2026-05-14T11:39:38-05:00 2025-06-30 471019942 CREATIVE PLANNING TAX LLC 220 PARK AVE S ST CLOUD MN 56301 990 2024-07-01 261305369 ASPEN ACADEMY ASPE 9522265940 14825 ZINRAN AVENUE SAVAGE MN 55378 ERIC SANDBERG PRINCIPAL 9522265940 2026-05-13 1 1 MARIE A PRIMUS CPA P01272184 3202517010 2026-05-13 2024 2025-03-06 01:10:19Z ERIC SANDBERG 14825 ZINRAN AVENUE SAVAGE MN 55378 9394082 0 X WWW.ASPENACADEMYMN.ORG X 2007 MN TO PROVIDE STUDENTS WITH A WELL-ROUNDED AND CORE KNOWLEDGE-BASED EDUCATION. 7 5 117 327 0 0 8204635 9114373 261949 234971 0 57 14796 44681 8481380 9394082 0 0 0 0 4966269 5367511 0 0 0 3353477 3879518 8319746 9247029 161634 147053 4114520 4567536 5103120 5323552 -988600 -756016 TO PROVIDE STUDENTS WITH A WELL-ROUNDED AND CORE KNOWLEDGE-BASED EDUCATION. 0 0 8259550 279652 ASPEN ACADEMY OFFERS SMALL CLASS SIZES THAT PROVIDE A SENSE OF COMMUNITY. ASPEN ACADEMY PROVIDES A LITERATURE-RICH, CORE KNOWLEDGE CURRICULUM THAT INCLUDES SINGAPORE MATH. ASPEN ACADEMY HAS ELEMENTARY SPANISH, ART, MUSIC, AND PE PROGRAMS. AVERAGE DAILY ENROLLMENT FOR THE YEAR ENDED JUNE 30, 2025, WAS 642 STUDENTS SPREAD FROM KINDERGARTEN THROUGH EIGHTH GRADE. 8259550 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 1 1 0 0 1 25 0 1 117 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X ERIC SANDBERG 9522265940 14825 ZINRAN AVENUE SAVAGE MN 55378 X ANDREW PRICE CHAIR 1.00 0.00 X X 0 0 0 MICHAEL FAULISE VICE CHAIR 1.00 0.00 X X 0 0 0 ROBERT ALLISON TREASURER 1.00 0.00 X X 0 0 0 STEPHANIE SMITLEY SECRETARY/TEACHER 40.00 0.00 X X 30640 0 2681 KRISTIN CARLSON MEMBER/TEACHER 40.00 0.00 X 46401 0 4320 LILIYA TSIBULKO MEMBER 1.00 0.00 X 0 0 0 VICTORIA REGEHR MEMBER 1.00 1.00 X 0 0 0 MELANIE JISKRA EXECUTIVE DIRECTOR 40.00 1.00 X 134480 0 12120 211521 0 19121 1 0 0 0 CKC GOOD FOOD PO BOX 583598 MINNEAPOLIS MN 55458 FOOD SERVICE 472106 PRIOR LAKE SCHOOL BUS ASSOCIATION 5823 GRANITE COURT PRIOR LAKE MN 55372 TRANSPORTATION 134007 CLIFTONLARSONALLEN LLP PO BOX 776376 CHICAGO IL 60677 ACCOUNTING SERVICES 104286 3 9090630 23743 9114373 TUITION REVENUE 611710 120815 120815 FEES FROM PATRONS 611710 85575 85575 MEDICAL ASSISTANCE 611710 27781 27781 FOOD SALES TO PUPILS 611710 800 800 234971 57 57 MISCELLANEOUS REVENUE 611710 44681 44681 44681 9394082 279652 0 57 X 232669 86598 146071 4097035 3790311 306724 343409 318804 24605 353417 309209 44208 340981 278095 62886 9368 9368 116619 116619 1741269 1591017 150252 95577 69641 25936 165862 115105 50757 1460058 1460058 22139 17477 4662 85939 71291 14648 39360 39360 SUPPLIES 68337 68337 EQUIPMENT REPAIRS/MAINT 37274 37274 DUES AND SUBSCRIPTIONS 32074 2685 29389 EQUIPMENT PURCHASES 5642 4288 1354 9247029 8259550 987479 0 X 238941 242383 1224570 1296785 803485 1391754 22360 20664 1054407 636335 422830 418072 1402334 1197878 4114520 4567536 558346 933938 4544774 4389614 5103120 5323552 X 0 0 0 0 -988600 -756016 -988600 -756016 4114520 4567536 X 147053 85531 X 0 1 X 1 0 X 1054407 636335 418072 418072 DEFERRED OUTFLOWS OF RESOURCES RELATED TO PENSIONS 1093396 DUE FROM FRIENDS OF ASPEN ACADEMY 34916 LEASED ASSETS 69566 1197878 NET PENSION LIABILITY 4315550 CAPITAL LEASE PAYABLE 74064 4389614 X PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ACADEMY IS ALSO EXEMPT FROM MINNESOTA FRANCHISE OR INCOME TAX. THE ACADEMY IS REQUIRED TO ASSESS WHETHER AN UNCERTAIN TAX POSITION EXISTS AND IF THERE SHOULD BE RECOGNITION OF A RELATED BENEFIT OR LIABILITY IN THE FINANCIAL STATEMENTS. THE ACADEMY HAS DETERMINED THERE ARE NOT AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 INFORMATION PERTAINING TO THE SCHOOL'S NONDISCRIMINATORY POLICY IS AVAILABLE ON THE SCHOOL WEBSITE. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE ACADEMY RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. NOAH JISKRA SON OF MELANIE JISKRA, EXECUTIVE DIRECTOR 52237 EMPLOYMENT 0 FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE NOMINATED AND VOTED ON BY PARENTS, GUARDIANS AND EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE. A COPY IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS. THE DETERMINATION AS TO WHETHER A CONFLICT OF INTEREST EXISTS IS TO BE MADE BY THE SCHOOL BOARD. ANY SCHOOL BOARD MEMBER WHO HAS AN ACTUAL OR POTENTIAL CONFLICT SHALL NOTIFY THE SCHOOL BOARD OF SUCH CONFLICT IMMEDIATELY. THE SCHOOL BOARD MEMBER SHALL THEREAFTER COOPERATE WITH THE SCHOOL BOARD AS NECESSARY FOR THE SCHOOL BOARD TO MAKE ITS DETERMINATION. WHEN A CONFLICT OF INTEREST EXISTS WITH A BANK OR SAVINGS ASSOCIATION, THE CONFLICTED BOARD MEMBER MUST DISCLOSE THEIR INTEREST AND THE INTEREST MUST BE DOCUMENTED IN THE MINUTES. WHEN A CONFLICT OF INTEREST EXISTS RELATING TO A CONTRACT FOR WHICH COMPETITIVE BIDS ARE NOT REQUIRED BY LAW, THE SCHOOL BOARD MEMBER MUST FILE AN AFFIDAVIT CONTAINING THE MEMBER'S INTEREST AND THE CONTRACT TERMS WITH THE SCHOOL BOARD CLERK, AND THE SCHOOL BOARD MUST AUTHORIZE THE CONTRACT IN ADVANCE OF ITS PERFORMANCE DETERMINING THAT THE PRICE IS APPROPRIATE. THE SCHOOL BOARD MUST UNANIMOUSLY APPROVE INTERESTED CONTRACTS WHEN THEY RELATE TO BANKS/SAVINGS ASSOCIATIONS, THE DESIGNATION OF AN OFFICIAL NEWSPAPER, OR PUBLICATION OF OFFICIAL MATTERS, CONTRACTS WITH A COOPERATIVE ASSOCIATION OF WHICH THE MEMBER IS A SHAREHOLDER BUT NOT A MANAGER OR OFFICER, CONTRACTS FOR WHICH COMPETITIVE BIDS ARE NOT REQUIRED BY LAW, CONTRACTS TO RENT SPACE IN A PUBLIC FACILITY TO THE SCHOOL. THE SCHOOL BOARD MUST APPROVE INSTERESTED CONTRACTS BY A MAJORITY WHEN ALL MEMBERS ARE PRESENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE AND USES MARKET RATE ANALYSIS TO DETERMINE THE COMPENSATION. THE EXECUTIVE DIRECTOR USES THE STARTING PAY SCALE BASED ON NUMBER OF YEARS OF EXPERIENCE IN THE CLASSROOM TO DETERMINE THE SCHOOL TEACHERS' COMPENSATION. 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 FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A: PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE A LICENSED TEACHER AS A MEMBER OF THE BOARD OF DIRECTORS. STEPHANIE SMITLEY AND KRISTIN CARLSON ARE BOARD MEMBERS, BUT RECEIVED COMPENSATION FOR THEIR SERVICES AS TEACHERS. FORM 990, PART IX, LINE 11G FOOD SERVICE: PROGRAM SERVICE EXPENSES 491,507. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 491,507. STUDENT TRANSPORTATION: PROGRAM SERVICE EXPENSES 140,786. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140,786. OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 958,724. MANAGEMENT AND GENERAL EXPENSES 150,252. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,108,976. FORM 990, PART X, LINE 25: PENSION LIABILITIES, DEFERRED OUTFLOWS & INFLOWS PENSION: AS A CHARTER SCHOOL IN THE STATE OF MINNESOTA, PARTICIPATION IN TWO MULTIPLE-EMPLOYER, COST-SHARING DEFINED BENEFIT PENSION PLANS IS STATUTORILY REQUIRED. THE SCHOOL'S CONTRIBUTIONS TO THE PLANS ARE ALSO REGULATED BY STATUTE AND ARE BASED ON A PERCENTAGE OF SALARIES AND WAGES EARNED BY CURRENT EMPLOYEES. THEREFORE, WHILE THE NET PENSION LIABILITY, DEFERRED OUTFLOWS AND INFLOWS, ARE REPORTED ON THE SCHOOL'S STATEMENT OF NET POSITION, THE SCHOOL IS NOT IN A POSITION TO DIRECTLY CONTROL THE LIABILITIES OR THE SUBSEQUENT LIQUIDATION OF THE LIABILITIES. FORM 990, PART XI, LINE 9: GASB 68 - PENSION ADJUSTMENT 85,531. FRIENDS OF ASPEN ACADEMY 14825 ZINRAN AVENUE SAVAGE MN 55378 474706161 SCHOOL BUILDING MN 501(C)(3) LINE 12A, I ASPEN ACADEMY 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 FRIENDS OF ASPEN ACADEMY K 1343731 LEASE AGREEMENT