2015-05-15T10:33:32-05:00 2014-06-30 454084437 WARREN AVERETT LLC SIX CONCOURSE PARKWAY STE 600 ATLANTA GA 30328 990 2013-07-01 205830622 THE INTOWN ACADEMY INC INTO 4048927733 386 PINE STREET ATLANTA GA 30308 ADRIENNE WHITE FINANCE COMMITTEE CHAIR 4048927733 2015-05-15 1 RACHEL M SKYPEK P00966186 7703961100 2015-05-08 2013 2016-03-07 17:11:31Z ADRIENNE WHITE 386 PINE STREET ATLANTA GA 30308 3733303 0 X WWW.INTOWNACADEMY.ORG X 2006 GA THE MISSION OF THE INTOWN ACADEMY IS TO PROVIDE A RIGOROUS AND STIMULATING CURRICULUM WHICH PROMOTES HIGH ACADEMIC ACHIEVEMENT AND GROWTH OF AN INQUIRING SUPPORTIVE LEARNING COMMUNITY PREPARED FOR THE EVOLVING WORLD. 7 7 57 184 0 0 2930026 3364434 137178 167908 0 0 12092 200961 3079296 3733303 0 0 0 0 1292071 1848117 0 0 5987 1615696 1895970 2907767 3744087 171529 -10784 1181201 1454385 254456 538424 926745 915961 THE MISSION OF THE INTOWN ACADEMY IS TO PROVIDE A RIGOROUS AND STIMULATING CURRICULUM WHICH PROMOTES HIGH ACADEMIC ACHIEVEMENT AND GROWTH OF AN INQUIRING SUPPORTIVE LEARNING COMMUNITY PREPARED FOR THE EVOLVING WORLD. 0 0 2806890 0 167908 OUR STUDENTS WILL BE ASSESSED IN READING AND MATHEMATICS A MINIMUM OF 3 TIMES A YEAR USING THE COMMON CORE GEORGIA PERFORMANCE STANDARDS DEVELOPED FOR K-12 IN ENGLISH, LANGUAGE ARTS, AND MATHEMATICS. THE ACADEMY PROVIDED EDUCATIONAL PROGRAMS FOR APPROXIMATELY 358 STUDENTS.THE SCHOOL IS CLOSING EFFECTIVE JUNE 15, 2015. 2806890 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 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 10 0 57 1 0 0 0 0 0 0 0 0 0 0 X 7 7 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X LARRY NEAL 4048927733 386 PINE STREET ATLANTA GA 30308 ADRIENNE WHITE FINANCE COMMITTEE CHAIR 2.00 0.00 X X 0 0 0 KIMBERLY OLIVER DIRECTOR 2.00 0.00 X 0 0 0 LARRY NEAL CHAIRMAN 2.00 0.00 X X 0 0 0 DEREK HARDMON SECRETARY 2.00 0.00 X X 0 0 0 DYLAN BESS VICE CHAIR 2.00 0.00 X X 0 0 0 LEIDA HARDMON DIRECTOR 2.00 0.00 X 0 0 0 BRETT LASHER DIRECTOR 2.00 0.00 X 0 0 0 GENE DUNN PRINCIPAL 40.00 0.00 X 76311 0 19403 ALIEKA ANDERSON ACADEMY DIRECTOR 40.00 0.00 X 31981 0 8042 WILLIAM ARTERBERRY OPERATING MANAGER 40.00 0.00 X 25943 0 11608 JAMES TEDESCO OPERATING MANAGER 40.00 0.00 X 37247 0 16666 171482 0 55719 0 0 0 0 0 3332924 31510 3364434 NATIONAL SCHOOL LUNCH 611710 167908 167908 167908 APS SETTLEMENT 900099 199003 199003 OTHER INCOME 900099 1958 1958 200961 3733303 167908 0 200961 227202 227202 1444759 1334551 110208 133242 132273 969 42914 30040 12874 179605 179605 20240 20240 33335 33335 232999 232999 375 375 159776 105724 54052 2638 2638 480561 480561 2775 2775 9267 7922 1345 183260 183260 263925 263925 LUNCH PROGRAM FEES 164803 164803 INSTRUCTIONAL EXPENSE 97549 97549 MISCELLANEOUS EXPENSES 52709 19642 27455 5612 MEALS AND ENTERTAINMENT 9218 9218 