2021-05-17T12:23:11-05:00 2020-06-30 260793942 MARTIN SMITH & COMPANY CPAS PA 1212 HAYWOOD ROAD BLDG 100 GREENVILLE SC 296152200 990 2019-07-01 463368831 MIDLANDS STEM INSTITUTE MIDL 8038151524 112 CRANE STREET WINNSBORO SC 29180 CYNTHIA PRINCE EXECUTIVE DIRECTOR 8038151524 2021-05-14 1 DAVID A SMITH P00045703 8642321040 2019 2022-09-23 18:48:47Z KEVIN THOMAS 112 CRANE STREET WINNSBORO SC 29180 2100157 0 X WWW.MIDLANDSSTEM.ORG X 2012 SC MIDLANDS STEM INSTITUTE OFFERS A UNIQUE OPPORTUNITY FOR STUDENTS TO EARN A HIGH QUALITY EDUCATION IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM). 6 6 54 4 0 0 2237065 2070162 134947 29959 289 36 0 0 2372301 2100157 0 0 0 0 1504292 1340958 0 0 0 1810658 908846 3314950 2249804 -942649 -149647 344869 640136 36676 481591 308193 158545 X OUR MISSION IS TO PRODUCE STEM PROFICIENT, PHYSICALLY FIT STUDENTS. OUR GOAL IS TO PREPARE YOUTH FOR THE FUTURE BY EQUIPPING THEM WITH THE SKILLS THEY NEED FOR GAINFUL EMPLOYMENT AND HEALTHY LIVES. 0 0 1684759 29959 MIDLANDS STEM INSTITUTE (MSI) OFFERS A UNIQUE OPPORTUNITY FOR STUDENTS TO OBTAIN A HIGH QUALITY EDUCATION IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM). MSI IS A TUITION-FREE PUBLIC CHARTER SCHOOL AND OPENED IN AUGUST 2014. MSI'S MISSION IS TO PRODUCE ACADEMICALLY AND PHYSICALLY FIT STEM PROFICIENT STUDENTS. MSI OFFERS PARENTS AND GUARDIANS A CHOICE OF TRADITIONAL GRADE STRUCTURES OR MULTI-AGE LEARNING ENVIRONMENTS, AND THE OPTION OF FACE-TO-FACE OR ONLINE DISTANCE LEARNING. IN ADDITION TO PROVIDING AN ALTERNATIVE TO TRADITIONAL PUBLIC SCHOOL OR PRIVATE SCHOOL EDUCATIONAL OPTIONS, MSI SERVES KINDERGARTEN (AGE 5) STUDENTS THROUGH 11TH GRADE AND ADDS A GRADE EVERY YEAR UNTIL MATRICULATION AT 12TH GRADE. AT MSI, STUDENTS HAVE LEARNING OPPORTUNITIES THAT HELP THEM SET COURSES FOR PRODUCTIVE FUTURES. MSI'S GOAL IS TO PREPARE OUR YOUTH FOR THE FURTURE BY EQUIPPING THEM WITH THE SKILLS THEY NEED FOR GAINFUL EMPLOYMENT AND HEALTHY LIVES. STEM EDUCATION GOES WELL BEYOND TRADITIONAL SCHOOL CURRICULUM, AND OPENS AVENUES FOR STUDENTS IN A VARIETY OF FIELDS. STUDENTS AT MSI LEARN THROUGH ENGAGING AND CHALLENGING EXPERIENCES THAT FOCUS ON PROBLEM-SOLVING IN REAL WORLD SETTINGS. MSI'S HEALTH AND FITNESS PROGRAM FOCUSES ON PHYSICAL FITNESS, WELL-BEING, DIET, AND NUTRITION. MSI IS FOCUSED ON STEM EDUCATION, BUT ALSO PROVIDES SPANISH LANGUAGE INSTRUCTION, ART, MUSIC, SPORTS, CLUBS, AND CULTURAL EXPERIENCES. 1684759 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 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 0 0 54 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X X OFFICE 8038151524 112 CRANE STREET WINNSBORO SC 29180 X KEVIN THOMAS BOARD CHAIR 1.00 X X 0 0 0 EMILY ESTEP VICE CHAIR 1.00 X X 0 0 0 BEVERLY HENDERSON SECRETARY 1.00 X X 0 0 0 MARK JOHNSTON TREASURER 1.00 X X 0 0 0 LINDA MCCALL DIRECTOR 1.00 X 0 0 0 DAN CAMPBELL DIRECTOR 1.00 X 0 0 0 CYNTHIA PRINCE EXECUTIVE DIRECTOR 60.00 X 42500 0 0 MARIAM MILAM EXECUTIVE DIRECTOR (FORMER) 60.00 X 41811 0 0 84311 0 0 0 0 0 0 0 2069660 502 2070162 PUPIL ACTIVITY 611710 14006 14006 OTHER REVENUE 611110 9955 9955 LUNCH SALES 611170 5998 5998 29959 36 36 2100157 29959 0 36 X 84311 42155 42156 1048535 864360 184175 115950 102681 13269 92162 69642 22520 42140 42140 18000 18000 6995 6995 250522 93389 157133 13764 13764 9231 9231 70214 67781 2433 280617 280617 1551 1551 99581 99581 32210 28350 3860 7141 7141 FEE PAID TO CHARTER INS 35367 35367 STUDENT SUPPLIES 26530 26530 FIELD TRIPS 7402 7402 OTHER EXPENDITURES 3513 3513 4068 2271 1797 2249804 1684759 565045 0 36077 268899 191316 176164 8640 1589 15506 18226 213444 93502 76433 119942 16897 55316 344869 640136 22058 81852 14618 2169 397570 36676 481591 X 308193 158545 308193 158545 344869 640136 X -149647 -1 X 0 1 X 0 0 X 42110 3860 38250 171334 89642 81692 119942 MISC RECEIVABLE 12316 SECURITY DEPOSIT 8000 CONSTRUCTION IN PROGRESS 35000 55316 X 2100157 0 2100157 0 2100157 2249805 0 2249805 0 2249805 PART X, LINE 2: THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS, WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 INFORMATION IS PROVIDED ON THE SCHOOL'S WEBSITE. THE SCHOOL IS A PUBLIC SCHOOL AND ABIDES BY ALL STATE AND FEDERAL REGULATIONS REGARDING DISCRIMINATION. SCHEDULE E, PART I, LINE 4 LINE 4B - THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL. THEREFORE, IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES A SIGNIFICANT PORTION OF ITS SUPPORT FORM GOVERNMENTAL UNITS INCLUDING APPROXIMATELY $2,070,000 FROM STATE AND FEDERAL SOURCES. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND REVIEWED AND APPROVED BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THIS IS PART OF THE ANNUAL TRAINING FOR ALL BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G STAFF DEVELOPMENT & TRAINING : PROGRAM SERVICE EXPENSES 4,136. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,136. INSTRUCTIONAL SERVICES : PROGRAM SERVICE EXPENSES 85,818. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,818. PSYCHOLOGICAL SERVICES : PROGRAM SERVICE EXPENSES 3,435. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,435. FISCAL SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 70,855. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,855. OTHER MISC SERV : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 86,278. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 86,278. FORM 990, PART IX, LINE 24E BANK FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,797. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,797. FOOD & SUPPLIES PURCHASES : PROGRAM SERVICE EXPENSES 1,459. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,459. STUDENT TRANSPORTATION : PROGRAM SERVICE EXPENSES 812. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 812. FORM 990, PART XI, LINE 9: ROUNDING -1.