2024-05-10T14:11:33-05:00 2023-06-30 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2022-07-01 204587841 MEETING STREET SCHOOLS MEET 8432779969 200 MEETING STREET 206 CHARLESTON SC 29401 MARCUS BACKMAN CHIEF FINANCIAL OFFICER 8432779969 2024-05-10 1 MARCUS BACKMAN 999009999 1 JANICE A RATICA P00358837 7043338881 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTOPHER RUSZKOWSKI 200 MEETING STREET 206 CHARLESTON SC 29401 41196053 0 X WWW.MEETINGSTREETSCHOOLS.ORG X 2006 SC NETWORK OF INNOVATIVE SCHOOLS SERVING CHILDREN FROM UNDER-RESOURCED COMMUNITIES. 7 6 518 500 0 0 290612336 28963149 290425 237966 2550029 11955644 73481 39294 293526271 41196053 66933 174690 0 0 24574707 26506006 0 0 65219 10981031 14294233 35622671 40974929 257903600 221124 288450678 295929641 1818998 2884652 286631680 293044989 X MEETING STREET SCHOOLS (MSS) IS A GROUNDBREAKING INITIATIVE DEDICATED TO THE CREATION OF A NEW MANDATE FOR EDUCATION IN SOUTH CAROLINA AND BEYOND. MSS WAS FOUNDED UPON THE BELIEF THAT ALL CHILDREN DESERVE AN EXCELLENT EDUCATION REGARDLESS OF THEIR GEOGRAPHIC OR SOCIOECONOMIC CIRCUMSTANCES, AND ALL CHILDREN HAVE THE ABILITY TO EXCEL IN THE CLASSROOM. WHERE ACCESS TO QUALITY PUBLIC EDUCATION OR AFFORDABLE PRIVATE ALTERNATIVES IS OFTEN SEVERELY LIMITED, MSS IS PROVIDING CHILDREN WITH TRANSFORMATIONAL EDUCATIONAL OPPORTUNITIES. 0 0 12490225 0 0 IN FEBRUARY 2014, MSS AGREED TO PARTNER WITH THE CHARLESTON COUNTY SCHOOL DISTRICT ("CCSD") UNDER THE SC SCHOOLS OF CHOICE LAW TO OPEN MEETING STREET ELEMENTARY AT BRENTWOOD (MSEB), A PUBLIC SCHOOL OF INNOVATION OPEN TO ALL FAMILIES LIVING IN THE NEWLY FORMED ATTENDANCE ZONE IN NORTH CHARLESTON, SC. MSEB OPENED ITS DOORS IN AUGUST OF 2014 TO APPROXIMATELY 120 STUDENTS SPANNED FROM PREK3 THROUGH FIRST GRADE, ADDING ON A SUCCESSIVE GRADE EACH YEAR. IN MARCH 2020, THE PARTNERSHIP WAS AMENDED TO ALLOW MSEB TO GROW TO EIGHTH GRADE FOR THE 2022-2023 SCHOOL YEAR. DURING THE 2022-2023 SCHOOL YEAR, MSEB SERVED APPROXIMATELY 707 STUDENTS FROM PREK3 THROUGH EIGHTH GRADE. 8683669 0 IN MARCH 2016, IN CONJUNCTION WITH THE AMENDED PARTNERSHIP WITH CCSD, MEETING STREET SCHOOLS ENTERED INTO AN AGREEMENT TO OPERATE ANOTHER SCHOOL IN CCSD, EDMUND A. BURNS ELEMENTARY SCHOOL ("BURNS"). DURING THE 2018-2019 SCHOOL YEAR, MEETING STREET ELEMENTARY AT BURNS (MSBN) OPENED ITS DOORS TO 175 STUDENTS SPANNING PREK4 THROUGH SECOND GRADE. MSBN WAS HOUSED ON THE BRENTWOOD CAMPUS OPERATING AS ITS OWN SCHOOL UNTIL THE 2019-2020 SCHOOL YEAR WHEN THE SCHOOL BEGAN TO OPERATE ITS OWN CAMPUS AFTER COMPLETING RENOVATIONS. IN MARCH 2020, MSBN WAS ALSO PART OF THE CCSD AMENDMENT WITH BRENTWOOD TO ALLOW THE SCHOOL TO EXPAND TO MIDDLE SCHOOL, ADDING A NEW GRADE UNTIL THE EIGHTH GRADE IN THE 2023-2024 SCHOOL YEAR. DURING THE 2022-2023 SCHOOL YEAR, MSBN SERVED APPROXIMATELY 433 STUDENTS FROM PREK3 THROUGH SIXTH SEVENTH GRADE. 