Civic Intelligence

Minnesota Excellence in Learning Academy

990 • Fiscal year 2023 • EIN 46-4017902

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 13, 2024

9060 Zanzibar Lane NMaple Grove, MN 55311

(763) 205-4396

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.72x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

1.39x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

80th percentile

$135,946

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

7th percentile

-20%

Faster asset growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-1.7%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,837,005

Down $696,525 (-20%) from 2022

Net Assets

Down

-$2,054,376

Down $427,913 (-26%) from 2022

Liabilities

Down

$4,891,381

Down $268,612 (-5.2%) from 2022

Revenue

Down

$3,509,140

Down $59,721 (-1.7%) from 2022

Expenses

Up

$4,090,120

Up $445,071 (+12%) from 2022

Net Income

Down

-$580,980

Down $504,792 (-663%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2016: $460,933Liabilities 2016: $626,476Net Assets 2016: -$165,5432016Assets 2018: $3,440,089Liabilities 2018: $4,751,789Net Assets 2018: -$1,311,7002018Assets 2019: $2,970,710Liabilities 2019: $3,905,278Net Assets 2019: -$934,5682019Assets 2020: $2,113,501Liabilities 2020: $3,276,920Net Assets 2020: -$1,163,4192020Assets 2021: $1,518,962Liabilities 2021: $2,954,877Net Assets 2021: -$1,435,9152021Assets 2022: $3,533,530Liabilities 2022: $5,159,993Net Assets 2022: -$1,626,4632022Assets 2023: $2,837,005Liabilities 2023: $4,891,381Net Assets 2023: -$2,054,3762023Assets 2024: $2,906,126Liabilities 2024: $4,841,902Net Assets 2024: -$1,935,7762024

Highlighted filing

2023

Assets$2,837,005
Liabilities$4,891,381
Net Assets-$2,054,376

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $1,901,306Expenses 2016: $2,066,849Net Income 2016: -$165,5432016Revenue 2018: $3,425,945Expenses 2018: $4,142,859Net Income 2018: -$716,9142018Revenue 2019: $3,502,829Expenses 2019: $3,281,574Net Income 2019: $221,2552019Revenue 2020: $3,348,270Expenses 2020: $3,270,229Net Income 2020: $78,0412020Revenue 2021: $3,200,087Expenses 2021: $3,182,231Net Income 2021: $17,8562021Revenue 2022: $3,568,861Expenses 2022: $3,645,049Net Income 2022: -$76,1882022Revenue 2023: $3,509,140Expenses 2023: $4,090,120Net Income 2023: -$580,9802023Revenue 2024: $3,918,170Expenses 2024: $3,919,830Net Income 2024: -$1,6602024

Highlighted filing

2023

Revenue$3,509,140
Expenses$4,090,120
Net Income-$580,980
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 13, 2024
Return Version
2022v5.0
Gross Receipts
$3,509,140
Mission and Program Overview

Mission

The mission of the minnesota excellence in learning academy (mela) is to serve children and families in urban communities by providing a high-quality learning environment that accelerates achievement, performance, and college-preparedness through careful analysis of student needs and effective use of data to personalize and monitor student learning. Innovation combined with research-based best practices and strong support for teachers will ensure that every student in the academy will be reading by the end of third grade and continue to exceed grade level standards ensuring readiness for accelerated work in a high-performing middle school, high school, and the college of their choice.

To serve children and families in urban communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$290,321$329,607▲ $39,286
Prepaid Expenses and Deferred Charges$82,940$84,967▲ $2,027
Land, Buildings, and Equipment, Net$56,389$44,856▼ $11,533
Cash and Non-Interest-Bearing Accounts$110,113$23,001▼ $87,112
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-191,893$-444,715▼ $252,822
Cap Stk Tr Prin Current Funds$-1,434,570$-1,609,661▼ $175,091
Total Assets$3,533,530$2,837,005▼ $696,525
Other Assets Total$2,993,767$2,354,574▼ $639,193
Liabilities
Other Liabilities$4,951,959$4,400,988▼ $550,971
Accounts Payable and Accrued Expenses$208,034$365,393▲ $157,359
Mortgage Notes Payable Secured by Investment Property$0$125,000▲ $125,000
Total Liabilities$5,159,993$4,891,381▼ $268,612
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,626,463$-2,054,376▼ $427,913
Total Liabilities and Net Assets / Fund Balance$3,533,530$2,837,005▼ $696,525

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$44,856$125,833$170,689
Other Assets Org$1,690,843--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Danielle FieldsExecutive DirectorFT$119,511$16,435$135,946
Cynthia KuenzelSecretary/teacherFT$54,331$4,589$58,920
Joshua MoeschlMember/teacherFT$16,523$1,516$18,039

Board Members and Trustees

NameTitle
Joseph SchererBoard Chair
Antonio ZambranoVice Chair
Malai TurnballMember
Julie EduputaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Collaborative Student Transportation OfTransportation615 1ST AVE NE SUITE 115, Minneapolis, MN 55480$425,112
Done Right Food Services INCFood ServicePO BOX 21153, Columbia Heights, MN 55421$165,941
Revenue and Support

