2011-01-28T12:13:33-06:00 2010-06-30 Malloy Montague Karnowski Radosevich 5353 Wayzata Blvd Ste 410 Minneapolis MN 55416 990 2009-07-01 731673656 Eagle Ridge Academy EAGL 9527467760 7255 Flying Cloud Drive Eden Prairie MN 55344 John Howitz 9527467760 2011-01-21 1 William J Lauer 9525450424 2009 2016-02-24 21:20:13Z John Howitz 7255 Flying Cloud Drive Eden Prairie MN 55344 2717478 0 X www.eagleridgeacademy.org X 2004 MN Provide a traditional, classical education for students in grades 6-12. 9 4 32 75 0 0 382704 532064 2032745 2183696 932 1718 0 2416381 2717478 0 0 1210843 1477499 0 0 1195042 1287903 2405885 2765402 10496 -47924 749641 823213 139445 260941 610196 562272 The Academy provides students with a traditional, classical education that demands their best in achievement, behavior, and attitude while challenging them to attain their highest potential. 0 0 2352206 2183696 Provide a classical, liberal arts education to students in grades 6-12 and to sponsor and support related activities. 2352206 1 1 0 0 0 0 0 0 0 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 6 0 0 32 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 4 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 MN X Beltz Kes Darling & Associates 6514632233 22488 Chippendale Avenue Farmington MN 55024 Lee Stearns 1.00 X X 0 0 0 Carolyn Sommers Tillotso 40.00 X 41928 0 0 Jim Romportl 1.00 X X 0 0 0 Erin Johnson 40.00 X 50170 0 0 Jessica Bergeron 40.00 X 39594 0 0 Mary Wolff 40.00 X 46119 0 0 Pete Larson 1.00 X X 0 0 0 David Dikken 1.00 X 0 0 0 Sonja Menard 40.00 X 39881 0 0 John Howitz 45.00 X 92186 0 0 309878 0 0 0 0 0 0 First Student Inc 22157 Network Place Chicago IL 606731221 Bus Service 184125 1 424032 108032 532064 State and Federal Gran 611710 2093599 2093599 Other Educational Serv 611710 90097 90097 2183696 1718 1718 2717478 2183696 0 1718 308036 253796 54240 902779 784909 117870 68764 58176 10588 110285 86076 24209 87635 74481 13154 36699 36699 1866 1866 59760 59760 381882 358626 23256 101239 65582 35657 21566 15190 6376 592585 585439 7146 1488 1488 3094 2514 580 389 389 26544 25663 881 45887 36708 9179 7997 7997 Food 6907 3558 3349 2765402 2352206 413196 0 12045 74664 314510 3544 203675 536179 14450 10657 353396 155227 204961 198169 749641 823213 139445 160941 100000 139445 260941 X 405235 364103 204961 198169 0 0 610196 562272 749641 823213 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 353396 155227 198169 198169 2717478 2765402 -47924 0 -47924 2717478 0 2717478 0 2717478 2765402 0 2765402 0 2765402 Part X: Description of Uncertain Tax Positions Under FIN 48: The Academy is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). The Academy is subject to tax on income from any unrelated business. On July 1, 2009, the Academy adopted the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) ASC 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), with no cumulative effect adjustment required. 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 position will more likely-than-not be sustained upon 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 do not anticipate any adjustments that would result in a material adverse affect on their respective financial condition, results of operation 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, 2010. 1 1 1 Information provided with advertisement for positions. Advertising for students is not used. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The School receives various aids through the State of Minnesota for the purpose of providing educational services to its students. 1 Form 990, Part VI, Section B, line 11 The Board of Directors has granted authority to the Director to review the return prior to filing. The 990 is then reviewed by the Board of Directors after the 990 is submitted. Form 990, Part VI, Section B, line 12c Conflict of interest forms are filled out annually and verified by the Board. Form 990, Part VI, Section B, line 15 The contracts for all employees are written and approved by the school board. Form 990, Part VI, Section C, line 19 The governing documents, conflicts of interest policies, and/or financial statements are made available upon request at the Academy. Form 990, Part XI, Line 2C: 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. Form 990, part VI, Section A, Line 1b: Several board members teach at the Academy and therefore are not consider independent. Minnesota State statute 124D.10 Subd. 4.(g) requires school boards to have at least one employeed or contracted teacher serving on the board. Related Organization Compensation: Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no transactions noted.