2016-02-25T16:29:42-06:00 2015-06-30 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2014-07-01 522174617 PERRY STREET PREPARATORY PUBLIC CHARTER SCHOOL PERR 2025294400 1800 PERRY ST NE WASHINGTON DC 20018 KELLY SMITH DIRECTOR OF OPERATIONS 2025294400 2016-02-23 1 WILLIAM E TURCO CPA P00369217 3012963600 2014 2016-08-17 19:52:53Z KELLY SMITH 1800 PERRY ST NE WASHINGTON DC 20018 17987209 0 X WWW.PSPDC.ORG X 1999 DC PSPPCS WAS INCORPORATED AS A COLLEGE PREPARATORY PUBLIC CHARTER SCHOOL IN AN EFFORT TO DEVELOP SOCIALLY RESPONSIBLE LEADERS WHILE TRANSFORMING PUBLIC EDUCATION. 8 8 123 35 0 0 1673248 1281064 13337979 11633678 62946 -96832 50941 56986 15125114 12874896 0 0 0 0 9806285 7986982 0 0 6708 5369022 4893660 15175307 12880642 -50193 -5746 27677275 24245424 19182490 15577649 8494785 8667775 X WE ARE A COMMUNITY OF DIVERSE LEARNERS THAT BUILDS RELATIONSHIPS WITH FAMILIES TO EMPOWER STUDENTS TO BECOME COLLEGE-READY AND THRIVE IN A GLOBAL SOCIETY. 0 0 6332495 8174225 ACADEMICS:DESIGNED TO CHALLENGE, ENGAGE, DEVELOP AND SUPPORT LIFELONG LEARNING. IN EACH CLASSROOM, STUDENTS ARE CHALLENGED BY TEACHERS AND PEERS TO GO AFTER HIS/HER BEST. THE TEACHERS FACILITATE STUDENTS THROUGH AN ACADEMICALLY RIGOROUS CURRICULUM THAT IS GEARED TO HELPING THEM BECOME MORE CURIOUS. PSPPCS OFFERS A COMPREHENSIVE, MASTERY-BASED EDUCATIONAL PROGRAM TO ALL STUDENTS THAT IS ROOTED IN RESEARCH-BASED EDUCATIONAL PRACTICE, AND WHICH IS DESIGNED TO ULTIMATELY PREPARE STUDENTS FOR THE RIGORS OF HIGHER EDUCATION. 1891011 1557885 SPECIAL PROGRAMS:SPECIAL EDUCATION PROGRAMMING GEARED TO PROVIDING FOR THE DIVERSE NEEDS OF STUDENTS. NINETY THREE STUDENTS WERE SERVED IN THE SPECIAL EDUCATION PROGRAM. 1685389 1901568 BUILDINGS AND GROUNDS:FACILITATE THE OPERATIONS OF SCHOOL ACTIVITIES AND PROGRAMS. SPECIAL PROGRAMS:SPECIAL EDUCATION PROGRAMMING GEARED TO PROVIDING FOR THE DIVERSE NEEDS OF STUDENTS. SIXTY SEVEN STUDENTS WERE SERVED IN THE SPECIAL EDUCATION PROGRAM. 9908895 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 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 0 0 1 40 0 1 123 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KELLY SMITH 2025294400 1800 PERRY ST NE WASHINGTON DC 20018 CYNTHIA CINDY BROWN PRESIDENT 0.50 X X 0 0 0 HAROLD BARDONILLE VICE CHAIR/INTERIM TREASURE 0.50 X X 0 0 0 VINETTE E BROWN SECRETARY 0.50 X X 0 0 0 CONOR P WILLIAMS PHD BOARD MEMBER 0.50 X X 0 0 0 CONSUELO NELSON BOARD MEMBER 0.50 X 0 0 0 FREDA DENIS-COOPER PARENT BOARD MEMBER 0.50 X 0 0 0 LAKISHA RIVERA PARENT BOARD MEMBER 0.50 X 0 0 0 DARWIN K BAGLEY PARENT BOARD MEMBER 0.50 X 0 0 0 GARRETT MUSHAW CHIEF OPERATING OFFICER 40.00 X 104101 0 10525 SHADWICK JENKINS HEAD OF SCHOOL 40.00 X 129069 0 11689 CORDELIA D POSTELL PRINCIPAL, HIGH SCHOOL 40.00 X 110630 0 18097 TENINA L REEVES PRINCIPAL PK-8 40.00 X 111531 0 12385 455331 0 52696 4 0 0 0 SYSCO FOOD SERVICES P O BOX 1099 JESSUP MD 20794 FOOD SERVICE PRODUCTS 250562 ELITE JANITORIAL 9098 EUCLID AVE MANASSAS VA 20110 CLEANING SERVICES 224416 HMH RECEIVABLES CO LLC 14046 COLLECTIONS CENTER DRIVE CHICAGO IL 60683 PROVIDED STAFF TRAINING 136472 EDOPS 1611 CONNECTICUT AVE SUITE 200 WASHINGTON DC 20009 ACCOUNTING SERVICES 133486 ON TARGET 1025 1ST ST SE 904 WASHINGTON DC 20003 EDUCATIONAL SUPPORT 125952 12 1217991 63073 1152 1281064 PER PUPIL ALLOCATION 900099 10023984 10023984 FACILITIES STIPEND 900099 1511374 1511374 STUDENT FEES 900099 75462 75462 FOOD SERVICE FUNDS 900099 22858 22858 11633678 75094 75094 4940387 5112313 -171926 -171926 -171926 OTHER INCOME 900099 56986 56986 56986 12874896 11633678 0 -39846 193409 161112 32115 182 6233058 5160413 1066326 6319 132794 118400 14379 15 823344 734097 89155 92 604377 500305 103972 100 97416 97416 57334 57334 538568 538568 831029 629477 201552 979414 741874 237540 42787 42787 266441 201820 64621 1119015 847616 271399 155893 118084 37809 DIRECT STUDENT EXPENSES 349340 349340 FOOD SERVICE 233033 233033 PCSB ADMINISTRATION FEE 124492 124492 BOND AMORTIZATION 92622 70158 22464 6276 379 5897 12880642 9908895 2965039 6708 5320658 6853771 611833 545850 169781 131097 20666217 5977132 15596431 14689085 5076611 1255933 901961 769688 27677275 24245424 634372 748293 753985 513213 12114656 12114656 3716694 1962783 2201487 19182490 15577649 X 8130904 8335524 363881 332251 8494785 8667775 27677275 24245424 -5746 178736 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5462019 5462019 4962019 500000 5462019 4462019 500000 4962019 3962019 500000 4462019 5441735 1479716 3962019 1.00000 0 0 16930335 3092217 13838118 79042 32200 46842 2716054 2186762 529292 940786 665953 274833 14689085 DEFERRED RENT 2034619 CAPITAL LEASE PAYABLE 166868 2201487 X 13141245 178736 87613 266349 12874896 0 12874896 12968255 87613 87613 12880642 0 12880642 PART V, LINE 4: THE BOARD OF TRUSTEES HAS DESIGNATED A PORTION OF THE FUNDS AND ESTABLISHED A FACILITIES FUND, WHICH WILL BE UTILIZED TOWARD THE ACQUISITION OF A SCHOOL FACILITY AND APPROVED LEASEHOLD IMPROVEMENTS OF THE FACILITIES CURRENTLY UNDER THE LEASE. IT IS THE BOARD'S GOAL TO USE THE FACILITIES FUND FOR CAPITAL IMPROVEMENTS AND TO LIQUIDATE DEBT INCURRED IN CAPITAL IMPROVEMENTS. THE BALANCE IN THIS FUND IS ADJUSTED ANNUALLY BY THE CHANGE IN NET ASSETS ON AN ACCRUAL BASIS. PART X, LINE 2: THE SCHOOL IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE SCHOOL HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2015 AND 2014. 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 SCHOOL MAINTAINS A RACIALLY NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION AND U.S. DEPARTMENT OF AGRICULTURE. A DISTRICT OF COLUMBIA REVENUE BONDS 536001131 2010-05-13 12625000 FACILITY RENOVATION 0 0 0 A 510344 12625000 12625000 2010 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11 THE SCHOOL DISTRIBUTES THE 990 TO THE BOARD OF TRUSTEES AND DIRECTOR OF OPERATIONS FOR REVIEW. THE DOCUMENT IS REVIEWED, DISCUSSED, AND APPROVED PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL DISTRIBUTES THE POLICY TO EVERY BOARD MEMBER. EVERY BOARD MEMBER ACKNOWLEDGES THAT THEY HAVE RECEIVED AND READ THE POLICY AND DISCLOSES WHETHER THERE ARE ANY CONFLICTS OF INTEREST EACH YEAR. THE SIGNED COPIES OF THE CONFLICT OF INTEREST FORM ARE KEPT IN THE BUSINESS OFFICE. ALL EMPLOYEES SIGN A STATEMENT SAYING THAT THEY HAVE READ AND UNDERSTOOD THE CONTENTS OF THE EMPLOYEE HANDBOOK. IN THE HANDBOOK EMPLOYEES ARE ENCOURAGED TO AVOID BECOMING INVOLVED IN ACTIVITIES THAT CONFLICT WITH PERRY STREET PREP DUTIES AND RESPONSIBILITIES. REGARDLESS OF THE SOURCE OR VALUE OF ANY GIFT, CASH, OR FAVOR, EMPLOYEES AND ANY MEMBERS OF THE EMPLOYEE'S FAMILY MUST DECLINE ANY GIFT OFFERED UNDER CIRCUMSTANCES INDICATING THAT ITS PURPOSE IS TO INFLUENCE THE EMPLOYEE IN THE PERFORMANCE OF HIS/HER JOB. IN ADDITION, EMPLOYEES MUST REFUSE ANY GIFTS OF NOMINAL VALUE IF THEY ARE PART OF A PATTERN OR PRACTICE WHICH, WHEN VIEWED AS A WHOLE, WOULD BE CONSIDERED LAVISH OR EXPENSIVE. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL'S BOARD MEMBERS DETERMINE THE COMPENSATION OF THE HEAD OF SCHOOL AND OTHER KEY EMPLOYEES BY RESEARCHING COMPETITIVE SALARIES VIA THE 990'S OF OTHER ORGANIZATIONS, INDEPENDENTLY GENERATED SALARY SURVEYS AND THE EVALUATION OF EMPLOYEE'S PERFORMANCE. THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATIONS OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FURTHER, AS PART OF OUR REPORTING REQUIREMENTS WITH THE PUBLIC CHARTER SCHOOL BOARD, MANY OF THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC VIA THEIR WEBSITE.