2026-03-05T02:01:40-06:00 2025-06-30 411656121 SCHLENNER WENNER & CO CPA'S PA 630 ROOSEVELT RD STE 201 ST CLOUD MN 56301 990 2024-07-01 474006097 FIT ACADEMY FITA 9528473798 7200 147TH STREET W APPLE VALLEY MN 55124 CLAUD ALLAIRE EXECUTIVE DIRECTOR 9528473798 2026-02-23 1 1 SHELLEY M GAETZ P00066049 3202510286 2026-02-23 2024 2025-03-06 01:10:19Z CLAUD ALLAIRE 7200 147TH STREET W APPLE VALLEY MN 55124 6864352 0 X WWW.FITACADEMYMN.ORG X 2014 MN THE PURPOSE OF FIT ACADEMY IS TO PREPARE THE WHOLE STUDENT FOR LIFE. WE BELIEVE OUR SCHOOL EMPOWERS STUDENTS TO LIVE FULFILLING, RESPONSIBLE, AND SUCCESSFUL LIVES BY PURPOSEFULLY INTEGRATING MENTAL, PHYSICAL, AND EMOTIONAL DEVELOPMENT. OUR FIT ACRONYM REPRESENTS THESE AS FITNESS, INTELLECT, AND TEAMWORK. THESE THREE AREAS MAKE UP THE FIT ACRONYM AND THIS PURPOSEFUL INTEGRATION RESULTS IN AN IMPACT ON STUDENT DEVELOPMENT THAT IS FAR GREATER THAN THE SUM OF EACH INDIVIDUAL DEVELOPMENTAL AREA. 8 5 86 23 0 0 5581848 6269868 57916 575316 4866 17248 -4651 -1218 5639979 6861214 0 0 0 0 4157470 4043592 0 0 0 2106099 2390932 6263569 6434524 -623590 426690 8668515 8967209 9748105 9639767 -1079590 -672558 FIT ACADEMY BELIEVES STUDENTS MUST HAVE A HEALTHY FOUNDATION TO ACHIEVE ACADEMIC EXCELLENCE. OUR MISSION IS TO PROVIDE A RIGOROUS ACADEMIC EXPERIENCE BY OFFERING A BALANCED APPROACH TO THE MENTAL, PHYSICAL, AND EMOTIONAL DEVELOPMENT OF OUR STUDENTS. 0 0 4420670 575316 AS THE SCHOOL'S ENROLLMENT CONTINUES TO GROW, SO DOES ITS PROGRAMS REQUIRED TO SERVE THOSE STUDENTS. THIS HAS RESULTED IN AN INCREASE IN THE NUMBER OF STUDENTS TO AN ENROLLMENT OF 420 IN GRADES K-12. 4420670 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 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 0 0 0 1 15 0 1 86 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 5 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 1 0 0 MN X FIT ACADEMY 9528473798 7200 147TH STREET W APPLE VALLEY MN 55124 ANGIE HALAMA MEMBER 40.00 X 74695 0 11548 SHANNON BAKER MEMBER (FORMER) 40.00 X 88560 0 8200 BILL SCHNEIDER CHAIR 5.00 X X 0 0 0 ANTHONY BUHR TREASURER 2.00 X X 0 0 0 MEGAN THIELFOLDT VICE-CHAIR 2.00 X X 0 0 0 ERIC KALENZE MEMBER 40.00 X 87874 0 11376 CHRISI DAUM MEMBER 2.00 X 0 0 0 RICH PENIX MEMBER 2.00 X 0 0 0 CLAUD ALLAIRE EXECUTIVE DIRECTOR 40.00 X 128259 0 12466 MOLLY HUNHOLZ SPED DIRECTOR 40.00 X 110624 0 10338 490012 0 53928 2 0 0 0 CKC GOOD FOOD 2919 W SERVICE RD EAGAN MN 55121 FOOD SERVICE 312279 WFCS HOLDINGS LLC 2801 HENNEPIN AVE PO BOX 285 MINNEAPOLIS MN 55408 LEASING 113724 2 6244121 25747 6269868 OTHER PROGRAM REVENUE 611710 507845 507845 CHARGES FOR SERVICES 611710 67471 67471 575316 17248 17248 1920 3138 -1218 -1218 6861214 575316 0 16030 559225 559225 2684544 2199289 485255 361581 318432 43149 207217 187970 19247 231025 208358 22667 32384 32384 104505 104505 378266 281653 96613 14969 14969 32465 32465 64674 40014 24660 516180 674 515506 121461 121461 6489 6489 442600 50052 392548 22133 22133 FOOD/MILK 319497 318616 881 REPAIRS AND MAINTENANCE 121891 121891 INSTRUCTIONAL SUPPLIES 58312 57872 440 NON-INSTRUCTIONAL SUPPL 52844 18757 34087 102262 58297 43965 6434524 4420670 2013854 0 214032 725359 254092 511747 744273 813603 20121 21653 7747785 1731612 6339847 6016173 1096150 878674 8668515 8967209 365535 507650 6238421 6134029 3144149 2998088 9748105 9639767 X -1181016 -554702 101426 -117856 0 0 -1079590 -672558 8668515 8967209 X 426690 -19658 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 396216 53204 343012 571975 295236 276739 6779594 1383172 5396422 6016173 DEFERRED OUTFLOWS - PENSIONS 878674 878674 DEFERRED INFLOWS - PENSIONS 764388 NET PENSION LIABILITY 2233700 2998088 X 6861214 0 6861214 0 6861214 6434524 0 6434524 0 6434524 PART X, LINE 2: THE ACADEMY IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT ORGANIZATION UNDER IRS CODE SECTION 501(C)(3). DUE TO THE NOT-FOR-PROFIT NATURE AND PROVISIONS OF THE ACADEMY, ALL INCOME AND EXPENSES ATTRIBUTABLE TO THE MISSION OF THE ACADEMY ARE TAX EXEMPT AND ACCORDINGLY NO PROVISIONS OR LIABILITY FOR INCOME TAXES HAVE BEEN MADE IN THE FINANCIAL STATEMENTS AND CONTRIBUTIONS TO THE ACADEMY ARE TAX DEDUCTIBLE TO DONORS AS ALLOWED BY IRS REGULATIONS. HOWEVER, THE ACADEMY IS REQUIRED TO PAY STATE AND FEDERAL INCOME TAXES ON UNRELATED BUSINESS INCOME. IF THE ACADEMY WERE TO ENGAGE IN ANY ACTIVITIES THAT RESULTED IN UNRELATED BUSINESS INCOME, A TAX WOULD BE ASSESSED ON THAT ACTIVITY. THE ACADEMY IS OPEN SUBJECT TO EXAMINATION GENERALLY FOR THREE YEARS AFTER THE FILING DATE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS AVAILABLE ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE ACADEMY RECEIVES STATE AND FEDERAL FUNDING PASSED THROUGH THE MINNESOTA DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION A, LINE 6 CURRENT BOARD MEMBERS, STAFF MEMBERS EMPLOYED AT THE SCHOOL, AND ALL PARENTS OR LEGAL GUARDIANS OF CHILDREN ENROLLED IN THE SCHOOL ARE THE VOTERS ELIGIBLE TO ELECT MEMBERS OF THE ACADEMY'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR AND CFO. AFTER REVISIONS, A COPY WILL BE PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ANNUALY COMPLETE A CONFLICT OF INTEREST STATEMENT, AND CONFLICTS, IF ANY, ARE DISCLOSED BY MEMBERS AT THE BEGINNING OF EACH MEETING OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A A BOARD COMMITTEE REVIEWS AND RECOMMENDS COMPENSATION EACH YEAR. 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. FORM 990, PART XI, LINE 9: RESTATED FY24 EQUITY DUE TO CHANGE IN ACCOUNTING PRINCIPLE IN FY25 -19,658.