2016-02-15T00:00:00-06:00 2015-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2014-07-01 270669712 GEORGIA ONLINE ACADEMY INC GEOR 4049375729 100 EDGEWOOD AVENUE NE NO 915 ATLANTA GA 30303 MONICA HENSON SUPERINTENDENT & CEO 4049375729 2016-02-12 1 MARY JO ALEXANDER P00002534 7709558600 2016-02-12 2014 2016-08-17 19:52:53Z X PROVOST ACADEMY MONICA HENSON 100 EDGEWOOD AVENUE NE NO 915 ATLANTA GA 30303 9855612 0 X WWW.GACHARTERS.ORG X 2009 GA THE MISSION OF GEORGIA ONLINE ACADEMY IS TO PROVIDE HISTORICALLY UNDERSERVED STUDENTS WITH A FLEXIBLE AND HIGHLY INDIVIDUALIZED VIRTUAL HIGH SCHOOL EXPERIENCE. THESE STUDENTS INCLUDE AT-RISK STUDENTS AND GIFTED STUDENTS UNDERSERVED BY THEIR CURRENT EDUCATION INSTITUTIONS. TO THIS END, GEORGIA ONLINE ACADEMY WILL ALSO EMPHASIZE THE SCIENCE, TECHNOLOGY, ENGINEERING AND MATH SKILLS STUDENTS WILL NEED TO SUCCED IN TODAY'S ECONOMY AND ACHIEVE HIGH LEVELS. 6 6 106 6 0 0 13155268 9815532 4867 39813 0 267 0 0 13160135 9855612 0 0 0 0 2280317 3476124 0 0 0 6596218 8498638 8876535 11974762 4283600 -2119150 4839037 2404337 3763317 5147585 1075720 -2743248 X THE MISSION OF GEORGIA ONLINE ACADEMY IS TO PROVIDE HISTORICALLY UNDERSERVED STUDENTS WITH A FLEXIBLE AND HIGHLY INDIVIDUALIZED VIRTUAL HIGH SCHOOL EXPERIENCE. THESE STUDENTS INCLUDE AT-RISK STUDENTS AND GIFTED STUDENTS UNDERSERVED BY THEIR CURRENT EDUCATION INSTITUTIONS. TO THIS END, GEORGIA ONLINE ACADEMY WILL ALSO EMPHASIZE THE SCIENCE, TECHNOLOGY, ENGINEERING AND MATH SKILLS STUDENTS WILL NEED TO SUCCED IN TODAY'S ECONOMY AND ACHIEVE HIGH LEVELS. 0 0 9822526 39813 PROVOST ACADEMY SERVES STUDENT POPULATIONS UNDER-SERVED OR UN-SERVED BY TRADITIONAL EDUCATIONAL INSTITUTIONS, AS WELL AS THOSE WHO NEED ADDITIONAL FLEXIBILITY TO EARN THEIR HIGH SCHOOL DIPLOMA. THESE POPULATIONS INCLUDE: AT-RISK STUDENTS, INCLUDING THOSE WHO ARE PREGNANT AND/OR SOCIALLY MARGINALIZED, STUDENTS WHO HAVE A HIGH PREPONDERANCE OF DROPPING OUT OR BECOMING OTHERWISE DISENGAGED FROM THEIR SCHOOLS, AND STUDENTS WHOSE EDUCATIONAL NEEDS ARE NOT MET BY THEIR LOCAL SCHOOL. ADDITIONALLY, PROVOST ACADEMY WILL SERVE GIFTED STUDENTS WHOSE CURRENT SCHOOLS CANNOT OFFER THE ROBUST, VARIED CURRICULUM THAT PROVOST WILL PROVIDE. 9822526 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 106 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 GA X CANDY VU AVOLON ACCOUNTING & CFO SERVICES 4049375729 235 PEACHTREE STREET NE SUITE 400 ATLANTA GA 30303 SHERRI BREUNIG BOARD CHAIR 3.00 X X 0 0 0 ROBERT BROWN III TREASURER 3.00 X X 0 0 0 HERB JONES BOARD MEMBER 3.00 X 0 0 0 TOYA CAMACHO BOARD MEMBER 3.00 X 0 0 0 DAN SOLES BOARD MEMBER 3.00 X 0 0 0 LATASHA JONES BOARD MEMBER 3.00 X 0 0 0 MONICA HENSON SUPERINTENDENT & CEO 40.00 X 121055 0 8000 CYNTHIA HENRY COO 40.00 X 7686 0 0 JONATHAN E WOODS CHIEF LEADERSHIP OFFICER 40.00 X 74027 0 0 202768 0 8000 1 0 0 0 EDISON LEARNING 2910 HARBORSIDE FINANCIAL CTR JERSEY CITY NJ 07311 E-ACADEMY SOFTWARE AND ADVISOR FEES 5008494 AABS LLC 235 PEACHTREE STREET 400 ATLANTA GA 30303 ACCOUNTING BACK OFFICE AND CFO SERVICE 100203 2 9804014 11518 9815532 CHARGES FOR SERVICES 900099 39813 39813 39813 267 267 9855612 39813 0 267 223472 116126 107346 2559581 2461745 97836 658352 624931 33421 34719 34719 196 196 26420 26420 137860 137860 1065195 399691 665504 25217 25217 809586 743748 65838 248577 230290 18287 1043006 460245 582761 411010 69786 341224 4098 4098 122207 104391 17816 1869 1869 SOFTWARE AND EQUIPMENT 4444637 4442130 2507 REPAIRS AND MAINTENANCE 73761 73761 FOOD SUPPLIES 37321 37321 BANK SERVICE CHARGES 15982 15982 31696 17675 14021 11974762 9822526 2152236 0 4671332 1173219 113838 129081 89343 685430 139951 53867 545479 0 467215 4839037 2404337 36612 132892 3726705 5014693 3763317 5147585 X 0 0 0 0 1075720 -2743248 1075720 -2743248 4839037 2404337 -2119150 -1699818 0 X 0 1 X 0 0 X 2257847 13155268 9815532 25228647 2257847 13155268 9815532 25228647 2762519 22466128 267 267 25228914 44680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 685430 139951 545479 545479 DEFERRED OUTFLOWS OF RESOURCES RELATED TO PENSIONS 467215 467215 LEASE PAYABLE 7907 DUE TO EDISON LEARNING 2268977 PAYROLL LIABILITIES 170507 COMPENSATED ABSENCES 66929 NET PENSION LIABILITY 1839843 DUE TO OTHER GOVERNMENTS 19122 DEFERRED INFLOWS OF RESOURCES RELATED TO PENSIONS 641408 5014693 9855612 0 9855612 0 9855612 11974762 0 11974762 0 11974762 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THIS INFORMATION IS INCLUDED IN ALL LITERATURE, STUDENT HANDBOOK AND ON THE WEB SITE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES STATE AND FEDERAL GOVERNMENTAL FUNDING. FORM 990, PART VI, SECTION B, LINE 11 DRAFT COPY OF THE FORM 990 IS PROVIDED TO BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A ACADEMY BOARD REVIEWS MARKET RATES AND APPROVES COMPENSATION FOR EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990 PART XI LINE 8 THE ACADEMY DETERMINED THAT A RESTATEMENT OF BEGINNING FUND BALANCE OF ITS GENERAL FUND WAS REQUIRED TO PROPERLY REPORT ACCRUED REVENUE IN THE CORRECT PERIOD BASED ON EXPENDITURES INCURRED AND PAID BY THE ACADEMY DURING THE PRIOR PERIOD. ALSO, IN CONJUNCTION WITH THE IMPLEMENTATION OF GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB) STATEMENT NO. 68, ACCOUNTING AND REPORTING FOR PENSION PLANS AN AMENDMENT OF GASB STATEMENT NO. 27, AND GASB STATEMENT NO. 71, PENSION TRANSITION FOR CONTRIBUTIONS MADE SUBSEQUENT TO THE MEASUREMENT DATE . ANAMENDMENT OF GASB STATEMENT NO. 68, THE ACADEMY WAS REQUIRED TO CHANGE ITS ACCOUNTING TREATMENT OF THE PENSION LIABILITIES AND THE RELATED PENSION EXPENSE. THE NEW STANDARD REQUIRES THAT THE ACADEMY'S PROPORTIONATE SHARE OF THE NET PENSION LIABILITY BE RECORDED ON THE STATEMENT OF NET POSITION FOR ITSGOVERNMENTAL ACTIVITIES. THEREFORE, IN CONJUNCTION WITH THE IMPLEMENTATION OF STATEMENT NO. 68 AND 71, A RESTATEMENT WAS REQUIRED TO THE BEGINNING NET POSITION OF GOVERNMENTAL ACTIVITIES TO PROPERLY RECOGNIZE THE ACADEMY'S NET PENSION LIABILITY AND RELATED DEFERRED OUTFLOWS OF RESOURCES FOR CONTRIBUTIONS SUBSEQUENT TO THE MEASUREMENT DATE AS OF THE END OF THE PRIOR PERIOD.