2021-05-18T19:37:22-05:00 2020-06-30 260793942 MARTIN SMITH & COMPANY CPAS PA 1212 HAYWOOD ROAD BLDG 100 GREENVILLE SC 296152200 990 2019-07-01 460847332 BRIDGES PREPARATORY SCHOOL BRID 8439827737 555 ROBERT SMALLS PKWY BEAUFORT SC 29906 TOM ANGELO BOARD CHAIR 8439827737 2021-05-18 1 DAVID A SMITH P00045703 8642321040 2019 2022-09-23 18:48:47Z TOM ANGELO 555 ROBERT SMALLS PKWY BEAUFORT SC 29906 7604110 0 X WWW.BRIDGESPREPARATORYSCHOOL.ORG X 2012 SC THE BRIDGES PREPARATORY SCHOOL MISSION IS TO PROVIDE STUDENTS EQUAL ACCESS TO A HIGH QUALITY K-12 WHOLE CHILD EDUCATION THAT MAXIMIZES ACADEMIC EXCELLENCE AND STRENGTH OF CHARACTER IN A STUDENT-CENTERED LEARNING ENVIRONMENT CREATED BY A FACULTY OF LIFELONG LEARNERS. 9 9 110 200 0 0 6381893 7463217 141289 115735 1093 1602 12241 23556 6536516 7604110 0 0 0 0 3930890 4931677 0 0 0 2078670 2765672 6009560 7697349 526956 -93239 18418846 26812333 14345132 22831858 4073714 3980475 THE BRIDGES PREPARATORY SCHOOL MISSION IS TO PROVIDE STUDENTS EQUAL ACCESS TO A HIGH QUALITY K-12 WHOLE CHILD EDUCATION THAT MAXIMIZES ACADEMIC EXCELLENCE AND STRENGTH OF CHARACTER IN A STUDENT-CENTERED LEARNING ENVIRONMENT CREATED BY A FACULTY OF LIFELONG LEARNERS. 0 0 5785646 140893 IN FY 2020, BRIDGES PREPARATORY SCHOOL CREATED A STUDENT-CENTERED LEARNING ENVIRONMENT, DEVELOPED TO MAXIMIZE ACADEMIC EXCELLENCE AND STRENGTH OF CHARACTER FOR STUDENTS IN FORTY-SEVEN INDIVIDUAL CLASSROOMS, KINDERGARTEN THROUGH TWELFTH GRADE. DURING THIS THIS FISCAL YEAR, THE SCHOOL SUCCESSFULLY GRADUATED ITS FIRST HIGH SCHOOL SENIOR CLASS, COMPLETED THE CONSTRUCTION OF A BRAND NEW FACILITY AND UNDERWENT THE TASK OF SECURING A SECOND USDA LOAN TO BEGIN THE EXPANSION OF THE NEW SCHOOL FACILITY IN ORDER TO ACCOMMODATE THE CONTINUOUS GROWTH OF THE STUDENT BODY. 5785646 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 24 0 110 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X MCCAY KIDDY LLC 8438814477 1156 BOWMAN ROAD SUITE 100-A MOUNT PLEASANT SC 29464 TOM ANGELO BOARD CHAIR 5.00 X X 0 0 0 REBECCA POLK VICE-CHAIR 5.00 X X 0 0 0 SHAWNA DORAN TREASURER 5.00 X X 0 0 0 BRYAN MERRICK SECRETARY 5.00 X X 0 0 0 DAVID GAULT MEMBER 5.00 X 0 0 0 JOE COPPER MEMBER 5.00 X 0 0 0 JON BROWN MEMBER 5.00 X 0 0 0 MARK RENNIX MEMBER 5.00 X 0 0 0 GORDON SPROUL MEMBER 5.00 X 0 0 0 GARY MCCULLOCH HEAD OF SCHOOL 40.00 X 63717 0 6149 63717 0 6149 0 0 0 0 HOOD CONSTRUCTION 1050 SHOP RD SUITE A COLUMBIA SC 29201 CONSTRUCTION 5032804 FWA GROUP PO BOX 5910 HILTON HEAD ISLAND SC 29928 CONSTRUCTION 510744 A3 COMMUNICATIONS INC PO BOX 117343 ATLANTA GA 30368 CONSTRUCTION 268072 MOBILE MODULAR PO BOX 45043 SAN FRANCISCO CA 94145 MODULAR BUILDING RENTAL 178812 ALPHA JANITORIAL SERVICE INC PO BOX 2221 