2018-03-21T09:49:18-05:00 2017-06-30 133842744 MBAF CPAS LLC 440 PARK AVE SOUTH NEW YORK NY 10016 990 2016-07-01 462339783 NEW VISIONS CHARTER SCHOOLS NEWV 2126455110 205 EAST 42ND ST 4TH FL NEW YORK NY 10017 JEREMIAH THOMAS TREASURER 2126455110 2018-03-21 1 MARC TAUB CPA P00236664 2125761400 72.46.249.68 2018-03-21 09:42:48 ED P 41E1C8714713EF28BB7DAD0282B51229DE293DD1 9EA095EF102093DCE5F3173A0CA77B6CAE3B495E 2016 2021-01-29 14:40:06Z NISSI JONATHAN 205 EAST 42ND ST 4TH FL NEW YORK NY 10017 18698140 0 X WWW.NEWVISIONS.ORG X 2012 NY NEW VISIONS CHARTER SCHOOLS ENDEAVORS TO EXTEND EQUALLY TO PROVIDE ALL STUDENTS; REGARDLESS OF THEIR PREVIOUS ACADEMIC HISTORY, WITH THE HIGHEST QUALITY EDUCATION IN AN ATMOSPHERE OF RESPECT, RESPONSIBILITY AND SAFETY. 7 7 180 9 0 0 1363 403300 13957710 18207995 192 376 6718 86469 13965983 18698140 0 0 0 0 9144806 12058880 0 0 18627 3899272 4464736 13044078 16523616 921905 2174524 3579501 5893918 919901 1059794 2659600 4834124 X NEW VISIONS CHARTER SCHOOLS ENDEAVORS TO EXTEND EQUALLY TO PROVIDE ALL STUDENTS; REGARDLESS OF THEIR PREVIOUS ACADEMIC HISTORY, WITH THE HIGHEST QUALITY EDUCATION IN AN ATMOSPHERE OF RESPECT, RESPONSIBILITY AND SAFETY. 0 0 14371715 18286366 THE SCHOOL OPERATES NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE III, NEW VISIONS CHARTER HIGH SCHOOL FOR THE HUMANITIES III, NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE IV, AND NEW VISIONS CHARTER HIGH SCHOOL FOR THE HUMANITIES IV WHICH SERVE AS DIVISIONS WITHIN THE SCHOOL. IN FISCAL YEAR 2017, NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE III AND NEW VISIONS CHARTER HIGH SCHOOL FOR THE HUMANITIES III OPERATED CLASSES FOR STUDENTS IN NINTH, TENTH, ELEVENTH, AND TWELFTH GRADES. THE TWELFTH GRADE WAS ADDED BEGINNING IN FISCAL YEAR 2017. NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE IV OPERATED CLASSES FOR STUDENTS IN NINTH AND TENTH GRADES AND OPENED ITS DOORS TO ELEVENTH GRADE STUDENTS IN SEPTEMBER 2017. NEW VISIONS CHARTER HIGH SCHOOL FOR THE HUMANITIES IV OPENED ITS DOORS TO NINTH GRADE STUDENTS IN SEPTEMBER 2017. 14371715 1 1 0 0 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 0 0 0 0 0 0 0 0 0 0 1 37 0 1 180 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X CYNTHIA RIETSCHA 2126455110 205 EAST 42ND ST 4TH FL NEW YORK NY 10017 JENNELLA YOUNG CHAIRPERSON 2.00 X X 0 0 0 LIOR EVAN TREASURER 2.00 X X 0 0 0 RONALD CHALUISAN SECRETARY THRU SEPT 2016 2.00 X X 0 0 0 ELEANOR APPLEWHAITE BOARD MEMBER 1.00 X 0 0 0 DAVID BRIGGS BOARD MEMBER THRU DEC 2016 1.00 X 0 0 0 DYANE JONES BOARD MEMBER 1.00 X 0 0 0 ANDREA HARGETT BOARD MEMBER 1.00 X 0 0 0 ROSE DE PINTO BOARD MEMBER 1.00 X 0 0 0 JERRY THOMAS BOARD MEMBER 1.00 X 0 0 0 NISSI JONATHAN PRINCIPAL - AMS III 40.00 X 144716 0 25857 GERALDINE MOLLOY CAMINITI DIR OF SCHOOL OPERATIONS - AMS III 40.00 X 126489 0 19560 SHARON JOHN PRINCIPAL - AMS IV 40.00 X 133634 0 25542 KATHERINA RODRIGUEZ DIR OF SCHOOL OPERATIONS - HUM III 40.00 X 68379 0 9706 PORSCHE COX PRINCIPAL - HUM III 40.00 X 136142 0 17297 AMEENAH REED DIR OF SCHOOL OPERATIONS - AMS IV 40.00 X 104182 0 17733 HANNAH KEHN PRINCIPAL - HUM IV 40.00 X 0 0 0 JONATHAN SILKOWITZ ASSISTANT PRINCIPAL - AMS III 40.00 X 127721 0 16572 JANIQUE L CAMBRIDGE ASSISTANT PRINCIPAL - AMS III 40.00 X 109845 0 14958 MARGARET MIRANDA ASSISTANT PRINCIPAL - AMS III 40.00 X 104046 0 9464 SYLVIA HARRIS ASSISTANT PRINCIPAL - HUM III 40.00 X 113181 0 8768 WILLIAM ROMNEY ASSISTANT PRINCIPAL - AMS IV 40.00 X 113347 0 9383 1281682 0 174840 11 0 1 0 NEW VISIONS FOR PUBLIC SCHOOLS 205 EAST 42ND ST 4TH FL NEW YORK NY 10017 MANAGEMENT SERVICES 1225558 1 403300 403300 STATE AND LOCAL PER PUPIL OPERATI 900099 16641340 16641340 FEES FROM GOVERNMENT CONTRACTS 900099 1566655 1566655 18207995 376 376 OTHER REVENUE 900099 86469 78371 8098 86469 18698140 18286366 0 8474 877650 382978 494672 8931492 7750140 1181352 417761 373900 43861 1048943 893891 155052 783034 650801 132233 1456640 1406674 31339 18627 53180 52115 1065 30591 30591 644014 630478 13536 23734 22610 1124 297718 285378 12340 505120 493149 11971 131383 129017 2366 105248 103479 1769 STUDENT SERVICES 358065 358065 INSTRUCTIONAL SUPPLIES 286872 286872 UTILITIES 156091 143910 12181 FOOD SERVICE 145851 144559 1292 270229 263699 6530 16523616 14371715 2133274 18627 2430449 4519461 175162 200449 746035 959471 7170 3183 608218 409616 201835 198602 18850 12752 3579501 5893918 438857 648764 200000 281044 411030 919901 1059794 X 2659600 4834124 2659600 4834124 3579501 5893918 2174524 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 431885 301660 130225 176333 107956 68377 198602 DUE TO NYC DEPARTMENT OF EDUCATION 69091 DUE TO RELATED ENTITIES 341939 411030 X 18698140 0 18698140 0 18698140 16523616 0 16523616 0 16523616 PART X, LINE 2: THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE FEDERAL AND NEW YORK STATE JURISDICTIONS. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS FOR FISCAL YEARS BEFORE 2014. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. MANAGEMENT BELIEVES THAT ITS NONPROFIT STATUS WOULD BE SUSTAINED UPON EXAMINATION. SHOULD THERE BE INTEREST ON UNDERPAYMENTS OF INCOME TAX, THE SCHOOL WOULD CLASSIFY IT AS "INTEREST EXPENSE." THE SCHOOL WOULD CLASSIFY PENALTIES IN CONNECTION WITH UNDERPAYMENTS OF INCOME TAX AS "OTHER EXPENSE." 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON ITS WEBSITE. SCHEDULE E, PART I, LINE 4 THE SCHOOL HAS NOT AWARDED SCHOLARSHIPS OR FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 NYC DEPARTMENT OF EDUCATION AWARDS PER PUPIL AND SPECIAL EDUCATION GRANTS TO NEW VISIONS CHARTER SCHOOLS FOR THE SCHOOL TO CARRY OUT ITS MISSION. X X 0 0 0 0 0 0 0 0 0 NISSI JONATHAN PRINCIPAL - AMS III 144716 0 0 0 0 0 12110 0 13747 0 170573 0 0 0 SHARON JOHN PRINCIPAL - AMS IV 133634 0 0 0 0 0 11415 0 14127 0 159176 0 0 0 PORSCHE COX PRINCIPAL - HUM III 136142 0 0 0 0 0 10943 0 6354 0 153439 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY MBAF CPA'S, LLC, AN INDEPENDENT ACCOUNTING FIRM, BASED ON INFORMATION PROVIDED BY THE DIRECTOR OF FINANCE OF THE CMO ORGANIZATION CONTRACTED BY NEW VISIONS CHARTER SCHOOLS. THE COO, DIRECTOR OF FINANCE, AND CONTROLLER OF THE CMO REVIEWS THE DRAFT DOCUMENT. IN ADDITION, A COPY OF THE DRAFT IS SENT TO THE SCHOOL PRINCIPALS AND MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C UPON ACCEPTANCE OF EMPLOYMENT, EMPLOYEES SIGN ACKNOWLEDGING RECEIPT OF AND COMPLIANCE WITH THE EMPLOYEE GUIDELINES WHICH STATES EXPLICITLY THAT EMPLOYEES CANNOT ENGAGE IN ACTIVITIES WHICH PRESENT A CONFLICT OF INTEREST FOR THE SCHOOL. POTENTIAL/REAL CONFLICTS ARE REVIEWED BY THE COO AND PRINCIPAL OF THE SCHOOL AND THE COO OF THE CMO ORGANIZATION AND RESOLVED. EMPLOYEES ARE NOT PERMITTED TO CONTINUE ACTIVITIES THAT POSE A REAL CONFLICT. BEFORE EACH BOARD ELECTION, BOARD MEMBERS ARE ASKED TO DISCLOSE ANY POTENTIAL /REAL CONFLICT THAT MAY IMPACT THEIR GOVERNANCE ROLE. BOARD MEMBERS WITH A REAL CONFLICT WILL NOT BE PERMITTED TO ASSUME A BOARD ROLE. ALL CONFLICTS ARE HANDLED ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 SALARY COMPENSATION FOR THE PRINCIPALS, ASSISTANT PRINCIPALS, AND COO IS DETERMINED AND APPROVED BY THE BOARD TRUSTEES AND THE CMO. IN DETERMINING COMPENSATION, THE BOARD AND CMO WILL REFER TO PUBLISHED SALARY SURVEYS AND INDEPENDENT RESEARCH AS DEEMED NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.