2021-05-06T14:22:47-05:00 2020-06-30 570381582 ELLIOTT DAVIS LLCPLLC 100 CALHOUN STREET SUITE 300 CHARLESTON SC 29401 990 2019-07-01 204587841 MEETING STREET SCHOOLS MEET 8432661717 200 MEETING STREET NO 206 CHARLESTON SC 29401 SUSAN SHULER TREASURER 8432661717 2021-05-04 1 BRANDON T RENAUD P00743576 8435777040 2021-05-04 2019 2022-09-23 18:48:47Z BENJAMIN NAVARRO 93 BROAD STREET CHARLESTON SC 29401 30408400 0 X WWW.MEETINGSTREETSCHOOLS.ORG X 2006 SC MEETING STREET SCHOOLS (MSS) IS A GROUNDBREAKING INITIATIVE DEDICATED TO THE CREATION OF A NEW MANDATE FOR EDUCATION IN SOUTH CAROLINA AND BEYOND. MSS WAS FOUNDED UPON THE BELIEF THAT ALL CHILDREN DESERVE AN EXCELLENT EDUCATION REGARDLESS OF THEIR GEOGRAPHIC OR SOCIOECONOMIC CIRCUMSTANCES, AND ALL CHILDREN HAVE THE ABILITY TO EXCEL IN THE CLASSROOM. WHERE ACCESS TO QUALITY PUBLIC EDUCATION OR AFFORDABLE PRIVATE ALTERNATIVES IS SEVERELY LIMITED, MSS IS PROVIDING CHILDREN WITH TRANSFORMATIONAL EDUCATIONAL OPPORTUNITIES. 7 6 427 180 0 0 27763565 29974682 136118 169200 115350 85218 112304 174879 28127337 30403979 0 0 0 0 17069145 20737270 0 0 0 7808440 8339721 24877585 29076991 3249752 1326988 30865490 32755154 1808612 2378943 29056878 30376211 X MEETING STREET SCHOOLS (MSS) IS A GROUNDBREAKING INITIATIVE DEDICATED TO THE CREATION OF A NEW MANDATE FOR EDUCATION IN SOUTH CAROLINA AND BEYOND. MSS WAS FOUNDED UPON THE BELIEF THAT ALL CHILDREN DESERVE AN EXCELLENT EDUCATION REGARDLESS OF THEIR GEOGRAPHIC OR SOCIOECONOMIC CIRCUMSTANCES, AND ALL CHILDREN HAVE THE ABILITY TO EXCEL IN THE CLASSROOM. WHERE ACCESS TO QUALITY PUBLIC EDUCATION OR AFFORDABLE PRIVATE ALTERNATIVES IS SEVERELY LIMITED, MSS IS PROVIDING CHILDREN WITH TRANSFORMATIONAL EDUCATIONAL OPPORTUNITIES. 0 0 27839467 344079 MEETING STREET SCHOOLS (MSS), OPERATING AS MEETING STREET ACADEMY (MSA-CHARLESTON), OPENED ITS DOORS IN CHARLESTON, SC IN AUGUST 2008 FOR APPROXIMATELY 45 PRESCHOOL CHILDREN, AGED THREE AND FOUR. SINCE THEN, WE HAVE ADDED GRADES THROUGH 5TH GRADE AND WE HAVE IMPLEMENTED A YEAR-ROUND SCHOOL YEAR THAT RUNS FROM JULY TO JUNE EACH YEAR. MSA-CHARLESTON'S TOTAL NUMBER OF STUDENTS WAS APPROXIMATELY 265 IN THE 2018-2019 SCHOOL YEAR. IN THE 2019-2020 SCHOOL YEAR, MSA-CHARLESTON SERVED APPROXIMATELY 261 STUDENTS.IN JULY 2012, MSA-SPARTANBURG OPENED ITS DOORS TO 37 PRESCHOOLERS AGED THREE AND FOUR. IN APRIL 2016, MSS AND SPARTANBURG DISTRICT 7 MOVED FORWARD WITH PLANS TO BEGIN THE 2016-2017 YEAR AT MSA-SPARTANBURG AS A PUBLIC-PRIVATE PARTNERSHIP. DURING THE 2018-2019 SCHOOL YEAR, HAD AN ENROLLMENT OF APPROXIMATELY 245 STUDENTS. IN MARCH 2019, THE SPARTANBURG PARTNERSHIP WAS AMENDED TO ALLOW SPATANBURG TO ADD 6TH GRADE FOR THE 2019-2020 SCHOOL YEAR, HOWEVER, SPARTANBURG WILL REMOVE 6TH IN THE FOLLOWING SCHOOL YEAR. DURING THE 2019-2020 SCHOOL YEAR, MSA-SPARTANBURG SERVED APPROXIMATELY 278 STUDENTS.IN FEBRUARY 2014, MSS AGREED TO PARTNER WITH THE CHARLESTON COUNTY SCHOOL DISTRICT ("CCSD") UNDER THE SC SCHOOLS OF CHOICE LAW TO OPEN MEETING STREET ELEMENTARY AT BRENTWOOD (MSEB), A PUBLIC-PRIVATE PARTNERSHIP SCHOOL OPEN TO ALL FAMILIES LIVING IN THE NEWLY FORMED ATTENDANCE ZONE IN NORTH CHARLESTON, SC. MSEB OPENED ITS DOORS IN AUGUST OF 2014 TO APPROXIMATELY 120 PREK3, PREK4, KINDERGARTEN, AND FIRST GRADE STUDENTS AND ADDED ON A SUCCESSIVE GRADE EACH YEAR THROUGH SEVENTH GRADE IN 2020. DURING THE 2018-2019 SCHOOL YEAR, MSEB HAD TOTAL SCHOOL ENROLLMENT OF APPROXIMATELY 595 STUDENTS AND APPROXIMATELY 580 STUDENTS DURING THE 2019-2020 SCHOOL YEAR. IN MARCH 2020, CCSD AMENDED THE PARTNERSHIP TO ALLOW THE SCHOOL TO GROW TO 8TH GRADE BY ADDING ONE GRADE UNTIL 2021-2022.ON MARCH 21, 2016, IN CONJUNCTION WITH THE AMENDED CHARLESTON PARTNERSHIP, MEETING STREET SCHOOLS ENTERED INTO AN AGREEMENT TO TAKE OVER THE MANAGEMENT OF ANOTHER SCHOOL IN CCSD, EDMUND A. BURNS ELEMENTARY SCHOOL ("BURNS"). BURNS WAS UNDERGOING RENOVATIONS THROUGH THE 2018-2019 SCHOOL YEAR. DURING THE 2018-2019 SCHOOL YEAR, MEETING STREET ELEMENTARY AT BURNS (MSBN) OPENED ITS DOORS TO 175 PK4-SECOND GRADE STUDENTS. MSBN WAS HOUSED ON THE BRENTWOOD CAMPUS OPERATING AS ITS OWN SCHOOL. DURING THE 2019-2020 SCHOOL YEAR, MSBN BEGAN TO OPERATE ON ITS OWN CAMPUS AFTER COMPLETING RENOVATIONS SERVING APPROXIMATELY 270 STUDENTS FROM PK3-THIRD GRADE. IN MARCH 2020, MSBN WAS ALSO PART OF THE CCSD AMENDMENT WITH BRENTWOOD TO ALLOW THE SCHOOL TO GROW TO 8TH GRADE. 27839467 1 1 0 1 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 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 37 0 1 427 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 SC X SUSAN SHULER 8432661717 200 MEETING STREET SUITE 206 CHARLESTON SC 29401 SARAH CAMPBELL PRINCIPAL 40.00 X 181584 0 17037 AMY MIMS EXECUTIVE DIRECTOR 40.00 X X 179929 0 13854 RAINE HACKLER PRINCIPAL 40.00 X 147329 0 10616 CHAD WEIDEN PRINCIPAL 40.00 X 137255 0 20263 DIRK BEDFORD PRINCIPAL 40.00 X 134948 0 15668 KATIE ROBINSON CHIEF ACADEMIC OFFICER 40.00 X 119109 0 15858 BENJAMIN NAVARRO CHAIR/PRESIDENT 1.00 X X 0 0 0 SUSAN SHULER TREASURER 1.00 X X 0 0 0 CHRISTOPHER ALLEN SECRETARY 1.00 X X 0 0 0 KELLY NAVARRO BOARD MEMBER 1.00 X 0 0 0 LINDSAY LEONARD BOARD MEMBER 1.00 X 0 0 0 FORD PERRY BOARD MEMBER 1.00 X 0 0 0 900154 0 93296 6 0 1 0 CHOATE CONSTRUCTION COMPANY 8200 ROBERTS DRIVE SUITE 600 ATLANTA GA 30350 CONSTRUCTION 4565948 RESCOM CONSTRUCTION PO BOX 26794 GREENVILLE SC 29616 CONSTRUCTION 1598472 STUDENT TRANSPORTATION OF AMERICA INC PO BOX 412179 BOSTON MA 00241 STUDENT TRANSPORTATION 449343 BROADWALK DEVELOPMENT LLC 201 EAST BROAD STREET SPARTANBURG SC 29302 PROPERTY MANAGEMENT SERVICES 429561 CRAZY DUTCHMAN CATERING 1823 REYNOLDS AVENUE NORTH CHARLESTON SC 29405 CATERING SERVICES 373631 16 14458342 15516340 29974682 TUITION AND FEES 611110 169200 169200 169200 89639 89639 4421 -4421 -4421 -4421 OTHER INCOME 611110 174879 174879 174879 30403979 344079 0 85218 365000 365000 16349755 15605313 744442 403386 385420 17966 2301980 2199454 102526 1317149 1258486 58663 53900 53900 641107 641107 1082162 1074175 7987 248537 248537 ACADEMIC SUPPORT 2131301 2131164 137 OTHER PERSONNEL COSTS 1821965 1821965 REPAIRS AND MAINTENANCE 1110073 1110073 FOOD SERVICES 863230 863230 387446 384080 3366 29076991 27839467 1237524 0 2223028 2991693 9702938 4160587 424679 266231 31261891 6072625 18393530 25189266 19188 102127 147377 30865490 32755154 1226094 2197138 0 130228 582518 51577 1808612 2378943 X 29056878 30376211 29056878 30376211 30865490 32755154 1326988 -7655 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29076991 29076991 1000000 250000 0 0 962767 1000000 1000000 1000000 3962767 5944151 240692 250000 250000 250000 990692 1486038 20190105 3937850 16252255 118899 35966 82933 3079778 2098809 980969 7873109 7873109 25189266 DUE TO CHARLESTON COUNTY SCHOOL DISTRICT 51577 51577 X 30400745 -7655 -7655 30408400 -4421 -4421 30403979 29081412 0 29081412 -4421 -4421 29076991 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2020 AND 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION RECOGNIZES INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR TAX YEARS BEFORE 2017. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFIED TO REVENUE -4,421. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFIED TO REVENUE -4,421. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MSA CHARLESTON COMPLIES WITH SECTION 4.02 OF REV. PROC. 75-50 BY INCLUDING A NONDISCRIMINATORY STATEMENT IN ALL OF ITS BROCHURES AND CATALOGS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. MEETING STREET SCHOOLS OPERATED THREE PUBLIC SCHOOLS (MSE AT BRENTWOOD, MSE BURNS AND MSA SPARTANBURG) AND ONE PRIVATE SCHOOL (MSA CHARLESTON.) THE PUBLIC SCHOOLS ARE FREE AND OPEN TO ALL FAMILIES LIVING IN THEIR RESPECTIVE ATTENDANCE ZONE. PURSUANT TO REV. PROC. 75-50, SECTION 4.03(2)(C) MEETING STREET ACADEMY CHARLESTON FOLLOWS THE NONDISCRIMINATORY POLICY BY CURRENTLY ENROLLING STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS, AS FOLLOWS FOR 2019-2020: AFRICAN AMERICAN-92.4%, MIXED RACE-4.2%, HISPANIC-1.7%, WHITE-1.7%. SCHEDULE E, PART I, LINE 6 BRENTWOOD AND MSBN RECEIVE FUNDING FROM THE STATE DEPARTMENT OF EDUCATION THAT IS PASSED THROUGH CCSD. SCHOOL REVENUES ARE ALLOCATED BASED ON A PER PUPIL ALLOCATION CONSISTENT WITH OTHER PUBLIC SCHOOLS IN THE AREA WITH SIMILAR DEMOGRAPHICS. FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, THE ORGANIZATION RECOGNIZED $12,580,676 AND $9,420,345 IN REVENUES PASSED THROUGH CCSD, RESPECTIVELY. SPARTANBURG RECEIVES FUNDING FROM THE STATE DEPARTMENT OF EDUCATION THAT IS PASSED THROUGH THE SPARTANBURG COUNTY SCHOOL DISTRICT 7. SCHOOL REVENUES ARE ALLOCATED BASED ON A PER PUPIL ALLOCATION CONSISTENT WITH OTHER PUBLIC SCHOOLS IN THE AREA WITH SIMILAR DEMOGRAPHICS. FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, THE ORGANIZATION RECOGNIZED $1,877,666 AND $1,174,880 IN REVENUES PASSED THROUGH THE SPARTANBURG COUNTY SCHOOL DISTRICT 7, RESPECTIVELY. X X 0 0 0 0 0 0 0 0 0 SARAH CAMPBELL PRINCIPAL 181584 0 0 0 0 0 5550 0 11487 0 198621 0 0 0 AMY MIMS EXECUTIVE DIRECTOR 179929 0 0 0 0 0 5400 0 8454 0 193783 0 0 0 RAINE HACKLER PRINCIPAL 147329 0 