2026-04-28T17:45:37-05:00 2025-06-30 471019942 CREATIVE PLANNING TAX LLC 100 EAST PARK AVE WATERLOO IA 50703 990 2024-07-01 421625836 NEW MILLENNIUM ACADEMY NEWM 7632357900 5105 BROOKLYN BLVD BROOKLYN CENTER MN 55429 THOMAS THAO EXECUTIVE DIRECTOR 7632357900 2026-04-27 1 1 MICHELLE HEKEL CPA P01440878 3192346885 2026-04-27 2024 2025-03-06 01:10:19Z THOMAS THAO 5105 BROOKLYN BLVD BROOKLYN CENTER MN 55429 15649995 0 X WWW.NEWMILLENIUMACADEMY.ORG X 2004 MN DEVELOPING GLOBAL LEADERS WHO TRANSFORM THE WORLD. 6 4 165 50 0 0 15148567 15052524 15126 26234 76692 175323 218843 382665 15459228 15636746 0 0 0 0 8169009 7869295 0 0 0 5926256 6267240 14095265 14136535 1363963 1500211 10526740 11131700 9272045 8308398 1254695 2823302 THE NEW MILLENNIUM ACADEMY (NMA) COMMUNITY PREPARES LEARNERS FOR LIFE, ENGAGES THEM IN HIGH ACADEMIC ACHIEVEMENT, AND FOSTERS HMONG CULTURAL PRIDE AND IDENTITY. 0 0 12678251 406409 NEW MILLENNIUM ACADEMY (NMA) PROVIDED PUBLIC SCHOOL ACADEMIC SERVICES TO AN AVERAGE OF 849 STUDENTS IN GRADES K-8 DURING THE 2024-2025 SCHOOL YEAR. 74% OF THESE STUDENTS CAME FROM LOW INCOME FAMILIES (QUALIFIED FOR FREE/REDUCED LUNCH). IN ADDITION, MANY QUALIFIED FOR EL SERVICES. THESE FACTORS GENERATE EXTRA FUNDING FROM THE STATE BUT ALSO GENERATE VARIOUS CHALLENGES. 12678251 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 23 0 1 165 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X CREATIVE PLANNING 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 BLOOMINGTON MN 554314420 X LAURA LEE MCGOVERN CHAIR 2.00 0.00 X X 0 0 0 SABRINA EDWARDS VICE CHAIR 1.00 0.00 X X 0 0 0 MARK CAMPBELL TREASURER/TEACHER 41.00 0.00 X X 60730 0 29078 CHEE XIONG MEMBER/TEACHER 41.00 0.00 X 57093 0 13130 PA YANG MEMBER 1.00 0.00 X 0 0 0 MAY LEE MEMBER 1.00 0.00 X 0 0 0 THOMAS THAO EXECUTIVE DIRECTOR 40.00 0.00 X 171007 0 22648 CHRISTINE REED VICE PRESIDENT OF OPERATIONS 40.00 1.00 X 109435 0 20280 KAREN KERR DIRECTOR OF SPECIAL EDUCATION 40.00 0.00 X 113472 0 17925 511737 0 103061 3 0 1 0 CKC GOOD FOOD PO BOX 583598 MINNEAPOLIS MN 55458 FOOD SERVICE 837484 NORTHSTAR BUS LINES 11800 95TH AVE N MAPLE GROVE MN 55369 TRANSPORTATION 733385 MOTHER AND SON LLC 2574 HAZELWOOD ST N MAPLEWOOD MN 55109 TRANSPORTATION 247630 MN PRIORITY SERVICES 5701 SHINGLE CREEK PARKWAY SUITE 35 MINNEAPOLIS MN 55430 TRANSPORTATION 168305 ROCHON CORPORATION 28 2ND ST NW STE 200 OSSEO MN 55369 CONSTRUCTION SERVICES 154839 10 15047734 4790 15052524 MEDICAL ASSISTANCE 611710 18289 18289 FEES FROM PATRONS 611710 7945 7945 26234 174649 174649 674 0 674 674 674 15739 13249 2490 2490 INSURANCE RECOVERY 900099 366375 366375 MISCELLANEOUS 900099 13800 13800 380175 15636746 406409 0 177813 X 353330 157524 195806 5883193 5335388 547805 486431 443962 42469 685785 561428 124357 460556 407341 53215 22199 22199 160535 160535 2956927 2828542 128385 404217 310911 93306 266708 222770 43938 1433325 1433325 49093 49083 10 267175 260636 6539 121414 121414 EQUIP PURCHASES 243803 243803 EQUIP RENTAL & MAINT 151477 151477 INSTRUCTIONAL SUPPLIES 136656 136656 DUES & MEMBERSHIPS 41454 1734 39720 12257 12257 14136535 12678251 1458284 0 X 3037957 4506574 1539961 1542552 1886680 1761828 87472 182697 2198873 1060493 947670 1138380 3027000 1999669 10526740 11131700 710395 911021 19437 38258 32133 8503955 7365244 9272045 8308398 X 0 0 0 0 1254695 2823302 1254695 2823302 10526740 11131700 X 1500211 68396 X 0 1 X 1 1 1 X 519600 104982 414618 1679273 955511 723762 1138380 DUE FROM NEW MILLENNIUM BUILDING COMPANY 16245 