2024-05-15T00:00:44-05:00 2023-06-30 471019942 CREATIVE PLANNING TAX LLC 12100 MEREDITH DR SUITE 200 URBANDALE IA 50323 990 2022-07-01 851076978 FRIENDS OF SPERO ACADEMY II FRIE 6124658600 2701 CALIFORNIA STREET NE MINNEAPOLIS MN 55418 TONY FARAH BOARD CHAIR 6124658600 2024-05-13 1 TONY FARAH 999009999 0 MICHELLE HEKEL CPA P01440878 5157275700 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z TONY FARAH 2701 CALIFORNIA STREET NE MINNEAPOLIS MN 55418 900825 0 X WWW.SPERO.ACADEMY X 2020 MN TO PURCHASE, OWN, CONSTRUCT OR LEASE A PUBLIC SCHOOLHOUSE ON REAL ESTATE FOR LEASE TO SPERO ACADEMY 3 3 0 3 0 0 0 0 0 780075 2998 120750 0 0 2998 900825 0 0 0 0 0 0 0 0 0 1448692 1753080 1448692 1753080 -1445694 -852255 31950836 25311184 33403918 27616521 -1453082 -2305337 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PURCHASE, OWN, CONSTRUCT OR LEASE A PUBLIC SCHOOLHOUSE ON REAL ESTATE FOR LEASE TO SPERO ACADEMY, A MN PUBLIC CHARTER SCHOOL. 0 0 1753080 780075 THE ORGANIZATION'S PURPOSE IS TO CONSTRUCT AND LEASE A FACILITY FOR SPERO ACADEMY, A MN PUBLIC CHARTER SCHOOL. 1753080 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 MN X CREATIVE PLANNING 9525636800 3800 AMERICAN BLVD WEST SUITE 1000 BLOOMINGTON MN 554314420 X TONY FARAH CHAIR 1.00 X X 0 0 0 KIRK WAHLSTROM SECRETARY 1.00 X X 0 0 0 CHANDRA STONE TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 ROCHON 28 2ND ST NW STE 200 MAPLE GROVE MN 55369 GENERAL CONTRACTOR 14757905 JB VANG PARTNERS INC 1335 PIERCE BUTLER ROUTE ST PAUL MN 55104 PROJECT MANAGEMENT 213970 2 RENTAL INCOME 532000 780075 780075 780075 120750 120750 900825 780075 0 120750 2500 2500 6000 6000 25 25 52549 52549 1374749 1374749 298504 298504 EQUIPMENT PURCHASE 18753 18753 1753080 1753080 0 0 15801265 3562792 109300 22046895 298503 16040271 21748392 31950836 25311184 6145505 323609 26025000 27250000 1225000 8413 42912 33403918 27616521 X -6044618 3196271 4591536 -5501608 0 0 -1453082 -2305337 31950836 25311184 -852255 0 X 0 1 X 1 0 X X X 1 SPERO ACADEMY 200309518 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1300000 1300000 20311192 290160 20021032 435703 8343 427360 21748392 DUE TO SPERO ACADEMY 42912 42912 X PART X, LINE 2: THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE 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 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 CLOSED. NO RETURNS ARE CURRENTLY UNDER EXAMINATION IN ANY TAX JURISDICTION. A CITY OF INDEPENDENCE MINNESOTA 410958873 45362RAG2 2021-09-16 26025000 NEW BUILDING 0 0 0 A 25569563 3332041 60063 9894766 15788522 0 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 0 A 0 PAR I COLUMN (C) VS. PART II LINE 3 - THE DIFFERENCE IS CAUSED BY THE UNDERWRITER'S DISCUOUNT. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS SPERO ACADEMY. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER HAS THE POWER TO REMOVE OR APPOINT DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE ARTICLES OF INCORPORATION SHALL NOT BE AMENDED WITHOUT THE WRITTEN CONSENT OF THE SOLE MEMBER. SUBJECT TO THE RIGHT OF THE SOLE MEMBER TO ADOPT, AMEND AND REPEAL THE BYLAWS AS SET FORTH IN MINNESOTA STATUTES, SECTION 317A.181, SUBD. 2(B), THE POWER TO ADOPT, AMEND OR REPEAL THE BYLAWS IS VESTED IN THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE SPERO ACADEMY FINANCE COMMITTEE REVIEWS THE FORM 990, WHILE IN PREPARATION, AND THEN PRESENTS THE PUBLIC DISCLOSURE FORM 990 TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL, PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. SPERO ACADEMY 2701 CALIFORNIA ST NE MINNEAPOLIS MN 55418 200309518 SCHOOL MN 501(C)(3) LINE 2 N/A 0 FRIENDS OF SPERO ACADEMY 2701 CALIFORNIA ST NE MINNEAPOLIS MN 55418 815382949 LEASE BUILDING TO SCHOOL MN 501(C)(3) LINE 12A, I SPERO ACADEMY 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0