2024-05-15T13:24:11-05:00 2023-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-07-01 421087681 Bergman Academy BERG 5152740453 100 45th St Des Moines IA 50312 Andrew Dorr Chair of the Board 5152740453 2024-05-14 1 Andrew Dorr 999009999 1 Kim Hunwardsen CPA P00484560 6122536500 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Christine Newton 100 45th St Des Moines IA 50312 4333350 0 X www.bergmanacademy.org X 1977 IA Provide project-based and real learning opportunities for preschool through eighth grade. 11 10 88 75 0 0 670939 323330 3999232 3985953 -17716 -174478 12870 -9364 4665325 4125441 169215 178775 0 0 2943647 3213857 0 0 33228 1467168 1481682 4580030 4874314 85295 -748873 5876490 5798469 2557346 3922189 3319144 1876280 X Our mission is to provide an environment that nurtures total development while guiding students toward the joy of lifelong learning. 0 0 4137608 178775 3976589 Bergman Academy empowers, supports, and inspires students to reach high. Reimagining the possibilities of education, our classrooms look intentionally different. Guided by our key values, lessons are challenging, yet joyful, as we encourage all children to grow as curious, creative, and ethically minded learners.We see each child as a unique learner with an individual timing of growth. Differentiated guided instruction in small classrooms allows teachers to respond to individual learning styles. Accelerated students can be challenged while remaining with their peers and participating in advanced enrichment projects. (Continued on Schedule O)We keep our classes intentionally small to benefit our learners. Small student-to-teacher ratios (7:1 preschool, 9:1 pre-kindergarten and 16:1 kindergarten-eighth grade) allow our teachers to build personal relationships with all students. We want children to love school and be excited about learning each day. From pond studies in the park, to geocaching in the woods, to visiting local cultural and educational treasures like the Civic Center and the Historical Society, students experience engaging project-based and experiential learning opportunities. 4137608 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 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 19 0 1 88 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 0 0 X Christine Newton 5152740453 100 45th Street Des Moines IA 50312 Christie Stover Head of School 50.00 X 147920 0 7609 Christine Newton Director of Finance and Operations 50.00 X 67228 0 30446 Andrew Dorr Chair 5.00 X X 0 0 0 Timothy Whipple Vice Chair 5.00 X X 0 0 0 Thomas Bernau Past Chair 5.00 X X 0 0 0 Jonathan Swanson Treasurer 5.00 X X 0 0 0 R Scott Johnson Director 5.00 X 0 0 0 Michelle Gartner Director 5.00 X 0 0 0 Yulia Johnson Director 5.00 X 0 0 0 Julie Larson Director-At-Large 5.00 X 0 0 0 Frank Levy Director-At-Large 5.00 X 0 0 0 Laird Nossuli Director-At-Large 5.00 X 0 0 0 Jason Pontius Director-At-Large 5.00 X 0 0 0 215148 0 38055 1 0 1 0 0 323330 32495 323330 Tuition & Fees 611600 3708964 3708964 276989 276989 3985953 12400 12400 75 0 186953 75 -186953 -186878 -186878 11592 20956 -9364 -9364 4125441 3976589 0 -174478 178775 178775 249514 55170 194344 61513 61513 2494366 2166700 327666 90435 80249 10186 116942 108540 8402 201087 165005 36082 22470 18438 4032 31035 31035 24873 23764 1109 181369 142872 37550 947 51624 51624 296838 278099 18739 93237 88575 4662 352638 335006 17632 26054 26054 Financial Aid Expense 225840 185316 40524 Classroom Equipment 118859 118859 Direct Fundraising Expe 32281 32281 Recreational Activities 16743 16743 7821 5271 2550 4874314 4137608 703478 33228 67 41 1105797 390459 701942 51100 47860 1888 26481 9926 43878 44879 6234404 2512352 3934822 3722052 15643 1578124 5876490 5798469 170627 268861 248940 154000 1932933 1607524 204846 1891804 2557346 3922189 X 1911887 1332929 1407257 543351 3319144 1876280 5876490 5798469 X -748873 455 -694446 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2600 2600 5413017 2171238 3241779 658808 287932 370876 159979 53182 106797 3722052 Endowments 16278 Right of Use Asset 1561846 1578124 Interest Rate Swap 50427 Prepaid Tuition 101357 Finance lease liability 70840 Operating lease liability 1669180 1891804 X 4153018 455 14870 -195658 -180333 4333351 -207910 -207910 4125441 5595882 14870 885473 900343 4695539 178775 178775 4874314 Part X, Line 2: Management believes that the Academy has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. Part XI, Line 2d - Other Adjustments: Financial aid included in revenue for financial statements -178,775. Change in value of interest rate swap included in revenue for financial stmt -16,883. Part XI, Line 4b - Other Adjustments: Loss on disposal of fixed assets included in expenses for financial stmts -186,954. Cost of goods sold included in expenses for financial statements -20,956. Part XII, Line 2d - Other Adjustments: Loss of disposal of fixed assets included in expenses for financial stmts 186,954. Cost of goods sold included in expenses for financial statements 20,956. Loss on uncollectible promises to give 677,563. Part XII, Line 4b - Other Adjustments: Financial aid included in revenue for financial statements 178,775. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 The racially nondiscriminatory policy is included in all Bergman Academy's brochures and applications and on its website located at https://www.bergmanacademy.org/nondiscriminatory-policy. 1 Financial Assistance 46 178775 Part I, Line 2: All families complete a Financial Aid Independent Review (FAIR) application annually between January and April 15th and submit current tax returns. Each family requests the amount of financial aid they believe they need. The applications are reviewed by the Head of School, Director of Finance and Operations, and Director of Admission and Marketing. The families are notified of the amount of finanical assistance and must sign the letter to accept the assistance. If a family feels they need more aid than what was originally approved, they can write a letter to the committee to be reviewed for possible additional funding. All information is confidential. X 0 0 0 0 0 0 0 0 0 Christie Stover Head of School 135962 0 11958 0 0 0 6770 0 1816 0 156506 0 0 0 Joshua Asner Family relationship to Yulia Johnson, Board Director 61513 Compensation as employee 0 X Auction Items 100 32495 Selling Price 0 0 1 0 Part I, Column (b): The Organization is reporting in Part I, column (b) the number of contributions. Form 990, Part VI, Section A, line 8b The Organization does not have a committee with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Form 990 is provided to the Board of Trustees for review before it is filed. The Director of Finance and Operations reviews the Form 990. Form 990, Part VI, Section B, line 12c The conflict of interest policy applies to board Trustees, officers, administrators, faculty and other employees. Conflict statements are completed annually and are required to be disclosed by notification to the Board of Trustees. This may be the person with the conflict or any person with knowledge of a conflict. The Board of Trustees reviews any potential conflicts and provides guidance on the appropriate action needed. Form 990, Part VI, Section B, line 15a The compensation for the Head of School is reviewed and approved by the Board of Trustees in a private board meeting. Compensation adjustments are based on the overall percentage approval for all staff and is comparable with other similar organizations by size and structure. The review is completed annually in May. The review and determination is documented in the personnel file. Compensation for the Director of Finance and Operations is reviewed and approved by the Head of School. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available for review upon request at Bergman Academy's address. Form 990, Part XI, line 9: Change in Value of Interest Rate Swap -16,883. Loss on uncollectible promises to give -677,563.