2018-03-01T01:28:56-06:00 2017-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2016-07-01 651203744 Achievement First Inc ACHI 2037733223 495 Blake Street New Haven CT 06515 Andrew Boas Chairman 2037733223 2018-02-28 1 KIMBERLY NARDONE P01058771 9592007000 2018-02-27 209.3.217.20 2018-02-28 11:51:55 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 896C1F5B5D42EC59A37A0D46A5820AA48C1A79ED 2016 2021-01-29 14:40:06Z Andrew Boas 495 Blake Street New Haven CT 06515 45632684 0 X www.achievementfirst.org X 2003 CT ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, rhode island, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 10 10 308 30 0 0 23318462 21871823 21962665 22938092 72386 76322 266000 746447 45619513 45632684 11671728 13059770 0 0 21367976 23969727 0 0 843935 9827529 7331313 42867233 44360810 2752280 1271874 15306883 17867190 8060112 9348545 7246771 8518645 X ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, rhode island, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 0 0 15912828 17310510 MANAGEMENT OF CHARTER SCHOOLS IN NEW YORK, Rhode Island AND CONNECTICUT. CONTRIBUTIONS, GIFTS, AND GRANTS WERE RECEIVED BY THE ORGANIZATION WHICH WERE USED TO COVER THE EXPENSES OF THESE PROGRAMS. 13059770 13059770 SCHOOL GRANTS: TO PROVIDE ASSISTANCE TO A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, rhode island, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. CONTRIBUTIONS, GIFTS, AND GRANTS WERE RECEIVED BY THE ORGANIZATION WHICH WERE USED TO COVER THE EXPENSES OF THESE PROGRAMS. 1618254 5703904 ANCILLARY SERVICES: TO PROVIDE BOOKKEEPING, FACILITIES ACQUISITION AND MANAGEMENT, SPECIAL EDUCATION DELIVERY SUPPORT, and DATA ANALYSIS MANAGEMENT SUPPORT. 9439814 670125 Other expenses and revenue 9439814 670125 40030666 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 955 0 1 308 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY CT RI X gaylord bourne cpa 2037733223 495 Blake Street New Haven CT 06515 Andrew Boas chairman 1.00 X X 0 0 0 aNTHONY L DAVIS TREASURER AND SECRETARY 1.00 X X 0 0 0 ARIELA ROZMAN member 1.00 X 0 0 0 DOUG BORCHARD Treasurer/member 1.00 X X 0 0 0 ELISA VILLANUEVA Outgoing member 1.00 X 0 0 0 Elsa Nunez member 1.00 X 0 0 0 Jeanne Melino member 1.00 X 0 0 0 JON D SACKLER member 1.00 X 0 0 0 THOMAS LEHRMAN mEMber 1.00 X 0 0 0 Vincent Dowling member 1.00 X 0 0 0 WILLIAM R BERKLEY member 1.00 X 0 0 0 Dacia Toll Co-CEO and President 40.00 X 286638 0 9980 Douglas Mccurry co-CEO and Superintendent 40.00 X 285940 0 10870 Victor de la paz chief financial officer 40.00 X 72041 0 2500 Amy D'Angelo Regional Superintendent 40.00 X 180376 0 24131 Chastity Lord Chief External Officer 40.00 X 202337 0 24673 Chi Young Tschang Regional Superintendent 40.00 X 186675 0 19362 Max Koltuv Regional Superintendent 40.00 X 195422 0 18157 Ralph Harris Ferrell Chief Operating Officer 40.00 X 221011 0 24881 1630440 0 134554 43 0 1 0 relay graduate school of education 40 w 20th st 7th fl new york NY 10011 education services 310850 transcendinc 159 lincoln ave Hastingsonhudson NY 10706 Cirriculum Development 251435 Jeffrey Imrich 187 pinhurst abe new york NY 10033 curriculum development 132600 Lavinia Group LLC 1 main st brooklyn NJ 11201 curriculum development 104300 4 21871823 21871823 management fee 541610 17310510 17310510 ANCILLARY SCHOOL SERVICES SUPPORT 541610 2765500 2765500 federal e-rate funding 541610 1829865 1829865 charter start up 541610 1032217 1032217 22938092 76322 76322 Curriculum development revenue 900099 744000 744000 Miscellaneous Revenue 900099 2447 2447 746447 45632684 23684539 0 76322 13039770 13039770 20000 20000 774793 668383 82234 24176 19686184 16984102 2085919 616163 140432 120798 15655 3979 1720411 1479882 191792 48737 1647907 1417516 183708 46683 124125 107152 11869 5104 50510 43603 4830 2077 1561029 1347566 149268 64195 189269 175740 13505 24 343174 207110 135376 688 362116 339217 22173 726 1088081 984482 103251 348 707139 527455 170486 9198 34660 31194 3466 201108 201108 8723 4287 4380 56 School Program Support 1588906 1459401 129433 72 Recruitment of School a 255593 242167 13259 167 Professional Developme 138227 108842 28841 544 Governance, advocacy an 43131 23268 2276 17587 635522 497623 134488 3411 44360810 40030666 3486209 843935 576360 108450 5065 9874 5353267 6888493 5942669 5942669 349969 1044418 1659023 1197168 601172 461855 2478381 3411431 15306883 17867190 1499206 1523833 147252 150967 5480190 5514849 933464 2158896 8060112 9348545 X 2482201 2867280 4764570 5651365 7246771 8518645 15306883 17867190 1271874 0 X X 0 1 X 1 1 1 X 20937868 18827529 23318462 21871823 84955682 20937868 18827529 23318462 21871823 84955682 35669578 49286104 109096 109601 180811 192386 76322 668216 47731 820130 88225 146000 746447 1848533 87472431 92986180 0.56340 0.74820 X Schedule A, Part II, Line 10, Explanation of Other Income: other - 2012 Amount: $ 47,731. 2013 Amount: $ 820,130. 2014 Amount: $ 15,725. legal services - 2014 Amount: $ 72,500. 2015 Amount: $ 146,000. Miscellaneous Income - 2016 Amount: $ 2,447. Curriculum development revenue - 2016 Amount: $ 744,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 15679 15679 0 863651 496494 367157 325062 321394 3668 470310 379280 91030 461855 DUE FROM SCHOOLS 3359973 Security Deposit 51458 3411431 DUE TO SCHOOLS 2158896 2158896 X 32592915 -13039769 -13039769 45632684 0 45632684 31321041 0 31321041 13039769 13039769 44360810 Part X, Line 2: AF has no unrecognized tax benefits at June 30, 2017. AF's Federal tax returns prior to fiscal year 2014 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If applicable, AF would recognize interest and penalties associated with tax matters as part of management and general expenses in the statement of activities and changes in net assets and include accrued interest and penalties in accrued expenses in the statement of financial position. AF did not recognize any interest or penalties associated with tax matters for the year ended June 30, 2017. Part XI, Line 2d - Other Adjustments: grants to schools -13,039,769. Part XII, Line 4b - Other Adjustments: grants to schools 13,039,769. 1 achievement first bridgeport academy 403 James Street new haven CT 06513 371543858 501(c)(3) 1616019 0 to support the general operating expenses of the school. Achievement First brooklyn Charter School 403 James Street new haven CT 06513 205118947 501(c)(3) 1433414 0 to support the general operating expenses of the school. achievement first hartford academy 495 Blake Street new haven CT 06515 262236909 501(c)(3) 2910531 0 to support the general operating expenses of the school. ACHIEVEMENT FIRST RHODE ISLAND INC 495 Blake Street new haven CT 06515 461986417 501(c)(3) 885171 0 to support the general operating expenses of the school. AMISTAD ACADEMY INC 495 Blake Street new haven CT 06515 061546695 501(c)(3) 1897719 0 to support the general operating expenses of the school. ELM CITY COLLEGE PREPARATORY INC 495 Blake Street new haven CT 06515 205196171 501(c)(3) 4296916 0 to support the general operating expenses of the school. 6 scholarship 3 20000 fmv scholarship Part I, Line 2: GRANTS GIVEN TO THE SCHOOLS ARE FOR OPERATING AND FACILITY ACQUISITION/RENOVATION EXPENSES. ACHIEVEMENT FIRST, INC. PLAYS AN OVERSIGHT ROLE FOR EACH SCHOOL IN MONITORING FINANCES. X X X 0 0 0 0 0 0 0 1 0 Dacia Toll Co-CEO and President 266497 0 20000 0 141 0 2500 0 9028 0 298166 0 0 0 Douglas Mccurry co-CEO and Superintendent 265729 0 20000 0 211 0 2500 0 9918 0 298358 0 0 0 Amy D'Angelo Regional Superintendent 180256 0 0 0 120 0 2500 0 23011 0 205887 0 0 0 Chastity Lord Chief External Officer 202217 0 0 0 120 0 2500 0 23637 0 228474 0 0 0 Chi Young Tschang Regional Superintendent 186555 0 0 0 120 0 2500 0 18266 0 207441 0 0 0 Max Koltuv Regional Superintendent 195302 0 0 0 120 0 2500 0 17097 0 215019 0 0 0 Ralph Harris Ferrell Chief Operating Officer 220891 0 0 0 120 0 2500 0 23869 0 247380 0 0 0 Part I, Line 7 some of the individuals listed on Form 990, Part VII, received bonuses. These amounts were approved by the board and included in the individuals w-2s. Form 990, Part VI, Section B, line 11b FORM 990 IS GIVEN TO THE BOARD chair WHO REVIEWS IT ON BEHALF OF THE BOARD PRIOR TO SUBMISSION TO THE IRS. form 990 is also reviewed by the controller prior to filing. Form 990, Part VI, Section B, line 12c BOARD MEMBERS ARE REQUIRED ANNUALLY, TO DISCLOSE CONFLICTS OF INTEREST. VENDORS AND OTHER MAJOR CONTRACTORS ARE REQUIRED TO ENSURE THERE ARE NO CONFLICTS OF INTEREST. Form 990, Part VI, Section B, line 15 THE CONCERNED PARTY'S SALARIES ARE DETERMINED THROUGH COMPARISON TO SIMILAR ORGANIZATIONS AND REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, line 19 ALL THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AT NO COST TO THE PUBLIC. THE ORGANIZATION'S FORM 990 IS AVAILABLE BOTH UPON REQUEST AND ON THE WEBSITE WWW.GUIDESTAR.ORG. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.