2024-04-24T15:56:55-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-07-01 383767089 COLOGNE ACADEMY COLO 9524662276 1221 S VILLAGE PKWY COLOGNE MN 55322 LYNN PETERSON EXECUTIVE DIRECTOR 9524662276 2024-04-24 1 LYNN PETERSON 999009999 0 ANN NEIL P01817922 6123764500 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LYNN PETERSON 1221 S VILLAGE PKWY COLOGNE MN 55322 10561785 0 X WWW.COLOGNEACADEMY.ORG X 2007 MN WHERE RICH CHARACTER DEVELOPMENT AND EFFECTIVE LEARNING ALLOW STUDENTS TO ACHIEVE ACADEMICALLY. 7 5 136 100 0 0 10268186 9798216 446456 591309 32598 47604 46587 120374 10793827 10557503 31443 0 0 0 6242237 6691403 0 0 0 3763204 3656344 10036884 10347747 756943 209756 9289670 8609784 10238828 8245827 -949158 363957 X TO PROVIDE STUDENTS IN COLOGNE AND SURROUNDING RURAL AREAS WITH A CONTENT-RICH EDUCATION BASED ON A STRONG FOUNDATION OF KNOWLEDGE THROUGH THE USE OF THE CORE KNOWLEDGE SEQUENCE AND CLASSICAL CURRICULUM. WE ARE COMMITTED TO PROVIDING A COMMUNITY SCHOOL WITH SMALL CLASS SIZES WHERE STUDENTS, PARENTS AND TEACHERS WORK TOGETHER TO ACHIEVE ACCELERATED ACADEMIC ACHIEVEMENT AND STRONG CHARACTER DEVELOPMENT. 0 0 9795409 0 591309 COLOGNE ACADEMY PROVIDES STUDENTS IN COLOGNE AND SURROUNDING RURAL AREAS WITH A CONTENT-RICH EDUCATION BASED ON A STRONG FOUNDATION OF KNOWLEDGE THROUGH THE USE OF THE CORE KNOWLEDGE SEQUENCE AND CLASSICAL CURRICULUM. WE ARE COMMITTED TO PROVIDING A COMMUNITY SCHOOL WITH SMALL CLASS SIZES WHERE STUDENTS, PARENTS AND TEACHERS WORK TOGETHER TO ACHIEVE ACCELERATED ACADEMIC ACHIEVEMENT AND STRONG CHARACTER DEVELOPMENT. COLOGNE BEGAN WITH GRADES K-5 IN THE 2008-2009 ACADEMIC YEAR, ADDED 6TH GRADE IN 2009-2010, 7TH GRADE IN 2010-2011, AND ADDED THE FINAL GRADE, 8TH GRADE, IN 2011-2012. THE AVERAGE NUMBER OF STUDENTS FOR THE 2022-2023 SCHOOL YEAR WAS 690. 9795409 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 0 0 0 1 19 0 1 136 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X LYNN PETERSON 9524662276 1221 VILLAGE PKWY COLOGNE MN 553229248 AMANDA DANIEL CHAIR 5.00 0.00 X X 0 0 0 PAUL MODEEN TREASURER 5.00 0.00 X X 0 0 0 MELISSA HANSEN DIRECTOR 5.00 0.00 X 0 0 0 JENNA MCINNIS VICE CHAIR 5.00 0.00 X X 0 0 0 NATHAN KELLS DIRECTOR 5.00 0.00 X 0 0 0 SHERYL REDDIG DIRECTOR 5.00 0.00 X 0 0 0 BRIAN GOLDIE DIRECTOR 5.00 0.00 X 0 0 0 MATT KRAUSE TREASURER 5.00 0.00 X X 0 0 0 LAURA OMAN DIRECTOR 42.00 0.00 X 65905 0 5960 LYNN PETERSON EX OFFICIO/EXECUTIVE DIRECTOR 45.00 0.00 X 153810 0 28310 TRACI LAFERRIERE EX OFFICIO/CFO 30.00 0.00 X 70822 0 14212 290537 0 48482 2 0 1 0 BENJAMIN BUS INC 32611 NORTHFIELD BLVD NORTHFIELD MN 55057 BUS SERVICE 1085201 ROCHON CORPORATION 28 2ND STREE NW OSSEO MN 55369 CONSTRUCTION 136747 QUALITY FIRST JANITORIAL & MAINTENANCE I 3948 LAKE CURVE AVENUE N ROBBINSDALE MN 55422 JANITORIAL 130654 3 9715727 82489 9798216 FEES FROM PATRONS 611710 357741 357741 FOOD SERVICE REVENUE 611710 159137 159137 MEDICAL ASSISTANCE REVENUE 611710 64100 64100 TUITION REVENUE 611710 10331 10331 591309 47604 47604 27636 4282 23354 23354 INSURANCE PROCEEDS 900099 89865 89865 MISC. REVENUE 900099 7155 7155 97020 10557503 591309 0 167978 327439 327439 194763 194763 4975532 4670450 305082 433612 413294 20318 367781 357831 9950 392276 369994 22282 613473 471171 142302 703501 670114 33387 -1222 -1222 973356 973356 34569 34239 330 1690 1690 96541 96286 255 22710 22710 CAPITAL OUTLAY/SHORT TE 1071732 1071732 REPAIRS & MAINTENANCE 53506 53506 FEDERAL SUBAWARDS AND S 46638 46638 DUES 21719 3287 18432 18131 18131 10347747 9795409 552338 0 5604927 4277634 1021833 1371597 77402 36608 1047411 474881 282495 572530 2303013 2351415 9289670 8609784 1946763 1015483 1096 6757 8290969 7223587 10238828 8245827 X -935039 -430335 -14119 570836 0 223456 -949158 363957 9289670 8609784 X 209756 1103359 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 563529 132043 431486 483882 342838 141044 572530 DEFERRED PENSION OUTFLOWS 2280272 LEASED EQUIPMENT, NET OF AMORTIZATION 71143 2351415 DEFERRED LIABILITY PAYABLE 6008153 DEFERRED LIABILITY INFLOWS 1142597 LEASE LIABILITY 71785 FINANCE LEASE 1052 7223587 11579229 1111591 1111591 10467638 89865 89865 10557503 16298172 6046966 6046966 10251206 96541 96541 10347747 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF AFFILIATE REPORTED ON SEPARATE RETURN 1,111,591. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSURANCE PROCEEDS 89,865. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF AFFILIATE REPORTED ON SEPARATE RETURN 5,560,851. CAPITALIZED EXPENDITURES 457,069. REPAYMENT OF LEASE LIABILITY PAYABLE 29,046. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 96,541. 1 1 0 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 PUBLISHED DURING THE REGISTRATION PERIOD FOR THE COMING SCHOOL YEAR IN JANUARY AND AT THE LOTTERY REGISTRATION. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. X X X 0 0 0 0 0 0 0 0 0 LYNN PETERSON EX OFFICIO/EXECUTIVE DIRECTOR 118560 0 35250 0 0 0 10751 0 17559 0 182120 0 0 0 PART I, LINE 3 A COMPREHENSIVE REVIEW OF THE COMPENSATION OF SUPERINTENDENTS AND PRINCIPALS OF AREA CHARTER SCHOOLS WAS COMPLETED AND USED TO DEVELOP A GRID OF PROFESSIONAL COMPETENCE AND PAY BY RATING THE EXECUTIVE DIRECTOR IN SEVERAL AREAS IDENTIFIED AND COMPENSATION WAS DETERMINED FROM THIS SCALE. FORM 990, PART VI, SECTION A, LINE 6 THE SCHOOL'S MEMBERS CONSIST OF PARENTS/LEGAL GUARDIANS OF ENROLLED STUDENTS AND EMPLOYEES OF THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 7A PARENTS/LEGAL GUARDIANS OF ENROLLED STUDENTS AND EMPLOYEES OF THE SCHOOL EACH HAVE ONE VOTE IN THE ELECTION FOR BOARD CANDIDATES TO BE APPOINTED TO THE SCHOOL'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETED FORM 990 IS PROVIDED TO EVERY BOARD MEMBER ELECTRONICALLY FOR REVIEW PRIOR TO FILING. THE FINANCE COMMITTEE, A SUB COMMITTEE OF THE BOARD, MEETS AND REVIEWS THE FORM 990 IN DETAIL, AND AT A SUBSEQUENT BOARD MEETING ALL QUESTIONS AND PROPOSED CHANGES ARE RESOLVED BY THE BOARD. IF CHANGES ARE REQUIRED THEY ARE MADE PRIOR TO THE VOTE TO APPROVE FOR FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT-OF-INTEREST QUESTIONNAIRES ARE SENT TO EACH BOARD MEMBER WHEREBY THEY MUST AFFIRMATIVELY IDENTIFY ANY CONFLICT OR DECLARE THAT NO CONFLICT EXISTS. IF A BOARD MEMBER HAS A POTENTIAL CONFLICT, THEY MUST FULLY DISCLOSE TO THE BOARD OF DIRECTORS THE INTEREST OR RELATIONSHIP. THE BOARD OF DIRECTORS LESS THE INTERESTED MEMBER, IN COLLABORATION WITH THE COMMISSIONER OF EDUCATION, AS NECESSARY, WILL REVIEW THE DISCLOSURE AND DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT EXISTS, THE INTERESTED MEMBER MAY NOT PARTICIPATE IN THE DISCUSSION NOR VOTE ON THE TRANSACTION. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A A COMPREHENSIVE REVIEW OF THE COMPENSATION OF SUPERINTENDENTS AND PRINCIPALS OF AREA CHARTER SCHOOLS WAS COMPLETED AND USED TO DEVELOP A GRID OF PROFESSIONAL COMPETENCE AND PAY BY RATING THE EXECUTIVE DIRECTOR IN SEVERAL AREAS IDENTIFIED AND COMPENSATION WAS DETERMINED FROM THIS SCALE. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 1,103,359. FORM 990, PART XII, LINE 1, EXPLANATION FOR OTHER METHOD OF ACCOUNTING: THE SCHOOL FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET. COLOGNE ACADEMY BUILDING COMPANY 1221 S VILLAGE PKWY COLOGNE MN 55322 465664727 BUILDING COMPANY - LEASE FACILITY FOR SCHOOL MN 501(C)(3) LINE 12A, I COLOGNE ACADEMY 1 COLOGNE ACADEMY PAVE COMMITTEE 1221 S VILLAGE PKWY COLOGNE MN 55322 271346464 TO PROMOTE PARENT INVOLVEMENT WITH STUDENT ACTIVITIES MN 501(C)(3) LINE 12A, I COLOGNE ACADEMY 1 COLOGNE STARS BUILDING COMPANY 1221 S VILLAGE PKWY COLOGNE MN 55322 BUILDING COMPANY - LEASE FACILITY FOR SCHOOL MN 501(C)(3) LINE 12A, I COLOGNE ACADEMY 1 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 COLOGNE ACADEMY BUILDING COMPANY K 1049828 LEASE AGREEMENT