2024-04-11T10:19:44-05:00 2023-06-30 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2022-07-01 223971809 FRIENDS OF BEACON FRIE 7635469999 3415 LOUISIANA AVE N CRYSTAL MN 55427 ANN MARIE RODER PRESIDENT 7635469999 2024-04-03 1 ANN MARIE RODER 999009999 1 MICHAEL J PETERSON CPA P01833529 2187224705 2024-04-03 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANN MARIE RODER 3415 LOUISIANA AVE N CRYSTAL MN 55427 1181373 0 X WWW.BEACONACADEMY.COM X 2016 MN TO ACQUIRE AND MAINTAIN REAL PROPERTY FOR LEASE TO BEACON ACADEMY. 3 3 0 3 0 0 0 0 1112488 1109950 274 43672 13494 27751 1126256 1181373 0 0 0 0 0 0 0 0 0 1215803 1290363 1215803 1290363 -89547 -108990 14177825 13802411 15915902 15649478 -1738077 -1847067 TO ACQUIRE AND MAINTAIN REAL PROPERTY FOR LEASE TO BEACON ACADEMY. 0 0 1290363 0 1109950 TO ACQUIRE AND MAINTAIN REAL PROPERTY FOR LEASE TO BEACON ACADEMY. THE COMPANY ISSUED TAX EXEMPT DEBT IN 2018 FOR ACQUISITION AND RENOVATION OF THE CURRENT SCHOOL SITE. 1290363 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 X ANN MARIE RODER 7635469999 3415 LOUISIANA AVE N CRYSTAL MN 55427 X ANN MARIE RODER PRESIDENT 1.00 X X 0 0 0 MATTHEW GOODMAN TREASURER 1.00 X X 0 0 0 MELANIE SPALL SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 CHARTER SCHOOL RENTAL 532000 1109950 1109950 1109950 43672 43672 27751 27751 27751 1181373 1109950 0 71423 740700 740700 388637 388637 REPAIRS & MAINTENANCE 161026 161026 1290363 1290363 0 0 1905170 1928588 7990 0 14223596 2349773 12264665 11873823 14177825 13802411 74746 111796 15464537 15167332 376619 370350 15915902 15649478 X -376619 -370350 -3199872 -3293509 1838414 1816792 -1738077 -1847067 14177825 13802411 -108990 0 X X 0 1 X 0 0 X X X 1 BEACON ACADEMY 200158631 2 1 180413 0 1 180413 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2520561 2520561 11698591 2346588 9352003 4444 3185 1259 11873823 ACCRUED INTEREST PAYABLE 370350 370350 1181373 0 1181373 0 1181373 1202995 303474 303474 899521 390842 390842 1290363 PART XII, LINE 2D - OTHER ADJUSTMENTS: AMORTIZATION OF BOND PREMIUM 2,205. CHANGE IN ACCRUED INTEREST 6,269. REPAYMENT OF BOND PRINCIPAL 295,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 390,842. A CITY OF INDEPENDENCE MINNESOTA 410958873 45362RAE7 2016-07-27 16013353 PURCHASE AND BUILD SCHOOL 0 0 0 A 295000 16013353 1024512 319491 14669350 2017 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 1 A 1 SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: DATE THE REBATE COMPUTATION WAS PERFORMED: 01/27/2022 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBER OF THE CORPORATION IS BEACON ACADEMY. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER SHALL HAVE ONE HUNDRED PERCENT OF THE MEMBER VOTING POWER. THE MEMBER MAY FILL VACANCIES OCCURRING IN THE BOARD BY APPOINTMENT PROVIDED THAT APPOINTMENT SHALL BE A PERSON FROM THE SAME CATEGORY OF MEMBERSHIP AS THE PERSON BEING REPLACED. THE MEMBER MAY REMOVE ANY DIRECTOR FROM OFFICE WITH OR WITHOUT CAUSE; THE MEMBER SHALL APPOINT A NEW DIRECTOR TO REPLACE THE DIRECTOR BEING REMOVED. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE SCHOOL'S MANAGEMENT. THE REVIEWED DRAFT OF THE FORM 990 WAS THEN SENT TO THE BOARD FOR FINAL REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. FORM 990, PART XII, LINE 1: THE ORGANIZATION FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET. BEACON ACADEMY 3415 LOUISIANA AVE N CRYSTAL MN 55427 200158631 EDUCATION MN 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0