2015-05-08T13:19:28-05:00 2014-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2013-07-01 262857555 TRUE NORTH TROY PREPARATORY CHARTER SCHOOL TRUE 5184453100 2 POLK STREET TROY NY 12180 MARK MUSCATIELLO DIRECTOR OF OPERATIONS 5184453100 2015-05-06 1 RAYMOND J JACOBI P00160856 5854231860 2015-05-06 2013 2016-03-07 17:11:31Z PAUL POWELL 2 POLK STREET TROY NY 12180 6809706 0 X WWW.UNCOMMONSCHOOLS.ORG X 2008 NY THE MISSION OF TRUE NORTH TROY PREPARATORY CHARTER SCHOOOL ("TROY PREP") IS TO PREPARE ALL STUDENTS TO ENTER AND SUCCEED IN COLLEGE THROUGH EFFORT, ACHIEVEMENT, AND THE CONTENT OF THEIR CHARACTER. 8 8 64 8 0 0 1036188 849621 4949631 5910085 44 20 0 49980 5985863 6809706 0 0 0 0 2890184 3448761 0 0 0 2707139 3098212 5597323 6546973 388540 262733 1640900 2775099 483120 1354586 1157780 1420513 THE MISSION OF TRUE NORTH TROY PREPARATORY CHARTER SCHOOL ("TROY PREP") IS TO PREPARE ALL STUDENTS TO ENTER AND SUCCEED IN COLLEGE THROUGH EFFORT, ACHIEVEMENT, AND THE CONTENT OF THEIR CHARACTER. 0 0 5766292 5910085 PIONEERING CHARTER PUBLIC SCHOOL TO TEACH STUDENTS THE ACADEMIC AND SOCIAL SKILLS NEEDED FOR SUCCESS IN COLLEGE AND BEYOND, TO PROVIDE TEACHERS WITH PROFESSIONAL DEVELOPMENT AND TO PROVIDE PARENTS WITH RESOURCES TO HELP THEM SUPPORT THEIR CHILDREN'S EDUCATION. 5766292 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 64 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MS CAROLYN HACK 7183635200 1485 PACIFIC STREET BROOKLYN NY 11216 DOUG LEMOV SECRETARY 1.00 X X 0 0 0 REV ERIC SHAW TRUSTEE 1.00 X 0 0 0 JEFF BUELL CHAIR 1.00 X X 0 0 0 BARB MCCANDLESS TRUSTEE 1.00 X 0 0 0 JOSH PHILLIPS TRUSTEE 1.00 X 0 0 0 RACHEL UCELLINI TRUSTEE 1.00 X 0 0 0 ROBERT BELLAFORE TRUSTEE 1.00 X 0 0 0 DREY MARTONE EDD TRUSTEE 1.00 X 0 0 0 PAUL POWELL MS PRINCIPAL 50.00 X 120950 0 27238 WILLIAM SHERMAN ES DIRECTOR OF OPERATIONS 50.00 X 109265 0 41625 KATIE YEZZI ES PRINCIPAL 50.00 X 115185 0 44815 MARK MUSCATIELLO MS DIRECTOR OF OPERATIONS 50.00 X 90125 0 27992 JON THATCHER ES DIRECTOR OF OPERATIONS 50.00 X 56669 0 10368 492194 0 152038 3 0 1 0 UNCOMMON SCHOOLS INC 826 BROADWAY 9TH FLOOR NEW YORK NY 10003 MANAGEMENT 552853 TRUE NORTH TYLER STREET LLC 2 POLK STREET TROY NY 12180 RENT 506100 2 813530 36091 849621 STATE AND LOCAL PER PU 611600 5910085 5910085 5910085 20 20 INSURANCE PROCEEDS 900099 49980 49980 49980 6809706 5910085 0 50000 525980 324780 201200 2380194 2257683 122511 54731 48799 5932 252683 225025 27658 235173 210428 24745 552853 469110 83743 32754 32754 26722 26722 158256 57036 101220 151058 151058 640230 575981 64249 210119 206704 3415 61844 61844 STUDENT ENRICHMENT/SERV 690074 690074 PROFESSIONAL DEVELOPMEN 188575 188575 REPAIRS & MAINTENANCE 166041 157744 8297 INSTRUCTIONAL SUPPLIES 114335 114335 105351 88960 16391 6546973 5766292 780681 0 709752 54514 75020 447182 2199914 3125 35831 1029814 619994 480841 409820 1640900 2775099 458120 354586 25000 1000000 483120 1354586 X 1157780 1420513 1157780 1420513 1640900 2775099 262733 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 119554 13131 106423 910260 606863 303397 409820 X 6809706 0 6809706 0 6809706 6546973 0 6546973 0 6546973 PART X, LINE 2: THE CHARTER SCHOOL HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. THE CHARTER SCHOOL FILES THE FORM 990 IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, AS OF JUNE 30, 2014, THE CHARTER SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS ENDED PRIOR TO JUNE 30, 2011. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2011 THROUGH JUNE 30, 2014 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 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 ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON THE SCHOOL APPLICATION AND AT VARIOUS COMMUNITY CENTERS USED TO INFORM THE PUBLIC ABOUT THE SCHOOL AND ITS PROGRAMS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES START-UP GRANTS FOR FACILITIES AND IMPLEMENTATION AND CORE PUPIL AID. X X 0 0 0 0 0 0 0 0 0 WILLIAM SHERMAN ES DIRECTOR OF OPERATIONS 99015 0 10250 0 0 0 3802 0 37823 0 150890 0 0 0 KATIE YEZZI ES PRINCIPAL 104935 0 10250 0 0 0 4249 0 40566 0 160000 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL UTILIZES UNCOMMON SCHOOLS, INC., AN UNRELATED 501(C)(3) ORGANIZATION, TO PROVIDE MANAGEMENT AND OTHER ADMINISTRATIVE SUPORT SERVICES TO THE SCHOOL. THE SCHOOL DELEGATES HIRING OF CERTAIN EMPLOYEES, PLANNING AND EXECUTING BUDGETS, AND OTHER FINANCIAL OPERATIONS TO UNCOMMON SCHOOLS, INC. JOSH PHILLIPS IS ON THE SCHOOL BOARD OF TRUSTEES AND THE MANAGING DIRECTOR OF UNCOMMON ROCHESTER & UNCOMMON TROY (PART OF UNCOMMON SCHOOLS INC.). UNCOMMON SCHOOLS, INC DOES NOT COMPENSATE JOSH PHILLIPS TO BE ON THE BOARD OF THE SCHOOL AND HIS INVOLVMENT WITH THE BOARD IS ON A VOLUNTEER BASIS. DOUG LEMOV IS ON THE SCHOOL BOARD OF TRUSTEES AND WAS A FORMER EMPLOYEE OF UNCOMMON SCHOOLS, INC. UNCOMMON SCHOOLS, INC DOES NOT COMPENSATE DOUG LEMOV AND HIS INVOLVMENT WITH THE BOARD IS ON A VOLUNTEER BASIS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE FINANCE DIRECTOR, DIRECTOR OF OPERATIONS AND CEO IN DETAIL. IT IS THEN REVIEWED BY THE BOARD OF DIRECTORS, APPROVED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL NEW MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE BOUND BY FIDUCIARY DUTY TO DISCLOSE ANY CONFLICTS. ANNUALLY A RESOLUTION IS ADOPTED REAFFIRMING A COMMITMENT TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THROUGH THE ANNUAL BUDGET PROCESS, ALL COMPENSATION FOR KEY EMPLOYEES IS APPROVED BY THE SCHOOL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE LOCATED AT THE ORGANIZATION AND ARE AVAILABLE UPON REQUEST. THEY ARE ALSO AVAILABLE ON GUIDESTAR.ORG FORM 990, PART XII, LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS.