2015-05-06T15:50:30-05:00 2014-06-30 133842744 MBAF CPAS LLC 440 PARK AVE SOUTH NEW YORK NY 10016 990 2013-07-01 462339783 NEW VISIONS CHARTER SCHOOLS NEWV 2126455110 320 WEST 13TH STREET 6TH FLR NEW YORK NY 10014 LIOR EVAN TREASURER 2126455110 2015-04-08 1 MARC TAUB CPA P00236664 2125761400 2013 2016-03-07 17:11:31Z X NISSI JONATHAN 320 W 13TH ST 6TH FL NEW YORK NY 10014 5301226 0 X WWW.NEWVISIONS.ORG X 2012 NY NEW VISIONS CHARTER SCHOOLS ENDEAVORS TO EXTEND EQUALLY TO PROVIDE ALL STUDENTS; REGARDLESS OF THEIR PREVIOUS ACADEMIC HISTORY, WITH THE HIGHEST QUALITY EDUCATION IN AN ATMOSPHERE OF RESPECT, RESPONSIBILITY AND SAFETY. 7 7 44 9 0 0 800250 4497838 22 3116 5301226 0 0 3301871 0 35982 1713580 5015451 285775 612151 326376 285775 NEW VISIONS CHARTER SCHOOLS ENDEAVORS TO EXTEND EQUALLY TO PROVIDE ALL STUDENTS; REGARDLESS OF THEIR PREVIOUS ACADEMIC HISTORY, WITH THE HIGHEST QUALITY EDUCATION IN AN ATMOSPHERE OF RESPECT, RESPONSIBILITY AND SAFETY. 0 0 3973422 4497838 NEW VISIONS CHARTER SCHOOLS OPERATES NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE III AND NEW VISIONS CHARTER HIGH SCHOOL FOR THE HUMANITIES III, WHICH SERVES AS DIVISIONS. IN FISCAL YEAR 2014, BOTH SCHOOLS OPERATED CLASSES FOR STUDENTS IN NINTH GRADE. 3973422 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 44 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 1 1 1 0 X X CYNTHIA RIETSCHA 2126455110 320 WEST 13TH ST NEW YORK NY 10014 JENNELLA YOUNG CHAIRPERSON 2.00 X X 0 0 0 ELLA MONAKOVA VICE-CHAIR 2.00 X X 0 0 0 LIOR EVAN TREASURER 2.00 X X 0 0 0 RONALD CHALUISAN SECRETARY 2.00 X X 0 0 0 ELEANOR APPLEWHAITE BOARD MEMBER 1.00 X 0 0 0 DAVID BRIGGS BOARD MEMBER 1.00 X 0 0 0 REV CARMEN WALSTON BOARD MEMBER 1.00 X 0 0 0 JERRY GARCIA BOARD MEMBER 1.00 X 0 0 0 JOYCELYN DILLON BOARD MEMBER 1.00 X 0 0 0 NISSI JONATHAN PRINCIPAL - AMS III 40.00 X 76528 0 11244 GERALDINE MOLLOY CAMINITI CHIEF OPERATING OFFICER - AMS III 40.00 X 68849 0 8741 IVAN COHEN PRINCIPAL - HUM III 40.00 X 83588 0 5011 ANTHONY CIMAGLIA CHIEF OPERATING OFFICER - HUM III 40.00 X 55933 0 13155 284898 0 38151 0 0 0 0 IWISE CONSULTING INC 480 VAN BRUNT STREET BROOKLYN NY 11231 CONSULTING SERVICES 143959 NEW VISIONS FOR PUBLIC SCHOOLS 320 WEST 13TH STREET NEW YORK NY 10014 MANAGEMENT SERVICES 117082 2 800250 800250 STATE AND LOCAL PER PU 900099 3735460 3735460 FEES FROM GOVERNMENT C 900099 762378 762378 4497838 22 22 OTHER REVENUE 900099 3116 3116 3116 5301226 4497838 0 3138 683707 307182 376525 2032814 1616777 416037 11931 8457 3474 350131 247913 102218 223288 160323 62965 359827 315650 8195 35982 29120 26047 3073 3650 3558 92 220335 217702 2633 103891 92436 11455 513477 502283 11194 56090 54848 1242 63602 61997 1605 31414 28814 2600 INSTRUCTIONAL SUPPLIES 85965 85965 FACILITIES EXPENSE 75155 73232 1923 UNIFORMS 54311 54280 31 TEXTBOOKS AND LIBRARY B 36090 36090 80653 79868 785 5015451 3973422 1006047 35982 219984 247969 1859 201973 63602 0 138371 0 3968 0 612151 246265 0 80111 0 326376 X 285775 0 285775 0 612151 285775 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 150842 48104 102738 51131 15498 35633 138371 DUE TO NYC DEPARTMENT OF EDUCATION 3355 DUE TO RELATED ENTITIES 76756 80111 X 5402782 101556 101556 5301226 0 5301226 5117007 101556 101556 5015451 0 5015451 PART X, LINE 2: THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THE SCHOOL FILES AN INFORMATIONAL RETURN IN THE FEDERAL JURISDICTION. THE SCHOOL IS SUBJECT TO FEDERAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR ALL FISCAL YEARS IN WHICH INFORMATIONAL RETURNS WERE FILED. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. MANAGEMENT BELIEVES THAT ITS NONPROFIT STATUS WOULD BE SUSTAINED UPON EXAMINATION. SHOULD THERE BE INTEREST ON UNDERPAYMENTS OF INCOME TAX, THE SCHOOL WOULD CLASSIFY IT AS "INTEREST EXPENSE." THE SCHOOL WOULD CLASSIFY PENALTIES IN CONNECTION WITH UNDERPAYMENTS OF TAX AS "OTHER EXPENSE." 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON ITS WEBSITE. SCHEDULE E, PART I, LINE 4 THE SCHOOL HAS NOT AWARDED SCHOLARSHIPS OR FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 NYC DEPARTMENT OF EDUCATION AWARDS PER PUPIL AND SPECIAL EDUCATION GRANTS TO NEW VISIONS CHARTER SCHOOLS FOR THE SCHOOL TO CARRY OUT ITS MISSION. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY MBAF CPA'S, LLC, AN INDEPENDENT ACCOUNTING FIRM, BASED ON INFORMATION PROVIDED BY THE CFO OF THE CMO ORGANIZATION CONTRACTED BY NEW VISIONS CHARTER SCHOOLS. THE COO, CFO, AND CONTROLLER OF THE CMO REVIEWS THE DRAFT DOCUMENT. IN ADDITION, A COPY OF THE DRAFT IS SENT TO THE SCHOOL PRINCIPALS AND MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C UPON ACCEPTANCE OF EMPLOYMENT, EMPLOYEES SIGN ACKNOWLEDGING RECEIPT OF AND COMPLIANCE WITH THE EMPLOYEE GUIDELINES WHICH STATES EXPLICITLY THAT EMPLOYEES CANNOT ENGAGE IN ACTIVITIES WHICH PRESENT A CONFLICT OF INTEREST FOR THE SCHOOL. POTENTIAL/REAL CONFLICTS ARE REVIEWED BY THE COO AND PRINCIPAL OF THE SCHOOL AND THE COO OF THE CMO ORGANIZATION AND RESOLVED. EMPLOYEES ARE NOT PERMITTED TO CONTINUE ACTIVITIES THAT POSE A REAL CONFLICT. BEFORE EACH BOARD ELECTION, BOARD MEMBERS ARE ASKED TO DISCLOSE ANY POTENTIAL /REAL CONFLICT THAT MAY IMPACT THEIR GOVERNANCE ROLE. BOARD MEMBERS WITH A REAL CONFLICT WILL NOT BE PERMITTED TO ASSUME A BOARD ROLE. ALL CONFLICTS ARE HANDLED ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 SALARY COMPENSATION FOR THE PRINCIPALS, ASSISTANT PRINCIPALS, AND COO IS DETERMINED AND APPROVED BY THE BOARD TRUSTEES AND THE CMO. IN DETERMINING COMPENSATION, THE BOARD AND CMO WILL REFER TO PUBLISHED SALARY SURVEYS AND INDEPENDENT RESEARCH AS DEEMED NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.