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PAVE ACADEMY CHARTER SCHOOL: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
PAVE ACADEMY CHARTER SCHOOL (EIN 26-2272858)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-11-14
IRS object ID
202413199349315971
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-14T16:47:30-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN873231666PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 TICE BOULEVARD SUITE 315AddressLine1Txt
CityWOODCLIFF LAKECityNm
State AbbreviationNJStateAbbreviationCd
ZIP07677ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN262272858EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PAVE ACADEMY CHARTER SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPAVEBusinessNameControlTxt
Phone7188587813PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1732 HENRY STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11231ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELDRIDGE GILBERTPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone7188587813PhoneNum
Signature2024-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSACHA RICHARDSPreparerPersonNm
PTINP01378509PTIN
Phone2017129800PhoneNum
Preparation2024-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARSHA GADSDENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1732 HENRY STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11231ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,981,916GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PAVESCHOOLS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PREPARE STUDENTS TO THRIVE IN COMPETITIVE HIGH SCHOOLS AND FOUR YEAR COLLEGES.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee119TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,346,017PYContributionsGrantsAmt
CY Contributions Grants$2,216,744CYContributionsGrantsAmt
PY Program Service Revenue$9,783,850PYProgramServiceRevenueAmt
CY Program Service Revenue$9,487,588CYProgramServiceRevenueAmt
PY Investment Income$56,460PYInvestmentIncomeAmt
CY Investment Income$277,570CYInvestmentIncomeAmt
PY Other Revenue$3,272PYOtherRevenueAmt
CY Other Revenue$14CYOtherRevenueAmt
PY Total Revenue$12,189,599PYTotalRevenueAmt
CY Total Revenue$11,981,916CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,728,203PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,236,143CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,610,189PYOtherExpensesAmt
CY Other Expenses$3,427,491CYOtherExpensesAmt
PY Total Expenses$11,338,392PYTotalExpensesAmt
CY Total Expenses$11,663,634CYTotalExpensesAmt
PY Revenues Less Expenses$851,207PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$318,282CYRevenuesLessExpensesAmt
Total Assets BOY$9,526,328TotalAssetsBOYAmt
Total Assets EOY$9,853,151TotalAssetsEOYAmt
Total Liabilities BOY$572,277TotalLiabilitiesBOYAmt
Total Liabilities EOY$580,818TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,954,051NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,272,333NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPAVE IS A K-8 COLLEGE-PREPARATORY CHARTER SCHOOL THAT LAYS THE FOUNDATION FOR A PRODUCTIVE AND CHOICE-FILLED LIFE. WE BUILD OUR STUDENTS BRICK BY BRICK; EQUIPPING THEM WITH THE ACADEMIC, SOCIAL, AND EMOTIONAL SKILLS THAT THEY NEED TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, OVERCOMERS, AND LEADERS IN THEIR COMMUNITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$10,266,901ExpenseAmt
Grant$0GrantAmt
Revenue$9,487,588RevenueAmt
DescTHE SCHOOL PROVIDES STUDENTS A RIGOROUS, COLLEGE-PREPARATORY EDUCATION THAT LAYS THE FOUNDATION FOR A PRODUCTIVE AND CHOICE-FILLED LIFE. THE SCHOOL'S EVIDENCE-BASED, MULTI-PRONGED APPROACH RECOGNIZES THAT YOUNG PEOPLE - PARTICULARLY YOUNG PEOPLE OF COLOR FROM HIGH-POVERTY COMMUNITIES - CAN ONLY ACHIEVE ACADEMIC SUCCESS WHEN THEY FEEL SAFE, SUPPORTED, CONNECTED, AND EMOTIONALLY HEALTHY. TO THAT END, THE SCHOOL EQUALLY FOSTERS THE ACADEMIC, SOCIAL, AND EMOTIONAL DEVELOPMENT OF SKILLS STUDENTS NEED TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, OVERCOMERS, AND FUTURE LEADERS IN THEIR COMMUNITIES. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 440 STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE IN THE 2023-2024 ACADEMIC YEAR.Desc
