2023-05-15T16:35:21-05:00 2022-06-30 411690382 Malloy Montague Karnowski Radosevich 5353 Wayzata Blvd Ste 410 Minneapolis MN 55416 990 2021-07-01 474954005 DaVinci Academy ABC DAVI 7637546577 532 Bunker Lake Blvd NE Ham Lake MN 55304 Holly Fischer Interim Executive Director 7637546577 2023-05-15 1 Holly Fischer XXX-XX-XXXX Victoria L Holinka P00735616 9525450424 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Holly Fischer 532 Bunker Lake Blvd NE Ham Lake MN 55304 1765064 0 X https://davincicharterschool.org/our-school/davin X 2015 MN To support DaVinci Academy of Arts and Science by providing rental facitilies. 3 3 0 0 0 0 0 0 1643253 1764503 157 561 0 0 1643410 1765064 0 0 0 0 0 0 0 0 0 1751643 1709027 1751643 1709027 -108233 56037 23437776 23082422 26244994 25837057 -2807218 -2754635 The mission of the DaVinci Academy ABC is to support DaVinci Academy of Arts and Science by providing rental facilities for the property that will be used by the school. 0 0 1709027 1765064 The corporation is organized and shall be operated exclusively in support of DaVinci Academy of Arts and Science, and in particular, to purchase, own and construct a public schoolhouse on real estate for lease to DaVinci Academy of Arts and Science. 1709027 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 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 X 3 3 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 MN X Debra Lach 7637546577 532 Bunker Lake Blvd Ham Lake MN 55304 X Terry Moffatt Clerk 1.00 40.00 X X 0 0 0 Ross Meisner Treasurer 1.00 X X 0 0 0 Dale Lieb Chair 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 Rent 611710 1764503 1764503 1764503 561 561 1765064 1765064 0 0 21902 21902 1195941 1195941 491184 491184 1709027 1709027 0 0 3010497 3149781 3454 21897377 1964736 20423825 19932641 23437776 23082422 25100000 25227306 521625 0 623369 609751 26244994 25837057 X 3013951 3149781 -5821169 -5904416 0 0 -2807218 -2754635 23437776 23082422 X 56037 -3454 X X 0 1 X 1 0 X X 1 DaVinci Academy of Arts and Science 743234914 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1136246 1136246 18229069 1458324 16770745 2532062 506412 2025650 19932641 Accrued interest 609751 609751 X Part X, Line 2: The Academy and the Building Company are exempt from income taxes under IRC 501(c)(3). Both are subject to a tax on income from any unrelated business. The Academy and the Building Company are subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board Accounting Standards Codification 740-10. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Academy and the Building Company have analyzed tax positions taken for filing with the IRS and state jurisdiction where they operate, and believe that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on their respective financial condition, results of operations, or cash flows. Accordingly, the Academy and the Building Company have not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at year-end. The Academy and the Building Company are subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods. A City of Ham Lake 410973981 4066511AC 2016-05-25 23461347 0 0 0 A 23461347 1534943 1312534 455369 20158501 0 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 Form 990, Part VI, Section A, line 6 The sole member of the organization is DaVinci Academy of Arts and Science. Form 990, Part VI, Section A, line 7a The sole member has the power to remove or appoint directors of the organization. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent accounting firm. Once the form is completed it is given to management and the board treasurer for review before it is signed and filed. All members are not provided a complete Form 990. Form 990, Part VI, Section C, line 19 DaVinci Academy of Arts and Science and DaVinci Academy ABC make its governing documents, conflict of interest policy, and financial statements available to the public on their website and upon request. Form 990, Part XI, line 9: Transfer to School -3,454. FORM 990, PART XII, LINE 2C: The related School Board reviews and approves the audit and the selection of the independent auditor annually. This process has not changed from the prior year. RELATED ORGANIZATION COMPENSATION Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted. FORM 990, PART VI, Section A, Line 1B Several members of the Board are teachers at the school. Minnesota State Statute 124D.10 subd. 4(g) requires the Board to have at least one member that is an employed/contracted teacher. DaVinci Academy of Arts and Science 13001 Central Avenue Northeast Blaine MN 55434 743234914 School MN 501(c)(3) Line 2 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 DaVinci Academy of Arts & Science K 1764503 Lease Agreement