2023-05-12T09:36:32-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2021-07-01 237243247 THE BLAKE SCHOOL BLAK 9529883459 110 BLAKE ROAD SOUTH HOPKINS MN 55343 ANNE E STAVNEY HEAD OF SCHOOL 9529883451 2023-05-09 1 ANNE STAVNEY 999009999 SARAH REICHLING P01587996 6123764500 2023-05-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANNE E STAVNEY 110 BLAKE ROAD SOUTH HOPKINS MN 55343 97749450 0 X WWW.BLAKESCHOOL.ORG X 1900 MN TO PROVIDE STUDENTS WITH AN EXCELLENT, ACADEMICALLY CHALLENGING EDUCATION. 18 17 671 275 -9057 0 9199374 7907449 45714807 48742724 311298 2183976 -43711 -9057 55181768 58825092 8725653 8835696 0 0 32839056 34513303 0 0 2170922 15451028 14300866 57015737 57649865 -1833969 1175227 191397009 202228265 22283810 44973400 169113199 157254865 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 48195209 8835696 48742724 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 2021-2022 WAS 1,361 STUDENTS. IN SUPPORT OF ITS COMMITMENT TO CULTURAL AND SOCIOECONOMIC DIVERSITY AS BEING AN ESSENTIAL PART OF ITS EDUCATIONAL GOALS, THE SCHOOL GRANTED $8,725,979 IN FINANCIAL AID TO 355 STUDENTS. 48195209 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 17 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 X 876398 0 62890 SALDANHA AMY CHAIR 1.00 0.00 X X 0 0 0 BOWLES JASON VICE CHAIR 1.00 0.00 X X 0 0 0 MAY COLLEEN TREASURER 1.00 0.00 X X 0 0 0 SMITH CHRISTOPHER SECRETARY 1.00 0.00 X X 0 0 0 ABRAHAM CHAD TRUSTEE 1.00 0.00 X 0 0 0 BENNETT MOSI TRUSTEE 1.00 0.00 X 0 0 0 BIZILY NEIL TRUSTEE 1.00 0.00 X 0 0 0 HIGGINS RICHARD TRUSTEE 1.00 0.00 X 0 0 0 MEREDITH ROSS TRUSTEE 1.00 0.00 X 0 0 0 MILLER WILLIAM TRUSTEE 1.00 0.00 X 0 0 0 MYREN KEVIN TRUSTEE 1.00 0.00 X 0 0 0 NEALON HEMA TRUSTEE 1.00 0.00 X 0 0 0 OXFORD DAVID TRUSTEE 1.00 0.00 X 0 0 0 SIMMONS MOLLY 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 KELLEY DANIEL A CHIEF FINANCIAL AND OPERATING OFFICER 50.00 0.00 X 259870 0 41723 GRAYBEAL ANNE INTERIM LOWER SCHOOL DIRECTOR & ASSOCIATE HEAD OF 50.00 0.00 X 230654 0 29650 RUGGIERO JOSEPH J UPPER SCHOOL DIRECTOR 50.00 0.00 X 219578 0 28806 SCHUBRING REBECCA L CHIEF ADVANCEMENT OFFICER 50.00 0.00 X 214298 0 34598 SILVESTRI JOSEPH P DIRECTOR OF ADMISSIONS AND FINANCIAL ASSISTANCE 50.00 0.00 X 196946 0 58051 BOXER DAVID CHIEF INFORMATION OFFICER 50.00 0.00 X 173469 0 75131 2171213 0 330849 69 0 1 0 MA MORTENSON COMPANY 700 MEADOW LANE NORTH MINNEAPOLIS MN 55422 CONSTRUCTION 4262917 TAHER INC BIN 135092 MINNEAPOLIS MN 554801150 FOOD SERVICE 3300484 HAMMEL GREEN AND ABRAHAMSON INC DBA H SDS 12-1861 PO BOX 86 MINNEAPOLIS MN 554861861 JANITORIAL 2558681 METROPOLITAN MECHANICAL CONTRACTORS INC 7450 FLYING COULD DRIVE EDEN PRAIRIE MN 55344 MECHANICAL SERVICES 926018 FIVE STAR H ENTERPRISES INC 7300 METRO BOULEVARD EDINA MN 55439 JANITORIAL 812200 12 7907449 377733 7907449 TUITION 611600 45873929 45873929 AUXILIARY SERVICES 611710 2506107 2506107 OTHER PROGRAM REVENUE 611710 362688 362688 48742724 162202 162202 248068 257125 -9057 -9057 -9057 40689007 38667233 2021774 2021774 2021774 58825092 48742724 -9057 2183976 8835696 8835696 923368 124200 550768 248400 25793750 22134917 2547258 1111575 1953874 1710658 157916 85300 4000710 3028037 757538 215135 1841601 1537615 211274 92712 75556 75556 52738 52738 228930 228930 3340420 2524480 656724 159216 183765 9439 90534 83792 374061 225783 127528 20750 722605 501886 217943 2776 1731370 1537144 184716 9510 198725 178171 16044 4510 606289 364149 175236 66904 399888 354029 43611 2248 4106531 3628942 454182 23407 381710 45296 336414 INSTRUCTIONAL EXPENSES 1048152 1048152 OTHER EXPENSES 270571 153796 114983 1792 PROF. DEVELOPMENT 237253 228614 4092 4547 DUES AND SUBSCRIPTIONS 182357 24205 119804 38348 159945 159945 57649865 48195209 7283734 2170922 5452147 4467408 6269116 25396155 2637013 5028703 464476 786165 34913 29691 455603 483914 129782153 50355854 76994076 79426299 51140682 36266357 47948465 50343573 518 0 191397009 202228265 4375842 6189013 3388796 4319100 14191519 33231476 327653 1233811 22283810 44973400 X 90784980 82148661 78328219 75106204 169113199 157254865 191397009 202228265 X 1175227 -11823860 -1209701 X 0 1 X 1 0 X 13701264 5327651 2849037 9199374 7907449 38984775 13701264 5327651 2849037 9199374 7907449 38984775 13101961 25882814 1142986 2285189 702907 167582 410270 4708934 57835 48550 44759 3400 154544 43848253 225861613 0.59030 0.63220 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARENT ASSOCIATION REVENUE - 2017 AMOUNT: $ 57,835. 2018 AMOUNT: $ 48,550. 2019 AMOUNT: $ 44,759. 2020 AMOUNT: $ 3,400. SPECIAL EVENT REVENUE - RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 101222923 537681 -10218867 3517030 88024707 73974997 897781 29480036 3129891 101222923 75448947 1860554 -306290 3028214 73974997 73562082 2479528 2382569 2975232 75448947 66578358 6636980 3487087 3140343 73562082 0.37721 0.45845 0.16434 1 1 1 1420428 1977136 3397564 104643824 41880670 62763154 5116220 1560283 3555937 10512995 6902792 3610203 6111550 12109 6099441 79426299 INTEREST IN CHARITABLE REMAINDER TRUST 239815 F INTEREST IN PERPETUAL TRUST 2770219 F HEDGE FUNDS 47333539 F 50343573 ASSET RETIREMENT OBLIGATION 309000 SPLIT-INTEREST AGREEMENTS PAYABLE 46931 LEASE LIABILITY 877880 1233811 X 36984030 -11823860 -952576 -12776436 49760466 228930 8835696 9064626 58825092 48842364 257125 257125 48585239 228930 8835696 9064626 57649865 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 -327,787. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -46,839. RENTAL EXPENSES 257,125. LOSS ON REFINANCING OF LONG-TERM DEBT -835,075. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,835,696. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 257,125. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,835,696. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S NONDISCRIMINATION POLICY IS PUBLISHED IN MULTIPLE MEDIA AT BLAKE, INCLUDING ON ITS WEBSITE, IN PUBLICATIONS, ESPECIALLY MEDIA MATERIALS, AND ON POSTERS AT ALL THREE CAMPUSES. EUROPE 0 0 INVESTMENTS N/A 3324505 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 39966711 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS N/A 161266 0 0 0 0 0 0 43452482 0 43452482 1 0 0 1 1 0 PART I, LINE 3: ACCRUAL METHOD PART III ACCOUNTING METHOD: 1 STUDENT FINANCIAL AID 355 8835696 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 1 1 X X X X 0 1 0 0 0 0 0 0 0 STAVNEY ANNE E HEAD OF SCHOOL 562681 0 32000 0 281717 0 47725 0 15165 0 939288 0 0 0 KELLEY DANIEL A CHIEF FINANCIAL AND OPERATING OFFICE 259732 0 0 0 138 0 23692 0 18031 0 301593 0 0 0 GRAYBEAL ANNE INTERIM LOWER SCHOOL DIRECTOR & ASSO 230585 0 0 0 69 0 20485 0 9165 0 260304 0 0 0 SILVESTRI JOSEPH P DIRECTOR OF ADMISSIONS AND FINANCIAL 196688 0 0 0 258 0 18733 0 39318 0 254997 0 0 0 SCHUBRING REBECCA L CHIEF ADVANCEMENT OFFICER 214040 0 0 0 258 0 19436 0 15162 0 248896 0 0 0 BOXER DAVID CHIEF INFORMATION OFFICER 173325 0 0 0 144 0 17007 0 58124 0 248600 0 0 0 RUGGIERO JOSEPH J UPPER SCHOOL DIRECTOR 219440 0 0 0 138 0 19593 0 9213 0 248384 0 0 0 PART I, LINE 1A ANNE E. STAVNEY: HOUSING ALLOWANCE, HOUSEHOLD MANAGER, HEALTH CLUB DUES, CAR - ALL INLCUDED 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 ANNE E. STAVNEY: PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $60,000 DAN KELLEY: PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. TOTAL CONTRIBUTIONS OF $20,000 A CITY OF COLUMBUS MINNESOTA 416008885 1928-02-28 7761234 REFUNDING/REFINANCE 0 0 0 A 33474000 245249 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 27 377732 STOCK MARKET QUOTES 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) IS THE NUMBER OF CONTRIBUIONS. 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 AND APPROVED BY THE CHIEF FINANCIAL AND OPERATING OFFICER, THE HEAD OF SCHOOL, AND THE FINANCE COMMITTEE BEFORE BEING PROVIDED TO ALL TRUSTEES. 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 THAT 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 MEETING ARE MAINTAINED AND APPROVED BY THE COMMITTEE. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN DURING THE 2021-2022 SCHOOL YEAR FOR THE HEAD OF SCHOOL, A. STAVNEY; 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 -327,787. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -46,839. LOSS ON REFINANCING OF LONG-TERM DEBT -835,075. 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