2019-05-17T14:01:33-05:00 2018-06-30 570381582 ELLIOTT DAVIS LLCPLLC 100 CALHOUN STREET SUITE 300 CHARLESTON SC 29401 990 2017-07-01 204587841 MEETING STREET SCHOOLS MEET 8432661717 200 MEETING STREET NO 206 CHARLESTON SC 29401 SUSAN SHULER TREASURER 8432661717 2019-05-16 1 BRANDON T RENAUD P00743576 8435777040 2019-05-16 76.195.93.34 2019-05-16 14:21:08 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 45EC81BECC795DEE9FCB9BBE4D1F2D11B986C060 2017 2019-02-21 02:37:17Z BENJAMIN NAVARRO 93 BROAD STREET CHARLESTON SC 29401 21088906 0 X WWW.MEETINGSTREETSCHOOLS.ORG X 2006 SC MEETING STREET SCHOOLS (MSS) IS A GROUNDBREAKING INITIATIVE DEDICATED TO THE CREATION OF A NEW MANDATE FOR EDUCATION IN SOUTH CAROLINA AND BEYOND. MSS WAS FOUNDED UPON THE BELIEF THAT ALL CHILDREN DESERVE AN EXCELLENT EDUCATION REGARDLESS OF THEIR GEOGRAPHIC OR SOCIOECONOMIC CIRCUMSTANCES, AND ALL CHILDREN HAVE THE ABILITY TO EXCEL IN THE CLASSROOM. WHERE ACCESS TO QUALITY PUBLIC EDUCATION OR AFFORDABLE PRIVATE ALTERNATIVES IS SEVERELY LIMITED, MSS IS PROVIDING CHILDREN WITH TRANSFORMATIONAL EDUCATIONAL OPPORTUNITIES. 6 5 286 432 0 3263 8229344 11090287 113660 117509 48211 138061 57158 41167 8448373 11387024 0 0 0 0 10348980 13681762 0 0 0 5906363 6778794 16255343 20460556 -7806970 -9073532 35635842 26953321 756606 1144738 34879236 25808583 X MEETING STREET SCHOOLS (MSS) IS A GROUNDBREAKING INITIATIVE DEDICATED TO THE CREATION OF A NEW MANDATE FOR EDUCATION IN SOUTH CAROLINA AND BEYOND. MSS WAS FOUNDED UPON THE BELIEF THAT ALL CHILDREN DESERVE AN EXCELLENT EDUCATION REGARDLESS OF THEIR GEOGRAPHIC OR SOCIOECONOMIC CIRCUMSTANCES, AND ALL CHILDREN HAVE THE ABILITY TO EXCEL IN THE CLASSROOM. WHERE ACCESS TO QUALITY PUBLIC EDUCATION OR AFFORDABLE PRIVATE ALTERNATIVES IS SEVERELY LIMITED, MSS IS PROVIDING CHILDREN WITH TRANSFORMATIONAL EDUCATIONAL OPPORTUNITIES. 0 0 19933286 158676 MEETING STREET SCHOOLS (MSS), OPERATING AS MEETING STREET ACADEMY (MSA-CHARLESTON), OPENED ITS DOORS IN CHARLESTON, SC IN AUGUST 2008 FOR APPROXIMATELY 45 PRESCHOOL CHILDREN, AGED THREE AND FOUR. SINCE THEN, WE HAVE ADDED A GRADE EVERY YEAR AND WE HAVE IMPLEMENTED A YEAR-ROUND SCHOOL YEAR THAT RUNS FROM JULY TO JUNE EACH YEAR. IN JUNE 2015, MSA-CHARLESTON GRADUATED ITS FIRST FIFTH GRADE CLASS. IN JULY OF 2016, MSA-CHARLESTON'S TOTAL NUMBER OF STUDENTS WAS APPROXIMATELY 220 AND APPROXIMATELY 245 STUDENTS IN THE 2017-2018 SCHOOL YEAR.IN JULY 2012, MSA-SPARTANBURG OPENED ITS DOORS TO 37 PRESCHOOLERS AGED THREE AND FOUR. IN APRIL 2016, MSS AND SPARTANBURG DISTRICT 7 MOVED FORWARD WITH PLANS TO BEGIN THE 2016-2017 YEAR AT MSA-SPARTANBURG AS A PUBLIC-PRIVATE PARTNERSHIP. AS OF JULY 2016, MSA-SPARTANBURG ADDED ITS THIRD-GRADE CLASS AND SERVED APPROXIMATELY 180 PREK3 THROUGH THIRD GRADE STUDENTS. DURING THE 2017-2018 SCHOOL YEAR, MSA-SPARTANBURG ADDED ITS FOURTH-GRADE CLASS WITH AN ENROLLMENT OF APPROXIMATELY 200 