2021-04-22T19:04:51-05:00 2020-06-30 271728945 PKF O'CONNOR DAVIES LLP 3001 SUMMER STREET 5TH FLOOR EAST STAMFORD CT 06905 990 2019-07-01 770641722 STAMFORD ACADEMY INC STAM 2033244277 83 LOCKWOOD AVENUE STAMFORD CT 069024201 MICHAEL SCHLESSINGER TREASURER 2033244277 2021-04-22 1 GARRETT M HIGGINS P00543209 2033232400 2021-04-21 2019 2022-09-23 18:48:47Z ANDREA WELLER 83 LOCKWOOD AVENUE STAMFORD CT 069024201 2903737 0 X WWW.STAMFORDACADEMY.ORG X 2004 CT STAMFORD ACADEMY IS A CHARTER SCHOOL THAT OPERATES AS A PUBLIC HIGH SCHOOL IN STAMFORD, CT. 10 9 48 35 0 0 2873626 2900306 0 0 0 0 1882 3431 2875508 2903737 0 0 0 0 2296658 2364021 0 0 0 712483 570937 3009141 2934958 -133633 -31221 337427 477709 224130 395633 113297 82076 X STAMFORD ACADEMY IS A CHARTER SCHOOL THAT OPERATES AS A PUBLIC HIGH SCHOOL IN THE CITY OF STAMFORD. ITS MISSION IS TO CREATE A POSITIVE LEARNING ENVIRONMENT FOR STUDENTS WHO HAVE BEEN UNSUCCESSFUL IN THE TRADITIONAL PUBLIC SCHOOL SETTING. THE ACADEMY PURSUES THIS MISSION BY LOWERING CLASS SIZE, LENGTHENING THE SCHOOL DAY, PROVIDING MORE STRUCTURE, AND DEVELOPING STRONG RELATIONSHIPS WITH EACH STUDENT AND FAMILY. 0 1 2705711 STAMFORD ACADEMY IS A CHARTER HIGH SCHOOL SERVING GRADES 9-12. STAMFORD ACADEMY'S MISSION IS TO PROVIDE A LOVING COMMUNITY THAT MOTIVATES RESILIENT, DISENGAGED STUDENTS TO UNLOCK THEIR POTENTIAL AND TALENTS, AND EMPOWERS THEM TO SUCCEED IN SCHOOL AND IN LIFE. THROUGH A HOLISTIC APPROACH, OUR GOALS ARE TO INCREASE STUDENT ACHIEVEMENT, DECREASE CHRONIC ABSENTEEISM, AND DECREASE THE NUMBER OF IN- AND OUT-OF-SCHOOL SUSPENSIONS. THE PROGRAM SERVED 163 YOUTH FOR FISCAL YEAR 2020. THE SCHOOL CEASED OPERATIONS AT THE END OF THE 2019-2020 SCHOOL YEAR. 2705711 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 6 0 48 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X DOMUS KIDS INC ATTN EDWIN NAVAL 2033244277 83 LOCKWOOD AVENUE STAMFORD CT 06902 ANDREA WELLER SCHOOL DIRECTOR 40.00 X 112374 0 17400 MEREDITH KENNEDY SECRETARY/SCHOOL TEACHER 40.00 X X 64114 0 34265 RICK D'AVINO CHAIR 1.00 X X 0 0 0 MICHAEL SCHLESSINGER TREASURER 1.00 X X 0 0 0 MARTY BRENNAN DIRECTOR 1.00 X 0 0 0 MARC BENNETT DIRECTOR 1.00 X 0 0 0 BETH GOSK DIRECTOR 1.00 X 0 0 0 COLLEEN CARY KATZ DIRECTOR 1.00 X 0 0 0 NOAH LAPINE DIRECTOR THRU JUNE 26,2020 1.00 X 0 0 0 MICHAEL SCHLESSINGER DIRECTOR 1.00 X 0 0 0 HEATHER TARRANT DIRECTOR 1.00 X 0 0 0 CHRISTOPHER KOLOVOS DIRECTOR 1.00 X 0 0 0 176488 0 51665 1 0 0 0 DOMUS KIDS INC 83 LOCKWOOD AVENUE STAMFORD CT 06902 ADMINISTRATIVE & PROGRAM SERVICES 126363 1 2186031 714275 2900306 OTHER INCOME 900099 3431 3431 3431 2903737 0 0 3431 228235 218628 9607 1685457 1614512 70945 34947 33476 1471 297644 285116 12528 117738 112782 4956 24848 16503 8345 145708 105584 40124 850 429 421 35434 17865 17569 33838 29256 4582 48674 48674 32132 32132 247 247 7519 7519 58699 58699 STUDENT SUPPORT SERVICE 165999 165999 OTHER PROGRAM EXPENSES 16792 16792 MISC EXPENSES 197 197 2934958 2705711 229247 0 167186 361142 22598 114086 135 0 2481 0 10000 2481 137508 0 337427 477709 224130 308962 0 86671 224130 395633 X 113297 82076 113297 82076 337427 477709 -31221 