 40.00 X X 48379 0 10153 Bianca Boomer 40.00 X 43043 0 6548 Eva De Sanchez R 2.00 X 0 0 0 Eric Cameron 2.00 X 0 0 0 Cheryl Avina 40.00 X 95670 0 13755 241389 0 38010 0 0 0 0 Minnehaha Transportation 3140 Irving Avenue South Minneapolis MN 55408 Transportation 291981 CKC 1185 Concord St N St Paul MN 55075 Food Service Contract 230361 2 285167 2324 287491 Federal and State Sour 611710 3563584 3563584 Other Educational Purp 611710 20134 20134 3583718 953 953 8200 0 8200 8200 8200 3880362 3583718 0 9153 236003 139702 96301 1467428 1391426 76002 116555 104063 12492 181476 131776 49700 127422 114291 13131 56203 56203 37152 37152 347822 330395 15647 1780 167396 132213 35183 182040 178455 3585 449116 433337 15779 358 358 22183 1287 20896 67722 65633 2089 17583 17583 Transportation 296701 296701 Food 10130 10130 3783290 3347350 434160 1780 142132 4103 476959 1177617 476831 103096 146236 1603612 1276924 289586 326688 1574402 1568846 173594 171046 80 0 100000 0 273674 171046 X 1011142 621112 289586 326688 0 450000 1300728 1397800 1574402 1568846 97072 0 X X 0 1 X 1 0 X 450000 450000 1.00000 0 0 1309261 1153626 155635 294351 123298 171053 326688 X 3880362 0 3880362 0 3880362 3783290 0 3783290 0 3783290 Description of Intended Use of Endowment Funds: Part V, Line 4: Board designated to be held in a CD by a trustee in the School's name. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The School is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). Both are subject to tax on income from any unrelated business. On July 1, 2009, the School adopted the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (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 School has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The School believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse affect on their respective financial condition, results of operation or cash flows. Accordingly, the School has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2013. 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 Nondiscrimination policy is included in registration material Explanation of Government Financial Assistance Schedule E, Part I, Line 6 The School receives State and Federal Aid payments and grants to finance educational services for their students. Oscar Avina Spouse of Director 66511 Employed by School 0 Alejandro Avina Husband of Board Chair & Son of Director 40461 Employed by School 0 Form 990, Part VI, Section B, line 11 The Form 990 is prepared by an independent accounting firm. Once the Form is completed, it is given to the Executive Director for review before it is signed and filed. The entire board does not review the 990 prior to be filed. Form 990, Part VI, Section B, line 12c Board members sign a conflict of interest statement annually. The Board also reviews the conflict of interest policy annually and makes changes as necessary. Form 990, Part VI, Section B, line 15 The School Board does an annual evaluation of the Executive Director and determines the compensation. The Executive Director evaluates employees and makes recommendations to the School Board. The Board bases its compensation on the knowledge of the budget. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Independent Auditor FORM 990, PART XII, LINE 2C The School 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. INDEPENDENT DIRECTORS 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. 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. AUTHORIZER The School is required to have an Authorizer to monitor its operations in order to maintain its charter. The School's approved Authorizer during the fiscal year 2013 was the Audubon Center of the Northwoods.