2025-05-13T15:52:07-05:00 2024-06-30 411504933 LB CARLSON LLP 605 HIGHWAY 169 SUITE 650 MINNEAPOLIS MN 55441 990 2023-07-01 412006469 NEW CITY SCHOOL NEWC 6126233309 1500 6TH STREET NE MINNEAPOLIS MN 55413 JANE OJILE PRINCIPAL 6126233309 2025-04-30 1 0 VICTORIA L HOLINKA P00735616 7635358150 2025-04-30 2023 2025-03-06 01:10:19Z JANE OJILE 1500 6TH STREET NE MINNEAPOLIS MN 55413 5070879 0 X WWW.NEWCITYCHARTERSCHOOL.ORG X 2002 MN STUDENT INSTRUCTION BASED ON ACTIVE ACADEMICS AND CITIZENSHIP 8 5 68 100 0 0 537795 508624 4227470 4555854 -3066 6401 0 0 4762199 5070879 0 0 0 0 2647616 3308179 0 0 0 2225801 2176756 4873417 5484935 -111218 -414056 7946747 7459285 9078514 9005108 -1131767 -1545823 NEW CITY SCHOOL WILL CREATE A LEARNING COMMUNITY THAT IS DIVERSE, KNOWLEDGEABLE, THINKING, AND CARING, AND WILL SERVE AS A DEMONSTRATION SITE FOR BEST PRACTICES IN THE INTEGRATION OF SOCIAL AND ACADEMIC LEARNING. 0 0 4912593 4555854 NEW CITY SCHOOL PROVIDES AN EDUCATIONAL PROGRAM AND EXTRACURRICULAR STUDENT ACTIVITIES FOR ITS STUDENTS IN ORDER TO IMPROVE STUDENT LEARNING, INCREASE LEARNING OPPORTUNITIES FOR PUPILS, AND ENCOURAGE THE USE OF DIFFERENT AND INNOVATIVE TEACHING METHODS. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, NEW CITY SCHOOL SERVED AN ESTIMATED 351 STUDENTS. 4912593 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 68 1 0 0 0 0 0 0 0 0 0 0 X 8 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 MN X JACKIE PARADIS 6517642091 722 HI PARK AVE RED WING MN 55066 JANE OJILE PRINCIPAL/DIRECTOR 40.00 X 87516 0 0 ABBY MANDELL TREASURER 40.00 X X 46266 0 0 MICHAEL HICKEL DIRECTOR 40.00 X 45094 0 0 KATI CUNNINGHAM DIRECTOR 2.00 X 0 0 0 VINCENT ESADES DIRECTOR 2.00 X 0 0 0 CLAIRE STUMBRAS DIRECTOR 2.00 X 0 0 0 AMANDA HALBERSMA SECRETARY 2.00 X X 0 0 0 ERIN GREEN BOARD CHAIR 2.00 X X 0 0 0 178876 0 0 0 0 0 0 0 500755 7869 508624 FEDERAL AND STATE SOUR 611710 4484187 4484187 OTHER EDUCATIONAL PURP 611710 71667 71667 4555854 6401 6401 5070879 4555854 0 6401 X 218233 113158 105075 2286705 2077633 209072 428383 401836 26547 186783 166439 20344 188075 165203 22872 28552 28552 12633 12633 76417 76417 676255 661791 14464 129249 120647 8602 19222 5607 13615 344374 343572 802 16817 16817 6826 6826 321320 321320 26895 374 26521 TRANSPORTATION 370967 370967 FOOD 126139 126139 FIELD TRIPS 21090 21090 5484935 4912593 572342 0 772691 656930 464145 438193 32103 56214 6338725 1073175 5552281 5265550 1125527 1042398 7946747 7459285 336528 390306 13360 72159 5771376 5563962 2957250 2978681 9078514 9005108 X -932297 -1285438 -219095 -298412 19625 38027 -1131767 -1545823 7946747 7459285 -414056 0 X X 0 1 X 1 0 X 6100565 905542 5195023 238160 167633 70527 5265550 DEFERRED OUTFLOWS OF RESOURCES - PERA 208711 DEFERRED OUTFLOWS OF RESOURCES - TRA 833687 1042398 DEFINED BENEFIT PENSION PLANS 207318 NET PENSION LIABILITY - PERA 352289 NET PENSION LIABILITY - TRA 2419074 2978681 X 5070879 0 5070879 0 5070879 5484935 0 5484935 0 5484935 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER IRC 501(C)(3). THE SCHOOL IS SUBJECT TO TAX ON INCOME FROM ANY UNRELATED BUSINESS. THE SCHOOL IS SUBJECT TO THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 740-10. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE SCHOOL HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE IRS AND STATE JURISDICTION WHERE THEY OPERATE. THE SCHOOL BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DO NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THEIR RESPECTIVE FINANCIAL CONDITION, RESULTS OF OPERATION, OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT THE CURRENT YEAR-END. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. 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 NONDISCRIMINATION POLICY IS COMMUNICATED VERBALLY DURING THE REGISTRATION PERIOD. AS OF JANUARY 2010, ALL REGISTRATION AND SOLICIATION MATERIALS INCLUDE A STATEMENT ON THE NONDISCRIMINATION POLICY. SCHEDULE E, PART I, LINE 6 NEW CITY SCHOOL RECIEVES AID THROUGH THE STATE OF MINNESOTA FOR THE PURPOSE OF PROVIDING EDUCATION SERVICES TO STUDENTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. ONCE THE FORM 990 IS COMPLETED, IT IS GIVEN TO NEW CITY SCHOOL FOR REVIEW BEFORE IT IS SIGNED AND FILED. THE FORM 990 IS NOT PROVIDED TO ALL BOARD MEMBERS IN A COMPLETE FORMAT. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ASSIGNS THE MONITORING TO A SPECIFIC COMMITTEE WHO IS RESPONSIBLE TO REVIEW THE COMPLIANCE WITH THE POLICY. BOARD MEMBERS ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL REVIEW IS COMPLETED BY THE GOVERNING BOARD. THE FINANCE COMMITTEE OF THE BOARD REVIEWS COMPENSATION AND RECOMMENDS APPROVAL BY THE BOARD. A WRITTEN AGREEMENT IS PUT IN PLACE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES-PROGSERV-990: PROGRAM SERVICE EXPENSES 79,278. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,278. ELEMENTARY ED - CONSULTANT FEES: PROGRAM SERVICE EXPENSES 42,035. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,035. SPEECH - PAYMENT TO OTHER AGENCIES: PROGRAM SERVICE EXPENSES 33,720. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,720. FEDERAL SUB AWARDS/CONTRACT LESS TH: PROGRAM SERVICE EXPENSES 16,398. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,398. GENERAL SPECIAL EDUCATION - INDIREC: PROGRAM SERVICE EXPENSES 36. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36. GENERAL SPECIAL EDUCATION - PAYMENT: PROGRAM SERVICE EXPENSES 137,706. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 137,706. STAFF DEVELOPMENT - CONSULTING FEES: PROGRAM SERVICE EXPENSES 300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 300. HEALTH SERVICES - CONTRACTED SERVIC: PROGRAM SERVICE EXPENSES 10,070. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,070. OPERATIONS & MAINTENANCE - CONTRACT: PROGRAM SERVICE EXPENSES 978. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 978. FACILITIES - CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 301,164. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 301,164. SCHOOL BOARD - CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 28,549. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,549. HUMAN RESOURCES - ADS & BACKGROUND: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,041. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,041. ADMINISTRATIVE SUPPORT - CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 76,417. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,417. BUSINESS SERVICES - OFFICE SUPPLIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,520. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,520. BUSINESS SERVICES - INDIRECT COSTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -3,094. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -3,094. SPECIAL EDUCATION-SUBGRANT LESS THA: PROGRAM SERVICE EXPENSES 31,569. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,569. MANAGEMENT - FEES FOR SERVICES - OT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -104,969. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -104,969. TITLE II, PART A - SUBGRANT LESS TH: PROGRAM SERVICE EXPENSES 601. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 601. TITLE II, PART A - INDIRECT COST: PROGRAM SERVICE EXPENSES 195. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 195. TITLE I - INDIRECT COSTS: PROGRAM SERVICE EXPENSES 1,526. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,526. DHOH - CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 6,215. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,215. 990 PAGE 12, PART XII, LINE 2C: THE FINANCIAL STATEMENTS ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE STATEMENTS ARE REVIEWED AND APPROVED BY THE BOARD BEFORE BEING ISSUED. THIS PROCESS WAS THE SAME AS LAST YEAR. FORM 990, PART VI, SECTION A, LINE 1B: SEVERAL MEMBERS OF THE BOARD ARE TEACHERS AT NEW CITY SCHOOL. MINNESOTA STATE STATUTE 124D.10 SUBD.4(G) REQUIRES THE BOARD TO HAVE AT LEAST ONE MEMBER THAT IS AN EMPLOYED/CONTRACTED TEACHER. AUTHORIZER NEW CITY SCHOOL IS REQUIRED TO HAVE AN AUTHORIZER TO MONITOR ITS OPERATIONS IN ORDER TO MAINTAIN ITS CHARTER. NEW CITY SCHOOL'S APPROVED AUTHORIZER DURING THE FISCAL YEAR 2024 WAS NOVATION EDUCATION OPPORTUNITIES. RELATED ORGANIZATION COMPENSATION: MADE AN EFFORT TO OBTAIN INFORMATION ON COMPENSATION, IF ANY, WAS PAID FROM A RELATED ORGANIZATION. NO RESPONSE RECEIVED AND NO TRANSACTIONS NOTED.