2023-04-06T11:10:49-05:00 2022-06-30 411431613 BERGANKDV LTD 12100 MEREDITH DR SUITE 200 URBANDALE IA 50323 990 2021-07-01 411822009 ATHLOS LEADERSHIP ACADEMY ATHL 7637778942 10100 NOBLE PARKWAY BROOKLYN PARK MN 55443 JENNIFER GERAGHTY PRINCIPAL 7637778942 2023-04-04 1 JENNIFER GERAGHTY 999009999 KATHLEEN NEW CPA P01320485 5157275700 2023-03-31 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANN DEGROOT 10100 NOBLE PARKWAY BROOKLYN PARK MN 55443 14359474 0 X WWW.ATHLOSBROOKLYNPARK.ORG X 1994 MN SEE PART III, LINE 1 5 3 148 4 0 0 13951303 14161298 59573 186170 193 282 101170 6008 14112239 14353758 0 0 0 0 6208736 6653780 0 0 0 6990851 6746759 13199587 13400539 912652 953219 8224554 8310126 11394106 10370437 -3169552 -2060311 X ATHLOS LEADERSHIP ACADEMY IS A PRE-K THROUGH 8TH GRADE PUBLIC CHARTER SCHOOL THAT BELIEVES IN PROVIDING STUDENTS WITH A CHALLENGING AND COMPREHENSIVE HIGH SCHOOL PREPARATORY EDUCATION THROUGH HIGH STANDARDS FOR ACADEMIC SCHOLARSHIP, FITNESS AND NUTRITION, CHARACTER DEVELOPMENT AND STUDENT LEADERSHIP OPPORTUNITIES. 0 0 11658910 187194 ATHLOS LEADERSHIP ACADEMY (ALA) IS A PREK THROUGH 8TH GRADE CHARTER SCHOOL LOCATED IN BROOKLYN PARK, MINNESOTA. THE SCHOOL SERVES APPROXIMATELY 887 STUDENTS. ATHLOS IS A UNIQUE PUBLIC SCHOOL MODEL THAT PREPARES KIDS FOR A COMPETITIVE FUTURE IN THREE ESSENTIAL WAYS: ACADEMICS + ATHLETICS + CHARACTER. ALA PROVIDES A SCHOOL CLIMATE WHERE BOTH ACADEMIC ACHIEVEMENT AND A CARING COMMUNITY ARE VALUED. 11658910 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 8 0 1 148 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X BERGANKDV 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 X JENNIFER GERAGHTY PRINCIPAL 40.00 1.00 X 206252 0 27229 KIT MURLEY-HENSPETER FORMER MEMBER/TEACHER 40.00 X 84272 0 12714 CAROLINE WALKER SECRETARY 41.00 X X 46239 0 16443 RYAN NELSON MEMBER/TEACHER 41.00 X 37057 0 17705 KATHRYN PHELPS FORMER MEMBER/TEACHER 40.00 X 30974 0 5740 ANN DEGROOT BOARD CHAIR 1.00 1.00 X X 0 0 0 JOY BLANCHARD TREASURER 1.00 X X 0 0 0 FARXIYO OLOW MEMBER 1.00 X 0 0 0 404794 0 79831 1 1 1 0 METROPOLITAN TRANSPORTATION NETWORK 8260 HICKORY ST NE FRIDLEY MN 55432 BUS SERVICE 1759431 ATHLOS LEADERSHIP OF MINNESOTA LLC 855 W BROAD ST 300 BOISE ID 83702 CHARTER MANAGEMENT ORGANIZATION 749597 TRIO COMMUNITY MEALS LLC 300 S TRYON ST SUITE 400 CHARLOTTE NC 28202 FOOD SERVICE 370932 CREATIVELY FOCUSED 1155 CENTRE POINT DRIVE SUITE 6 MENDOTA HEIGHTS MN 55120 STUDENT SUPPORT SERVICES 173989 FAMILY ACHIEVEMENT CENTER INC 2101 WOODDALE DRIVE STE A WOODBURY MN 55125 STUDENT SUPPORT SERVICES 138982 7 14161243 55 14161298 PREK TUITION 611600 179297 179297 MEDICAL ASSISTANCE 611710 6428 6428 FEES FROM PATRONS 611710 420 420 FOOD SALES TO PUPILS 611710 25 25 186170 282 282 10700 5716 4984 4984 MISC REVENUE 611600 1024 