2024-05-15T11:35:53-05:00 2023-06-30 471019942 CREATIVE PLANNING TAX LLC 12100 MEREDITH DR SUITE 200 URBANDALE IA 50323 990 2022-07-01 800743744 PRODEO ACADEMY CHARTER SCHOOL #4213 PROD 7632059950 4141 UNIVERSITY AVENUE NE COLUMBIA HEIGHTS MN 55421 RICHARD CAMPION EXECUTIVE DIRECTOR 7632059950 2024-05-14 1 RICHARD CAMPION 999009999 1 BRENT L ALEXANDER CPA P00075113 5157275700 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD CAMPION 4141 UNIVERSITY AVENUE NE COLUMBIA HEIGHTS MN 55421 18580713 0 X PRODEOACADEMY.ORG X 2011 MN PRODEO ACADEMY IS A COLLEGE PREPARATORY SCHOOL. 11 10 305 10 0 0 16142475 18456747 0 832 1911 4024 917 119110 16145303 18580713 0 0 0 0 10318113 11965099 0 0 0 5961080 7516986 16279193 19482085 -133890 -901372 10823129 10301879 13842446 15595835 -3019317 -5293956 PRODEO ACADEMY IS A COLLEGE PREPARATORY SCHOOL THAT PREPARES STUDENTS TO BE CRITICAL THINKERS AND INTELLIGENT LEADERS, EXPANDING THEIR OPPORTUNITIES TO CONTRIBUTE POSITIVELY AND PRODUCTIVELY TO SOCIETY. 0 0 15786985 119942 PRODEO ACADEMY EDUCATED 899 STUDENTS IN PREK THROUGH 6TH GRADE DURING THE 2022-2023 SCHOOL YEAR. PRODEO ACADEMY PROVIDES INDIVIDUALIZED INSTRUCTION FOR EVERY CHILD. 15786985 1 1 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 37 0 1 305 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 1 0 0 MN X THE ORGANIZATION 7632059950 4141 UNIVERSITY AVENUE NE COLUMBIA HEIGHTS MN 55421 X MATTHEW DANIELS MEMBER/TEACHER 42.00 X 54530 0 20460 ERIC HARRIS CHAIRPERSON 2.00 X X 0 0 0 ERIC JOHNSON TREASURER 2.00 X X 0 0 0 JOEL GREEN SECRETARY 2.00 X 0 0 0 ANNE SUMANGIL MEMBER 2.00 X 0 0 0 BENSON WHITNEY MEMBER 2.00 X 0 0 0 DAVID HARTMAN MEMBER 2.00 X 0 0 0 ALISSA BARES MEMBER 2.00 X 0 0 0 DARRELL THOMPSON MEMBER 2.00 X 0 0 0 APRIL LITTE MEMBER 2.00 X 0 0 0 TAMERA JENKINS MEMBER 2.00 X 0 0 0 RICHARD CAMPION EXECUTIVE DIRECTOR 60.00 X 210514 0 45734 CHANCEY ANDERSON CEO SCHOOL DEVELOPMENT 42.00 X 187028 0 42158 452072 0 108352 2 0 1 0 4MATIV TECHNOLOGIES 959 DAYTON AVE ST PAUL MN 55104 TRANSPORTATION SERVICES 1416141 TRIO COMMUNITY MEALS PO BOX 742992 ATLANTA GA 30374 FOOD SERVICE 615125 BLUECROSS BLUESHIELD OF MINNESOTA 3400 YANKEE DR EAGAN MN 55121 HEALTH BENEFITS 597130 PK PROPERTY SERVICES LLC 2542 KASOTA AVE ST PAUL MN 55108 JANITORIAL SERVICES 246050 CLIFTONLARSONALLEN PO BOX 776376 CHICAGO IL 60677 ACCOUNTING SERVICES 214576 8 17593305 863442 18456747 MEDICAL ASSISTANCE 611710 832 832 832 4024 4024 MISCELLANEOUS REVENUE 900099 119110 119110 119110 18580713 119942 0 4024 X 322485 80562 241923 9488225 7387951 2100274 762660 595941 166719 551615 455426 96189 840114 643956 196158 8899 8899 216409 216409 4051317 3863783 187534 470457 147213 323244 225989 155413 70576 1470239 1470239 22851 22398 453 30449 30449 503641 493583 10058 44672 44672 EQUIPMENT RENTAL & REPA 319788 319788 SUPPLIES 96819 96819 DUES/MEMBERSHIP FEES 47020 805 46215 FIELD TRIPS 8436 8436 19482085 15786985 3695100 0 X 351284 104021 1300 3044002 2959650 134603 113041 483186 205849 189928 277337 7103312 6846530 10823129 10301879 1576006 2444021 17000 0 278557 548425 11970883 12603389 13842446 15595835 X -3002136 -6932507 -17181 1638551 0 0 -3019317 -5293956 10823129 10301879 X -901372 -696135 -677132 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 483186 205849 277337 277337 DEFERRED OUTFLOWS RELATED TO PENSION 5485316 RIGHT OF USE ASSETS 1361214 6846530 DEFERRED INFLOWS RELATED TO PENSIONS 663704 NET PENSION LIABILITY 9860860 DUE TO FRIENDS OF PRODEO 381941 LEASE LIABILITIES 1696884 12603389 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 WE MEET WITH FAMILIES PERSONALLY AND EXPLAIN TO EACH OF THEM THAT THIS IS A PUBLIC SCHOOL AND WE DO NOT DISCRIMINATE IN ANY WAY. IT IS THEIR CHOICE WHETHER TO SEND THEIR CHILD TO OUR SCHOOL AND WE WILL TAKE THEM / ENROLL THEM. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. X X 0 0 0 0 0 0 0 0 0 RICHARD CAMPION EXECUTIVE DIRECTOR 210514 0 0 0 0 0 15789 0 29945 0 256248 0 0 0 CHANCEY ANDERSON CEO SCHOOL DEVELOPMENT 187028 0 0 0 0 0 14036 0 28122 0 229186 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A BOARD OF DIRECTOR ELECTION PROCEDURES SHALL COMPLY WITH MINNESOTA STATUTE 124E.07. STAFF MEMBERS EMPLOYED AT THE SCHOOL, MEMBERS OF THE BOARD OF DIRECTORS, AND ALL PARENTS OR LEGAL GUARDIANS OF CHILDREN ENROLLED IN THE SCHOOL ARE THE VOTERS ELIGIBLE TO ELECT THE MEMBERS OF THE SCHOOL'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEW A PUBLIC DISCLOSURE COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL VENDOR PAYMENTS ARE VERIFIED AT THE TIME OF PAYMENT THAT THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS DEVELOPED BY THE EXECUTIVE COMMITTEE OF THE PRODEO ACADEMY BOARD OF DIRECTORS AND INCLUDED A REVIEW OF COMPENSATION MODELS FROM CHARTER SCHOOLS OF SIMILAR SIZE AND SCOPE, AS WELL AS COMPARABLE PRIVATE AND PUBLIC INSTITUTIONS. THE EXECUTIVE COMMITTEE INCLUDES THREE BOARD MEMBERS FROM VARYING PROFESSIONAL BACKGROUNDS. EACH INDEPENDENTLY REVIEWED THE EXECUTIVE DIRECTOR AND THEN COMPILED DATA AND REACHED CONSENSUS ON COMPENSATION BASED ON THE PERFORMANCE REVIEW DATA. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). 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. MATTHEW DANIELS IS A BOARD MEMBER BUT RECEIVED COMPENSATION FOR HIS SERVICES AS A TEACHER. FORM 990, PART IX, LINE 11G OTHER PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 730,825. MANAGEMENT AND GENERAL EXPENSES 187,534. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 918,359. FOOD SERVICES: PROGRAM SERVICE EXPENSES 945,878. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 945,878. TRANSPORTATION: PROGRAM SERVICE EXPENSES 2,187,080. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,187,080. 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 -756,831. TRANSFER BETWEEN FUNDS 79,699. FRIENDS OF PRODEO ACADEMY 620 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 834687701 BUILDING COMPNAY MN 501(C)(3) LINE 12A, I PRODEO ACADEMY 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 FRIENDS OF PRODEO ACADEMY D 381941 YEAR-END BALANCE FRIENDS OF PRODEO ACADEMY K 1004831 LEASE AGREEMENT