2017-04-04T08:08:38-07:00 2016-06-30 Beltz Kes Darling & Associates 22488 Chippendale Ave W Farmington MN 55024 990 2015-07-01 800851487 Eagle Ridge Academy Affiliated Building Company EAGL 9527467760 11111 Bren Rd W Minnetonka MN 55343 Dan Hogan President 2017-03-06 true Theresa Kingsbury P01062926 6514632233 2015 2021-01-29 14:40:06Z X Dan Hogan 11111 Bren Rd W Minnetonka MN 55343 1380691 false false X N/A X 2012 MN To purchase, own and construct a public schoolhouse, for lease to the Eagle Ridge Academy, on real estate owned by the Organization. 4 3 0 4 0 0 1320590 1325575 12 55 55061 1320602 1380691 0 0 0 0 0 750719 2866650 750719 2866650 569883 -1485959 9686856 35490400 9177443 36466946 509413 -976546 See Part I, Line 1 false false 2845908 1380636 During the fiscal year ended June 30, 2016, the ABC opened a newly remodeled school building. The building expanded the lower grades from three classrooms per grade to the potential for six classrooms per grade. Grades Kindergarten through 3rd grade have six classrooms. Grade 4 has 5 classrooms and grades 5 and 6 have 4 classrooms. This was an increase from 3 classrooms for each grade in the old building. Building renovation Phase II has also been planned for FYE 2017. Phase II is currently under review of what projects will be completed. 2845908 true false false false false false false false false false true false false true true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 5 0 true 0 false false false false false false false false false 0 false false false false false false false false false false X 4 3 false false false false true true true true true false false false true false false true true false false false MN X Beltz Kes Darling Assoc 6514632233 22488 Chippendale Ave Farmington MN 55024 Kenneth Karr President 1.00 40.00 X X 0 37861 8719 Dan Hogan Treasurer 1.00 0.00 X X 0 0 0 Angela Berger Secretary 1.00 0.00 X X 0 0 0 Kevin Sheppard Director 1.00 0.00 X 0 0 0 John Alexander Director 1.00 0.00 X 0 0 0 Scott Pelletier Director 1.00 0.00 X 0 0 0 37861 8719 0 false false false Schreiber & Mullaney Construction Co 1286 Hudson Rd St Paul MN 55106 Constr Contractor 455968 Rivera Architecture Inc 775 Fairmount Ave St Paul MN 55105 Architect 282153 Dorsey & Whitney LLP 50 South 6th St 1500 Minneapolis MN 55402 Bond/Issuer Counsel 125000 3 0 Rental Income 531190 1325575 1325575 1325575 55 55 0 0 0 0 0 0 0 Misc Income 900099 55061 55061 55061 1380691 1380636 55 X 0 0 0 0 0 0 0 0 0 0 0 237691 230900 6791 24350 16250 8100 0 0 0 838462 838056 406 0 1221 641 580 0 0 84928 84928 0 0 0 1418367 1418367 0 182932 182932 13829 8989 4840 Repairs & Maintenance 64455 64455 Dues & Memberships 415 390 25 0 2866650 2845908 20742 0 61593 554019 1367416 6211962 0 55061 0 0 0 0 3276 27402016 706674 8094840 26695342 0 0 0 0 163007 1970740 9686856 35490400 221648 2829415 8935795 33141781 20000 485000 10750 9177443 36466946 X 509413 -976546 509413 -976546 9686856 35490400 -1485959 X X false true X true false X X 1 Eagle Ridge Academy 731673656 2 true 0 0 1 0 true false false false false false false false false false false false false false false true false 5401100 5401100 7775491 613040 7162451 647500 93634 553866 13577925 13577925 26695342 Deferral on Bond Refunding 1970740 Due from Eagle Ridge Academy 1970740 Due to Academy 10750 10750 X 44180809 42800118 42800118 1380691 1380691 40780476 38843184 38843184 1937292 929358 929358 2866650 Part X : FIN48 Footnote The Academy is required to assess whether an uncertain tax position exists and if there should be recognition of a related benefit or liability in the financial statements. The Academy has determined there are not amounts to record as assets or liabilities related to uncertain tax positions. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Eagle Ridge Academy Revenues $9177549 Bond Issuance less Discount $33622569 Part XII, Line 2d: Other expenses and losses per audited F/S Eagle Ridge Academy Expenses $9057424 Capitalized Equipment $18783435 Principal Payments on Long-term Debt $605000 Advanced Bond Refunding $8350795 Prepaid Interest $2046530 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Depreciation $182932 Amortization of Bond Discount $4212 Amortization of Prepaid Interest $75790 Change in Accrued Interest $666424 A City of Deephaven MN 416005090 24380HAS1 2015-09-30 33137569 Building Project false false false A 33137569 2188762 1131030 9721063 662751 16572601 2861362 false true false true A false false false false true false true A false true false false false false false true A true Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The sole member of the organization is Eagle Ridge Academy. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The Board of Directors will be selected by the Sole Member at its annual meeting, or more frequently if necessary due to the resignation or other withdrawal of a Director. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The Sole Member may alter or repeal the Bylaws of the Organization. Form 990, Part VI, Line 11b: Form 990 Review Process The IRS form 990 is reviewed by the Board of Directors prior to filing. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Organization's governing documents, policies and financial statements are available upon request at the Organization's office. Form 990, Part XII, Line 2: Change of Oversight or Selection Process The Financial Statements are completed by the Independent Audit firm and the Financial Statements are reviewed and approved by the Board of Directors before being issued. There is no change from the prior year. Eagle Ridge Academy 11111 Bren Rd W Minnetonka MN 55343 731673656 School MN 501(c)(3) 2 Eagle Ridge Academy false false false false false false false false false false true false false false true true true false false false