2024-03-04T13:56:32-06:00 2023-06-30 410887288 BOULAY PLLP 11095 VIKING DRIVE-STE 500 EDEN PRAIRIE MN 55344 990 2022-07-01 411278205 LAKE COUNTRY SCHOOL-MONTESSORI LEARNING ENVIRONMENTS LAKE 6128273707 3755 PLEASANT AVENUE SOUTH MINNEAPOLIS MN 55409 CHRISTIAN HEWITT TREASURER 6128273707 2024-02-20 1 CHRISTIAN HEWITT XXX-XX-XXXX 1 JADIN C BRAGG P00643813 9528939320 2024-02-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BEN MOUDRY 3755 PLEASANT AVENUE SOUTH MINNEAPOLIS MN 55409 6114986 0 X WWW.LAKECOUNTRYSCHOOL.ORG X 1976 MN A MONTESSORI LEARNING ENVIRONMENT THAT FOSTERS INDEPENDENCE, CRITICAL THINKING, AND CREATIVITY WITHIN EACH CHILD. 16 15 93 75 0 0 667370 429051 5055685 5397095 182639 204750 116611 34686 6022305 6065582 578953 577736 0 0 3599863 3934383 0 0 345594 1522811 1841318 5701627 6353437 320678 -287855 16072245 15896280 4291365 4133910 11780880 11762370 LAKE COUNTRY SCHOOL IS A MONTESSORI LEARNING ENVIRONMENT THAT FOSTERS INDEPENDENCE, CRITICAL THINKING, AND CREATIVITY WITHIN EACH CHILD. WE ARE A COMMUNITY THAT PROMOTES DIVERSITY AND INCLUSION, AS WELL AS RESPECT AND RESPONSIBILITY TO SELF, TO OTHERS, AND TO THE EARTH. 0 0 4274238 577736 4988863 INSTRUCTIONS - LAKE COUNTRY SCHOOL - MONTESSORI LEARNING ENVIRONMENTS (THE ORGANIZATION") IS A MINNESOTA NON-PROFIT INDEPENDENT SCHOOL, FULLY ACCREDITED BY THE INDEPENDENT SCHOOLS ASSOCIATION OF THE CENTRAL STATES (ISACS), AS WELL AS MEMBERS OF THE MINNESOTA ASSOCIATION OF INDEPENDENT SCHOOLS (MAIS), ASSOCIATION MONTESSORI INTERNATIONALE (AMI), AND THE MINNESOTA CHAPTER OF AMI-USA. LOCATED IN SOUTH MINNEAPOLIS, THE ORGANIZATION WAS INCORPORATED ON JULY 28, 1976 AND STRIVES TO BE THE EXEMPLER OF A MONTESSORI LEARNING EXPERIENCE FOR ITS 300+ STUDENTS, AGES 3-14 YEARS. IN ADDITION, THE ORGANIZATION OFFERS A SUMMER PROGRAM (AGES 3-6) AND A RURAL FARM CAMPUS (LAKE COUNTRY LAND SCHOOL) WITH PROGRAMMING AVAILABLE TO ALL OF ITS STUDENTS THROUGHOUT THE YEAR. 917787 407733 AUXILIARY ACTIVITIES - EXTENDED DAY PROGRAMS ARE BEFORE AND AFTER SCHOOL DAY CARE AND EXTRA-CURRICULAR ACTIVITIES SUCH AS AFTER SCHOOL CLUBS AND LAND SCHOOL OPERATIONS (RESIDENCIES AND CAMPS, SUMMER PROGRAMS FOR 3 TO 6 YEAR OLD STUDENTS). 5192025 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 93 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X ONAIDA WHITNEY 6128273707 3755 PLEASANT AVENUE SOUTH MINNEAPOLIS MN 55409 ADAM NATHE CHAIR 5.00 X X 0 0 0 KATE THULIN VICE-CHAIR 0.50 X X 0 0 0 CHRIS HEWITT TREASURER 0.50 X X 0 0 0 KYRA SCHMITT SECRETARY 0.50 X X 0 0 0 JOHN COSKRAN MEMBER 0.50 X 0 0 0 RORY DUGGAN MEMBER 0.50 X 0 0 0 JENNIFER FALLON MEMBER 0.50 X 0 0 0 LESLIE GRANT MEMBER 0.50 X 0 0 0 BOBBY JARDIN MEMBER 0.50 X 0 0 0 JASON JENNINGS MEMBER 0.50 X 0 0 0 SARAH JEAN MASON MITCHELL MEMBER 0.50 X 0 0 0 SOMA NIKHANJ MEMBER 0.50 X 0 0 0 RICH STROBEL MEMBER 0.50 X 0 0 0 KEVIN UELAND MEMBER 0.50 X 0 0 0 BENEDICT MOUDRY HEAD OF SCHOOL 40.00 X 129991 0 17667 129991 0 17667 1 0 0 0 0 92022 337029 429051 TUITION AND TUTORING 611600 4989327 4989327 EXTENDED DAY 611710 282906 282906 OTHER PROGRAM REVENUE 611710 67262 67262 LAND SCHOOL REVENUE 611710 50475 50475 APPLICATIONS 611710 7125 7125 5397095 205249 205249 499 -499 -499 -499 83591 92022 48905 34686 34686 6065582 5396596 0 239935 577736 577736 162446 124259 24632 13555 3048861 2332139 462309 254413 117909 88642 16571 12696 380960 294789 57101 29070 224207 169235 34473 20499 3652 3652 19525 19525 45122 45122 3235 3235 147660 115859 17331 