2024-03-05T16:04:00-06:00 2023-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2022-07-01 853071511 NECP ABC NECP 6122488243 300 Industrial Blvd NE Minneapolis MN 55413 Kumi Smith Chair 6122488243 2024-02-29 1 Kumi Smith XXX-XX-XXXX 1 Steven D Anseth CPA P00552219 9528359090 2024-01-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Kumi Smith 300 Industrial Blvd NE Minneapolis MN 55413 694301 0 X northeastcollegeprep.org X 2020 MN To support the mission and vision of Northeast College Prep through the ownership of real property. 3 3 0 3 0 0 56541 0 690279 658710 190 24760 10831 10831 757841 694301 0 0 0 0 0 0 0 0 0 696863 894684 696863 894684 60978 -200383 8460082 8215688 9246878 9202867 -786796 -987179 To support the mission and vision of Northeast College Prep through the ownership of real property. 0 0 854949 658710 During the past 2021-2022 school year, NECP ABC was able to purchase a building located at 300 Industrial Blvd. NE in Minneapolis in order to facilitate the school activities carried out by the related School, Northeast College Prep Charter School. In the current year, the Organization worked to lease the building out to four nonprofits. 854949 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X X The Organization 6122488243 300 Industrial Blvd NE Minneapolis MN 55413 X Kumi Smith Chair 1.00 X X 0 0 0 Scott Flemming Secretary 1.00 X X 0 0 0 Steve Cunning Member 1.00 X 0 0 0 0 0 0 0 0 0 0 0 Rent 531120 658710 658710 658710 24760 24760 Bond Premium Amortizat 900099 10831 10831 10831 694301 658710 0 35591 18510 18510 3950 3950 18150 875 17275 3438 3438 431976 431976 166147 166147 128816 128816 Equipment 64395 64395 Taxes 45203 45203 Repairs and Maintenance 7878 7878 Supplies 6221 6221 894684 854949 39735 0 193045 25968 984902 1049879 11300 17582 4847 7702603 567609 7253253 7134994 8460082 8215688 234858 296428 250 7820000 7820000 1192020 1086189 9246878 9202867 X -1959785 -1982336 1172989 995157 -786796 -987179 8460082 8215688 -200383 0 X X 0 1 X 1 0 X X X 1 Northeast College Prep Charter School No 4219 462577480 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Part I, Lin 12(g)(vi) The NECP ABC provides support through leasing building space to the supported organization. 1067929 1067929 6634674 567609 6067065 7134994 X Part X, Line 2: The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter 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, 2021, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter 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. A City of Minneapolis 416005375 60375CBD5 2020-02-13 8199097 Finance Building 0 0 0 A 8199098 1049879 7699286 2031 2021 0 0 1 1 A 0 0 0 1 0 0 0 0 1 A 1 Date Rebate Computation Performed Issuer Name: City of Minneapolis Date the Rebate Computation was Performed: 07/01/2023 Form 990, Part VI, Section A, line 6 The sole member of the Corporation is Northeast College Prep, a Minnesota non-profit corporation. The sole member will have all powers available to the member of a corporation under Minn. Stat 317A.401, et seq., including, without limitation, the power to remove or appoint directors of the Corporation. This Article of Incorporation shall not be amended without the written consent of the School. Form 990, Part VI, Section B, line 11b The Board of Directors review and approve Form 990 prior to filing. Form 990, Part VI, Section B, line 12c The Organizationl annually evaluates all conflict of interest policies submitted by board members and employees. The Organization's policies are communicated annually to the board and employees and to new board members and employees upon joining the Organization. Form 990, Part VI, Section C, line 19 The Organization makes its public documents available upon request. Form 990, Part XII, Line 2c: The audit committee uses the same audit as the affiliated organization described in Schedule R. Northeast College Prep Charter School No 4219 300 Industrial Blvd NE Minneapolis MN 55413 462577480 Education MN 501(c)(3) Line 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0