2024-12-13T14:22:37-06:00 2024-06-30 521853933 JM&M 10500 LITTLE PATUXENT PARKWAY SUITE 770 COLUMBIA MD 21044 990 2023-07-01 205116150 CHARTER SCHOOL INCUBATOR INITIATIVE CHAR 2022515210 1776 I STREET NW 200 WASHINGTON DC 20006 ORNELLA NAPOLITANO CFO 2022515210 2024-12-13 1 1 MEENA BISHNOI P01480769 4108840220 2023 2024-10-15 13:58:12Z ORNELLA NAPOLITANO 1776 I STREET NW 200 WASHINGTON DC 20006 3883937 0 X WWW.BPATHWAYS.ORG X 2005 DC TO PROVIDE START-UP CHARTER SCHOOLS IN THE DISTRICT OF COLUMBIA WITH TEMPORARY, "INCUBATOR" FACILITIES. 3 3 2 4 0 0 0 0 5206284 2889272 5167869 -5296638 129911 982055 10504064 -1425311 0 0 0 0 435647 195880 0 0 0 5519308 3550979 5954955 3746859 4549109 -5172170 22749448 12970478 13048549 8441749 9700899 4528729 TO PROVIDE START-UP CHARTER SCHOOLS IN THE DISTRICT OF COLUMBIA WITH TEMPORARY, "INCUBATOR" FACILITIES. 0 0 3415826 2889272 CSII ACCOMPLISHES ITS EXEMPT PURPOSE BY:-LEASING UNUSED SCHOOL FACILITIES, PRIMARILY FROM THE DISTRICT OF COLUMBIA GOVERNMENT;-SUBLEASING THE FACILITIES TO START-UP PUBLIC CHARTER SCHOOLS AT BELOW-MARKET RENT RATES;-PROVIDING PROPERTY MANAGEMENT SERVICES FOR THE FACILITIES, INCLUDING MAINTENANCE, CLEANING, AND REPAIRS; AND-RENOVATING AND MODERNIZING THE FACILITIES, PRIMARILY FUNDED THROUGH SHORTER-TERM DEBT (1-5 YEARS). 3415826 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 DC X ORNELLA NAPOLITANO 2022515210 1776 I STREET NW 200 WASHINGTON DC 20006 ORNELLA NAPOLITANO TREASURER & CFO 40.00 0.25 X 144200 0 36089 JOE BRUNO EXECUTIVE DIRECTOR AS OF 7/2023 2.00 0.25 X 0 0 0 MARIANNE KELER CHAIR & SECRETARY 0.25 0.25 X X 0 0 0 ALBERT D'ALESSANDRO BOARD MEMBER 0.25 X 0 0 0 JAMES MCANDREWS BOARD MEMBER 0.25 0.25 X 0 0 0 144200 0 36089 1 0 1 0 JONES LANG LASALLE AMERICAS INC 200 E RANDOLPH DRIVE CHICAGO IL 60601 FACILITIES MANAGEMENT 1201376 RIVER EAST CONTRACTING LLC 6006 ARBUTUS LN CLINTON MD 207351519 REPAIRS AND MAINTENANCE 997099 PMM COMPANIES 15938 DERWOOD RD ROCKVILLE MD 20855 FACILITIES MANAGEMENT 185593 3 LEASE REVENUE 531190 2889272 2889272 2889272 12610 12610 5309248 -5309248 -5309248 -5309248 INSURANCE CLAIM 900099 960791 960791 REFUNDS 900099 21264 21264 982055 -1425311 2889272 0 -4314583 184285 184285 11595 11595 15447 15447 30809 30809 122207 38079 84128 841243 841243 506556 506556 1236791 1236791 58570 58570 LEASE EXPENSE 724400 724400 MISCELLANEOUS EXPENSE 14893 10187 4706 PARKING 63 63 3746859 3415826 331033 0 4522904 3991496 539263 685069 1659 74399 14671 8981173 2208418 16108503 6772755 1502720 1506487 22749448 12970478 981751 252247 12006798 8184502 60000 5000 13048549 8441749 X 9700899 4528729 9700899 4528729 22749448 12970478 -5172170 0 X X 0 1 X 1 0 X 133400 1000000 1133400 10091925 8257526 7229678 5206284 2889272 33674685 10091925 8390926 8229678 5206284 2889272 34808085 0 7414220 7641797 5614079 2733914 23404010 7414220 7641797 5614079 2733914 23404010 11404075 6807 1938 2873 7931 12610 32159 6807 1938 2873 7931 12610 32159 60054 322354 32619 129911 982055 1526993 10158786 8715218 8265170 5344126 3883937 36367237 0.31360 0.46550 0.00090 0.00070 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 60,054. 2020 AMOUNT: $ 322,354. 2021 AMOUNT: $ 32,619. 2022 AMOUNT: $ 3,200. 2023 AMOUNT: $ 21,264. INSURANCE SETTLEMENT - 2022 AMOUNT: $ 126,711. 2023 AMOUNT: $ 960,791. 8963996 2195488 6768508 17177 12930 4247 6772755 DEPOSITS 50000 INTERCOMPANY RECEIVABLES 1456487 1506487 SECURITY DEPOSIT LIABILITY 5000 5000 X PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. THE ORGANIZATION DOES NOT BELIEVE ITS CONSOLIDATED FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. X 0 0 0 0 0 0 0 0 0 ORNELLA NAPOLITANO TREASURER & CFO 144200 0 0 0 0 0 8652 0 27437 0 180289 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF A POTENTIAL FINANCIAL INTEREST OR A POTENTIAL FIDUCIARY DUTY AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IF AN OFFICER HAS A POTENTIAL CONFLICT OF INTEREST, SUCH OFFICER MUST DISCLOSE THAT POTENTIAL CONFLICT OF INTEREST PRIOR TO ENTERING INTO ANY ENGAGEMENT WITH THE THIRD-PARTY THAT IS CREATING THE POTENTIAL CONFLICT OF INTEREST. SUCH OFFICER'S POTENTIAL CONFLICT OF INTEREST SHALL ALSO BE DESCRIBED IN THE CREDIT MEMORANDUM THAT IS PRESENTED TO THE APPROPRIATE BOARD FOR APPROVAL. 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 HAS NOT CHANGED ITS AUDIT OVERSIGHT PROCESS OR SELECTION OF AN INDEPENDENT AUDITOR PROCESS DURING THE YEAR. ST PAUL ON FOURTH STREET INC 1776 I STREET NW SUITE 200 WASHINGTON DC 20006 811726866 NONPROFIT CHARTER SCHOOL FACILITIES DC 501(C)(3) PF CSII 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0