BEAUFORT SC 29901 JANITORIAL SERVICES 173713 5 7422863 40354 7463217 STUDENT ACTIVITIES 611710 86942 86942 LUNCH SALES TO STUDENT 900009 28793 28793 115735 1602 1602 1200 0 1200 1200 1200 OTHER REVENUE 900099 22356 22356 22356 7604110 139291 0 1602 X 63717 63717 3915255 3097327 817928 96512 66964 29548 571165 502837 68328 285028 221321 63707 10659 10659 1880 1880 72943 72943 126400 126400 16571 16571 119468 69774 49694 957280 957280 12492 12492 445463 445463 466591 33212 433379 23826 23826 SUPPLIES AND MATERIALS 237247 208273 28974 PURCHASED SERVICES 205475 205475 STUDENT ACTIVITIES 56795 56795 OTHER EXPENSES 12582 12582 7697349 5785646 1911703 0 4771577 4690128 1200 12744 25295 23065597 999292 13605388 22066305 29137 29405 18418846 26812333 826541 718720 35616 251 12555625 21268103 796800 927350 47984 14345132 22831858 X 4073714 3980475 0 0 0 0 4073714 3980475 18418846 26812333 -93239 0 X 0 1 X 0 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1134600 1134600 19252626 366803 18885823 683553 539322 144231 265906 93167 172739 1728912 1728912 22066305 ACCRUED COMPENSATED ABSENCES 12413 FUNDS HELD ON BEHALF OF STUDENT ORGANIZATIONS 35571 47984 X 7604110 0 7604110 0 7604110 7697349 0 7697349 0 7697349 PART X, LINE 2: THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS, WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48. FORM 990, SCHEDULE D, PART VI, LINE E THE TOTAL AMOUNT OF $1,728,912 CLASSIFIED AS "OTHER" IS CONSTRUCTION IN PROGRESS. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY IS LISTED ON THE SCHOOL'S WEBSITE WHICH IS ACCESSIBLE TO ALL. SCHEDULE E, PART I, LINE 4 LEAD ACADEMY DOES NOT PROVIDE SCHOLARSHIP OR FINANCIAL ASSISTANCE OF ANY KIND. THEREFORE, IT HAS NO RECORDS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED APPROXIMATELY $7,393,000 FROM STATE AND FEDERAL GOVERNMENT SOURCES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE DISTRIBUTED TO THE BOARD OF DIRECTORS AT SCHEDULED BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, BRIDGES PREPARATORY SCHOOL DISTRIBUTES A CERTIFICATION AND CONFLICT OF INTEREST DISCLOSURE FORM TO THE BOARD OF DIRECTORS AND BOARD OFFICERS. EACH RESPONDENT MUST CERTIFY THAT HE OR SHE HAS RECEIVED A COPY OF THE CONFLICT OF-INTEREST POLICY; HAS READ AND UNDERSTANDS THE POLICY; HAS AGREED TO COMPLY WITH THE POLICY; AND UNDERSTANDS THAT THE ORGANIZATION IS CHARITABLE AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS EXEMPT PURPOSES AND NOT ENGAGE IN ACTIVITIES AND TRANSACTIONS THAT PROVIDE IMPERMISSIBLE BENEFITS TO INDIVIDUALS OR ENTITIES. IN ADDITION, THE CERTIFICATION AND CONFLICT OF INTEREST DISCLOSURE DOCUMENTS REQUIRE EACH INDIVIDUAL TO EITHER CERTIFY THAT HE OR SHE HAS NO ACTUAL OR POSSIBLE