2019-05-15T16:27:06-05:00 2018-06-30 750786316 WEAVER & TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2017-07-01 752659683 UPLIFT EDUCATION UPLI 4696218500 1825 MARKET CENTER BLVD NO 500 DALLAS TX 75207 STACEY LAWRENCE CFO 4696218500 2019-05-15 1 LELAND DUSHKIN P00975200 9724901970 209.34.28.73 2019-05-15 13:23:54 CD P BB12664BE1E3D4BC08488640412F20C0F7A39D48 9D4B876EDC5E081210DEF8AAEE411789C83D83A6 2017 2019-02-21 02:37:17Z YASMIN BHATIA 1825 MARKET CENTER BLVD NO 500 DALLAS TX 75207 187567247 0 X WWW.UPLIFTEDUCATION.ORG X 1996 TX UPLIFT EDUCATION'S MISSION IS TO CREATE AND SUSTAIN PUBLIC SCHOOLS OF EXCELLENCE THAT EMPOWER EACH STUDENT TO EACH THEIR HIGHEST POTENTIAL IN COLLEGE AND THE GLOBAL MARKETPLACE AND THAT INSPIRE IN STUDENTS A LIFE-LONG LOVE OF LEARNING, ACHIEVEMENT, AND SERVICE IN ORDER TO POSITIVELY CHANGE THEIR WORLD. 9 9 2785 1050 0 9140 155473203 179303131 6532392 7276597 355567 954527 0 0 162361162 187534255 28399 12000 0 0 100480270 114866134 0 0 1619043 54726761 61716302 155235430 176594436 7125732 10939819 388379615 465332274 352171173 418235423 36208442 47096851 X UPLIFT EDUCATION'S MISSION IS TO CREATE AND SUSTAIN PUBLIC SCHOOLS OF EXCELLENCE THAT EMPOWER EACH STUDENT TO REACH THEIR HIGHEST POTENTIAL IN COLLEGE AND THE GLOBAL MARKETPLACE AND THAT INSPIRE IN THE STUDENTS A LIFE-LONG LOVE OF LEARNING, ACHIEVEMENT, AND SERVICE IN ORDER TO POSITIVELY CHANGE THEIR WORLD. 0 0 167448478 12000 7276597 DURING THE FISCAL YEAR ENDING JUNE 30, 2018, UPLIFT EDUCATION OPERATED 1 OPEN-ENROLLMENT CHARTER WITH 37 SCHOOLS AT 19 CAMPUSES, WHICH TOGETHER HAD AN ENROLLMENT OF APPROXIMATELY 17,000 STUDENTS IN GRADES PRE-K THROUGH 12. 167448478 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 345 0 1 2785 1 1 1 0 0 0 0 1 1 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 0 0 X X STACEY LAWRENCE 4696218500 1825 MARKET CENTER BLVD SUITE 500 DALLAS TX 75207 MELISSA MCNEIL CHAIR 5.00 X X 0 0 0 RYAN MOSS VICE-CHAIR 5.00 X X 0 0 0 RICHARD FRAPART AUDIT COMMITTEE CHAIR 1.00 X 0 0 0 JACK WENSINGER FINANCE COMMITTEE CHAIR 1.00 X 0 0 0 CAMERON JOHNSON FACILITIES COMMITTEE CHAIR 1.00 X 0 0 0 ARDO FUENTES GOVERNANCE COMMITTEE CHAIR 1.00 X 0 0 0 JOSH TERRY GOVERNOR AT-LARGE 1.00 X 0 0 0 DAWN MANN GOVERNOR AT-LARGE 1.00 X 0 0 0 DONELL WIGGINS INSTITUTIONAL & ADV COMMIT 1.00 X 0 0 0 YASMIN BHATIA CHIEF EXECUTIVE OFFICER 40.00 X 208160 0 17240 STACEY LAWRENCE CHIEF FINANCIAL OFFICER 40.00 X 99695 0 27735 ALEXANDER BERK SECRETARY, CHIEF LEGAL 40.00 X 86663 0 10973 RICHARD HARRISON CHIEF ACADEMIC OFFICER 40.00 X 141711 0 16911 JOHNNY DEAS CHIEF OPERATIONS OFFICER 40.00 X 121025 0 16767 DEBORAH BIGHAM CHIEF DEVELOPMENT OFFICER 40.00 X 123679 0 10193 PRISCILLA COLLINS-PARHMS MANAGING DIRECTOR 40.00 X 108128 0 33889 KAREN AIKMAN MANAGING DIRECTOR 40.00 X 115721 0 9554 KAREN EVANS MANAGING DIRECTOR 40.00 X 111220 0 17570 ANNE ERICKSON SR. DIR-TEACHER/LEADER EFF 40.00 X 121660 0 15854 REMY L WASHINGTON MANAGING DIRECTOR 40.00 X 109767 0 17448 JASEN RYDER DATABASE ARCHITECT 40.00 X 102641 0 28476 ANSON C JACKSON MANAGING DIRECTOR 40.00 X 108599 0 19403 1558669 0 242013 11 0 1 0 HKS PO BOX 731121 DALLAS TX 75373 ARCHITECTURE SERVICES 2286270 URBAN TEACHER CENTER INC 1800 WASHINGTON BOULEVARD SUITE 41 BALTIMORE MD 21230 RESIDENT TEACHER PROGRAM 1336750 MI ESCUELITA PRESCHOOL INC 4231 MAPLE AVE DALLAS TX 75219 PRE-K PROGRAM 824736 PROJECT MANAGEMENT SERVICES INC 900 CLARENCE BOHLS LANE AUSTIN TX 78660 PROJECT MANAGEMENT SERVICES 785710 CHILD CARE GROUP 1420 WEST MOCKINGBIRD LANE SUITE 3 DALLAS TX 75247 PRE-K PROGRAM 536194 16 259441 166356240 12687450 179303131 NATIONAL SCHOOL LUNCH PROGRAM 611110 7276597 7276597 7276597 954527 954527 32992 259441 32992 0 187534255 7276597 0 954527 12000 12000 1101001 236294 700989 163718 101909725 96951395 4538397 419933 2879978 2750312 119724 9942 7640921 7273969 334487 32465 1334509 1251506 74735 8268 279045 279045 61000 61000 14000 14000 12885249 11162791 956759 765699 1319119 1294359 24134 626 4966997 4960881 342 5774 5137321 5137321 1844150 1715027 108721 20402 13669902 13669902 9533865 9533865 863540 863540 STUDENT NOURISHMENT 4143379 4143379 TEXTBOOKS & CURRICULUM 3209080 3209080 OTHER OPERATING EXPENSE 1367537 906252 273640 187645 GENERAL SUPPLIES 1280092 1268345 9821 1926 1142026 1094260 45121 2645 176594436 167448478 7526915 1619043 35245221 47278492 65272335 97929891 2925664 2718995 22375085 26212779 338544364 48676967 260228659 289867397 555659 608958 424054 405632 1352938 310130 388379615 465332274 14823411 17963813 321045000 381855000 5687286 5687286 10615476 12729324 352171173 418235423 X 13237404 16087323 22971038 31009528 36208442 47096851 388379615 465332274 X 10939819 -18422 -32988 X X 0 1 X 1 1 1 X 95369038 120686154 135299760 155473203 179303131 686131286 95369038 120686154 135299760 155473203 179303131 686131286 686131286 0 57025 181719 355567 954527 1548838 687680124 28398577 0.99770 0.99900 X 7000 7000 14000 167448478 167462478 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 25000 25000 27000 14000 91000 250000 250000 250000 250000 1000000 1500000 12500 12500 13500 7000 45500 32572556 32572556 256755808 44680979 212074829 9544524 3995988 5548536 39671476 39671476 289867397 FUNDS HELD FOR STUDENT AND PARENT GROUPS 1912322 BOND PREMIUM LESS FINANCING COSTS 9291134 DEFERRED RENT 1525868 12729324 X 187534255 0 187534255 0 187534255 176645849 18422 32991 51413 176594436 0 176594436 PART X, LINE 2: THE SCHOOL HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX ON ITS INCOME, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL FOLLOWS THE PROVISIONS OF ASC 740-10, INCOME TAXES, RELATED TO UNRECOGNIZED TAX POSITIONS. THE SCHOOL RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE SCHOOL DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED JUNE 30, 2018 AND 2017, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. THE SCHOOL IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS. HOWEVER, THE CONCLUSIONS REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WILL BE SUBJECT TO REVIEW AND MAY BE ADJUSTED AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF. THE SCHOOL'S INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE DUE DATE OR DATE OF FILING. AS A RESULT, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2015. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 32,991. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UPLIFT EDUCATION'S PROMOTIONAL MATERIALS, ADVERTISEMENTS, AND ENROLLMENT APPLICATIONS ALL CONTAIN THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY AS STATED IN THE ORGANIZATION'S CHARTER. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES GOVERNMENTAL SUPPORT THROUGH STATE AND FEDERAL PROGRAMS WHICH PROVIDE FOR REIMBURSEMENT OF EXPENDITURES BASED ON STUDENT ENROLLMENT. THE SCHOOL ALSO PARTICIPATES IN A LUNCH PROGRAM WHICH IS BASED ON THE NEEDS OF THE STUDENT SCHOLARS, CHARTER SCHOOLS PROGRAM GRANTS FOR REPLICATION AND EXPANSION OF HIGH QUALITY CHARTER SCHOOLS, AND IDEA-B, A SPECIAL EDUCATION FUND. COLLEGE SIGNING DAY TAILGATE LUNCH 292433 259441 32992 5850 19590 2842 4710 292433 259441 32992 5850 19590 2842 4710 32992 0 0 TUITION PAYMENT 12000 PART I, LINE 2: PAYMENTS WERE MADE DIRECTLY TO CENTRE COLLEGE ($5,000), AUSTIN COLLEGE ($4,500), TEXAS TECH UNIVERSITY ($2,500) FOR UPLIFT STUDENT ALUMNI SCHOLARSHIPS. X 0 0 0 0 0 0 0 0 0 YASMIN BHATIA CHIEF EXECUTIVE OFFICER 208160 0 0 0 0 0 17240 0 0 0 225400 0 0 0 RICHARD HARRISON CHIEF ACADEMIC OFFICER 141711 0 0 0 0 0 11892 0 5019 0 158622 0 0 0 A TEX PUB AUTH CTR SCH FIN CORP 2007-09-06 10380000 FACILITY PURCHASE & DEBT SERVICE 0 0 0 B CLIFTON HIGHER ED FINANCE CORP 800349380 2010-04-08 56835000 FACILITY PURCHASE & DEBT SERVICE 0 0 0 C NORTH TEXAS EDUCATION FINANCE CORP 454665421 2012-09-19 80780000 FACILITY PURCHASE & DEBT SERVICE 0 0 0 D CLIFTON HIGHER ED FINANCE CORP 800349380 2013-01-24 44960000 FACILITY PURCHASE & DEBT SERVICE 0 0 0 A 11157229 724019 539155 9773521 120534 2011 0 0 1 1 B 55842896 3926103 1014031 1726967 49175795 2015 0 0 1 1 C 80780000 4846963 2960420 1810914 56445195 14716508 0 0 1 1 D 45243721 2458090 14722729 1081180 24975000 2006722 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 1 0.00700 1 0 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 0 B 0 C 0 D 0 A CLIFTON HIGHER ED FINANCE CORP 800349380 187145CB1 2014-08-28 41750000 FACILITY PURCHASE & DEBT SERVICE 0 0 0 B CLIFTON HIGHER ED FINANCE CORP 800349380 187145DD6 2015-06-04 43470000 FACILITY PURCHASE & DEBT SERVICE 0 0 0 C ARLINGTON HIGHER ED FINANCE CORP 800349380 041806HH6 2016-07-07 42980000 FACILITY PURCHASE, ADVANCE FUNDING, & DEBT SERVICE 0 0 0 D ARLINGTON HIGHER ED FINANCE CORP 800349380 041806LY4 2017-05-31 74405000 FACILITY PURCHASE, ADVANCE FUNDING, & DEBT SERVICE 0 0 0 A 41750000 2379011 1306342 1149802 31914845 5000000 0 0 1 1 B 44852752 2646650 2096557 1218741 33293368 5597346 0 0 1 1 C 48458413 2714125 1427490 9405832 1196683 33714282 0 1 1 1 D 87625520 975164 62670355 1485629 22494372 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 0 B 0 C 0 D 0 A ARLINGTON HIGHER ED FINANCE CORP 800349380 041806NE6 2017-08-31 25380000 FACILITY PURCHASE & DEBT SERVICE 0 0 0 B ARLINGTON HIGHER ED FINANCE CORP 800349380 041806PW4 2018-06-07 39450000 FACILITY PURCHASE & DEBT SERVICE 0 0 0 A 28593302 1287073 581120 26725109 0 0 1 1 B 42552516 1663343 2098922 38790251 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 FORM 990, PART VI, SECTION B, LINE 11B THE 990 FORM IS REVIEWED AND APPROVED BY MANAGEMENT AND THE AUDIT COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SUBMIT THE TEA REQUIRED CHARTER SCHOOL GOVERNANCE REPORT ANNUALLY. BOARD MEMBERS RECEIVE ANNUAL TRAINING ON CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD CURRENTLY DOES THE EVALUATION OF THE CHIEF EXECUTIVE OFFICER. THEY APPROVE ANY CHANGES TO THE CEO'S SALARY OR COMPENSATION. OTHER KEY EMPLOYEES (EXECUTIVE TEAM) ARE REVIEWED BY THE CHIEF EXECUTIVE OFFICER. SALARIES ARE APPROVED INDIRECTLY THROUGH BOARD'S APPROVAL OF THE BUDGET. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: SPECIAL EVENT EXPENSES -32,988. FORM 990, PART XII, LINE 2C: NO CHANGES DURING THE FISCAL YEAR.