STATESMEN COLLEGE PREPARATORY ACADEMY FOR BOYS PCS: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
STATESMEN COLLEGE PREPARATORY ACADEMY FOR BOYS PCS (EIN 82-1901942)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-08
IRS object ID
202541289349304319
Schema version
2023v6.0
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)
Return2025-05-08T16:02:25-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN202153727PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SB & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110200 GRAND CENTRAL AVE SUITE 250AddressLine1Txt
CityOWINGS MILLSCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21117ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN821901942EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STATESMEN COLLEGE PREPARATORY ACADEMYBusinessNameLine1Txt
Business Name Line2FOR BOYSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSTATBusinessNameControlTxt
Phone2025059072PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14600 LIVINGSTON RD SEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20032ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHAWN HARDNETTPersonNm
Person TitleCEO/FOUNDER/HEAD OF SCHOOLPersonTitleTxt
Phone2025059072PhoneNum
Signature2025-05-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTIANA WYNNPreparerPersonNm
PTINP00997288PTIN
Phone4105840600PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerSHAWN HARDNETTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14600 LIVINGSTON RD SEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20032ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,526,140GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.STATESMENBOYS.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2017FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO CREATE A BOY-FRIENDLY, PEDAGOGY-INFORMED ACADEMIC ENVIRONMENT WITHIN WHICH YOUNG MEN ARE EQUIPPED WITH THE ACADEMIC SKILLS, SOCIAL COMPETENCIES, AND PERSONAL DEVELOPMENT NECESSARY TO NAVIGATE LIFE CHALLENGES, ATTEND AND COMPLETE THE COLLEGE OF THEIR CHOICE, AND RETURN TO BECOME THE PREMIER AGENTS OF SOCIAL CHANGE WITHIN AND FOR THE COMMUNITIES THEY SERVE.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee73TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,382,737PYContributionsGrantsAmt
CY Contributions Grants$3,123,524CYContributionsGrantsAmt
PY Program Service Revenue$7,193,875PYProgramServiceRevenueAmt
CY Program Service Revenue$8,278,552CYProgramServiceRevenueAmt
PY Investment Income-$17,685PYInvestmentIncomeAmt
CY Investment Income$97,845CYInvestmentIncomeAmt
PY Other Revenue$6,651PYOtherRevenueAmt
CY Other Revenue$18,543CYOtherRevenueAmt
PY Total Revenue$9,565,578PYTotalRevenueAmt
CY Total Revenue$11,518,464CYTotalRevenueAmt
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$4,098,755PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,356,313CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$413,801CYTotalFundraisingExpenseAmt
PY Other Expenses$4,790,864PYOtherExpensesAmt
CY Other Expenses$5,596,067CYOtherExpensesAmt
PY Total Expenses$8,889,619PYTotalExpensesAmt
CY Total Expenses$10,952,380CYTotalExpensesAmt
PY Revenues Less Expenses$675,959PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$566,084CYRevenuesLessExpensesAmt
Total Assets BOY$5,968,232TotalAssetsBOYAmt
Total Assets EOY$5,602,596TotalAssetsEOYAmt
Total Liabilities BOY$1,374,301TotalLiabilitiesBOYAmt
Total Liabilities EOY$444,230TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,593,931NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,158,366NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO CREATE A BOY-FRIENDLY, PEDAGOGY-INFORMED ACADEMIC ENVIRONMENT WITHIN WHICH YOUNG MEN ARE EQUIPPED WITH THE ACADEMIC SKILLS, SOCIAL COMPETENCIES, AND PERSONAL DEVELOPMENT NECESSARY TO NAVIGATE LIFE CHALLENGES, ATTEND AND COMPLETE THE COLLEGE OF THEIR CHOICE, AND RETURN TO BECOME THE PREMIER AGENTS OF SOCIAL CHANGE WITHIN AND FOR THE COMMUNITIES THEY SERVE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$9,716,348ExpenseAmt
Revenue$8,278,552RevenueAmt
DescSTATESMEN COLLEGE PREPARATORY ACADEMY FOR BOYS PUBLIC CHARTER SCHOOL IS A MIDDLE SCHOOL PROGRAM CURRENTLY SERVING FOURTH, FIFTH, AND SIXTH GRADES AND GROWING A GRADE A YEAR THROUGH EIGHTH GRADE IN THE DISTRICT OF COLUMBIA. OUR DOORS OPENED TO THE FIRST CLASS OF 4TH GRADERS IN THE SUMMER OF 2018 AS THEY PARTICIPATED IN A MANDATORY SUMMER BRIDGE INSTITUTE. OUR PROGRAM OFFERS FREE TUITION, FREE MEALS, FREE UNIFORMS, FREE LOCAL AND REGIONAL FIELD TRIPS FOR ALL ENROLLED STUDENTS.Desc
Total Program Service Expenses$9,716,348TotalProgramServiceExpensesAmt
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 Stmt0IndependentAuditFinclStmtInd
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 Contri0DeductibleNonCashContriInd
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 Document13IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee73EmployeeCnt
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
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 Members15GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
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
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHAWN HARDNETTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2025059072PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14600 LIVINGSTON RD SEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20032ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
NICOLE SOLOMON MITCHELL
BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
SHAWN HARDNETT
FOUNDER & CEO40.00Yes (X)Yes (X)$245,611$0$15,600
RAYMOND A WEEDEN JR
BOARD VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
JUAN PAGAN
TREASURER2.00Yes (X)Yes (X)$0$0$0
GREG VAN HOUTEN
TRUSTEE1.00Yes (X)$0$0$0
ALICIA R ADAMS
TRUSTEE1.00Yes (X)$0$0$0
MARY EDITH BROWN
TRUSTEE1.00Yes (X)$0$0$0
JAMES ANTHONY ALEXANDER CADOGAN
TRUSTEE1.00Yes (X)$0$0$0
SATIRA STREETER CORBITT
TRUSTEE1.00Yes (X)$0$0$0
RAY D MCKENZIE
TRUSTEE1.00Yes (X)$0$0$0
SANDI MCCOY
TRUSTEE1.00Yes (X)$0$0$0
BISI OYEDALE
TRUSTEE1.00Yes (X)$0$0$0
KENNY PEGRAM
TRUSTEE1.00Yes (X)$0$0$0
BERNARD WOOLFEY
TRUSTEE1.00Yes (X)$0$0$0
SAMANTHA BARBEE
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$245,611TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$15,600TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
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
EDUCATIONAL TOURS
2 EDUCATION CIRCLECAMBRIDGEMA02141TRAVEL SERVICES$525,931
WHITSONS CULINARY GROUP
1800 MOTOR PARKWAYISLANDIANY11749FOOD SERVICES$516,618
THE SPEECH THERAPY COMPANY
1200 PENNSYLVANIA AVENUE NW 253WASHINGTONDC20004SPECIAL EDUCATION SEERVICES$154,360
DC PUBLIC CHARTER SCHOOL BOARD
3333 14TH STREET NW SUITE 210WASHINGTONDC20010AUTHORIZER FEES$116,711
SOUND MIND ASSOCIATES LLC
15416 SYMONDSBURY WAYUPPER MARLBOROMD20774COUNSELING SERVICES$102,780
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$2,578,415GovernmentGrantsAmt
All Other Contributions$545,109AllOtherContributionsAmt
Total Contributions$3,123,524TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPER PUPIL ALLOCATIONSDesc
Business611710BusinessCd
Total Revenue Column$8,278,552TotalRevenueColumnAmt
Related Or Exempt Func Income$8,278,552RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$8,278,552TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$105,521TotalRevenueColumnAmt
Exclusion$105,521ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$7,676OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$7,676OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$7,676TotalRevenueColumnAmt
Exclusion-$7,676ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$18,543TotalRevenueColumnAmt
Exclusion$18,543ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$18,543OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,518,464TotalRevenueColumnAmt
Related Or Exempt Func Income$8,278,552RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$116,388ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$253,954TotalAmt
Program Services$210,127ProgramServicesAmt
Management And General$28,923ManagementAndGeneralAmt
Fundraising$14,904FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,227,161TotalAmt
Program Services$3,497,629ProgramServicesAmt
Management And General$481,443ManagementAndGeneralAmt
Fundraising$248,089FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$504,196TotalAmt
Program Services$417,181ProgramServicesAmt
Management And General$57,424ManagementAndGeneralAmt
Fundraising$29,591FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$371,002TotalAmt
Program Services$306,974ProgramServicesAmt
Management And General$42,254ManagementAndGeneralAmt
Fundraising$21,774FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$7,114TotalAmt
Program Services$6,259ProgramServicesAmt
Management And General$597ManagementAndGeneralAmt
Fundraising$258FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$144,859TotalAmt
Program Services$127,456ProgramServicesAmt
Management And General$12,148ManagementAndGeneralAmt
Fundraising$5,255FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$172,288TotalAmt
Program Services$151,589ProgramServicesAmt
Management And General$14,448ManagementAndGeneralAmt
Fundraising$6,251FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$154,058TotalAmt
Program Services$135,548ProgramServicesAmt
Management And General$12,920ManagementAndGeneralAmt
Fundraising$5,590FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,150,203TotalAmt
Program Services$1,012,015ProgramServicesAmt
Management And General$96,454ManagementAndGeneralAmt
Fundraising$41,734FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$370,946TotalAmt
Program Services$326,380ProgramServicesAmt
Management And General$31,107ManagementAndGeneralAmt
Fundraising$13,459FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$192,452TotalAmt
Program Services$169,331ProgramServicesAmt
Management And General$16,138ManagementAndGeneralAmt
Fundraising$6,983FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$21,087TotalAmt
Program Services$18,554ProgramServicesAmt
Management And General$1,768ManagementAndGeneralAmt
Fundraising$765FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DIRECT STUDENT COSTS$2,953,145$2,953,145
OTHER STAFF EXPENSES$244,015$227,314$11,657$5,044
ALL OTHER EXPENSES$150,280$125,505$11,963$12,812
DUES, FEES, AND LOSSES$35,620$31,341$2,987$1,292

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,952,380TotalAmt
Program Services$9,716,348ProgramServicesAmt
Management And General$822,231ManagementAndGeneralAmt
Fundraising$413,801FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,672,608BOYAmt
EOY$2,633,694EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$1,248,168EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$720,245BOYAmt
EOY$888,115EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$104,670BOYAmt
EOY$121,211EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$75,655BOYAmt
EOY$311,838EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$968,351LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$586,781LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$380,271BOYAmt
EOY$381,570EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,014,783BOYAmt
EOY$18,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,968,232BOYAmt
EOY$5,602,596EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$379,792BOYAmt
EOY$444,230EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$994,509BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,374,301BOYAmt
EOY$444,230EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,260,224BOYAmt
EOY$4,835,957EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$333,707BOYAmt
EOY$322,409EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,593,931BOYAmt
EOY$5,158,366EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,968,232BOYAmt
EOY$5,602,596EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$566,084ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,649NetUnrlzdGainsLossesInvstAmt
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$141,119OtherCostOrOtherBasisAmt
Depreciation$141,119DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$336,776OtherCostOrOtherBasisAmt
Depreciation$146,941DepreciationAmt
Book Value$189,835BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$490,456OtherCostOrOtherBasisAmt
Depreciation$298,721DepreciationAmt
Book Value$191,735BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$381,570TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$11,516,815TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,649NetUnrealizedGainsInvstAmt
Revenue Not Reported-$1,649RevenueNotReportedAmt
Revenue Subtotal$11,518,464RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,518,464TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,952,380TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$10,952,380ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$10,952,380TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ACADEMY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), AS WELL AS APPLICABLE DISTRICT OF COLUMBIA TAX LAWS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ACADEMY PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024 AND 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. IT IS THE ACADEMY'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2024, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2021 THROUGH 2024 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ACADEMY FILES TAX RETURNS. IT IS THE ACADEMY'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE.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 Recs0MaintainScholarshipsRecsInd
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 Proc75500ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3STATESMEN ACADEMY FOR BOYS PCS (THE ACADEMY) SEEKS DIVERSITY IN ITS STUDENT/PARENT BODY, FACULTY, BOARD OF TRUSTEES, STAFF AND ADMINSTRATION. WHILE THE ACADEMY IS A SINGLE GENDER ACADEMY, IT IS AN ORGANIZATION DEEPLY COMMITTED TO DIVERSITY, EQUITY AND INCLUSION AND IT IS THEREFORE THE POLICY AND COMMITMENT OF THE ORGANIZATION NOT TO DISCRIMINATE BASED ON RACE, COLOR, ETHNICITY, RELIGION, SEX, GENDER, SEXUAL ORIENTATION, GENDER IDENTITY, DISABILITY, AGE OR ANY OTHER PERSONAL OR PROFESSIONAL STATUS.
SCHEDULE E, PART I, LINE 4THE ACADEMY DOES NOT PROVIDE SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE BECAUSE IT IS A PUBLIC CHARTER SCHOOL.
SCHEDULE E, PART I, LINE 6THE ACADEMY RECEIVED FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION.
SCHEDULE E, PART I, LINE 7AS A PUBLIC CHARTER SCHOOL, THE ACADEMY IS EXEMPT FROM THE REQUIREMENTS OF REVENUE PROCEDURE 75-50.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
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

FieldValueIRS element (for citing)
PersonSHAWN HARDNETTPersonNm
TitleFOUNDER & CEOTitleTxt
Base Compensation Filing Org$230,527BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$15,084BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$8,343DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$7,257NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$261,211TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY THE ACADEMY'S BOARD CHAIR AND TREASURER. IT IS THEN SHARED WITH THE ENTIRE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. THE BOARD CHAIR MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY. THE CEO IS ALSO REQUIRED TO SIGN.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD OF DIRECTORS, THROUGH THE EXECUTIVE COMMITTEE, SETS THE COMPENSATION OF THE CEO. THE COMMITTEE DOES AN ANNUAL 360 REVIEW OF THE CEO AND APPROVES HIS ANNUAL SALARY. THE COMMITTEE REVIEWS THE ANNUAL ED FUEL COMPENSATION REPORT, WHICH BENCHMARKS A SCHOOL AGAINST OTHER SINGLE AND MULTIPLE SITE DC CHARTER SCHOOLS, TO ASSESS REASONABLENESS OF THE COMPENSATION. THE SAME SURVEY IS USED BY THE CEO TO SET SALARIES FOR SENIOR LEADERSHIP OF THE SCHOOL.
FORM 990, PART VI, SECTION C, LINE 19THE ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL DATA AVAIABLE TO THE PUBLIC UPON REQUEST.
PART XII, LINE 2CPROCESS HAS NOT CHANGED SINCE PRIOR YEAR.
PART X, LINE 15A RECLASS OF SECURITY DEPOSITS TO BE CONSISTENT WITH PRIOR YEAR PRESENTATION.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.