CONFLICT OF INTEREST TO REPORT, OR TO DESCRIBE ANY RELATIONSHIPS, TRANSACTIONS, OR OTHER CIRCUMSTANCES, INCLUDING THOSE OF AN IMMEDIATE FAMILY MEMBER, THAT COULD RESULT IN A CONFLICT BETWEEN THE ORGANIZATION'S INTERESTS AND HIS OR HER PERSONAL, FINANCIAL OR OTHER INTERESTS. ALL INDIVIDUALS ARE PROVIDED A COPY OF THE CONFLICT-OF-INTEREST AND ARE PROVIDED THE OPPORTUNITY TO ASK QUESTIONS ABOUT THE POLICY. FOR NEW BOARD MEMBERS ELECTED EACH YEAR, THIS IS COVERED AS PART OF THE NEW BOARD MEMBERS ORIENTATION SESSION HELD PRIOR TO THE FIRST BOARD MEETING IN WHICH THEY PARTICIPATE. ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE AND SIGN THE CERTIFICATION AND DISCLOSURE FORM, WHICH IS RETAINED IN THE BRIDGES PREPARATORY SCHOOLS FILES. DISCLOSURE DOCUMENTS ARE REVIEWED TO IDENTIFY INDIVIDUALS THAT REPRESENT A POTENTIAL CONFLICT OF INTEREST. AS BUSINESS MATTERS, TRANSACTIONS OR CONTRACTS ARISE, POTENTIAL CONFLICTS ARE REVIEWED AND WHEN A CONFLICT IS IDENTIFIED WITH RESPECT TO A PROPOSED TRANSACTION, BRIDGES PREPARATORY SCHOOL FOLLOWS THE PROCEDURES SET OUT IN ITS CONFLICT-OF-INTEREST POLICY WHICH TYPICALLY RESULTS IN PROHIBITING THEM FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS SURROUNDING THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE HEAD OF SCHOOL, ASSISTANT HEAD OF SCHOOL, DIRECTORS AND ALL TEACHING STAFF INCLUDES A REVIEW BY THE BRIDGES INTERNAL OPERATIONS/HUMAN RESOURCES STAFF AND THE ENTIRE BOARD OF DIRECTORS. COMPARABILITY DATA USED IN THE REVIEW PROCESS IS OBTAINED FROM A VARIETY OF SOURCES INCLUDING SIMILAR SCHOOLS, SIMILAR POSITIONS, SIMILAR YEARS OF EXPERIENCE AND SIMILAR EDUCATION LEVELS WITHIN THE SAME COUNTY AND WITHIN SIMILAR DISTRICTS OUTSIDE THE COUNTY. A SALARY SCHEDULE HAS BEEN CREATED AND SALARY DECISIONS ARE DETERMINED BASED ON THEIR ALIGNMENT WITH THE SALARY SCHEDULE AND THE AFOREMENTIONED FACTORS. COMPENSATION DELIBERATIONS AND DECISIONS ARE DISCUSSED WITHIN THE EXECUTIVE SESSION OF THE RESPECTIVE BOARD MEETINGS WHERE CONTRACTS ARE REVIEWED FOR APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE SCHOOL'S WEBSITE AND UPON REQUEST. FORM 990, PART IX, LINE 11G INSTRUCTIONAL SERVICES : PROGRAM SERVICE EXPENSES 60,955. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,955. PROFESSIONAL DEVELOPMENT : PROGRAM SERVICE EXPENSES 504. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 504. SPEECH, HEARING, OT SERVICES : PROGRAM SERVICE EXPENSES 49,141. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,141. PSYCHOLOGICAL SERVICES : PROGRAM SERVICE EXPENSES 15,650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,650. HEALTH SERVICES : PROGRAM SERVICE EXPENSES 150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 150.