FURP.ORG / PUBLIC DATA EXPLORER

STAMFORD ACADEMY INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
STAMFORD ACADEMY INC (EIN 77-0641722)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-15
IRS object ID
201831359349301048
Schema version
2016v3.0
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

FieldValueIRS element (for citing)
Return2018-05-15T08:48:50-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'Connor Davies LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13001 Summer Street 5th Floor EastAddressLine1Txt
CityStamfordCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06905ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770641722EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STAMFORD ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTAMBusinessNameControlTxt
Phone2033244277PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line183 LOCKWOOD AVENUEAddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP069024201ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTina MathiasPersonNm
Person TitletreasurerPersonTitleTxt
Phone2033244277PhoneNum
Signature2018-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGarrett M HigginsPreparerPersonNm
PTINP00543209PTIN
Phone2033232400PhoneNum
Preparation2018-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAndrea WellerPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line183 LOCKWOOD AVENUEAddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP069024201ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,735,914GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.STAMFORDACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionSTAMFORD ACADEMY IS A CHARTER SCHOOL THAT OPERATES AS A PUBLIC HIGH SCHOOL IN STAMFORD, CT.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee46TotalEmployeeCnt
Total Volunteers35TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,976,817PYContributionsGrantsAmt
CY Contributions Grants$2,733,734CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$5,329PYOtherRevenueAmt
CY Other Revenue$2,180CYOtherRevenueAmt
PY Total Revenue$2,982,146PYTotalRevenueAmt
CY Total Revenue$2,735,914CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,827,688PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,953,632CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$36,690CYTotalFundraisingExpenseAmt
PY Other Expenses$1,130,577PYOtherExpensesAmt
CY Other Expenses$774,348CYOtherExpensesAmt
PY Total Expenses$2,958,265PYTotalExpensesAmt
CY Total Expenses$2,727,980CYTotalExpensesAmt
PY Revenues Less Expenses$23,881PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$7,934CYRevenuesLessExpensesAmt
Total Assets BOY$634,117TotalAssetsBOYAmt
Total Assets EOY$583,693TotalAssetsEOYAmt
Total Liabilities BOY$385,666TotalLiabilitiesBOYAmt
Total Liabilities EOY$327,308TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$248,451NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$256,385NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSTAMFORD ACADEMY IS A CHARTER SCHOOL THAT OPERATES AS A PUBLIC HIGH SCHOOL IN THE CITY OF STAMFORD. ITS MISSION IS TO CREATE A POSITIVE LEARNING ENVIRONMENT FOR STUDENTS WHO HAVE BEEN UNSUCCESSFUL IN THE TRADITIONAL PUBLIC SCHOOL SETTING. THE ACADEMY PURSUES THIS MISSION BY LOWERING CLASS SIZE, LENGTHENING THE SCHOOL DAY, PROVIDING MORE STRUCTURE, AND DEVELOPING STRONG RELATIONSHIPS WITH EACH STUDENT AND FAMILY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,399,054ExpenseAmt
DescSTAMFORD ACADEMY IS A CHARTER SCHOOL THAT OPERATES AS A PUBLIC HIGH SCHOOL IN THE CITY OF STAMFORD. ITS MISSION IS TO CREATE A POSITIVE LEARNING ENVIRONMENT FOR STUDENTS WHO HAVE BEEN UNSUCCESSFUL IN THETRADITIONAL PUBLIC SCHOOL SETTING. THE ACADEMY PURSUES THIS MISSION BY LOWERING CLASS SIZE, LENGTHENING THE SCHOOL DAY, PROVIDING MORE STRUCTURE, AND DEVELOPING STRONG RELATIONSHIPS WITH EACH STUDENT AND FAMILY.Desc
Total Program Service Expenses$2,399,054TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee46EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form1098 C Filed0Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Domus Kids Inc attn Edwin NavalBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2033244277PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line183 LOCKWOOD AVENUEAddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
noah lapine
chair1.00Yes (X)Yes (X)$0$0$0
tina mathias
TREASURER1.00Yes (X)Yes (X)$0$0$0
Meredith Kennedy
SECRETARY/SCHOOL TEACHER40.00Yes (X)Yes (X)$56,272$0$27,137
jerry berkman
director1.00Yes (X)$0$0$0
marty brennan
director1.00Yes (X)$0$0$0
marc bennett
director1.00Yes (X)$0$0$0
Heather TARRANT
Director1.00Yes (X)$0$0$0
Bion Piepmeier
director1.00Yes (X)$0$0$0
Andrea WELLER
School Principal40.00Yes (X)$101,820$0$13,334
FieldValueIRS element (for citing)
Total Reportable Comp From Org$158,092TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$40,471TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1domus kids incBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line183 lockwood avenueAddressLine1Txt
CitystamfordCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd
FieldValueIRS element (for citing)
ServicesShared Services Fees/ReimbursementServicesDesc
Compensation$863,532CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$2,315,317GovernmentGrantsAmt
All Other Contributions$418,417AllOtherContributionsAmt
Noncash Contributions$14,625NoncashContributionsAmt
Total Contributions$2,733,734TotalContributionsAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther incomeDesc
Business900099BusinessCd
Total Revenue Column$2,180TotalRevenueColumnAmt
Exclusion$2,180ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,180OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,735,914TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,180ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$200,065TotalAmt
Program Services$175,546ProgramServicesAmt
Management And General$21,364ManagementAndGeneralAmt
Fundraising$3,155FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,333,912TotalAmt
Program Services$1,170,434ProgramServicesAmt
Management And General$142,446ManagementAndGeneralAmt
Fundraising$21,032FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$16,755TotalAmt
Program Services$14,702ProgramServicesAmt
Management And General$1,789ManagementAndGeneralAmt
Fundraising$264FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$310,116TotalAmt
Program Services$272,110ProgramServicesAmt
Management And General$33,116ManagementAndGeneralAmt
Fundraising$4,890FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$92,784TotalAmt
Program Services$81,413ProgramServicesAmt
Management And General$9,908ManagementAndGeneralAmt
Fundraising$1,463FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,129TotalAmt
Program Services$19,695ProgramServicesAmt
Management And General$2,434ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$19,819TotalAmt
Program Services$17,639ProgramServicesAmt
Management And General$2,180ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,165TotalAmt
Program Services$1,927ProgramServicesAmt
Management And General$238ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$39,438TotalAmt
Program Services$34,957ProgramServicesAmt
Management And General$4,481ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$32,751TotalAmt
Program Services$30,646ProgramServicesAmt
Management And General$2,105ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$24,604TotalAmt
Management And General$24,604ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$55,932TotalAmt
Program Services$55,932ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,268TotalAmt
Program Services$1,268ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,970TotalAmt
Program Services$6,226ProgramServicesAmt
Management And General$744ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$63,300TotalAmt
Program Services$56,337ProgramServicesAmt
Management And General$6,963ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
shared services fees$373,303$327,553$39,864$5,886
student support service$131,744$131,744
Other program expenses$829$829
Miscellaneous EXPenses$96$96