STUDENTS. IN FEBRUARY 2014, MSS AGREED TO PARTNER WITH THE CHARLESTON COUNTY SCHOOL DISTRICT ("CCSD") UNDER THE SC SCHOOLS OF CHOICE LAW TO OPEN MEETING STREET ELEMENTARY AT BRENTWOOD (MSEB), A PUBLIC-PRIVATE PARTNERSHIP SCHOOL OPEN TO ALL FAMILIES LIVING IN THE NEWLY FORMED ATTENDANCE ZONE IN NORTH CHARLESTON, SC. MSEB OPENED ITS DOORS IN AUGUST OF 2014 TO APPROXIMATELY 120 PREK3, PREK4, KINDERGARTEN, AND FIRST GRADE STUDENTS AND ADDED ON A SUCCESSIVE GRADE EACH YEAR THROUGH FIFTH GRADE IN 2018. IN JULY 2016, MSEB ADDED ITS THIRD-GRADE CLASS, BRINGING ITS TOTAL NUMBER OF STUDENTS TO APPROXIMATELY 450. DURING THE 2017-2018 SCHOOL YEAR, MSEB ADDED ITS FOURTH-GRADE CLASS WITH A TOTAL SCHOOL ENROLLMENT OF APPROXIMATELY 580 STUDENTS. ON MARCH 21, 2016, IN CONJUNCTION WITH THE AMENDED CHARLESTON PARTNERSHIP, MEETING STREET SCHOOLS ENTERED INTO AN AGREEMENT TO TAKE OVER THE MANAGEMENT OF ANOTHER SCHOOL IN CCSD, EDMUND A. BURNS ELEMENTARY SCHOOL ("BURNS"). BURNS WILL BE UNDERGOING RENOVATIONS THROUGH THE 2018-2019 SCHOOL YEAR. BRENTWOOD WAS RESPONSIBLE FOR THE KINDERGARTEN AND 1ST GRADE STUDENTS WHO ARE ZONED FOR BURNS IN THE 2017-2018 SCHOOL YEAR. 19933286 1 1 0 1 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 1 0 0 0 0 1 0 0 0 0 1 35 0 1 286 1 1 1 0 0 0 0 0 0 0 0 0 X 6 5 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 SC X SUSAN SHULER 8432661717 200 MEETING STREET SUITE 206 CHARLESTON SC 29401 BENJAMIN NAVARRO PRESIDENT 1.00 X X 0 0 0 KELLY NAVARRO BOARD MEMBER 1.00 X 0 0 0 SUSAN SHULER TREASURER 1.00 X X 0 0 0 AMY MIMS EXECUTIVE DIRECTOR 40.00 X X 180003 0 13734 CHRISTOPHER ALLEN BOARD MEMBER 1.00 X 0 0 0 GABRIELA DALNEKOFF SECRETARY 1.00 X X 0 0 0 REGINA ROBINSON DIRECTOR OF FINANCE & ACCOUNTING 40.00 X 92881 0 19024 SARAH CAMPBELL PRINCIPAL 40.00 X 181479 0 17558 DIRK BEDFORD PRINCIPAL 40.00 X 126889 0 15604 RAINE HACKLER PRINCIPAL 40.00 X 140253 0 11967 CHAD WEIDEN PRINCIPAL 40.00 X 131943 0 17277 KATIE ROBINSON DIRECTOR OF ACADEMICS & ASSESSMENTS 40.00 X 106513 0 16565 959961 0 111729 6 0 1 0 AMERICAN FUNDS PO BOX 659530 SAN ANTONIO TX 78265 RETIREMENT FUNDS 342609 CRAZY DUTCHMAN CATERING 1823 REYNOLDS AVE NORTH CHARLESTON SC 29405 FOOD SERVICES 293219 STUDENT TRANSPORTATION OF AMERICA INC PO BOX 412179 BOSTON MA 00241 TRANSPORTATION 274984 SOUTHCON BUILDING GROUP 682 JOHNNIE DODDS BLVD SUITE 101 MT PLEASANT SC 29464 CONSTRUCTION 266595 COMPLETE CLEANING SERVICES LLC 3870 LEEDS AVENUE STE 114 NORTH CHARLESTON SC 29405 JANITORIAL SERVICES 224427 5 8298828 2791459 11090287 TUITION AND FEES 611110 117509 117509 117509 138243 138243 9701700 9701882 -182 -182 -182 OTHER INCOME 611110 41167 41167 41167 11387024 158676 0 138061 361482 361482 10661745 10341790 319955 1825219 1791187 34032 833316 814130 19186 1864 1864 51950 51950 218098 218098 1014898 1011697 3201 86279 86279 ACADEMIC SUPPORT 2044606 2044606 OTHER PERSONNEL COSTS 1374298 1374298 REPAIRS AND MAINTENANCE 1329685 1329685 FOOD SERVICES 360370 360370 296746 285943 10803 20460556 19933286 527270 0 498266 1545419 18203664 8640563 227245 491471 20110640 3953793 16658102 16156847 21638 24538 26927 94483 35635842 26953321 612369 706994 144237 437744 756606 1144738 X 34879236 25808583 34879236 25808583 35635842 26953321 -9073532 2879 0 X 0 1 X 1 0 X 20460555 20460555 1000000 250000 0 0 769677 711333 962767 1000000 3443777 5165666 20104 300 20404 192420 177833 240692 250000 860945 1291418 17350836 2587685 14763151 118899 20113 98786 2533331 1345995 1187336 107574 107574 16156847 DUE TO CHARLESTON COUNTY SCHOOL DISTRICT 437744 437744 X 11389900 2876 2876 11387024 0 11387024 20460556 0 20460556 0 20460556 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2018 AND 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MSA CHARLESTON COMPLIES WITH SECTION 4.02 OF REV. PROC. 75-50 BY INCLUDING A NONDISCRIMINATORY STATEMENT IN ALL OF ITS BROCHURES AND CATALOGS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. MEETING STREET SCHOOLS OPERATED TWO PUBLIC SCHOOLS (MSE AT BRENTWOOD AND MSA SPARTANBURG) AND ONE PRIVATE SCHOOL (MSA CHARLESTON.) THE PUBLIC SCHOOLS ARE FREE AND OPEN TO ALL FAMILIES LIVING IN THEIR RESPECTIVE ATTENDANCE ZONE. PURSUANT TO REV. PROC. 75-50, SECTION 4.03(2)(C) MEETING STREET ACADEMY CHARLESTON FOLLOWS THE NONDISCRIMINATORY POLICY BY CURRENTLY ENROLLING STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS, AS FOLLOWS: AFRICAN AMERICAN-91.8%, MIXED RACE-5.2%, HISPANIC-1.3%, WHITE-1.7%. SCHEDULE E, PART I, LINE 6 BRENTWOOD RECEIVES FUNDING FROM THE STATE DEPARTMENT OF EDUCATION THAT IS PASSED THROUGH CCSD. SCHOOL REVENUES ARE ALLOCATED BASED ON A PER PUPIL ALLOCATION CONSISTENT WITH OTHER PUBLIC SCHOOLS IN THE AREA WITH SIMILAR DEMOGRAPHICS. FOR THE YEARS ENDED JUNE 30, 2018 AND 2017, THE ORGANIZATION RECOGNIZED $7,087,830 AND $4,421,427 IN REVENUES PASSED THROUGH CCSD, RESPECTIVELY. SPARTANBURG RECEIVES FUNDING FROM THE STATE DEPARTMENT OF EDUCATION THAT IS PASSED THROUGH THE SPARTANBURG COUNTY SCHOOL DISTRICT 7. SCHOOL REVENUES ARE ALLOCATED BASED ON A PER PUPIL ALLOCATION CONSISTENT WITH OTHER PUBLIC SCHOOLS IN THE AREA WITH SIMILAR DEMOGRAPHICS. FOR THE YEARS ENDED JUNE 30, 2018 AND 2017, THE ORGANIZATION RECOGNIZED $1,210,998 AND $894,545 IN REVENUES PASSED THROUGH THE SPARTANBURG COUNTY SCHOOL DISTRICT 7, RESPECTIVELY. X X 0 0 0 0 0 0 0 0 0 AMY MIMS EXECUTIVE DIRECTOR 180003 0 0 0 0 0 5238 0 8496 0 193737 0 0 0 REGINA ROBINSON DIRECTOR OF FINANCE & ACCOUNTING 82881 0 10000 0 0 0 2738 0 16286 0 111905 0 0 0 SARAH CAMPBELL PRINCIPAL 181479 0 0 0 0 0 5547 0 12011 0 199037 0 0 0 DIRK BEDFORD PRINCIPAL 126889 0 0 0 0 0 3573 0 12031 0 142493 0 0 0 RAINE HACKLER PRINCIPAL 140253 0 0 0 0 0 0 0 11967 0 152220 0 0 0 CHAD WEIDEN PRINCIPAL 131943 0 0 0 0 0 467 0 16810 0 149220 0 0 0 KATIE ROBINSON DIRECTOR OF ACADEMICS & ASSESSMENTS 106513 0 0 0 0 0 0 0 16565 0 123078 0 0 0 BROADWALK DEVELOPMENT LLC OWNED BY SUBSTANTIAL CONTRIBUTORS 247309 LEASE 0 FORM 990, PART VI, SECTION A, LINE 1 VOTING RIGHTS AMONG MEMBERS OF THE GOVERNING BODY ARE AS FOLLOWS: BOARD MEMBERS OF MEETING STREET SCHOOLS: 1. BENJAMIN NAVARRO - PRESIDENT 2. SUSAN SHULER - TREASURER 3. GABRIELA DALNEKOFF - SECRETARY 4. KELLY NAVARRO 5. CHRISTOPHER ALLEN 6. AMY MIMS BOARD MEMBERS OF MSA CHARLESTON LLC: 1. SUSAN SHULER - TREASURER 2. GABRIELA DALNEKOFF - SECRETARY 3. BENJAMIN NAVARRO - PRESIDENT 4. CHRISTOPHER ALLEN 5. KELLY NAVARRO 6. AMY MIMS BOARD MEMBERS OF MSA SPARTANBURG LLC: 1. MICHAEL C. RUSS - TREASURER 2. SUSANNA PRESNELL JOHNSON - SECRETARY 3. BENJAMIN NAVARRO 4. GEORGE JOHNSON, II 5. AMY MIMS BOARD MEMBERS OF BRENTWOOD: 1. BENJAMIN NAVARRO - CHIEF OPERATING OFFICER 2. GABRIELA DALNEKOFF - SECRETARY 3. SUSAN SHULER - TREASURER 4. KELLY NAVARRO 5. CHRISTOPHER ALLEN 6. AMY MIMS BOARD MEMBERS OF MSE BURNS, LLC: 1. BENJAMIN NAVARRO - CHIEF OPERATING OFFICER 2. GABRIELA DALNEKOFF - SECRETARY 3. SUSAN SHULER - TREASURER 4. KELLY NAVARRO 5. CHRISTOPHER ALLEN 6. AMY MIMS FORM 990, PART VI, SECTION A, LINE 2 BENJAMIN NAVARRO AND KELLY NAVARRO HAVE A FAMILY RELATIONSHIP. BENJAMIN NAVARRO HAS A DIRECT BUSINESS RELATIONSHIP WITH SUSAN SHULER AND GABRIELA DALNEKOFF VIA SHERMAN CAPITAL MARKETS. BENJAMIN NAVARRO HAS A DIRECT BUSINESS RELATIONSHIP WITH CHRISTOPHER ALLEN. FORM 990, PART VI, SECTION B, LINE 11B SUSAN SHULER, THE MEETING STREET SCHOOLS'S TREASURER, REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. THE PERIODIC REVIEWS AT A MINIMUM INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATIONS' WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CHAIR REVIEWS LOCAL SCHOOL DISTRICT COMPENSATION DATA AND USES SUCH DATA TO SET SALARIES FOR THE EXECUTIVE DIRECTOR AND ALL OTHER EMPLOYEES BASED COMPARABLE POSITIONS IN THE COMMUNITIES SERVED BY OUR SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND OTHER FINANCIAL DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. MEETING STREET ACADEMY - CHARLESTON LLC 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 611661527 PRIVATE SCHOOL SC 1099168 12967917 MEETING STREET SCHOOLS MEETING STREET ACADEMY - SPARTANBURG LLC 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 383853462 PUBLIC SCHOOL SC 2703394 3207970 MEETING STREET SCHOOLS MEETING STREET ELEMENTARY AT BRENTWOOD 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 611732980 PUBLIC SCHOOL SC 11254455 4932302 MEETING STREET SCHOOLS MSA CHARLESTON REAL ESTATE LLC (INACTIVE) 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 364804310 INACTIVE SC MEETING STREET SCHOOLS MEETING STREET ELEMENTARY AT BURNS LLC 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 352619789 PUBLIC SCHOOL SC 300000 282559 MEETING STREET SCHOOLS LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE