2024-02-20T12:59:08-05:00 2023-06-30 ESTERBROOKS CPAS LTD 302 W SUPERIOR ST STE200 DULUTH MN 55802 990 2022-07-01 201452996 SWAN RIVER MONTESSORI CHARTER SCHOOL SWAN 7632717926 500 MAPLE STREET MONTICELLO MN 55362 ANNETTE VEMURI SCHOOL DIRECTOR 7632717926 2024-02-09 true ANNETTE VEMURI 999009999 false MICHAEL A PEDERSON P00454472 2187276846 2024-02-08 2022 2023-04-26 12:10:37Z ANNETTE VEMURI 500 MAPLE STREET MONTICELLO MN 55362 2605243 false X WWW.SWANRIVERMONTESSORI.ORG X 2004 MN TO PROVIDE AN AUTHENTIC MONTESSORI EDUCATION TO CHILDREN FROM 33 MONTHS THROUGH 6TH GRADE. 7 3 56 21 0 2258663 2416140 133716 185306 511 3797 0 2392890 2605243 0 0 1495869 1581209 0 0 950454 1037825 2446323 2619034 -53433 -13791 1350890 1325511 2331517 2058023 -980627 -732512 TO PROVIDE A CHILD-CENTERED ENVIRONMENT FOR SELF-DIRECTED AND PERSONALIZED LEARNING IN A SMALL, COMMUNITY-BASED PUBLIC SCHOOL WITH AN EMPHASIS ON THE NATURAL ENVIRONMENT. false false 2240088 29333 MONTESSORI EDUCATION PROGRAM FOR EARLY CHILDHOOD AND ELEMENTARY GRADES K-6: SWAN RIVER MONTESSORI CHARTER SCHOOL IS THE FIRST AND ONLY PUBLIC MONTESSORI SCHOOL IN WRIGHT COUNTY MINNESOTA. THE SCHOOL FIRST OPENED FOR THE 2005-06 ACADEMIC YEAR AND PROVIDES AND AUTHENTIC MONTESSORI EDUCATION FOR CHILDREN FROM 33 MONTHS THROUGH GRADE SIX. IN THE 2022-2023 SCHOOL YEAR 164 STUDENTS WERE SERVED. SWAN RIVER'S CHARTER SCHOOL SPONSOR IS NATIONALLY RECOGNIZED AUDUBON CENTER OF THE NORTH WOODS. THE STUDENTS HAVE AN OPPORTUNITY TO VISIT THE AUDUBON CENTER AS PART OF THEIR STUDIES. SWAN RIVER HAS AN AUTHENTIC MONTESSORI ENVIRONMENT. ALL TEACHERS ARE MONTESSORI TRAINED AND HOLD CURRENT MINNESOTA TEACHER LICENSES. 55819 30229 FOOD SERVICE PROGRAM:SWAN RIVER MONTESSORI CHARTER SCHOOL OFFERS ALL STUDENTS A HOT LUNCH EACH DAY. THE SCHOOL PARTICIPATES IN THE NATIONAL LUNCH PROGRAM. 117652 138114 COMMUNITY SERVICES EDUCATION:PROVIDES FOR AN EARLY CHILDHOOD PROGRAM AND BEFORE AND AFTER SCHOOL CARE FOR STUDENTS IN NEED OF SUCH SERVICES. 2413559 true false false false false false false false false false true false false true true false false true true false false false false false false false false false false false false false false false false false false false false false false false false true true true false false true 9 0 56 true false false false false false false false false false false false false X 7 3 false false false false true true true true false false false true true true true true true true true false MN X ADMINISTRATION OFFICE 7632717926 500 MAPLE STREET MONTICELLO MN 55362 FRANCO FANUCCI BOARD CHAIR/ 1.00 X X 0 0 0 AMY BERQUIST-SAVAGE TREASURER/TE 40.00 X X 52396 0 5280 AMY JENSEN SECRETARY/TE 40.00 X X 65267 0 12286 JULIE HALVORSON DIRECTOR/TEA 40.00 X 51332 0 7895 NICOLE PEREZ DIRECTOR/TEA 40.00 X 60267 0 5091 JANA EVINK DIRECTOR/PAR 1.00 X 0 0 0 RICK FREESE INTERIM MEMB 1.00 X 0 0 0 ANNETTE VEMURI SCHOOL DIREC 40.00 X 79583 0 13154 308845 43706 false false false 2403770 12370 2416140 TUITION REVENUE 611600 155077 155077 FOOD SERVICE REVENUE 611710 30229 30229 185306 3797 3797 2605243 185306 3797 X 319895 319895 1043843 968437 75406 84019 77566 6453 37018 31354 5664 96434 91793 4641 455068 372800 82268 148467 137997 10470 308906 308906 57261 57261 6691 6375 316 21157 20090 1067 18583 18583 DUES AND SUBSCRIPTIONS 21003 