Revenue Composition

Contributions and Grants
$3,482,238
Program Service Revenue
$9,387
Investment Income
$0
Other Revenue
$17,515
All Other Contributions
$100,634
Change in Net Assets
$-580,980

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,509,140
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,529
Total Revenue per Audited Statements
$3,517,669
Total Revenue per Form 990
$3,509,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,137,450
Salaries, Compensation, and Employee Benefits$1,952,670
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,209,640$163,336-$1,372,976
Depreciation Depletion$434,068$2,172-$436,240
Current Officers, Directors, Trustees, and Key Employees$107,239$142,859-$250,098
Fees for Services Other$216,948$27,607-$244,555
Interest$148,178$1,176-$149,354
Payroll Taxes$91,398$26,958-$118,356
Pension Plan Contributions$96,050$16,183-$112,233
Fees for Services Accounting-$105,390-$105,390
Other Employee Benefits$90,562$8,445-$99,007
Occupancy$48,577--$48,577
Other Expenses$382$42,206-$42,588
Conferences and Meetings$40,043$2,045-$42,088
Information Technology$15,042$26,789-$41,831
Office Expenses$8,986$13,928-$22,914
All Other Expenses$21,686--$21,686
Insurance$19,714$75-$19,789
Fees for Services Legal-$318-$318
Total Functional Expenses$3,510,633$579,487$0$4,090,120

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,090,120
Total Expenses per Form 990$4,090,120
Total Expenses per Audited Statements$3,945,582
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-144,538
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liabilities$2,180,414
Net Pension Liability$1,758,058
Deferred Inflows Related to Pensions$462,516
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

At an annual meeting or any special meeting properly called, parents and employees of the academy shall be permitted to vote to elect directors. Members of the academy having the right to elect directors, shall elect the directors in accord with the outcome of voting by the parents, guardians and staff employed by the academy.

Form 990, Part VI, Section B, Line 11B

The school meets with their financial manager and walks through the draft 990 and then it is presented to the board. The financial manager and director of operations walk through the significant pieces of the 990 and then the board approves the filing.

Form 990, Part VI, Section B, Line 12C

Compliance with the conflict of interest policy is reviewed at board meetings.

Form 990, Part VI, Section B, Line 15

Comparable salary data from similar schools in the area is compiled. The salary schedule is then presented to the board as part of the budget process.

Form 990, Part VI, Section C, Line 19

Mela's governing documents, conflict of interest policy and financial statements are available upon request.

FORM 990, PART VII, SECTION A:

Related board members: per mn statute 124e.07, charter schools are required to have a licensed teacher as a member of the board of directors. Cynthia kuenzel and joshua moeschl are board members, but received compensation for their services as teachers.

Filing and Contact Details

Filer

Filer Name
Minnesota Excellence in Learning Academy
EIN
46-4017902
Phone
7632054396
Address
9060 ZANZIBAR LANE N, MAPLE GROVE, MN 55311

Signing Officer

Name
Traci Moore
Title
Executive Director
Phone
7632054396
Signed
2024-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Traci Moore
Formed
2013
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
4
Employees
46
Volunteers
67

Preparer

Firm
Creative Planning Tax LLC
Address
12100 MEREDITH DR SUITE 200, URBANDALE, IA 50323
Preparer
Brent L Alexander CPA
Phone
5157275700
Supplemental Narrative

Additional Explanations

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:

Pension liability adjustment 153,067.

Financial Statement Notes

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.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

PENSION INCOME 8,529.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Pension expenses -144,538.

