2011-11-09T10:00:53-06:00 2011-06-30 LARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2010-07-01 411926728 MSA BUILDING COMPANY MSAB 6515787507 8430 WOODBURY CROSSING WOODBURY MN 55125 PAUL SIMONE 6515787507 2011-10-07 1 6123764500 2010 2016-02-24 21:20:13Z KENNETH THIELMAN 8430 WOODBURY CROSSING WOODBURY MN 55125 393652 0 X N/A X 1998 MN LEASE AND MAINTAIN PROPERTY FOR THE MATH & SCIENCE ACADEMY. 4 3 0 0 0 0 0 0 378734 376256 18604 17396 0 0 397338 393652 0 0 0 0 0 0 0 0 0 417337 413030 417337 413030 -19999 -19378 3897706 3775837 4221818 4119327 -324112 -343490 LEASE AND MAINTAIN PROPERTY FOR THE MATH & SCIENCE ACADEMY. 0 0 407475 0 376256 OWN AND MAINTAIN PROPERTY/BUILDING THAT THE MATH & SCIENCE ACADEMY LEASES. 407475 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 0 0 0 MN X X JUDITH DARLING 6514632233 22488 CHIPPENDALE AVENUE FARMINGTON MN 55024 KENNETH THIELMAN 0.30 X X 0 57718 21132 ANIL MEHTA 0.30 X X 0 0 0 DEREK DEVGUN 0.30 X 0 0 0 ALICE LEE 0.30 X 0 0 0 PAUL SIMONE 0.30 X 0 77631 24250 0 135349 45382 0 0 0 0 0 RENTAL REVENUE 531190 376256 376256 376256 17396 17396 393652 376256 0 17396 4805 4805 750 750 300828 300828 82430 82430 REPAIRS AND MAINTENANCE 24217 24217 413030 407475 5555 0 59 59 491905 452466 4276358 954496 3404292 3321862 1450 1450 3897706 3775837 4125000 4050000 96818 69327 4221818 4119327 X 421915 409539 -746027 -753029 0 0 -324112 -343490 3897706 3775837 -19378 0 X X 0 1 1 X 0 X X X X 0 0 0 MATH & SCIENCE ACADEMY 411907844 2 1 1 1 376256 1 376256 570808 570808 3635814 912274 2723540 69736 42222 27514 3321862 ACCRUED INTEREST 24891 DUE TO MATH & SCIENCE ACADEMY 44436 69327 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE BOARD WILL REVIEW THE FORM 990 TO ASK QUESTIONS AND REQUEST CHANGES. UPON APPROVAL OF THE FULL BOARD, THE FORM 990 WILL BE FILED. 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. EXPLANATION FOR HOURS WORKED FORM 990, PART VII, SECTION A, LINE 1A PAUL SIMONE WORKS APPROXIMATELY 41.3 HOURS PER WEEK AS FOLLOWS: MATH & SCIENCE ACADEMY 41 HOURS MSA BUILDING COMPANY 0.3 HOURS MATH & SCIENCE ACADEMY 8430 WOODBURY CROSSING WOODBURY MN 55125 411926728 SCHOOL MN 501(C)(3) LINE 2 YES 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0