1813 19190 CAPITAL OUTLAY 353 353 REPAIRS AND MAINTENANCE 336 336 2619034 2413559 205475 0 140012 355588 581695 387490 336 5142 397756 320688 98225 77068 530622 500223 1350890 1325511 215106 233119 2116411 1824904 2331517 2058023 X -1078852 -809580 98225 77068 -980627 -732512 1350890 1325511 X -13791 261906 X X false true X true false X 62893 47958 14935 334863 272730 62133 77068 DEFERRED PENSION OUTFLOWS 500223 500223 NET PENSION LIABILITY 1492413 DEFERRED PENSION INFLOWS 308195 COMPENSATED ABSENSES PAYABLE 24296 1824904 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE POLICY IS PUBLISHED ON THE WEBSITE AS WELL AS IN THE ENROLLMENT BROCHURE. SCHEDULE E, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. FORM 990, PAGE 6, PART VI, LINE 6 THE SCHOOL HAS TWO CLASSES OF MEMEBERS: PARENTS/GUARDIANS OF ENROLLED STUDENTS AND EMPLOYEE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A PARENTS OR GUARDIANS OF STUDENTS AND STAFF ARE MEMBERS ELIGIBLE TO VOTE FOR BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7B CHANGES TO THE SCHOOL'S GOVERNANCE MODEL MUST BE APPROVED BY A MAJORITY OF THE BOARD OF DIRECTORS AND THE LICENSED TEACHERS EMPLOYED BY THE SCHOOL, AS WELL AS THE SCHOOL'S AUTHORIZER. FORM 990, PAGE 6, PART VI, LINE 8B THE SCHOOL DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE ORGANIZATION'S DIRECTOR PRIOR TO FILING THE 990. THE DIRECTOR PROVIDES COPIES TO THE BOARD MEMBERS EITHER BY HARD COPY OR ELECTONICALLY FOR THEIR REVIEW. THE DIRECTOR SIGNS THE 990. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY, BOARD MEMBERS AND KEY EMPLOYEES COMPLETE A FULL DISCLOSURE STATEMENT WHICH INCLUDES THE MEMBER, SPOUSE, AND CLOSE RELATIVES AND POTENTIAL CONFLICTS OF INTEREST. DETERMINATION ON POTENTIAL CONFLICTS IS MADE BY THE REMAINING BOARD OF COMMITTEE MEMBERS. CONFLICTED INDIVIDUALS MAY NOT VOTE ON OR PARTICIPATE IN THE DISCUSSION INVOLVING ANY ACTIONS THAT GAVE RISE TO THE CONFLICT. ALL PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD DETERMINES THE SCHOOL DIRECTOR'S SALARY BASED ON ANNUAL PERFORMANCE REVIEWS AND COMPARATIVE COMPENSATION INFORMATION FROM OTHER MINNESOTA CHARTER AND MONTESSORI SCHOOLS AS PART OF THE ANNUAL BUDGET PROCESS. THIS PROCESS WAS LAST CONDUCTED FOR FISCAL YEAR 2022 FOR SCHOOL DIRECTOR. THE PROCESS IS DOCUMENTED IN THE PERSONNEL FILES. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS APPROVED A SALARY SCHEDULE FOR EMPLOYEES THAT WAS BASED ON COMPARATIVE COMPENSATION INFORMATION . THE DIRECTOR CONDUCTS ANNUAL PERFORMANCE REVIEWS ON ALL STAFF AND MAKES RECOMMENDATIONS TO THE BOARD OF COMPENSATION ANNUALLY. THE BOARD MAKES FINAL DETERMINATIONS ON COMPENSATION AS PART OF THE ANNUAL BUDGET PROCESS, GENERALLY A FLAT PERCENT AMONG ALL STAFF. FORM 990, PAGE 6, PART VI, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G EDUCATIONAL SERVICES 372,800 82,268 0 FORM 990, PART XI, LINE 9 CHANGE IN PENSION LIABILITY 261,906 FORM 990, PAGE 12, PART XII, LINE 1 THE SCHOOL FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET. SRCS BUILDING COMPANY 500 MAPLE STREET MONTICELLO MN 55362 201465061 FAC. LEASE MN 501C3 12B SWAN RIVER MONTESSORI CHARTER SCHOOL true false false false false false false false false false false true false false true false false false false false SRCS BUILDING COMAPNY K 198380 LEASE AGREEMENT