2023-11-15T07:44:34-06:00 2022-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-04-01 862879682 Leo Augusta Children's Academy LEOA 5075722014 824 Center Ave N Blooming Prairie MN 55917 Nate Bastian Treasurer 5075722014 2023-11-14 1 Nate Bastian 999009999 1 Deb Nelson CPA P01264758 6122536500 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Nate Bastian 824 Center Ave N Blooming Prairie MN 55917 899079 0 X www.leoaugusta.com X 2021 MN To accommodate childcare needs for infant to 12 years of age for children in southern Minnesota. 4 4 21 6 0 0 409197 708912 2097 189606 0 100 0 461 411294 899079 0 0 0 0 57501 391645 0 0 0 9247 217819 66748 609464 344546 289615 1072692 4000738 728146 1780875 344546 2219863 X The purpose of the Leo Augusta Children's Academy is to deliver a hands-on model of child development with the capacity to serve over 100 children, ages infant through 12 years of age. Under a structured curriculum, coupled with flexibility, our philosophy of learning and care will focus on emotional, intellectual, physical, and social development in a nurturing and secure environment. 0 0 443341 189606 The purpose of the Leo Augusta Children's Academy is to provide every child regardless of economic, social, race, or religious status an early education opportunity that will enable the child to succeed. The Leo Augusta Children's Academy will deliver a hands-on model of child development with the capacity to serve over 100 children, ages infant through 12 years of age. Under a structured curriculum, coupled with flexibility, our philosophy of learning and care will focus on emotional, intellectual, physical, and social development in a nurturing and secure environment. The academy will provide working families 5 days per week, up to 12 hours per day to work towards financial stability with a peace of mind while the academy cares for their children. 443341 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 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 1 5 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 1 0 0 MN X Amy Hinzmann 5075722014 824 Center Ave N Blooming Prairie MN 55917 Amy Hinzmann Board Chair 1.00 X X 0 0 0 Sara Winzenburg Secretary 1.00 X X 0 0 0 Nate Bastian Treasurer 0.50 X X 0 0 0 Julian Currie Director 0.50 X 0 0 0 Doug Anderson Academy Director 45.00 X 70000 0 0 70000 0 0 0 0 0 0 KeyBuilders Inc 6876 10th Ave SW Suite D Rochester MN 55902 General Contractor 1366759 1 96000 612912 27927 708912 Classroom Tuition and 624410 186568 186568 Food Program Revenue 624410 3038 3038 189606 100 100 461 0 461 461 899079 189606 0 561 53845 48461 5384 306361 287565 18796 808 808 30631 27727 2904 9906 9906 12389 333 12056 19592 8476 11116 4193 4193 19387 19387 1080 1080 7912 6013 1899 33597 33597 36002 30600 5402 8936 8936 Learning Materials 15617 15617 Food Service 15044 15044 Repairs & Maintenance 14225 14225 Membership, Dues & Subs 8989 8989 10950 2425 8525 609464 443341 166123 0 13197 500 120493 96000 9324 8759 2313000 36010 1058995 2276990 0 1489172 1072692 4000738 263146 30875 465000 1750000 728146 1780875 X 344546 730691 1489172 344546 2219863 1072692 4000738 289615 1522753 62949 0 X 0 1 X 1 0 X 409197 708912 1118109 2097 190067 192164 411294 898979 1310273 300000 588581 888581 0 300000 588581 888581 421692 100 100 100 100 411294 899079 1310373 X Part III, Short Year Explanation: Leo Augusta Children's Academy is filing a short year in 2021 and 2022 in order to change to a calendar year-end. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2073690 25232 2048458 192506 9906 182600 46804 872 45932 2276990 Contributed rent receivable 1489172 1489172 X 2654660 1755581 1755581 899079 0 899079 842292 232828 232828 609464 0 609464 Part X, Line 2: The Organization is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and records no provision for income taxes. The Organization is not a private foundation and contributions to the Organization qualify as a charitable tax deduction by the contributor. There are no significant differences in accounting policies and practices followed for book and income tax purposes. Consequently, the provision for income taxes in these financial statements is the same as that calculated in the Organization's income tax returns. The Organization evaluated its tax positions and determined that it has no uncertain tax positions as of December 31, 2022. X 1 200 Cost X Classroom Supplies 42 11281 FMV X Recreational Items 1 7228 FMV X Art and Craft Supplies 1 5195 FMV X Staff & Business Equipment 7 3873 Cost X Furniture 1 150 Cost 0 0 0 0 Part I, Column (b): Column (B) represents numbers of contributors. Form 990, Part VI, Section A, line 7a During such time as Kruckeberg Industries is located in Blooming Prairie, MN, one Director shall be a current Kruckeberg Industries employee. Form 990, Part VI, Section A, line 8b There are no committees that act on behalf of the board of directors. Form 990, Part VI, Section B, line 11b A draft of the tax return will be provided to the board of directors prior to a formal meeting to allow board members to review. Questions, concerns, or issues will be raised at a scheduled, in person board meeting and the tax return in question will be approved or denied based on any concerns. Form 990, Part VI, Section B, line 12c All board members are required to complete a conflict of interest. New members must sign conflict of interest statements prior to becoming board members. Annually, at the beginning of the fiscal year all conflict of interest statements are reviewed during an in-person meeting and updated with signatures & dates. Restrictions are not necessarily imposed should a conflict of interest arise. The board of directors may determine despite the existence of a conflict of interest, the transaction or arrangement is in the best interest of the organization. Form 990, Part VI, Section B, line 15a Compensation is determined for the Executive Director by market data and comparability studies. Form 990, Part VI, Section C, line 19 The organization makes it governing documents and IRS filings available to the public upon request.