2024-02-26T09:15:24-06:00 2023-07-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-08-01 412005352 HERITAGE CHRISTIAN ACADEMY HERI 7634632200 15655 BASS LAKE ROAD MAPLE GROVE MN 553113103 TONYA SCOTT PRESIDENT 7634632200 2024-02-23 1 TONYA SCOTT 999009999 0 MACKENZIE MCNAUGHTON P02025805 6123764500 2024-02-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TONYA SCOTT 15655 BASS LAKE ROAD MAPLE GROVE MN 553113103 10819293 0 X WWW.HERITAGEWEB.ORG X 2001 MN TO SERVE THE COMMUNITY AS AN EVANGELICAL CHRISTIAN SCHOOL FOR EDUCATION. 5 5 151 60 45650 35940 620073 3264925 6374152 7381362 -155677 124491 39037 48515 6877585 10819293 937622 940874 0 0 3277823 3499990 0 0 69488 1674483 1824527 5889928 6265391 987657 4553902 19822730 24486796 7732234 7841009 12090496 16645787 EQUIPPING MINDS, ENGAGING HEARTS, ENCOUNTERING JESUS CHRIST. 0 0 5100371 940874 7139909 HERITAGE CHRISTIAN ACADEMY IS A COLLEGE PREPARATORY CHRISTIAN SCHOOL THAT EDUCATED AN AVERAGE OF 593 STUDENTS DURING THE 2022-2023 SCHOOL YEAR. STUDENTS RECEIVED A BROAD LIBERAL ARTS EDUCATION IN A CHRISTIAN ENVIRONMENT, AS WELL AS THE OPPORTUNITY TO PARTICIPATE IN SPORTS, CLUBS, AND OTHER EXTRA-CURRICULAR PROGRAMS. 5100371 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 3 0 151 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 1 1 1 0 0 MN X DOUG PEARSON 7634632200 15655 BASS LAKE ROAD MAPLE GROVE MN 553113103 PHILIP DYRUD CHAIRMAN 2.00 0.00 X X 0 0 0 GREG WILLIAMS VICE CHAIRMAN 2.00 0.00 X X 0 0 0 MICAH JOHNSON TREASURER 2.00 0.00 X X 0 0 0 RHOND STUCKEY SECRETARY 2.00 0.00 X X 0 0 0 TONYA SCOTT PRESIDENT 40.00 2.00 X 90650 0 2115 90650 0 2115 0 0 0 0 UB HARDWOODS & FLOORING 3431 US-169 PLYMOUTH MN 55441 FLOORING 199805 HEAVENLY HOST CATERING 4413 YORK AVE N ROBBINSDALE MN 55422 SCHOOL LUNCH & CATERING 191867 2 650000 2614925 3264925 TUITION 611600 7038841 7038841 FOOD SERVICES 611710 206453 206453 BOOKS & FEES 611710 83793 83793 ADVERTISING 900099 35000 35000 STUDENT ACTIVITIES 611710 17275 17275 7381362 124491 124491 10650 0 10650 10650 10650 YEARBOOK INCOME 900099 4719 4719 SCRIP INCOME 900099 845 845 32301 32301 37865 10819293 7139909 45650 368809 940874 940874 93050 79452 13598 2925350 2382055 543295 48968 38529 10439 205467 164844 40623 227155 182281 43834 1040 11597 11597 55648 55648 111355 1810 54695 54850 64009 64009 49100 47219 1881 90344 90344 336267 327113 9154 40999 40427 572 254728 238412 16316 341361 332068 9293 63729 46521 17208 STUDENT ACTIVITES 201216 201216 STUDENT AND SCHOOL COST 107907 75814 32093 ATHLETIC EXPENSE 80188 80188 OTHER EXPENSE 16079 1000 15079 6265391 5100371 1095532 69488 220755 172090 4624292 8736068 8347 9376 49105 92865 18542608 3596245 14891598 14946363 28633 29654 0 500380 19822730 24486796 215185 247778 1673463 1918540 5683102 5533828 160484 140863 7732234 7841009 X 11874936 14380899 215560 2264888 12090496 16645787 19822730 24486796 4553902 1389 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21852 1874 23726 23690 -1838 21852 18406 5284 23690 16040 2366 18406 15226 814 16040 0.00000 0.52000 0.48000 0 0 3140172 3140172 14246360 2847237 11399123 1138216 749008 389208 17860 17860 14946363 DEFERRED COMPENSATION 119517 LEASE LIABILITY 21346 140863 X 9423843 1389 194035 195424 9228419 1590874 1590874 10819293 5349043 24526 24526 5324517 940874 940874 6265391 PART V, LINE 4: THE INTENT OF THE ENDOWMENT IS FOR COLLEGE SCHOLARSHIPS FOR GRADUATING HCA STUDENTS, HCA SCHOLARSHIPS FOR CURRENT HCA STUDENTS, HCA SCHOLARSHIPS FOR CHILDREN OF HCA EMPLOYEES AND EDUCATIONAL OPPORTUNITIES FOR HCA EMPLOYEES TO FURTHER PROFESSIONAL GROWTH AS DETERMINED BY THE HCA ADMINISTRATION AND ENDOWMENT COMMITTEE. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ACADEMY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACADEMY IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE ACADEMY HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE ACADEMY'S CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FOUNDATION REVENUE REPORTED ON A SEPARATE RETURN 194,035. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE AND SCHOLARSHIPS 940,874. NET ASSETS DIVESTED BY HERITAGE CHRISTIAN ACADEMY FOUNDATION 650,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FOUNDATION EXPENSES REPORTED ON A SEPARATE RETURN 24,526. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE AND SCHOLARSHIPS 940,874. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ACADEMY'S NON-DISCRIMINATORY POLICY WAS PUBLISHED IN THE JANUARY 27, 2021 EDITION OF THE MINNEAPOLIS STAR TRIBUNE NEWSPAPER. 1 TUITION ASSISTANCE 37 259307 N/A N/A SCHOLARSHIP FUND 28 199480 N/A N/A STAFF DISCOUNT 19 193169 N/A N/A PASTORAL DISCOUNT 13 96435 N/A N/A 3RD & 4TH CHILD DISCOUNT 67 70263 N/A N/A PRESIDENT DISCOUNT 6 50454 N/A N/A ALUMNI DISCOUNT 10 12000 N/A N/A PREPAYMENT DISCOUNT 56 20465 N/A N/A 5TH & 6TH CHILD DISCOUNT 4 39301 N/A N/A PART I, LINE 2: TUITION ASSISTANCE ELIGIBILITY IS BASED ON FINANCIAL NEED AND DETERMINED BY AN OUTSIDE AGENCY. SCHOLARSHIPS ARE BASED ON FINANCIAL NEED, THE STUDENT'S CHRISTIAN CHARACTER, AND THEIR DESIRE TO SUCCEED ACADEMICALLY. PASTORAL DISCOUNTS ARE GIVEN TO FULL-TIME. LICENSED AND ORDAINED PASTORS OF A CHRISTIAN CHURCH. MISSIONARY DISCOUNTS ARE GIVEN TO CHRISTIAN MISSIONARIES WHO ARE ON FURLOUGH FOR ONE YEAR OR LESS. ALUMNI DISCOUNTS ARE GIVEN TO PARENTS WHO GRADUATED FROM HERITAGE CHRISTIAN ACADEMY. ALL OF THESE SCHOLARSHIPS AND DISCOUNTS ARE APPLIED DIRECTLY AGAINST THE STUDENTS ACCOUNTS. FORM 990, PART VI, SECTION A, LINE 6 THE ACADEMY IS A SUBSIDIARY OF GRACE FREE LUTHERAN CHURCH, AND THE CHURCH IS THE SOLE MEMBER OF THE ACADEMY. FORM 990, PART VI, SECTION A, LINE 7A THE CHURCH COUNCIL OF GRACE FREE LUTHERAN CHURCH APPROVES THE ACADEMY'S NOMINATION OF SCHOOL BOARD TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE ACADEMY'S GOVERNING DOCUMENTS MUST BE APPROVED BY THE CHURCH COUNCIL OF GRACE FREE LUTHERAN CHURCH. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURNS ARE REVIEWED BY THE ORGANIZATION ADMINISTRATION PRIOR TO THE PRESIDENT SIGNING THEM, WHICH IS REPORTED TO THE BOARD. THE FULL RETURN IS NOT REVIEWED BY THE BOARD FOR APPROVAL PRIOR TO ISSUANCE. FORM 990, PART VI, SECTION B, LINE 12 BOARD MEMBERS, OFFICERS, MANAGEMENT, AND THOSE WHO MAKE PURCHASING DECISIONS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. INDIVIDUALS WHO IDENTIFY CONFLICTS ARE EXCLUDED FROM DISCUSSION AND APPROVAL OF THE AFFECTED TRANSACTION. BOARD MEMBERS AND THE PRESIDENT ARE PERIODICALLY ASKED, DURING BOARD MEETINGS, IF A CONFLICT IS DETERMINED TO EXISTS BY THE REMAINING BOARD MEMBERS. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A PEOPLE MANAGEMENT CONSULTING AGENCY WAS HIRED TO SCREEN POTENTIAL CANDIDATES FOR THE PRESIDENT'S POSITION. A SALARY RANGE WAS PROVIDED BY THE CONSULTING FIRM, AND THE BOARD OF TRUSTEES APPROVED THE FINAL SALARY AMOUNT. THIS PROCESS WAS LAST UNDERTAKEN IN 2012 FOR THE PRESIDENT, T. SCOTT. THE ACADEMY'S BOARD DETERMINES THE COMPENSATION OF NEWLY HIRED KEY EMPLOYEES. COMPENSATION IS BASED ON POSITION, EDUCATION AND YEARS OF EXPERIENCE. NO OTHER OFFICERS RECEIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE MINNESOTA ATTORNEY GENERAL'S WEBSITE. THE ACADEMY DOES NOT MAKE ITS GOVERNING DOCUMENTS NOR ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. GRACE FREE LUTHERAN CHURCH 15655 BASS LAKE ROAD MAPLE GROVE MN 553113103 411433116 CHURCH MN 501(C)(3) LINE 1 N/A 0 HERITAGE CHRISTIAN ACADEMY FOUNDATION 15655 BASS LAKE ROAD MAPLE GROVE MN 553113103 352253812 FOUNDATION MN 501(C)(3) LINE 7 HERITAGE CHRISTIAN ACADEMY 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 HERITAGE CHRISTIAN ACADEMY FOUNDATION C 650000 ACTUAL AMOUNT