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2481 2481 2481 DUE TO AFFILIATES 86671 86671 X 3404105 500368 500368 2903737 0 2903737 3435326 500368 500368 2934958 0 2934958 PART X, LINE 2: STAMFORD ACADEMY IS GENERALLY EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. STAMFORD ACADEMY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT STAMFORD ACADEMY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. STAMFORD ACADEMY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JULY 1, 2017. 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 STAMFORD ACADEMY PREVIOUSLY PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA, AND ITS BROCHURES, CATALOGUES AND OTHER WRITTEN COMMUNICATIONS. THE ACADEMY ALSO POSTS ITS RACIALLY NONDISCRIMINATORY POLICY ON THEIR WEBSITE. THE SCHOOL CEASED OPERATIONS AT THE END OF THE SCHOOL YEAR 2019-2020. SCHEDULE E, PART I, LINE 6 STAMFORD ACADEMY RECEIVES GRANTS THROUGHOUT THE YEAR FROM VARIOUS LOCAL, STATE, AND FEDERAL GOVERNMENTAL AGENCIES. FORM 990, PART III, LINE 3 ON JANUARY 28, 2020, THE BOARD OF DIRECTORS OF STAMFORD ACADEMY RATIFIED A RESOLUTION THAT THE SCHOOL WILL SURRENDER ITS CHARTER TO THE CONNECTICUT STATE BOARD OF EDUCATION AND CEASE OPERATIONS AT THE END OF THE 2019-2020 SCHOOL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION REQUIRED TO PREPARE THE FORM 990 IS COMPILED BY THE CHIEF FINANCIAL OFFICER OF DOMUS KIDS, A RELATED ORGANIZATION, WITH ASSISTANCE FROM OTHER STAFF. THE INFORMATION IS SENT TO STAMFORD ACADEMY'S INDEPENDENT AUDIT & TAX FIRM WHO COMPLETES AND REVIEWS THE RETURN. THE COMPLETED RETURN IS REVIEWED BY DOMUS CFO AND THE STAMFORD ACADEMY FINANCE & AUDIT COMMITTEE. AFTER INCORPORATING ANY RECOMMENDATIONS OR MODIFICATIONS, THE 990 IS FINALIZED AND SENT ELECTRONICALLY TO THE STAMFORD ACADEMY BOARD OF DIRECTORS FOR CONSIDERATION PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH FISCAL YEAR BOARD MEMBERS AND THE SCHOOL DIRECTOR ARE REQUIRED TO SIGN A STATEMENT INDICATING THAT THEY ARE FAMILIAR WITH THE ACADEMY'S POLICY AND THAT THEY EITHER HAVE NO CONFLICTS OR REPORT WHATEVER CONFLICTS THEY MAY HAVE. POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED AND DISCUSSED BY THE BOARD OF DIRECTORS. ANY OFFICER OR DIRECTOR DEEMED TO HAVE A CONFLICT OF INTEREST MUST RECUSE HIMSELF/HERSELF FROM DISCUSSIONS AND DECISIONS ON THE TRANSACTION WHICH HE/SHE IS A PART OF. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS OF STAMFORD ACADEMY REVIEWS AND APPROVES THE COMPENSATION OF SCHOOL PERSONNEL, INCLUDING THE SCHOOL DIRECTOR, AS PART OF THE OVERALL REVIEW AND APPROVAL OF THE ANNUAL BUDGET. THE ORGANIZATION USES FORMS 990 OF OTHER SCHOOLS, AND SALARY INFORMATION FROM STAMFORD AND NEIGHBORING DISTRICTS. THIS INCLUDES COMPENSATION OF THE SCHOOL PRINCIPAL. THE SA BOARD NOTIFIES THE DOMUS CFO OF THE APPROVED COMPENSATION AS DOCUMENTED IN THE MINUTES. THE SCHOOL BOARD LAST APPROVED COMPENSATION IN JUNE 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS AND FORM 990 ARE ALSO AVAILABLE ON THE WEBSITE OF DOMUS KIDS, A RELATED ORGANIZATION, AT WWW.DOMUSKIDS.ORG. FORM 990, PART XII, LINE 2C: THE STAMFORD ACADEMY HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR.