2020-07-13T11:14:47-07:00 2019-06-30 Robert Reese Procaccini CPA 2151 Hamline Avenue North Suite 212 Roseville MN 55113 990 2018-07-01 900642816 ROCHESTER STEM ACADEMY ROCH 5072812381 415 16th Street SW Rochester MN 55902 Charlene Ellingson Executive Director 5072812381 2020-05-08 1 Robert Procaccini P01890510 9529920995 2020-05-08 216.160.45.173 2018 2020-09-23 17:36:50Z Charlene Ellingson 415 16th Street SW Rochester MN 55902 1945822 0 X www.rochesterstemacademy.org X 2010 MN The mission of Rochester STEM Academy is to provide a highly supportive learning environment for minority, immigrant and other students currently underserved in traditional (Continued on Schedule O, Statement 1) 5 4 36 10 0 0 1795175 1945439 0 0 40 383 0 0 1795215 1945822 0 0 0 0 1147013 877339 0 0 0 812890 873710 1959903 1751049 -164688 194773 1486825 1337907 2105529 1761838 -618704 -423931 The mission of Rochester STEM Academy is to provide a highly supportive learning environment for minority, immigrant and other students currently underserved in traditional area high schools and greatly underrepresented in Rochester's STEM (Science, Technology, Engineering, and Mathematics) industries through a challenging program that emphasizes creativity, accountability, ongoing assessments, college-preparation, and high academic achievement. 0 0 1448986 0 0 Rochester STEM Academy is a tuition-free public charter school serving approximately 113 students in grades 9 through 12 for the 2018-2019 school year. Rochester STEM Academy was 1 of only 2 charter school applications in the entire state to be approved in 2010 and chosen to receive a federal planning grant. It's founding board was brought together in response to the pent-up demand for an academically rigorous charter high school that could give a viable boost to Rochester's industries and children in terms of both academics and future employment. 0 0 0 1448986 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 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 0 0 0 1 10 0 1 36 1 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X Dieci School Finance LLC 6516366358 2151 Hamline Avenue North Suite 212 Roseville MN 55113 Mohamoud Hamud Board Chair 1 0 X X 0 0 0 Abdulkadir Abdalla Board Treasurer 1 0 X X 0 0 0 Zachary Jones Board Vice Chair 40 0 X X 42816 0 10407 Mohamed Abdalla Board Member 1 0 X 0 0 0 Ayan Mumin Board Member 1 0 X 0 0 0 Bryan Rossi Executive Director 40 0 X 95683 0 8413 138499 0 18820 1 0 0 0 Rochester Math & Science Academy 415 16th Street SW Rochester MN 55902 Transportation 169600 Munna Halal 1352 3rd Ave SE Rochester MN 55904 Food Service 130568 2 0 0 0 0 1922922 22517 0 1945439 0 383 383 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1945822 383 0 0 0 0 0 0 0 0 0 0 150051 47513 102538 0 0 0 0 0 700022 657474 42548 0 -134811 -145891 11080 0 97758 94556 3202 0 64319 53349 10970 0 46107 0 46107 0 0 0 0 0 56629 0 56629 0 0 0 0 0 0 0 0 0 0 0 59940 59940 0 0 10000 0 10000 0 5697 0 5697 0 19712 6420 13292 0 0 0 0 0 280534 280534 0 0 0 0 0 0 0 0 0 0 3937 3937 0 0 0 0 0 0 0 0 0 0 7564 7564 0 0 10047 10047 0 0 Transportation 175576 175576 0 0 Food Service 132052 132052 0 0 Facility Costs 34779 34779 0 0 Instructional Materials 31136 31136 0 0 0 0 0 0 1751049 1448986 302063 0 191581 121675 0 12129 147158 242216 0 0 0 0 0 0 0 0 0 0 29091 17748 144914 94255 32330 50659 1086665 893480 1486825 1337907 89912 107314 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2015617 1654524 2105529 1761838 X -651034 -474590 32330 50659 0 0 -618704 -423931 1486825 1337907 194773 0 0 0 0 0 X 0 1 X 1 0 X 0 0 0 0 0 0 0 0 33301 18948 14353 0 111613 75307 36306 0 0 0 0 50659 Deferred Outflows of Resources 893480 893480 0 Pension Liability - Long Term 706290 Deferred Inflows of Resources 948234 1654524 X 1945822 0 0 0 0 0 1945822 0 0 0 1945822 1751049 0 0 0 0 0 1751049 0 0 0 1751049 Schedule D, Part X, Line 2 A tax expense or benefit from an uncertain income tax position (including tax-exempt status) may be recognized only when it is more likely than not that the position will be sustained upon examination by taxing authorities. Management believes the school has no uncertain income tax positions that would result in an accrual, expense or benefit under the more likely than not standard. Generally, tax filings for the prior three years remain open to inspection by regulatory authorities. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The nondiscrimination policy is included in the Board of Directors "Equal Educational Opportunity" policy, published on the school's website, and included in brochures. The policy is also communicated in all solicitation and registration materials. Schedule E, Part I, Line 6 Explanation of Government Financial Aid: Rochester STEM Academy is a public school that is funded by the Minnesota Department of Education and the federal government. Form 990, Part I, Line 1 area high schools and greatly underrepresented in Rochester's STEM (Science, Technology, Engineering, and Mathematics) industries through a challenging program that emphasizes creativity, accountability, ongoing assessments, college-preparation, and high academic achievement. Form 990, Part VI, Section A, Line 7a The following individuals may vote in the election of board members: Staff members who are employed by Rochester STEM Academy, Including teachers providing instruction under a contract with a cooperative; students enrolled at Rochester STEM Academy who are at least 18 years of age; and all parents and legal guardians or children enrolled at Rochester STEM Academy. Form 990, Part VI, Section B, Line 11b The Director reviews the 990 tax return with the accounting service provider and tax preparer. This process is done before Form 990 is filed. Form 990, Part VI, Section B, Line 12c Annually, board members and key employees complete a full disclosure which includes the member, spouse, & close relatives of potential conflicts of interest. If a board member has a potential conflict of interest, they do not vote on that matter. Form 990, Part VI, Section B, Line 15 The board determines the compensation as part of the budget process, generally a flat percentage among all staff. Form 990, Part VI, Section C, Line 19 Public documents are made available upon request.