2026-05-15T10:34:31-07:00 2025-06-30 Robert Reese Procaccini CPA 13928 Sunset Lake Drive Burnsville MN 55337 990 2024-07-01 208933066 LIONSGATE ACADEMY LION 7634866359 5605 Green Circle Drive Minnetonka MN 55343 Aaron Leisen Director of Finance and Operations 7634866359 2026-05-14 1 1 Robert Procaccini P01890510 9529920995 2026-05-14 X 2024 2025-03-06 01:10:19Z Aaron Leisen 5605 Green Circle Drive Minnetonka MN 55343 33352618 0 X www.lionsgate.academy X 2007 MN Lionsgate Academy provides a transition-focused, tailored learning program for students with ASD. 9 6 455 10 0 0 30123779 33201535 48666 49588 73811 101495 0 0 30246256 33352618 0 0 0 0 18381242 20769004 0 0 0 12863814 12865206 31245056 33634210 -998800 -281592 26276880 26562610 34875839 35443161 -8598959 -8880551 The mission of Lionsgate Academy is to foster self determination by providing a transition-focused, personalized learning program for all students, specializing in educating students with autism spectrum disorders. 0 0 31898269 0 0 Lionsgate Academy will create an educational environment that will model best instructional practices and research based techniques so that the graduates of Lionsgate Academy will - to the fullest extent possible - live independently, be involved in further education or gainful employment, and develop meaningful relationships with others. Lionsgate Academy served 398 students in grades seven through twelve during 2024-2025, its seventeenth year of operation. 219374 0 0 Food service program: provides meals that cater to all students nutritional needs and restrictions. 0 0 0 32117643 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 33 0 455 1 0 0 0 0 0 0 0 0 X 9 6 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X Aaron Leisen 6122170436 5605 Green Circle Drive Minnetonka MN 55343 Aaron Leisen Director of Finance and Operations 42 0 X 124167 0 22359 Ryan Rehnstrand Executive Director 42 0 X 122266 0 12172 Diana Amundson Director 42 0 X 55223 0 13819 Eve Wolfe Director 42 0 X 62876 0 6132 Chayla Fenske Secretary 42 0 X X 58644 0 5671 Ann Wiesner Chair 2 0 X X 0 0 0 Kim Busse Vice Chair 2 0 X X 0 0 0 Jeffrey Nickolas Treasurer 2 0 X X 0 0 0 Konner Hayes Director 2 0 X 0 0 0 Natasha Randolph Director 2 0 X 0 0 0 Julie Tarshish Director 2 0 X 0 0 0 423176 0 60153 2 0 0 0 Twin City Transportation 1408 Northland Dr Ste 101 Mendota Heights MN 55120 Transportation 4429065 Frontier Transportation Services LLC 1935 County Road B2 W Suite 228 Roseville MN 55113 Transportation 907716 Health Point Cleaning Solutions of Minnesota LLC PO Box 24843 Edina MN 55424 Custodial Services 275507 Washburn Center for Children 1100 Glenwood Ave Minneapolis MN 55405 Mental Health Services 119083 4 0 0 0 0 33008717 192818 0 33201535 Student Fees 611710 46002 46002 0 0 Food Service 611710 3586 3586 0 0 0 0 0 0 49588 101495 101495 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 33352618 151083 0 0 X 0 0 0 0 0 0 0 0 548368 222733 325635 0 0 0 0 0 14952541 14506543 445998 0 1282771 1223616 59155 0 2722761 2630625 92136 0 1262563 1137497 125066 0 238470 0 238470 0 6108 0 6108 0 105795 0 105795 0 0 0 0 0 0 0 0 0 0 0 862498 862498 0 0 0 0 0 0 257061 184716 72345 0 171790 129899 41891 0 0 0 0 0 2357470 2357470 0 0 0 0 0 0 0 0 0 0 87471 84438 3033 0 28395 28395 0 0 0 0 0 0 2179546 2179546 0 0 87228 87228 0 0 Food Service 220309 219374 935 0 Transportation 6065181 6065181 0 0 Instructional Materials 127654 127654 0 0 Pension Expenses per ACT 70230 70230 0 0 33634210 32117643 1516567 0 0 0 978013 1861744 2308615 4803578 49095 0 266020 4460 24222345 8248729 18079447 15973616 4595690 3919212 26276880 26562610 2011236 3751674 0 0 11180 0 0 0 0 0 0 0 0 0 0 1188784 32853423 30502703 34875839 35443161 X -8249947 -8128507 -349012 -752044 0 0 -8598959 -8880551 26276880 26562610 -281592 0 0 0 0 0 X X 0 1 1 0 X 0 0 0 0 0 0 0 0 869768 375734 494034 0 569576 269308 300268 0 22783001 7603687 15179314 15973616 Deferred Outflows - Pension Plans 3919212 3919212 Deferred Inflows - Pension Plans 3607657 Lease Liabilities 16725660 Net Pension Liability 10169386 30502703 X 33352618 0 0 0 0 0 33352618 0 0 0 33352618 33634210 0 0 0 0 0 33634210 0 0 0 33634210 Schedule D, Part X, Line 2 The school has no uncertain tax positions for the year ending June 30, 2025. 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 available on Lionsgate Academy's website under the School Policy section. Schedule E, Part I, Line 6 Lionsgate Academy receives aid through the State of Minnesota for the purpose of providing education services to students. Form 990, Part VI, Section A, Line 1b Several members of the board are teachers at Lionsgate Academy. MN State statute requires the board to have at least one member that is an employed teacher. Lionsgate Academy is required to have an Authorizer to monitor it's operations in order to maintain it's charter. Lionsgate Academy's approved Authorizer during fiscal year 2025 was Novation Education Opportunities. Form 990, Part VI, Section B, Line 11b Form 990 is reviewed by the school's management and contracted accountant prior to filing. Form 990, Part VI, Section B, Line 12c Administration reminds the Board of issues that could create a conflict when such issues arise. The Finance Committee regularly reviews cash disbursements. Form 990, Part VI, Section B, Line 15 Executive Director Review Committee review Executive Director's performance and recommends compensation to the full board annually. Lionsgate Academy performs an annual compensation review for all positions against similarly situated and sized organizations in it's home metro area. Form 990, Part VI, Section C, Line 19 The organization makes it's governing documents, conflict of interest policy, and financial statements available to the public upon request and on their website. Form 990, Part IX, Line 24e During the fiscal year ending June 30, 2025, actuarial assumptions resulted in an estimated pension liability, which increased expenses for the current year by $70,230. Form 990, Part XII, Line 2c The board assumes the same responsibility for the financial statements it has in the past. The selection process and procedures have not changed for the prior year. The financial statements are prepared by an independent accounting firm. The statements are reviewed by management prior to being issued.