2023-01-29T17:33:00-06:00 2022-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2021-07-01 262857555 TRUE NORTH TROY PREPARATORY CHARTER SCHOOL TRUE 5184453100 2 POLK STREET TROY NY 12180 JENNIFER CONSILVIO CHIEF FINANCIAL OFFICER 5184453100 2023-01-24 1 JENNIFER CONSILVIO 999009999 RAYMOND J JACOBI P00160856 5854231860 2023-01-24 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z MICHAEL BLAKE 2 POLK STREET TROY NY 12180 14047819 0 X WWW.UNCOMMONSCHOOLS.ORG X 2008 NY THE MISSION OF TRUE NORTH TROY PREPARATORY CHARTER SCHOOL ("TROY PREP") IS TO PREPARE ALL STUDENTS TO ENTER AND SUCCEED IN COLLEGE THROUGH EFFORT, ACHIEVEMENT, AND THE CONTENT OF THEIR CHARACTER. ALL TRUE NORTH TROY PREPARATORY STUDENTS WILL DEMONSTRATE EXCELLENCE IN READING, WRITING, MATH, SCIENCE AND HISTORY WHILE CONSISTENTLY EXEMPLIFYING THE VIRTUES OF CARING, COURAGE, RESPECT, RESPONSIBILITY, JUSTICE AND HARD WORK.ON JUNE 24, 2021 THE CHARTER SCHOOL'S BOARD OF TRUSTEES VOTED TO APPROVE AND AUTHORIZE THE MERGER WITH KIPP ALBANY COMMUNITY CHARTER SCHOOLS EFFECTIVE JULY 1, 2022. KIPP ALBANY COMMUNITY CHARTER SCHOOLS WILL BE THE SURVIVING EDUCATION CORPORATION. 8 7 113 8 0 0 1047588 2169181 11623812 11878504 135 134 0 0 12671535 14047819 0 0 0 0 6402530 6955703 0 0 0 4854570 6264793 11257100 13220496 1414435 827323 7178391 8150126 652404 796816 6525987 7353310 X THE MISSION OF TRUE NORTH TROY PREPARATORY CHARTER SCHOOL ("TROY PREP") IS TO PREPARE ALL STUDENTS TO ENTER AND SUCCEED IN COLLEGE THROUGH EFFORT, ACHIEVEMENT, AND THE CONTENT OF THEIR CHARACTER. ALL TRUE NORTH TROY PREPARATORY STUDENTS WILL DEMONSTRATE EXCELLENCE IN READING, WRITING, MATH, SCIENCE AND HISTORY WHILE CONSISTENTLY EXEMPLIFYING THE VIRTUES OF CARING, COURAGE, RESPECT, RESPONSIBILITY, JUSTICE AND HARD WORK. 0 0 11259420 11878504 A CHARTER PUBLIC SCHOOL SERVING ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS IN TROY, NEW YORK. 11259420 1 1 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 24 0 113 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JENNIFER CONSILVIO USI 6467742150 55 BROAD ST 3RD FL NEW YORK NY 10004 X LAURA LEE MCGOVERN TRUSTEE 1.00 X 0 0 0 JEFF BUELL TREASURER/SECRETARY 1.00 X X 0 0 0 ROBERT BELLAFIORE CHAIR 1.00 X X 0 0 0 TRACY KENNEDY TRUSTEE 1.00 X 0 0 0 JOHN REILLY TRUSTEE 1.00 X 0 0 0 JOE BONILLA VICE CHAIR 1.00 X X 0 0 0 HEATHER LAVINE TRUSTEE 1.00 X 0 0 0 SHARIF KABIR TRUSTEE 1.00 X 0 0 0 ALINA DALEY MS DIRECTOR OF OPERATIONS 50.00 X 126633 0 9985 JULIA P FRANKLIN ES DIRECTOR OF OPERATIONS 50.00 X 102836 0 15442 CATHLENE A SCHWARTZBECK HS DIRECTOR OF OPERATIONS 50.00 X 105723 0 6032 335192 0 31459 3 0 0 0 UNCOMMON SCHOOLS INC 55 BROAD ST 3RD FL NEW YORK NY 10004 MANAGEMENT SERVICES 1394802 TRUE NORTH TYLER STREET LLC 56 BROAD ST 3RD FL NEW YORK NY 10004 RENT 506100 REVOLUTION FOODS INC PO BOX 742759 LOS ANGELES CA 90074 STUDENT MEAL SERVICES 405407 TRUE NORTH RIVER STREET LLC 57 BROAD ST 3RD FL NEW YORK NY 10004 RENT 330000 GFORCE JANATORIAL LLC 1764 ROUTE 9 301 CLIFTON PARK NY 12065 CLEANING SERVICES 219509 7 2005223 163958 2169181 STATE AND LOCAL PER PUPIL OPERATI 611600 11865089 11865089 MISCELLANEOUS INCOME 900099 13415 