2024-02-08T14:40:23-06:00 2023-06-30 411397419 Abdo 5201 Eden Ave 250 Edina MN 55436 990 2022-07-01 470858757 Watershed High School WATE 6128714363 6541 16th Ave S Richfield MN 55423 Joy Roellinger Board Chair 6128714363 2024-02-06 1 Joy Roellinger XXX-XX-XXXX 1 Steven D Anseth CPA P00552219 9528359090 2024-01-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Joy Roellinger 6541 16th Ave S Richfield MN 55423 1009896 0 X www.watershedhs.org X 2002 MN Empower students to grow socially and academically in safe, flexible, supportive environment. 5 3 4 2 0 0 902805 855482 10 500 2 8 63890 153906 966707 1009896 0 0 0 0 464611 488967 0 0 0 347445 489411 812056 978378 154651 31518 720999 479524 938185 665192 -217186 -185668 The mission of Watershed High School is to empower students to grow socially and academically in a safe, flexible, supportive arts-infused environment. 0 0 718743 500 Watershed High School's vision is to help each student believe they can succeed in whatever they dream for themselves, starting with graduating from high school. Students will develop self-confidence, respect for themselves and others, the ability to advocate for themselves, and the ability to stick it out when the going gets tough. At Watershed, a community of allies recognizes and encourages each individual student's strengths. 718743 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 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 14 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X The Organization 6128714363 6541 16th Avenue South Richfield MN 55423 Joy Roellinger Board Chair 2.00 X X 0 0 0 Nicholas Lange Treasurer and Teacher 42.00 X X 42950 0 4199 Carissa Anderson Secretary 2.50 X X 0 0 0 Hayley Grey Member and Teacher 42.00 X 43000 0 4204 Jason Kinsley Member 2.00 X 0 0 0 85950 0 8403 0 0 0 0 0 836810 18672 855482 Food Sales to Students 900099 500 500 500 8 8 Pension Revenue 900099 153906 153906 153906 1009896 500 0 153914 X 174171 145209 28962 220323 183686 36637 35029 27125 7904 28309 13788 14521 31135 24144 6991 251939 111991 139948 30509 22404 8105 1746 1746 30819 30819 20278 20278 39 39 240 240 12178 12178 Lease Expense 88031 85518 2513 Food 26017 25565 452 Dues and Subscriptions 12195 718 11477 Repair and Mainenance 6069 6069 9351 7265 2086 978378 718743 259635 0 356466 209002 32518 32526 47849 64635 13649 27900 209877 209877 84136 0 186381 145461 720999 479524 50168 57115 888017 608077 938185 665192 X -978 0 -216208 -185668 0 0 -217186 -185668 720999 479524 31518 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3636 3636 0 38449 38449 0 167792 167792 0 0 Deferred Outflows - Pension Resources 145461 145461 Pension Liability 479923 Deferred Inflows - Pension Resources 128154 608077 X 860675 0 860675 149221 149221 1009896 829157 -149221 -149221 978378 0 978378 Part X, Line 2: The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2023, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are open and all others are closed. No returns are currently under examination in any tax jurisdiction. Part XI, Line 4b - Other Adjustments: Negative Pension Expense Reclassified 149,221. Part XII, Line 2d - Other Adjustments: Negative Pension Expense Reclassified -149,221. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 All policies are available upon request and those applicable are included in communications with the general public and stakeholders. Schedule E, Part I, Line 6 Financial assistance is received from the US Department of Education and the Minnesota Department of Education. Form 990, Part VI, Section B, line 11b The members of the board are provided with the 990 to review. The informational material as well as financial are reviewed for accuracy and completeness before the 990 is filed. Form 990, Part VI, Section B, line 12c The determination as to whether a conflict of interest exists is to be made by the school board in its discretion. Any school board member who has an actual or potential conflict shall notify the school board of such conflict immediately. The school board member shall thereafter cooperate with the school board as necessary for the school board to make its determination. Form 990, Part VI, Section B, line 15 Compensation shall be assigned by a committee consisting of the Faculty Chairperson, the Administrative Coordinator, and the Business Manager. Salaries are determined by the use of a salary scale worksheet that is reviewed by this committee. Form 990, Part VI, Section C, line 19 The Organization makes its documents available to the public upon request and the 990 is available on Guidestar.com. Form 990, Part IX, line 11g Contracted Services - Business Office: Program service expenses 0. Management and general expenses 86,162. Fundraising expenses 0. Total expenses 86,162. Contracted Services-Non-instructional Support Services: Program service expenses 0. Management and general expenses 34,171. Fundraising expenses 0. Total expenses 34,171. Contracted Services - Consultants: Program service expenses 108,564. Management and general expenses 19,615. Fundraising expenses 0. Total expenses 128,179. Contracted Services - School Social Worker: Program service expenses 2,887. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,887. Contracted Services - Psychologist: Program service expenses 540. Management and general expenses 0. Fundraising expenses 0. Total expenses 540. Form 990, Part XII, Line 2c: The Organization assumes responsibility for oversight of the audit.