2016-04-18T08:05:25-07:00 2015-06-30 Beltz Kes Darling & Associates 22488 Chippendale Ave W Farmington MN 55024 990 2014-07-01 731673656 Eagle Ridge Academy EAGL 9527467760 7255 Flying Cloud Drive Eden Prairie MN 55344 Jason Ulbrich Executive Dir. 2016-04-15 true Theresa Kingsbury P01062926 6514632233 2014 2016-08-17 19:52:53Z Jason Ulbrich 7255 Flying Cloud Drive Eden Prairie MN 55344 8805242 false false X www.eagleridgeacademy.org X 2004 MN Provide students with a traditional, classical education to students in Grades K-12. 11 5 175 185 0 7726968 8358635 458125 436192 66 114 14079 -10917 8199238 8784024 0 0 4822403 5214477 0 90454 3104597 3231580 7927000 8446057 272238 337967 2332918 2558772 941053 4911805 1391865 -2353033 The mission of Eagle Ridge Academy is to provide our students with a traditional, classical education that demands their best in academic achievement, behavior, and challenges them to attain their highest potential. false false 7244047 440509 Providing students with a traditional, classical, education that demands their best in academic achievement, behavior, and attitudes while challenging them to attain their highest potential. During the fiscal year ended June 30, 2015 Eagle Ridge Academy served an estimated 850 students. 7244047 true true false false false false false false false false true false false false true true false true true false false false false false true false false false false false false false false false false false false false false false false false false false false false true true true false false true 17 0 true 175 true false false false false false false false false 0 false false false false false false false false false false X 11 5 false false false false false true false true true false false false true true true true true true true false MN X Beltz Kes Darling Assoc 6514632233 22488 Chippendale Ave Farmington MN 55024 X Ann Watanabe Board Chair 5.00 0.00 X X 0 0 0 Missy Madigan Vice Chair 44.00 0.00 X X 41779 0 10180 Tiffany Goedjen Secretary 42.00 0.00 X X 50171 0 6995 Kathy Oberstar Treasurer 3.00 0.00 X X 0 0 0 April Grabanski Director 42.00 0.00 X 58010 0 4194 Peter Larson Director 1.00 0.00 X 0 0 0 Michelle Mills Director 42.00 0.00 X 51579 0 3720 Erica Higgins Director 42.00 0.00 X 37879 0 5870 John Schwirtz Director 2.00 0.00 X 0 0 0 Ashley Hudak Director 42.00 0.00 X 42388 0 6403 Manisha Datye Director 2.00 0.00 X 0 0 0 Jason Ulbrich Executive Dir. 50.00 0.00 X 106238 0 18844 388044 56206 1 false false false Beltz Kes Darling & Assoc 22488 Chippendale Ave Farmington MN 55024 Accounting Services 107454 First Student Inc 22157 Network Place Chicago IL 60673 Bus Service 303207 Metropolitan Transportation Network Inc 8260 Hickory St NE Fridley MN 55432 Bus Service 163845 Universal Cleaning Services 12221 Wood Lake Drive STE 200 Burnsville MN 55337 Janitorial & Maint. 147906 4 40078 8311551 7006 6886 8358635 Food Sales to Pupils 722210 119555 119555 Other Educational Purpose 611710 316637 316637 436192 114 114 0 0 0 0 5984 40078 21218 -15234 -15234 0 0 Miscellaneous 900099 4317 4317 4317 8784024 440509 -15120 0 0 0 0 471830 337903 133927 440898 440898 3400755 2904147 429525 67083 192731 168074 19473 5184 358247 291004 55986 11257 350016 261728 83853 4435 24544 24544 11491 11491 122726 122726 0 0 0 165693 138421 27272 0 34486 31991 2495 170204 56604 113600 0 1441133 1441133 0 0 21139 20273 866 0 0 25456 5558 19898 28012 28012 Transportation 496201 496201 Equipt Rental & Maint 244050 209022 35028 Supplies 190065 190065 Food Service 177637 177637 78743 77367 1376 8446057 7244047 1111556 90454 165391 142659 666826 1071351 0 1010597 948643 0 0 0 0 64094 78519 706302 388702 329903 317600 0 0 0 0 96107 0 2332918 2558772 941053 731048 4180757 941053 4911805 X 1061962 -2670634 329903 317601 1391865 -2353033 2332918 2558772 X 337967 -4082865 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 706302 388702 317600 317600 Due to ERA Affiliated Building Company 163007 Net Pension Liability, def outflow/inflo 4017750 4180757 X 10109982 1334933 1334933 8775049 8975 8975 8784024 9547657 1127056 1127056 8420601 25456 25456 8446057 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 Fundraising Expenses $14331 Affiliated Building Company Revenues $1320602 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S State Aid related to Pension Expense $8975 Part XII, Line 2d: Other expenses and losses per audited F/S Affiliated Building Company Expenses $1043430 Capitalized Equipment $13153 Fundraiser Expenses $14331 Change in Net Pension Liability $56142 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Depreciation $25456 true true false true true 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 The School receives various aids through the state of Minnesota for the purpose of providing educational services to its students. Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Advertising for students is not used. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race false Golf Event 33207 30537 2670 5553 8231 Donut Dash 5K 12855 9541 3314 342 445 1013 5634 46062 40078 5984 5895 445 1013 13865 21218 -15234 Form 990, Part VI, Line 11b: Form 990 Review Process Each Board Member receives a public disclosure copy of the 990 prior to filing. The Board of Directors has granted authority to the Executive Director sign and submit the 990 to the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Conflict of interest forms are filled out annually and verified by the Board and School Authorizer. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The contracts for all employees are written and approved by the school board. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Governing documents, conflicts of interest policies, and/or financial statements are made available upon request at the Academy. 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. 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. Missy Madigan, Tiffany Goedjen, April Grabanski, Michelle Mills, Erica Higgins, & Ashley Hudak are Board Members, but receive compensation for their services as Teachers. Eagle Ridge Affiliated Building Company 7255 Flying Cloud Drive Eden Prairie MN 55344 800851487 Building Company MN 501(c)(3) 11 - Type I Eagle Ridge Academy true Eagle Ridge Academy PTO 7255 Flying Cloud Drive Eden Prairie MN 55344 260841424 Supporting Org MN 501(c)(3) Line 11 N/A false false false true false false false false false false false true true false true true false true false false Eagle Ridge Affiliated Building Company k 1320590 Lease Agreement Eagle Ridge Affiliated Building Company q 150158 Cash Paid