2024-02-01T08:35:02-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2022-07-01 237243247 THE BLAKE SCHOOL BLAK 9529883459 110 BLAKE ROAD SOUTH HOPKINS MN 55343 DR ANNE STAVNEY HEAD OF SCHOOL 9529883451 2024-01-30 1 DR ANNE STAVNEY 999009999 1 KIMBERLY ANDERSON P00188889 6086628600 2024-01-30 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR ANNE STAVNEY 110 BLAKE ROAD SOUTH HOPKINS MN 55343 82342292 0 X WWW.BLAKESCHOOL.ORG X 1900 MN TO PROVIDE STUDENTS WITH AN EXCELLENT, ACADEMICALLY CHALLENGING EDUCATION. 18 18 671 400 0 0 7907449 3236725 48742724 50109210 2183976 1930947 -9057 7742 58825092 55284624 8835696 8819118 0 0 34513303 35125494 0 0 2155201 14300866 16017083 57649865 59961695 1175227 -4677071 202228265 200319449 44973400 44618436 157254865 155701013 THE BLAKE SCHOOL PROVIDES STUDENTS WITH AN EXCELLENT EDUCATION IN A DIVERSE AND SUPPORTIVE COMMUNITY. STUDENTS PARTICIPATE IN ACADEMIC, ARTISTIC AND ATHLETIC ACTIVITIES IN PREPARATION FOR COLLEGE, LIFE-LONG LEARNING, COMMUNITY SERVICES AND LIVES AS RESPONSIBLE WORLD CITIZENS. 0 0 50012425 8819118 50109210 THE BLAKE SCHOOL IS AN INDEPENDENT PRE-KINDERGARTEN THROUGH GRADE 12 SCHOOL SERVING STUDENTS THROUGHOUT THE TWIN CITIES WITH CAMPUSES LOCATED IN MINNEAPOLIS, HOPKINS AND WAYZATA. ENROLLMENT IN 2022-2023 WAS 1,350 STUDENTS. IN SUPPORT OF ITS COMMITMENT TO CULTURAL AND SOCIOECONOMIC DIVERSITY AS BEING AN ESSENTIAL PART OF ITS EDUCATIONAL GOALS, THE SCHOOL GRANTED $8,140,432 IN FINANCIAL AID TO 341 STUDENTS. 50012425 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 171 0 1 671 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X DANA BERG 9529883459 110 BLAKE ROAD SOUTH HOPKINS MN 55343 STAVNEY ANNE E HEAD OF SCHOOL 60.00 0.00 X 730061 0 63506 GRAYBEAL ANNE ASSOCIATE HEAD OF SCHOOL 50.00 0.00 X 283764 0 30596 KELLEY DANIEL A CFO/COO 50.00 0.00 X 271359 0 42912 RUGGIERO JOSEPH J UPPER SCHOOL DIRECTOR 50.00 0.00 X 226272 0 29491 BOXER DAVID CHIEF INFORMATION OFFICER 50.00 0.00 X 179337 0 77466 SILVESTRI JOSEPH P DIRECTOR OF ADMISSIONS 50.00 0.00 X 205329 0 57726 SCHUBRING REBECCA L CHIEF ADVANCEMENT OFFICER 50.00 0.00 X 220318 0 35280 SALDANHA AMY CHAIR 1.00 0.00 X X 0 0 0 SMITH CHRISTOPHER VICE CHAIR 1.00 0.00 X X 0 0 0 BENNETT MOSI TREASURER 1.00 0.00 X X 0 0 0 OXFORD DAVID SECRETARY 1.00 0.00 X X 0 0 0 ABRAHAM CHAD TRUSTEE 1.00 0.00 X 0 0 0 BAKER KELLY TRUSTEE 1.00 0.00 X 0 0 0 GOLDSTEIN KATIE TRUSTEE 1.00 0.00 X 0 0 0 MYREN KEVIN TRUSTEE 1.00 0.00 X 0 0 0 SAUL PAYLOR LISA TRUSTEE 1.00 0.00 X 0 0 0 RODRIGUEZ ART TRUSTEE 1.00 0.00 X 0 0 0 MILLER WILLIAM TRUSTEE 1.00 0.00 X 0 0 0 NOORI SALEHI NEDDA TRUSTEE 1.00 0.00 X 0 0 0 BIZILY NEIL TRUSTEE 1.00 0.00 X 0 0 0 SIMMONS MOLLY TRUSTEE 1.00 0.00 X 0 0 0 ROSS MEREDITH TRUSTEE 1.00 0.00 X 0 0 0 THOMPSON KWELI TRUSTEE 1.00 0.00 X 0 0 0 VORBRICH MARY SUE TRUSTEE 1.00 0.00 X 0 0 0 WILSON ADEBISI TRUSTEE 1.00 0.00 X 0 0 0 2116440 0 336977 50 0 1 0 MA MORTENSON COMPANY 700 MEADOW LANE NORTH MINNEAPOLIS MN 55422 CONSTRUCTION 10019207 TAHER INC 5570 SMETANA DRIVE MINNETONKA MN 55343 FOOD SERVICE 1426397 HAMMEL GREEN AND ABRAHAMSON INC DBA HG SDS 12-1861 PO BOX 86 MINNEAPOLIS MN 554861861 ARCHITECTURAL 882307 MCFARLAND HANSON INC DBA COMMERCIAL CLEA 13950 RADIUM ST NW RAMSEY MN 55303 JANITORIAL 372521 METROPOLITAN MECHANICAL CONTRACTORS INC 7450 FLYING CLOUD DRIVE EDEN PRAIRIE MN 55344 MECHANICAL SERVICES 260422 8 3236725 284171 3236725 TUITION 611600 46905906 46905906 AUXILIARY SERVICES 611710 2786321 2786321 OTHER PROGRAM REVENUE 611710 416983 416983 50109210 371990 371990 250972 243230 7742 7742 7742 23110580 5262815 22378343 4436095 732237 826720 1558957 1558957 55284624 50109210 0 1938689 8819118 8819118 1092682 151602 637876 303204 26273820 22559947 2600779 1113094 1809911 1589987 143637 76287 4063392 3376415 566790 120187 1885689 1574935 217197 93557 101986 101986 40479 40479 848009 848009 3107580 2542868 465721 98991 178202 9836 71285 97081 426622 289756 119772 17094 631973 433546 193975 4452 1775039 1581035 184496 9508 233566 201557 16519 15490 648571 354073 201751 92747 774248 684203 85632 4413 4263462 3767621 471539 24302 433732 46018 387714 INSTRUCTIONAL EXPENSES 1319774 1317271 1267 1236 PROF. DEVELOPMENT 555382 519938 30922 4522 OTHER EXPENSES 272895 133004 131762 8129 DUES AND SUBSCRIPTIONS 252967 59695 122365 70907 152596 152596 59961695 50012425 7794069 2155201 4467408 2107164 25396155 6342523 5028703 1697983 786165 636083 0 1150000 29691 37250 483914 856911 142114739 47272220 79426299 94842519 36266357 43213384 50343573 49435632 0 202228265 200319449 6189013 6782149 4319100 4312818 33231476 32688651 1233811 834818 44973400 44618436 X 82148661 80149892 75106204 75551121 157254865 155701013 202228265 200319449 X -4677071 2760964 362255 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88024707 617481 2538382 3693123 87487447 101222923 537681 -10218867 3517030 88024707 73974997 897781 29480036 3129891 101222923 75448947 1860554 -306290 3028214 73974997 73562082 2479528 2382569 2975232 75448947 0.37373 0.46833 0.15794 1 1 1 1420428 1930058 3350486 97410604 40071834 57338770 5003263 1768671 3234592 8426067 5199013 3227054 27924319 232702 27691617 94842519 INTEREST IN PERPETUAL TRUST 3115323 F HEDGE FUNDS 46320309 F 49435632 LEASE LIABILITY 616611 ASSET RETIREMENT OBLIGATION 174000 SPLIT-INTEREST AGREEMENTS PAYABLE 44207 834818 X 48983946 2760964 605485 3366449 45617497 848009 8819118 9667127 55284624 50537798 243230 243230 50294568 848009 8819118 9667127 59961695 PART III, LINE 1A: GENERAL ARTWORK HUNG FOR DISPLAY IN AROUND THE SCHOOL. PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 300 FUNDS THAT ARE USED TO PROVIDE FINANCIAL AID AND INSTRUCTIONAL PROGRAMS FOR STUDENTS, TO PROVIDE DEVELOPMENT OPPORTUNITIES FOR FACULTY, AND TO SUPPORT SCHOOL OPERATIONS. PART X, LINE 2: THE SCHOOL QUALIFIES AS A TAX-EXEMPT NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. ACCORDINGLY, INCOME TAXES HAVE NOT BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION UNDER APPLICABLE ACCOUNTING GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 345,104. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 17,151. RENTAL EXPENSES 243,230. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,819,118. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 243,230. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,819,118. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS WORKING ON MOVING ITS NONDISCRIMINATION POLICY TO THE LANDING PAGE OF ITS WEBSITE. CURRENTLY IT IS PUBLISHED IN MULTIPLE MEDIA AT BLAKE, INCLUDING ON ADMISSIONS BROCHURES, IN PUBLICATIONS, ESPECIALLY MEDIA MATERIALS, AND ON POSTERS AT ALL THREE CAMPUSES. EUROPE 0 0 INVESTMENTS N/A 2976977 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 38282850 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS N/A 225858 0 0 0 0 0 0 41485685 0 41485685 1 0 0 1 1 0 PART I, LINE 3: ACCRUAL METHOD PART III ACCOUNTING METHOD: 1 STUDENT FINANCIAL AID 341 8819118 0 N/A N/A PART I, LINE 2: STUDENT FINANCIAL AID IS APPLIED DIRECTLY TO STUDENT ACCOUNTS FOR TUITION, FEES, BOOKS, AND MISCELLANEOUS STUDENT EXPENSES. FINANCIAL AID CONSISTS OF AWARDS BASED ON FINANCIAL NEED AS WELL AS TUITION REMISSION FOR THE ENROLLED CHILDREN OF EMPLOYEES. X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 STAVNEY ANNE E HEAD OF SCHOOL 569148 0 50000 0 110913 0 48160 0 15346 0 