2024-05-14T08:39:12-05:00 2023-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2022-07-01 262569958 MUNDO VERDE BILINGUAL PUBLIC CHARTER SCHOOL MUND 2026308373 30 P STREET NW WASHINGTON DC 20001 KRISTIN SCOTCHMER EXECUTIVE DIRECTOR 2026308373 2024-05-09 1 KRISTIN SCOTCHMER 999009999 0 TIANA WYNN P00997288 4105840060 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KRISTIN SCOTCHMER 30 P STREET NW WASHINGTON DC 20001 25747521 0 X WWW.MUNDOVERDEPCS.ORG X 2008 DC TO FOSTER HIGH LEVELS OF ACADEMIC ACHIEVEMENT AMOUNT A DIVERSE GROUP OF STUDENTS BY PREPARING THEM TO BE SUCCESSFUL AND COMPASSIONATE GLOBAL STEWARDS OF THEIR COMMUNITIES THROUGH AN ENGAGING CURRICULUM FOCUSED ON BILITERACY AND SUSTAINABILITY. 7 7 304 250 0 0 4080425 2432994 19603258 21687796 0 0 754313 1626731 24437996 25747521 0 0 0 0 13650738 15988166 0 0 175982 9896245 10247250 23546983 26235416 891013 -487895 21494914 50819048 14288351 43206995 7206563 7612053 TO FOSTER HIGH LEVELS OF ACADEMIC ACHIEVEMENT AMOUNT A DIVERSE GROUP OF STUDENTS BY PREPARING THEM TO BE SUCCESSFUL AND COMPASSIONATE GLOBAL STEWARDS OF THEIR COMMUNITIES THROUGH AN ENGAGING CURRICULUM FOCUSED ON BILITERACY AND SUSTAINABILITY. 0 0 21511982 21687796 PUBLIC EDUCATION - MUNDO VERDE BILINGUAL PUBLIC CHARTER SCHOOL EMBRACES AN EDUCATIONAL MODEL KNOWN AS EXPEDITIONARY LEARNING THAT HAS PROVED SUCCESSFUL IN WASHINGTON'S MOST SOUGHT-AFTER PUBLIC CHARTER SCHOOL. WE ARE THE ONLY SCHOOL IN THE DISTRICT TO ALSO FOCUS ON ENVIRONMENTAL SUSTAINABILITY AND BILINGUAL EDUCATION. 21511982 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 304 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 DC X KRISTIN SCOTCHMER 2026308373 30 P STREET NW WASHINGTON DC 20001 ALICIA WILLIAMS BOARD CHAIR, CHAIR OF INTERNAL COMMITTE 2.00 X X 0 0 0 ANNELIESE GEGENHEIMER TREASURER 2.00 X 0 0 0 CARMENCHU MENDIOLA-FERNANDEZ BOARD SECRETARY, CHAIR OF EXTERNAL COMMITTEE 2.00 X X 0 0 0 JOHN MAHAFFIE BOARD VICE CHAIR 2.00 X 0 0 0 BISI OYEDOLE BOARD MEMBER 2.00 X 0 0 0 MIKELA SELIGMAN CHAIR, GOVERNANCE COMMITTEE 2.00 X 0 0 0 VALECIA BIDDIX CHAIR, ACADEMIC COMMITTEE 2.00 X 0 0 0 KRISTIN SCOTCHMER EXECUTIVE DIRECTOR 40.00 X 160000 0 14363 JOSEPH RODRIGUEZ INTERIM CHIEF SCHOOLS OFFICER 40.00 X 145200 0 16032 KATHERINE PARK CHIEF OPERATING AND SUSTAINABILITY OFFICER 40.00 X 127610 0 10018 ROYNETTA DOUGLASS PRINICPAL (COOK CAMPUS) 40.00 X 122900 0 14438 ROBYN PRETLOW DIRECTOR OF HR/TALENT & GENERAL COUNSEL 40.00 X 122977 0 10231 678687 0 65082 5 0 1 0 END-TO-END SOLUTIONS FOR SPECIAL EDUCATI 714 G STREET SUITE 201 WASHINGTON DC 20003 SPECIAL EDUCATION CONTRACTED SERVICES 438995 JONATHAN HALPERIN PO BOX 15781 CHEVY CHASE MD 20814 CONSULTING 305001 JOHN BREYER 1438 MERIDIAN PLACE NW WASHINGTON DC 20010 CONSULTING 149480 EDOPS 1140 19TH STREET NW WASHINGTON DC 20036 CONSULTING 