2017-05-10T10:33:54-05:00 2016-06-30 271728945 PKF O'CONNOR DAVIES LLP 3001 SUMMER STREET 5TH FL EAST STAMFORD CT 06905 990 2015-07-01 770641722 STAMFORD ACADEMY INC STAM 2033244277 83 LOCKWOOD AVENUE STAMFORD CT 069024201 TINA MATHIAS TREASURER 2033244277 2017-05-08 1 GARRETT M HIGGINS P00543209 2033232400 2017-05-08 2015 2021-01-29 14:40:06Z ANDREA WELLER 83 LOCKWOOD AVENUE STAMFORD CT 069024201 2982146 0 X WWW.STAMFORDACADEMY.ORG X 2004 CT STAMFORD ACADEMY IS A CHARTER SCHOOL THAT OPERATES AS A PUBLIC HIGH SCHOOL IN STAMFORD, CT. 7 6 43 35 0 0 2837460 2976817 0 0 0 0 7824 5329 2845284 2982146 0 0 0 0 1973955 1827688 0 0 36549 813493 1130577 2787448 2958265 57836 23881 623806 634117 399236 385666 224570 248451 X STAMFORD ACADEMY IS A CHARTER SCHOOL THAT OPERATES AS A PUBLIC HIGH SCHOOL IN THE CITY OF STAMFORD. ITS MISSION IS TO CREATE A POSITIVE LEARNING ENVIRONMENT FOR STUDENTS WHO HAVE BEEN UNSUCCESSFUL IN THE TRADITIONAL PUBLIC SCHOOL SETTING. THE ACADEMY PURSUES THIS MISSION BY LOWERING CLASS SIZE, LENGTHENING THE SCHOOL DAY, PROVIDING MORE STRUCTURE, AND DEVELOPING STRONG RELATIONSHIPS WITH EACH STUDENT AND FAMILY. 0 0 2567994 STAMFORD ACADEMY IS A CHARTER SCHOOL THAT OPERATES AS A PUBLIC HIGH SCHOOL IN THE CITY OF STAMFORD. ITS MISSION IS TO CREATE A POSITIVE LEARNING ENVIRONMENT FOR STUDENTS WHO HAVE BEEN UNSUCCESSFUL IN THETRADITIONAL PUBLIC SCHOOL SETTING. THE ACADEMY PURSUES THIS MISSION BY LOWERING CLASS SIZE, LENGTHENING THE SCHOOL DAY, PROVIDING MORE STRUCTURE, AND DEVELOPING STRONG RELATIONSHIPS WITH EACH STUDENT AND FAMILY. 2567994 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 1 0 0 0 1 6 0 43 1 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X EDWIN NAVAL 2033244277 83 LOCKWOOD AVENUE STAMFORD CT 06902 NOAH LAPINE CHAIR 1.00 X X 0 0 0 MARTY BRENNAN TREASURER 1.00 X X 0 0 0 JERRY BERKMAN DIRECTOR 1.00 X 0 0 0 TINA MATHIAS DIRECTOR 1.00 X 0 0 0 MEREDITH KENNEDY SECRETARY/SCHOOL TEACHER 40.00 X X 57723 0 27394 MARC BENNETT DIRECTOR 1.00 X 0 0 0 YOLANDA PARHAM DIRECTOR 1.00 X 0 0 0 MICHAEL DUGGAN EXECUTIVE DIRECTOR 5.00 35.00 X 0 271068 35254 MARINA SCHREIBER COO (THRU 10/2015) 5.00 35.00 X 0 106205 5364 EDWIN NAVAL CHIEF FINANCIAL OFFICER 5.00 35.00 X 0 128048 14080 CRAIG BAKER CHIEF EDUCATION OFFICER 10.00 30.00 X 0 155118 4210 JULIE DEGENNARO ASSOCIATE EXECUTIVE DIRECTOR 5.00 35.00 X 0 192799 18810 57723 853238 105112 0 0 1 0 DOMUS KIDS INC 83 LOCKWOOD AVENUE STAMFORD CT 06902 SHARED SERVICES FEES 295106 1 11475 425000 2333992 206350 2976817 OTHER INCOME 900099 5329 5329 5329 2982146 0 0 5329 86315 74372 10460 1483 1396753 1203505 169268 23980 23027 19841 2791 395 230626 198718 27949 3959 90967 78381 11024 1562 21250 18675 2575 5543 4872 671 180 158 22 42841 37650 5191 33455 30628 2827 29779 1888 27891 62684 62684 85 85 2877 2528 349 58673 51563 7110 SHARED SERVICES FEES 706297 615533 85594 5170 STUDENT SUPPORT SERVICE 162021 162021 OTHER PROGRAM EXPENSES 4892 4892 2958265 2567994 353722 36549 543839 567317 66739 14727 778 0 219557 167484 12450 52073 623806 634117 165730 207169 233506 178497 399236 385666 X 161293 186253 63277 62198 224570 248451 623806 634117 23881 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29200 17857 11343 190357 149627 40730 52073 DUE TO AFFILIATES 178497 178497 X 3182514 200368 200368 2982146 0 2982146 3158633 200368 200368 2958265 0 2958265 PART X, LINE 2: STAMFORD ACADEMY IS GENERALLY EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. STAMFORD ACADEMY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT STAMFORD ACADEMY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. STAMFORD ACADEMY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JULY 1, 2013. 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 ACADEMY HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH ITS BROCHURES, CATALOGUES AND OTHER WRITTEN COMMUNICATIONS. SCHEDULE E, PART I, LINE 6 STAMFORD ACADEMY RECEIVES GRANTS THROUGHOUT THE YEAR FROM VARIOUS LOCAL, STATE, AND FEDERAL GOVERNMENTAL AGENCIES. 0 0 0 0 0 0 0 1 0 MICHAEL DUGGAN EXECUTIVE DIRECTOR 0 186068 0 85000 0 0 0 7680 0 27574 0 306322 0 0 CRAIG BAKER CHIEF EDUCATION OFFICER 0 151868 0 3250 0 0 0 3040 0 1170 0 159328 0 0 JULIE DEGENNARO ASSOCIATE EXECUTIVE DIRECTOR 0 183549 0 9250 0 0 0 7480 0 11330 0 211609 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF DOMUS KIDS, INC. CONVENES PRIOR TO THE START OF FISCAL YEAR TO REVIEW THE COMPENSATION OF THE EXECUTIVE DIRECTOR. BEFORE APPROVAL, THE COMMITTEE GATHERS INFORMATION FROM ORGANIZATIONS COMPARABLE TO DOMUS KIDS, INC., TRAILBLAZERS ACADEMY, INC. AND STAMFORD ACADEMY, INC. AND FROM INDUSTRY STANDARDS, INCLUDING FORM 990 OF OTHER ORGANIZATIONS. THE EXECUTIVE COMMITTEE NOTIFIES THE CHIEF FINANCIAL OFFICER IN WRITING OF APPROVED COMPENSATION AMOUNTS. PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED A BONUS FROM THE ORGANIZATION. THE AMOUNT WAS INCLUDED IN FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (D): MEREDITH KENNEDY - $250 PERFORMANCE BONUSES ARE AWARDED TO EMPLOYEES AT THE END OF FISCAL YEAR DEPENDING ON INDIVIDUAL EMPLOYEE AND OVERALL ORGANIZATION PERFORMANCE. BONUSES ARE PROPOSED BY MANAGEMENT AND APPROVED BY THE EXECUTIVE COMMITTEE OF DOMUS KIDS, INC. TO ENSURE THAT THE BONUSES PAID ARE REASONABLE FOR THE SERVICES PROVIDED. FORM 990, PART VI, SECTION A, LINE 4 IN FY2016, STAMFORD ACADEMY AMENDED ITS BYLAWS TO REFLECT CHARTER SCHOOL LAWS AND BEST PRACTICES FOR SCHOOL AND PUBLIC ENTITY GOVERNANCE. THE FOLLOWING CHANGES WERE MADE: - REMOVED DOMUS KIDS, INC. AS ITS SOLE MEMBER - ADDED A REQUIREMENT THAT ONE DIRECTOR BE A TEACHER AT THE ACADEMY AND ONE DIRECTOR BE A CURRENT PARENT OF A STUDENT ATTENDING THE ACADEMY - INCREASED BOARD TERM LIMITS FROM 1 YEAR TO 2 YEARS - ADDITIONAL SECTIONS WERE ADDED DETAILING THE ROLE OF THE BOARD INCLUDING ITS GENERAL AND SPECIFIC DUTIES, VOTING PROCEDURES, AND THE ADOPTION OR AMENDMENT OF POLICIES FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 INFORMATION IS ASSEMBLED BY THE CHIEF FINANCIAL OFFICER WITH ASSISTANCE FROM OTHER STAFF. THE INFORMATION IS SENT TO STAMFORD ACADEMY'S INDEPENDENT AUDIT & TAX FIRM WHO COMPLETES AND REVIEWS THE RETURN. THE COMPLETED RETURN IS REVIEWED BY MANAGEMENT AND THE FINANCE & AUDIT COMMITTEE. AFTER INCORPORATING ANY RECOMMENDATIONS OR MODIFICATIONS, THE 990 IS FINALIZED AND SENT ELECTRONICALLY TO THE BOARD OF DIRECTORS FOR CONSIDERATION AND APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH FISCAL YEAR BOARD MEMBERS, THE CHIEF EDUCATION OFFICER, AND THE SCHOOL DIRECTOR ARE REQUIRED TO SIGN A STATEMENT INDICATING THAT THEY ARE FAMILIAR WITH THE ACADEMY'S POLICY AND THAT THEY EITHER HAVE NO CONFLICTS OR LIST WHATEVER CONFLICTS THEY MAY HAVE. POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AND REVIEWED AT THE BOARD MEETING. ANY OFFICER OR DIRECTOR DEEMED TO HAVE A CONFLICT OF INTEREST MUST RECUSE HIMSELF/HERSELF FROM DISCUSSIONS AND DECISIONS ON THE TRANSACTION WHICH HE/SHE IS A PART OF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FINANCIAL STATEMENTS AND PUBLIC VERSIONS OF THE 990S ARE AVAILABLE ON THE WEBSITE, WWW.DOMUSKIDS.ORG. FORM 990, PART XII, LINE 2C: THE ACADEMY HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR. DOMUS KIDS INC 83 LOCKWOOD AVE STAMFORD CT 06902 060891998 SOCIAL SERVICES FOR YOUTH, CHILDREN AND FAMILIES CT 501(C)(3) LINE 7 N/A 0 TRAILBLAZERS ACADEMY INC 83 LOCKWOOD AVE STAMFORD CT 06902 061552368 CHARTER SCHOOL FOR MIDDLE SCHOOL AGE CHILDREN CT 501(C)(3) LINE 2 DOMUS KIDS INC 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0