2025-01-27T13:06:12-06:00 2024-06-30 411656121 SCHLENNER WENNER & CO CPA'S PA 630 ROOSEVELT RD STE 201 ST CLOUD MN 56301 990 2023-07-01 454743465 EDUCATIONAL PROPERTIES INC EDUC 7635927706 9477 DECATUR DR N BROOKLYN PARK MN 55445 MICHAEL YANG CHAIR 7635927706 2025-01-13 1 1 SHELLEY M GAETZ P00066049 3202510286 2025-01-13 2023 2025-03-06 01:10:19Z MICHAEL YANG 9477 DECATUR DR N BROOKLYN PARK MN 55445 1655413 0 X WWW.NOBLEACADEMY.US X 2009 MN TO ACQUIRE AND MAINTAIN REAL PROPERTY FOR LEASE TO NOBLE ACADEMY. 3 3 0 3 0 0 0 0 1528550 1528550 68459 126863 0 0 1597009 1655413 0 0 0 0 0 0 0 0 0 1301335 1258784 1301335 1258784 295674 396629 20098681 19976139 20384799 19865628 -286118 110511 TO ACQUIRE AND MAINTAIN REAL PROPERTY FOR LEASE TO NOBLE ACADEMY. 0 0 1258784 1528550 OWN AND LEASE PROPERTY BACK TO NOBLE ACADEMY. 1258784 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MN X CLIFTONLARSONALLEN 6123764688 220 SOUTH 6TH ST UNIT 300 MINNEAPOLIS MN 55402 X TERESA HER SECRETARY 1.00 X X 0 0 0 MICHAEL YANG CHAIR 1.00 X X 0 0 0 SUSAN THOMPSON-WELLE TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 532000 1528550 1528550 1528550 126863 126863 1655413 1528550 0 126863 19120 19120 913550 913550 342285 342285 BOND PREMIUM -16171 -16171 1258784 1258784 0 0 2991282 3211025 19813931 3048817 17107399 16765114 20098681 19976139 24000 24000 19214594 18698423 1146205 1143205 20384799 19865628 X -19681369 -19155198 17107399 16765114 2287852 2500595 -286118 110511 20098681 19976139 396629 0 X 0 1 X 1 1 1 X X X 1 NOBLE ACADEMY 870790480 2 1 1528550 0 1 1528550 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2520561 2520561 17293370 3048817 14244553 16765114 ACCRUED INTEREST PAYABLE 456775 AMOUNTS OWED TO NOBLE ACADEMY 686430 1143205 X PART X, LINE 2: THE ACADEMY IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT ORGANIZATION UNDER IRS CODE SECTION 501(C)(3). DUE TO THE NOT-FOR-PROFIT NATURE AND PROVISION OF THE ACADEMY, ALL INCOME AND EXPENSES ATTRIBUTABLE TO THE MISSION OF THE ACADEMY ARE TAX EXEMPT AND ACCORDINGLY NO PROVISION OR LIABILITY FOR INCOME TAXES HAVE BEEN MADE IN THE FINANCIAL STATEMENTS AND CONTRIBUTIONS TO THE ACADEMY ARE TAX DEDUCTIBLE TO DONORS AS ALLOWED BY IRS REGULATIONS. HOWEVER, THE ACADEMY IS REQUIRED TO PAY STATE AND FEDERAL INCOME TAXES ON UNRELATED BUSINESS INCOME. IF THE ACADEMY WERE TO ENGAGE IN ANY ACTIVITIES THAT RESULTED IN UNRELATED BUSINESS INCOME, A TAX WOULD BE ASSESSED ON THAT ACTIVITY. THE ACADEMY IS OPEN AND SUBJECT TO EXAMINATION GENERALLY FOR THREE YEARS AFTER THE FILING DATE. A CITY OF HUGO MINNESOTA 410954838 444584AK2 2014-08-27 20530000 CHARTER SCHOOL LEASE REVENUE BONDS, SERIES 2014A 0 0 0 A 500000 20530000 1435000 894075 0 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 7A ALL STAFF MEMBERS WHO ARE EMPLOYED AT THE SCHOOL, INCLUDING TEACHERS PROVIDING INSTRUCTION UNDER A COOPERATIVE, AND ALL PARENTS OF CHILDREN ENROLLED IN THE SCHOOL MAY VOTE IN THE BOARD MEMBER ELECTION. EACH FAMILY OF AN ENROLLED STUDENT WILL GET A MAXIMUM OF TWO VOTES, THOSE VOTES WILL BE CAST BY THE PARENTS OR LEGAL GUARDIANS OF THE STUDENT ONLY. 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 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM AND REVIEWED BY THE SCHOOL'S FINANCE COMMITTEE AND APPROVED BY THE BOARD PRIOR TO SUBMISION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE BOARD OF DIRECTORS ON A REGULAR BASIS. ANY CONFLICT OF INTEREST ISSUES, IN APPEARANCE OR FACT, ARE THOROUGHLY REVIEWED PRIOR TO ANY FORMAL DECISION BEING MADE ON THE COURSE OF ACTION DETERMINED BY THE COMMISSIONER OF EDUCATION. INTERESTED PERSONS ARE PROHIBITED FROM SERVING AS A MEMBER OF THE SCHOOL'S BOARD OF DIRECTORS IF ALSO AS AN EMPLOYEE OR AGENT OF (DIRECTLY OR INDIRECTLY) A FOR-PROFIT ENTITY IN WHICH THE SCHOOL CONTRACTS ALL PROCEEDS ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 THE BUILDING COMPANY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. NOBLE ACADEMY 9477 DECATUR DRIVE NORTH BROOKLYN PARK MN 55445 870790480 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 NOBLE ACADEMY J 1528550 RENT RECEIVED