INGENUITY PREP: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- INGENUITY PREP (EIN 45-5054392)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-13
- IRS object ID
- 201921339349303982
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T12:09:50-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 462108854 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENDALL PREBOLA AND JONES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 259 | AddressLine1Txt |
| City | BEDFORD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 155220259 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455054392 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INGENUITY PREP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INGE | BusinessNameControlTxt |
| Phone | 2025620391 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 LIVINGSTON ROAD SE | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20032 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM STOETZER | PersonNm |
| Person Title | CHIEF OPERATING OFCR | PersonTitleTxt |
| Phone | 2025620391 | PhoneNum |
| Signature | 2019-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD M JONES CPA | PreparerPersonNm |
| PTIN | P00621721 | PTIN |
| Phone | 8146231880 | PhoneNum |
| Preparation | 2019-05-08 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 96.66.174.73 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-13 | IPDt |
| IP Tm | 12:09:50 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | CBB56391CAB8C94B13B8C5A5D2AEE589E695ECE5 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 64369CA68A6B334356A54FD4A47C2A43E0F4AE5B | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIAM STOETZER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 LIVINGSTON ROAD SE | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20032 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,058,110 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.INGENUITYPREP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | INGENUITY PREP PUBLIC CHARTER SCHOOL PREPARES ITS STUDENTS TO SUCCEED IN COLLEGE AND BEYOND AS IMPACTFUL CIVIC LEADERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 99 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $801 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $762,492 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,077,210 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,129,416 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,979,492 | CYProgramServiceRevenueAmt |
| PY Investment Income | $747 | PYInvestmentIncomeAmt |
| CY Investment Income | -$956 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $7,892,655 | PYTotalRevenueAmt |
| CY Total Revenue | $11,055,746 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,800,956 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,225,915 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $129,815 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,146,451 | PYOtherExpensesAmt |
| CY Other Expenses | $4,110,588 | CYOtherExpensesAmt |
| PY Total Expenses | $7,947,407 | PYTotalExpensesAmt |
| CY Total Expenses | $10,336,503 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$54,752 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $719,243 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,191,688 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,878,053 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $583,951 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $551,073 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,607,737 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,326,980 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | INGENUITY PREP PUBLIC CHARTER SCHOOL PREPARES ITS STUDENTS TO SUCCEED IN COLLEGE AND BEYOND AS IMPACTFUL CIVIC LEADERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $9,675,656 | ExpenseAmt |
| Revenue | $9,979,492 | RevenueAmt |