8337262 54690 195552 MEETING STREET ACADEMY (MSA-CHARLESTON) OPENED ITS DOORS IN CHARLESTON, SC IN AUGUST 2008 FOR APPROXIMATELY 45 PRESCHOOL CHILDREN, AGED THREE AND FOUR. SINCE THEN, WE HAVE ADDED GRADES THROUGH 6TH GRADE. MSA-CHARLESTON SERVED APPROXIMATELY 351 STUDENTS IN THE 2022-2023 SCHOOL YEAR FROM PREK3 THROUGH SIXTH GRADE. THANKS TO THE GENEROSITY OF DONORS, MSA-CHARLESTON PROVIDED $6,122,448 IN TUITION ASSISTANCE TO FAMILIES WITH DEMONSTRATED FINANCIAL NEED DURING THE 2022-2023 SCHOOL YEAR. 9907621 120000 81708 IN JULY 2012, MSA-SPARTANBURG OPENED ITS DOORS TO 37 PRESCHOOLERS AGED THREE AND FOUR. IN APRIL 2016, MSS AND SPARTANBURG DISTRICT 7 MOVED FORWARD WITH PLANS TO BEGIN THE 2016-2017 YEAR AT MSA-SPARTANBURG AS A PUBLIC SCHOOL OF INNOVATION. DURING THE 2022-2023 SCHOOL YEAR, MSA-SPARTANBURG SERVED APPROXIMATELY 338 STUDENTS FROM PREK3 TO FIFTH GRADE. DURING THE 2022-2023 SCHOOL YEAR WE ENTERED INTO AN AGREEMENT TO OPERATE MEETING STREET-JASPER & BEAUFORT ("JASPER & BEAUFORT") LOCATED IN RIDGELAND, SOUTH CAROLINA. JASPER & BEAUFORT IS A CHARTER SCHOOL AUTHORIZED BY THE SOUTH CAROLINA PUBLIC CHARTER SCHOOL DISTRICT. THE INITIAL YEAR OF JASPER & BEAUFORT IS SET FOR 2023-2024 WITH THE TARGET TO SERVE APPROXIMATELY 90 STUDENTS ACROSS KINDERGARTEN AND FIRST GRADE. JASPER & BEAUFORT AIMS TO ADD ONE GRADE EACH YEAR UNTIL IT REACHER EIGTH GRADE IN THE 2030-2031 SCHOOL YEAR.DURING THE 2021-2022 SCHOOL YEAR WE LAUNCHED 3 PARTNER INITIATIVES:1) MEETING STREET ALUMNI SCHOLARSHIP FUND - THE ALUMNI SCHOLARSHIP FUND HELPS MAKE COLLEGE DREAMS BECOME A REALITY FOR STUDENTS WHO HAVE ATTENDED MEETING STREET SCHOOLS, HAVE ACADEMIC ACHIEVEMENTS AND DEMONSTRATE FINANCIAL NEED. FOUNDED BY REMARKABLE ACTS OF GENEROSITY, THE ALUMNI SCHOLARSHIP FUND IS PART OF MEETING STREET SCHOOLS' 20-YEAR COMMITMENT TO STUDENTS TO PROVIDE LIFE-CHANGING OPPORTUNITIES FROM PRE-K TO AND THROUGH COLLEGE.2) EXCELLENCE IN TEACHING AWARDS - MODELED AFTER MEETING STREET SCHOOLS' PERFORMANCE AWARDS, THE EXCELLENCE IN TEACHING AWARDS RECOGNIZE TEACHERS THAT MAKE A TRUE IMPACT ON THE ACADEMIC ADVANCEMENT OF STUDENTS IN SCHOOLS WITH THE HIGHEST NEEDS AND CELEBRATES THE LIFE-CHANGING WORK OF TRANSFORMATIVE EDUCATORS AT ZERO COST TO OUR PARTNER SCHOOLS.3) NEW LEADERS - WE DEVELOP LEADERS WHO SHAPE THE FUTURE. OUR LEADERS REMOVE BARRIERS TO SUCCESS FOR UNDERESTIMATED AND UNDERSERVED STUDENTS, SUPPORTING STUDENTS IN FULLY REALIZING THEIR FUTURES AS THE NEXT GENERATION OF GREAT THINKERS, INNOVATORS, AND LEADERS FOR OUR SOCIETY. 9907621 120000 81708 39418777 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 X 38 0 1 518 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X MARCUS BACKMAN 8432779969 200 MEETING STREET SUITE 206 CHARLESTON SC 29401 CHRISTOPHER RUSZKOWSKI CHIEF EXECUTIVE OFFICER 40.00 X X 203695 0 14305 CHAD WEIDEN PRINCIPAL 40.00 X 187689 0 21661 JAMIE DOWNS PRINCIPAL 40.00 X 178428 0 8038 KATIE ROBINSON CHIEF ACADEMIC OFFICER 40.00 X 140335 0 18498 SHAVAWN DAVIS-MILFORD PRINCIPAL 40.00 X 142199 0 15737 LIZ ULLES PRINCIPAL IN RESIDENCE 40.00 X 136514 0 11488 KAITLYN NIGRO CHIEF HUMAN RESOURCES OFFICER 40.00 X 120835 0 15265 TAMIL GOODSON FOUNDING PRINCIPAL 40.00 X 123857 0 3580 MARCUS BACKMAN CHIEF FINANCIAL & DATA OFFICER 40.00 X 88847 0 10257 KELLY NAVARRO BOARD MEMBER 1.00 X 0 0 0 LINDSAY LEONARD BOARD MEMBER 1.00 X 0 0 0 FORD PERRY BOARD MEMBER 1.00 X 0 0 0 SUSAN SHULER TREASURER 1.00 X X 0 0 0 BENJAMIN NAVARRO PRESIDENT 1.00 X X 0 0 0 CHRISTOPHER ALLEN SECRETARY 1.00 X X 0 0 0 1322399 0 118829 12 0 1 0 COASTAL BUS LINE LLC 4954 N HWY 17 AWENDAW SC 29429 STUDENT TRANSPORTATION 759635 DISH & DESIGN CATERING EVENTS 629 JOHNNIEDODDS BLVD UNIT 5 MT PLEASANT SC 29464 STUDENT NUTRITION SERVICES 554484 THE BUDD GROUP INC 7410 NORTHSIDE DR SUITE G150 N CHARLESTON SC 29420 JANITORIAL SERVICES 480664 RESURGENT CAPITAL SERVICES 55 BEATTIE PL SUITE 110 GREENVILLE SC 29601 PAYROLL & BENEFITS SERVICES 245226 CITY WIDE FACILITY SOLUTIONS - CHARLESTO 2154 N CENTER ST E-502 N CHARLESTON SC 29406 JANITORIAL SERVICES 179030 10 23288089 5675060 28963149 TUITION AND FEES 611110 195552 195552 STUDENT UNIFORMS 611110 42414 42414 237966 11955644 11955644 MISCELLANEOUS REVENUE 611110 39294 39294 39294 41196053 277260 0 11955644 X 120000 120000 54690 54690 647017 626959 18466 1592 21202093 20544825 605099 52169 549644 532605 15687 1352 2446223 2370390 69814 6019 1661029 1609537 47405 4087 122520 122520 903619 815636 87983 644964 644964 38243 38243 1277701 1273431 4270 461188 461188 OTHER PERSONNEL COSTS 3587113 3587113 ACADEMIC SUPPORT 3121595 3121265 330 REPAIRS AND MAINTENANCE 1676444 1676444 FOOD SERVICES 1488108 1488108 972738 952810 19928 40974929 39418777 1490933 65219 3752250 4041773 250000 0 1367317 323510 53854999 58043108 335333 583061 33027700 9847826 24041484 23179874 204842637 208649778 6658 1108537 288450678 295929641 1325639 1502081 493359 280692 0 1101879 1818998 2884652 X 286432489 292343103 199191 701886 286631680 293044989 288450678 295929641 221124 6192185 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38838437 38838437 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 28748671 6606489 22142182 361231 94756 266475 3688887 2969195 719692 228911 177386 51525 23179874 X 47388238 6192185 6192185 41196053 0 41196053 40974929 0 40974929 0 40974929 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION RECOGNIZES INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR TAX YEARS BEFORE 2020. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MSA CHARLESTON COMPLIES WITH SECTION 4.02 OF REV. PROC. 75-50 BY INCLUDING A NONDISCRIMINATORY STATEMENT IN ALL OF ITS BROCHURES AND CATALOGS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. MEETING STREET SCHOOLS OPERATED THREE PUBLIC SCHOOLS (MSE AT BRENTWOOD, MSE BURNS AND MSA SPARTANBURG) AND ONE PRIVATE SCHOOL (MSA CHARLESTON.) THE PUBLIC SCHOOLS ARE FREE AND OPEN TO ALL FAMILIES LIVING IN THEIR RESPECTIVE ATTENDANCE ZONE. PURSUANT TO REV. PROC. 75-50, SECTION 4.03(2)(C) MEETING STREET ACADEMY CHARLESTON FOLLOWS THE NONDISCRIMINATORY POLICY BY CURRENTLY ENROLLING STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS, AS FOLLOWS FOR 2021-2022: AFRICAN AMERICAN-92.4%, MIXED RACE-1.4%, HISPANIC-1.4%, WHITE-1.4%, OTHER 3.4%. SCHEDULE E, PART I, LINE 6 WITH RESPECT TO THE OPERATION OF PUBLIC SCHOOLS, THE ORGANIZATION RECEIVES FUNDING FROM THE STATE DEPARTMENT OF EDUCATION VIA THE LOCAL SCHOOL DISTRICTS. 