2026-05-18T10:45:39-05:00 2025-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2024-07-01 383767089 Cologne Academy COLO 9524662276 1221 S Village Pkwy Cologne MN 55322 Lynn Peterson Executive Director 9524662276 2026-05-15 1 0 Cynthia Barta CPA P01222004 9528359090 2026-05-15 2024 2025-03-06 01:10:19Z Lynn Peterson 1221 S Village Pkwy Cologne MN 55322 12016862 0 X www.CologneAcademy.org X 2007 MN Where rich character development and effective learning allow students to achieve academically. 7 6 129 100 0 0 10487764 11357937 341811 453269 91551 87890 148187 23063 11069313 11922159 0 0 0 0 6859543 7297052 0 0 0 3872964 4207424 10732507 11504476 336806 417683 8784449 10208645 7805481 8811994 978968 1396651 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 10848206 453269 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 2024-2025 school year was 724. 10848206 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 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 22 0 1 129 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 0 1 0 0 MN X X The Organization 9524662276 1221 S Village Pkwy Cologne MN 55322 Amanda Daniel Vice Chair 5.00 X X 0 0 0 Brian Goldie Board Member 5.00 X 0 0 0 Craig Johnson Chair 5.00 X X 0 0 0 Nathan Kells Board Member 5.00 X 0 0 0 Matt Krause Treasurer 5.00 X X 0 0 0 Sheryl Reddig Secretary 5.00 X X 0 0 0 Helen Suhr Board Member/Teacher 42.00 2.00 X 71205 0 12806 Lynn Peterson Ex-Officio/Executive Director 45.00 2.00 X 122292 0 13165 Traci LaFerriere CFO 30.00 X 63704 0 11901 257201 0 37872 1 0 0 0 Benjamin Bus Inc 32611 Northfielf Blvd Northfield MN 55057 Transportation Services 826522 Quality First Janitorial & Maint Inc 3948 Lake Curve Ave N Robbinsdale MN 55422 Janitorial Services 155892 2 11264390 93547 38264 11357937 Fees From Patrons 611710 267399 267399 State Breakfast Revenue 611110 112317 112317 Med Assist 611710 52619 52619 E-Rate Revenue 611110 12510 12510 Food Sales To Adults 722514 4793 4793 3631 3631 453269 86850 86850 90720 89680 1040 1040 1040 28086 5023 23063 23063 11922159 453269 0 110953 270000 78000 192000 5435648 5249608 186040 734584 698833 35751 440456 431076 9380 416364 388692 27672 4759 4759 37040 37040 444341 374163 70178 326554 262632 63922 210822 181519 29303 1322082 1322082 972641 972641 232590 232365 225 27038 27038 Program Materials and S 629557 629557 11504476 10848206 656270 0 5812363 3333363 2270126 1300934 243594 1782 231336 119924 2919998 806533 646959 2113465 1850197 1069051 8784449 10208645 1356495 1401005 5476 9161 6443510 7401828 7805481 8811994 X 0 0 0 0 978968 1396651 978968 1396651 8784449 10208645 417683 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1628945 67873 1561072 577139 238559 338580 713914 500101 213813 2113465 Deferred Pension Outflows 1069051 1069051 Pension Liabilities 4454194 Deferred Pension Inflows 1318689 Lease Liabilities 1628945 7401828 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 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 19831 38264 Cost 0 0 0 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 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 compentence 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, confilct of interest policy, and financial statements available to the public upon request. 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 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 871869422 Building Company - Lease 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 1107220 Lease Agreement Cologne STARS Building Company K 187400 Lease Agreement