2017-03-22T12:32:50-05:00 2016-06-30 133842744 MBAF CPAS LLC 440 PARK AVE SOUTH NEW YORK NY 10016 990 2015-07-01 462339783 NEW VISIONS CHARTER SCHOOLS NEWV 2126455110 205 EAST 42ND ST 4TH FL NEW YORK NY 10017 LIOR EVAN TREASURER 2126455110 2017-02-17 1 MARC TAUB CPA P00236664 2125761400 2015 2021-01-29 14:40:06Z X NISSI JONATHAN 205 EAST 42ND ST 4TH FL NEW YORK NY 10017 13965983 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 7 141 7 0 0 401750 1363 8912473 13957710 39 192 3053 6718 9317315 13965983 0 0 0 0 5267860 9144806 0 0 111662 2597535 3899272 7865395 13044078 1451920 921905 2236975 3579501 499280 919901 1737695 2659600 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 10850610 13964428 THE SCHOOL OPERATES NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE III, NEW VISIONS CHARTER HIGH SCHOOL FOR THE HUMANITIES III, AND NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE IV, WHICH SERVE AS DIVISIONS WITHIN THE SCHOOL. IN FISCAL YEAR 2015, 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 AND TENTH GRADES. THE TENTH GRADE WAS ADDED BEGINNING IN FISCAL YEAR 2015. NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE IV OPENED ITS DOORS TO NINTH GRADE STUDENTS IN SEPTEMBER 2015. 10850610 1 0 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 28 0 1 141 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 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 2.00 X X 0 0 0 ELEANOR APPLEWHAITE BOARD MEMBER 1.00 X 0 0 0 DAVID BRIGGS BOARD MEMBER 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 NISSI JONATHAN PRINCIPAL - AMS III 40.00 X 137946 0 26379 GERALDINE MOLLOY CAMINITI DIR OF SCHOOL OPERATIONS - AMS III 40.00 X 122536 0 21552 SHARON JOHN PRINCIPAL - AMS IV 40.00 X 75962 0 14731 CATHERINE CACHO-LEARY DIR OF SCHOOL OPERATIONS - HUM III THRU JAN 2016 40.00 X 82848 0 12350 PORSCHE COX PRINCIPAL - HUM III SINCE AUG 2015 40.00 X 111070 0 6887 AMEENAH REED DIR OF SCHOOL OPERATIONS - AMS IV 40.00 X 40990 0 2971 JONATHAN SILKOWITZ ASSISTANT PRINCIPAL - AMS III 40.00 X 119768 0 16866 JANIQUE L CAMBRIDGE ASSISTANT PRINCIPAL - AMS III 40.00 X 101774 0 8680 792894 0 110416 5 0 1 0 NEW VISIONS FOR PUBLIC SCHOOLS 205 EAST 42ND ST 4TH FL NEW YORK NY 10017 MANAGEMENT SERVICES 875831 1 1363 1363 STATE AND LOCAL PER PUPIL OPERATI 900099 12658731 12658731 FEES FROM GOVERNMENT CONTRACTS 900099 1298979 1298979 13957710 192 192 OTHER REVENUE 900099 6718 6718 6718 13965983 13964428 0 192 814120 365858 448262 6709468 5551657 1157811 260326 217699 42627 746389 610030 136359 614503 485206 129297 1116617 965331 39624 111662 23580 23299 281 27172 27172 587780 560196 27584 16867 16789 78 255436 228484 26952 498545 490739 7806 136535 131102 5433 79936 77326 2610 INSTRUCTIONAL SUPPLIES 350205 350205 STUDENT SERVICES 251048 251048 EQUIPMENT AND FURNISHIN 236772 225602 11170 FOOD SERVICE 101853 100040 1813 216926 199999 16927 13044078 10850610 2081806 111662 1653235 2430449 100014 175162 372190 746035 2041 7170 480068 278233 106356 201835 3139 18850 2236975 3579501 323809 438857 200000 175471 281044 499280 919901 X 1737695 2659600 1737695 2659600 2236975 3579501 921905 0 X X 0 1 X 1 0 X 347343 213344 133999 132725 64889 67836 201835 DUE TO NYC DEPARTMENT OF EDUCATION 36017 DUE TO RELATED ENTITIES 245027 281044 X 13965983 0 13965983 0 13965983 13044078 0 13044078 0 13044078 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. THE SCHOOL IS SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATION FOR ALL FISCAL YEARS IN WHICH INFORMATIONAL RETURNS WERE FILED. 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 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 137946 0 0 0 0 0 11680 0 14699 0 164325 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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.