2026-09-18T08:20:26-05:00 2025-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2024-07-01 853071511 NECP ABC NECP 8778295500 3525 33rd Ave S Minneapolis MN 55413 Andrea Halverson Executive Director 8778295500 2026-09-15 1 1 Cynthia Barta CPA P01222004 9528359090 2026-09-15 2024 Andrea Halverson 3525 33rd Ave S Minneapolis MN 55413 688489 0 X northeastcollegeprep.org X 2020 MN The NECP ABC mission is to own a facility that is suitable for NECP to fulfill its vision and mission, to steward that facility, and to lease it to NECP on terms that satisfy the monthly and annual debt obligations incurred to purchase the facility. 3 3 0 3 0 0 3000 0 626863 644834 45411 43655 0 0 675274 688489 0 0 0 0 0 0 0 0 0 685244 664738 685244 664738 -9970 23751 8173960 7995899 9172347 8969715 -998387 -973816 The mission of NECP ABC is to own and steward a facility suitable for NECP to fulfill its vision and mission and to lease the facility to NECP on terms that satisfy the monthly and annual debt obligations incurred to purchase it. 0 0 628850 644834 NECP ABC was able to purchase a building located at 300 Industrial Blvd NE in Minneapolis to facilitate the school activities carried out by the related school, NECP. During the current year, the organization worked to lease the building to four nonprofits. 628850 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 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X X The Organization 8778295500 3525 33rd Ave S Minneapolis MN 55413 X Kumi Smith Chair 1.00 X X 0 0 0 Scott Flemming Secretary 1.00 X X 0 0 0 Steve Cunning Member 1.00 X 0 0 0 0 0 0 0 0 0 0 0 Lease Revenue 531120 644834 644834 644834 43655 43655 688489 644834 0 43655 8225 8225 11500 11500 16163 16163 52175 52175 409869 409869 166806 166806 664738 628850 35888 0 51284 25162 1171524 1152144 5333 0 7702603 903390 6965199 6799213 8173960 7995899 376989 217501 7820000 8679527 975358 0 72687 9172347 8969715 X 0 0 0 0 -998387 -973816 -998387 -973816 8173960 7995899 23751 820 0 X 0 1 X 1 0 X X X 1 Northeast College Prep Charter School No 4219 462577480 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1067929 1067929 6634674 903390 5731284 6799213 Due to Other Funds 72687 72687 A City of Minneapolis 416005375 60375CBD5 2020-02-13 8199098 Building Project 0 0 0 A 115831 8199098 1171524 7701318 2021 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 Form 990, Part VI, Section A, line 6 The sole member of the Corporation is Northeast College Prep, a Minnesota nonprofit corporation. The sole member will have all powers available to a member of a corporation under Minn. Stat. 317A.401, et seq., including, without limitation, the power to remove or appoint directors of the Corporation. Form 990, Part VI, Section B, line 11b The Board of Directors reviews and approves Form 990 prior to filing. Form 990, Part VI, Section B, line 12c The Organization annually evaluates all conflict-of-interest disclosures submitted by board members and employees. The Organization's policies are communicated annually to board members and employees and to new board members and employees upon joining the Organization. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict-of-interest policy, and financial statements available to the public upon request. Northeast College Prep Charter School No 4219 300 Industrial Blvd NE Minneapolis MN 55413 462577480 K-8 Public Charter School MN 501(c)(3) Line 2 N/A 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 NECP ABC respectfully requests abatement of any penalties associated with the late filing of its Form 990 for the fiscal year ended June 30, 2025.The organization's failure to timely file the return was due to an administrative oversight. The annual filing deadline was inadvertently missed, and an extension request was not submitted before the original due date. Upon discovering the omission, the organization took immediate steps to gather the necessary information and complete the return as quickly as possible.The failure to file on time was not due to willful neglect, but rather an unintentional error in the organization's administrative processes. NECP ABC has since reviewed and strengthened its procedures for monitoring tax filing deadlines, including implementing additional controls and calendar reminders to help ensure timely compliance with future filing requirements.The organization has made every effort to comply with its federal filing obligations and respectfully requests that any penalties be waived based on reasonable cause and the corrective actions taken to prevent a recurrence of this issue.