2018-04-20T11:29:52-05:00 2017-06-30 454084437 Warren Averett LLC Six Concourse Parkway Suite 600 Atlanta GA 30328 990 2016-07-01 811114844 PURPOSE BUILT SCHOOLS ATLANTA INC PURP 4048026300 3445 PEACHTREE RD NE SUITE 175 ATLANTA GA 30326 Ryan Shepard PRESIDENT 4048026300 2018-04-12 1 Susan Hill P00846200 7703961100 2018-04-12 209.136.244.2 2018-04-12 10:47:19 ED P 4426F4BC73F1ED0FB234B578EE4ACBC2F07C229E 4426F4BC73F1ED0FB234B578EE4ACBC2F07C229E 2016 2021-01-29 14:40:06Z Ryan Shepard 3445 PEACHTREE RD NE SUITE 175 ATLANTA GA 30326 8900874 0 X N/A X 2016 GA TO OPERATE ONE OR MORE "TURNAROUND" SCHOOLS IN THE ATLANTA PUBLIC SCHOOL SYSTEM, THEREBY PROMOTING EDUCATION, LESSENING THE BURDENS OF GOVERNMENT AND OTHERWISE ADVANCING SUBSTANTIAL EXEMPT PURPOSES. 4 4 118 2 0 0 0 8894792 0 4758 0 37 0 1287 0 8900874 0 0 0 0 0 6611182 0 0 0 0 2265199 0 8876381 0 24493 0 4145803 0 4121310 0 24493 X TO OPERATE ONE OR MORE "TURNAROUND" SCHOOLS IN THE ATLANTA PUBLIC SCHOOL SYSTEM, THEREBY PROMOTING EDUCATION, LESSENING THE BURDENS OF GOVERNMENT AND OTHERWISE ADVANCING SUBSTANTIAL EXEMPT PURPOSES. 0 0 8121220 4758 Purpose Built Schools Atlanta ("PBSA") had an outstanding first school year (from July 2016 to May 2017), in which we opened Thomasville Heights Elementary School ("THES") with slightly more than 400 students; increased parent engagement 7-fold during the course of the year (as measured by attendance at Parent Teacher Conferences); reduced transiency by one-third from 39% to 25%; reduced out of school suspensions by 46%; increased student achievement by 11 percentile points (the second highest gain in APS); and had the 14th largest gain in CCRPI of any elementary school in the State. In the first half of our second school year (from July 2017 through December 2017) we added Slater Elementary School and Price Middle School, effectively tripling in size to 1,350 students. Below is a narrative summary of some highlights of the current academic year. Enrollment growth. One of our key indicators of success is whether we are attracting families back to their neighborhood school. We inherited two schools (Thomasville Heights and Price) that are significantly under-enrolled. We will be adding Carver High School in July, which has seen its enrollment plummet by 40% since 2013. Importantly, our combined enrollment grew by 8.6% in 2017-18, from 1237 students last year to 1,343 this year (excluding Pre-K). Notably, Thomasville Heights, the one school we operated for a full year, grew by 14%. In addition, we added a second Pre-K class of 22 students at THES this year (not included in the 14% growth figure). We believe the significant growth of our schools this year is an important sign of success and community acceptance. Parent Engagement. We continue to increase parent involvement across the cluster. While there are many ways to think about parent engagement and we interact with parents on multiple levels through our Family Engagement Team we use attendance at Parent-Teacher Conferences as our measure for how well we are engaging parents. From August to November (2017) we increased engagement by 6 percentile points to 25% for the entire Cluster. Employment Initiative. Through our Parents as Leaders program ("PALS") we employ 30 community residents and parents at our schools. Each person in the program works up to 30 hours per week in a variety of jobs in the school (from bus driver and crossing guard, to cafeteria monitor and after-school aide, and other needed positions). This program not only serves as a vehicle for reentry into the workforce (many of our PALS participants have not worked in years), but it also invests parents deeply in the success of the school. Our PALS parents are some of our biggest advocates. One of our outstanding PALS parents has graduated from the program last year to a full-time position as Parent Liaison this year; she was recently promoted to a full-time job as part of our Family Engagement Team. Carver HS Transition. We are actively working on the transition to operate Carver High School beginning in July 2018. We have a small team working full-time on this effort. We have hired a Principal (we retained the current Principal, Yusuf Muhammad, a graduate of New Leaders for New Schools in NYC); we have interviewed all existing staff; we are getting ready to start our recruiting/interview process for new teachers; and we are mapping out our curriculum. 8121220 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 118 1 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 GA X BRITNEY BARRO 6783061217 3330 CUMBERLAND BLVD ATLANTA GA 30339 X CHERYL LOMAX CHAIR 2.00 X 0 0 0 GREGORY GIORNELLI Chief Executive Officer 40.00 X X 0 0 0 INGRID SAUNDERS-JONES DIRECTOR 2.00 X 0 0 0 SHIRLEY FRANKLIN DIRECTOR 2.00 X 0 0 0 SEAN BRAZIER VICE PRESIDENT 40.00 X 0 0 0 VINICE DAVIS COO 40.00 X 0 0 0 0 0 0 0 0 0 0 TRACE STAFFING SOLUTIONS INC POB 628388 ORLANDO FL 328628388 STAFFING SERVICES 135018 SURROUND PROTECTION AND INVESTIGATION POB 361344 DECATUR GA 30036 SECURITY SERVICES 121596 EDISON LEARNING 5130 PARKWAY PLAZA BLVD CHARLOTTE NC 282171964 ACCOUNTING AND PROCUREMENT SERVICES 120127 3 6050484 2844308 8000 8894792 After School Program 611710 4758 4758 4758 37 37 Miscellaneous Reveneue 611710 1287 1287 1287 8900874 4758 0 1324 76919 76919 5176854 5118411 58443 656185 656185 544407 544407 156817 156817 44175 44175 40980 40980 176396 151275 25121 11375 11375 523875 523875 102179 102179 586038 586038 3149 3149 17083 17083 23965 21855 2110 48102 48102 LIBRARY, TEXTBOOKS AND 248220 248220 COMMUNITY DEVELOPMENT 100079 100079 AFTER SCHOOL PROGRAM 94551 94551 Instruction - Work Stud 78250 78250 166782 134783 31999 8876381 8121220 755161 0 0 251899 698257 2285000 0 272356 0 494535 157656 21855 0 135801 0 2955 0 5000 0 4145803 0 1136245 0 2985065 0 4121310 X 0 0 0 0 0 24493 0 24493 0 4145803 24493 0 X 0 1 X 1 0 X 0 8894792 8894792 8894792 8894792 1840390 7054402 0 37 37 1287 1287 8896116 4758 X SCHEDULE A PART I - PUBLIC CHARITY STATUS THE ORGANIZATION's original public charity classification as outlined in its determination letter is a school described in SECTION 170(b)(1)(a)(ii). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17890 522 17368 139766 21333 118433 135801 X 9139374 238500 238500 8900874 0 8900874 9114881 238500 238500 8876381 0 8876381 Part X, Line 2: Management does not believe there are any uncertain tax positions as defined by FASB ASC 740, Income Taxes. PBSA could be subject to income tax examinations for its U.S. federal tax filings for the current tax year and its previous filing for 2015 still open under the statute of limitations. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 THE NONDISCRIMINATION POLICY IS PUBLISHED ANNUALLY IN THE FULTON COUNTY DAILY REPORT AND IN ALL BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. Schedule E, Part I, Line 6 MOST REVENUE IS RECEIVED FROM ATLANTA PUBLIC SCHOOLS. Form 990, Part VI, Section A, line 2 THE FOLLOWING INDIVIDUALS ARE RELATED TO EACH OTHER BY A BUSINESS RELATIONSHIP: GREGORY GIORNELLI SEAN BRAZIER SHIRLEY FRANKLIN Form 990, Part VI, Section B, line 11b The 990 will be reviewed by the Chief Operating Officer, the Finance Committee and Board prior to filing. Form 990, Part VI, Section B, line 12c ALL BOARD MEMBERS MAKE AN ANNUAL STATEMENT TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Section B, line 15 PBSA bases senior leader compensation on an analysis of similar positions in local public and charter school districts. The analysis included a review of the individual's skills, professional work experience, and degrees obtained. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND PRESENTED TO THE PUBLIC IN REGULARLY SCHEDULED BOARD OF DIRECTOR MEETINGS OCCURING BI-MONTHLY THROUGHOUT THE YEAR.