2024-05-10T16:09:47-05:00 2023-06-30 411690382 Malloy Montague Karnowski Radosevich 5353 Wayzata Blvd Ste 410 Minneapolis MN 55416 990 2022-07-01 411953998 El Colegio Charter School ELCO 6127285728 4137 Bloomington Avenue S Minneapolis MN 55407 Tony Aarts Board Chair 6127285728 2024-05-09 1 Tony Aarts XXX-XX-XXXX 0 Victoria L Holinka P00735616 9525450424 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Tony Aarts 4137 Bloomington Avenue S Minneapolis MN 55407 2334390 0 X www.el-colegio.org X 2000 MN Provide educational programs for students in compliance with Minnesota public education. 6 5 0 10 0 0 173978 251093 1930827 2083297 0 -73 0 0 2104805 2334317 0 0 0 0 1221238 1145804 0 0 0 877772 971579 2099010 2117383 5795 216934 1224019 1141859 1902015 1602921 -677996 -461062 X In community, El Colegio honors and builds upon the talents of bilingual students and their diverse families to provide the academic rigor, leadership skills, career preparation, and community connections necessary to fulfill their potential as change makers. 0 0 1702085 2083224 El Colegio Charter School strives to graduate creative, culturally-grounded students who excel in bilingual and bicultural environments who are prepared for college, employment and community leadership. Community Service: El Colegio Charter School is the cornerstone of a larger cultural and education center that is an accessible gathering place for Latino and other communities. Our building is designed to encompass not only the school but also to incorporate space to be used by the community for ongoing arts and cultural programs. An annual celebration, widely attended by the community, is Day of the Dead. During the fiscal year ended June 30, 2023 El Colegio Charter School served an estimated 87 students. 1702085 1 0 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 0 1 0 1 18 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 MN X Designs for Learning Inc 6516450200 2233 University Ave W 450 St Paul MN 55114 Tamara Ramirez-Torres Member 40.00 X 72306 0 0 Madelaine Cahuas Member 1.00 X 0 0 0 Dr Elizabeth Sumida Huaman Secretary 1.00 X X 0 0 0 Kent Fordyce Treasurer 1.00 X X 0 0 0 Ann Zukoski Vice Chair 1.00 X X 0 0 0 Tony Aarts Chair 1.00 X X 0 0 0 72306 0 0 0 0 0 0 Transportation Plus 5010 Hillsboro Ave N New Hope MN 55428 Transportation Services 143560 1 136621 114472 251093 Federal and state sour 611710 1989348 1989348 Other educational purp 611710 93949 93949 2083297 73 -73 -73 -73 2334317 2083224 0 0 X 1145312 880337 264975 492 492 7038 7038 53398 53398 236741 198388 38353 48007 24709 23298 8904 4837 4067 309112 308648 464 2028 2028 8100 8100 8390 5255 3135 14671 70 14601 22228 22228 27043 27043 Transportation 194087 194087 Food 82615 82615 Field trips 65325 65325 Food 3941 3941 -120049 -120049 2117383 1702085 415298 0 279877 300100 206022 260203 6445 8200 545447 271050 296698 274397 434977 298959 1224019 1141859 130565 168039 300000 254968 1471450 1179914 1902015 1602921 X -974694 -736041 296698 274397 0 582 -677996 -461062 1224019 1141859 216934 0 X X 0 1 X 1 0 X 484850 224584 260266 60597 46466 14131 274397 Deferred outflows of resources - TRA 298959 298959 Deferred inflows of resources - TRA 211525 Net pension liability - TRA 952889 Due to other funds 15500 1179914 X Part X, Line 2: The School is exempt from federal and state income taxes under the 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 and 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 operations, or cash flows. Accordingly, the School has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Nondiscrimination policy is included in registration material. Schedule E, Part I, Line 6 The School receives state and federal aid payments and grants to finance educational services for their students. X X X X 0 0 0 0 0 0 0 0 0 Form 990, Part VI, Section A, line 3 Contracts and Wages for the School are controlled and paid by a service provider, EdVisions. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent accounting firm. Once the Form is completed, it is given to the Administrative Director for review before it is signed and filed. The 990 is not reviewed by the entire board before it is filed. Form 990, Part VI, Section B, line 12c Board members sign a conflict of interest statement annually. The Board also reviews the conflict of interest policy annually and makes changes as necessary. Form 990, Part VI, Section B, line 15 The Board of Directors takes into account performance, budget, and comparable salaries in determining the salary. 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 Consulting fees/fees for services: Program service expenses 15,188. Management and general expenses 38,353. Fundraising expenses 0. Total expenses 53,541. Purchased services: Program service expenses 183,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 183,200. Form 990, Part XI, Line 2C: The School Board assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditor annually. This process has not changed from the prior year. 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. Form 990, Part VI, Section A, Line 1B: Several members of the board are teachers at the School. Minnesota State Statutue 124D.10 Subd. 4(g) requires the board to have at least one employed or contracted teacher. There is one member on the board that receives compensation from an unrelated organization, EdVisions, for service rendered to El Colegio Charter School. Form 990, Part IX, Line 24A: El Colegio Charter School does not report W-2's and W-3's or salary expenses and benefits due to all teacher and management contracts being done through Edvisions. Edvisions pays the employees wages and benefits and submits an invoice to El Colegio Charter School for the services provided. Authorizer The School is required to have an Authorizer to monitor its operations in order to maintain its charter. The School's approved Authorizer during the fiscal year 2023 was Pillsbury United Communities. ECCS Building Company 4137 Bloomington Ave S Minneapolis MN 55407 411964149 Facility Leasing MN 501(c)(3) Line 12b, II El Colegio Charter School 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 ECCS Building Company K 170500 Lease Agreement