101137 4 1833391 599603 2432994 PER PUPIL ALLOCATIONS 611710 21687796 21687796 21687796 BEFORE AND AFTER CARE 900099 1199328 1199328 STUDENT ACTIVITIES 900099 427403 427403 1626731 25747521 21687796 0 1626731 743769 625633 110314 7822 12356933 10394234 1832752 129947 1826595 1536470 270916 19209 1060869 892367 157346 11156 1300997 830793 470204 118734 100937 17797 407605 346508 61097 2350522 1998094 352428 213142 181193 31949 402784 342409 60375 989560 841231 148329 1255073 291356 960074 3643 138551 117783 20768 DIRECT STUDENT COSTS 2731628 2731628 DC PCSB ADMIN FEE 198018 168336 29682 FEES AND LICENSES 132936 113010 19926 ALL OTHER EXPENSES 7700 3495 4205 26235416 21511982 4547452 175982 5082423 6833866 236564 1348500 988752 530314 911158 217435 298105 45306851 6570273 14074108 38736578 5570 3050589 21494914 50819048 1838717 1827587 43917 38968 988645 6584020 32447391 1554250 1982478 4267447 5921926 14288351 43206995 X 7194038 7602049 12525 10004 7206563 7612053 21494914 50819048 X -487895 893385 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8166582 8166582 19635956 312027 19323929 15404145 4680302 10723843 1269914 1006422 263492 830254 571522 258732 38736578 DEPOSITS 20670 RIGHT OF USE ASSETS, NET 3029919 3050589 LEASE LIABILITIES 5921926 5921926 X 26640906 893385 893385 25747521 0 25747521 26235416 0 26235416 0 26235416 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE TO THE DISTRICT OF COLUMBIA INCOME TAX LAWS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR AS OF JUNE 30, 2023 AND 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2023, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2020 THROUGH 2023 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE SCHOOL FILES TAX RETURNS. IT IS THE SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -988,645. GAIN ON CANCELLATION - LEASE AGREEMENT 1,882,030. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 SCHEDULE E, PART I, LINE 3 AS A PUBLIC CHARTER SCHOOL, MUNDO VERDE IS EXEMPT FROM THE REQUIREMENTS OF REV. PROC. 75-50. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FUNDS FROM GOVERNMENTAL AGENCIES INCLUDING THE DISTRICT OF COLUMBIA. SCHEDULE E, PART I, LINE 7 AS A PUBLIC SCHOOL, MUNDO VERDE IS EXEMPT FROM THE REQUIREMENTS OF REV. PROC. 75-50. X 0 0 0 0 0 0 0 0 0 KRISTIN SCOTCHMER EXECUTIVE DIRECTOR 159000 0 1000 0 0 0 0 0 14363 0 174363 0 0 0 JOSEPH RODRIGUEZ INTERIM CHIEF SCHOOLS OFFICER 144200 0 1000 0 0 0 0 0 16032 0 161232 0 0 0 A DISTRICT OF COLUMBIA 536001131 2022-11-17 55000000 FINANCE ACQUISITION AND RENOVATION OF THE SCHOOL 0 0 0 A 55000000 815866 24687726 7805882 21690526 1 0 0 1 A 0 0 0 0 0 0 1 A 1 1 1 EAGLE BANK 30.394440000000 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 1A THE PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER WILL BE VOTING MEMBERS OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE DIRECTOR WILL BE AN EX OFFICIO NON-VOTING MEMBER OF THE EXECUTIVE COMMITTEE. THE PRESIDENT WILL BE THE CHAIR OF THE EXECUTIVE COMMITTEE. WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE WILL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS, EXCEPT TO THE EXTENT, IF ANY, THAT SUCH AUTHORITY IS LIMITED BY RESOLUTION OF THE ENTIRE BOARD OF DIRECTORS; PROVIDED, HOWEVER, THAT NEITHER THE EXECUTIVE COMMITTEE NOR ANY OTHER COMMITTEE WILL HAVE THE POWER TO AMEND THE ARTICLES OF INCORPORATION OR THESE BYLAWS; APPROVE THE ANNUAL BUDGET, CAPITAL EXPENDITURES OR OUTLAYS IN EXCESS OF $25,000; INITIATE OR TERMINATE THE SERVICES OF EMPLOYEES OR THE EXECUTIVE DIRECTOR; ELECT NEW OR REMOVE EXISTING DIRECTORS OR OFFICERS, OR EXTEND OFFICER TERMS OF OFFICE; CREATE OR DISSOLVE COMMITTEES, OR APPOINT OR REMOVE COMMITTEE CHAIRS; CHANGE THE PURPOSE OF THE CORPORATION OR DISSOLVE THE CORPORATE EXISTENCE OF THE CORPORATION; ENTER INTO CONTRACTS OR SUE OTHER ENTITIES; ADOPT OR ELIMINATE PROGRAMS OF MUNDO VERDE. ALL ACTIONS OF THE EXECUTIVE COMMITTEE WILL BE REPORTED TO THE BOARD OF DIRECTORS AT ITS NEXT REGULAR MEETING AND ANY MOTION TO RECONSIDER ANY ACTION SO REPORTED WILL BE IN ORDER IF MADE BY ANY DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FISCAL YEAR AUDIT AND THE DRAFT FORM 990 ARE COMPLETE AND DELIVERED TO MANAGEMENT, THE BOARD OF DIRECTORS REVIEWS THE 990 WITH MANAGEMENT AND DISCUSSES ANY CHANGES AND RECOMMENDATIONS BEFORE THE FINAL FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, AND EMPLOYEES ARE REQUIRED TO REPORT AND DISCLOSE ANY INTERESTS IN A CONTRACT OR OTHER TRANSACTION OR PROGRAM PRESENTED TO OR DISCUSSED BY THE BOARD OR BOARD COMMITTEE FOR AUTHORIZATION, APPROVAL, OR RATIFICATION PRIOR TO THE BOARD OR COMMITTEE ACTING ON THE CONTRACT OR TRANSACTION. THE DISCLOSURE MUST INCLUDE ALL RELEVANT FACTS AND MATERIALS KNOWN TO THE PERSON THAT MIGHT REASONABLY BE SEEN AS ADVERSE TO THE SCHOOL'S INTEREST. THE BOARD OR BOARD COMMITTEE, BY MAJORITY VOTE, WILL THEN DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS OR MAY REASONABLY BE SEEN TO EXIST. THE MINUTES OF THE MEETING WILL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON, AND, WHEN APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION OF THE PERSON WITH THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S COMPENSATION, USING COMPARABILITY DATA, AND CONTEMPORANEOUSLY DOCUMENTS THE DELIBERATION AND DECISION. THIS PROCESS TO DETERMINE COMPENSATION OF THE EXECUTIVE DIRECTOR WAS LAST DONE IN APRIL 2021. THE EXECUTIVE DIRECTOR DETERMINES THE SALARY OF ANY OTHER OFFICERS OF THE SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -988,645. GAIN ON CANCELLATION - LEASE AGREEMENT 1,882,030. PART XII 2C PROCESS HAS NOT CHANGED SINCE PRIOR YEAR.