2025-01-13T16:52:42-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-07-01 833432492 FFA BUILDING COMPANY FFAB 6128796703 2600 E 38TH STREET MINNEAPOLIS MN 55406 ANANYSIA JOSEPH VICE CHAIR 6128796703 2024-12-20 1 0 ANN NEIL P01817922 6123764500 2024-12-20 2022 2024-10-15 13:58:12Z X ANANYSIA JOSEPH 2600 E 38TH STREET MINNEAPOLIS MN 55406 611417 0 X N/A X 2019 MN TO SUPPORT AND PROVIDE SCHOOL FACILITIES TO FRIENDSHIP ACADEMY OF THE ARTS. 4 2 0 2 0 0 0 0 517492 611417 198 0 0 0 517690 611417 0 0 0 0 0 0 0 0 0 584380 618286 584380 618286 -66690 -6869 8082112 7977821 8853052 8755630 -770940 -777809 TO PROVIDE FACILITIES FOR FRIENDSHIP ACADEMY OF THE ARTS FOR THE PURPOSE OF RUNNING A CHARTER SCHOOL. 0 0 618286 0 611417 TO PROVIDE FACILITIES FOR FRIENDSHIP ACADEMY OF THE ARTS FOR THE PURPOSE OF RUNNING A CHARTER SCHOOL. 618286 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 MN X ELAINA CATES 6128796703 2600 E 38TH STREET MINNEAPOLIS MN 55406 WENDY HINES CHAIR 1.00 1.00 X X 0 0 0 ANANYSIA JOSEPH VICE CHAIR 1.00 1.00 X X 0 0 0 MARY RILEY SECRETARY 1.00 0.00 X X 0 0 0 DR B CHARVEZ RUSSELL ASSISTANT SECRETARY 1.00 40.00 X 0 30284 26286 CARR S KPANYOR EXECUTIVE DIRECTOR 1.00 40.00 X 0 70836 19912 ELAINA CATES BUSINESS MANAGER 1.00 40.00 X 0 3807 247 0 104927 46445 0 0 0 0 0 RENTAL INCOME 531120 611417 611417 611417 611417 611417 0 0 51249 51249 399754 399754 165668 165668 1615 1615 618286 618286 0 0 919241 980618 7494207 497004 7162871 6997203 8082112 7977821 272073 49260 8546254 8422034 34725 284336 8853052 8755630 X -218755 -315478 -552185 -462331 0 0 -770940 -777809 8082112 7977821 -6869 0 X X 0 1 X 1 1 1 X X X 1 FRIENDSHIP ACADEMY OF THE ARTS 311756049 2 1 618307 0 1 618307 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 867500 867500 6626707 497004 6129703 6997203 ACCRUED INTEREST PAYABLE 34336 DUE TO SCHOOL 250000 284336 A CITY OF MINNEAPOLIS 416005375 60375CBA1 2019-12-17 8401371 ACQUISITION, RENOVATION OF SCHOOL, DEBT SERVICE RESERVE, PAY ISSUANCE COSTS 0 0 0 A 110000 8401371 539112 163826 7534607 2021 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBER OF THE CORPORATION IS FRIENDSHIP ACADEMY OF THE ARTS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER SHALL ELECT 3 DIRECTORS, AT LEAST TWO OF WHOM SHALL BE MEMBERS OF THE BOARD OF DIRECTORS OF THE SCHOOL (FRIENDSHIP ACADEMY OF THE ARTS). THE MEMBER MAY FILL VACANCIES OCCURRING IN THE BOARD BY APPOINTMENT PROVIDED THAT APPOINTMENT SHALL BE A PERSON FROM THE SAME CATEGORY OF MEMBERSHIP AS THE PERSON BEING REPLACED. THE MEMBER MAY REMOVE ANY DIRECTOR FROM OFFICE WITH OR WITHOUT CAUSE; THE MEMBER SHALL THEN APPOINT A NEW DIRECTOR AS A REPLACEMENT. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AT A BOARD MEETING BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE BUILDING COMPANY MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE BUILDING COMPANY DOES NOT HAVE A CONFLICT OF INTEREST POLICY. FORM 990, PART XII, LINE 1: EXPLANATION OF METHOD OF ACCOUNTING THE ORGANIZATION 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. FORM 990 AMENDED RETURN DISCLOSURES: 990, BOX F HAS CHANGED FROM WENDY HINES TO ANANYSIA JOSEPH. 990, PART 2 SIGNATURE BLOCK HAS CHANGED THE SIGNER FROM WENDY HINES TO ANANYSIA JOSEPH. 990, PART III, LINE 4A EXPENSES HAS CHANGED TO 618,286. 990, PART VII, SECTION A LINE 1 COLUMN C HAS BEEN UPDATED SO ALL LISTED INDIVIDUALS ARE MARKED AS DIRECTORS OF THE BOARD. 990, PART VII, SECTION A LINE 1 NOW INCLUDES ELAINA CATES AND HER RELATED ORGANIZATION COMPENSATION. 990, PART VII, SECTION A LINE 1 NOW INCLUDES CARR S KPANYOR AND THEIR RELATED ORGANIZATION COMPENSATION. 990, PART IX HAS BEEN UPDATED. 990, PART X, COLUMN B LINE 17 HAS CHANGED FROM 48,281 TO 49,260. 990, PART X, COLUMN B LINE 29 HAS CHANGED FROM -59,977 TO -315,478. 990, PART X, COLUMN B LINE 30 HAS CHANGED FROM -717,853 TO -462,331. 990, PART XII, LINE 1 HAS CHANGED FROM BEING CHECKED AS ACCRUAL TO CHECKING THE OTHER BOX FOR MODIFIED ACCRUAL. SCH K PART II LINE 1 HAS BEEN UPDATED TO 110,000. FRIENDSHIP ACADEMY OF THE ARTS 2600 EAST 38TH STREET MINNEAPOLIS MN 55406 311756049 EDUCATION MN 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0