2011-02-28T15:53:49-06:00 2010-06-30 Malloy Montague Karnowski Radosevich 5353 Wayzata Blvd Ste 410 Minneapolis MN 55416 990 2009-07-01 411890992 Cyber Village Academy CYBE 6515237170 768 Hamline Avenue South St Paul MN 55116 David Alley 6515237170 2011-02-16 1 William J Lauer 9525450424 2009 2016-02-24 21:20:13Z X Cyber Village Academy David Alley 768 Hamline Avenue South St Paul MN 55116 1224855 0 X cva.k12.mn.us X 1997 MN Provide an education for students in grades 3 to 8. 8 2 18 0 1066 0 208824 217931 954574 1005846 1 12 1066 1163399 1224855 0 0 538704 599793 0 0 551650 576219 1090354 1176012 73045 48843 131990 423260 84184 326611 47806 96649 The overall purpose of this Charter School is to provide an educational program for its students in order to improve pupil learning, increase learning opportunities, and encourage the use of innovative teaching models. 0 0 980440 1005846 To provide an eduactional program and other educational services to its students in grates 3 to 8. 980440 1 0 0 0 0 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 0 1 0 0 0 0 0 0 0 0 0 1 3 0 18 1 0 0 0 0 0 0 0 0 0 8 2 0 1 1 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 1 0 MN X Pam Young 6516450200 2233 University Ave W Suite 450 St Paul MN 551141634 Vaughn Francis 1.00 X X 0 0 0 Cheryl Neima 40.00 X 54935 0 13043 Lauren Odle 40.00 X X 42480 0 10378 Jennifer Naglak 24.00 X X 24480 0 1443 Rob Rand 40.00 X X 49550 0 5905 Robyn Mesenbring 40.00 X 48300 0 6950 Barb Filiatraut 1.00 X 0 0 0 Chris Orr 40.00 X 36100 0 5481 David Alley 40.00 X 0 0 0 255845 0 43200 0 0 0 0 Designs for Learning 2233 University Ave W St Paul MN 55114 Accounting, payroll, audit preparation, 217404 1 199761 18170 217931 Federal and State Aid 611710 945468 945468 Other Educational Serv 611710 60378 60378 1005846 12 12 1066 1066 1066 1224855 1005846 1066 12 251340 242844 8496 233289 210430 22859 27145 25203 1942 51350 47324 4026 36669 34270 2399 99855 99855 47535 30347 17188 91314 75686 15628 29370 25898 3472 270194 264219 5975 857 857 8739 7780 959 3612 3612 13153 10524 2629 1258 548 710 5822 5822 Food 4358 4358 Field Trips 152 152 1176012 980440 195572 0 51169 101329 59727 280236 17431 39290 71636 69231 3663 2405 131990 423260 82984 106611 1200 20000 200000 84184 326611 X 44143 94244 3663 2405 0 0 47806 96649 131990 423260 X 0 1 1 X 0 X 71636 69231 2405 2405 1224855 1176012 48843 0 48843 1224855 0 1224855 0 1224855 1176012 0 1176012 0 1176012 Part X: Description of Uncertain Tax Positions Under FIN 48: The Academy 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 Academy 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 Academy have analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Academy Company believe 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 Academy have not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2010. 1 1 1 Cyber Village Academy does not advertise or market itself. The Academy's admissions policies, including nondiscrimination policy are published on the school's website and as such are readily available to the public. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The School receives aids through the State of Minnesota for the purpose of providing educational services to its students. 1 David Alley Owner/President of Designs for Learning and Director for Academy 217404 Cyber Village Academy has contracted with Designs for Learning for accounting, payroll, audit, special education and director services. 0 Form 990, Part VI, Section A, line 3 The school director's duties are normally an internal function of a charter school. Cyber Village outsources these duties to Designs for Learning. Form 990, Part VI, Section A, line 4 The bylaws of the Academy were changed in 2010 to ensure compliance with changes in MN statutes. 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. Form 990, Part VI, Section B, line 12c The Board receives training and information from MDE, Designs for Learning and MACS 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. In the past several years, because of the school's financial situation, salaries have remained flat. In the future, compensation issues might be addressed by engaging the services of an HR consultant, forming a compensation (or salary review) committee made up of a majority of non-teacher board members and/or community members. 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 XI, 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.