2024-03-05T15:58:26-06:00 2023-06-30 411397419 Abdo LLP 100 Warren St STE 600 Mankato MN 56001 990 2022-07-01 462577480 Northeast College Prep Charter School No 4219 NORT 6122488243 300 Industrial Blvd NE Minneapolis MN 55413 Andrea Halverson Executive Director 6122488243 2024-02-29 1 Andrea Halverson XXX-XX-XXXX 1 Steven D Anseth CPA P00552219 5076252727 2024-02-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Andrea Halverson 300 Industrial Blvd NE Minneapolis MN 55413 7571674 0 X http://northeastcollegeprep.org/ X 2013 MN Northeast College Prep will ensure strong academic, social-emotional, and talent development in every member of its diverse student body, thereby positioning each student for college graduation, career success, and positive community impact. 7 6 98 16 0 0 7884697 7528804 1855 4461 -599 596 5759 36923 7891712 7570784 0 0 0 0 4301742 4546758 0 0 0 4101209 2821401 8402951 7368159 -511239 202625 3953974 3824074 5906520 5573995 -1952546 -1749921 Northeast College Prep will ensure strong academic, social-emotional, and talent development in every member of its diverse student body, thereby positioning each student for college graduation, career success, and positive community impact. 0 0 6433668 4421 Northeast College Prep has strived to succeed as a proof-point that all students, regardless of background, flourish when a school's entire staff deeply believes in the potential and fully commits to the success of each and every one. The organization focuses on grades K to 8. During fiscal year 2022, Northeast College Prep averaged 330 daily students. 6433668 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 30 0 1 98 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X The Organization 6122488243 300 Industrial Blvd NE Minneapolis MN 55413 Rich Nazarian Chair 1.00 X X 0 0 0 Jessica Waletski Treasurer 1.00 X X 0 0 0 Joanna Schneider Secretary/Teacher 41.00 X X 69571 0 13568 Jessica Waletski Director 1.00 X 0 0 0 Erica Ahlgren Director 1.00 X 0 0 0 Jessica Intermill Director 1.00 X 0 0 0 Josh Crossan Director 1.00 X 0 0 0 Erika Sass Executive Director 41.00 X 117740 0 18864 187311 0 32432 1 0 0 0 4Mativ Technologies Inc 959 Dayton Ave Saint Paul MN 55104 Transportation 742220 Done Right Foods 4305 Central Ave NE Columbia Heights MN 55421 Food Service 293141 2 7121760 407044 7528804 Fees from Patrons 900099 4461 4461 4461 596 596 850 890 -40 -40 Pension Revenue 900099 36963 36963 36963 7570784 4421 0 37559 X 204172 179582 24590 3230679 2841589 389090 305180 236432 68748 552084 481137 70947 254643 224068 30575 3009 3009 99900 99900 1164497 1102339 62158 1682 1682 98637 64589 34048 600203 578967 21236 17127 17097 30 45801 45591 210 421 421 98004 71847 26157 16855 16855 Food 307129 302024 5105 Supplies 199799 172663 27136 Repairs/Maintenance 97247 59113 38134 Leases/Rentals 37217 36773 444 33873 2581 31292 7368159 6433668 934491 0 413330 812964 806882 1031715 157958 158989 85097 787868 298561 543366 489307 1806574 1471866 3953974 3824074 553919 608473 36704 5315897 4965522 5906520 5573995 X -1952810 -1750185 264 264 -1952546 -1749921 3953974 3824074 202625 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 89242 9693 79549 698626 288868 409758 489307 Deferred Outflow of Pensions Resources 1394307 Lease Asset 77559 1471866 Pension Liability 4380888 Deferred Inflow of Pension Resources 507296 Lease Liability 77338 4965522 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. 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 organization includes its nondiscriminatory policy towards students in all documents and publications. Schedule E, Part I, Line 6 The organization receives support from government agencies. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent accounting firm and reviewed by the school's management. The reviewed draft of the Form 990 is provided to the board electronically prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Organization 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 B, line 15 The salary is based on the board's performance evaluation of the Executive Director and also the staffing plan submitted by the Executive Director. Form 990, Part VI, Section C, line 19 The Organization makes its public documents available upon request. Form 990, Part IX, line 11g Consulting/Contracted Fees for Services: Program service expenses 17,338. Management and general expenses 36,776. Fundraising expenses 0. Total expenses 54,114. Subcontracted Federal Awards: Program service expenses 50,379. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,379. Communication Services: Program service expenses 9,456. Management and general expenses 25,382. Fundraising expenses 0. Total expenses 34,838. Transportaion Services: Program service expenses 805,708. Management and general expenses 0. Fundraising expenses 0. Total expenses 805,708. Interpreting: Program service expenses 31,551. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,551. Student Educational Payments: Program service expenses 187,907. Management and general expenses 0. Fundraising expenses 0. Total expenses 187,907. Form 990, Part XII, Line 2c: The process has not changed from the prior year. NECP ABC 300 Industrial Blvd NE Minneapolis MN 55413 853071511 Own the building that the School leases MN 501(c)(3) Line 12a, I Northeast College Prep Charter School No 4219 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 NECP ABC K 524994 Lease Agreement