2014-05-13T10:03:17-05:00 2013-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2012-07-01 753155906 LOVEWORKS ACADEMY FOR VISUAL AND PERFORMING ARTS LOVE 7635226830 2225 ZENITH AVE N GOLDEN VALLEY MN 55422 DAYA HARDING 7635226830 2014-05-05 1 XIAOYAN LUO P01305207 6123764500 2012 2015-11-30 17:44:51Z TRELINSHEILA APRIL HARR 2225 ZENITH AVE N GOLDEN VALLEY MN 55422 2444237 0 X WWW.LOVEWORKSACADEMY.ORG X 2005 MN TO EDUCATE AND DEVELOP THE WHOLE CHILD MENTALLY, INTELLECTUALLY, PHYSICALLY AND ARTISTICALLY. 7 2 40 20 0 0 2420616 2413214 12881 15961 0 0 7914 15062 2441411 2444237 0 0 0 0 1212282 1293572 0 0 0 1353189 1181722 2565471 2475294 -124060 -31057 885852 411006 906101 462312 -20249 -51306 TO PROMOTE AND CLEARLY DEFINE HIGH EXPECTATIONS OF ALL LEARNERS, WHILE CONTINUOUSLY EVALUATING AND IMPROVING THE CURRICULUM AND TEACHING METHODS, IN ORDER TO HELP STUDENTS MEET AND EXCEED ACADEMIC GOALS. 0 0 2028028 0 15961 LOVEWORKS ACADEMY PROVIDES K-8 EDUCATION, EMPHASIZING A NURTURING ENVIRONMENT WITH A MULTIDISCIPLINARY APPROACH TO ACADEMICS. THE LIBERAL ARTS CURRICULA AND TEACHING METHODS ARE EVALUATED AND CONTINUOUSLY IMPROVED, HIGH EXPECTATIONS ARE CLEARLY DEFINED AND INTELLECTUAL RIGOR IS UTILIZED TO ADDRESS THE LEARNING NEEDS OF ALL LEARNERS. AVERAGE DAILY ENROLLMENT FOR THE YEAR ENDED JUNE 30, 2013 WAS 224. 2028028 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 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 0 0 0 0 1 4 0 40 1 0 0 0 0 0 0 0 0 0 0 X 7 2 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X SCHOOL BUSINESS SOLUTIONS 6519176259 1821 UNIVERSITY AVENUE WEST SUITE ST PAUL MN 55104 DAYA HARDING 40.00 X X 26692 0 3581 JULIET NORDIN MACHLER 40.00 X X 29946 0 1946 KIMBERLY DAVIS 1.00 X X 0 0 0 PAM MOORE 1.00 X 0 0 0 KIM MOULZOLF 40.00 X 29921 0 0 GERALD SHEPARD 1.00 X 0 0 0 CARRIE JOHNSON 1.00 X 0 0 0 STACY JONES 1.00 X 0 0 0 TRELINSHEILA APRIL HARRISON 40.00 X 54400 0 3437 LASONYA JOHNSON 40.00 X 34744 0 2876 175703 0 11840 0 0 0 0 METRO TRANSIT 8260 HICKORY ST NE FRIDLEY MN 55432 STUDENT BUSING 330285 BLUE BELL 1415 MENDOTA HEIGHTS ROAD MENDOTA HEIGHTS MN 55120 FOOD SERVICE 102771 2 2408214 5000 2413214 FEES FROM PATRONS 611710 9620 9620 FOOD SERVICE REVENUE 611710 3858 3858 TUITION 611710 2483 2483 15961 JUDGEMENT REVENUE 900099 10353 10353 MISCELLANEOUS REVENUE 900099 4709 4709 15062 2444237 12103 0 18920 123001 62156 60845 5579 5579 936378 776465 159913 58607 50426 8181 87096 37775 49321 82911 59310 23601 53398 53398 180763 125114 55649 220222 207232 12990 344141 344141 328943 328943 9517 8952 565 16041 10226 5815 7972 7972 DUES, MEMBERSHIPS, LIC 16988 16988 CAPITAL OUTLAY 3737 3737 2475294 2028028 447266 0 801139 345515 7346 4165 237636 176310 77367 61326 885852 411006 291101 227873 615000 234439 906101 462312 X -97616 -112632 77367 61326 0 0 -20249 -51306 885852 411006 -31057 0 X X 0 1 X 1 0 X 237636 176310 61326 61326 2433884 0 2433884 10353 10353 2444237 2459253 0 2459253 16041 16041 2475294 PART XI, LINE 4B - OTHER ADJUSTMENTS: JUDGEMENT REVENUE 10,353. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 16,041. 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 POLICY IS COMMUNICATED IN THE HANDBOOK AND ENROLLMENT BROCHURE AS WELL AS BROADCAST MEDIA. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL HAS TWO CLASSES OF MEMBERSHIP: PARENT(S)/LEGAL GUARDIAN(S) OF ENROLLED STUDENTS AND EMPLOYEE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE SCHOOL'S MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE BOARD OF DIRECTORS/SCHOOL MANAGEMENT WILL REVIEW THE FORM 990 PRIOR TO FILING WITH THE IRS WITHIN 72 HOURS AFTER RECEIPT. COPIES WILL BE MADE AND PRESENTED VIA EMAIL OR IN PERSON TO ALL MEMBERS OF THE BOARD AND TO MANAGEMENT. ANY CHANGES TO BE MADE OR ADDRESSED IN THE FISCAL RESPONSIBILITIES OF THE SCHOOL WILL BE PROPOSED BY THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS, AND EMPLOYEES WITH THE POWER TO INFLUENCE ACTIONS UNDERTAKEN. ALL COVERED INDIVIDUALS ARE REQUIRED TO SUBMIT AN ANNUAL DISCLOSURE FORM. ONGOING DISCLOSURES OF POTENTIAL CONFLICTS SHALL BE REPORTED TO THE CEO OR THE BOARD CHAIR, WHO WILL BRING THE MATTER TO THE ATTENTION OF THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF TO DETERMINE IF A CONFLICT EXISTS. TRANSACTIONS WITH CONFLICTS OF INTEREST MAY BE UNDERTAKEN IF THE CONFLICT IS FULLY DISCLOSED, THE CONFLICTED INDIVIDUAL IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF THE TRANSACTION, A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS, AND THE BOARD/COMMITTEE HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE SCHOOL. ALL PROCEEDINGS RELATING TO CONFLICTS OF INTEREST WILL BE RECORDED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL DETERMINES THE SCHOOL OFFICERS' COMPENSATION BASED ON MARKET RESEARCH. THE BOARD OF DIRECTORS REVIEWS AND APPROVES MANAGEMENT COMPENSATION, INCLUDING INCREASED PROPOSALS. COMPARABILITY DATA AND SURVEYS OF OTHER ORGANIZATIONS HAVE BEEN USED IN THE PAST. ANOTHER OPTION THE BOARD WOULD USE IS A REVIEW OF FORM 990'S FROM OTHER SIMILAR SIZED ORGANIZATIONS. THE PROCESS AND DECISION ARE CONDUCTED AND SUBSTANTIATED WITH MEETING MINUTES, WRITTEN EMPLOYMENT CONTRACTS AND A WRITTEN POLICY. THIS PROCESS HAS LAST TAKEN PLACE IN 2013 FOR THE CURRENT MANAGEMENT TEAM, TRELINSHEILA APRIL HARRISON AND LASONYA JOHNSON, SCHOOL DIRECTOR AND OFFICE MANAGER, RESPECTIVELY. 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. EXPLANATION FOR OTHER METHOD OF ACCOUNTING 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.