793567 0 0 0 GRAYBEAL ANNE ASSOCIATE HEAD OF SCHOOL 240549 0 0 0 43215 0 21318 0 9278 0 314360 0 0 0 KELLEY DANIEL A CFO/COO 271191 0 0 0 168 0 24662 0 18250 0 314271 0 0 0 RUGGIERO JOSEPH J UPPER SCHOOL DIRECTOR 226134 0 0 0 138 0 20165 0 9326 0 255763 0 0 0 BOXER DAVID CHIEF INFORMATION OFFICER 179247 0 0 0 90 0 17539 0 59927 0 256803 0 0 0 SILVESTRI JOSEPH P DIRECTOR OF ADMISSIONS 205071 0 0 0 258 0 19313 0 38413 0 263055 0 0 0 SCHUBRING REBECCA L CHIEF ADVANCEMENT OFFICER 220060 0 0 0 258 0 20038 0 15242 0 255598 0 0 0 PART I, LINE 1A DR. ANNE STAVNEY: HOUSING ALLOWANCE, HOUSEHOLD MANAGER, HEALTH CLUB DUES, CAR - ALL INCLUDED IN TAXABLE INCOME PART I, LINE 1B THE HOUSING ALLOWANCE PROVIDED TO THE HEAD OF SCHOOL IS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE AS PART OF THE COMPENSATION PACKAGE AND IS NOT GOVERNED BY REIMBURSEMENT POLICIES. PART I, LINE 4B NAME: DR. ANNE STAVNEY, PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. CURRENT YEAR AMOUNT: $60,000 NAME: DANIEL KELLEY, PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. CURRENT YEAR AMOUNT: $20,000 A CITY OF COLUMBUS 416008885 2022-02-28 33474000 REFUNDING + CONSTRUCTING AN EARLY LEARNING CENTER 0 0 0 A 551000 33474000 245249 20000000 13228751 2023 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 X 20 280821 STOCK MARKET QUOTES X OTHER NON-CASH 1 3350 DONOR VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) IS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE OFFICERS OF THE BOARD OF TRUSTEES AND SHALL SERVE AS THE HEAD OF SCHOOL COMPENSATION AND EVALUATION COMMITTEE. WHEN COMPLETION OF THE HEAD OF SCHOOL EVALUATION EXTENDS BEYOND JUNE 30, FOR THE PURPOSES OF COMPLETING THIS TASK THE COMMITTEE'S WORK MAY EXTEND INTO THE THREE MONTHS FOLLOWING THEIR FORMAL YEAR OF SERVICE. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY THE CHIEF FINANCIAL AND OPERATING OFFICER, THE HEAD OF SCHOOL, AND THE FINANCE COMMITTEE BEFORE BEING PROVIDED TO ALL TRUSTEES FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY APPLIES TO ITS TRUSTEES, OFFICERS, ADMINISTRATORS, FACULTY AND OTHER EMPLOYEES. WHEN A POTENTIAL CONFLICT OF INTEREST EXISTS, THE PERSON WITH THE CONFLICT NOTIFIES THE CHAIR OF THE BOARD OF TRUSTEES OR THE HEAD OF SCHOOL SO THEY MAY TAKE APPROPRIATE ACTIONS. A TRUSTEE WHO IS DIRECTLY OR INDIRECTLY INVOLVED IN A POTENTIAL CONFLICT OF INTEREST IS NOT ALLOWED TO VOTE ON ANY ACTION OF THE BOARD REGARDING THE POTENTIAL CONFLICT AND IS NOT COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING OF THE BOARD WHERE THE POTENTIAL CONFLICT IS CONSIDERED. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PACKAGES FOR THE HEAD OF SCHOOL AND OTHER SIGNIFICANT POSITIONS DESIGNATED BY THE SCHOOL (INCLUDING CHIEF FINANCIAL AND OPERATING OFFICER; DIRECTOR OF INSTITUTIONAL ADVANCEMENT; ASSOCIATE HEAD OF SCHOOL; AND DIRECTOR OF ADMISSIONS AND FINANCIAL ASSISTANCE) ARE EACH REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD ANNUALLY. THE COMMITTEE IS COMPRISED ENTIRELY OF INDEPENDENT PERSONS AND UTILIZES SALARY AND BENEFIT SURVEY DATA OBTAINED FROM VARIOUS LOCAL, REGIONAL AND NATIONAL SOURCES. MINUTES FROM THE MEETINGS ARE MAINTAINED AND APPROVED BY THE COMMITTEE. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN DURING THE 2022-2023 SCHOOL YEAR FOR THE HEAD OF SCHOOL AND OTHER OFFICERS AND HIGHLY COMPENSATED EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 345,104. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 17,151. OAKLEAF ENDOWMENT TRUST FOR THE BLAKE SCHOOL 80 S 8TH ST NO 1800 MINNEAPOLIS MN 55402 416469031 ENDOWMENT MN 501(C)(3) LINE 12A, I THE BLAKE SCHOOL 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0