2025-04-16T13:45:38-05:00 2024-06-30 471019942 CREATIVE PLANNING TAX LLC 100 E PARK AVE STE 300 WATERLOO IA 50703 990 2023-07-01 200393839 LAKES INTERNATIONAL LANGUAGE ACADEMY LAKE 6514640771 246 11TH AVE SE FOREST LAKE MN 55025 JULIE LUNDGREN CHIEF FINANCIAL OFFICER 6514640771 2025-04-12 1 1 MICHELLE M HEKEL P01440878 3192346885 2025-04-12 2023 2025-03-06 01:10:19Z SHANNON PETERSON 246 11TH AVE SE FOREST LAKE MN 55025 19163770 0 X WWW.MYLILA.ORG X 2003 MN TO PREPARE TOMORROW'S THINKERS AND CITIZENS THROUGH LANGUAGE ACQUISITION AND INQUIRY-DRIVEN STUDY. 9 6 398 200 0 0 16124384 17081624 2025436 1758963 8898 36631 194071 263432 18352789 19140650 0 0 0 0 12291496 13432497 0 0 0 5363233 5430171 17654729 18862668 698060 277982 12726091 11771369 14844103 14003606 -2118012 -2232237 X TO PREPARE TOMORROW'S CRITICAL THINKERS AND GLOBAL CITIZENS THROUGH LANGUAGE ACQUISITION AND INQUIRY-DRIVEN STUDY. TO DELIVER A HIGH CALIBER EDUCATION FROM A GLOBAL PERSPECTIVE THAT COMBINES SECOND-LANGUAGE ACQUISITION WITH A PROVEN INQUIRY-BASED LEARNING APPROACH, ENHANCING INDIVIDUAL ACHIEVEMENT, AND BUILDING COMMUNITY CONNECTIONS. 0 0 15492370 438042 K-12 PUBLIC SCHOOL WITH FOR-FEE PRESCHOOL. THE SCHOOL HAS COMPLETED ITS 20TH YEAR OF OPERATION. IT BEGAN AS A K-6 SCHOOL AND EXPANDED TO GRADES 7-8 IN 2015 AND GRADES 9-12 IN 2016. THE SCHOOL SERVES STUDENTS AT THREE BUILDINGS ON TWO CAMPUSES. KINDER CENTER SERVES PREK AND K; LOWER SCHOOL SERVES GRADES 1-5; UPPER SCHOOL HOUSES GRADES 6-12. K-12 STUDENT ENROLLMENT TOTALED 1262 STUDENTS IN FY24. THE INTERNATIONAL BACCALAUREATE ORGANIZATION AUTHORIZED LILA AS AN IB WORLD SCHOOL FOR ALL GRADES. AUTHORIZATION OCCURS AFTER A THREE-YEAR CANDIDACY FOR EACH LEVEL: PRIMARY YEARS PROGRAMME FOR GRADES PREK TO 5, MIDDLE YEARS PROGRAMME FOR GRADES 6-10, AND DIPLOMA PROGRAMME FOR GRADES 11-12. AUTHORIZATION ONLY RESULTS WHEN A SCHOOL HAS BUILT AND IMPLEMENTED ITS IB PROGRAMME CURRICULUM FRAMEWORK TO EXACTING STANDARDS. THE SCHOOL OFFERS MANDARIN CHINESE IMMERSION AND SPANISH IMMERSION TRACKS TO GRADE 5. UPPER SCHOOL STUDENTS HAVE LANGUAGE ACQUISITION AS A FOCUS, BUT THE CURRICULUM IS NOT FULL IMMERSION. INSTEAD, IT IS MEANT FOR NEW LANGUAGE LEARNERS AS WELL AS FOR IMMERSION STUDENTS MATRICULATING FROM LOWER SCHOOL OR OTHER IMMERSION SCHOOLS. LILA GRADUATES TYPICALLY EARN THE STATE BILINGUAL SEAL ON THEIR DIPLOMAS. THE SCHOOL HAS GRADUATION RATES SURPASSING 95%. 1103993 903941 COMMUNITY SERVICE PROGRAM: EXPLORER CLUB SCHOOL AGE CARE. LILA'S EXPLORER CLUB SCHOOL AGE CHILDCARE PROGRAM IS A FOR-FEE PROGRAM THAT SERVED APPROXIMATELY 200 STUDENTS THROUGHOUT THE FISCAL YEAR. THE PROGRAM EMPLOYEES ENHANCE STUDENTS' EXPOSURE TO SPANISH AND CHINESE LANGUAGE AS THEY CONDUCT THEIR PROGRAM IN SPANISH, CHINESE, AND ENGLISH. IT IS QUALIFIED AS A FOUR STAR PARENT AWARE PROGRAM, THE HIGHEST RATING. THE PROGRAM IS LOCATED AT KINDER CENTER AND LOWER SCHOOL BUILDINGS AND SERVES GRADES PREK TO 5. 