| Desc | INGENUITY PREP PUBLIC CHARTER SCHOOL PREPARES STUDENTS TO SUCCEED IN COLLEGE AND BEYOND AS IMPACTFUL CIVIC LEADERS. WITH THIS AIM, THE CHARTER SCHOOL OPENED IN WASHINGTON, DC, IN AUGUST OF 2013 AND INTENDS ON EXPANDING TO SERVE OVER 800 STUDENTS IN PRESCHOOL THROUGH 8TH GRADE. THE CHARTER SCHOOL OFFERS AN EXTENDED-DAY (8 A.M. - 4:00 P.M.) AND EXTENDED-YEAR (190 DAYS + 20 DAYS FOR STUDENTS BELOW GRADE-LEVEL) SCHEDULE, PROVIDING INCREASED OPPORTUNITIES TO DELIVER RIGOROUS INSTRUCTION, ENRICHMENT AND REMEDIATION FOR A WIDE-RANGE OF CONTENT. WITH A TEACHER-STUDENT RATIO UNPARALLELED BY MOST OTHER SCHOOLS, AT INGENUITY PREP, EACH CLASSROOM IS SUPPORTED BY BETWEEN 2-3 HIGHLY-QUALIFIED TEACHERS -- FROM PREK THROUGH ELEMENTARY SCHOOL. WITHIN EACH CLASSROOM AT INGENUITY PREP, THE USE OF MULTIPLE TEACHERS AND DIGITAL LEARNING PLATFORMS CREATES OPPORTUNITIES FOR LOTS OF SMALL GROUP INSTRUCTION TARGETED AT STUDENTS' DIFFERENT LEARNING NEEDS. INGENUITY PREP'S TEACHERS ARE SPECIALIZED (I.E. THEY TEACH A MORE FOCUSED SET OF CONTENT THAN A TRADITIONAL TEACHER). THEY ENGAGE IN EXTENSIVE COACHING AND PROFESSIONAL DEVELOPMENT ON THIS SPECIALIZED SET OF CONTENT, ALLOWING THEM TO DEVELOP A DEEPER FOUNDATION OF CONTENT KNOWLEDGE THAN THEIR "MORE GENERALIZED" TEACHER PEERS AROUND THE CITY. INGENUITY PREP'S TEACHERS ENGAGE IN OVER 300 HOURS A YEAR OF TRAINING -- LED BY SOME OF THE BEST INSTRUCTIONAL LEADERS IN THE CITY. IN A JANUARY '18 SURVEY, 95% OF STAFF AGREED, "I MEET REGULARLY WITH MY MANAGER,- AND, "MY MANAGER CARES ABOUT ME." 89% OF TEACHERS SHARED, "WHEN I GET FEEDBACK AFTER AN OBSERVATION, I RECEIVE SUPPORT TO IMPLEMENT THOSE CHANGES," (VS 55% FOR THE DC CHARTER SECTOR). INGENUITY PREP HAS HAD AVERAGE ANNUAL TEACHER RETENTION BETWEEN 85-90% FOR THE PAST THREE YEARS, FAR EXCEEDING COMPARABLE NATIONAL AND LOCAL AVERAGES. INGENUITY PREP'S HAS AN INNOVATIVE TEACHER CAREER LADDER THAT 1) LEVERAGES AN APPRENTICESHIP MODEL TO SCAFFOLD AND SUPPORT THE GROWTH OF NEW TEACHERS, AND 2) PROVIDES HIGHLY-EFFECTIVE TEACHERS THE OPPORTUNITY TO EARN HIGHLY- COMPETITIVE LEVELS OF COMPENSATION AND MENTOR NEWER TEACHERS. | Desc |
| Total Program Service Expenses | $9,675,656 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 33 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 99 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM STOETZER | PersonNm |
| Phone | 2025620391 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 LIVINGSTON ROAD SE | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20032 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| PETER WINIK | |||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DEBRA SANTOS | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MAURA MARINO | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DERRICK MASHORE | |||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARC BATTLE | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CECILIA KANG | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LYDIA CARLIS | |||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LISA MALLORY | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NICOLE JOHNSON-DOUGLAS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSH RALES | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JIMMY HENDERSON - OUT GOING 5118 | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARLIZ RODRIGUEZ - OUT GOING 52218 | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHERYL BOOKER - OUT GOING | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM STOETZER | |||||||
| CHIEF OPERAT | 40.00 | Yes (X) | $125,653 | $0 | $9,872 | ||
| AARON CUNY | |||||||
| HEAD OF SCHO | 40.00 | Yes (X) | $142,714 | $0 | $10,407 | ||
| ANNA HICKMAN | |||||||
| PRINCIPAL | 40.00 | $106,601 | $0 | $9,243 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $374,968 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $29,522 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| REVOLUTION FOODS INC | |||||
| PO BOX 742759 | LOS ANGELES | CA | 90074 | FOOD SERVICES | $333,235 |
| URBAN TEACHERS | |||||
| 1800 WASHINGTON BLVD | BALTIMORE | MD | 21230 | EMPLOYMENT | $275,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $920,323 | GovernmentGrantsAmt |
| All Other Contributions | $156,887 | AllOtherContributionsAmt |
| Total Contributions | $1,077,210 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PER PUPIL FUNDING | 900099 | $9,901,134 | $9,901,134 |
| BEFORE AND AFTER CARE | 900099 | $78,358 | $78,358 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,979,492 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,408 | TotalRevenueColumnAmt |
