2024-03-05T15:11:00-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 4150 2ND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2022-07-01 352190032 TREKNORTH JUNIOR & SENIOR HIGH SCHOOL TREK 2184441888 2400 PINE RIDGE AVE NW BEMIDJI MN 56601 ERICA HARMSEN EXECUTIVE DIRECTOR 2184441888 2024-02-27 1 ERICA HARMSEN 999009999 0 KRISTIN L SCHMIDT CPA P01487323 3202035500 2024-02-27 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERICA HARMSEN 2400 PINE RIDGE AVE NW BEMIDJI MN 56601 5039139 0 X WWW.TREKNORTH.ORG X 1997 MN TREKNORTH JUNIOR AND SENIOR HIGH SCHOOL IS ORGANIZED FOR THE PURPOSE OF ESTABLISHING AND OPERATING A RESULTS-ORIENTED CHARTER SCHOOL. 9 4 70 4 0 0 4224378 4909673 70137 98385 -2718 -16377 18010 24998 4309807 5016679 500 500 0 0 2925258 2774044 0 0 0 1290136 1394396 4215894 4168940 93913 847739 4433535 5063739 4705493 3913184 -271958 1150555 TREKNORTH JUNIOR AND SENIOR HIGH SCHOOL PREPARES YOUNG PEOPLE TO MAKE A POSITIVE DIFFERENCE IN THEIR LOCAL AND GLOBAL COMMUNITIES. 0 0 3605999 500 98385 TREKNORTH JUNIOR AND SENIOR HIGH SCHOOL IS ORGANIZED FOR THE PURPOSE OF ESTABLISHING AND OPERATING A RESULTS ORENTED CHARTER SCHOOL PURSUANT TO MN STATUTES 124D.10 (1997). DURING THE FISCAL YEAR ENDED JUNE 30, 2023 THE SCHOOL HAD 252.07 AVERAGE DAILY MEMBERSHIP ENROLLED IN THE 6TH - 12TH GRADES. 3605999 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 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 1 0 0 0 1 9 0 70 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 4 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MN X ERICA HARMSEN 2184441888 2400 PINE RIDGE AVE NW BEMIDJI MN 56601 ERICA HARMSEN EX OFFICIO - EXEC DIRECTOR 38.00 X 95988 0 27665 CHANCE ADAMS DIRECTOR 29.00 X 79451 0 11375 TAMARA WORNER DIRECTOR 29.00 X 69860 0 7457 LISA FISHER DIRECTOR 29.00 X 64545 0 16649 NICOLE THOMPSON EX OFFICIO - SECRETARY 38.00 X 61196 0 19157 TARA KING DIRECTOR 29.00 X 54910 0 8773 ALEXIS PEARSON DIRECTOR 29.00 X 43523 0 9553 DAVE VANENGELENHOVEN CHAIRPERSON 1.00 X X 0 0 0 JENNIFER DUNHAM VICE CHAIR & TREASURER 1.00 X X 0 0 0 HILLARY ANDERSON DIRECTOR 1.00 X 0 0 0 LYDIA PIETREZEWSKI DIRECTOR 1.00 X 0 0 0 469473 0 100629 1 0 0 0 0 4878781 30892 4909673 LOCAL FEES 611110 79859 79859 FOOD SERVICE REVENUE 611110 18526 18526 98385 6083 6083 22460 -22460 -22460 -22460 MISCELLANEOUS INCOME 900099 24998 24998 24998 5016679 98385 0 8621 500 500 521793 443524 78269 235594 200255 35339 1532206 1359097 173109 115160 100443 14717 183275 163710 19565 186016 163649 22367 15734 15734 17843 17843 168221 131452 36769 279592 249901 29691 402184 402184 99978 99978 25370 23321 2049 79741 79741 38989 38989 28401 28401 SPECIAL EDUCATION EXPEN 83076 83076 CAPITAL OUTLAY EXPENSE 63336 63336 REPAIRS AND MAINTENANCE 45925 45925 DUES AND MEMBERSHIPS 36860 36860 9146 8258 888 4168940 3605999 562941 0 1612243 1771062 455362 450958 477566 1126604 13627 23749 42836 35628 536283 283928 228374 252355 1603527 1403383 4433535 5063739 384104 300250 4321389 3612934 4705493 3913184 X -489383 918562 217425 231993 0 0 -271958 1150555 4433535 5063739 X 847739 574774 X X 0 1 X 1 0 X 2470 500 500 2470 2470 500 500 2470 1087 1883 500 2470 886 701 500 1087 886 500 500 886 0.00000 0.00000 1.00000 0 0 57563 15339 42224 478720 268589 210131 252355 DEFERRED OUTFLOWS OF RESOURCES 1016064 RIGHT OF USE ASSETS 387319 1403383 DEFERRED INFLOWS OF RESOURCES 561251 CAPITAL LEASE OBLIGATION 407681 NET PENSION LIABILITY 2644002 3612934 5039139 0 5039139 -22460 -22460 5016679 4148918 18967 18967 4129951 38989 38989 4168940 PART V, LINE 4: TREKNORTH ENDOWMENT FUNDS SUPPORT THE VISION AND MISSION OF THE SCHOOL, PRIMARILY THROUGH PROGRAM SUPPORT OF OUR SERVICE LEARNING PROGRAM, OUTDOOR ADVENTURE PROGRAM AND ADVANCED PLACEMENT CURRICULUM. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF CAPITAL ASSETS -22,460. PART XII, LINE 2D - OTHER ADJUSTMENTS: CAPITAL OUTLAY EXPENSE 62,970. CAPITAL LEASES PRINCIPAL PAYMENTS 356,596. ROU ASSET AMORTIZATION -366,166. CHANGES DUE TO GASB 87 LEASE IMPLEMENTATION -34,433. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION 38,989. 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 AVAILABLE ON ITS WEBSITE, APPLICATION, BROCHURES, AND ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. 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 ALL PARENTS ARE SENT DOCUMENTS FOR BOARD NOMINATION AND BALLOTS FOR VOTING DURING ELECTION YEARS FOR ALL BOARD MEMBER POSITIONS (TEACHER, PARENT, AND COMMUNITY MEMBER). 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 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. ONCE THE FORM IS COMPLETED, A DRAFT IS REVIEWED BY THE ACCOUNTING SERVICES PROVIDER, THE EXECUTIVE DIRECTOR, AND BOARD CHAIR PRIOR TO FILING WITH THE IRS. THE DRAFT IS NOT REVIEWED BY THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS AND ALL SALARIED EMPLOYEES COMPLETE A FULL DISCLOSURE, WHICH INCLUDES THE MEMBER, SPOUSE, AND CLOSE RELATIVES TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. THE EXTERNAL AUDIT FIRM REVIEWS CONFLICT OF INTEREST FORMS ANNUALLY. THE BOARD OF DIRECTORS REVIEWS AND DETERMINES IF CONFLICTS OF INTEREST EXIST PER ITEM PER MEETING. INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST DO NOT VOTE ON THAT MATTER. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR COMPENSATION EVALUATION IS REVIEWED AND APPROVED BY THE BOARD USING COMPARABLE LOCAL AND LIKE-POPULATION DATA. THE EXECUTIVE DIRECTOR'S CONTRACT WAS NEGOTIATED THROUGH JUNE 30, 2025. PERFORMANCE EVALUATIONS ARE COMPLETED BY THE BOARD ANNUALLY. BOARD OFFICER POSITIONS ARE VOLUNTARY AND UNCOMPENSATED. BOARD MEMBERS WHO ARE ALSO TEACHERS AT TREKNORTH ARE COMPENSATED FOR THEIR TEACHING DUTIES. COMPENSATION FOR EMPLOYEES ARE EVALUATED ANNUALLY BY THE SALARY COMMITTEE USING LOCAL COMPARISONS AND THE VALUES OF TREKNORTH IN TERMS OF EMPLOYEE BENEFITS AND SATISFACTION. THE BOARD REVIEWED AND APPROVED THE EMPLOYEE COMPENSATION IN MAY 2023. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. 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 517,724. EARLY ELIMINATION OF LEASE LIABILITY 22,617. CHANGES DUE TO GASB 87 LEASE 34,433. FORM 990, PART XII, LINE 1: EXPLANATION FOR 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. TREKNORTH ABC 2400 PINE RIDGE AVE NW BEMIDJI MN 56601 821581292 AQUIRE OR CONSTRUCT REAL ESTATE FOR THE SCHOOL MN 501(C)(3) LINE 12A, I TREKNORTH JUNIOR AND SENIOR HIGHSCHOOL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0