2024-05-08T16:09:34-05:00 2023-06-30 411690382 Malloy Montague Karnowski Radosevich 5353 Wayzata Blvd Ste 410 Minneapolis MN 55416 990 2022-07-01 412006469 New City School NEWC 6126233309 1500 6th Street NE Minneapolis MN 55413 Jane Ojile Principal 6126233309 2024-05-02 1 Jane Ojile 412006469 0 Victoria L Holinka P00735616 9525450424 2024-05-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Jane Ojile 1500 6th Street NE Minneapolis MN 55413 4769996 0 X www.newcitycharterschool.org X 2002 MN Student instruction based on active academics and citizenship 7 4 70 100 0 0 422448 537795 3895466 4227470 77 -3066 0 0 4317991 4762199 0 0 0 0 2538941 2647616 0 0 0 1590423 2225801 4129364 4873417 188627 -111218 8259913 7946747 9280462 9078514 -1020549 -1131767 New City School will create a learning community that is diverse, knowledgeable, thinking, and caring, and will serve as a demonstration site for best practices in the integration of social and academic learning. 0 0 4326695 4219673 New City School provides an educational program and extracurricular student activities for its students in order to improve student learning, increase learning opportunities for pupils, and encourage the use of different and innovative teaching methods. During the fiscal year ended June 30, 2023, New City School served an estimated 357 students. 4326695 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 70 1 0 0 0 0 0 0 0 0 0 0 X 7 4 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 MN X Jackie Paradis 6517642091 722 Hi Park Ave Red Wing MN 55066 Abby Mandell Treasurer 40.00 X X 45069 0 0 Michael Hickel Director 40.00 X 45083 0 0 Amanda Halbersma Director 2.00 X 0 0 0 Vincent Esades Director 2.00 X 0 0 0 Erin Green Secretary 2.00 X X 0 0 0 Kati Cunningham Board Chair 2.00 X X 0 0 0 Jane Ojile Principal/Director 40.00 X 73228 0 0 163380 0 0 0 0 0 0 0 470092 67703 537795 Federal and state sour 611710 4181885 4181885 Other educational purp 611710 45585 45585 4227470 4731 4731 7797 -7797 -7797 -7797 4762199 4219673 0 4731 X 198720 108720 90000 2125138 1934405 190733 -20532 -32202 11670 188775 172002 16773 155515 132227 23288 27452 27452 1151 1151 70181 70181 691620 678315 13305 150240 125678 24562 45010 45010 325969 324190 1779 50601 50601 5815 35 5780 318353 318353 25347 309 25038 Transportation 397460 397460 Food 99209 99209 Field trips 17393 17393 4873417 4326695 546722 0 886073 772691 629948 464145 33895 32103 6304136 751855 5805614 5552281 904383 1125527 8259913 7946747 289043 336528 13360 5927935 5771376 3063484 2957250 9280462 9078514 X -937341 -932297 -122322 -219095 39114 19625 -1020549 -1131767 8259913 7946747 -111218 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6100565 610056 5490509 203571 141799 61772 5552281 Deferred outflows of resources - PE 145236 Deferred outflows of resources - TR 980291 1125527 Defined benefit pension plans 454846 Net pension liability - PERA 356402 Net pension liability - TRA 2146002 2957250 X 4769996 0 4769996 -7797 -7797 4762199 4881214 0 4881214 -7797 -7797 4873417 Part X, Line 2: The School is exempt from federal and state income taxes under IRC 501(c)(3). The School is subject to tax on income from any unrelated business. The School is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Accounting Standards Codification 740-10. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The School has analyzed tax positions taken for filing with the IRS and state jurisdiction where they operate. The School believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operation, or cash flows. Accordingly, the School has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at the current year-end. The School is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods. The School reports a loss on sale of capital assets as an expense line item on the Financial Statements. However, for the 990, the loss on sale of capital assets is included on line 10 of the 990 (Investment income). To reconcile the 990 to the financial statements, the loss on sale of capital assets is included in the Other line item for both revenue and expenses on Schedule D. Part XI, Line 4b - Other Adjustments: Loss on disposal of capital assets -7,797. Part XII, Line 4b - Other Adjustments: Loss on disposal of capital assets -7,797. 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 nondiscrimination policy is communicated verbally during the registration period. As of January 2010, all registration and soliciation materials include a statement on the nondiscrimination policy. Schedule E, Part I, Line 6 New City School recieves aid through the state of Minnesota for the purpose of providing education services to students. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent accounting firm. Once the Form 990 is completed, it is given to New City School for review before it is signed and filed. The Form 990 is not provided to all board members in a complete format. Form 990, Part VI, Section B, line 12c The board assigns the monitoring to a specific committee who is responsible to review the compliance with the policy. Board members are required to annually complete a conflict of interest statement. Form 990, Part VI, Section B, line 15 An annual review is completed by the governing board. The finance committee of the Board reviews compensation and recommends approval by the board. A written agreement is put in place. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, line 11g Other fees-ProgServ-990: Program service expenses 135,425. Management and general expenses 0. Fundraising expenses 0. Total expenses 135,425. Elementary ed - consultant fees: Program service expenses 43,815. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,815. Speech - payment to other agencies: Program service expenses 26,959. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,959. Federal sub awards/contract less th: Program service expenses 22,647. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,647. General special education - indirec: Program service expenses 3,235. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,235. General special education - payment: Program service expenses 113,964. Management and general expenses 0. Fundraising expenses 0. Total expenses 113,964. Staff development - consulting fees: Program service expenses 825. Management and general expenses 0. Fundraising expenses 0. Total expenses 825. Health services - contracted servic: Program service expenses 11,740. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,740. Operations & maintenance - contract: Program service expenses 1,225. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,225. Facilities - contracted services: Program service expenses 307,129. Management and general expenses 0. Fundraising expenses 0. Total expenses 307,129. School board - consulting fees: Program service expenses 0. Management and general expenses 27,452. Fundraising expenses 0. Total expenses 27,452. Human resources - ads & background: Program service expenses 0. Management and general expenses 3,596. Fundraising expenses 0. Total expenses 3,596. Administrative support - consulting: Program service expenses 0. Management and general expenses 70,181. Fundraising expenses 0. Total expenses 70,181. Business services - office supplies: Program service expenses 0. Management and general expenses 14,230. Fundraising expenses 0. Total expenses 14,230. Business services - indirect costs: Program service expenses 0. Management and general expenses -4,521. Fundraising expenses 0. Total expenses -4,521. Special education-subgrant less tha: Program service expenses 11,351. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,351. Management - fees for services - ot: Program service expenses 0. Management and general expenses -97,633. Fundraising expenses 0. Total expenses -97,633. 990 Page 11, Part XI, Line 2C: The financial statements are prepared by an independent accounting firm. The statements are reviewed and approved by the board before being issued. This process was the same as last year. FORM 990, PART VI, SECTION A, LINE 1B: Several members of the board are teachers at New City School. Minnesota State statute 124D.10 subd.4(g) requires the board to have at least one member that is an employed/contracted teacher. Authorizer New City School is required to have an Authorizer to monitor its operations in order to maintain its charter. New City School's approved Authorizer during the fiscal year 2023 was Novation Education Opportunities. RELATED ORGANIZATION COMPENSATION: Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.