| Exclusion | $1,408 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $2,364 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$2,364 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,364 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$2,364 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,055,746 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,977,128 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,408 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $290,690 | TotalAmt |
| Program Services | $218,511 | ProgramServicesAmt |
| Management And General | $57,644 | ManagementAndGeneralAmt |
| Fundraising | $14,535 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,014,652 | TotalAmt |
| Program Services | $4,717,619 | ProgramServicesAmt |
| Management And General | $232,131 | ManagementAndGeneralAmt |
| Fundraising | $64,902 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,362 | TotalAmt |
| Program Services | $60,379 | ProgramServicesAmt |
| Management And General | $3,130 | ManagementAndGeneralAmt |
| Fundraising | $853 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $438,751 | TotalAmt |
| Program Services | $411,199 | ProgramServicesAmt |
| Management And General | $21,652 | ManagementAndGeneralAmt |
| Fundraising | $5,900 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $417,460 | TotalAmt |
| Program Services | $388,658 | ProgramServicesAmt |
| Management And General | $22,608 | ManagementAndGeneralAmt |
| Fundraising | $6,194 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,402 | TotalAmt |
| Program Services | $6,248 | ProgramServicesAmt |
| Management And General | $121 | ManagementAndGeneralAmt |
| Fundraising | $33 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,580 | TotalAmt |
| Program Services | $115,734 | ProgramServicesAmt |
| Management And General | $2,234 | ManagementAndGeneralAmt |
| Fundraising | $612 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $757,556 | TotalAmt |
| Program Services | $712,674 | ProgramServicesAmt |
| Management And General | $43,209 | ManagementAndGeneralAmt |
| Fundraising | $1,673 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,117 | TotalAmt |
| Program Services | $33,117 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,936 | TotalAmt |
| Program Services | $236,415 | ProgramServicesAmt |
| Management And General | $13,753 | ManagementAndGeneralAmt |
| Fundraising | $3,768 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,821 | TotalAmt |
| Program Services | $65,004 | ProgramServicesAmt |
| Management And General | $3,781 | ManagementAndGeneralAmt |
| Fundraising | $1,036 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,435,945 | TotalAmt |
| Program Services | $1,336,874 | ProgramServicesAmt |
| Management And General | $77,764 | ManagementAndGeneralAmt |
| Fundraising | $21,307 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,990 | TotalAmt |
| Program Services | $35,369 | ProgramServicesAmt |
| Management And General | $2,057 | ManagementAndGeneralAmt |
| Fundraising | $564 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,573 | TotalAmt |
| Program Services | $170,908 | ProgramServicesAmt |
| Management And General | $9,941 | ManagementAndGeneralAmt |
| Fundraising | $2,724 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,503 | TotalAmt |
| Program Services | $24,674 | ProgramServicesAmt |
| Management And General | $1,436 | ManagementAndGeneralAmt |
| Fundraising | $393 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICE | $402,643 | $402,643 | ||
| DIRECT STUDENT COSTS | $327,350 | $327,350 | ||
| STAFF DEVELOPMENT | $216,010 | $201,107 | $11,698 | $3,205 |
| OTHER STAFF EXPENSES | $141,775 | $131,993 | $7,678 | $2,104 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,387 | TotalAmt |
| Program Services | $79,180 | ProgramServicesAmt |
| Management And General | $20,195 | ManagementAndGeneralAmt |
| Fundraising | $12 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,336,503 | TotalAmt |
| Program Services | $9,675,656 | ProgramServicesAmt |
| Management And General | $531,032 | ManagementAndGeneralAmt |
| Fundraising | $129,815 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $480,983 | BOYAmt |
