2021-05-12T13:25:46-05:00 2020-06-30 621657946 CANNON WRIGHT BLOUNT PLLC 756 RIDGE LAKE BLVD SUITE 100 MEMPHIS TN 38120 990 2019-07-01 262794676 GESTALT COMMUNITY SCHOOLS GEST 9012135161 2650 THOUSAND OAKS BLVD NO 2370 MEMPHIS TN 38118 YETTA LEWIS CHIEF EXECUTIVE OFFICER 9013336874 2021-05-12 1 STEPHANIE L LIVINGSTON CPA P00235829 9016857500 2021-05-12 2019 2022-09-23 18:48:47Z YETTA LEWIS 2650 THOUSAND OAKS BLVD NO 2370 MEMPHIS TN 38118 29232673 0 X WWW.GESTALTCS.ORG X 2008 TN TO EMPOWER SCHOLARS TO BE COLLEGE-READY, CAREER-READY, AND COMMUNITY-READY. 7 7 361 18 0 0 3651012 5969894 18908539 22079488 213241 130643 207697 -242289 22980489 27937736 0 0 0 0 13807425 18081647 0 0 0 8547350 10494335 22354775 28575982 625714 -638246 38329693 43858774 19717779 25885106 18611914 17973668 GESTALT COMMUNITY SCHOOLS IS A CHARTER MANAGEMENT ORGANIZATION THAT SERVES K-12 SCHOLARS. GESTALT COMMUNITY SCHOOLS LEVERAGES COMMUNITY ASSETS TO EMPOWER CITIZENS WHO WILL BE COLLEGE-READY, CAREER-READY, AND COMMUNITY-READY. 0 0 19388659 22079488 THE OPERATION OF FIVE CHARTER SCHOOLS THROUGH SHELBY COUNTY TENNESSEE SCHOOLS AND TWO CHARTER SCHOOLS THROUGH ACHIEVEMENT SCHOOL DISTRICT, SERVING SCHOLARS IN GRADES K-12, FROM DIVERSE AREAS OF THE CITY. CORE AND ADVANCED CURRICULUM COURSEWORK ARE OFFERED AS WELL AS SUPPLEMENTAL PROGRAMS WHICH INCLUDE ROBOTICS, BALLET, AND SPORTS. 19388659 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 35 0 1 361 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X NORRIESE JACKSON 9013052000 2650 THOUSAND OAKS BLVD STE 1400 MEMPHIS TN 38118 YETTA LEWIS CHIEF EXECUTIVE OFFICER 40.00 X X 156026 0 41616 BOBBIE TURNER CHIEF ACADEMIC OFFICER 40.00 X 122444 0 24638 ADRIANNA BUTLER CHIEF OPERATING OFFICER 40.00 X 120854 0 23079 ANTONIO RYAN SCHOOL LEADER 40.00 X 102816 0 24556 NORRIESE JACKSON CHIEF FINANCIAL OFFICER 40.00 X 101259 0 26074 NICHOLE CRANE DIRECTOR OF SPECIAL POPULATIONS 40.00 X 101591 0 17788 MICHELLE JONES-WRIGHT SCHOOL LEADER 40.00 X 100139 0 16102 ASHANTA EVANS BLACKWELL CHAIRMAN 2.00 X X 0 0 0 KRISTIN WALKER BURT DIRECTOR 2.00 X 0 0 0 TANIKA YANCY DIRECTOR 2.00 X 0 0 0 GRETA RAGGS DIRECTOR 2.00 X 0 0 0 TAMMIE WILLIAMS DIRECTOR 2.00 X 0 0 0 DAVID SELBERG DIRECTOR 2.00 X 0 0 0 KATIE SATTERWHITE DIRECTOR 2.00 X 0 0 0 805129 0 173853 7 0 1 0 SLA MANAGEMENT 3217 CORRINE DRIVE ORLANDO FL 32803 STUDENT MEAL SERVICE 803818 BLUEHUB LOAN FUND INC 10 MALCOLM X BOULEVARD ROXBURY MA 02119 FINANCING 663375 VENTURE TECHNOLOGIES INC GKR PO BOX 1450 MINNEAPOLIS MN 55485 TECHNOLOGY SERVICE 516519 KIMCO FACILITY SERVICES PO BOX 747037 ATLANTA GA 30374 JANITORIAL SERVICES 378011 SHELBY COUNTY SCHOOLS 160 S HOLLYWOOD ST ROOM 226 MEMPHIS TN 38112 LOCAL EDUCATION AGENCY 366252 5 5435582 534312 5969894 BASIC EDUCATION PROGRAM REVENUE 611110 21408003 21408003 STUDENT SERVICES 611110 417647 417647 OTHER INCOME 611110 253838 253838 22079488 161070 161070 550275 801605 -251330 -251330 -251330 450000 480427 -30427 -30427 -30427 21946 12905 9041 9041 27937736 22079488 0 -111646 427602 427602 13820530 9054375 4766155 665452 418022 247430 2167381 1361502 805879 1000682 628607 372075 8872 8872 93441 59000 34441 179467 179467 19300 5121 14179 526716 276310 250406 247196 86663 160533 2905295 2128775 776520 884643 884643 1626411 1433939 192472 SUPPLIES & MATERIALS 1351169 1277467 73702 STUDENT MEALS 998590 998590 STUDENT SERVICES 817952 817952 CONTRACTED SERVICES 411117 388303 22814 424166 274566 149600 28575982 19388659 9187323 0 1992375 5410184 1142464 309353 8898 4068 5481800 5481800 106971 41914 33995033 6450730 24803258 27544303 17790 34840 4776137 5032312 38329693 43858774 2567840 1825405 188119 89970 15734030 22287025 1227790 1682706 19717779 25885106 X 18491707 17247400 120207 726268 18611914 17973668 38329693 43858774 -638246 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 2623219 2623219 23549261 1309175 22240086 2727996 1077813 1650183 3819659 3225915 593744 1274898 837827 437071 27544303 DEFERRED OUTFLOWS RELATED TO PENSIONS 1658086 CUSTOMER DEPOSITS 3000 NET PENSION ASSET 2127861 DUE FROM PCAMS HOLDINGS 1243365 5032312 DEFERRED INFLOWS RELATED TO PENSIONS 1682706 1682706 X 28782673 844937 844937 27937736 0 27937736 29420919 844937 844937 28575982 0 28575982 PART X, LINE 2: THE SCHOOLS ADOPTED THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, WHICH PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE COMBINED FINANCIAL STATEMENTS. THE SCHOOLS ARE REQUIRED TO EVALUATE THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITY. THE SCHOOLS HAVE DETERMINED THAT THE APPLICATION OF THE INCOME TAXES STANDARD DOES NOT IMPACT THE OVERALL OPERATIONS OF THE SCHOOLS AND THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE SCHOOL'S COMBINED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES NETTED AGAINST REVENUE ON FORM 990 12,905. RENTAL EXPENSES NETTED AGAINST REVENUE ON FORM 990 801,605. LOSS ON SALE OF ASSETS NETTED AGAINST REVENUE ON FORM 990 30,427. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES NETTED AGAINST REVENUE ON FORM 990 12,905. RENTAL EXPENSES NETTED AGAINST REVENUE ON FORM 990 801,605. LOSS ON SALE OF ASSETS NETTED AGAINST REVENUE ON FORM 990 30,427. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 GESTALT COMMUNITY SCHOOLS IS NOT A PRIVATE SCHOOL. IT OPERATES AS PUBLIC CHARTER SCHOOLS AND ACCEPTS STUDENTS OF ALL RACES. SCHEDULE E, PART I, LINE 4 GESTALT COMMUNITY SCHOOLS OPERATES AS PUBLIC CHARTER SCHOOLS; NO FEES ARE CHARGED; NO SCHOLARSHIPS ARE NEEDED. SCHEDULE E, PART I, LINE 6 FEDERAL GRANT, NO CHILD LEFT BEHIND FUNDS ARE RECEIVED FROM TENN. DEPT. OF REVENUE. DAILY ATTENDANCE ALLOCATION FUNDS ARE RECEIVED FROM SHELBY COUNTY SCHOOLS AND ACHIEVEMENT SCHOOL DISTRICT (STATE OF TN). KRISPY KREME 12389 12389 7517 DANCE TEAM 7172 7172 4362 5 2386 2386 1025 21947 21947 12904 12904 9043 X X 0 0 0 0 0 0 0 0 0 YETTA LEWIS CHIEF EXECUTIVE OFFICER 150158 0 5868 0 0 0 0 0 41616 0 197642 0 0 0 PART I, LINE 3 THE BOARD DETERMINES COMPENSATION FOR EMPLOYEES, THE SCHOOL LEADER PREPARES DATA ON ACADEMIC PERFORMANCE, COMPARISON SALARY CHARTS FOR LOCAL SCHOOLS AND PROPOSED TEACHER SALARY STRUCTURE. THE BOARD APPROVES AND VOTES ON THE SALARY OF ALL EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED AT THE SUBSEQUENT BOARD MEETING OR SENT VIA E-MAIL AFTER THE 990 IS COMPLETED BY THE AUDIT FIRM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES COMPENSATION FOR EMPLOYEES, THE SCHOOL LEADER PREPARES DATA ON ACADEMIC PERFORMANCE, COMPARISON SALARY CHARTS FOR LOCAL SCHOOLS AND PROPOSED TEACHER SALARY STRUCTURE. THE BOARD APPROVES AND VOTES ON THE SALARY OF ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GESTALT COMMUNITY SCHOOLS WILL MAKE IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. POWER CENTER ACADEMY HIGH SCHOOL 6384 QUINCE ROAD MEMPHIS TN 38119 463272038 CHARTER SCHOOL TN 6616310 7986942 POWER CENTER ACADEMY MIDDLE SCHOOL 6120 WINCHESTER ROAD MEMPHIS TN 38115 463262588 CHARTER SCHOOL TN 5004242 3546693 POWER CENTER ACADEMY ELEMENTARY SCHOOL 6120 WINCHESTER ROAD MEMPHIS TN 38115 320467231 CHARTER SCHOOL TN 8767304 9269218 NEXUS STEM ACADEMY MIDDLE SCHOOL 8220 EAST SHELBY DRIVE MEMPHIS TN 38125 320491058 CHARTER SCHOOL TN 3121888 3342278 NEXUS STEM ACADEMY ELEMENTARY SCHOOL 8220 EAST SHELBY DRIVE MEMPHIS TN 38125 CHARTER SCHOOL TN 1915558 2707104 GESTALT VILLAGE HOLDINGS LLC 2650 THOUSAND OAKS BLVD MEMPHIS TN 38118 821913272 REAL ESTATE TN 1707638 1475962 WINCHESTER ROAD PROPERTIES LLC 3580 S MENDENHALL RD MEMPHIS TN 38115 832392714 REAL ESTATE TN PCAMS HOLDINGS INC 2650 THOUSAND OAKS BLVD MEMPHIS TN 38118 822224570 REAL ESTATE TN 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 PCAMS HOLDINGS K 278715 FAIR MARKET VALUE