1 WABASH COLLEGE PO BOX 352 CRAWFORDSVILLE IN 47933 350868202 501(C)3 120000 0 SCHOLARSHIPS 1 MEETING STREET ALUMNI - COLLEGE SCHOLARSHIPS 5 54690 PART I, LINE 2: RECIPIENT ORGANIZATIONS AGREE TO GRANT PURPOSE AND INTENDED USE OF FUNDS IN WRITING PRIOR TO DISBUREMENT AND PROVIDE REPORTS ON USE AT LEAST ANNUALLY. X 0 0 0 0 0 0 0 0 0 CHRISTOPHER RUSZKOWSKI CHIEF EXECUTIVE OFFICER 177195 0 26500 0 0 0 6120 0 8185 0 218000 0 0 0 CHAD WEIDEN PRINCIPAL 149296 0 38393 0 0 0 5798 0 15863 0 209350 0 0 0 JAMIE DOWNS PRINCIPAL 144928 0 33500 0 0 0 2528 0 5510 0 186466 0 0 0 KATIE ROBINSON CHIEF ACADEMIC OFFICER 139135 0 1200 0 0 0 2700 0 15798 0 158833 0 0 0 SHAVAWN DAVIS-MILFORD PRINCIPAL 103904 0 38295 0 0 0 4348 0 11389 0 157936 0 0 0 BROADWALK DEVELOPMENT LLC OWNED BY SUBSTANTIAL CONTRIBUTORS 674371 LEASE - THIS AGREEMENT WAS NEGOTIATED AT ARM'S LENGTH AND IS AT FAIR MARKET VALUE. 0 FORM 990, PART VI, SECTION A, LINE 8B: THE BRENTWOOD, BURNS, AND SPARTANBURG SCHOOLS HAVE EXECUTIVE COMMITTEES THAT PARTICIPATE IN SOME GOVERNANCE DECISIONS PERTAINING TO THE INDIVIDUAL SCHOOLS. MINUTES FOR ALL EXECUTIVE COMMITTEE MEETINGS ARE MAINTAINED BY THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 BENJAMIN NAVARRO AND KELLY NAVARRO HAVE A FAMILY RELATIONSHIP. BENJAMIN NAVARRO, SUSAN SHULER, AND CHRISTOPHER ALLEN HAVE A BUSINESS RELATIONSHIP. BENJAMIN NAVARRO AND FORD PERRY HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, CFO, AND TREASURER REVIEW THE FORM 990 BEFORE IT IS FILED. A COPY OF FORM 990 IS THEN PROVIDED TO ALL BOARD MEMBERS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. THE PERIODIC REVIEWS AT A MINIMUM INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATIONS' WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR ALL EMPLOYEES IS DETERMINED USING LOCAL SCHOOL DISTRICT COMPENSATION DATA. THROUGH THE BUDGET PROCESS, THE ENTIRE BOARD APPROVES ALL COMPENSATION MATTERS. BOARD REVIEW AND APPROVAL IS DOCUMENTED IN MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND OTHER FINANCIAL DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 122,520. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 122,520. FORM 990, PART IX, LINE 24E ADMISSIONS AND OTHER ADMINISTRATIVE COSTS: PROGRAM SERVICE EXPENSES 952,810. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 952,810. BAD DEBT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 19,928. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,928. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. 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