| EOY | $56,827 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,505,667 | BOYAmt |
| EOY | $2,413,620 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,668 | BOYAmt |
| EOY | $96,265 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,349 | BOYAmt |
| EOY | $106,727 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,673 | BOYAmt |
| EOY | $109,247 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,580,409 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $545,474 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $967,236 | BOYAmt |
| EOY | $1,034,935 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,112 | BOYAmt |
| EOY | $60,432 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,191,688 | BOYAmt |
| EOY | $3,878,053 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $564,505 | BOYAmt |
| EOY | $550,530 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,446 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $543 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $583,951 | BOYAmt |
| EOY | $551,073 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,607,737 | BOYAmt |
| EOY | $3,326,980 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,607,737 | BOYAmt |
| EOY | $3,326,980 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,191,688 | BOYAmt |
| EOY | $3,878,053 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $719,243 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $642,979 | OtherCostOrOtherBasisAmt |
| Depreciation | $104,011 | DepreciationAmt |
| Book Value | $538,968 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $937,430 | OtherCostOrOtherBasisAmt |
| Depreciation | $441,463 | DepreciationAmt |
| Book Value | $495,967 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,034,935 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $380 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE TAXES | Desc |
| Amt | $163 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $543 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,259,109 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $203,363 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $203,363 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,055,746 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $11,055,746 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,539,866 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $203,363 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $203,363 | ExpensesNotReportedAmt |
| Expenses Subtotal | $10,336,503 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $10,336,503 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE CHARTER SCHOOL'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE INGENUITY PREP PUBLIC CHARTER SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2018 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2018, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2014 THROUGH 2016 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE CHARTER SCHOOL FILES TAX RETURNS. IT IS THE CHARTER SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2018, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE D.C. GOVERNMENT. REVENUE PROCEDURE 75-50 DOES NOT APPLY TO CHARTER SCHOOLS. THE NON-DISCRIMINATORY POLICY IS EXPLICITLY STATED IN THE REGISTRATION APPLICATION AND OUR BROCHURE. |
| SCHEDULE E, LINE 4 | THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE D.C. GOVERNMENT. REVENUE PROCEDURE 75-50 DOES NOT APPLY TO CHARTER SCHOOLS. |
| SCHEDULE E, LINE 6 | INGENUITY PREP PUBLIC CHARTER SCHOOL RECEIVES PUBLIC FUNDS FROM THE DC GOVERNMENT BASED ON THE NUMBER OF STUDENTS THEY ENROLL ACCORDING TO THE UNIFORM PER STUDENT FUNDING FORMULA DEVELOPED BY THE MAYOR AND CITY COUNCIL. THIS PER PUPIL ALLOCATION IS SUPPLEMENTED WITH EXTRA FUNDS FOR STUDENTS WITH SPECIAL NEEDS. THE CHARTER SCHOOL ALSO RECEIVES GOVERNMENTAL ASSISTANCE IN THE FORM OF YEARLY GOVERNMENTAL GRANTS. MOST FUNDS ARE RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION PASSED THROUGH THE OFFICE OF THE STATE SUPERINTENDENT OF EDUCATION IN THE DISTRICT OF COLUMBIA. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AARON CUNY | PersonNm |
| Title | HEAD OF SCHOOL | TitleTxt |
| Base Compensation Filing Org | $142,714 | BaseCompensationFilingOrgAmt |
| Nontaxable Benefits Filing Org | $10,407 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $153,121 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4A | INGENUITY PREP, EACH CLASSROOM IS SUPPORTED BY BETWEEN 2-3 HIGHLY-QUALIFIED TEACHERS -- FROM PREK THROUGH ELEMENTARY SCHOOL. WITHIN EACH CLASSROOM AT INGENUITY PREP, THE USE OF MULTIPLE TEACHERS AND DIGITAL LEARNING PLATFORMS CREATES OPPORTUNITIES FOR LOTS OF SMALL GROUP INSTRUCTION TARGETED AT STUDENTS' DIFFERENT LEARNING NEEDS. INGENUITY PREP'S TEACHERS ARE SPECIALIZED (I.E. THEY TEACH A MORE FOCUSED SET OF CONTENT THAN A TRADITIONAL TEACHER). THEY ENGAGE IN EXTENSIVE COACHING AND PROFESSIONAL DEVELOPMENT ON THIS SPECIALIZED SET OF CONTENT, ALLOWING THEM TO DEVELOP A DEEPER FOUNDATION OF CONTENT KNOWLEDGE THAN THEIR "MORE GENERALIZED" TEACHER PEERS AROUND THE CITY. INGENUITY PREP'S TEACHERS ENGAGE IN OVER 300 HOURS A YEAR OF TRAINING -- LED BY SOME OF THE BEST INSTRUCTIONAL LEADERS IN THE CITY. IN A JANUARY '18 SURVEY, 95% OF STAFF AGREED, "I MEET REGULARLY WITH MY MANAGER,- AND, "MY MANAGER CARES ABOUT ME." 89% OF TEACHERS SHARED, "WHEN I GET FEEDBACK AFTER AN OBSERVATION, I RECEIVE SUPPORT TO IMPLEMENT THOSE CHANGES," (VS 55% FOR THE DC CHARTER SECTOR). INGENUITY PREP HAS HAD AVERAGE ANNUAL TEACHER RETENTION BETWEEN 85-90% FOR THE PAST THREE YEARS, FAR EXCEEDING COMPARABLE NATIONAL AND LOCAL AVERAGES. INGENUITY PREP'S HAS AN INNOVATIVE TEACHER CAREER LADDER THAT 1) LEVERAGES AN APPRENTICESHIP MODEL TO SCAFFOLD AND SUPPORT THE GROWTH OF NEW TEACHERS, AND 2) PROVIDES HIGHLY-EFFECTIVE TEACHERS THE OPPORTUNITY TO EARN HIGHLY- COMPETITIVE LEVELS OF COMPENSATION AND MENTOR NEWER TEACHERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE BOARD TREASURER OF INGENUITY PREP ALONG WITH ITS OUTSOURCED BOOKKEEPING FIRM REVIEW THE DRAFT FORM 990 INFORMATION TAX RETURN, AS PREPARED BY THE ACCOUNTANTS/AUDITORS AND RECOMMENDS IT TO THE FULL BOARD OF DIRECTORS FOR ACCEPTANCE, INCLUDING POSSIBLE REVISIONS. ONCE ACCEPTED, THE 990 TAX RETURN IS EXECUTED BY THE CHIEF OPERATING OFFICER. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICT OF INTEREST POLICY IS CONSTANTLY MONITORED BY ADMINISTRATION PERSONNEL AND THE BOARD OF DIRECTORS THROUGH REVIEW AND APPROVAL PROCEDURES. ANNUALLY BOARD MEMBERS AND STAFF COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS OR CIRCUMSTANCES WHICH THE BOARD OR STAFF MEMBER BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. PROCEDURES: A.PRIOR TO BOARD ACTION ON A CONTRACT OR OTHER TRANSACTION INVOLVING A CONFLICT OF INTEREST, A BOARD MEMBER HAVING A CONFLICT OF INTEREST SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. B.A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN THE DECISION EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. C.THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION. D.STAFF MEMBERS WHO HAVE A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT IS NOT THE SUBJECT OF BOARD ACTION SHALL DISCLOSE TO THE BOARD CHAIR ANY SUCH CONFLICT OF INTEREST. THAT STAFF MEMBER SHALL REFRAIN FROM ANY ACTION THAT MAY AFFECT INGENUITY PREP'S PARTICIPATION IN SUCH CONTRACT OR TRANSACTION. IN THE EVENT IT IS NOT ENTIRELY CLEAR THAT A CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH POTENTIAL CONFLICT SHALL DISCLOSE THE CIRCUMSTANCES TO THE BOARD CHAIR. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE HEAD OF SCHOOL'S COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD THROUGH ITS COMPENSATION COMMITTEE USING WRITTEN EMPLOYMENT CONTRACTS, FORM 990'S OF OTHER ORGANIZATIONS AND OTHER APPROPRIATE INFORMATION RELATED TO COMPARABLE POSITIONS OF SIMILAR SIZED ORGANIZATIONS. OTHER EMPLOYEES' COMPENSATION IS DETERMINED USING SIMILAR SOURCES AND APPROVED BY THE HEAD OF SCHOOL. |
| FORM 990, PAGE 6, PART VI, LINE 19 | ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE FORWARDED TO THE DISTRICT OF COLUMBIA PUBLIC CHARTER SCHOOL BOARD WHICH PROVIDES OVERSIGHT AND DISTRIBUTION OF RELEVANT INFORMATION TO THE PUBLIC. THE FORM 990 IS MADE AVAILABLE UPON REQUEST. IN ADDITION, THE 990 INFORMATION TAX RETURN IS AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR. |
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