1024 1024 14353758 187194 0 5266 375131 134199 240932 99384 99384 5015753 4738984 276769 403130 384448 18682 367628 318537 49091 392754 360414 32340 20056 20056 518 518 880497 880497 455931 425951 29980 156036 138008 18028 338617 265553 73064 2049084 2049084 11884 9909 1975 6396 6396 172498 102020 70478 54375 54375 STUDENT TRANSPORTATION 1807620 1807620 FOOD SERVICE 489516 489516 INSTRUCTIONAL SUPPLIES 169188 169188 EQUIP RENTAL & MAINT 59583 59583 74960 45741 29219 13400539 11658910 1741629 0 X 49970 50000 2272385 2756586 1440264 1538442 97564 116444 2404011 953238 1207940 1450773 3156431 2397881 8224554 8310126 694341 695275 8600 7231 182781 97940 10508384 9569991 11394106 10370437 X -4194711 -3413145 1025159 1352834 0 0 -3169552 -2060311 8224554 8310126 X 953219 156022 X X 0 1 X 1 1 1 X 901305 369940 531365 1502706 583298 919408 1450773 DEFERRED OUTFLOWS - PENSION 2374056 DUE FROM AFFILIATED BUILDING COMPANY 23825 2397881 NET PENSION LIABILITY 3592204 DEFERRED INFLOWS - PENSION 5977787 9569991 14358593 4835 4835 14353758 0 14353758 13159275 1671576 1671576 11487699 1912840 1912840 13400539 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPARTAN INNOVATION BUILDING CORPORATION REVENUES 595. PENSIONS 4,240. PART XII, LINE 2D - OTHER ADJUSTMENTS: PENSIONS -151,783. SPARTAN INNOVATION BUILDING CORPORATION EXPENSES 1,823,359. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENT 1,912,840. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL DOES NOT ADVERTISE DURING THE SOLICITATION PERIOD, HOWEVER, THE NONDISCRIMINATION POLICY IS MADE AVAILABLE IN BROCHURES AND HANDBOOKS. SCHEDULE E, PART I, LINE 4 NO SCHOLARSHIPS AWARDED. SCHEDULE E, PART I, LINE 6 AS A MN PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE EDUCATION AID AND FEDERAL GRANT FUNDING. 1 X X X 0 0 0 0 0 0 0 0 0 JENNIFER GERAGHTY PRINCIPAL 178332 0 0 0 27920 0 17347 0 9882 0 233481 0 0 0 KIT MURLEY-HENSPETER FORMER MEMBER/TEACHER 67929 0 0 0 16343 0 7357 0 5357 0 96986 0 0 0 KATHRYN PHELPS FORMER MEMBER/TEACHER 29024 0 0 0 1950 0 2587 0 3153 0 36714 0 0 0 BRAEDON GERAGHTY FAMILY RELATIONSHIP WITH JENNIFER GERAGHTY, PRINCIPAL 49393 FISCAL YEAR COMPENSATION 0 COLLIN GERAGHTY FAMILY RELATIONSHIP WITH JENNIFER GERAGHTY, PRINCIPAL 6483 FISCAL YEAR COMPENSATION 0 GRIFFIN GERAGHTY FAMILY RELATIONSHIP WITH JENNIFER GERAGHTY, PRINCIPAL 9161 FISCAL YEAR COMPENSATION 0 SCHEDULE L, PART IV: ALL TRANSACTIONS WITH RELATED PARTIES ARE PROVIDED AT FAIR MARKET VALUE. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS OF THE BOARD ARE SELECTED BY A MAJORITY VOTE OF ALL ELIGIBLE VOTERS. CUMULATIVE VOTING IS NOT PERMITTED. EACH ELIGIBLE VOTER SHALL HAVE ONE VOTE FOR EACH DIRECTOR TO BE ELECTED. ELIGIBLE VOTERS INCLUDE ALL STAFF MEMBERS, TEACHERS EMPLOYED BY THE SCHOOL INCLUDING MEMBERS OF A COOPERATIVE EMPLOYED BY THE SCHOOL, BOARD MEMBERS, AND ALL PARENTS OR LEGAL GUARDIANS OF CHILDREN ENROLLED IN THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ACADEMY'S ACCOUNTANT AND THE FULL FORM IS REVIEWED BY THE PRINCIPAL. THE PUBLIC DISCLOSURE VERSION OF THE FORM 990 IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS AND MEMBERS OF EACH COMMITTEE WITH BOARD-DELEGATED POWERS. EACH COVERED INDIVIDUAL SHALL COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY ANNUAL STATEMENTS AT THE TIME OF HIS OR HER INITIAL ELECTION OR APPOINTMENT AND ANNUALLY THEREAFTER. A VIOLATION OF THE SCHOOL'S POLICY RENDERS A CONTRACT VOIDABLE AT THE OPTION OF THE COMMISSIONER OR THE CHARTER SCHOOL BOARD OF DIRECTORS. A MEMBER OF THE SCHOOL'S BOARD OF DIRECTORS WHO VIOLATES THIS PROHIBITION IS INDIVIDUALLY LIABLE TO THE CHARTER SCHOOL FOR ANY DAMAGES CAUSED BY THE VIOLATION IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS RELATING TO HIS OR HER FINANCIAL INTEREST TO THE DIRECTORS OR MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTEREST PERSON, THE INTERESTED PERSON MUST LEAVE THE BOARD (OR COMMITTEE) MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD (OR COMMITTEE) MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE MEETING MINUTES SHALL DOCUMENT THE NAMES OF THE PERSONS WHO DISCLOSED A RELATIONSHIP OR OTHERWISE WERE FOUND TO HAVE A CONFLICT, THE NATURE OF THE RELATIONSHIP, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT AND THE BOARD'S (OR COMMITTEE'S) DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED, THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSIONS, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE SCHOOL PRINCIPAL, J GERAGHTY INCLUDED AN APPROVAL BY THE BOARD. THE SALARY WAS DETERMINED ON A BASIS CONSISTENT WITH THE PRIOR YEAR'S SALARY AND WITHIN THE LIMITATIONS OF THE BUDGET. THE SCHOOL'S ANNUAL FISCAL YEAR BUDGET INCLUDED RESEARCH DATA WITH COMPENSATION INFORMATION FOR PRINCIPALS IN COMPARABLE SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: RELATED BOARD MEMBERS: PER MN STATUTE 124E.07, CHARTER SCHOOLS ARE REQUIRED TO HAVE A LICENSED TEACHER AS A MEMBER OF THE BOARD OF DIRECTORS. RYAN NELSON AND CAROLINE WALKER ARE BOARD MEMBERS BUT RECEIVE COMPENSATION FOR THEIR SERVICES AS A TEACHER. 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 68 - PENSION ADJUSTMENT 156,022. FORM 990, PART XII, LINE 2C THE BOARD IS RESPONSIBLE FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. SPARTAN INNOVATION BUILDING CORPORATION 10100 NOBLE PKY BROOKLYN PARK MN 55443 474004934 RENTAL PROPERTY MN 501(C)(3) LINE 12A, I ATHLOS LEADERSHIP ACADEMY 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 SPARTAN INNOVATION BUILDING CORPORATION K 1912840 LEASE AGREEMENT SPARTAN INNOVATION BUILDING CORPORATION D 23825 YEAR-END BALANCE