2016-05-02T14:31:45-05:00 2015-06-30 621336737 CROSSLIN & ASSOCIATES PC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2014-07-01 272163445 STEM PREPARATORY ACADEMY STEM 6159212200 1162 FOSTER AVENUE NASHVILLE TN 37211 DR KRISTIN MCGRANER EXECUTIVE DIRECTOR 6159212204 2016-05-02 1 KEVIN E HICKMAN P01235796 6153205500 2014 2016-08-17 19:52:53Z DR KRISTIN MCGRANER 1162 FOSTER AVENUE NASHVILLE TN 37211 4658179 0 X WWW.STEMPREPACADEMY.ORG X 2010 TN TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH EIGHTH GRADE STUDENTS IN SOUTH NASHVILLE. 7 7 73 50 0 0 3065175 4630559 14617 27620 -27560 0 0 0 3052232 4658179 0 0 0 0 1854038 2634772 0 0 0 1271756 1501990 3125794 4136762 -73562 521417 1526802 2526784 1115198 1936395 411604 590389 X TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH EIGHTH GRADE STUDENTS IN SOUTH NASHVILLE. 0 0 3156266 27620 IN 2015, STEM CELEBRATED ITS FIFTH ANNIVERSARY OF SERVING THE FAMILIES OF THE SOUTH NASHVILLE COMMUNITY. THOUGH MUCH HAS CHANGED SINCE THE INAUGURAL YEAR, OUR COMMITMENT TO OUR STUDENTS AND THEIR FAMILIES CONTINUES TO PERSIST. STEM SERVES A UNIQUE, HIGHLY DIVERSE POPULATION AND HAS ESTABLISHED A TRACK RECORD OF OUTSTANDING ACADEMIC RESULTS, ACHIEVED WITH UNMATCHED FISCAL EFFICIENCY. STEM CONTINUES TO OUTPERFORM PEER SCHOOLS THROUGHOUT THE STATE ACROSS ALL SUBJECT AREAS, RANKING FIRST IN MATH GROWTH AND THIRD IN READING GROWTH.SINCE ITS INCEPTION, STEM HAS ACCOUNTED FOR 100% OF THE "EXCELLING" SEATS IN THE CLUSTER, AS DETERMINED BY THE SCHOOL DISTRICT'S ACADEMIC PERFORMANCE FRAMEWORK. MOREOVER, ENGLISH LEARNERS ACHIEVE LANGUAGE PROFICIENCY ON AVERAGE IN ONE TO TWO YEARS AT STEM, COMPARED TO FIVE TO SEVEN YEARS IN DISTRICT EL PROGRAMS.FOR MORE INFORMATION REGARDING STEM PREP'S 2015 ACADEMIC ACCOMPLISHMENTS, PLEASE CONTACT THE SCHOOL'S EXECUTIVE DIRECTOR, DR. KRISTIN MCGRANER, AT THE ADDRESS OR TELEPHONE NUMBER STATED ON PAGE 1 OF THE FORM 990. 3156266 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 16 0 1 73 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 0 1 1 0 TN X CFO BUSINESS STRATEGIES 6155911381 501 CORPORATE CENTRE DRIVE STE 350 FRANKLIN TN 37067 DR LESLIE WISNER-LYNCH CHAIRPERSON 2.00 X X 0 0 0 DRS KEITH HARGROVE VICE CHAIR 2.00 X X 0 0 0 JOSEPH DICKSON SECRETARY 2.00 X X 0 0 0 KIM THOMASON TREASURER 2.00 X X 0 0 0 TOD FETHERLING BOARD DIRECTOR 2.00 X 0 0 0 DR JULIE HUDSON BOARD DIRECTOR 2.00 X 0 0 0 JENNIFER MONTLARY BOARD DIRECTOR 2.00 X 0 0 0 DR KRISTIN L MCGRANER EXECUTIVE DIRECTOR 40.00 X 132906 0 0 132906 0 0 1 0 0 0 GRAY LINE TENNESSEE 2416 MUSIC VALLEY DRIVE STE 102 NASHVILLE TN 37214 BUS TRANSPORTATION 327877 METRO NASHVILLE PUBLIC SCHOOLS - ERER B 2601 BRANSFORD AVENUE NASHVILLE TN 37204 EMPLOYEE RESOURCES 319180 DWC CONSTRUCTION COMPANY INC 800 6TH AVENUE S 100 NASHVILLE TN 37203 BUILDING RENOVATION 196854 BATEMAN SENIOR MEALS 440 ALLIED DRIVE NASHVILLE TN 37211 STUDENT MEALS 193226 4 4355280 275279 4630559 PROGRAM SERVICE FEES 611110 22659 22659 SCHOOL LUNCH PROGRAM 722210 3552 3552 MISCELLANEOUS 611110 1409 1409 