548608 567893 COMMUNITY SERVICE PROGRAM, KINDER PREP PRESCHOOL. A FEE-BASED PRESCHOOL FOR AGES 3-5, KINDER PREP PRESCHOOL DOES NOT RECEIVE STATE PUPIL FUNDING. KINDER PREP PRESCHOOL OPENED IN FALL 2013. ITS CURRICULUM REFLECTS THE IB WHOLE-CHILD PHILOSOPHY AND HAS A RICH LANGUAGE COMPONENT, WITH TEACHERS SPEAKING CHINESE, SPANISH, AND ENGLISH TO ALL PARTICIPANTS. ABOUT 115 STUDENTS WERE ENROLLED DURING THE 2023-2024 SCHOOL YEAR. LICENSED BILINGUAL TEACHERS PARTNER WITH CLASSROOM AIDES TO DELIVER ACADEMIC AND SOCIAL-EMOTIONAL EDUCATION, PREPARING STUDENTS FOR KINDERGARTEN AND BEYOND. 17144971 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 23 0 1 398 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 6 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X JULIE LUNDGREN 6514640771 246 11TH AVE SE FOREST LAKE MN 55025 X LINDSAY SCHIPPER CHAIR 1.00 0.00 X X 0 0 0 ERIN RIBAR VICE CHAIR 1.00 0.00 X X 0 0 0 COREY PURKAT TREASURER 1.00 0.00 X X 0 0 0 JEAN WOODBERRY SECRETARY/TEACHER 40.00 0.00 X X 60783 0 10627 KARL SCHAUMANN MEMBER/TEACHER 40.00 0.00 X 44733 0 9682 RENEE FEAGAN MEMBER 1.00 0.00 X 0 0 0 DIANE ROHAN MEMBER 1.00 0.00 X 0 0 0 ERIN CHAPMAN MEMBER/TEACHER 40.00 0.00 X 35858 0 18885 MIKE RYNDERS MEMBER 1.00 0.00 X 0 0 0 SHANNON PETERSON EXECUTIVE DIRECTOR 60.00 0.00 X 146764 0 20809 JULIE LUNDGREN CHIEF FINANCIAL OFFICER 45.00 5.00 X 117744 0 15278 KATHRYN GRIEBEL ELEMENTARY PRINCIPAL 40.00 0.00 X 106998 0 9669 NANCY HAWKINSON SECONDARY PRINCIPAL 40.00 0.00 X 101472 0 9183 614352 0 94133 4 0 1 0 CHAVEZ CLEANING SERVICES INC 4415 MAIN STREET NE COLUMBIA HEIGHTS MN 55421 CLEANING SERVICES 175800 EGAN COMPANY 11611 BUSINESS PARK BLVD N CHAPMPLIN MN 55316 CONSTRUCTION 154500 TWIN CITIES TRANSPORTATION 1408 NORTHLAND DR 101 MENDOTA HEIGHTS MN 55120 TRANSPORTATION 129685 3 16762617 319007 17081624 FEES FROM PATRONS 611710 1617291 1617291 STUDENT ACTIVITIES & FIELD TRIPS 611710 137536 137536 MEDICAL ASSISTANCE 611710 4136 4136 1758963 47001 47001 110253 0 110253 110253 110253 12750 23120 -10370 -10370 -10370 2266 0 2266 2266 MISCELLANEOUS 611710 126608 126608 INSURANCE CLAIMS 611710 15279 15279 E-RATE 611710 9026 9026 150913 19140650 1909876 0 149150 499554 293302 206252 10301093 9434985 866108 839250 771008 68242 1028438 911009 117429 764162 687366 76796 60813 60813 1312488 1124097 188391 45953 36528 9425 115208 90760 24448 2144336 2136912 7424 70611 67011 3600 156 156 325108 272975 52133 86722 86722 EQUIPMENT 667465 667425 40 SUPPLIES 405910 378972 26938 FIELD TRIPS 120006 120006 DUES AND MEMBERSHIPS 68290 58788 9502 7105 7105 18862668 17144971 1717697 0 X 1592818 626866 1996778 3416325 2490127 2230029 201401 158768 2411449 1088038 891186 1323411 5553781 4015970 12726091 11771369 1849437 1811069 15075 180027 12979591 12012510 14844103 14003606 X 0 0 0 0 -2118012 -2232237 -2118012 -2232237 12726091 11771369 X 277982 139856 -532063 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1666778 676854 989924 744671 411184 333487 1323411 RIGHT OF USE ASSETS 130332 DUE FROM LILA BUILDING COMPANY 292921 DEFERRED OUTFLOWS RELATED TO PENSION 3517527 DEFERRED CHARGE ON REFUNDING 75190 4015970 NET PENSION LIABILITY 11005424 LEASE LIABILITY 89925 DEFERRED INFLOWS RELATED TO PENSIONS 917161 12012510 X PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ACADEMY IS ALSO EXEMPT FROM MINNESOTA FRANCHISE OR INCOME TAX. THE ACADEMY IS REQUIRED TO ASSESS WHETHER AN UNCERTAIN TAX POSITION EXISTS AND IF THERE SHOULD BE RECOGNITION OF A RELATED BENEFIT OR LIABILITY IN THE BASIC FINANCIAL STATEMENTS. THE ACADEMY HAS DETERMINED THERE ARE NOT AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. 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 SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON THIER WEBSITE AND WITHIN THE STUDENT APPLICATION. ANY ADS PLACED ON SOLICITING STUDENTS HAVE EQUAL OPPORTUNITY EMPLOYER AND EDUCATOR STATEMENTS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING. X X 0 0 0 0 0 0 0 0 0 SHANNON PETERSON EXECUTIVE DIRECTOR 146764 0 0 0 0 0 13061 0 7748 0 167573 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LILA BYLAWS DEFINE A MEMBER AS ANY INDIVIDUAL WHO WORKS FOR THE SCHOOL, ANY LEGALLY RECOGNIZED PARENT OR GUARDIAN OF A STUDENT ENROLLED IN THE SCHOOL, ALL STUDENTS ENROLLED IN THE SCHOOL. VOTING MEMBERS (FOR ELECTIONS OF BOARD MEMBERS AND VOTING TO CHANGE THE SCHOOL BYLAWS) ARE MEMBERS WHO ARE AGE 18 OR OLDER. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST VOTE ON AMENDMENTS OR ADDITIONS TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B CFO PRESENTS THE FORM 990 TO THE AUDIT COMMITTEE FOR REVIEW, THEN PRESENTS IT TO THE LILA SCHOOL BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AS A STANDARD PART OF EACH SCHOOL BOARD AGENDA AND FINANCE AND AUDIT COMMITTEE AGENDAS, MEMBERS ARE REQUESTED TO DISCLOSE AN CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST BASED ON THE AGENDA. THE SCHOOL BOARD DETERMINES WHETHER OR NOT THE DISCLOSURE IS A CONFLICT OF INTEREST AND WHETHER OR NOT THE PERSON MAY REMAIN IN THE ROOM FOR THE DISCUSSION AND/OR VOTE. MEMBERS DETERMINED TO HAVE A CONFLICT WHO ARE ALLOWED TO REMAIN FOR THE DISCUSSION MAY ONLY CONTRIBUTE MATERIAL FACTS TO THE DISCUSSION AND ANSWER QUESTIONS. MEMBERS WHO HAVE A CONFLICT MUST LEAVE THE ROOM FOR THE VOTE. ALL BOARD AND COMMITTEE PROCEEDINGS ARE DOCUMENTED IN THE MINUTES. IF A CONFLICT WERE TO BE DISCOVERED AFTER A VOTE OR MEETING, THE DECISION WOULD BE VOIDED AND ITEM RETURNED TO THE AGENDA FOR A REVOTE. IF A TRANSACTION WERE TO BE DISCOVERED AFTER THE FACT, THE SCHOOL BOARD AND ADMINISTRATION WOULD WORK TOGETHER TO DETERMIN ACTIONS FOR THE BOARD MEMBER WITH THE UNDISCLOSED CONFLICT. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR: DIRECTOR EVALUATION COMMITTEE REVIEWS SALARIES OF COMPARABLE POSITIONS IN OTHER MN SCHOOL DISTRICTS. FURTHERMORE, THE COMMITTEE CONSIDERS WHAT THE DIRECTOR WOULD EARN IN SIMILAR MN DISTRICTS. THE COMMITTEE RECOMMENDS A SALARY TO THE FULL BOARD FOR REVIEW AND VOTE. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN FOR E.D. SHANNON PETERSON LEADING TO HER 3-YEAR AGREEMENT WHICH BEGAN JULY 1, 2023. THE EXECUTIVE DIRECTOR RECOMMENDS SALARY INCREASES AND JUSTIFICATION TO THE SCHOOL BOARD WITHIN BUDGET CONSTRAINTS. COMPENSATION INCREASES ARE BASED ON COMPARISON WITH SIMILAR POSITIONS IN OTHER MN SCHOOL DISTRICTS, PAY RATE MATRICES FOR THE DIFFERENT EMPLOYEE CLASSES, AND BUDGET CONSTRAINTS. INDEPENDENT DATA IS REVIEWED BY THE BOARD PRIOR TO SETTING COMPENSATION. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN FOR OTHER ADMINISTRATORS, LICENSED TEACHERS, AND SCHOOL SUPPORT STAFF IN THE 2023-24 SCHOOL YEAR. NOTEDLY, IT WAS DETERMINED THAT TOP ADMINISTRATORS WERE EARNING NO MORE THAN TWO-THIRDS OF THEIR EQUIVALENT COUNTERPARTS IN SURROUNDING DISTRICTS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS AND AUDITED FINANCIALS AVAILABLE TO THE PUBLIC UPON REQUEST. THE SCHOOL'S FINANCIAL STATEMENTS ARE PART OF THE SCHOOL BOARD MEETING MINUTES; MINUTES ARE AVAILABLE TO THE PUBLIC ON THE SCHOOL'S WEBSITE AND BY REQUEST. ALL APPROVED SCHOOL BOARD POLICIES, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE AVAILABLE ON THE SCHOOL'S WEBSITE. FORM 990, PART VII, SECTION A: PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE A LICENSED TEACHER AS A MEMBER OF THE BOARD OF DIRECTORS. JEAN WOODBERRY, KARL SCHAUMANN, AND ERIN CHAPMAN ARE BOARD MEMBERS, BUT RECEIVED COMPENSATION FOR THEIR SERVICES AS TEACHERS. FORM 990, PART X, LINE 25: PENSION LIABILITIES, DEFERRED OUTFLOWS & INFLOWS PENSION: AS A CHARTER SCHOOL IN THE STATE OF MINNESOTA, PARTICIPATION IN TWO MULTIPLE-EMPLOYER, COST-SHARING DEFINED BENEFIT PENSION PLANS IS STATUTORILY REQUIRED. THE SCHOOL'S CONTRIBUTIONS TO THE PLANS ARE ALSO REGULATED BY STATUTE AND ARE BASED ON A PERCENTAGE OF SALARIES AND WAGES EARNED BY CURRENT EMPLOYEES. THEREFORE, WHILE THE NET PENSION LIABILITY, DEFERRED OUTFLOWS AND INFLOWS, ARE REPORTED ON THE SCHOOL'S STATEMENT OF NET POSITION, THE SCHOOL IS NOT IN A POSITION TO DIRECTLY CONTROL THE LIABILITIES OR THE SUBSEQUENT LIQUIDATION OF THE LIABILITIES. FORM 990, PART XI, LINE 9: GASB PENSION ADJUSTMENT -532,063. LILA BUILDING COMPANY 246 11TH AVE SE FOREST LAKE MN 55025 202511625 SOLE PURPOSE IS TO LEASE EDUCATIONAL FACILITIES TO THE SCHOOL MN 501(C)(3) LINE 12A, I LAKES INTERNATIONAL LANGUAGE ACADEMY 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 LILA BUILDING COMPANY K 2621498 LEASE AGREEMENT LILA BUILDING COMPANY R 292921 CASH BALANCE