2025-05-14T07:41:51-05:00 2024-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 11155 RED RUN BLVD STE 410 OWINGS MILLS MD 21117 990 2023-07-01 262190358 THE MONARCH ACADEMY PUBLIC CHARTER SCHOOL INC MONA 4104443800 6802 MCCLEAN BLVD BALTIMORE MD 21234 ANDREW SIMONE CHIEF FINANCIAL OFFICER 4104443800 2025-05-13 1 0 DOUGLAS RUSSENBERGER P01338068 4104159700 2025-05-13 2023 2025-03-06 01:10:19Z ANDREW SIMONE 6802 MCCLEAN BLVD BALTIMORE MD 21234 33596040 0 X WWW.MONARCHCHARTER.ORG X 2008 MD MONARCH ACADEMY PUBLIC CHARTER SCHOOLS ARE TUITION-FREE PUBLIC CHARTER SCHOOLS THAT AIM TO EDUCATE MARYLAND STUDENTS TO BE SELF-MOTIVATED, CREATIVE, CRITICAL THINKERS AND LIFE-LONG LEARNERS WHO ARE PRODUCTIVE CONTRIBUTORS TO THE GLOBAL COMMUNITY IN THE 21ST CENTURY. AT MONARCH ACADEMY, CHILDREN ARE ENCOURAGED TO THINK CRITICALLY; QUESTION; REFLECT; AND PARTICIPATE IN A RIGOROUS, HIGHLY INTERACTIVE INSTRUCTIONAL PROGRAM THAT INTEGRATES ARTS AND TECHNOLOGY ACROSS THE CURRICULUM. 10 10 0 0 0 0 0 0 33153287 33596040 0 0 0 0 33153287 33596040 0 0 0 0 0 0 0 0 0 36921311 35954839 36921311 35954839 -3768024 -2358799 44515455 41566171 40587749 39997264 3927706 1568907 THE MISSION OF THE MONARCH ACADEMY PUBLIC CHARTER SCHOOLS IS TO PREPARE STUDENTS FOR CITIZENSHIP BY DEVELOPING CRITICAL THINKING SKILLS, CREATIVE PROBLEM-SOLVING, SELF-DISCIPLINE, AND A COMMITMENT TO SERVICE IN ORDER TO THRIVE IN THE COMMUNITY IN WHICH THEY LIVE. 0 0 32750109 33596040 THE ACADEMY WAS INCORPORATED TO OPERATE PUBLIC CHARTER AND PUBLIC CONTRACT SCHOOLS IN ANNE ARUNDEL COUNTY FOR STUDENTS IN KINDERGARTEN THROUGH EIGTH GRADE. 32750109 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 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 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X X ANDREW SIMONE 4104443800 6802 MCCLEAN BLVD BALTIMORE MD 21234 KANDACE HOPPIN CHAIRPERSON 2.00 4.00 X X 0 0 0 ANN WILMOTH DIRECTOR 2.00 X 0 0 0 RASHIDA KIMBRUE MAJOR DIRECTOR 2.00 X 0 0 0 ROTUNDA FLOYD-COOPER DIRECTOR 2.00 X 0 0 0 SISSY JIMENEZ DIRECTOR 2.00 X 0 0 0 BRITTANY JONES DIRECTOR 2.00 X 0 0 0 RAY SZYPERSKI DIRECTOR 2.00 X 0 0 0 CARLY CZYZEWSKI DIRECTOR 2.00 X 0 0 0 KEVIN MARTIN DIRECTOR 2.00 X 0 0 0 JANINE FRATANTUONO DIRECTOR 2.00 X 0 0 0 JENNY LIVELLI CHIEF EXECUTIVE OFFICER 5.00 50.00 X 0 295924 24305 CHRIS ZIMMERMAN CHIEF FINANCIAL OFFICER 5.00 50.00 X 0 115508 5844 0 411432 30149 0 0 1 0 THE CHILDREN'S GUILD INC 6802 MCCLEAN BLVD BALTIMORE MD 21234 MANAGEMENT SERVICES 3224008 1 PER PUPIL REVENUE 611110 33596040 33596040 33596040 33596040 33596040 0 0 3180094 3180094 24636 24636 667218 667218 17550 17550 469450 469450 156175 156175 5261715 5261715 10976 10976 109735 109735 1112562 1112562 335551 335551 SHARED EMPLOYEE COSTS 21173222 21173222 TRANSPORTATION COSTS 3392052 3392052 EDUCATION 43903 43903 35954839 32750109 3204730 0 404572 375500 481185 511420 22140 0 15943997 8617709 8264132 7326288 35343426 33352963 44515455 41566171 591305 628479 273211 39723233 39368785 40587749 39997264 X 3927706 1568907 3927706 1568907 44515455 41566171 -2358799 0 X 0 1 X 1 0 X 13310837 6324843 6985994 2633160 2292866 340294 7326288 DEPOSITS 50000 RIGHT OF USE ASSETS 33146994 DUE FROM RELATED ORGANIZATIONS 155969 33352963 DUE TO RELATED ORGANIZATION 3058487 OPERATING LEASE LIABILITY 36310298 39368785 X 33596040 0 33596040 0 33596040 35954839 0 35954839 0 35954839 PART X, LINE 2: MANAGEMENT HAS EVALUATED MAPCS'S ACTIVITIES AND TAX POSITIONS AND HAS CONCLUDED THAT MAPCS HAS TAKEN NO UNCERTAIN TAX POSITIONS. ACCORDINGLY, MAPCS HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AS OF JUNE 30, 2024 AND 2023. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL MATERIALS FOR SOLICITING STUDENT REGISTRATION INCLUDE THE STATEMENT THAT MONARCH ACADEMY (OR "CHARTER/CONTRACT SCHOOLS," DEPENDING ON THE PUBLICATION) IS (ARE) OPEN TO ALL STUDENTS IN ANNE ARUNDEL COUNTY, REGARDLESS OF TESTING OR SCREENING. THOSE MATERIALS INCLUDE A GENERAL BROCHURE, A MONARCH FACTSHEET THAT IS PART OF A REGISTRATION PACKET, A NEWSLETTER, A PARENT FLIER AND A SOLICITATION POSTCARD THAT WAS MAILED TO HOUSEHOLDS OF POTENTIAL STUDENTS. THE MONARCH ACADEMY WEBSITE ALSO INCLUDES A GENERAL FREQUENTLY-ASKED QUESTION THAT DESCRIBES A CHARTER SCHOOL AS BEING OPEN TO ALL STUDENTS REGARDLESS OF TESTING OR SCREENING, AND THE ADMISSIONS SECTION STATES "THE SCHOOL IS PUBLICLY-FUNDED AND OPEN TO ALL STUDENTS. TESTING AND SCREENING IS NOT REQUIRED FOR ADMISSION." SCHEDULE E, PART I, LINE 4 THE ORGANIZATION DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL ASSITANCE - IT IS A PUBLIC CHARTER SCHOOL. 0 1 0 0 0 0 0 0 0 JENNY LIVELLI CHIEF EXECUTIVE OFFICER 0 258992 0 30600 0 6332 0 9258 0 15047 0 320229 0 0 PART I, LINE 3 THE PRESIDENT OF MONARCH ACADEMY PUBLIC CHARTER SCHOOL IS COMPENSATED BY A RELATED ORGANIZATION, THE CHILDREN'S GUILD, INC. PART I, LINE 4B JENNY LIVELLI - $19,500 CONTRIBUTED BY THE CHILDREN'S GUILD, INC. (THE GUILD) DURING THE TAX FILING YEAR. THE FUNDING OF THE 457(F) PLAN IS PERFORMANCE BASED AND APPROVED BY THE BOARD OF DIRECTORS. THE MEASUREMENT FOR FUNDING THE CONTRIBUTION IS BASED ON THE SUCCESSFUL COMPLETION OF ANNUAL GOALS WHICH ARE ALSO SET BY THE BOARD OF DIRECTORS. THE MAXIMUM AMOUNT OF ANY CONTRIBUTION IS $23,000 FOR ANY PARTICULAR YEAR. ELIGIBILITY FOR THE PLAN IS ANY EMPLOYEE OF THE GUILD WHO IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE GUILD TO BE A MEMBER OF A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES (WITHIN THE MEANING OF SECTION 201(2) OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)) WHO IS DESIGNATED BY THE EXECUTIVE COMMITTEE AS A PLAN PARTICIPANT AS OF THE DATE SPECIFIED BY THE EXECUTIVE COMMITTEE. PLAN PARTICIPANTS ARE SUBJECT TO A 5-YEAR VESTING IN EACH ANNUAL ALLOCATION TO HIS OR HER DEFERRAL ACCOUNT BASED ON 20% EACH YEAR. THE DEFERRAL ACCOUNT SHALL BE ESTABLISHED AND MAINTAINED BY THE GUILD BUT PARTICIPANTS HAVE THE RIGHT TO DIRECT THE GUILD AS TO HOW AMOUNTS IN THE PARTICIPANT'S DEFERRAL ACCOUNT SHALL BE INVESTED. FORM 990, PART VI, SECTION A, LINE 3 JENNY LIVELLI AND CHRIS ZIMMERMAN ARE EMPLOYEES OF THE THE CHILDREN'S GUILD, INC., A RELATED ORGANIZATION WHICH PROVIDES SERVICES TO THE ACADEMY VIA A MANAGEMENT AGREEMENT. JENNY LIVELLI AND CHRIS ZIMMERMAN SERVICES TO THE ACADEMY INCLUDE ESTABLISHING THE ACADEMY'S PROGRAMS, OBTAINING FINANCING AND PERFORMING MANAGEMENT AND GENERAL SUPERVISION OF EXEMPT ACTIVITIES ON THE ACADEMY'S BEHALF. JENNY LIVELLI AND CHRIS ZIMMERMAN HAVE REPORTABLE COMPENSATION PAID BY THE CHILDREN'S GUILD INC. THE MANAGEMENT COMPANY, WHICH IS A RELATED ORGANIZATION OF THE ACADEMY OF $320,229 AND $121,352 RESPECTIVELY FOR THEIR SERVICES RENDERED TO THE ACADEMY AND OTHER RELATED ORGANIZATIONS. NEITHER JENNY LIVELLI OR CHRIS ZIMMERMAN RECIEVE ANY DIRECT COMPENSATION FOR THEIR ROLES PERFORMED FOR THE ACADEMY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM FROM INFORMATION PROVIDED BY OUR INDEPENDENT AUDITORS AND BY FINANCE STAFF OF THE ACADEMY. THE 990 IS REVIEWED BY THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRES BOARD MEMBERS TO SUBMIT AND SIGN AN ANNUAL CONFLICT DISCLOSURE STATEMENT. THE BOARD REVIEWS AND APPROVES ALL TRANSACTIONS WITH BOARD MEMBERS TO ENSURE THE TRANSACTION IS REASONABLE, THAT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST IS NOT POSSIBLE, AND THE TRANSACTION IS APPROPRIATE BASED ON THE BUSINESS AND FINANCIAL OBJECTIVE INVOLVED ANY INVOLVED PARTY CANNOT VOTE OR PARTICIPATE IN THE REVIEW OR APPROVAL. STAFF ARE REQUIRED IN THE PERSONNEL HANDBOOK DISTRIBUTED TO EVERY STAFF MEMBER TO COMPLY WITH THE CONFLICT OF INTEREST AND ETHICAL PRACTICES POLICIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION AT OUR ADMINISTRATIVE OFFICES AT 6802 MCCLEAN BOULEVARD IN BALTIMORE, MD. THE CHILDREN'S GUILD INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 520634411 MD 501(C)(3) LINE 7 THE CHILDREN'S GUILD INSTITUTE INC 0 THE CHILDREN'S GUILD INSTITUTE INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 263933104 MD 501(C)(3) LINE 11 N/A 0 THE NATIONAL CHILDREN'S GUILD FUND INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 262723392 MD 501(C)(3) LINE 7 THE CHILDREN'S GUILD INSTITUTE INC 0 THE MONARCH ACADEMY BALTIMORE CAMPUS INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 452605141 MD 501(C)(3) LINE 2 THE CHILDREN'S GUILD INSTITUTE INC 0 TRANZED APPRENTICESHIP VENTURES INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 384013745 MD 501(C)(3) LINE 10 THE NATIONAL CHILDREN'S GUILD FUND INC 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 1 0 0 0 0