27620 4658179 27620 0 0 132906 66453 66453 2054252 1673549 380703 90557 80039 10518 196318 173516 22802 160739 142069 18670 53219 53219 35381 35381 46957 46957 124742 124742 71720 417 71303 227802 182242 45560 320727 320727 14145 14145 37449 37449 166385 133108 33277 FOOD SERVICES 191309 191309 INSTRUCTIONAL MATERIALS 156946 156946 STAFF DEVELOPMENT 41145 35891 5254 RECRUITMENT 13765 13765 298 298 4136762 3156266 980496 0 383431 936450 30009 58582 62344 39571 1547616 283208 1051018 1264408 0 227773 1526802 2526784 240025 325251 130669 305911 744504 849965 0 455268 1115198 1936395 X 411604 590389 411604 590389 1526802 2526784 X 521417 -342632 X 0 1 X 1 1 1 X FORM 990, PART IV, LINE 1 STEM PREPARATORY ACADEMY RECEIVED A PUBLIC CHARITY STATUS UNDER SECTION 170(B)(1)(A)(IV) ESTABLISHING THEM AS PUBLIC CHARITY. HOWEVER, STEM IS A SCHOOL WHOSE PRIMARY FUNCTION IS THE PRESENTATION OF FORMAL INSTRUCTION, WHICH REGULARLY HAS A FACULTY, A CURRICULUM, AN ENROLLED BODY OF STUDENTS, AND A PLACE WHERE EDUCATIONAL ACTIVITIES ARE REGULARLY CONDUCTED. THUS, OUR PRIMARY PURPOSE IS THAT OF A SCHOOL WHICH IS CLASSIFIED UNDER SECTION 170(B)(1)(A)(II). THIS DIFFERENTIATION HAS BEEN STATED, AS ALLOWED, IN ORDER TO FULFILL THE REPORTING REQUIREMENTS OF OUR CONTRIBUTIONS ON SCHEDULE B OF THE FORM 990. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 863253 163107 700146 435097 120101 314996 249266 249266 1264408 DEFERRED OUTFLOWS OF RESOURCES - PENSION 227773 227773 DEFERRED INFLOWS OF RESOURCES - PENSION 408395 NET PENSION LIABILITY 46873 455268 4658179 0 4658179 0 4658179 4136762 0 4136762 0 4136762 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL POLICIES ARE INCLUDED IN ALL ENROLLMENT AND REGISTRATION DOCUMENTS AND MATERIALS SCHEDULE E, PART I, LINE 4 STEM IS A FREE PUBLIC SCHOOL, THEREFORE QUESTION 4B IS NOT APPLICABLE. SCHEDULE E, PART I, LINE 6 STEM PREPARATORY ACADEMY IS A PUBLIC CHARTER SCHOOL. AS SUCH, STEM RECEIVES LOCAL, STATE, AND FEDERAL FINANCIAL ASSISTANCE IN THE SAME MANNER AS A TRADITIONAL PUBLIC SCHOOL. FORM 990, PART VI, SECTION B, LINE 11 STEM'S FINANCE COMMITTEE AND BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 FOR COMMENT AND REVIEW. UPON APPROVAL, THE FORM 990 IS RELEASED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY FORMS ARE SUBMITTED TO ALL BOARD MEMBERS ON AN ANNUAL BASIS. FORMS ARE COMPLETED AND SIGNED EACH YEAR BY EACH BOARD MEMBER. THE BOARD CONVENES EVERY MONTH, AT WHICH TIME ANY CONFLICTS OF INTEREST ARE ADDRESSED. ANY BOARD MEMBER WHO IS SUBJECT TO A CONFLICT OF INTEREST IS REQUIRED TO ABSTAIN FROM VOTING ON THE MATTER FROM WHICH THE CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT BOARD MEMBERS DETERMINE MANAGEMENT, OFFICER, AND KEY EMPLOYEES COMPENSATION. COMPENSATION IS BASED ON INDUSTRY STANDARD AND NEGOTIATION. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION DOCUMENTS CAN BE OBTAINED BY CONTACTING THE DIRECTOR OF OPERATIONS AT STEM PREPARATORY ACADEMY. FORM 990, PART XI, LINE 9: RESTATEMENT OF AUDITED FINANCIAL STATEMENTS -342,632.