2014-05-14T16:55:17-05:00 2013-06-30 411690382 Malloy Montague Karnowski Radosevich 5353 Wayzata Blvd Ste 410 Minneapolis MN 55416 990 2012-07-01 201699663 1 House 2 Hands Inc 1HOU 6512243995 1471 Brewster Street St Paul MN 551082612 KELLEY COLE 6512243995 2014-05-13 1 Thomas A Karnowski P00148364 9525450424 2014-05-09 2012 2015-11-30 17:44:51Z Kelley Cole 1471 Brewster Street St Paul MN 551082612 525925 0 X N/A X 2004 MN Manage a building for lease to its beneficiary organization Metro Deaf School. 4 2 0 0 0 0 0 0 525300 525300 0 62 0 563 525300 525925 0 0 0 0 0 0 0 0 0 385208 387124 385208 387124 140092 138801 4196218 4165312 4028043 3858336 168175 306976 To purchase and manage a building for lease to its beneficiary organization Metro Deaf School, a Minnesota charter school. 0 0 368756 525863 To purchase and manage a building for lease to its beneficiary organization Metro Deaf School, a Minnesota charter school that served an estimated 71 students in fiscal year ending June 30, 2013. 368756 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MN X School Business Solutions 6519176259 1821 University Ave West Suite S256 St Paul MN 55104 Kelley Cole 1.00 X X 0 58946 0 Michael Schwartz 1.00 X X 0 0 0 Heath Aubin 1.00 X X 0 0 0 Kelly Anderson 1.00 X 0 77805 0 0 136751 0 0 0 0 0 0 Rent Revenue 611710 525300 525300 525300 62 62 Miscellaneous Income 611710 563 563 563 525925 525863 0 62 7068 7068 18010 6710 11300 505 505 171387 171387 190154 190154 387124 368756 18368 0 310710 200012 251150 4722208 1008058 3885508 3714150 4196218 4165312 26091 29848 43775 43775 3955760 3783413 2417 1300 4028043 3858336 X 238427 376239 -70252 -69263 0 0 168175 306976 4196218 4165312 138801 0 X X 0 1 X 1 0 X X X X 0 0 0 Metro Deaf School 411730003 170(B)(1)(A)(II) 1 1 1 0 1 0 4722208 1008058 3714150 3714150 Due to Metro Deaf School 1300 1300 X 4645670 4645045 4645045 625 525300 525300 525925 4583790 4721966 4721966 -138176 525300 525300 387124 Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The Building Company is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3), and is subject to tax on income from any unrelated business. On July 1, 2009, the Building Company 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 Building Company has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Building Company 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 Building Company has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2013. Part XI, Line 2d - Other Adjustments: Revenue reported by Metro Deaf School 4,645,045. Part XI, Line 4b - Other Adjustments: Rent received from Metro Deaf School 525,300. Part XII, Line 2d - Other Adjustments: Expenses reported by Metro Deaf School 4,721,966. Part XII, Line 4b - Other Adjustments: Rent paid by Metro Deaf School 525,300. 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 governing board for review before it is signed and 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 C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. SELECTION OF AN AUDITOR 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. INDEPENDENT BOARD MEMBERS FORM 990, PART VII, LINE 1A: Kelley Cole and Kelly Anderson also work as teachers for a related organization, Metro Deaf School, an average of 40 hours per week. RELATED ORGANIZATION COMPENSATION Made an effort to obtain information on compensation, if any, was paid from a related organization. No other responses received and no transactions noted beyond Kelley Cole and Kelly Anderson. Metro Deaf School 1471 Brewster Street St Paul MN 55108 411730003 Education services MN 501(c)3 170(b)(1)(A)(ii) N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 Metro Deaf School J 525300 Lease Agreement