2016-04-05T12:14:02-07:00 2015-06-30 Beltz Kes Darling & Associates 22488 Chippendale Ave W Farmington MN 55024 990 2014-07-01 411822009 Athlos Leadership Academy ATHL 7637778942 10100 Noble Parkway Brooklyn Park MN 55443 Jennifer Geraghty Principal 2016-03-29 true Theresa Kingsbury P01062926 6514632233 2014 2016-08-17 19:52:53Z Jennifer Geraghty 10100 Noble Parkway Brooklyn Park MN 55443 11623823 false false X www.athlosbrooklynpark.org X 1994 MN See Part III, Line 1 5 3 128 73 0 3405461 11420797 54344 139282 40 29 121190 63715 3581035 11623823 0 0 1908536 4367105 0 3200 1872001 6732349 3780537 11099454 -199502 524369 608609 2288728 319122 3656372 289487 -1367644 Athlos Leadership Academy is a Pre-K through 8th grade public charter school that believes in providing students with a challenging and comprehensive high school preparatory education through high standards for academic scholarship, fitness and nutrition, character development and student leadership opportunities. false false 9770294 191072 Athlos Leadership Academy (ALA) is a PreK through 8th grade charter school located in Brooklyn Park, Minnesota. The school serves over 900 students. Athlos is a unique public school model that prepares kids for a competitive future in three essential ways: Academics + Athletics + Character. ALA provides a school climate where both academic achievement and a caring community are valued. 9770294 true true false false false false false false false false true false false false true true true false true false false false false false false false false false false false false false false false false false false false false true false true false false false false true true false false false true 22 0 true 128 true false false false false false false false false 0 false false false false false false false false false false X 5 3 false false false false false true false true true false false false true true true true true true false false MN X Beltz Kes Darling Assoc 6514632233 22488 Chippendale Ave Farmington MN 55024 X Ann Marie DeGroot Board Chair 1.00 1.00 X X 0 0 0 Kit Murley-Henspeter Treasurer 41.00 0.00 X X 35422 0 8237 Virginia Anderson Secretary 41.00 0.00 X X 51964 0 6793 Farhiyo Olow Member 1.00 0.00 X 0 0 0 Jan Ficken Member 1.00 0.00 X 0 0 0 Jennifer Geraghty Principal 40.00 1.00 X 132178 0 12654 219564 27684 1 false false false Metropolitan Transportation Network 8260 Hickory St NE Fridley MN 55432 Bus Service 310644 Monarch Bus Service Inc 101 East 10th St Ste 300 Hastings MN 55033 Bus Service 206026 School Model Support LLC 855 Broad Street Ste 300 Boise ID 83702 School Model 195195 Blue Bell Enterprises Inc 1415 Mendota Heights Rd Mendota Heights MN 55120 Catering Services 135391 City View Electric Inc 1145 Snelling Ave N St Paul MN 55108 Security System Inst 134943 5 10293400 1127397 1124009 11420797 Fees from Patrons 611600 11958 11958 Food Sales to Pupils 722210 121078 121078 Medical Assistance 611600 6246 6246 139282 29 29 0 0 11925 11925 11925 11925 0 0 0 0 Misc Revenue 611600 51790 51790 51790 11623823 191072 11954 0 0 0 0 278856 117526 161330 68519 68519 3420103 3233998 186105 169698 169698 145855 134425 11430 284074 237955 46119 700 700 24387 24387 134826 134826 0 0 0 1021049 462092 555757 3200 5024 5024 42478 42478 629062 532745 96317 0 1680152 1680152 0 0 38236 33009 5227 15683 1127 14556 0 42321 29694 12627 46123 41085 5038 Transportation 1530390 1530390 Supplies 895874 895874 Food Service 461689 461689 Equip Rental & Maint 82866 82866 81489 57450 24039 11099454 9770294 1325960 3200 155449 160153 500561 0 313277 1208217 0 0 0 0 42625 23609 554633 158445 97258 396188 0 0 0 0 0 608609 2288728 319122 837938 392 888635 1929407 319122 3656372 X 192229 -1475197 97258 107553 289487 -1367644 608609 2288728 X 524369 -2181500 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 149064 13375 135689 384792 145070 239722 20777 20777 396188 Net Pension Liability, def outflow/inflo 1929407 1929407 X 10340291 10340291 1283532 1283532 11623823 10078311 199262 199262 9879049 1220405 1220405 11099454 Part X : FIN48 Footnote The Academy is exempt from income taxes under Internal Revenue Code 501(c)(3). The Academy is subject to tax on income from any unrelated business.The Academy is subject to the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) Accounting Standards Codification 740-10 (formally known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes). Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax positions will more-likely-than-not be sustained under examination by taxing authorities. The Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Academy believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on its respective financial condition, results of operations, or cash flows. Accordingly, the Academy has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at June, 30, 2015.The Academy is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods. Open audit periods are the years ended June 30, 2012, 2013, and 2014. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S State Aids relating to Pension Benefits $159523 Donated Assets $1124009 Part XII, Line 2d: Other expenses and losses per audited F/S Payments on Capital Lease $106692 Pension Benefits $92570 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Depreciation Expense $42321 Loss on Disposal of Capital Asset $41886 Capital Lease $395327 Donated Curriculum & Supplies $740871 true true true true false true true false false false false false false false false true false true Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency As a MN Public Charter School, the School receives state education aid and federal grant funding. Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The School does not advertise during the solicitation period, however, the Nondiscrimination policy is made available in brochures and handbooks. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained No Scholarships awarded, tuition-free program. Schedule E, Line 5 - Explanation of Organization Discrimination by Race Braedon Geraghty See Part V 10041 Compensation false Schedule L, Part V Supplemental Information Braedon Geraghty has a Family relationship with Jennifer Geraghty, Principal & Officer. X 386513 Cost X Equipment 1 213298 Cost X Leasehold Impr 1 149064 Cost X Constr in Progress 1 20777 Cost X Supplies 1 354357 Cost false false false Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is prepared by the Academy's accountant and the full form is reviewed by the Principal. The public disclosure version of the Form 990 is then presented to the Board of Directors for review and approval prior to filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The School's conflict of interest policy covers Directors, Officers and Members of each committee with Board-Delegated powers. Each covered individual shall complete and sign a conflict of interest policy annual statements at the time of his or her initial election or appointment and annually thereafter. A violation of the School's policy renders a contract voidable at the option of the Commissioner or the Charter School Board of Directors. A member of the School's Board of Directors who violates this prohibition is individually liable to the Charter School for any damages caused by the violation in connection with any actual or possible conflicts of interest. An interested person must disclose the existence of his or her financial interest and given the opportunity to disclose all material facts relating to his or her financial interest to the Directors or Members of Committees with Board-Delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interest person, the interested person must leave the Board (or Committee) meeting while the financial interest is discussed and voted upon. The remaining Board (or Committee) members shall decide if a conflict of interest exists. The meeting minutes shall document the names of the persons who disclosed a relationship or otherwise were found to have a conflict, the nature of the relationship, any action taken to determine whether a conflict of interest was present and the Board's (or Committee's) decision as to whether a conflict of interest in fact existed, the names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussions, including any alternatives to the proposed transaction or arrangement and a record of any votes taken in connection therewith. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The compensation for the School Principal, J Geraghty included an approval by the Board. The salary was determined on a basis consistent with the prior year's salary and within the limitations of the budget. The School's 2014 fiscal year budget included research data with compensation information for principals in comparable schools. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Academy makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Prior Period Adjustment due to change in Accounting Principle The School implemented two new accounting standards (GASB 68 and 71) for the year ended June 30, 2015 which required recognition of the schools proportionate share of the unfunded pension liability. As a charter school in the state of Minnesota, participation in two multiple-employer, cost-sharing defined benefit pension plans is statutorily required. The schools contributions to the plans are also regulated by statute and are based on a percentage of salaries and wages earned by current employees. Therefore, while the Net Pension Liability is reported on the schools Statement of Net Position, the school is not in a position to directly control the liability or the subsequent liquidation of the liability. Related Board Members Per MN Statute 124D.10, Charter Schools are required to have licensed teachers as members of the Board of Directors.Kit Murley-Henspeter and Virginia Anderson are Board Members but receive compensation for their services as teachers. Spartan Innovation Building Corporation 10100 Noble Pky Brooklyn Park MN 55443 474004934 Rental Property MN 501(c)(3) Line 11a, 1 Athlos Leadership Academy true false false false false false false false false false false false false false false false false false false false