14470 449824 418338 31486 9631 9631 63289 56961 6328 132484 123210 9274 433909 403535 30374 STUDENT EXPENSES 320254 320254 RESTRICTED FUND EXPENSE 119581 111211 8370 MISCELLANEOUS 33834 16471 16472 891 LUNCH & MILK 20366 20366 38952 9389 29563 6353437 5192025 815818 345594 1170037 694916 490198 1018594 490642 334110 19411 27068 81424 111492 13674344 4638495 9406281 9035849 4201656 4674251 212596 0 16072245 15896280 102220 112204 231184 167487 3957961 3854219 4291365 4133910 X 10284551 10188144 1496329 1574226 11780880 11762370 16072245 15896280 X -287855 272508 -3163 X 1 X 0 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4180734 1577 448057 170000 4460368 4898552 8029 -565847 160000 4180734 4148425 7519 887608 145000 4898552 4197063 1747 84615 135000 4148425 3743899 231982 346182 125000 4197063 0.68850 0.28500 0.02650 0 0 271328 271328 13160737 4525926 8634811 242279 112569 129710 9035849 X PART X, LINE 2: THE ORGANIZATION ASSESSES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OR THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THE TAX POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS FOR YEARS BEFORE FISCAL YEAR 2020 AND, WITH A FEW EXCEPTIONS, IS NO LONGER SUBJECT TO STATE OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE FISCAL YEAR 2020. PART V, LINE 4 THE ORGANIZATION HAS RECEIVED SEVERAL GIFTS IN WHICH THE DONORS HAVE STIPULATED THAT THE GIFT AMOUNT BE INVESTED AND MAINTAINED PERMANENTLY TO GENERATE ANNUAL INCOME FOR SUPPORTING TEACHER SALARIES AND LEARNING ACTIVITIES. THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT, WHILE SEEKING TO PRESERVE THE PURCHASING POWER OF THE ENDOWMENT ASSETS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 PLANT SALE 34804 34804 17706 THE GREAT GATHERING 140809 92022 48787 1367 10132 5000 14700 175613 92022 83591 1367 10132 5000 32406 48905 34686 1 TUITION ASSISTANCE AWARDED ON AN AS-NEEDED BASIS. 69 577736 PART I, LINE 2: FAMILIES WHO EXPECT TO HAVE DIFFICULTY PAYING FULL TUITION ARE ENCOURAGED TO APPLY FOR TUITION ASSISTANCE, WHICH CONSISTS OF GRANTS THAT DO NOT NEED TO BE REPAID. THE CRITERION FOR TUITION ASSISTANCE IS FINANCIAL NEED. THE SCHOOL EXPECTS FAMILIES TO FINANCE THIER CHILDREN'S EDUCATION TO THE EXTENT THAT THEY CAN. IN THE PAST, WE HAVE FUNDED 70% OF THE NEED. SCHOLARSHIPS ARE AVAILABLE TO ALL FAMILIES THAT QUALIFY TO THE EXTENT THAT FUNDS ARE AVAILABLE. BECAUSE FAMILIES' FINANCIAL STATUS CAN CHANGE FROM YEAR TO YEAR, FAMILIES MUST REAPPLY FOR TUITION ASSISTANCE EVERY YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FULL FORM 990 IS REVIEWED BY THE TREASURER AND THE TREASURER REPORTS TO THE BOARD FOR APPROVAL. THE BOARD REVIEWS A PUBLIC INSPECTION COPY OF THE 990 PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ADMINISTRATION OVERSEES ALL EXPENDITURES AND PURCHASES EXECUTED BY THE BOARD OF DIRECTORS. IF A CONFLICT OF INTEREST ARISES, THE BOARD MEMBERS REVIEW TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST EXISTS, THE BOARD DISCUSSES ALTERNATIVES AND THE BOARD MEMBER WHO HAS THE CONFLICT OF INTEREST IS RECUSED FROM DISCUSSION AND VOTING. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD COMMITTEE DETERMINES COMPENSATION FOR THE PRINCIPAL ANNUALLY AND AN EMPLOYMENT CONTRACT IS SIGNED AFTER THE BOARD GATHERS INFORMATION NECESSARY FOR A PERFORMANCE REVIEW. EVERY THREE YEARS, A BOARD COMITTEE IS TASKED WITH REVIEWING COMPENSATION IN FURTHER DETAIL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -3,163.