2021-05-17T13:29:35-05:00 2020-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2019-07-01 453957158 ASCEND CHARTER SCHOOLS ASCE 3474647600 205 ROCKAWAY PKWY BROOKLYN NY 11212 STEPHANIE MAUTERSTOCK BOARD CHAIR 3474647600 2021-05-17 1 GARRETT M HIGGINS P00543209 9143818900 2021-05-11 2019 2022-09-23 18:48:47Z STEPHANIE MAUTERSTOCK 205 ROCKAWAY PKWY BROOKLYN NY 11212 117818252 0 X WWW.ASCENDLEARNING.ORG X 2011 NY TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND. 8 8 963 8 0 0 7292424 7373523 96336151 110425069 8527 10267 20060 9393 103657162 117818252 0 0 0 0 57201495 68251243 0 0 0 46940394 52728726 104141889 120979969 -484727 -3161717 23948867 29376376 25347005 34443347 -1398138 -5066971 X ASCEND CHARTER SCHOOLS' (THE "SCHOOL") MISSION IS TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND. THE SCHOOL WILL SPAN KINDERGARTEN THROUGH THE 12TH GRADE AT MATURITY. FROM THE EARLIEST GRADES, STUDENTS WILL STEADILY BUILD A STRONG FOUNDATION OF LEARNING HABITS, CRITICAL THINKING SKILLS, AND KNOWLEDGE; EXCEL ACADEMICALLY IN THE MIDDLE AND HIGH SCHOOL, MASTERING HIGH-LEVEL MATH AND SCIENCE; AND GRADUATE AS CONFIDENT YOUNG ADULTS, PREPARED TO SUCCEED AS COLLEGE STUDENTS, AS CITIZENS, AND AS LEADERS IN THEIR CHOSEN FIELDS. 0 0 98109499 110425069 ASCEND CHARTER SCHOOLS IS A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS SERVING 5,425 STUDENTS IN 15 SCHOOLS ACROSS BROOKLYNNEW YORK'S MOST POPULOUS BOROUGH. OUR UNDERTAKING IS TO LEAD OUR STUDENTS ON A GREAT INTELLECTUAL ADVENTURE, PROVIDE THEM WITH AN EXCEPTIONAL COLLEGE PREPARATORY EDUCATION, AND PLACE THEM FIRMLY ON THE PATH TO SUCCESS IN COLLEGE AND BEYOND. 98109499 1 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 90 0 963 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ANDREW EPSTEIN 3474647600 205 ROCKAWAY PARKWAY BROOKLYN NY 11212 X ANASTASIA MICHALS SCHOOL DIRECTOR 60.00 X 168886 0 16578 ZELDA WASHINGTON SCHOOL DIRECTOR 60.00 X 164042 0 19953 BILLIE QUIGLEY SCHOOL DIRECTOR 60.00 X 144364 0 15504 CRYSTAL LANE SCHOOL DIRECTOR 60.00 X 137517 0 14812 TRACY DEOLIVEIRA-LEWIS SCHOOL DIRECTOR 60.00 X 136581 0 13166 STEPHANIE MAUTERSTOCK BOARD CHAIR 2.50 X X 0 0 0 SHELLY CLEARY CO-TREASURER 2.50 X X 0 0 0 GLENN HOPPS CO-TREASURER 2.50 X X 0 0 0 CHRISTINE SCHLENDORF SECRETARY 2.50 X X 0 0 0 AMANDA CRAFT TRUSTEE 2.50 X 0 0 0 KWAKU ANDOH TRUSTEE 2.50 X 0 0 0 NADINE SYLVESTER TRUSTEE 2.50 X 0 0 0 ORAL WALCOTT TRUSTEE 2.50 X 0 0 0 751390 0 80013 48 0 1 0 LAVINIA GROUP 333 WEST 34TH STREET NEW YORK NY 10001 TRAINING SERVICES 304650 MARK LANG PAINTING 205 ROCKAWAY PARKWAY BROOKLYN NY 11212 PAINTING SERVICES 229850 SMITH & ARCHITECTS PLLC 47-11 30TH AVE ASTORIA NY 11103 ARCHITECTURAL SERVICES 116171 PKF O'CONNOR DAVIES 500 MAMARONECK AVE HARRISON NY 10528 ACCOUNTING SERVICES 101000 4 7357414 16109 7373523 GOV'T PER-PUPIL REV. 611000 98233518 98233518 GOV'T PER-PUPIL REV.-FACILITIES 611000 12056551 12056551 PROGRAM RELATED RENTAL 531120 135000 135000 110425069 10267 10267 MISCELLANEOUS 900099 9393 9393 9393 117818252 110425069 0 19660 56637647 49091731 7545916 499796 433376 66420 6310245 5479121 831124 4803555 4165190 638365 14549441 5965269 8584172 45795 45795 120000 120000 1627779 1104256 523523 219058 190564 28494 1940763 1483515 457248 1518151 1317385 200766 23513947 20409515 3104432 289526 251317 38209 23361 19745 3616 2151464 1856792 294672 512350 447777 64573 CLASSROOM SUPPLIES 2387617 2387617 FOOD SERVICES 1545896 1545896 REPAIRS AND MAINTENANCE 994464 850166 144298 STAFF DEVELOPMENT 754437 692937 61500 534677 417330 117347 120979969 98109499 22870470 0 2335501 2381512 10449999 10954511 1242978 2993848 262154 938908 21840151 10064568 9331930 11775583 326305 332014 23948867 29376376 5338924 6233056 93700 184742 0 2292597 19914381 25732952 25347005 34443347 X -1398138 -5066971 -1398138 -5066971 23948867 29376376 X -3161717 -507116 X X 0 1 X 1 1 1 X 12490686 3835437 8655249 1114493 938717 175776 8234972 5290414 2944558 11775583 DEFERRED RENT 22997739 DUE TO AFFILIATES 2735213 25732952 X 117818252 0 117818252 0 117818252 120979969 0 120979969 0 120979969 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2017. 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2019-22. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT OFFER ANY FINANCIAL ASSISTANCE AND SCHOLARSHIPS. STUDENTS ARE NOT CHARGED TUITION. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE NYC DEPARTMENT OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL AND STATE FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X X 0 0 0 0 0 0 0 0 0 ANASTASIA MICHALS SCHOOL DIRECTOR 168830 0 0 0 56 0 5267 0 11311 0 185464 0 0 0 ZELDA WASHINGTON SCHOOL DIRECTOR 163982 0 0 0 60 0 5829 0 14124 0 183995 0 0 0 BILLIE QUIGLEY SCHOOL DIRECTOR 144310 0 0 0 54 0 7140 0 8364 0 159868 0 0 0 CRYSTAL LANE SCHOOL DIRECTOR 137481 0 0 0 36 0 0 0 14812 0 152329 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL IS MANAGED BY ASCEND LEARNING, INC., A NEW YORK STATE NOT-FOR-PROFIT CORPORATION. PURSUANT TO AN AGREEMENT, THE FOLLOWING DUTIES HAVE BEEN ASSIGNED TO THE MANAGEMENT COMPANY: - DESIGNING, SELECTING, ACQUIRING, AND IMPLEMENTING THE EDUCATION PROGRAM FOR THE SCHOOL - RECRUITING, SUPERVISING, AND EVALUATING THE SCHOOL DIRECTORS ON BEHALF OF THE SCHOOL - DAY-TO-DAY BUSINESS MANAGEMENT OF THE SCHOOL, INCLUDING MANAGEMENT OF BUSINESS ADMINISTRATION, PAYROLL, AND CONTRACTS WITH PUBLIC AND PRIVATE ENTITIES. MANAGEMENT FEES FOR THE YEAR ENDED JUNE 30, 2020 AMOUNTED TO $14,549,441. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY MANAGEMENT AND A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH OFFICERS, TRUSTEES, AND KEY EMPLOYEES AS PART OF THEIR REGULAR MEETINGS. OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. IN ADDITION, THE BOARD OF TRUSTEES SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BY MAJORITY VOTE, AND THE CONFLICTED PERSON MUST RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE ON SUCH MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IT IS POSTED ON GUIDESTAR.ORG. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 205 ROCKAWAY PARKWAY, BROOKLYN, NY 11212, OR BY CALLING THE ORGANIZATION DIRECTLY AT (347)464-7600. FORM 990, PART XI, LINE 9: WRITE OFF OF GRANTS AND CONTRACTS RECEIVABLE -507,116. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.