2025-03-19T11:57:43-05:00 2024-06-30 411534805 CARPENTER EVERT & ASSOCIATES LTD 7760 FRANCE AVE S SUITE 940 BLOOMINGTON MN 55435 990 2023-07-01 880689849 CHARTERSOURCE CHAR 7634429690 PO BOX 25702 ST PAUL MN 55125 SAWSAN NATSHEH PRESIDENT 7634429690 2025-02-18 1 0 NEAL EVERT P00046853 9528310085 2025-02-18 2023 2025-03-06 01:10:19Z SAWSAN NATSHEH PO BOX 25702 ST PAUL MN 55125 657004 0 X CHARTERSOURCE.ORG X 2022 MN PROVIDE SCAFFOLDED SUPPORT AND DEVELOPMENT IN GOVERNANCE, LEADERSHIP, AND OPERATIONS FOR SCHOOL IMPROVEMENT. 4 4 0 0 0 0 633013 295180 203378 361824 0 0 0 0 836391 657004 0 0 0 0 274497 148458 0 0 4577 178070 376603 452567 525061 383824 131943 634394 667567 142854 15221 491540 652346 PROVIDE SCAFFOLDED SUPPORT AND DEVELOPMENT IN GOVERNANCE, LEADERSHIP, AND OPERATIONS FOR SCHOOL IMPROVEMENT. 0 0 473527 361824 PROVIDE ONSITE AND ONLINE BOARD AND OPERATIONS TRAINING. IN ADDITION, WE HAVE A BOARD AND NEW SCHOOL INCUBATION TECHNOLOGIES WITH ASSESSMENT AND COACHING SERVICES. OUR OPERATIONS INSTITUTE FOR OPERATIONS PROFESSIONALS INCLUDES 12 TECHNICAL TRAINING SESSIONS ON TOPICS FROM STUDENT ENROLLMENT PRACTICES TO PROCUREMENT. 473527 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 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 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 1 1 0 MN X X THE ORGANIZATION 7634429690 PO BOX 25702 ST PAUL MN 55125 SAWSAN NATSHEH PRESIDENT 2.00 X X 0 0 0 KOU VANG TREASURER 2.00 X X 0 0 0 DANA PETERSON SECRETARY 2.00 X X 0 0 0 PHYLLIS SALTZMAN DIRECTOR 1.00 X 0 0 0 KAREN KLINZING DIRECTOR 1.00 X 0 0 0 MARY CANNON OPERATIONS MANAGER 20.00 X X 0 0 0 BETH FINCH EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 0 295180 295180 PROGRAM SERVICE FEES 611430 361824 361824 361824 657004 361824 0 0 X 137568 116933 16508 4127 10890 9256 1307 327 500 500 15765 15765 301425 289039 12386 7384 7384 10841 10841 119 119 300 300 4092 3478 491 123 BAD DEBT EXPENSE 18516 18516 MISCELLANEOUS 17499 17499 PROGRAM EXPENSES 162 162 525061 473527 46957 4577 568669 642605 60049 21903 5676 3059 0 0 3059 634394 667567 102854 15221 40000 142854 15221 X 468207 652346 23333 0 491540 652346 634394 667567 131943 28863 0 X 0 0 0 X 108934 633013 295180 1037127 203378 361824 565202 108934 836391 657004 1602329 0 0 0 1602329 108934 836391 657004 1602329 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3059 3059 3059 X PART X, LINE 2: CHARTERSOURCE HAS A TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ASC 740-10. CHARTERSOURCE'S POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS, AT LEAST ANNUALLY, FOR THE POTENTIAL FOR INCOME TAX EXPOSURE FROM UNRELATED BUSINESS INCOME OR FROM LOSS OF NONPROFIT STATUS. CHARTERSOURCE CONTINUES TO OPERATE CONSISTENT WITH ITS ORIGINAL EXEMPTION APPLICATION AND EACH YEAR TAKES THE NECESSARY ACTIONS TO MAINTAIN ITS EXEMPT STATUS. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. IN COMPLIANCE WITH ITS EXEMPT STATUS, CHARTERSOURCE ANNUALLY FILES A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990). X X X 0 LIA GRANT 13580 40TH ST S AFTON MN 55001 0 0 1000 -1000 1000 -1000 FORM 990, PART VI, SECTION B, LINE 11B BOARD OF DIRECTORS REVIEW A 990 DRAFT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 ESTABLISHED FINANCE COMMITTEE TO REVIEW ALL TRANSACTIONS AND KEY FINANCIAL STATEMENTS AS WELL AS FINANCIAL POLICIES FOCUSED ON CHECKS AND BALANCES FORM 990, PART VI, SECTION B, LINE 15 REVIEWED COMPARABLE MN BASED NONPROFITS UTILIZING 990S, SUBMITTED FULL REPORT TO FINANCE COMMITTEE AND THEN TO BOARD FOR REVIEW AND APPROVAL FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FROM FEDERAL, STATE AND PRIVATE GRANTS INCLUDING FOUNDATIONS FORM 990, PART IX, LINE 11G PROFESSIONAL FEES AND CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 289,039. MANAGEMENT AND GENERAL EXPENSES 12,386. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 301,425.