2013-12-12T09:29:14-06:00 2013-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2012-07-01 411926728 MSA BUILDING COMPANY MSAB 6515787507 8430 WOODBURY CROSSING WOODBURY MN 55125 DAVID LOOMIS 6515787507 2013-12-03 1 AMY HENDLEY P01300654 6123764500 2012 2015-11-30 17:44:51Z DAVID LOOMIS 8430 WOODBURY CROSSING WOODBURY MN 55125 451464 0 X N/A X 1998 MN LEASE AND MAINTAIN PROPERTY FOR THE MATH & SCIENCE ACADEMY. 5 2 0 5 0 0 0 0 391285 443927 17395 7537 0 0 408680 451464 0 0 0 0 0 0 0 0 0 423583 527177 423583 527177 -14903 -75713 3697559 10841921 4055952 11276027 -358393 -434106 LEASE AND MAINTAIN PROPERTY FOR THE MATH & SCIENCE ACADEMY. 0 0 527177 0 443927 OWN AND MAINTAIN PROPERTY/BUILDING THAT THE MATH & SCIENCE ACADEMY LEASES. 527177 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 2 0 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 MN X JUDITH DARLING 6514632233 22488 CHIPPENDALE AVENUE FARMINGTON MN 55024 DAVID LOOMIS 0.30 0.00 X X 0 0 0 KENNETH THIELMAN 0.30 41.00 X X 0 59804 13927 RACHAEL ERICKSON 0.30 41.00 X X 0 39783 8288 CYNTHIA BLUHM 0.30 5.00 X X 0 0 0 BOB KREISCHER 0.30 41.00 X 0 36163 14523 0 135750 36738 0 0 0 0 0 RENTAL REVENUE 531190 443927 443927 443927 7537 7537 451464 443927 0 7537 415023 415023 77710 77710 REPAIRS AND MAINTENANCE 34444 34444 527177 527177 0 0 59 12638 455148 4032234 57000 7807361 1119728 3239423 6687633 2929 52416 3697559 10841921 0 1021792 3970000 10215059 85952 39176 4055952 11276027 X 396625 3132496 -755018 -3566602 0 0 -358393 -434106 3697559 10841921 -75713 0 X X 0 1 X 1 0 X X X 0 0 0 MATH & SCIENCE ACADEMY 411907844 2 1 1 1 527177 1 527177 990625 990625 3635814 1070170 2565644 78091 49558 28533 3102831 3102831 6687633 ACCRUED INTEREST 39176 39176 4088555 3637091 3637091 451464 0 451464 7378800 6944068 6944068 434732 92445 92445 527177 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES OF AFFILIATE REPORTED IN A SEPARATE RETURN 3,637,091. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF AFFILIATE REPORTED IN A SEPARATE RETURN 3,413,065. CAPITALIZED EXPENDITURES 3,531,003. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 82,793. CHANGE IN ACCRUED INTEREST PAYABLE 14,735. AMORTIZATION OF BOND PREMIUM -5,083. A CITY OF WOODBURY 410856197 979134AC7 2012-11-29 10035142 CONSTRUCTION OF NEW BUILDING AND REFUNDING OF PREVIOUS BONDS 0 0 0 A 10046017 629222 195300 1577969 3600417 4032234 2013 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 SCHEDULE K, BOND A: PART I, COLUMN (E) AND PART II, LINE 3 EXPLANATION FOR DIFFERENCE BETWEEN ISSUE PRICE AND PROCEEDS OF ISSUE SERIES 2012A BONDS PAR AMOUNT: $9,765,000 SERIES 2012A ORIGINAL ISSUE PREMIUM: 270,142 SERIES 2012B BONDS PAR AMOUNT: 185,000 UNDERWRITER'S DISCOUNT (174,125) TOTAL PROCEEDS $10,046,017 SCHEDULE K, BOND A: PART IV, LINE 2C DATE OF MOST RECENT REBATE COMPUTATION THE MOST RECENT REBATE COMPUTATION WAS PERFORMED DECEMBER 21, 2012; NO REBATE WAS REQUIRED. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED THE BYLAWS FOR THE FOLLOWING: 1) ADDED A SOLE MEMBER, MATH & SCIENCE ACADEMY 2) THE SOLE MEMBER APPOINTS THE MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS 3) THE OFFICERS WERE NAMED AS THE PRESIDENT, TREASURER, AND SECRETARY WITH DUTIES OUTLINED 4) THE BYLAWS MAY BE ALTERED OR REPEALED BY THE SOLE MEMBER FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS MATH & SCIENCE ACADEMY. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF THE SOLE MEMBER APPOINT AT LEAST THREE OF THE MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS. THOSE APPOINTED MAY BE, BUT ARE NOT REQUIRED TO BE, MEMBERS OF THE BOARD OF DIRECTORS OF THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER MAY ALTER OR REPEAL THE BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. PRIOR TO FILING THE TREASURER AND SCHOOL DIRECTOR WILL REVIEW THE FORM 990 TO ASK QUESTIONS AND REQUEST CHANGES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE MATH & SCIENCE ACADEMY WEBSITE AND/OR UPON REQUEST. EXPLANATION FOR METHOD OF ACCOUNTING FORM 990, PART XI, LINE 1 THE ORGANIZATION FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE SCHOOL-WIDE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET. MATH & SCIENCE ACADEMY 8430 WOODBURY CROSSING WOODBURY MN 55125 411907844 SCHOOL MN 501(C)(3) LINE 2 N/A 0 0 0 0 0 1 0 0 0 0 1 0 0 1 1 1 1 1 0 0