Total Program Service Expenses$10,266,901TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document34IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee119EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LISA LURIEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7188587813PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1732 HENRY STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11231ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ELDRIDGE GILBERT
CHAIR1.00Yes (X)Yes (X)$0$0$0
MELANIE DUKES
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
ALLIE SWEENEY
TREASURER1.00Yes (X)Yes (X)$0$0$0
COLEMAN KENNEDY
TRUSTEE THRU 03/20241.00Yes (X)$0$0$0
SANIA KHAN
TRUSTEE1.00Yes (X)$0$0$0
SOPHIE LIPPINCOTT FERRER
TRUSTEE1.00Yes (X)$0$0$0
KIM LUMPKIN
TRUSTEE1.00Yes (X)$0$0$0
TYLER PRIDE
TRUSTEE1.00Yes (X)$0$0$0
SPENCER ROBERTSON
TRUSTEE1.00Yes (X)$0$0$0
MELISSA TORRES
TRUSTEE1.00Yes (X)$0$0$0
MARSHA GADSDEN
EXECUTIVE DIRECTOR45.00Yes (X)$218,675$0$6,971
BRENDA SMITH
MS PRINCIPAL45.00Yes (X)$70,632$0$7,027
MICHELLE COOK
ELEMENTARY SCHOOL PRINCIPAL45.00Yes (X)$141,899$0$25,875
DARREN HORN
DIRECTOR OF STEM45.00$135,308$0$31,444Yes (X)
MARGARET BROWN
DIRECTOR OF OPERATIONS45.00$122,068$0$14,514Yes (X)
DESPINA TSAFOS
INTERVENTION SPECIALIST45.00$118,817$0$16,873Yes (X)
DORIS GALARZA
TEACHER45.00$114,835$0$14,493Yes (X)
MARGARET HUNT
DIRECTOR OF STUDENT SERVICES K-845.00$107,417$0$30,777Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,029,651TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$147,974TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K9IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BUTTERBEANS INC
41-43 39TH STREETSUNNYSIDENY11104SCHOOL FOOD PROVIDER$485,638
MARTINEZ CLEANING CO INC
90-07 31ST AVENUEEAST ELMHURSTNY11369CLEANING SERVICES$276,970
LAVINIA GROUP
PO BOX 1319SAG HARBORNY11963CURRICULUM & PROF. DEVELOPMENT$180,800
KOKUA
318 W ADAMSCHICAGOIL60605TEMP STAFFING PROVIDER$123,488
GRANITE STATE SPECIALTIES
10 LANE ROADRAYMONDNH03077CONSTRUCTION SERVICES$122,204
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
Government Grants$1,855,526GovernmentGrantsAmt
All Other Contributions$361,218AllOtherContributionsAmt
Noncash Contributions$36,821NoncashContributionsAmt
Total Contributions$2,216,744TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescGOV'T PER-PUPIL REVENUEDesc
Business900099BusinessCd
Total Revenue Column$9,487,588TotalRevenueColumnAmt
Related Or Exempt Func Income$9,487,588RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$9,487,588TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$277,570TotalRevenueColumnAmt
Exclusion$277,570ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$14TotalRevenueColumnAmt
Exclusion$14ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$14OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,981,916TotalRevenueColumnAmt
Related Or Exempt Func Income$9,487,588RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$277,584ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$530,702TotalAmt
Program Services$270,576ProgramServicesAmt
Management And General$260,126ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,294,989TotalAmt
Program Services$5,624,926ProgramServicesAmt
Management And General$670,063ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$47,577TotalAmt
Program Services$44,977ProgramServicesAmt
Management And General$2,600ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$776,860TotalAmt
Program Services$673,341ProgramServicesAmt
Management And General$103,519ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$586,015TotalAmt
Program Services$506,632ProgramServicesAmt
Management And General$79,383ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$699TotalAmt
Program Services$604ProgramServicesAmt
Management And General$95ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$38,510TotalAmt
Program Services$33,293ProgramServicesAmt
Management And General$5,217ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,006,452TotalAmt
Program Services$902,247ProgramServicesAmt
Management And General$104,205ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$142,313TotalAmt
Program Services$136,162ProgramServicesAmt
Management And General$6,151ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$226,271TotalAmt
Program Services$197,480ProgramServicesAmt
Management And General$28,791ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$119,582TotalAmt
Program Services$103,383ProgramServicesAmt
Management And General$16,199ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$376,666TotalAmt
Program Services$325,642ProgramServicesAmt
Management And General$51,024ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,558TotalAmt
Program Services$5,670ProgramServicesAmt
Management And General$888ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$143,749TotalAmt
Program Services$124,276ProgramServicesAmt
Management And General$19,473ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$50,631TotalAmt
Program Services$43,773ProgramServicesAmt
Management And General$6,858ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CLASSROOM MATERIALS$453,832$453,832
STUDENT MEALS$442,678$442,678
REPAIRS & MAINTENANCE$270,826$234,139$36,687
STAFF LUNCHES/TEAM BUIL$83,677$79,094$4,583

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$65,047TotalAmt
Program Services$64,176ProgramServicesAmt
Management And General$871ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,663,634TotalAmt
Program Services$10,266,901ProgramServicesAmt
Management And General$1,396,733ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,736,834BOYAmt
EOY$2,939,611EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,527,075BOYAmt
EOY$4,750,911EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$959,781BOYAmt
EOY$704,600EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$77,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$58,760BOYAmt
EOY$30,794EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,749,536LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,490,889LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$216,502BOYAmt
EOY$258,647EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,005,376BOYAmt
EOY$1,058,588EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$22,000BOYAmt
EOY$33,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,526,328BOYAmt
EOY$9,853,151EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$572,277BOYAmt
EOY$580,818EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$572,277BOYAmt
EOY$580,818EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,810,150BOYAmt
EOY$9,132,933EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$143,901BOYAmt
EOY$139,400EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,954,051BOYAmt
EOY$9,272,333EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,526,328BOYAmt
EOY$9,853,151EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$318,282ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$286,443OtherCostOrOtherBasisAmt
Depreciation$244,955DepreciationAmt
Book Value$41,488BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,060,700OtherCostOrOtherBasisAmt
Depreciation$988,669DepreciationAmt
Book Value$72,031BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$402,393OtherCostOrOtherBasisAmt
Depreciation$257,265DepreciationAmt
Book Value$145,128BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$258,647TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$11,987,242TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$5,326DonatedServicesAndUseFcltsAmt
Revenue Not Reported$5,326RevenueNotReportedAmt
Revenue Subtotal$11,981,916RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,981,916TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$11,668,960TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$5,326DonatedServicesUseFcltsAmt
Expenses Not Reported$5,326ExpensesNotReportedAmt
Expenses Subtotal$11,663,634ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$11,663,634TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2021.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2020-23.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. THE SCHOOL ALSO RECEIVED THE EMPLOYEE RETENTION CREDIT.
LINE 4 - EXPLANATION OF RECORDKEEPING:4A. THE SCHOOL MAINTAINS RECORDS ON THE RACIAL COMPOSITION OF ITS STUDENT BODY AND COLLECTS RACIAL INFORMATION ON A VOLUNTARY BASIS FROM FACULTY AND ADMINISTRATIVE STAFF. 4B. THE SCHOOL IS A TUITION-FREE PUBLIC SCHOOL AND DOES NOT NEED TO AWARD SCHOLARSHIPS FOR TUITION. THE SCHOOL DOES OFFER SCHOLARSHIPS ON A RACIALLY NON-DISCRIMINATORY BASIS FOR SCHOOL-RELATED EXTRACURRICULAR ACTIVITIES.
LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID:THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARSHA GADSDEN
EXECUTIVE DIRECTOR$217,739$0$0$0$936$0$4,372$0$2,599$0$225,646$0$0$0
MICHELLE COOK
ELEMENTARY SCHOOL PRINCIPAL$141,113$0$0$0$786$0$0$0$25,875$0$167,774$0$0$0
DARREN HORN
DIRECTOR OF STEM$134,498$0$0$0$810$0$2,847$0$28,597$0$166,752$0$0$0

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$36,821NoncashContributionsRptF990Amt
Method Of Determining RevenuesCOSTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. ANY QUESTIONS, COMMENTS, OR REQUIRED CHANGES ARE FORWARDED TO THE ACCOUNTING FIRM, AND A FINAL VERSION IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL TRUSTEES, OFFICERS, KEY PERSONS AND EMPLOYEES OF THE SCHOOL. ANY PERSON WITH A POTENTIAL OR ACTUAL CONFLICT OF INTEREST MUST PROMPTLY DISCLOSE SUCH POTENTIAL OR ACTUAL CONFLICT OF INTEREST IN GOOD FAITH IN WRITING TO HIS OR HER IMMEDIATE SUPERVISOR, AS APPLICABLE, AND TO EACH MEMBER OF THE BOARD. ANY TRUSTEE, OFFICER, KEY PERSON OR EMPLOYEE TO WHICH THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES MAY NOT BE PRESENT AT OR PARTICIPATE IN THE BOARD OR COMMITTEE DELIBERATION OR VOTE ON THE MATTER GIVING RISE TO SUCH CONFLICT; PROVIDED THAT NOTHING PROHIBITS THE BOARD OR A COMMITTEE FROM REQUESTING THAT THE PERSON WITH THE CONFLICT OF INTEREST PRESENT INFORMATION AS BACKGROUND OR ANSWER QUESTIONS AT A COMMITTEE OR BOARD MEETING PRIOR TO THE COMMENCEMENT OF DELIBERATIONS OR VOTING RELATING THERETO. THE BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES OR COMMITTEE MEMBERS WHETHER A CONFLICT EXISTS. THE INTEREST PERSON IS RECUSED FROM PARTICIPATING IN DECISION MAKING ON MATTERS INVOLVING THE CONFLICT. ALL TRUSTEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AND SUBMIT IT TO THE BOARD SECRETARY ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15PAVE PARTICIPATES IN AN ANNUAL COMPENSATION SURVEY CONDUCTED BY A CHARTER SCHOOL INDUSTRY ASSOCIATION, WHICH SURVEYS SIMILAR ORGANIZATIONS ON THEIR COMPENSATION PRACTICES AND AMOUNTS. NEARLY ALL OF PAVE'S POSITIONS ARE REFLECTED IN THIS SURVEY, INCLUDING BUT NOT LIMITED TO: EXECUTIVE DIRECTOR, THE ELEMENTARY SCHOOL PRINCIPAL, THE MIDDLE SCHOOL PRINCIPAL, FUNCTIONAL DIRECTORS, AND TEACHERS. ADDITIONALLY, PAVE REFERS TO THE NYC DOE SCHEDULES FOR SCHOOL LEADERS AND INSTRUCTIONAL STAFF, AS WELL AS OTHER NON-PROFIT COMPENSATION SCHEDULES ACROSS THE NON-PROFIT SECTOR AS A WHOLE. PAVE CONDUCTS ITS REVIEW OF COMPENSATION AND SETS REASONABLE COMPENSATION ANNUALLY. EXECUTIVE COMPENSATION IS APPROVED BY THE BOARD AND DOCUMENTED IN THE MINUTES OF THE BOARD. THIS PROCESS WAS LAST CONDUCTED IN FY 2023.
FORM 990, PART VI, SECTION C, LINE 19PAVE ACADEMY CHARTER SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST.
FORM 990, PART XII, LINE 2C:THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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