2025-04-22T09:07:07-05:00 2024-06-30 411397419 Abdo LLP 5201 Eden Avenue Suite 250 Edina MN 55436 990 2023-07-01 462577480 Northeast College Prep Charter School No 4219 NORT 6122488243 300 Industrial Blvd NE Minneapolis MN 55413 Andrea Halverson Executive Director 6122488243 2025-04-16 1 1 Steven D Anseth CPA P00552219 9528359090 2025-03-25 2023 2025-03-06 01:10:19Z Andrea Halverson 300 Industrial Blvd NE Minneapolis MN 55413 7163723 0 X http://northeastcollegeprep.org/ X 2013 MN Northeast College Prep will ensure strong academic, social-emotional, and talent development in every member of its diverse student body, thereby positioning each student for college graduation, career success, and positive community impact. 10 9 86 12 0 0 7528804 6413685 4461 311061 596 33657 36923 405320 7570784 7163723 0 0 0 0 4546758 3734715 0 0 0 2821401 2850515 7368159 6585230 202625 578493 3824074 3243759 5573995 4444568 -1749921 -1200809 Northeast College Prep will ensure strong academic, social-emotional, and talent development in every member of its diverse student body, thereby positioning each student for college graduation, career success, and positive community impact. 0 0 5687990 311061 Northeast College Prep has strived to succeed as a proof-point that all students, regardless of background, flourish when a school's entire staff deeply believes in the potential and fully commits to the success of each and every one. The organization focuses on grades K-8. During fiscal year 2024, Northeast College Prep averaged 270 daily students. 5687990 1 1 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 1 1 0 0 1 28 0 1 86 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X The Organization 6122488243 300 Industrial Blvd NE Minneapolis MN 55413 Rich Nazarian Chair 1.00 X X 0 0 0 Erica Ahlgren Community Member 1.00 X 0 0 0 Josh Crossan Community Member 1.00 X 0 0 0 Tyler Burkhardt Treasurer 1.00 X X 0 0 0 Jinah Chervinac Community Member 1.00 X 0 0 0 John Brakke Community Member 1.00 X 0 0 0 Meghna Sohoni Community Member 1.00 X 0 0 0 Phil Galligan Community Member 1.00 X 0 0 0 Hadi Sanyang Parent Member 1.00 X 0 0 0 Laura Pastor Teacher Member 41.00 X 84667 0 35808 Andrea Halverson Executive Director 41.00 X 66463 0 8906 151130 0 44714 0 0 0 0 4Mativ Technologies Inc 959 Dayton Ave Saint Paul MN 55104 Pupil transportation 741107 Done Right Foods 4305 Central Ave NE Columbia Heights MN 55421 Food catering 212338 2 6279375 134310 6413685 Misc. Local Revenue 900099 300424 300424 Medical Assistance 900099 6822 6822 Fees from Patrons 900099 3815 3815 311061 33657 33657 Pension Revenue 900099 405320 405320 405320 7163723 311061 0 438977 X 257370 224204 33166 2627971 2299975 327996 218084 176197 41887 418991 353550 65441 212299 185785 26514 5926 5926 98379 98379 712633 545630 167003 81653 56581 25072 104103 67853 36250 629369 629369 743767 742784 983 26349 5113 21236 109520 98280 11240 23466 23466 Food/Milk 219765 216401 3364 Instructional Supplies 62073 62073 Dues and Memberships 32151 135 32016 Equipment 1361 594 767 6585230 5687990 897240 0 812964 1147788 806882 508390 157958 196350 85097 33586 821050 421687 489307 399363 1471866 958282 3824074 3243759 608473 395962 4965522 4048606 5573995 4444568 X -1750185 -1241073 264 40264 -1749921 -1200809 3824074 3243759 578493 -29381 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 95688 11095 84593 725362 410592 314770 399363 Deferred Outflow of Pensions Resources 896498 Lease Asset 61784 958282 Pension Liability 3711686 Deferred Inflow of Pension Resources 273369 Lease Liability 63551 4048606 X Part X, Line 2: The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2024, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction. 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 organization includes its nondiscriminatory policy towards students in all documents and publications. Schedule E, Part I, Line 6 The organization receives support from government agencies. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent accounting firm and reviewed by the school's management. The reviewed draft of the Form 990 is provided to the board electronically prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Organization annually evaluates all conflict of interest policies submitted by board members and employees. The Organization's policies are communicated annually to the board and employees and to new board members and employees upon joining the Organization. Form 990, Part VI, Section B, line 15 The salary is based on the board's performance evaluation of the Executive Director and also the staffing plan submitted by the Executive Director. Form 990, Part VI, Section C, line 19 The Organization makes its public documents available upon request. Form 990, Part IX, line 11g Consulting/Contracted Fees for Services: Program service expenses 117,430. Management and general expenses 110,333. Fundraising expenses 0. Total expenses 227,763. Subcontracted Federal Awards: Program service expenses 47,092. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,092. Communication Services: Program service expenses 11,894. Management and general expenses 11,818. Fundraising expenses 0. Total expenses 23,712. Student Educational Payments: Program service expenses 261,317. Management and general expenses 0. Fundraising expenses 0. Total expenses 261,317. Repairs and Maintenance: Program service expenses 94,683. Management and general expenses 44,852. Fundraising expenses 0. Total expenses 139,535. Interpreting: Program service expenses 13,214. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,214. Form 990, Part XII, Line 2c: The process has not changed from the prior year. NECP ABC 300 Industrial Blvd NE Minneapolis MN 55413 853071511 Own the building that the School leases MN 501(c)(3) Line 12a, I Northeast College Prep Charter School No 4219 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 NECP ABC K 567402 Lease Agreement