13415 11878504 134 134 14047819 11878504 0 134 5681946 4768691 913255 154855 128565 26290 699713 577638 122075 419189 352119 67070 1543169 1311694 231475 14347 14347 31200 31200 338024 337936 88 293065 56194 236871 415838 333557 82281 1034162 968525 65637 461042 456873 4169 140155 140155 FOOD SERVICE 817370 817370 REPAIRS & MAINTENANCE 510619 510619 SUPPLIES AND MATERIALS 240152 240152 STUDENT SERVICES 213862 213862 211788 185625 26163 13220496 11259420 1961076 0 4289907 6203800 569363 380631 610095 168580 118602 2727 4139458 2821666 1513962 1317792 76462 76596 7178391 8150126 652404 620543 176273 652404 796816 X 6525987 7353310 6525987 7353310 7178391 8150126 827323 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1807529 907498 900031 1997915 1649307 348608 334014 264861 69153 1317792 X 14047819 0 14047819 0 14047819 13220496 0 13220496 0 13220496 PART X, LINE 2: THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2019 THROUGH JUNE 30, 2022 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON THE SCHOOL APPLICATION AND AT VARIOUS COMMUNITY CENTERS USED TO INFORM THE PUBLIC ABOUT THE SCHOOL AND ITS PROGRAMS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES START-UP GRANTS FOR FACILITIES AND IMPLEMENTATION AND CORE PUPIL AID. FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL UTILIZES UNCOMMON SCHOOLS, INC. (USI), AN UNRELATED 501(C)(3) ORGANIZATION, TO PROVIDE MANAGEMENT AND OTHER ADMINISTRATIVE SUPPORT SERVICES TO THE SCHOOL. THE SCHOOL DELEGATES HIRING OF CERTAIN EMPLOYEES, PLANNING AND EXECUTING BUDGETS, AND OTHER FINANCIAL OPERATIONS TO USI. USI DOES NOT COMPENSATE DOUG LEMOV, AN EMPLOYEE OF USI, TO BE ON THE BOARD OF THE SCHOOL AND HIS INVOLVEMENT WITH THE BOARD IS ON A VOLUNTEER BASIS. MICHAEL BLAKE IS AN EMPLOYEE OF USI AND IS THE MANAGING DIRECTOR OF THE NEW YORK STATE REGIONS. JENNIFER CONSILVIO IS AN EMPLOYEE OF USI AND IS THE SCHOOLS CHIEF FINANCIAL OFFICER. THE CHARTER SCHOOL PAYS UNCOMMON SCHOOLS INC. MANAGEMENT FEES FOR THE SERVICES PROVIDED INCLUDING THE SERVICES OF MICHAEL BLAKE AND JENNIFER CONSILVIO. THE FEES PAID DURING THE YEAR ENDING JUNE 30, 2022 WERE $1,543,169. ON JUNE 24, 2021, THE CHARTER SCHOOL AND USI SIGNED A MUTUAL TERMINATION OF THE MASTER SERVICE AGREEMENT EFFECTIVE JULY 1, 2022. FORM 990, PART VI, SECTION A, LINE 7A INCLUDED IN THE MEMORANDUM OF UNDERSTANDING BETWEEN THE SCHOOL AND THE MANAGEMENT COMPANY, THE MANAGEMENT COMPANY IS ALLOWED TO HAVE ONE REPRESENTATIVE ON THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE DIRECTOR, ACCOUNTING DIRECTOR AND CFO IN DETAIL. IT IS THEN REVIEWED BY THE BOARD OF DIRECTORS, APPROVED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL NEW MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE BOUND BY FIDUCIARY DUTY TO DISCLOSE ANY CONFLICTS. ANNUALLY A RESOLUTION IS ADOPTED REAFFIRMING A COMMITMENT TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THROUGH THE ANNUAL BUDGET PROCESS, ALL COMPENSATION FOR KEY EMPLOYEES IS APPROVED BY THE SCHOOL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE LOCATED AT THE MAIN OFFICE OF THE ORGANIZATION AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS.