2024-05-14T18:55:45-05:00 2023-06-30 471019942 CREATIVE PLANNING TAX LLC 12100 MEREDITH DR SUITE 200 URBANDALE IA 50323 990 2022-07-01 562443462 TWIN CITIES GERMAN IMMERSION SCHOOL TWIN 6514927106 1031 COMO AVE ST PAUL MN 55103 KAREN KLINZING EXECUTIVE DIRECTOR 6514927106 2024-05-08 1 KAREN KLINZING 999009999 0 MICHELLE HEKEL CPA P01440878 5157275700 2024-05-08 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREN KLINZING 1031 COMO AVE ST PAUL MN 55103 9238433 0 X WWW.TCGIS.ORG X 2004 MN OPERATION OF A GERMAN IMMERSION CHARTER SCHOOL FOR STUDENTS IN GRADES K-8 11 9 183 130 0 0 7699645 8428555 490346 794488 4880 -10238 2931 2078 8197802 9214883 0 0 0 0 5305486 6123504 0 0 0 3031557 2846415 8337043 8969919 -139241 244964 5393221 5317715 7314867 6393524 -1921646 -1075809 X TWIN CITIES GERMAN IMMERSION SCHOOL IS A MINNESOTA PUBLIC CHARTER SCHOOL WITH INNOVATIVE EDUCATION OF THE WHOLE CHILD THROUGH GERMAN IMMERSION. WE WORK TO EDUCATE MULTILINGUAL WORLD CITIZENS WHO LISTEN TO OTHERS, SEE OTHERS, AND THINK AND ACT WITH AN OPEN MIND UNDER THE SPONSORSHIP OF ST THOMAS UNIVERSITY. OUR SCHOOL VALUES CURIOSITY, COMMUNITY, CHALLENGE AND SUPPORT, KINDNESS AND INTERCULTURAL ENGAGEMENT. 0 0 8075186 797297 TWIN CITIES GERMAN IMMERSION SCHOOL PROVIDES EDUCATION PROGRAMS TO STUDENTS IN GRADES KINDERGARTEN THROUGH 8 THROUGH GERMAN IMMERSION CURRICULUM. AVERAGE DAILY ENROLLMENT FOR THE YEAR ENDED JUNE 30, 2023 WAS 615. 8075186 1 1 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 0 0 0 0 0 0 0 0 1 1 1 0 0 1 24 0 1 183 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 0 0 MN X CREATIVE PLANNING 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 BLOOMINGTON MN 554314420 X JULIE ALKATOUT BOARD CHAIR 1.00 0.00 X X 0 0 0 EMILY ALBERS VICE CHAIR/TEACHER 40.00 0.00 X X 42328 0 9749 MEGAN DAYTON SECRETARY 1.00 0.00 X X 0 0 0 RICHARD HEID TREASURER 1.00 0.00 X X 0 0 0 KEVIN EBERHARD MEMBER/TEACHER 40.00 0.00 X 61959 0 5998 SILKE MOELLER MEMBER 1.00 0.00 X 0 0 0 JENNIFER KWON DOBBS MEMBER 1.00 0.00 X 0 0 0 KERSTEN REICH MEMBER 1.00 0.00 X 0 0 0 WONDI TESFAYESUS MEMBER 1.00 0.00 X 0 0 0 LAURIE HARTMAN MEMBER 1.00 0.00 X 0 0 0 LUBBERT KRUIZENGA MEMBER 1.00 0.00 X 0 0 0 KIRSTEN CHRISTENSEN EXECUTIVE DIRECTOR 40.00 1.00 X 118737 0 17463 CAROL MECHLENBURG PSYCHOLOGIST 40.00 0.00 X 107201 0 15955 330225 0 49165 2 0 0 0 COLLABORATIVE STUDENT TRANSPORTATION OF 615 1ST AVE NE 115 MINNEAPOLIS MN 55413 STUDENT TRANSPORTATION 204460 DONE RIGHT FOODS PO BOX 21153 COLUMBIA HEIGHTS MN 55421 FOOD SERVICE 174273 WORDPLAY SPEECH AND LANGUAGE 9124 KELL AVE SOUTH BLOOMINGTON MN 55437 SPECIAL EDUCATION SPEECH SERVICES 131122 3 8193475 235080 8428555 OTHER ACTIVITIES FEES 611600 567342 567342 FOOD SALES 611600 151338 151338 COMM ED AFTER SCHOOL 611600 70216 70216 MEDICAL ASSISTANCE 611600 5592 5592 794488 4422 4422 14660 -14660 -14660 -14660 8159 8890 -731 -731 MISC REVENUE 611600 2809 2809 2809 9214883 797297 0 -10969 253868 121528 132340 4471159 4215422 255737 620824 595860 24964 461274 390629 70645 316379 283207 33172 35539 35539 122430 122430 677564 623565 53999 116818 64931 51887 121169 84101 37068 1117579 1116957 622 1750 1750 91613 90041 1572 2210 2210 85268 81991 3277 86053 55344 30709 FIELD TRIPS 180044 180044 EQUIP RENTAL & REPAIRS 92381 92381 INSTRUCTIONAL SUPPLIES 74955 74955 DUES & MEMBERSHIPS 41042 2020 39022 8969919 8075186 894733 0 X 2002930 2089269 986711 1023170 59402 26440 583045 252947 338770 330098 2005408 1848738 5393221 5317715 570625 565924 107717 41615 101471 6535054 5785985 7314867 6393524 X -2339662 -1448832 418016 373023 0 0 -1921646 -1075809 5393221 5317715 X 244964 600873 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 339493 116437 223056 243552 136510 107042 330098 DEFERRED OUTFLOW - PENSION 1588494 DUE FROM TWIN CITIES GERMAN BUILDING COMPANY 217319 RIGHT OF USE ASSETS 42925 1848738 NET PENSION LIABILITIES 4947581 DEFERRED INFLOWS - DEFERRED PENSION RESOURCES 800376 RIGHT OF USE LIABILITIES 38028 5785985 X PART X, LINE 2: THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL 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 SCHOOL 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 FISCAL 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 TWIN CITIES GERMAN IMMERSION SCHOOL'S NON-DISCRIMINATORY POLICY IS AVAILABLE ON THE WEBSITE. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. FORM 990, PART VI, SECTION A, LINE 7A ALL STAFF, FAMILIES OF CHILDREN ENROLLED AT THE SCHOOL AND INTERESTED COMMUNITY MEMBERS ARE ELIGIBLE TO ELECT THE MEMBERS OF THE SCHOOL'S 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 FORM 990 IS PREPARED BY THEIR ACCOUNTANT AND IS REVIEWED BY THE DIRECTOR. THE PUBLIC DISCLOSURE VERSION OF THE FORM 990 IS THEN PRESENTED TO THE FINANCE COMMITTEE AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ANNUALLY COMPLETE A CONFLICT OF INTEREST STATEMENT WHICH IS REVIEWED AND UPDATED AS NECESSARY. IF A BUSINESS TRANSACTION OCCURS THAT COULD VIOLATE THE CONFLICT OF INTEREST POLICY, THEN A REVIEW MUST BE MADE BY THE DIRECTOR AND BOARD OF DIRECTORS WITH DIRECT REFERENCE TO THE CONFLICT OF INTEREST POLICY. INDIVIDUALS FOUND TO HAVE A CONFLICT OF INTEREST WILL NOT BE PERMITTED TO VOTE ON THE TRANSACTION. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETINGS MINUTES. AS OF THE TIME OF THIS FILING, THE COMMITTEE IS IN THE PROCESS OF REVISING ITS CONFLICT OF INTEREST POLICY, WHICH MAY BE IN EFFECT IN FY23. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE SCHOOL DIRECTOR IS COMPUTED WITH RESEARCH OF COMPARABLE SALARIES THROUGH MACS CHARTER SCHOOLS BY THE BOARD OF DIRECTORS AND DOCUMENTED IN A LETTER OF OFFICER. THE BOARD OF DIRECTORS EVALUATES THE EXECUTIVE DIRECTOR ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: RELATED BOARD MEMBERS PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE LICENSED TEACHERS AS MEMBERS OF THE BOARD OF DIRECTORS. EMILY ALBERS AND KEVIN EBERHARD ARE BOARD MEMBERS BUT RECEIVED COMPENSATION FOR THEIR SERVICES AS TEACHERS. FORM 990, PART X, LINE 25: PENSION LIABILITIES, NET OF PENSION DEFERRED OUTFLOWS & INFLOWS: 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 IS REPORTED ON THE SCHOOL'S STATEMENT OF NET POSITION, THE SCHOOL IS NOT IN A POSITION TO DIRECTLY CONTROL THE LIABILITY OR THE SUBSEQUENT LIQUIDATION OF THE LIABILITY. FORM 990, PART XI, LINE 9: GASB 68 - PENSION ADJUSTMENT 600,873. TCGIS BUILDING COMPANY 1031 COMO AVE ST PAUL MN 55103 472584746 RENTAL PROPERTY MN 501(C)(3) LINE 12A, I TWIN CITIES GERMAN IMMERSION SCHOOL 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 TCGIS BUILDING COMPANY K 1002188 LEASE AGREEMENT TCGIS BUILDING COMPANY D 217319 CASH BALANCE