2020-04-30T10:43:16-05:00 2019-06-30 411431613 BERGANKDV LTD 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 990 2018-07-01 821729488 GLOBAL ACADEMY ABC GLOB 7634048200 3000 5TH STREET NW NEW BRIGHTON MN 55112 HELEN FISK SCHOOL DIRECTOR 7634048200 2020-04-07 1 THERESA GOETTE P01062926 9525636800 2020-04-07 70.97.219.241 2020-04-07 09:37:13 CD P 26FD29C46CA03EE3A513A87DB0D8118177507035 6043821AFCD7ED77A98774CF22E6A57363197761 2018 2020-09-22 18:59:49Z X CARL PHILLIPS 3000 5TH STREET NW NEW BRIGHTON MN 55112 43276 0 X WWW.GLOBALACADEMY.US X 2017 MN TO ACQUIRE AND RENOVATE PROPERTY AND LEASE TO GLOBAL ACADEMY. 0 0 0 3 0 0 0 0 1887 41389 43276 0 0 0 0 0 743359 743359 -700083 12392724 13133851 -741127 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND RENOVATE PROPERTY AND LEASE TO ITS SUPPORTING ORGANIZATION, GLOBAL ACADEMY, A MINNESOTA PUBLIC CHARTER SCHOOL. 0 0 743359 41389 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND RENOVATE PROPERTY AND LEASE TO ITS SUPPORTING ORGANIZATION, GLOBAL ACADEMY, A MINNESOTA PUBLIC CHARTER SCHOOL. 743359 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 MN X BERGANKDV 6514632233 22488 CHIPPENDALE AVE FARMINGTON MN 55024 X CARL PHILLIPS BOARD CHAIR 2.00 X 0 0 0 HALA ASAMARAI SECRETARY 2.00 X 0 0 0 ELIZABETH SLOCUM TREASURER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 1887 1887 MISCELLANEOUS REVENUE 900099 41389 41389 41389 43276 41389 0 1887 26002 26002 222 222 5750 5750 452195 452195 872 872 23270 23270 DEBT ISSUANCE COSTS 233198 233198 REPAIRS & MAINTENANCE 1850 1850 743359 743359 0 0 2540307 9853289 872 0 9852417 0 12392724 2064504 11000000 0 69347 0 13133851 X 0 -216047 0 -525080 0 0 0 -741127 0 12392724 X -700083 -41044 X 0 1 X 1 0 X X X 1 GLOBAL ACADEMY 300417217 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 6091439 6091439 12000 50 11950 14008 822 13186 3735842 3735842 9852417 ACCRUED INTEREST 6252 DUE TO GLOBAL ACADEMY 63095 69347 X 18194909 18151633 18151633 43276 0 43276 17372557 16636322 16636322 736235 7124 7124 743359 PART X, LINE 2: MANAGEMENT BELIEVES THAT IT IS NOT REASONABLE POSSIBLE FOR ANY TAX POSITION BENEFITS TO INCREASE OR DECREASE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. AS OF JUNE 30, 2019, THERE WERE NO INCOME TAX ACCRUED INTEREST OR PENALTIES RECOGNIZED IN EITHER THE STATEMENT OF FINANCIAL POSITION OR THE STATEMENT OF ACTIVITIES. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND IN THE MINNESOTA STATE JURISDICTION. U.S. FEDERAL RETURNS AND MINNESOTA RETURNS FOR THE PRIOR THREE FISCAL YEARS ARE CLOSED. NO RETURNS ARE CURRENTLY UNDER EXAMINATION IN ANY TAX JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: GLOBAL ACADEMY REVENUES 7,151,633. LOAN PROCEEDS 11,000,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: GLOBAL ACADEMY EXPENDITURES 6,883,033. CAPITALIZED BUILDING AND EQUIPMENT 9,753,289. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 872. CHANGE IN ACCRUED INTEREST PAYABLE 6,252. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS GLOBAL ACADEMY, INC. 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 A, LINE 7B THE ARTICLES OF INCORPORATION SHALL NOT BE AMENDED WITHOUT THE WRITTEN CONSENT OF THE SOLE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE SCHOOL ACCOUNTANT AND DISSEMINATED TO THE FULL BOARD AFTER IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ALL OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BEGINNING NET ASSETS -41,044. GLOBAL ACADEMY 3000 5TH STREET NW NEW BRIGHTON MN 55112 300417217 SCHOOL MN 501(C)(3) LINE 2 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0