2026-07-15T16:57:17-05:00 2025-08-31 450250958 Eide Bailly LLP 877 W Main St Ste 800 Boise ID 837025858 990 2024-09-01 471091821 Spokane International Academy SPOK 5092098730 777 E Magnesium Rd Spokane WA 99208 Sam Schweda Chief Financial Officer 5092098730 2026-07-15 1 1 Kimberly C Nelson CPA P01887713 2083447150 2026-07-15 2024 2025-03-06 01:10:19Z Morgen Flowers Washington 777 E Magnesium Rd Spokane WA 99208 13822268 0 X www.spokaneintlacademy.org X 2014 WA Education that focuses on high academic standards, developing strong character & global world view. 9 9 153 150 0 0 13437394 13774938 31152 46360 76 970 0 0 13468622 13822268 0 0 0 0 8259305 8978107 0 0 0 4809687 5172288 13068992 14150395 399630 -328127 28773077 27808392 21187987 20730260 7585090 7078132 Spokane International Academy empowers its students with the academic skills, habits of mind and global competence necessary to complete advanced courses in high school and a four-year college degree in order to become leaders who can powerfully transform our communities. 0 0 9330295 46360 Spokane International Academy educated and served 823 students enrolled in kindergarten through 12th grade for the 2024-2025 school year. Neither students nor their families were required to pay tuition or other costs. During the school year we raised ample funds via fundraising and in-kind donations to support our education efforts. 9330295 1 1 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 8 0 1 153 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X Sam Schweda 5092098730 777 E Magnesium Rd Spokane WA 99208 Cassie Anderson Board Chair 0.50 0.00 X X 0 0 0 Jeff Hyslop Until 72025 Vice Chair 0.50 0.00 X X 0 0 0 Guillermo Espinosa Secretary 0.50 0.00 X X 0 0 0 Dr Matt Hoag Until 72025 Treasurer 0.50 0.00 X X 0 0 0 Ken Vorhees Until 72025 Board Member 0.50 0.00 X 0 0 0 Bob Castle Board Member 0.50 0.00 X 0 0 0 John Pell Board Member 0.50 0.00 X 0 0 0 David James Board Member 0.50 0.00 X 0 0 0 Maureen Rosette Board Member 0.50 0.00 X 0 0 0 Ashlee Lent Board Member 0.50 0.00 X 0 0 0 Ron Poplawski Board Member 0.50 0.00 X 0 0 0 Javier Medina From 82024 Board Member 0.50 0.00 X 0 0 0 Morgen Flowers-Washington Head of School 40.00 0.00 X 165731 0 29624 Sam Schweda Chief Financial Officer 40.00 0.00 X 129577 0 27437 Caryn Mcgee Curriculum Director 40.00 0.00 X 117235 0 24933 Mathias Sanders Assistant Principal 40.00 0.00 X 123107 0 25518 Julie Stannard Teacher 40.00 0.00 X 107846 0 23982 643496 0 131494 5 0 1 0 Harlows School Bus 5607 E Desmet Ave Spokane Valley WA 99212 Student Bussing Services 715517 Inland Northwest Therapy 123 W Cascade Way Spokane WA 99218 School Psych, OT, PT, SLP Services 291775 2 12760791 1014147 13774938 46360 46360 46360 970 970 13822268 46360 0 970 366259 329633 36626 6328043 5500498 827545 122033 102821 19212 1614808 1354317 260491 546964 476766 70198 21366 21366 61924 61924 818548 305938 512610 4107 4107 750116 179456 570660 139760 90144 49616 368366 13466 354900 711107 44845 666262 182709 179303 3406 780091 780091 1134151 753108 381043 187048 187048 12995 12995 14150395 9330295 4820100 0 5450095 4953216 1356329 1387080 21745 72579 55202 36304 23418061 4081469 20236378 19336592 1653328 2022621 28773077 27808392 381712 286814 68916 0 19268439 18938830 1468920 1504616 21187987 20730260 X 0 0 767246 173087 6817844 6905045 7585090 7078132 28773077 27808392 X -328127 -1209 -177622 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1100000 1100000 10200000 1126250 9073750 11603691 2675717 8927974 358908 206620 152288 155462 72882 82580 19336592 Deferred Outflow of Resources 1751753 Net Pension Asset 270868 2022621 Net Pension Liability 619993 Deferred Inflows - Pensions 597858 Lease Obligations 86225 Compensated Absences 200540 1504616 X 13822268 0 13822268 0 13822268 14150395 0 14150395 0 14150395 Part X, Line 2: The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the School may recognize tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal year 2025. The School files a Form 990 in the U.S. federal jurisdiction. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Non-discriminatory policies are made public during registration periods and are always displayed on the school website's homepage. Schedule E, Part I, Line 4 As a public charter school we do not provide scholarships or financial aid. Schedule E, Part I, Line 6 The State of Washington is the primary funding source of Spokane International Academy. The school also receives federal grants under Title I, Title II and Title IV. X 0 0 0 0 0 0 0 0 0 Morgen Flowers-Washington Head of School 165731 0 0 0 0 0 16112 0 13512 0 195355 0 0 0 Sam Schweda Chief Financial Officer 129577 0 0 0 0 0 13925 0 13512 0 157014 0 0 0 Form 990, Schedule J Part II, Column C The Organization participates in Washington State defined benefit plans managed by the Washington State Department of Retirement Systems. Due to the size and varied participants in this plan the actuarial value is not calculated on a per employee basis. The amount included in column C for deferred compensation includes the actual contributions to the plan but does not include any amount for a reasonable estimate of the increase in actuarial value. A Washington State Housing Finance Commission 911874730 93978LGH3 2021-03-23 19551908 See Part VI 0 0 0 A 850000 19551908 1086543 390000 17315145 760220 2022 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 0 A 1 Schedule K, Part I, Column F Series 2021A bonds issued 3/23/2021 to fund the acquisition of land and building structures to support the development of the school. Portion of the proceeds were to refund a taxable bond issued 8/5/2020. Form 990, Part VI, Section A, line 8b No committee with broad authority was active during the fiscal year. Form 990, Part VI, Section B, line 11b The Form 990 and all required supporting schedules are reviewed by the Board before filing. The Board receives a copy of the Form 990 and the required schedules prior to filing to review for completeness and correctness. Form 990, Part VI, Section B, line 12c Our conflict-of-interest policy covers both the Board of Directors and Employees of the Organization. Conflicts are monitored on a continual basis and if any conflicts were to arise, they would be reviewed by the board. If a conflict is found then the board member with the conflict will abstain from voting. Form 990, Part VI, Section B, line 15 The Board utilized comparability data to help determine the Head of School and Chief Financial Officer's initial compensation. Every year the Chief Financial Officer proposes updates to compensation which is then presented to the Board of Directors who vote and approve of any adjustments on an annual basis as part of the annual budget process. The process is recorded in the Board minutes. Form 990, Part VI, Section C, line 19 The school makes its Form 990, governing documents and conflict of interest policy available to the public by providing copies upon request or allowing inspection at its office. Form 990, Part XI, line 9: Restatement Related to Adoption of Accounting Principle -177,622. Spokane International Academy - Magnesium LLC 777 E Magnesium Rd Spokane WA 99208 862440293 Real Estate Holding WA 1142275 19509159 Spokane International Academy