0 0 0 0 0 0 10616 0 157945 0 0 0 CHAD WEIDEN PRINCIPAL 137255 0 0 0 0 0 4263 0 16000 0 157518 0 0 0 DIRK BEDFORD PRINCIPAL 134948 0 0 0 0 0 4120 0 11548 0 150616 0 0 0 BROADWALK DEVELOPMENT LLC OWNED BY SUBSTANTIAL CONTRIBUTORS 429561 LEASE 0 FORM 990, PART VI, SECTION A, LINE 1 VOTING RIGHTS AMONG MEMBERS OF THE GOVERNING BODY ARE AS FOLLOWS: BOARD MEMBERS OF MEETING STREET SCHOOLS: 1. BENJAMIN NAVARRO - PRESIDENT 2. SUSAN SHULER - TREASURER 3. CHRISTOPHER ALLEN - SECRETARY 4. KELLY NAVARRO 5. FORD PERRY 6. LINDSAY LEONARD 7. AMY MIMS BOARD MEMBERS OF MSA CHARLESTON LLC: 1. BENJAMIN NAVARRO - PRESIDENT 2. SUSAN SHULER - TREASURER 3. CHRISTOPHER ALLEN - SECRETARY 4. KELLY NAVARRO 5. FORD PERRY 6. LINDSAY LEONARD 7. AMY MIMS BOARD MEMBERS OF MSA SPARTANBURG LLC: 1. MICHAEL C. RUSS - TREASURER 2. SUSANNA JOHNSON - SECRETARY 3. BENJAMIN NAVARRO 4. GEORGE JOHNSON, II 5. AMY MIMS 6. KATHY DUNLEAVY 7. GEORGE D. JOHNSON, JR. 8. SUSU JOHNSON BOARD MEMBERS OF BRENTWOOD: 1. BENJAMIN NAVARRO - PRESIDENT 2. SUSAN SHULER - TREASURER 3. CHRISTOPHER ALLEN - SECRETARY 4. KELLY NAVARRO 5. FORD PERRY 6. LINDSAY LEONARD 7. AMY MIMS BOARD MEMBERS OF MSE BURNS, LLC 1. BENJAMIN NAVARRO - PRESIDENT 2. SUSAN SHULER - TREASURER 3. CHRISTOPHER ALLEN - SECRETARY 4. KELLY NAVARRO 5. FORD PERRY 6. LINDSAY LEONARD 7. AMY MIMS FORM 990, PART VI, SECTION A, LINE 2 BENJAMIN NAVARRO AND KELLY NAVARRO HAVE A FAMILY RELATIONSHIP. BENJAMIN NAVARRO, SUSAN SHULER, AND CHRISTOPHER ALLEN HAVE A DIRECT BUSINESS RELATIONSHIP VIA SHERMAN CAPITAL. BENJAMIN NAVARRO AND FORD PERRY HAVE A DIRECT BUSINESS RELATIONSHIP VIA BEEMOK CAPITAL LLC. FORM 990, PART VI, SECTION B, LINE 11B SUSAN SHULER, THE MEETING STREET SCHOOLS'S TREASURER, REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. THE PERIODIC REVIEWS AT A MINIMUM INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATIONS' WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CHAIR REVIEWS LOCAL SCHOOL DISTRICT COMPENSATION DATA AND USES SUCH DATA TO SET SALARIES FOR THE EXECUTIVE DIRECTOR AND ALL OTHER EMPLOYEES BASED ON COMPARABLE POSITIONS IN THE COMMUNITIES SERVED BY OUR SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND OTHER FINANCIAL DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. MEETING STREET ACADEMY - CHARLESTON LLC 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 611661527 PRIVATE SCHOOL SC 11471715 17075216 MEETING STREET SCHOOLS MEETING STREET ACADEMY - SPARTANBURG LLC 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 383853462 PUBLIC SCHOOL SC 6188213 4891112 MEETING STREET SCHOOLS MEETING STREET ELEMENTARY AT BRENTWOOD 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 611732980 PUBLIC SCHOOL SC 10738375 5028067 MEETING STREET SCHOOLS MSA CHARLESTON REAL ESTATE LLC (INACTIVE) 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 364804310 INACTIVE SC 0 0 MEETING STREET SCHOOLS MEETING STREET ELEMENTARY AT BURNS LLC 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 352619789 PUBLIC SCHOOL SC 5095141 1608030 MEETING STREET SCHOOLS