2024-05-15T22:44:57-05:00 2023-06-30 260793942 MARTIN SMITH & COMPANY CPAS PA 1212 HAYWOOD ROAD BLDG 100 GREENVILLE SC 296152200 990 2022-07-01 463368831 MIDLANDS STEM INSTITUTE MIDL 8038151524 112 CRANE STREET WINNSBORO SC 29180 LOUISE CATHCART-WELCH INTERIM DIRECTOR 8038151524 2024-05-15 1 LOUISE CATHCART-WELCH 999009999 0 DAVID A SMITH P00045703 8642321040 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEVIN THOMAS 112 CRANE STREET WINNSBORO SC 29180 2902087 0 X WWW.MIDLANDSSTEM.ORG X 2012 SC MIDLANDS STEM INSTITUTE OFFERS A UNIQUE OPPORTUNITY FOR STUDENTS TO EARN A HIGH QUALITY EDUCATION IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM). 9 9 62 0 0 0 2741934 2876677 63611 25294 29 116 0 0 2805574 2902087 0 0 0 0 1681180 1959281 0 0 2667 1004060 1092094 2685240 3051375 120334 -149288 870308 692716 93505 65201 776803 627515 X OUR MISSION IS TO PRODUCE STEM PROFICIENT, PHYSICALLY FIT STUDENTS. OUR GOAL IS TO PREPARE YOUTH FOR THE FUTURE BY EQUIPPING THEM WITH THE SKILLS THEY NEED FOR GAINFUL EMPLOYMENT AND HEALTHY LIVES. 0 0 2251160 25294 MIDLANDS STEM INSTITUTE (MSI) OFFERS A UNIQUE OPPORTUNITY FOR STUDENTS TO OBTAIN A HIGH QUALITY EDUCATION IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM). MSI IS A TUITION-FREE PUBLIC CHARTER SCHOOL AND OPENED IN AUGUST 2014. MSI'S MISSION IS TO PRODUCE ACADEMICALLY AND PHYSICALLY FIT STEM PROFICIENT STUDENTS. MSI OFFERS PARENTS AND GUARDIANS A CHOICE OF TRADITIONAL GRADE STRUCTURES OR MULTI-AGE LEARNING ENVIRONMENTS, AND THE OPTION OF FACE-TO-FACE OR ONLINE DISTANCE LEARNING. IN ADDITION TO PROVIDING AN ALTERNATIVE TO TRADITIONAL PUBLIC SCHOOL OR PRIVATE SCHOOL EDUCATIONAL OPTIONS, MSI SERVES KINDERGARTEN (AGE 5) STUDENTS THROUGH 11TH GRADE AND ADDS A GRADE EVERY YEAR UNTIL MATRICULATION AT 12TH GRADE. AT MSI, STUDENTS HAVE LEARNING OPPORTUNITIES THAT HELP THEM SET COURSES FOR PRODUCTIVE FUTURES. MSI'S GOAL IS TO PREPARE OUR YOUTH FOR THE FURTURE BY EQUIPPING THEM WITH THE SKILLS THEY NEED FOR GAINFUL EMPLOYMENT AND HEALTHY LIVES. STEM EDUCATION GOES WELL BEYOND TRADITIONAL SCHOOL CURRICULUM, AND OPENS AVENUES FOR STUDENTS IN A VARIETY OF FIELDS. STUDENTS AT MSI LEARN THROUGH ENGAGING AND CHALLENGING EXPERIENCES THAT FOCUS ON PROBLEM-SOLVING IN REAL WORLD SETTINGS. MSI'S HEALTH AND FITNESS PROGRAM FOCUSES ON PHYSICAL FITNESS, WELL-BEING, DIET, AND NUTRITION. MSI IS FOCUSED ON STEM EDUCATION, BUT ALSO PROVIDES SPANISH LANGUAGE INSTRUCTION, ART, MUSIC, SPORTS, CLUBS, AND CULTURAL EXPERIENCES. 2251160 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 9 0 62 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X X OFFICE 8038151524 112 CRANE STREET WINNSBORO SC 29180 KEVIN THOMAS BOARD CHAIR 1.00 X X 0 0 0 KIZZIE SMALLS VICE CHAIR 1.00 X X 0 0 0 LAUREN BECK SECRETARY 1.00 X X 0 0 0 DAN CAMPBELL TREASURER 1.00 X X 0 0 0 MARK JOHNSTON DIRECTOR 1.00 X 0 0 0 EMILY ESTEP DIRECTOR 1.00 X 0 0 0 JAMES WELCH DIRECTOR 1.00 X 0 0 0 LOUISE CATHCART-WELCH INTERIM DIRECTOR 60.00 X X 0 0 0 CYNTHIA PRINCE EXECUTIVE DIRECTOR 60.00 X 110751 0 0 110751 0 0 1 0 0 0 ROCKTON BAPTIST CHURCH 114 CRANE STREET WINNSBORO SC 29180 RENTING FACILITES 139482 1 2867171 9506 2876677 PUPIL ACTIVITY 611710 19414 19414 OTHER REVENUE 611710 5100 5100 LUNCH SALES 611710 780 780 25294 116 116 2902087 25294 0 116 X 110751 110751 1479046 1121254 357792 19336 19336 218206 176742 41464 131942 92782 39160 25541 25541 26300 26300 9000 9000 358191 265739 92452 11279 11279 15648 12981 2667 135113 135072 41 294226 294226 6865 1971 4894 5515 5515 53764 43011 10753 10053 10053 STUDENT SUPPLIES 55640 55640 FEE PAID TO CHARTER INS 44901 44901 PUPIL ACTIVITIES 33982 33982 STUDENT TRANSPORTATION 4763 4763 1313 1127 186 3051375 2251160 797548 2667 150643 365339 452057 127050 31805 15025 419351 249049 220803 170302 15000 15000 870308 692716 25121 9253 19899 68384 36049 93505 65201 X 0 0 0 0 776803 627515 776803 627515 870308 692716 -149288 0 X 0 1 X 0 0 X 230779 79736 151043 174597 161394 13203 13975 7919 6056 170302 X 2902087 0 2902087 0 2902087 3051375 0 3051375 0 3051375 PART X, LINE 2: THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS, WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 INFORMATION IS PROVIDED ON THE SCHOOL'S WEBSITE. THE SCHOOL IS A PUBLIC SCHOOL AND ABIDES BY ALL STATE AND FEDERAL REGULATIONS REGARDING DISCRIMINATION. SCHEDULE E, PART I, LINE 4 LINE 4B - THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL. THEREFORE, IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES A SIGNIFICANT PORTION OF ITS SUPPORT FORM GOVERNMENTAL UNITS INCLUDING APPROXIMATELY $2,867,000 FROM STATE AND FEDERAL SOURCES. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND REVIEWED AND APPROVED BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THIS IS PART OF THE ANNUAL TRAINING FOR ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 EXPLANATION OFR HOW OFFICERS SALARIES ARE DETERMINIED [990-7 BOX 75] FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G STUDENT SERVICES : PROGRAM SERVICE EXPENSES 24,501. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,501. INSTRUCTIONAL SERVICES : PROGRAM SERVICE EXPENSES 86,034. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 86,034. INSTRUCTIONAL PROGRAM IMPROVEMENT : PROGRAM SERVICE EXPENSES 5,911. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,911. CONTRACTED FOOD SERVICES : PROGRAM SERVICE EXPENSES 149,293. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 149,293. FISCAL SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 80,623. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,623. ADMIN/MANAGEMENT SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,676. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,676. INSTRUCTIONAL SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,153. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,153. FORM 990, PART IX, LINE 24E MEMBERSHIP DUES & FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,396. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,396. FOOD SERVICE : PROGRAM SERVICE EXPENSES 1,127. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,127. BANK FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 516. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 516. OTHER EXPENDITURES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -2,726. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -2,726.