2024-04-19T18:47:32-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-07-01 454835348 ROCHESTER BEACON ACADEMY ROCH 5072585351 974 SKYLINE DRIVE SW ROCHESTER MN 55902 JENNIFER REILING EXECUTIVE DIRECTOR 5072585351 2024-03-24 1 JENNIFER REILING 999009999 0 ANN NEIL P01817922 6123764500 2024-03-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JENNIFER REILING 974 SKYLINE DRIVE SW ROCHESTER MN 55902 2366147 0 X WWW.ROCHESTERBEACONACADEMY.ORG X 2012 MN TO PROVIDE A SAFE LEARNING ENVIRONMENT IN A SECONDARY SETTING. 4 4 44 9 0 0 2639523 2336414 555 17919 1278 3722 9302 2904 2650658 2360959 0 0 0 0 1496802 1649271 0 0 0 759008 612567 2255810 2261838 394848 99121 2078542 1684413 3504857 2789094 -1426315 -1104681 TO PROVIDE A SAFE LEARNING ENVIRONMENT IN A SECONDARY SETTING; RESPECTING THE INDIVIDUAL AND DIFFERENTIATED NEEDS OF LEARNERS, ALLOWING THEM TO REACH THEIR FULL POTENTIAL AND JOIN THEIR COMMUNITY WITH SUCCESS. 0 0 1990978 0 17919 SECONDARY EDUCATION-ROCHESTER BEACON ACADEMY (RBA) WORKS TO PROVIDE EQUAL OPPORTUNITIES FOR STUDENTS GRADES 6-12 IN WHICH ACADEMIC ACHIEVEMENT OCCURS SERVING APPROXIMATELY 88 STUDENTS IN FISCAL YEAR 2023. 1990978 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 7 0 1 44 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X JENNIFER REILING 5072585351 974 SKYLINE DRIVE ROCHESTER MN 55902 DEANNE BREITENBACH CHAIR 1.00 X X 0 0 0 PAM JOHNSON CHAIR 1.00 X X 0 0 0 CRYSTAL HEIM VICE CHAIR 1.00 X X 0 0 0 DEAN FRANK VICE CHAIR 1.00 X X 0 0 0 EVIN LANTZ TREASURER 1.00 X X 0 0 0 KATE DULLARD GUSTAFSON SECRETARY/CHAIR/TEACHER 40.00 X X 51203 0 15644 CHRISTINA PRUKA TREASURER 1.00 X X 0 0 0 LORI ROGERS DIRECTOR/TEACHER 40.00 X 19238 0 1645 BRENNA SALFI DIRECTOR/TEACHER 40.00 X 63141 0 5332 DR BOBBI KOSTINEC DIRECTOR 1.00 X 0 0 0 STACY AOUDIA DIRECTOR 1.00 X 0 0 0 JENNIFER REILING EX OFFICIO/EXECUTIVE DIRECTOR 40.00 X 23238 0 4146 ELIZABETH BRUNS EX OFFICIO/ADMINISTRATOR 40.00 X 44825 0 12412 TRACI LAFERRIERE EX OFFICIO/BUSINESS MANAGER 25.00 X 65936 0 4945 267581 0 44124 0 0 0 0 PRESENCE LEARNING INC PO BOX 92087 LAS VEGAS NV 891932087 SPECIAL EDUCATION SERVICES 142795 NOVA EDUCATION CONSULTANTS 1275 RAMSEY STREET 100 SHAKOPEE MN 55379 SPECIAL EDUCATION SERVICES 116590 2 2327745 8669 2336414 FOOD SERVICE 611710 9487 9487 FEES FROM PATRONS 611710 6634 6634 MEDICAL ASSISTANCE 611710 1798 1798 17919 3722 3722 8092 5188 2904 2904 2360959 17919 0 6626 X 397149 294478 102671 976670 896236 80434 79615 73492 6123 76972 69103 7869 118865 101188 17677 5200 5200 13610 13610 300893 293143 7750 88630 71549 17081 3711 3669 42 150592 150592 3911 3911 3322 3322 213 213 5446 4360 1086 11686 11686 DUES & MEMBERSHIPS 11561 672 10889 SHORT TERM LEASES/RENTA 6187 6187 MISCELLANEOUS 4911 4483 428 REPAIRS & MAINTENANCE 2694 2694 2261838 1990978 270860 0 668145 676796 200191 252836 4632 30896 140421 134527 10254 5894 1195320 717991 2078542 1684413 209087 192318 731 3295770 2596045 3504857 2789094 X -1445843 -1121463 10254 5777 9274 11005 -1426315 -1104681 2078542 1684413 X 99121 222513 X X 0 1 X 1 0 X 11230 11230 0 129191 123297 5894 5894 DEFERRED PENSION OUTFLOWS 708214 LEASED ASSET, NET OF AMORIZATION 9777 717991 PENSION LIABILITY 1508953 DEFERRED PENSION INFLOW 1077198 LEASED LIABILITIES 9894 2596045 2360959 0 2360959 0 2360959 2268224 11832 11832 2256392 5446 5446 2261838 PART XII, LINE 2D - OTHER ADJUSTMENTS: CAPITALIZED EXPENDITURES 10,863. PRINCIPAL PAYMENTS ON LEASE LIABILITY 969. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION AND AMORTIZATION EXPENSE 5,446. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY IS AVAILABLE TO THE PUBLIC ON THE SCHOOL'S WEBSITE AND UPON REQUEST BUT IS NOT ON THE WEBSITE HOMEPAGE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES STATE AND FEDERAL FUNDING. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS IS COMPRISED OF AT LEAST FIVE MEMBERS WHICH INCLUDE, ONE LICENSED TEACHER, A PARENT OF AN ENROLLED STUDENT, AND A COMMUNITY REPRESENTATIVE. THE BOARD OF DIRECTORS SHALL HAVE ALL POWERS AND DUTIES NECESSARY FOR THE OVERALL DIRECTION OF RBA. THE BOARD OF DIRECTORS MAY ALSO ESTABLISH AN EXECUTIVE COMMITTEE OF AT LEAST THREE OFFICERS. THE CHAIR OF THE BOARD OF DIRECTORS WILL ALSO BE THE CHAIR OF THE EXECUTIVE COMMITTEE. THE BOARD HAS THE POWER TO CHANGE THE COMPOSITION OF THE EXECUTIVE COMMITTEE AS IT DEEMS NECESSARY. THE EXECUTIVE COMMITTEE AUTHORITY IS LIMITED TO MAKING RECOMMENDATIONS TO THE FULL BOARD CONCERNING MATERIAL ITEMS NOT COVERED BY OTHER COMMITTEES AND MANAGING THE DIRECTOR EVALUATION. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF DIRECTORS IS COMPRISED OF AT LEAST FIVE MEMBERS WHICH INCLUDE, ONE LICENSED TEACHER, A PARENT OF AN ENROLLED STUDENT, AND A COMMUNITY REPRESENTATIVE. THE BOARD OF DIRECTORS SHALL HAVE ALL POWERS AND DUTIES NECESSARY FOR THE OVERALL DIRECTION OF RBA. FORM 990, PART VI, SECTION A, LINE 7A ALL PARENTS AND GUARDIANS OF STUDENTS AT THE SCHOOL AND ALL STAFF EMPLOYED BY THE SCHOOL ARE ELIGIBLE TO VOTE IN THE ELECTIONS FOR MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ADMINISTRATIVE TEAM REVIEWS THE DRAFT FORM 990 AND MAKES NECESSARY CHANGES, AND THEN THEY DISTRIBUTES IT ELECTRONICALLY TO THE FULL BOARD FOR REVIEW BEFORE FILING IT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL GOVERNING MEMBERS OF THE BOARD OR OTHER COMMITTEE MUST FULLY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST THAT COULD ARISE. IF THERE IS A CONFLICT, THE MEMBER WITH THE POTENTIAL CONFLICT WILL BE EXCUSED FROM THE BOARD OR COMMITTEE UNTIL THE REMAINING BOARD MEMBERS DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT EXISTS, THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR MEETING, BUT HE/SHE SHALL LEAVE THE MEETING DURING DISCUSSION AND VOTING ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THESE PROCEEDINGS ARE DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PERSONNEL COMMITTEE REVIEWS COMPARATIVE SALARIES PROVIDED BY THE MN ASSOCIATION OF CHARTER SCHOOLS AND SURROUNDING SCHOOL DISTRICTS. THE COMMITTEE DETERMINES THE BEST COURSE OF ACTION AND NEGOTIATES WITH TOP MANAGEMENT. THE FINAL AGREEMENT IS AUTHORIZED BY THE FULL BOARD. THIS PROCESS WAS LAST COMPLETED IN 2022. THE EXECUTIVE DIRECTOR LEADS THE SAME PROCESS ABOVE FOR ALL OTHER OFFICERS AND EMPLOYEES, AND THE BOARD APPROVES PAYMENT LEVELS FOR ALL OTHER OFFICERS AND EMPLOYEES OF RBA. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE ON THE WEBSITE. THE SCHOOL MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 293,143. MANAGEMENT AND GENERAL EXPENSES 7,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 300,893. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 222,513. FORM 990, PART XII, LINE 1, EXPLANATION FOR METHOD OF ACCOUNTING: THE SCHOOL 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.