2017-02-10T12:50:33-06:00 2016-06-30 570381582 ELLIOTT DAVIS DECOSIMO LLC PLLC 100 CALHOUN STREET SUITE 300 CHARLESTON SC 29401 990 2015-07-01 204587841 MEETING STREET SCHOOLS MEET 8432661717 200 MEETING STREET CHARLESTON SC 29401 SUSAN SHULER TREASURER 8432661717 2017-02-10 1 BRANDON T RENAUD P00743576 8435777040 2015 2021-01-29 14:40:06Z BENJAMIN NAVARRO 93 BROAD STREET CHARLESTON SC 29401 17482848 0 X WWW.MEETINGSTREETSCHOOLS.ORG X 2006 SC TO ESTABLISH AND MAINTAIN A RICH AND DYNAMIC LEARNING ENVIRONMENT FOR CHILDREN FROM FAMILIES WHO CARE DEEPLY ABOUT THEIR CHILDREN'S EDUCATION BUT CANNOT AFFORD TRADITIONAL PRIVATE SCHOOL. 9 7 163 598 0 0 25199749 6264352 142580 176711 647 6160 728 35168 25343704 6482391 0 0 0 0 4733573 6935587 0 0 0 2805127 4291071 7538700 11226658 17805004 -4744267 47950812 44116652 537091 1441162 47413721 42675490 X TO ESTABLISH AND MAINTAIN A RICH AND DYNAMIC LEARNING ENVIRONMENT FOR CHILDREN FROM FAMILIES WHO CARE DEEPLY ABOUT THEIR CHILDREN'S EDUCATION BUT CANNOT AFFORD TRADITIONAL PRIVATE SCHOOL. 0 0 10864923 211879 MEETING STREET SCHOOLS OPERATING AS MEETING STREET ACADEMY (MSA-CHARLESTON) OPENED ITS DOORS IN CHARLESTON, SC IN AUGUST OF 2008 FOR APPROXIMATELY 45 PRESCHOOL CHILDREN, AGES 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 OF 2015, MSA-CHARLESTON GRADUATED ITS FIRST FIFTH GRADE CLASS. IN JULY OF 2016, MSA-CHARLESTON'S TOTAL NUMBER OF STUDENTS WAS APPROXIMATELY 220.IN JULY OF 2012 MSA-SPARTANBURG OPENED ITS DOORS TO 37 PRESCHOOLERS, AGES THREE AND FOUR. IN APRIL OF 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 OF 2016 MSA-SPARTANBURG ADDED ITS THIRD GRADE CLASS AND CURRENTLY SERVES APPROXIMATELY 180 PREK3 THROUGH THIRD GRADE STUDENTS.IN FEBRUARY OF 2014, MSS AGREED TO PARTNER WITH THE CHARLESTON COUNTY SCHOOL DISTRICT ("CCSD") UNDER THE SC SCHOOLS OF CHOICE LAW TO OPEN MSEB (MEETING STREET ELEMENTARY AT BRENTWOOD), 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 WILL ADD 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. 10864923 1 1 0 1 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 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 37 0 1 163 1 0 0 0 0 0 0 0 0 0 0 X 9 7 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 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 151827 0 7713 CHRISTOPHER ALLEN DIRECTOR/BOARD MEMBER 40.00 X 84538 0 6341 GABRIELA DALNEKOFF SECRETARY 1.00 X X 0 0 0 SUSANNA PRESNELL JOHNSON DIRECTOR 1.00 X 0 0 0 MICHAEL C RUSS DIRECTOR 1.00 X 0 0 0 GEORGE DEAN JOHNSON III DIRECTOR 1.00 X 0 0 0 SARAH CAMPBELL PRINCIPAL 40.00 X 185000 0 8999 DIRK BEDFORD PRINCIPAL 40.00 X 109026 0 14765 KATHRYN SHORTER FORMER DIRECTOR 0.00 X 140000 0 12632 670391 0 50450 4 1 1 0 SOUTHCON BUILDING GROUP LLC 682 JOHNNIE DODDS BLVD SUITE 101 MT PLEASANT SC 29464 CONSTRUCTION 642597 LS3P ASSOCIATES LTD 205 1/2 KING STREET CHARLESTON SC 29401 ARCHITECT 282238 BUTTERFLY FOUNDATION 498 HOWARD STREET SPARTANBURG SC 29303 FOOD SERVICES 145348 3 2786565 3477787 6264352 TUITION AND FEES 611110 176711 176711 176711 6557 6557 11000060 11000457 -397 -397 -397 OTHER INCOME 611110 35168 35168 35168 6482391 211879 0 6160 395096 395096 5237804 5029405 208399 856451 835556 20895 446236 434548 11688 5250 5250 34400 34400 300 300 220120 220120 721033 719795 1238 68602 68602 ACADEMIC SUPPORT 1412151 1409574 2577 FOOD SERVICES 589381 589381 0 REPAIRS AND MAINTENANCE 519731 519281 450 OTHER PERSONNEL COSTS 512089 512089 208014 200078 7936 11226658 10864923 361735 0 1032511 1193100 36611502 27942776 168438 303096 16251540 1971928 10119409 14279612 16737 22628 2215 375440 47950812 44116652 341739 1441162 17887 0 177465 0 537091 1441162 X 47413721 42675490 47413721 42675490 47950812 44116652 -4744267 6036 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 300 300 11226358 11226658 711333 177833 0 0 312811 769677 711333 1793821 2690732 35104 20104 300 55508 78203 192420 177833 448456 672684 10038107 1328481 8709626 40075 9361 30714 1603365 634086 969279 4569993 4569993 14279612 X 6488427 6036 6036 6482391 0 6482391 11226658 0 11226658 0 11226658 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2012. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AS PUBLISHED IN THE CHARLESTON NEWSPAPER "POST & COURIER AND THE "SPARTANBURG HERALD JOURNAL NOTICE OF NONDISCRIMINATORY POLICY IS, MEETING STREET SCHOOLS ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN WITH ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. 1 0 0 0 0 0 0 0 0 AMY MIMS EXECUTIVE DIRECTOR 151827 0 0 0 0 0 7713 0 0 0 159540 0 0 0 SARAH CAMPBELL PRINCIPAL 185000 0 0 0 0 0 8999 0 0 0 193999 0 0 0 KATHRYN SHORTER FORMER DIRECTOR 140000 0 0 0 0 0 12632 0 0 0 152632 0 0 0 PART I, LINE 4A AGREED TO PAY KATHRYN SHORTER SEVERANCE UP TO SIX MONTHS FROM SEPARATION DATE IN JUNE 2015. BOARDWALK DEVELOPMENT LLC OWNED BY SUBSTANTIAL CONTRIBUTORS 131022 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 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. FORM 990, PART VI, SECTION B, LINE 11 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 C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND OTHER FINANCIAL DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED. MEETING STREET ACADEMY - CHARLESTON LLC 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 611661527 PRIVATE SCHOOL SC -1801839 9538638 MEETING STREET SCHOOLS MEETING STREET ACADEMY - SPARTANBURG LLC 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 383853462 PRIVATE SCHOOL SC -196644 3914055 MEETING STREET SCHOOLS MEETING STREET ELEMENTARY AT BRENTWOOD 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 611732980 PUBLIC SCHOOL SC 1159204 277089 MEETING STREET SCHOOLS MSA CHARLESTON REAL ESTATE LLC 200 MEETING STRET SUITE 206 CHARLESTON SC 29401 364804310 PRIVATE SCHOOL SC MEETING STREET SCHOOLS