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,727,980TotalAmt
Program Services$2,399,054ProgramServicesAmt
Management And General$292,236ManagementAndGeneralAmt
Fundraising$36,690FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$567,317BOYAmt
EOY$498,812EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,727BOYAmt
EOY$9,519EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$249,817LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$174,455LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$52,073BOYAmt
EOY$75,362EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$634,117BOYAmt
EOY$583,693EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$207,169BOYAmt
EOY$119,754EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$178,497BOYAmt
EOY$207,554EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$385,666BOYAmt
EOY$327,308EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$186,253BOYAmt
EOY$198,704EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$62,198BOYAmt
EOY$57,681EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$248,451BOYAmt
EOY$256,385EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$634,117BOYAmt
EOY$583,693EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$7,934ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$44,835OtherCostOrOtherBasisAmt
Depreciation$19,271DepreciationAmt
Book Value$25,564BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$204,982OtherCostOrOtherBasisAmt
Depreciation$155,184DepreciationAmt
Book Value$49,798BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$75,362TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
due to Domus Kids$131,892
due to trailblazers academy$75,662
FieldValueIRS element (for citing)
Total Liability$207,554TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,936,282TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$200,368DonatedServicesAndUseFcltsAmt
Revenue Not Reported$200,368RevenueNotReportedAmt
Revenue Subtotal$2,735,914RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,735,914TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,928,348TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$200,368DonatedServicesUseFcltsAmt
Expenses Not Reported$200,368ExpensesNotReportedAmt
Expenses Subtotal$2,727,980ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,727,980TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
Explanationthe school is generally exempt from income tax under section 501(c)(3) of the U.S. Internal Revenue Code. 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 periods prior to July 1, 2014.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3THE ACADEMY HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH Newspaper or broadcast media, and ITS BROCHURES, CATALOGUES AND OTHER WRITTEN COMMUNICATIONS.
Schedule E, Part I, Line 6STAMFORD ACADEMY RECEIVES GRANTS THROUGHOUT THE YEAR FROM VARIOUS LOCAL, STATE, AND FEDERAL GOVERNMENTAL AGENCIES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part V, LINE 7H:Stamford Academy received a donated van from domus kids, inc. Stamford Academy did not file a form 1098-c since domus kids, inc. is a nonprofit organization.
Form 990, Part VI, Section B, line 11bTHE FORM 990 INFORMATION IS ASSEMBLED BY Domus kids, inc's CHIEF FINANCIAL OFFICER WITH ASSISTANCE FROM OTHER STAFF. THE INFORMATION IS SENT TO STAMFORD ACADEMY'S INDEPENDENT AUDIT & TAX FIRM WHO COMPLETES AND REVIEWS THE RETURN. THE COMPLETED RETURN IS REVIEWED BY DOMUS CFO AND THE STAMFORD ACADEMY FINANCE & AUDIT COMMITTEE. AFTER INCORPORATING ANY RECOMMENDATIONS OR MODIFICATIONS, THE 990 IS FINALIZED AND SENT ELECTRONICALLY TO THE STAMFORD ACADEMY BOARD OF DIRECTORS for consideration and approval PRIOR TO FILING WITH THE IRS.
Form 990, Part VI, Section B, line 12cAt the beginning of each fiscal year board members and the school director are required to sign a statement indicating that they are familiar with the academy's policy and that they either have no conflicts or REPORT whatever conflicts they may have. POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AND REVIEWED AT THE BOARD MEETING. ANY OFFICER OR DIRECTOR DEEMED TO HAVE A CONFLICT OF INTEREST MUST RECUSE HIMSELF/HERSELF FROM DISCUSSIONS AND DECISIONS ON THE TRANSACTION WHICH HE/SHE IS A PART OF.
Form 990, Part VI, Section B, line 15aThe Board of Directors of Stamford Academy reviews and approves compensation of school personnel as part of the overall review and approval process of the annual budget. They use 990s of other schools and salary information from Stamford and neighboring districts. This includes compensation of the school principal. The SA Board notifies the Domus CFO of the approved compensation as documented in the minutes. The School Board last approved compensation in September 2017.
Form 990, Part VI, Section C, line 19the organization makes its governing documents, conflict of interest policy and financial statements available to the general public upon request. Currently, Financial statements and public versions of the 990s are available on domus kids' website: www.domuskids.org. In the future, Financial statements and public versions of the 990s will be available on stamford Academy's website.
Form 990, Part XII, Line 2c:THE ACADEMY HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR.