2015-03-28T14:45:13-05:00 2014-06-30 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2013-07-01 582398964 FRIENDSHIP PUBLIC CHARTER SCHOOL INC FRIE 2022811700 120 Q STREET NE NO 200 WASHINGTON DC 20002 DONALD L HENSE CHAIR & CEO 2022811700 2015-03-16 1 DENNIS D THEIS CPA P00010168 5173237500 2013 2016-03-07 17:11:31Z DONALD L HENSE 120 Q STREET NE NO 200 WASHINGTON DC 20002 72214151 0 X WWW.FRIENDSHIPSCHOOLS.ORG X 1998 DC TO PROVIDE A WORLD-CLASS EDUCATION FOR STUDENTS IN GRADES PRE-K TO 12. 15 14 1023 23 0 0 12319649 11813370 60812628 60257338 142148 143443 0 0 73274425 72214151 0 0 0 0 43792278 45573360 0 0 160457 26791874 26467883 70584152 72041243 2690273 172908 128088029 129148066 104933038 105820167 23154991 23327899 TO PROVIDE A WORLD-CLASS EDUCATION THAT MOTIVATES STUDENTS TO ACHIEVE HIGH ACADEMIC STANDARDS, ENJOY LEARNING AND DEVELOP AS ETHICAL, LITERATE, WELL-ROUNDED AND SELF-SUFFICIENT CITIZENS THAT CONTRIBUTE ACTIVELY TO THEIR COMMUNITIES. 0 0 63088953 60257338 TO PROVIDE QUALITY INSTRUCTION FOR CHILDREN FROM PRE-KINDERGARTEN TO 12TH GRADE FOR 3,759 STUDENTS. 63088953 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 153 0 1 1023 1 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X X CATHERINE SANWO-SOMEFUN 2022811700 120 Q STREET NE SUITE 200 WASHINGTON DC 20002 CHRIS WHITTLE TRUSTEE 5.00 X 0 0 0 ROSE GREGORY TRUSTEE 5.00 X 0 0 0 KEVIN CHAVOUS TRUSTEE 5.00 X 0 0 0 DARRIN L GLYMPH TRUSTEE 5.00 X 0 0 0 CHRIS WHITE TRUSTEE 5.00 X 0 0 0 DEBORAH M MCGRIFF TRUSTEE 5.00 X 0 0 0 KENNETH UMANSKY TRUSTEE 5.00 X 0 0 0 CAROL THOMPSON COLE TRUSTEE 5.00 X 0 0 0 PATIENCE TAIT TRUSTEE 5.00 X 0 0 0 TRACY GRAY TRUSTEE 5.00 X 0 0 0 ERIC MCKINLEY KING TRUSTEE 5.00 X 0 0 0 DR GREGORY PRINCE VICE CHAIR 5.00 X X 0 0 0 W EDWARD WALTER TREASURER 7.50 X X 0 0 0 VICTOR E LONG SECRETARY 15.00 X X 0 0 0 DONALD L HENSE CHAIR & CEO 40.00 X X 269429 0 88029 ERIN E COVINGTON CFO 40.00 X 173597 0 6623 PATRICIA A BRANTLEY COO 40.00 X 213989 0 8118 ELLEN D DALTON GENERAL COUNSEL 40.00 X 152760 0 12166 LIUA M HARBOUR HEAD PRINCIPAL 40.00 X 155303 0 8608 ELIZABETH PRIMAS DIRECTOR OF LITERACY AND ACCELERATION 40.00 X 163503 0 2465 JAMES F WALLER DEPUTY CHIEF ACADEMIC OFFICER 40.00 X 144160 0 8731 KIMBERLY CAMPBELL CHIEF OF STAFF 40.00 X 148960 0 7397 1421701 0 142137 32 0 1 0 BUSY BEE ENVIRONMENTAL SERVICES INC 7826 EASTERN AVE NW WASHINGTON DC 20012 BUILDING MAINTENANCE 4058583 RICOH AMERICAS CORPORATION 2321 CLUB MERIDIAN DRIVE OKEMOS MI 48864 MAILROOM MANAGEMENT 504206 KELLY SERVICES INC 999 WEST BIG BEAVER ROAD TROY MI 48084 STAFFING 283048 AUTOMATIC DATA PROCESSING 1 ADP BLVD ROSELAND NJ 07068 PAYROLL PROCESSING 230306 URBAN TEACHER CENTER INC 921 PENNSYLVANIA AVENUE SW WASHINGTON DC 20003 RECRUITING SERVICES 210000 15 9370261 2443109 11813370 PUBLIC REVENUE 611600 60257338 60257338 60257338 143443 143443 72214151 60257338 0 143443 730232 730232 37602156 34843785 2758371 214684 178431 36253 3829643 3400035 429608 3196645 2943247 253398 148389 148389 110096 110096 1531346 790023 741323 2599617 1076319 1413068 110230 77172 77776 -604 6026155 5451977 574178 237262 129524 107738 4998211 4748300 249911 3855074 3662320 192754 474617 474617 DIRECT STUDENT COSTS 5889270 5773485 115785 CHARTER FEE 354205 354205 OTHER GENERAL 166469 13731 102511 50227 72041243 63088953 8791833 160457 8186284 8341711 3462432 3321228 358963 338877 946925 419342 105610125 26099949 65988655 79510176 41036693 29272070 3142753 3164813 4965324 4779849 128088029 129148066 6489830 8996656 2177275 2056962 85920000 84475000 10345933 10291549 104933038 105820167 X 23154991 23327899 23154991 23327899 128088029 129148066 172908 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4630996 4630996 41288232 6416267 34871965 50562093 14948760 35613333 6301823 3198913 3102910 2826981 1536009 1290972 79510176 X 72214151 0 72214151 0 72214151 72041243 0 72041243 0 72041243 PART X, LINE 2: IN PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLICIZED IN RECRUITMENT LITERATURE, FLYERS IN PUBLIC PLACES, PRINT AND ELECTRONIC MEDIA. INFORMATION IS AVAILABLE IN ENGLISH AS WELL AS OTHER LANGUAGES, AS APPROPRIATE. SCHEDULE E, PART I, LINE 6 US DEPT OF AGRICULTURE: PASSED THROUGH STATE AGENCY FOR SPECIAL NUTRITION AND COMMODITY PROGRAMS: CHILD NUTRITION CUSTER $ 2,663,483 OTHER 360,941 PASSED THROUGH DC PUBLIC SCHOOLS: TITLE I CLUSTER $ 2,813,941 TITLE II 656,227 EDUCATING HOMELESS CHILDREN & YOUTH 6,685 PERKINS - CAREER TECHNICAL EDUCATION 208,563 SPECIAL EDUCATION 483,810 SOAR ACADEMIC ACHEIVEMENT 341,579 RACE TO THE TOP 801,312 OTHER GRANTS 140,387 PASSED THROUGH PUBLIC CHARTER SCHOOLS: OTHER GRANTS 175,824 TOTAL FEDERAL AWARDS $ 8,652,752 X X X X X 0 1 0 0 0 0 0 0 0 DONALD L HENSE CHAIR & CEO 269429 0 0 0 0 0 83100 0 4929 0 357458 0 0 0 ERIN E COVINGTON CFO 173597 0 0 0 0 0 415 0 6208 0 180220 0 0 0 PATRICIA A BRANTLEY COO 213989 0 0 0 0 0 2600 0 5518 0 222107 0 0 0 ELLEN D DALTON GENERAL COUNSEL 152760 0 0 0 0 0 3000 0 9166 0 164926 0 0 0 LIUA M HARBOUR HEAD PRINCIPAL 155303 0 0 0 0 0 0 0 8608 0 163911 0 0 0 ELIZABETH PRIMAS DIRECTOR OF LITERACY AND ACCELERATIO 163503 0 0 0 0 0 1354 0 1111 0 165968 0 0 0 JAMES F WALLER DEPUTY CHIEF ACADEMIC OFFICER 144160 0 0 0 0 0 0 0 8731 0 152891 0 0 0 KIMBERLY CAMPBELL CHIEF OF STAFF 148960 0 0 0 0 0 2475 0 4922 0 156357 0 0 0 PART I, LINE 4B DONALD HENSE RECEIVED SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN CONTRIBUTIONS OF $60,500. A DISTRICT OF COLUMBIA 536001131 254839G80 2003-11-12 44372708 FINANCE ACQUISITION,CONSTRUCTION,& RENOVATION OF FACILITIES; REFINANCE DEBT 0 0 0 B DISTRICT OF COLUMBIA 536001131 254839M75 2006-12-28 15483777 FINANCE EQUIPMENT AND EXPANSION OF BUILDING. 0 0 0 C DISTRICT OF COLUMBIA 536001131 25483VKT0 2012-10-30 36835895 CONSTRUCTION AND RENOVATION OF CAMPUS FACILITIES, REFINANCING OF DEBT. 0 0 0 A 9230000 44674999 3456725 25291 887751 2483014 14369757 26726054 2008 1 0 1 1 B 1955000 16095331 1019258 357785 310097 427335 13980874 2011 0 0 1 1 C 36839621 2377235 1975727 699582 1000000 17099975 4554918 9132183 1 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 1 0 0 1 AEGON INSTITUTIONAL MARKETS INC 29.300000000000 1 1 1 B 0 0 0 1 0 0 0 1 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 PART II, LINE 3 SERIES 2003 BOND: THE DIFFERENCE BETWEEN PART 1 (E) AND PART II (3) IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. PART II, LINE 14 SERIES 2003 BOND: THE BONDS REFUND THE BORROWER'S TAXABLE OBLIGATIONS (THE "REFUNDED DEBT"), INCLUDING NOTES FROM EDISON SCHOOLS, INC. (DATED NOVEMBER 5, 2001), BANK OF AMERICA (DATED NOVEMBER 8, 2000), AND EDISON SCHOOLS, INC.(DATED NOVEMBER 8, 2000). THE REFUNDED DEBT, IN PART, REFUNDED A NOTE FROM THE EDISON PROJECT INC. (DATED JULY 26, 1999). PART III, LINE 7 AS PROVIDED IN TREASURY REGULATION SECTION 1.141(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART IV, LINE 2(B) SERIES 2003 BOND: THE PORTION OF THE BONDS USED TO DETERMINE THE REFUNDED DEBT MET THE SIX-MONTH SPENDING EXCEPTION TO REBATE. PART IV, LINE 2(C) SERIES 2003 BOND: THE REBATE COMPUTATION WAS PERFORMED ON MAY 31, 2013. PART II, LINE 3 SERIES 2006 BOND: THE DIFFERENCE BETWEEN PART I (E) AND PART II, LINE 3 IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. PART III, LINE 7 SERIES 2006 BOND: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART IV, LINE 2(C) SERIES 2006 BOND: THE REBATE COMPUTATION WAS PERFORMED ON JUNE 1, 2011. PART I (F) SERIES 2012 BOND: DEBT REFINANCED INCLUDES A 2009 LOAN ISSUED ON JUNE 5, 2009 AND 2007 LOANS ISSUED ON SEPTEMBER 10, 2007. PART II (3) SERIES 2012 BOND: THE DIFFERENCE BETWEEN PART 1 (E) AND PART II (3) IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. PART III, LINE 7 SERIES 2012 BOND: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD CHAIR/CEO AND THE HEAD OF THE FINANCE COMMITTEE REVIEW THE 990 ONCE IT IS COMPLETED PRIOR TO BEING FILED. AT THAT TIME, THE FULL FINANCE COMMITTEE AND BOARD OF DIRECTORS IS GIVEN THE OPPORTUNITY TO REVIEW THE 990. AFTER ANY ISSUES ARE ADDRESSED OR CORRECTED, THE CEO SIGNS AND FILES THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS ARE DONE BY THE CHIEF OPERATING OFFICER, THE CHIEF FINANCIAL OFFICER, THE DIRECTOR OF HUMAN RESOURCES, AND THE PROCUREMENT MANAGER ON VENDOR AND FAMILY RELATIONSHIPS IN REGARDS TO EMPLOYMENT, CONTRACTS AND OTHER AGREEMENTS ENTERED ON BEHALF OF FRIENDSHIP PUBLIC CHARTER SCHOOL. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DETERMINES COMPENSATION BY FORMAL AND INFORMAL COMPARATIVE COMPENSATION STUDIES, WHICH INCLUDES A REVIEW OF CHARTER SCHOOLS OF SIMILAR SIZE/COMPLEXITY, OTHER NON PROFITS, AND EDUCATIONAL INSTITUTIONS. THE COMPENSATION PROCESS IS HEADED BY THE FINANCE COMMITTEE, AND THEY SUBMIT THEIR RECOMMENDATIONS TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION THROUGH THE PUBLIC CHARTER SCHOOL BOARD, STATE EDUCATION AGENCIES, GUIDESTAR, AND UPON REQUEST. FORM 990, PART XII, LINE 2C FRIENDSHIP PUBLIC CHARTER SCHOOL, INC. HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 4562 EMPLOYER IDENTIFICATION NUMBER: 58-2398964 FOR THE YEAR ENDING JUNE 30, 2014: FRIENDSHIP PUBLIC CHARTER SCHOOL, INC. , HEREBY ELECTS, PURSUANT TO IRC SEC. 168(K)(2)(D)(III), NOT TO CLAIM THE ADDITIONAL 50% DEPRECIATION ALLOWABLE UNDER IRC SEC. 168(K) FOR THE FOLLOWING QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR ENDING JUNE 30, 2014. ALL PROPERTY IN THE 5, 7, 10 & 20 YEAR CLASS. SEE ATTACHED FORM 4562.