2017-04-28T13:43:32-05:00 2016-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2015-07-01 651203744 Achievement First Inc ACHI 2037733223 495 Blake Street New Haven CT 06515 Andrew Boas Chairman 2037733223 2017-04-20 1 KIMBERLY NARDONE P01058771 9592007000 2015 2021-01-29 14:40:06Z Andrew Boas 495 Blake Street New Haven CT 06515 45619513 0 X www.achievementfirst.org X 2003 CT ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, rhode island, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 10 10 275 30 0 0 18827529 23318462 20214845 21962665 90811 72386 178225 266000 39311410 45619513 16639630 11671728 0 0 18683383 21367976 0 0 1036430 9408371 9827529 44731384 42867233 -5419974 2752280 15772684 15306883 11278193 8060112 4494491 7246771 X ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, rhode island, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 0 0 15657043 15858044 MANAGEMENT OF CHARTER SCHOOLS IN NEW YORK, Rhode Island AND CONNECTICUT. CONTRIBUTIONS, GIFTS, AND GRANTS WERE RECEIVED BY THE ORGANIZATION WHICH WERE USED TO COVER THE EXPENSES OF THESE PROGRAMS. 11671728 11671728 SCHOOL GRANTS: TO PROVIDE ASSISTANCE TO A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, rhode island, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. CONTRIBUTIONS, GIFTS, AND GRANTS WERE RECEIVED BY THE ORGANIZATION WHICH WERE USED TO COVER THE EXPENSES OF THESE PROGRAMS. 1648110 6224621 ANCILLARY SERVICES: TO PROVIDE BOOKKEEPING, FACILITIES ACQUISITION AND MANAGEMENT, SPECIAL EDUCATION DELIVERY SUPPORT, and DATA ANALYSIS MANAGEMENT SUPPORT. 10163343 10163343 39140224 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 818 0 1 275 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY CT X gaylord bourne cpa 2037733223 495 Blake Street New Haven CT 06515 Andrew Boas chairman 1.00 X X 0 0 0 ARIELA ROZMAN member 1.00 X 0 0 0 DOUG BORCHARD treasurer 1.00 X X 0 0 0 ELISA VILLANUEVA member 1.00 X 0 0 0 Elsa Nunez member 1.00 X 0 0 0 JAMES PEYSER outgoing member 1.00 X 0 0 0 Jeanne Melino member 1.00 X 0 0 0 JON D SACKLER member 1.00 X 0 0 0 Tony Davis member 1.00 X 0 0 0 Vincent Dowling member 1.00 X 0 0 0 WILLIAM R BERKLEY member 1.00 X 0 0 0 Dacia Toll Co-CEO and President 40.00 X 258405 0 9218 Douglas Mccurry co-CEO and treasurer 40.00 X 258714 0 8579 Max Polaner chief financial officer 40.00 X 199605 0 26973 Amy D'Angelo Regional Superintendent 40.00 X 167103 0 27088 Chastity Lord Chief External Officer 40.00 X 196150 0 26972 Chi Young Tschang Assistant Superintendent 40.00 X 178548 0 20537 Max Koltuv Assistant Superintendent 40.00 X 184822 0 19468 Ralph Harris Ferrell Chief Operating Officer 40.00 X 216087 0 27757 1659434 0 166592 46 0 1 0 aylon samhouha 1036 w 20th place chicago IL 60608 consulting 274034 relay graduate 40 w 20th st 7th fl new york NY 10011 training services 273380 jeffrey imrich 187 pinehurst ave 5h new york NY 10033 consulting 201927 sung-ae yang 4321 204th st 2nd fl bayside NY 11361 consulting 194860 lavinia group llc 1 main st 5d brooklyn NY 11201 school support services 121100 5 23318462 30150 23318462 management fee 541610 15858044 15858044 ANCILLARY SCHOOL SERVICES SUPPORT 541610 2256105 2256105 federal e-rate funding 541610 1996779 1996779 charter start up 541610 1539737 1539737 after school program 541610 312000 312000 21962665 72386 72386 120000 0 120000 120000 120000 legal services 900099 146000 146000 146000 45619513 22082665 0 218386 11671728 11671728 756384 666584 58063 31737 17291827 15244135 1320377 727315 343445 300106 29807 13532 1367679 1195093 118697 53889 1608641 1405648 139610 63383 80398 60017 13950 6431 71785 53587 12456 5742 480605 358768 83391 38446 371038 346609 16920 7509 622789 581453 40743 593 573917 536958 35992 967 463365 420085 43280 1179830 953498 197982 28350 73065 69057 4008 212780 191502 21278 15594 14217 1377 School Program Support 2176433 1829192 347123 118 Professional Developme 2071378 2023198 45988 2192 Recruitment of School a 587786 520807 41689 25290 Governance, advocacy an 24859 6098 678 18083 821907 691884 117170 12853 42867233 39140224 2690579 1036430 777209 576360 5273 5065 5665520 5353267 5942669 5942669 205705 349969 3259499 2658327 760599 601172 2415709 2478381 15772684 15306883 1053750 1499206 155043 147252 5100000 5480190 4969400 933464 11278193 8060112 X 701759 2482201 3792732 4764570 4494491 7246771 15772684 15306883 2752280 0 X X 0 1 X 1 1 1 X 18165683 29253402 20937868 18827529 23318462 110502944 18165683 29253402 20937868 18827529 23318462 110502944 26462606 84040338 101956 109096 109601 180811 192386 693850 23339 47731 820130 88225 146000 1125425 112322219 79003208 0.74820 0.80610 X Schedule A, Part II, Line 10, Explanation of Other Income: other - 2011 Amount: $ 23,339. 2012 Amount: $ 47,731. 2013 Amount: $ 820,130. 2014 Amount: $ 15,725. legal services - 2014 Amount: $ 72,500. 2015 Amount: $ 146,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 22692 22692 0 863651 599282 264369 323905 311055 12850 2071943 1747990 323953 601172 DUE FROM SCHOOLS 2426923 Security Deposit 51458 2478381 DUE TO SCHOOLS 933464 933464 X 33947785 -11671728 -11671728 45619513 0 45619513 31195505 0 31195505 11671728 11671728 42867233 Part X, Line 2: AF has no unrecognized tax benefits at June 30, 2016. AF's Federal tax returns prior to fiscal year 2013 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If applicable, AF would recognize interest and penalties associated with tax matters as part of management and general expenses in the statement of activities and changes in net assets and include accrued interest and penalties in accrued expenses in the statement of financial position. AF did not recognize any interest or penalties associated with tax matters for the year ended June 30, 2016. Part XI, Line 2d - Other Adjustments: grants to schools -11,671,728. Part XII, Line 4b - Other Adjustments: grants to schools 11,671,728. 1 achievement first bridgeport academy 403 James Street new haven CT 06513 371543858 501(c)(3) 1382082 to support the general operating expenses of the school. Achievement First brooklyn Charter School 403 James Street new haven CT 06513 205118947 501(c)(3) 1652158 to support the general operating expenses of the school. achievement first hartford academy 495 Blake Street new haven CT 06515 262236909 501(c)(3) 1336904 to support the general operating expenses of the school. ACHIEVEMENT FIRST RHODE ISLAND INC 495 Blake Street new haven CT 06515 461986417 501(c)(3) 1116866 to support the general operating expenses of the school. AMISTAD ACADEMY INC 495 Blake Street new haven CT 06515 061546695 501(c)(3) 1134938 to support the general operating expenses of the school. ELM CITY COLLEGE PREPARATORY INC 495 Blake Street new haven CT 06515 205196171 501(c)(3) 3837012 to support the general operating expenses of the school. 6 Part I, Line 2: GRANTS GIVEN TO THE SCHOOLS ARE FOR OPERATING AND FACILITY ACQUISITION/RENOVATION EXPENSES. ACHIEVEMENT FIRST, INC. PLAYS AN OVERSIGHT ROLE FOR EACH SCHOOL IN MONITORING FINANCES. X X X 0 0 0 0 0 0 0 0 0 Dacia Toll Co-CEO and President 258280 0 0 0 125 0 2500 0 6718 0 267623 0 0 0 Douglas Mccurry co-CEO and treasurer 258589 0 0 0 125 0 2500 0 6079 0 267293 0 0 0 Max Polaner chief financial officer 199425 0 0 0 180 0 2500 0 24473 0 226578 0 0 0 Amy D'Angelo Regional Superintendent 166995 0 0 0 108 0 1500 0 25588 0 194191 0 0 0 Chastity Lord Chief External Officer 196030 0 0 0 120 0 2500 0 24472 0 223122 0 0 0 Chi Young Tschang Assistant Superintendent 178440 0 0 0 108 0 2500 0 18037 0 199085 0 0 0 Max Koltuv Assistant Superintendent 184702 0 0 0 120 0 2500 0 16968 0 204290 0 0 0 Ralph Harris Ferrell Chief Operating Officer 215967 0 0 0 120 0 2500 0 25257 0 243844 0 0 0 X 4 30150 fmv 0 0 0 Part I, Column (b): amounts in column b represent the number of contributions. Form 990, Part VI, Section B, line 11 FORM 990 IS GIVEN TO THE BOARD chair WHO REVIEWS IT ON BEHALF OF THE BOARD PRIOR TO SUBMISSION TO THE IRS. form 990 is also reviewed by the controller prior to filing. Form 990, Part VI, Section B, line 12c BOARD MEMBERS ARE REQUIRED ANNUALLY, TO DISCLOSE CONFLICTS OF INTEREST. VENDORS AND OTHER MAJOR CONTRACTORS ARE REQUIRED TO ENSURE THERE ARE NO CONFLICTS OF INTEREST. Form 990, Part VI, Section B, line 15 THE CONCERNED PARTY'S SALARIES ARE DETERMINED THROUGH COMPARISON TO SIMILAR ORGANIZATIONS AND REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, line 19 ALL THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AT NO COST TO THE PUBLIC. THE ORGANIZATION'S FORM 990 IS AVAILABLE BOTH UPON REQUEST AND ON THE WEBSITE WWW.GUIDESTAR.ORG. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.