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IRS990/MissionDesc0THE MISSION OF THE MINNESOTA EXCELLENCE IN LEARNING ACADEMY (MELA) IS TO SERVE CHILDREN AND FAMILIES IN URBAN COMMUNITIES BY PROVIDING A HIGH-QUALITY LEARNING ENVIRONMENT THAT ACCELERATES ACHIEVEMENT, PERFORMANCE, AND COLLEGE-PREPAREDNESS THROUGH CAREFUL ANALYSIS OF STUDENT NEEDS AND EFFECTIVE USE OF DATA TO PERSONALIZE AND MONITOR STUDENT LEARNING. INNOVATION COMBINED WITH RESEARCH-BASED BEST PRACTICES AND STRONG SUPPORT FOR TEACHERS WILL ENSURE THAT EVERY STUDENT IN THE ACADEMY WILL BE READING BY THE END OF THIRD GRADE AND CONTINUE TO EXCEED GRADE LEVEL STANDARDS ENSURING READINESS FOR ACCELERATED WORK IN A HIGH-PERFORMING MIDDLE SCHOOL, HIGH SCHOOL, AND THE COLLEGE OF THEIR CHOICE.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0125000
IRS990/NetAssetsOrFundBalancesBOYAmt0-1626463
IRS990/NetAssetsOrFundBalancesEOYAmt0-2054376
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt048577
IRS990/OccupancyGrp/TotalAmt048577
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013928
IRS990/OfficeExpensesGrp/ProgramServicesAmt08986
IRS990/OfficeExpensesGrp/TotalAmt022914
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02993767
IRS990/OtherAssetsTotalGrp/EOYAmt02354574
IRS990/OtherChangesInNetAssetsAmt0153067
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08445
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt090562
IRS990/OtherEmployeeBenefitsGrp/TotalAmt099007
IRS990/OtherExpensesGrp/Desc0TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1PRINCIPAL
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3DUES & MEMBERSHIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt042206
IRS990/OtherExpensesGrp/ProgramServicesAmt0600519
IRS990/OtherExpensesGrp/ProgramServicesAmt1181422
IRS990/OtherExpensesGrp/ProgramServicesAmt2180179
IRS990/OtherExpensesGrp/ProgramServicesAmt3382
IRS990/OtherExpensesGrp/TotalAmt0600519
IRS990/OtherExpensesGrp/TotalAmt1181422
IRS990/OtherExpensesGrp/TotalAmt2180179
IRS990/OtherExpensesGrp/TotalAmt342588
IRS990/OtherLiabilitiesGrp/BOYAmt04951959
IRS990/OtherLiabilitiesGrp/EOYAmt04400988
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017515
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017515
IRS990/OtherRevenueTotalAmt017515
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0163336
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01209640
IRS990/OtherSalariesAndWagesGrp/TotalAmt01372976
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026958
IRS990/PayrollTaxesGrp/ProgramServicesAmt091398
IRS990/PayrollTaxesGrp/TotalAmt0118356
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-191893
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-444715
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016183
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt096050
IRS990/PensionPlanContributionsGrp/TotalAmt0112233
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0290321
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0329607
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt082940
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt084967
IRS990/PrincipalOfficerNm0TRACI MOORE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0MEDICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc1FEES FROM PATRONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08774
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1613
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08774
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1613
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03554319
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01869586
IRS990/PYOtherRevenueAmt013710
IRS990/PYProgramServiceRevenueAmt0832
IRS990/PYRevenuesLessExpensesAmt0-76188
IRS990/PYSalariesCompEmpBnftPaidAmt01775463
IRS990/PYTotalExpensesAmt03645049
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03568861
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-580980
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt026902
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt044856
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0125833
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0170689
IRS990ScheduleD/ExpensesNotReportedAmt0-144538
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04090120
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0663731
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11690843
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE ASSETS
IRS990ScheduleD/OtherExpensesIncludedAmt0-144538
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01758058
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1462516
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22180414
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RIGHT OF USE LIABILITIES
IRS990ScheduleD/OtherRevenueAmt08529
IRS990ScheduleD/RevenueNotReportedAmt08529
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03509140
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PENSION INCOME 8,529.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PENSION EXPENSES -144,538.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt044856
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02354574
IRS990ScheduleD/TotalExpensesPerForm990Amt04090120
IRS990ScheduleD/TotalLiabilityAmt04400988
IRS990ScheduleD/TotalRevenuePerForm990Amt03509140
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03517669
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03945582
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATORY POLICY AS WELL AS A BULLY PROHIBITION AND UNIFORM POLICY ARE ALL AVAILABLE DURING THE OPEN HOUSES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AT AN ANNUAL MEETING OR ANY SPECIAL MEETING PROPERLY CALLED, PARENTS AND EMPLOYEES OF THE ACADEMY SHALL BE PERMITTED TO VOTE TO ELECT DIRECTORS. MEMBERS OF THE ACADEMY HAVING THE RIGHT TO ELECT DIRECTORS, SHALL ELECT THE DIRECTORS IN ACCORD WITH THE OUTCOME OF VOTING BY THE PARENTS, GUARDIANS AND STAFF EMPLOYED BY THE ACADEMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL MEETS WITH THEIR FINANCIAL MANAGER AND WALKS THROUGH THE DRAFT 990 AND THEN IT IS PRESENTED TO THE BOARD. THE FINANCIAL MANAGER AND DIRECTOR OF OPERATIONS WALK THROUGH THE SIGNIFICANT PIECES OF THE 990 AND THEN THE BOARD APPROVES THE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS REVIEWED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPARABLE SALARY DATA FROM SIMILAR SCHOOLS IN THE AREA IS COMPILED. THE SALARY SCHEDULE IS THEN PRESENTED TO THE BOARD AS PART OF THE BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MELA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RELATED BOARD MEMBERS: PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE A LICENSED TEACHER AS A MEMBER OF THE BOARD OF DIRECTORS. CYNTHIA KUENZEL AND JOSHUA MOESCHL ARE BOARD MEMBERS, BUT RECEIVED COMPENSATION FOR THEIR SERVICES AS TEACHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PENSION 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PENSION LIABILITY ADJUSTMENT 153,067.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII, SECTION A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART X, LINE 25:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN

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