2022-05-10T14:31:22-05:00 2021-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2020-07-01 820512811 Meridian Technical Charter High School Inc MERI 2088554075 3800 N Locust Grove Meridian ID 83646 Randy Yadon Principal 2082882928 2022-05-04 1 Randy Yadon 999009999 Kim Hunwardsen CPA P00484560 6122536500 2022-04-19 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Randy Yadon 3800 N Locust Grove Meridian ID 83646 2463395 0 X www.mtchs.org X 1999 ID To provide a high school education to students interested in the technology field. 7 7 29 7 0 0 2357216 2459720 0 0 15766 3675 0 0 2372982 2463395 0 0 0 0 1637257 1851736 0 0 0 600152 624246 2237409 2475982 135573 -12587 1701717 1959046 820281 1073334 881436 885712 X The Meridian Technical Charter High School, Inc. implements the innovations of today and tomorrow to provide a progressive educational experience for every student. We envision the lifelong application of learning, coupled with intelligent risk (Continued on Schedule O) taking in an environment fostering leadership, achievement and diversity. MTCHS continuously challenges and encourages participation as a productive member of the local and global communities. 0 0 1750071 Meridian Technical Charter High School Inc. (MTCHS) is an innovative free public high school that provides comprehensive career-technical education in Computer Science and Data, Electronics and Microcontrollers, Network Systems and Support, and Web and Media Design to approximately 200 students. These areas provide the foundation to computer related engineering fields.Covid 19:Due to COVID 19 MTCHS started the 20-21 school year with half the students in-person learning and half online, alternating days so that all students had equal time in-person. This lasted until the third quarter when all students were allowed back for in-person learning. 1750071 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Sharon Buckner 2082882928 3800 N Locust Grove Meridian ID 83646 X Wally Hedrick Board Chair 1.00 X X 0 0 0 Larry Andrews Board Vice Chair 1.00 X X 0 0 0 Diane DeSpain Board Secretary 1.00 X X 0 0 0 Staci Low Board Member 1.00 X 0 0 0 Nick Crabbs Board Member 1.00 X 0 0 0 Jim Bradbury Board Member 1.00 X 0 0 0 Tiffany Greyson Board Member 1.00 X 0 0 0 Randy Yadon Principal 50.00 X 104242 0 20918 104242 0 20918 1 0 0 0 0 2400733 58987 2459720 3675 3675 2463395 0 0 3675 124753 99802 24951 1211625 881255 330370 279949 196098 83851 140786 104606 36180 94623 69114 25509 202594 49371 153223 208460 188182 20278 46320 35049 11271 106543 85281 21262 10194 5213 4981 36979 35322 1657 8810 550 8260 Equipment Repair 4346 228 4118 2475982 1750071 725911 0 1185362 1376830 59972 23695 15399 0 595425 368504 220610 226921 220374 331600 1701717 1959046 229318 233585 590963 839749 820281 1073334 X 0 0 220610 226921 660826 658791 881436 885712 1701717 1959046 X -12587 16863 X X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 288690 122062 166628 306735 246442 60293 226921 Deferred Outflows - Pension Obligations 331600 331600 Net Pension Liability 811035 Deferred Inflows - Employer Pension Assumption 28714 839749 2463395 0 2463395 0 2463395 2475982 0 2475982 0 2475982 Part X, Line 2: The financial statements do not contain a footnote regarding the Organization's liability for uncertain tax positions under Fin 48 (ASC 740). A Fin 48 disclosure is not required; the charter follows Government Accounting Standards Board (GASB) reporting. 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Meridian Technical Charter High School advertises that it is an equal opportunity educator and employer via newspaper and school website. The Organization's admissions are based on the lottery systems established by Idaho code. Schedule E, Part I, Line 4 The Organization does not provide scholarships to students and does not solicit contributions. Schedule E, Part I, Line 6 The School was 93% funded by state governmental financial assistance for the 2020-2021 school year. Form 990, Part VI, Section A, line 1 The Executive Committee has authority to act on behalf of the Board between meetings. The Executive Committee consists of three board members, one of which is the President of the Board. The actions of the Executive Committee during the time between regular board meetings shall be agenda items at the next regular meeting of the entire board and will be approved or disapproved at that time. Form 990, Part VI, Section B, line 11b A copy of the Form 990 was provided to the organization's governing body via email for review before it was filed. The Form 990 was additionally reviewed by the high school principal and accounting personnel prior to filing. Form 990, Part VI, Section B, line 12c The conflict of interest policy is monitored district wide. If a Meridian Technical Charter High School (MTCHS) Board Member has a conflict of interest, they recuse themselves from voting on the issue brought before the MTCHS Board. This is noted in the MTCHS Board Minutes. Further, if an allegation arises of whether or not there is a conflict of interest and the actions of the Board Member are questioned, the information is brought before the authorizer of the charter: Joint School District #2. The Joint School District #2 Board of Trustees reviews conflict of interest allegations. Form 990, Part VI, Section B, line 15a The organization does not determine compensation directly; principal, teacher, and classified pay is set per the West Ada (Joint School District #2) Salary Schedule, but is reviewed and approved by the Meridian Technical Charter High School Board of Directors on an annual basis. Form 990, Part VI, Section C, line 19 The Financial Statements, Governing Documents, and Conflict of Interest Policy are available on the organization's website for public inspection. Form 990, Part VII, Column F: The Organization participates in the Public Employee Retirement System of Idaho, a defined benefit plan, due to the size and varied participants in this plan the actuarial value is not calculated on a per employee basis. The amount included in column F for deferred compensation includes the actual contributions to the plan, but does not include any amount for a reasonable estimate of the increase in actuarial value. Form 990, Part XI, line 9: Reclassification of agency funds to a special revenue fund. 16,863. Form 990, Part XII, Line 1, Other Accounting Method: Fund Accounting - the accounts of the Charter are organized and operated on the basis of funds; the charter follows Governmental Accounting Standards Board (GASB) requirements.