DEFERRED OUTFLOWS - PENSION 1797010 RIGHT OF USE ASSETS 186414 1999669 NET PENSION LIABILITY 4801174 DEFERRED INFLOWS - PENSION 2370386 RIGHT OF USE LIABILITIES 193684 7365244 X 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 PROVISION OF THE ACADEMY, ALL INCOME AND EXPENSES ATTRIBUTABLE TO THE MISSION OF THE ACADEMY ARE TAX EXEMPT AND ACCORDINGLY NO PROVISION 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 AND 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 SCHOOL'S NONDISCRIMINATORY POLICY IS CONTAINED IN THE SCHOOL'S REGISTRATION AND PROMOTIONAL MATERIALS. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE ACADEMY RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. X X 0 0 0 0 0 0 0 0 0 THOMAS THAO EXECUTIVE DIRECTOR 171007 0 0 0 0 0 13076 0 9572 0 193655 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A TO THE EXTENT REQUIRED BY APPLICABLE LAW, STAFF MEMBERS WHO ARE EMPLOYED BY THE CORPORATION AT THE TIME OF THE ELECTION, INCLUDING TEACHERS, EXISTING DIRECTORS OF THE CORPORATION, AND PARENTS/LEGAL GUARDIANS OF STUDENTS ENROLLED AT THE SCHOOL AT THE TIME OF THE ELECTION, MAY PARTICIPATE IN THE ANNUAL ELECTION OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A FORM 990, PUBLIC DISCLOSURE COPY IS EMAILED TO EACH BOARD MEMBER FOR REVIEW AND FEEDBACK PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE AND SUBMIT CONFLICT OF INTEREST DISCLOSURES ANNUALLY. BOARD MEMBERS ARE REMINDED PERIODICALLY OF CONFLICT OF INTEREST OBLIGATIONS, INCLUDING THE REQUIREMENT TO RECUSE FROM DISCUSSION AND VOTE ON ANY ITEM THAT WOULD FALL INTO THE CONFLICT OF INTEREST CATEGORY. CONFLICT OF INTEREST DETERMINATIONS ARE MADE BY THE EXECUTIVE DIRECTOR AND SCHOOL AUTHORIZER. IF THERE WOULD BE SCHOOL BOARD DELIBERATIONS/DECISIONS INVOLVING A PERSON WITH A CONFLICT OF INTEREST, THEY WOULD DOCUMENT THE CONFLICT, AND EXCUSE THEMSELVES FROM DISCUSSION AND VOTING ON THESE MATTERS. ALL PROCEEDINGS RELATED TO THE CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 A MARKET ANALYSIS ON A THREE-YEAR CYCLE IS USED TO DETERMINE THE COMPENSATION FOR THE ADMINISTRATORS, AND ALL OTHER EMPLOYEES OF THE SCHOOL AS PART OF THE ANNUAL BUDGETING PROCESS CONDUCTED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST. 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. MARK CAMPBELL AND CHEE XIONG ARE BOARD MEMBERS BUT RECEIVED COMPENSATION FOR THEIR SERVICES AS TEACHERS. FORM 990, PART IX, LINE 11G STUDENT TRANSPORTATION: PROGRAM SERVICE EXPENSES 1,204,994. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,204,994. FOOD SERVICE: PROGRAM SERVICE EXPENSES 821,671. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 821,671. MISC CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 801,517. MANAGEMENT AND GENERAL EXPENSES 128,385. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 929,902. NMA TRANSPORTATION CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 360. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 360. 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 PENSION ADJUSTMENT 68,396. NMA TRANSPORTATION LLC 5105 BROOKLYN BLVD BROOKLYN CENTER MN 55429 TRANSPORTATION SERVICES MN 71 6310 NEW MILLENNIUM ACADEMY NEW MILLENNIUM BUILDING COMPANY 5105 BROOKLYN BLVD BROOKLYN CENTER MN 55429 815179098 RENT SCHOOLHOUSE MN 501(C)(3) LINE 12A, I NEW MILLENNIUM ACADEMY 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 NEW MILLENNIUM BUILDING COMPANY K 1265375 LEASE AGREEMENT NEW MILLENNIUM BUILDING COMPANY D 16245 CASH BALANCE