2025-02-27T13:07:24-06:00 2024-06-30 411680240 SDK CPA 100 WASHINGTON AVE S STE 1600 MINNEAPOLIS MN 55401 990 2023-07-01 411649156 CITY OF LAKES WALDORF SCHOOL CITY 6128221092 2344 NICOLLET AVE S MINNEAPOLIS MN 55404 MARTI STEWART ADMINISTRATOR 6128221092 2025-02-27 1 0 WENDY HARDEN CPA P00956490 6123325500 2025-02-27 2023 2025-03-06 01:10:19Z MARTI STEWART 2344 NICOLLET AVE S MINNEAPOLIS MN 554043372 4878519 0 X WWW.CLWS.ORG X 1989 MN SEE SCHEDULE O. 12 9 114 50 0 0 214201 159716 4603714 4644995 1032 6532 30456 18059 4849403 4829302 595090 605779 0 0 3261251 3171792 0 0 99051 1239960 1456423 5096301 5233994 -246898 -404692 4051878 3935863 1236040 1524717 2815838 2411146 SEE SCHEDULE O. 0 0 3659986 605779 4645346 EARLY CHILDHOOD - 8TH BASIC EDUCATION SERVICES.CITY OF LAKES WALDORF SCHOOL PROVIDED WALDORF EDUCATIONAL PROGRAMS TO OVER 270 STUDENTS IN THE METRO AREA IN THE 2023-24 SCHOOL YEAR. GRADUATED 22 STUDENTS FROM 8TH GRADE. 3659986 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 30 0 1 114 1 0 0 0 0 0 0 0 0 0 0 X 12 9 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MN X MARTI STEWART 6128221092 2344 NICOLLET AVE S MINNEAPOLIS MN 554043372 MARTI STEWART ADMINISTRATOR DIRECTOR 40.00 X X 73590 0 0 MELISSA WRIGHT BOARD CHAIR 10.00 X X 0 0 0 DARRYL BULLOCK AT-LARGE 5.00 X 0 0 0 RYAN KRONZER AT-LARGE 10.00 X 0 0 0 JOHANNA GARCIA GRADES FACULTY CHAIR 40.00 X 63550 0 0 SARABETH SCOTT TREASURER 10.00 X X 0 0 0 MELISSA MCPARTLAND EARLY CHILDHOOD FACULTY CHAIR 40.00 X 63550 0 0 BRIAN LAMMERS SECRETARY 10.00 X X 0 0 0 CARY SPARROW AT-LARGE 5.00 X 0 0 0 JAY RAJARATMAN PARENT ASSOC CO-CHAIR 10.00 X 0 0 0 JUSTIN KULO AT-LARGE 5.00 X 0 0 0 ADDAM MARCOTTE AT-LARGE 5.00 X 0 0 0 200690 0 0 0 0 0 0 0 54919 104797 159716 TUITION 611710 4106581 4106581 AUXILLARY SERVICES 611710 470334 470334 OTHER INCOME 611710 68080 68080 4644995 6532 6532 49066 54919 34664 14402 14402 18210 14553 3657 3657 4829302 4644995 0 24591 605779 605779 200690 136287 59679 4724 2475694 1681225 736193 58276 14552 9881 4322 349 274936 168605 100401 5930 205920 157856 42484 5580 4276 2177 2099 72062 72062 158220 80538 77682 16571 16421 150 112265 4020 101007 7238 270148 183455 80333 6360 63243 42948 18806 1489 188931 128302 56182 4447 27264 18515 8107 642 CLASSROOM 198857 198857 CLASSROOM RENTAL 102320 102320 BAD DEBTS 99360 74360 25000 STAFF DEVELOPMENT 67948 64824 3124 74958 37 71055 3866 5233994 3659986 1474957 99051 710247 688002 149234 192006 105692 19425 24732 22886 38949 6010248 2971732 2774759 3038516 183321 39972 4051878 3935863 79157 94481 153186 115799 829468 1272879 174229 41558 1236040 1524717 X 2530390 2362009 285448 49137 2815838 2411146 4051878 3935863 -404692 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5149014 2650269 2498745 148309 51391 96918 712925 270072 442853 3038516 LEASE LIABILITIES 41558 41558 X 4223523 0 4223523 605779 605779 4829302 4628215 0 4628215 605779 605779 5233994 PART X, LINE 2: MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE RELATED TO UNCERTAIN TAX POSITIONS. TAX YEARS SUBJECT TO EXAMINATION GENERALLY REMAIN OPEN FOR THE LAST THREE YEARS FROM THE FILING DATE. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION/GRANT EXPENSE 605,779. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION/GRANT EXPENSE 605,779. PART XI, LINE 4B PER THE FINANCIAL STATEMENTS GROSS TUITION IS REDUCED BY TUITION REDUCTIONS. FOR THE TAX RETURN, TUITION ASSISTANCE IS ADDED BACK TO GROSS TUITION AND IS SHOWN AS GRANT EXPENSE ON THE STATEMENT OF FUNCTIONAL EXPENSES. PART XII, LINE 4B PER THE FINANCIAL STATEMENTS GROSS TUITION IS REDUCED BY TUITION REDUCTIONS. FOR THE TAX RETURN, TUITION ASSISTANCE IS ADDED BACK TO GROSS TUITION AND IS SHOWN AS GRANT EXPENSE ON THE STATEMENT OF FUNCTIONAL EXPENSES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLICIZED ANNUALLY DURING ENROLLMENT. BIKE-A-THON 15312 15312 5928 GALA 30753 22885 7868 26572 1 57920 16722 41198 2164 103985 54919 49066 34664 34664 14402 0 TUITION ASSISTANCE 86 605779 PART I, LINE 2 TUITION ASSISTANCE CITY OF LAKES WALDORF SCHOOL HAS A TUITION ASSISTANCE PROGRAM TO HELP FAMILIES THAT MIGHT OTHERWISE FIND THE COST OF PRIVATE EDUCATION RESTRICTIVE. WITHIN OUR BUDGETED RESOURCES, WE HOPE TO PROVIDE SOME ASSISTANCE TO THOSE WHO MEET THE CRITERIA. TUITION ASSISTANCE IS AVAILABLE FOR FAMILIES WITH CHILDREN IN KINDERGARTEN THROUGH GRADE EIGHT. ASSISTANCE IS NOT GIVEN FOR KINDERGARTEN THROUGH 8TH GRADE BEFORECARE OR AFTERCARE. THE PRIMARY RESPONSIBILITY FOR FINANCING A CHILD'S EDUCATION RESTS WITH THE FAMILY. WE EXPECT FAMILIES TO MAKE EDUCATION A PRIORITY IN THE BUDGETING OF FINANCIAL RESOURCES. THE MISSION OF THE TUITION ASSISTANCE PROGRAM IS TO DETERMINE THE AMOUNT OF SUPPORT THAT EACH FAMILY CAN OFFER THAT IS EQUITABLE BOTH FOR THE SCHOOL AND THE FAMILY. THE RANGE OF TUITION ASSISTANCE AWARDED GENERALLY FALLS BETWEEN 5% AND 90% OF TUITION COSTS. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JANUARY 17, 2024, THE CITY OF LAKES WALDORF SCHOOL BOARD OF TRUSTEES UPDATED ITS BYLAWS TO INCLUDE THE FOLLOWING STATEMENT.... BE IT RESOLVED, THE BOARD OF TRUSTEES AGREES TO AMEND THE CITY OF LAKES WALDORF SCHOOL BYLAWS TO CLARIFY THE ADMINISTRATIVE DIRECTOR SHALL REPORT DIRECTLY TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS TO REVIEW THE 990: THE TREASURER, ADMINISTRATOR, BUSINESS MANAGER AND BOARD WILL REVIEW THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY STIPULATES THAT IF THE SCHOOL WANTS TO ENTER INTO A CONTRACT OR TRANSACTION WITH ANYONE INVOLVED IN THE SCHOOL, ALL PERSONAL AND FINANCIAL CONNECTIONS BETWEEN THE PARTIES MUST BE DISCLOSED TO THE BOARD OF TRUSTEES OR THE DECISION-MAKING COMMITTEE. THE POLICY APPLIES TO ALL TRUSTEES, EMPLOYEES, VOLUNTEERS, CONTRACTORS AND ORGANIZATIONAL PARTNERS ("RESPONSIBLE PERSON"). THE RESPONSIBLE PERSON MAY BE PRESENT FOR ANY TRANSACTION DISCUSSION TO ANSWER QUESTIONS, BUT MUST LEAVE THE ROOM WHILE A VOTE IS TAKEN. EACH NEW RESPONSIBLE PERSON SHALL BE REQUIRED TO REVIEW A COPY OF THE POLICY AND ACKNOWLEDGE IN WRITING THAT THEY HAVE DONE SO. ANNUALLY, ALL BOARD MEMBERS COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THEY ARE INVOLVED THAT COULD CONTRIBUTE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS: HIRING IS COMPLETED BY THE ADMINISTRATIVE DIRECTOR FOLLOWING A RECOMMENDATION BY A SEARCH COMMITTEE. TEACHER SALARIES ARE CALCULATED ACCORDING TO A FORMULA AND SALARY STRUCTURE AND ADMINISTRATIVE SALARIES ARE DETERMINED BY A SALARY STRUCTURE AND COMPARABLE TO OTHER NON-PROFITS' SALARIES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT NOR SELECTION PROCESSES. PART I, LINE 1 AND PART III, LINE 1 CITY OF LAKES WALDORF SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN 1989 UNDER THE LAWS OF THE STATE OF MINNESOTA. THE SCHOOL PROVIDES A WALDORF EDUCATION FOR CHILDREN AGE 18 MONTHS TO 8TH GRADE ON ITS URBAN CAMPUS IN THE HEART OF MINNEAPOLIS. STUDENTS RESIDE ACROSS THE TWIN CITIES, AND ARE PRIMARILY FROM THE MINNEAPOLIS AREA. WE STRIVE TO CREATE AND NURTURE A DIVERSE LEARNING COMMUNITY OF CHILDREN, TEACHERS, FAMILIES, AND STAFF; RECOGNIZING AND VALUING INDIVIDUAL DIFFERENCES WHILE PROMOTING AND CELEBRATING THE RICHNESS OF OUR MULTICULTURAL, MULTI-ETHNIC SOCIETY. TUITION REPRESENTS THE SCHOOL'S PRIMARY SOURCE OF REVENUE.