2935 2935 3744087 2806890 931210 5987 612241 1021586 10000 0 61812 59304 26223 8748 1107268 742521 470925 364747 1181201 1454385 254456 537633 791 254456 538424 X 916745 910961 10000 5000 926745 915961 1181201 1454385 -10784 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 300479 142974 157505 313668 293563 20105 493121 305984 187137 364747 X 3733303 0 3733303 0 3733303 3744087 0 3744087 0 3744087 PART X, LINE 2: EXPLANATION: MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS AS DEFINED BY FASB ASC 740, INCOME TAXES. THE SCHOOL COULD BE SUBJECT TO INCOME TAX EXAMINATIONS FOR ITS U.S. FEDERAL TAX FILINGS FOR THE CURRENT TAX YEAR AND PREVIOUS FILINGS FOR YEARS 2013, 2012, AND 2011 STILL OPEN UNDER THE STATUTE OF LIMITATIONS. 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 INTOWN ACADEMY'S RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED ON ALL SCHOOL BROCHURES AND IN ITS ENROLLMENT FORMS. SCHEDULE E, PART I, LINE 6 THE INTOWN ACADEMY RECEIVES FEDERAL GRANTS USED FOR ONGOING ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 2 DEREK HARDMON AND LEIDA HARDMON - SPOUSE FORM 990, PART VI, SECTION A, LINE 3 THE INTOWN ACADEMY CONTRACTS EDISON LEARNING AS ITS EDUCATION MANAGEMENT COMPANY TO SUPERVISE THE DAILY OPERATIONS OF THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE & AUDIT CHAIR AND TAX PREPARER (WARREN AVERETT, LLC) PREPARED THE 990. IT WAS THEN GIVEN TO THE FINANCE & AUDIT COMITTEE & THE OPERATIONS MANAGER FOR REVIEW. ONCE REVIEWED IT WAS DISTRIBUTED TO THE ENTIRE GOVERNING BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE COVERED UNDER THE POLICY, AND THE BOARD HAS A FORM EACH MEMBER FILLS OUT ONCE A YEAR DISCLOSING ANY CONFLICTS OF INTEREST. ALSO OUR GOVERNANCE COMMITTEE INVESTIGATES, FOLLOWS UP, AND RULES ACCORDINGLY OVER ANY PERCEIVED CONFLICTS OF INTEREST. IF THERE IS ANY PERCEIVED OR KNOWN CONFLICT OF INTEREST SURROUNDING A BOARD MEMBER AND DELIBERATIONS/VOTES ARE INVOLVED, THE BOARD WOULD EXCUSE THE BOARD MEMBER FROM THOSE DELIBERATIONS/VOTES. IF THAT PERCEIVED OR KNOWN CONFLICT OF INTEREST WAS NOT ALREADY DISCLOSED PER OUR FORM, THEN IT WOULD BE VIEWED AS AN INFRACTION OF THE STATEMENT OF PERSONAL AND PROFESSIONAL STANDARDS OF CONDUCT AND WOULD BE REPORTED AS IDENTIFIED IN OUR POLICY. FORM 990, PART VI, SECTION B, LINE 15 PRIOR TO THE BEGINNING OF EACH SCHOOL YEAR, THE BOARD OF DIRECTORS WORK WITH THE EDUCATION MANAGEMENT COMPANY TO DETERMINE THE SALARY OF THE PRINCIPAL, WHO IS THE LEADER OF THE SCHOOL. THE PRINCIPAL THEN WORKS WITH THE EDUCATION MANAGEMENT COMPANY TO DETERMINE THE SALARIES OF THE REST OF THE STAFF. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE BOARD MINUTES ARE KEPT IN A BINDER IN THE MAIN OFFICE OF THE SCHOOL. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.