2024-05-08T10:55:21-05:00 2023-06-30 471019942 CREATIVE PLANNING TAX LLC 12100 MEREDITH DR SUITE 200 URBANDALE IA 50323 990 2022-07-01 201161981 STRIDE ACADEMY STRI 3202305340 3241 OAKHAM LANE ST CLOUD MN 56303 ERIC SKANSON EXECUTIVE DIRECTOR 3202305340 2024-05-06 1 ERIC SKANSON 999009999 0 MICHELLE HEKEL CPA P01440878 5157275700 2024-05-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERIC SKANSON 3241 OAKHAM LANE ST CLOUD MN 56303 8820710 0 X WWW.STRIDEACADEMY.ORG X 2004 MN OPERATION OF CHARTER SCHOOL IN ST. CLOUD, MINNESOTA. 6 3 120 20 0 0 8578539 8573049 11726 212026 344 -3069 3896 21329 8594505 8803335 0 0 0 0 4428288 4658876 0 0 0 2854385 3545440 7282673 8204316 1311832 599019 4457722 4983951 7086679 5502172 -2628957 -518221 X STRIDE ACADEMY NURTURES INDIVIDUALS WHILE FOSTERING LEADERSHIP AND EMPOWERING STUDENTS TO ATTAIN THEIR HIGHEST POTENTIAL IN A FAMILY-CENTERED ENVIRONMENT. 0 0 7196819 234013 STRIDE ACADEMY IS A PUBLIC CHARTER SCHOOL THAT AIMS TO BE HIGHLY REGARDED FOR ITS APPROACH TO THE WHOLE CHILD, ITS ACADEMIC EXCELLENCE, AND FOR ITS CONTRIBUTION IN ACTIVELY SERVING AND IMPROVING THE COMMUNITY. STRIDE VALUES EFFECTIVE COMMUNITY COLLABORATION, BUILDING A SENSE OF PHYSICAL, SOCIAL, AND EMOTIONAL WELLBEING AMONG STUDENTS, AND POSITIVE AND CULTURALLY RESPONSIVE PRACTICES THAT INCREASE SCHOOL CONNECTEDNESS. STRIDE STRIVES TO TEACH STUDENTS EFFECTIVE CRITICAL THINKING SKILLS, IN ADDITION TO COMPASSIONATE RESPONSES, AND HIGH EMOTIONAL INTELLIGENCE IN ORDER TO FOSTER SUCCESSFUL LEADERS OF TODAY AND OF THE FUTURE. STRIDE ACADEMY OFFERS INDIVIDUALIZED LEARNING THROUGH FOCUSED AND COLLABORATIVE DIFFERENTIATION PROCESSES, INCLUDING DYSLEXIA PROGRAMMING, ENGLISH LANGUAGE SERVICES, AND SOCIAL EMOTIONAL LEARNING INITIATIVES. DURING FY23 STRIDE ACADEMY SERVED 540 STUDENTS. 7196819 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 1 14 0 1 120 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MN X CREATIVE PLANNING 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 BLOOMINGTON MN 554314420 X SARA FROMM BOARD CHAIR 1.00 0.00 X X 0 0 0 ANDY LYMAN VICE CHAIR/TEACHER 45.00 0.00 X X 65358 0 12882 HASSAN SHURIYE MEMBER/TEACHER 45.00 0.00 X 17960 0 1536 KAYLA SILVERBERG MEMBER/TEACHER 45.00 0.00 X 53116 0 8410 TINA BARAK MEMBER 1.00 0.00 X 0 0 0 AARON LUNDBLAD MEMBER 1.00 0.00 X 0 0 0 HASSAN YUSSUF MEMBER (RESIGNED 5/2023) 1.00 0.00 X 0 0 0 AHMED AHMED MEMBER (RESIGNED 5/2023) 1.00 0.00 X 0 0 0 JOE PUNDSACK TREASURER (RESIGNED 7/2022) 1.00 0.00 X X 0 0 0 ERIC SKANSON EXECUTIVE DIRECTOR 50.00 1.00 X 77907 0 13344 NATHAN SCHWIETERS PRINCIPAL 45.00 1.00 X 107505 0 19089 321846 0 55261 1 0 0 0 NEW HORIZON FOOD PO BOX 860246 MINNEAPOLIS MN 55486 SCHOOL LUNCH SERVICE 357343 ENVIROTECH BUILDING SERVICES 250 SUNDIAL DRIVE WAITE PARK MN 