2023-05-04T04:11:53-05:00 2022-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2021-07-01 651203744 ACHIEVEMENT FIRST INC ACHI 2037733223 370 JAMES STREET 404 NEW HAVEN CT 06513 ANDREW BOAS CHAIRMAN 2037733223 2023-05-03 1 ANDREW BOAS 999009999 LAURA KIELCZEWSKI P00740769 9592007000 2023-05-03 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANDREW BOAS 370 JAMES STREET 404 NEW HAVEN CT 06513 47620076 0 X WWW.ACHIEVEMENTFIRST.ORG X 2003 CT ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, RHODE ISLAND, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 9 9 378 10 0 0 33892366 11655683 29551514 33064478 81330 1846 897745 2898069 64422955 47620076 4304858 5875630 0 0 33168445 34119568 0 0 1607322 5114490 11631843 42587793 51627041 21835162 -4006965 52811061 52266888 10185185 13647977 42625876 38618911 X ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, RHODE ISLAND, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 0 0 29387796 123513 34043605 EDUCATIONAL, FINANCIAL AND MANAGEMENT SERVICES TO CHARTER SCHOOLS IN CONNECTICUT, NEW YORK AND RHODE ISLAND. 5752117 5752117 SCHOOL GRANTS: TO PROVIDE ASSISTANCE TO A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, RHODE ISLAND, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. CONTRIBUTIONS, GIFTS, AND GRANTS WERE RECEIVED BY THE ORGANIZATION WHICH WERE USED TO COVER THE EXPENSES OF THESE PROGRAMS. 8672770 IMPROVEMENT OF EDUCATIONAL EXPERIENCES RELATED TO PREPARATION AND SUCCESS IN COLLEGE, INNOVATION IN ELEMENTARY SCHOOL DESIGN, PARENT AND COMMUNITY ENGAGEMENT AND, SHARING EDUCATIONAL PRACTICES WITH TRADITIONAL PUBLIC AND OTHER CHARTER SCHOOLS. 43812683 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 167 0 1 378 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY CT RI X GAYLORD BOURNE CPA 2037733223 370 JAMES STREET 404 NEW HAVEN CT 06513 ANDREW BOAS CHAIR 1.00 X X 0 0 0 ANTHONY L DAVIS TREASURER 1.00 X X 0 0 0 ANTHONY THOMPSON OUTGOING DIRECTOR 1.00 X 0 0 0 ARIELA ROZMAN DIRECTOR 1.00 X 0 0 0 GREG BELINFANTI BOARD MEMBER 1.00 X 0 0 0 GRISELDA RODRIGUEZ-SOLOMON BOARD MEMBER 1.00 X 0 0 0 JOHN MOTLEY DIRECTOR 1.00 X 0 0 0 K PERCY BALLAH DIRECTOR 1.00 X 0 0 0 VALERIE ROCKEFELLER DIRECTOR 1.00 X 0 0 0 WILLIAM BUCK DIRECTOR 1.00 X 0 0 0 DACIA TOLL OUTGOING CEO 40.00 X 450997 0 17284 FATIMAH BARKER INTERIM CEO 40.00 X 288024 0 30464 NEIL SHAH CHIEF FINANCIAL OFFICER 40.00 X 0 0 0 RICHARD BUERY OUTGOING CEO/PRESIDENT 40.00 X 323737 0 23524 VICTOR DE LA PAZ OUTGOING CHIEF FINANCIAL OFFICER 40.00 X 30435 0 0 CHI YOUNG TSCHANG REGIONAL SUPERINTENDENT 40.00 X 209813 0 32066 JAE WON C SHIN SENIOR INSTRUCTOR 40.00 X 201075 0 28958 JESSE BALIS-HARRIS REGIONAL SUPERINTENDENT 40.00 X 205255 0 26421 STEPHANIE BLAKE SUPERINTENDENT 40.00 X 313034 0 29695 TALIA SHAULL CTO 40.00 X 206041 0 26398 2228411 0 214810 105 0 1 0 BUSINESS TALENT GROUP LLC PO BOX 58086 SANTA CLARA CA 95050 CONSULTING SERVICES 215845 THE NOBLE STORY GROUP 1813 KILBOURNE PLACE NW WASHINGTON DC 20010 CONSULTING SERVICES 199500 ATTUNED EDUCATION PARTNERS LLC 409 EASTERN PKWY APT 713 BROOKLYN NY 112165271 CONSULTING SERVICES 191900 DEI WORKS COLLECTIVE LLC PO BOX 3871 DURHAM NC 27702 CONSULTING SERVICES 158160 ABOUT THE WORK LLC 40 EXCHANGE PLACE SUITE 1708 NEW YORK NY 10005 CONSULTING SERVICES 128000 5 11655683 107420 11655683 MANAGEMENT FEE 541610 25778017 25778017 ANCILLARY SCHOOL SERVICES SUPPORT 541610 3499999 3499999 CHARTER START UP 541610 2311274 2311274 FEDERAL E-RATE FUNDING 541610 1475188 1475188 33064478 1846 1846 1918942 0 1918942 1918942 1918942 CURRICULUM DEVELOPMENT REVENUE 900099 924000 924000 55127 55127 979127 47620076 34043605 0 1920788 5752117 5752117 123513 123513 803247 657030 114187 32030 28410452 23197570 4075389 1137493 391771 327390 49532 14849 2119760 1771413 268004 80343 2394338 2000867 302720 90751 292090 211814 66766 13510 52530 38093 12007 2430 2640068 1914491 603470 122107 262992 205397 51719 5876 256008 208381 45429 2198 619192 548665 65797 4730 1364826 1322839 41894 93 478053 396657 68389 13007 107576 101457 6119 1615937 1582607 33330 673 552 94 27 SCHOOL PROGRAM SUPPORT 1677686 1466555 169930 41201 RECRUITMENT OF SCHOOL A 681520 664311 16769 440 PROFESSIONAL DEVELOPMEN 88500 73126 13939 1435 GOVERNANCE, ADVOCACY AN 81308 63186 10696 7426 1412884 1184652 190856 37376 51627041 43812683 6207036 1607322 14001267 6385756 5185 5194 18325260 10440492 1500000 3666350 7312150 5503900 2093370 26688 3410530 16786311 23212766 52811061 52266888 3237896 4930748 5308966 8338793 1638323 378436 10185185 13647977 X 24465284 27862254 18160592 10756657 42625876 38618911 52811061 52266888 -4006965 0 X 0 1 X 1 1 1 X 32493326 13919630 15153588 33892366 11655683 107114593 32493326 13919630 15153588 33892366 11655683 107114593 12573274 94541319 67496 39 83780 1920788 2072103 724645 794883 864796 897745 979127 4261196 113447892 144071485 0.83330 0.86440 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CURRICULUM DEVELOPMENT REVENUE - 2017 AMOUNT: $ 683,000. 2018 AMOUNT: $ 792,000. 2019 AMOUNT: $ 864,000. 2020 AMOUNT: $ 864,000. 2021 AMOUNT: $ 924,000. MISCELLANEOUS INCOME - 2017 AMOUNT: $ 41,645. 2018 AMOUNT: $ 2,883. 2019 AMOUNT: $ 796. 2020 AMOUNT: $ 33,745. 2021 AMOUNT: $ 55,127. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 58500 58500 0 PART II-B, LINE 1: THE ORGANIZATION PAYS TRUE NORTH COMMUNCATIONS, ATHENA SOLUTIONS, AND CAPITOL CITY GROUP FOR LOBBYING ACTIVITIES IN SUPPORT OF CHARTER SCHOOLS. 5003947 1616533 3387414 193823 170707 23116 306130 306130 0 3410530 DUE FROM RELATED SCHOOLS 21676957 INSURANCE RESERVE 1369000 CONSTRUCTION IN PROGRESS 166809 23212766 DUE TO RELATED SCHOOLS 122894 REFUNDABLE ADVANCES 255542 378436 X 47620076 0 47620076 0 47620076 51627041 0 51627041 0 51627041 PART X, LINE 2: AF HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2022. AF'S FEDERAL INFORMATIONAL RETURNS PRIOR TO FISCAL YEAR 2019 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, AF WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF MANAGEMENT AND GENERAL EXPENSES IN THE CONSOLIDATED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS AND INCLUDE ACCRUED INTEREST AND PENALTIES IN ACCRUED EXPENSES IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION. AF DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX MATTERS FOR THE YEAR ENDED JUNE 30, 2022. 1 ACHIEVEMENT FIRST BRIDGEPORT ACADEMY 370 JAMES ST STE 404 NEW HAVEN CT 06513 371543858 501(C)(3) 451473 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ACHIEVEMENT FIRST BROOKLYN SCHOOLS 370 JAMES ST STE 404 NEW HAVEN CT 06513 205118947 501(C)(3) 1346727 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ACHIEVEMENT FIRST HARTFORD ACADEMY 370 JAMES ST STE 404 NEW HAVEN CT 06513 262236909 501(C)(3) 99653 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ACHIEVEMENT FIRST RHODE ISLAND INC 370 JAMES ST STE 404 NEW HAVEN CT 06513 461986417 501(C)(3) 1090203 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. AMISTAD ACADEMY INC 370 JAMES ST STE 404 NEW HAVEN CT 06513 061546695 501(C)(3) 1273976 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ELM CITY COLLEGE PREPARATORY INC 370 JAMES ST STE 404 NEW HAVEN CT 06513 205196171 501(C)(3) 1482650 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. 6 SCHOLARSHIP 1356 90954 FMV SCHOLARSHIP COVID SUPPORT 93 32559 PART I, LINE 2: GRANTS GIVEN TO THE SCHOOLS ARE FOR OPERATING EXPENSES. ACHIEVEMENT FIRST, INC. PLAYS AN OVERSIGHT ROLE FOR EACH SCHOOL IN MONITORING THE USE OF GRANT FUNDS. APPLICATIONS ARE REVIEWED PRIOR TO SCHOLARSHIPS BEING AWARDED, AND THE SCHOLARSHIPS ARE APPLIED DIRECTLY AGAINST STUDENT TUITION. DURING FISCAL YEAR 2020, THE ORGANIZATION IDENTIFIED A CHARITABLE CLASS FOR THE PURPOSE OF PROVIDING COVID RELIEF AWARDS TO MEMBERS OF OUR EDUCATIONAL COMMUNITY STUDENTS & THEIR FAMILIES, ALUMNI FROM OUR SCHOOLS CURRENTLY ATTENDING COLLEGE FOR PERSONAL USE. X X X 1 0 0 0 0 0 0 1 0 DACIA TOLL OUTGOING CEO 179806 0 50000 0 221191 0 2500 0 14784 0 468281 0 0 0 RICHARD BUERY OUTGOING CEO/PRESIDENT 293541 0 30000 0 196 0 2500 0 21024 0 347261 0 0 0 STEPHANIE BLAKE SUPERINTENDENT 272921 0 40000 0 113 0 0 0 29695 0 342729 0 0 0 FATIMAH BARKER INTERIM CEO 287911 0 0 0 113 0 2500 0 27964 0 318488 0 0 0 CHI YOUNG TSCHANG REGIONAL SUPERINTENDENT 209626 0 0 0 187 0 2500 0 29566 0 241879 0 0 0 TALIA SHAULL CTO 205854 0 0 0 187 0 2500 0 23898 0 232439 0 0 0 JESSE BALIS-HARRIS REGIONAL SUPERINTENDENT 205138 0 0 0 117 0 2500 0 23921 0 231676 0 0 0 JAE WON C SHIN SENIOR INSTRUCTOR 198940 0 2000 0 135 0 2500 0 26458 0 230033 0 0 0 PART I, LINE 4A DACIA TOLL RECEIVED A SEVERANCE PAYMENT WHICH IS INCLUDED ON PART II, COLUMN B(III). PART I, LINE 7 SOME OF THE INDIVIDUALS LISTED ON FORM 990, PART VII, RECEIVED BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUALS W-2S. X 2 107420 FMV 0 0 0 PART I, COLUMN (B): AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PRESENTED TO BOARD FINANCE COMMITTEE MEMBERS PRIOR TO SUBMISSION TO THE IRS. FORM 990 IS ALSO REVIEWED BY THE AUDIT & ACCOUNTING SPECIALIST, AND A COPY IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED ANNUALLY, TO DISCLOSE CONFLICTS OF INTEREST. VENDORS AND OTHER MAJOR CONTRACTORS ARE REQUIRED TO ENSURE THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CONCERNED PARTY'S SALARIES ARE DETERMINED THROUGH COMPARISON TO SIMILAR ORGANIZATIONS AND REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AT NO COST TO THE PUBLIC. THE ORGANIZATION'S FORM 990 IS AVAILABLE BOTH UPON REQUEST AND ON THE WEBSITE WWW.GUIDESTAR.ORG. ACHIEVEMENT FIRST WAVERLY LLC 510 WAVERLY AVE BROOKLYN NY 11238 REAL ESTATE DE 0 0 ACHIEVEMENT FIRST INC AF GLENMORE AVENUE LLC 510 WAVERLY AVE BROOKLYN NY 11238 REAL ESTATE DE 2537 2475726 ACHIEVEMENT FIRST INC AF QUEENS ES1 LLC 510 WAVERLY AVE BROOKLYN NY 11238 REAL ESTATE DE 1116975 1095783 ACHIEVEMENT FIRST INC ACHIEVEMENT FIRST BROOKLYN HS4 LLC 510 WAVERLY AVE BROOKLYN NY 11238 REAL ESTATE DE 801967 3173851 ACHIEVEMENT FIRST INC