2022-05-12T02:54:04-00:00 2021-06-30 GUEYE & ASSOCIATES CPA INC 2246 S HAMILTON RD SUITE 102 COLUMBUS OH 43232 990 2020-07-01 463199735 BIO-MED SCIENCE ACADEMY STEM SCHOOL BIO- 3303256186 4211 STATE ROUTE 44 ROOTSTOWN OH 44272 TAMMY RIZZO TREASURER 2022-05-12 true Tammy Rizzo ALIOUNE GUEYE P01010848 6143420297 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Stephanie Lammlein 4209 State Route 44 Rootstown OH 44272 11390976 false X www.biomedscienceacademy.org X 2013 OH To provide an innovative and progressive learning environment with academic excellence and rigor in science, technology, engineering, mathematics and medicine StemM disciplines. 7 7 0 0 11345811 11219851 162359 135045 32401 1320 61438 34760 11602009 11390976 0 0 0 0 0 6317983 7145789 6317983 7145789 5284026 4245187 24162058 27613554 2407353 1613662 21754705 25999892 The Bio-Med Academy provides an innovative and progressive learning environment that cultivates academic excellence and rigor in science, technology, engineering, mathematics and medicine StemM disciplines while nurturing creativity, inventiveness and community in its school. false false 7145789 11390976 The Bio-Med Academy provides an innovative and progressive learning environment that cultivates academic excellence and rigor in science, technology, engineering, mathematics and medicine StemM disciplines while nurturing creativity, inventiveness and community in its students. The Academy will seek to provide opportunities to high school students from rural communities and will become and integral part of the Northeast Ohio Medical University campus. 7145789 true false false false false false false false false false true false false false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true X 19 0 true 0 false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false OH X Tammy Rizzo 6147534706 2080 Citygate Drive Columbus OH 43219 X Stephanie Lammlein Chief Administrative Officer 040.00 X 0 124735 0 Bradley Goodner Board Member 002.00 X 0 0 0 Carlos Fuentes Board Vice President 002.00 X X 0 0 0 Thea Sears Board Member 002.00 X 0 0 0 Kathryn Chudakoff Secretary/Treasurer 002.00 X X 0 0 0 Annette Kratcoski Board Member 002.00 X 0 0 0 Aaron Kurchev Board Member 002.00 X 0 0 0 Elizabeth Testa Board President 002.00 X X 0 0 0 Tammy Rizzo Treasurer 010.00 X 0 0 0 124735 1 false false false 11219851 11219851 Tuition and Fees 135045 135045 135045 1320 1320 Miscellaneous 900099 34760 34760 34760 11390976 171125 X 0 0 0 0 0 0 0 0 0 0 5662310 5662310 0 0 0 0 224979 224979 0 0 27646 27646 0 661172 661172 4350 4350 0 1281 1281 1408 1408 0 47518 47518 0 Material and Supplies 427054 427054 Tuition 28790 28790 59281 59281 7145789 7145789 0 0 2537291 4857368 1927531 242811 14350 15905 35900 36308 22674327 213165 19646986 22461162 24162058 27613554 31312 80823 32358 23134 2343683 1509705 2407353 1613662 X 19621496 24702691 2133209 1297201 21754705 25999892 24162058 27613554 4245187 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 161671 29506 132165 374510 183659 190851 22138146 22138146 22461162 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Contracts Payable Loans Payable 847361 Intergovernmental Payable 662344 1509705 11390976 11390976 11390976 7145789 7145789 7145789 true true true true false true true false false false false false false false false true false false 6a The School receives educational grants from the Ohio Department of Education. Total Federal, and State grants were 11,219,851 in FY 2021. 7 As a public school in the State of Ohio, Bio-Med Science Acadmy is not subject to Rev. Proc. 75-50. Form 990, Part VI, Section B, Line 12c Board members are required to excuse themselves from any vote where there is a possibility of a conflict of interest. Form 990, Part VI, Section C, Line 18-19 Bio-Med Stem School published all agendas, minutes and policies on the schools website. The annual financial statements are audited by the Ohio Auditor of State and are available online at the Auditors website. Form 990, Part VI, Section B, Line 11b The 990 is prepared through a contracted third party. Once the third party completes the 990 it is reviewed by the Treasurer of Bio-Med Science Academy Stem School. The treasurer then provides the governing Board a copy to review. Form 990, Part VI, Section B, Line 12c The policy is reviewed annually by the Board, Executive Director and legal counsel who we contract with to update our policies. All school policies are available for the public to view upon request. The annual financial statements are audited by the Ohio Auditor of State and are available on-line at the Auditors website. Form 990, Part V, Line 2a All workers of the Bio-Med Science Academy Stem School are employed by the Educational Service Center Council of Governments Council, EIN 26-3213462.All salaries and related benefits are paid and reported by the Council on the appropriate federal tax forms. The Council is a legally separate body politic and corporate served by an appointed five-member Board of Directors and meets the definition of regional council of governments under chapter 167 of the Ohio Revised Code. The Council primarily provides employment services to state and local governments as well as non-profit entities in Central Ohio. Form 990, Part VI, Section B, Line 15a-b The Executive Directors compensation package is reviewed and evaluated by the Board annually. The Board will go into executive session to discuss compensation and goals. Form 990, Part VII, Section E, Line 12 All employees including the Executive Director are employed by the Educational Service Center Council of Governments EIN 26-3213462. All salaries and related benefits are paid and reported by the Council on the appropriate federal tax forms. Form 990, Part IX, Line 11a The School paid a total of 5,568,310 to the Educational Center Council of Government ESCOG. These services include payroll, month-end accounting, accounts payable, accounts receivable, fiscal support, tax reporting, and general office support, EMIS and record keeeping. The tof 5,568,310 is composed as follows 1 5,143,808 salaries and benefit related expenses, 2 424,502 as other services. Form 990, Part XII, Line 2c The school was established under Section 3326 of the Ohio Revised Code and is subject to audits by the Ohio Auditor of State. The School received an unmodified clean opinion for its fiscal year 2021 audit.