56387 JANITORIAL SERVICES 148348 BERGANKDV PO BOX 735505 DALLAS TX 75373 FINANCIAL MANAGEMENT 114918 3 8569323 3726 8573049 FOOD SALES 611710 198861 198861 FEES FROM PATRONS 611110 8927 8927 MEDICAL ASSISTANCE 611110 4238 4238 212026 12087 12087 15156 -15156 -15156 -15156 1561 2219 -658 -658 MISCELLANEOUS REVENUE 900099 21987 21987 21987 8803335 234013 0 -3727 X 378593 217324 161269 3326278 3088994 237284 278767 244925 33842 389386 344488 44898 285852 243841 42011 938 938 141068 141068 1041475 1012379 29096 7987 1350 6637 442858 186368 256490 1338807 1338330 477 69597 69597 48203 47731 472 56239 55070 1169 39885 39885 INSTRUCTIONAL SUPPLIES 217182 217182 EQUIPT RENTAL & MAINT 83143 78283 4860 DUES & MEMBERSHIPS 50439 3453 46986 FIELD TRIPS 7619 7619 8204316 7196819 1007497 0 X 249020 250169 726594 1331616 1331338 1308867 9724 68500 860338 329818 393062 530520 1747984 1494279 4457722 4983951 438089 663859 5609 57142 6585839 4838313 7086679 5502172 X -3022019 -1048741 393062 530520 0 0 -2628957 -518221 4457722 4983951 X 599019 1511717 X 0 1 X 1 0 X 404348 128655 275693 455990 201163 254827 530520 DEFERRED OUTFLOWS - PENSION 1370034 DUE FROM BUILDING COMPANY 124245 1494279 NET PENSION LIABILITY 4211893 DEFERRED INFLOWS - PENSION 562353 SEVERANCE PAYABLE 64067 4838313 X PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACADEMY ALSO QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER APPLICABLE STATUTES OF THE STATE OF MINNESOTA. MANAGEMENT BELIEVES THAT IT IS NOT REASONABLY POSSIBLE FOR ANY TAX POSITION BENEFITS TO INCREASE OR DECREASE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. AS OF JUNE 30, 2023, THERE WERE NO INCOME TAX RELATED ACCRUED INTEREST OR PENALTIES RECOGNIZED IN EITHER THE STATEMENT OF FINANCIAL POSITION OR THE STATEMENT OF ACTIVITIES. THE ACADEMY FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND IN THE MINNESOTA STATE JURISDICTION. U.S. FEDERAL RETURNS AND MINNESOTA RETURNS FOR THE PRIOR THREE YEARS ARE CLOSED. NO RETURNS ARE CURRENTLY UNDER EXAMINATION IN ANY TAX JURISDICTION. 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 ACADEMY'S NONDISCRIMINATION POLICY IS PUBLISHED IN ITS PARENT-STUDENT HANDBOOK, IN ITS STAFF HANDBOOK, AND ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE ACADEMY RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. KHADRO ABDI SPOUSE TO BOARD MEMBER AHMED AHMED 21803 PAYROLL 0 AMINA WARFA SPOUSE TO BOARD MEMBER HASSAN YUSSUF 13386 PAYROLL 0 FORM 990, SCHEDULE L, PART IV ALL TRANSACTIONS FOR RELATED PARTY PAYROLL ARE COMPENSATED AT FMV. FORM 990, PART VI, SECTION A, LINE 7A AS PER MN STATUTE 124E.07, STAFF MEMBERS EMPLOYED AT THE SCHOOL, INCLUDING TEACHERS PROVIDING INSTRUCTION UNDER A CONTRACT, MEMBERS OF THE BOARD OF DIRECTORS, AND ALL PARENTS OR LEGAL GUARDIANS OF CHILDREN ENROLLED IN THE SCHOOL ARE THE VOTERS ELIGIBLE TO ELECT THE MEMBERS OF THE SCHOOLS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE DIRECTOR AND BUSINESS MANAGER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ACADEMY'S CONFLICT OF INTEREST POLICY APPLIES TO ITS DIRECTORS AND OFFICERS. DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY KNOWN OR POTENTIAL CONFLICTS OF INTEREST IN WRITING TO THE BOARD OF DIRECTORS PRIOR TO THE TIME SET FOR VOTING ON ANY SUCH TRANSACTION. THE INDIVIDUAL WITH A CONFLICT MAY NOT ATTEMPT TO INFLUENCE THE DECISIONS OF OTHER DIRECTORS IN VOTING ON THE MATTER AND MAY NOT BE PRESENT DURING A VOTE ON THE MATTER. THE SITUATION IS DOCUMENTED IN THE BOARD MINUTES. FAILURE TO BRING NOTICE OF A POTENTIAL CONFLICT OF INTEREST TO THE ATTENTION OF THE BOARD MAY CONSTITUTE CAUSE FOR REMOVAL OF THE INDIVIDUAL FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 DETERMINATION OF THE COMPENSATION OF ALL EMPLOYEES INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION IN THE BOARD MINUTES. THIS PROCESS INCLUDED THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A: PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE LICENSED TEACHERS AS MEMBERS OF THE BOARD OF DIRECTORS. ANDY LYMAN, KAYLA SILVERBERG, AND HASSAN SHURIYE ARE BOARD MEMBERS BUT RECEIVE COMPENSATION FOR THEIR SERVICES AS TEACHERS. FORM 990, PART IX, LINE 11G OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 518,938. MANAGEMENT AND GENERAL EXPENSES 29,096. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 548,034. FOOD SERVICE: PROGRAM SERVICE EXPENSES 398,313. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 398,313. STUDENT TRANSPORTATION: PROGRAM SERVICE EXPENSES 95,128. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,128. FORM 990, PART X, LINE 25: PENSION LIABILITIES, DEFERRED OUTFLOWS & INFLOWS PENSION: AS A CHARTER SCHOOL IN THE STATE OF MINNESOTA, PARTICIPATION IN TWO MULTIPLE-EMPLOYER, COST-SHARING DEFINED BENEFIT PENSION PLANS IS STATUTORILY REQUIRED. THE SCHOOL'S CONTRIBUTIONS TO THE PLANS ARE ALSO REGULATED BY STATUTE AND ARE BASED ON A PERCENTAGE OF SALARIES AND WAGES EARNED BY CURRENT EMPLOYEES. THEREFORE, WHILE THE NET PENSION LIABILITY, DEFERRED OUTFLOWS AND INFLOWS, ARE REPORTED ON THE SCHOOL'S STATEMENT OF NET POSITION, THE SCHOOL IS NOT IN A POSITION TO DIRECTLY CONTROL THE LIABILITIES OR THE SUBSEQUENT LIQUIDATION OF THE LIABILITIES. FORM 990, PART XI, LINE 9: PENSION ADJUSTMENT 1,511,717. STRIDE ACADEMY BUILDING COMPANY 3241 OAKHAM LN ST CLOUD MN 56301 300881418 RENTAL PROPERTY MN 501(C)(3) LINE 12A, I STRIDE ACADEMY 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 STRIDE ACADEMY BUILDING COMPANY K 1275672 LEASE AGREEMENT STRIDE ACADEMY BUILDING COMPANY D 124245 YEAR-END BALANCE