2015-05-15T19:14:40-05:00 2014-06-30 202153727 SB & Company LLC 200 International Circle Suite 5500 Hunt Valley MD 21030 990 2013-07-01 010949585 Green Street Academy Inc GREE 4436422068 201 North Bend Road Baltimore MD 21229 Lawrence M Rivitz Executive Director 4436422068 2015-05-15 1 Monique Booker P00644231 4105840060 2015-05-15 2013 2016-02-25 16:41:14Z Daniel R Schochor 201 North Bend Road Baltimore MD 21229 998641 0 X greenstreetacademy.org X 2009 MD The Academy's mission is to provide dynamic, rigorous, life-long learning in classrooms that inspires success and produces skill-sets that reflect the needs and are in high demand for the green workforce, college admission, and other economic sectors. 12 11 17 16 0 0 224271 982915 0 0 0 0 1291 15726 225562 998641 0 0 0 0 174267 290289 0 0 26460 30046 426965 204313 717254 21249 281387 16254 627294 19485 349138 -3231 278156 The Academy's mission is to provide dynamic, rigorous, life-longlearning in classrooms that inspires success and produces skill-sets that reflect the needs and are in high demand for the green workforce, college admission, and other economic sectors. 0 0 585014 15726 Green Street Academy educates Baltimore, MD children in grades six through twelve and prepares students for success in college and career. 585014 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 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 1 0 0 0 1 2 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 MD X Daniel R Schochor 4436422068 201 North Bend Road Baltimore MD 21229 David L Warnock Co-Chair 1.00 X X 0 0 0 Lawrence M Rivitz Co-Chair 1.00 X X 0 0 0 Daniel R Schochor Executive Director/Board President 40.00 1.00 X X 108791 0 10541 Carrie Stockwell Board Trustee 1.00 X 0 0 0 Jessica Schiavone Board Trustee 1.00 X 0 0 0 Lise Charlier Board Trustee 1.00 X 0 0 0 Scott Fritze Board Trustee 1.00 X 0 0 0 Andrew Coy Board Trustee 1.00 X 0 0 0 Laura Weeldreyer Board Trustee 1.00 X 0 0 0 John Dougherty Board Trustee 1.00 X 0 0 0 Michael Waldron Board Trustee 1.00 X 0 0 0 Michael Phillips Board Trustee 1.00 X 0 0 0 108791 0 10541 1 0 0 0 0 982915 982915 Miscellaneous Income 900099 15726 15726 15726 998641 15726 0 0 119332 119332 134274 103136 21182 9956 10777 9454 900 423 25906 22725 2164 1017 45361 45361 2245 2245 5061 4439 423 199 5545 5545 Direct Student Cost 22228 22228 346525 301455 30205 14865 717254 585014 105780 26460 16254 108550 3500 2536 512708 0 0 512708 16254 627294 19485 349138 19485 349138 X -10231 278156 7000 0 -3231 278156 16254 627294 281387 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 512708 512708 512708 X 3860640 2861999 2861999 998641 0 998641 3579253 2861999 2861999 717254 0 717254 Part X, Line 2: The Academy is a not-for-profit organization exempt from Federal income tax other than net unrelated business income tax under Section 501(c)(3) of the Internal Revenue Code and is recognized as such by the Internal Revenue Service. Accounting principles generally accepted in the United States of America provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The Academy performed an evaluation of uncertain tax positions as of June 30, 2014, and determined that there were no matters that would require recognition in the accompanying financial statements or which may have any effect on its tax-exempt status. As of June 30, 2014, the statute of limitations for tax years 2010 through 2013 remains open with the U.S. Federal jurisdiction and the various state and local jurisdictions in which the Academy and the Foundation file tax returns. It is the Academy's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. As of June 30, 2014, the Academy has not recorded any liability related to tax positions taken. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Green Street Academy, Inc. lists their Equal Opportunity Statements on some recruitment flyers and in the student handbook. Schedule E, Part I, Line 4 The school is a public charter school and is operating under contract with the Baltimore City Public School System. REV. PROC 75-50 does not apply. Schedule E, Part I, Line 6 GSA is a public school and therefore receives funds from the Baltimore City Public School System. GSA receives no other aid from a governmental agency. Form 990, Part VI, Section B, line 11 The President reviews the Form 990 before submitting it to the Board to vote to accept it. A final copy of the Form 990 is provided to Board members before submission to the IRS. Form 990, Part VI, Section B, line 15a The Board co-chairs annually evaluate the performance of, and set the compensation for, the Executive Director, using quantitative and qualitative criteria and benchmarks from other charter schools and non-profit organizations. Form 990, Part VI, Section C, line 19 The organization make its governing documents and financial statements available to the public upon request. Line 2c, part XII The process has not changed from prior year. Form 990 Executive Summary Mission and Vision: Across the nation, green jobs hold the promise of reviving the economy and solving a myriad of environmental problems. To help Baltimore prepare for this green future and anticipate the need for a locally educated workforce, Green Street Academy opened as a middle-high school in Baltimore City in 2010. Now operating in its fourth year with more than 300 scholars and growing to 875 in 2017-18, GSA was designed to transform how students prepare for careers in the green economy and create a pipeline of well-qualified, pre-professional young people to secure and retain jobs and build careers in the green economy. Through its growing network of partners, GSA expects to attract national partners for funding the development of our model. Baltimore Community Need: For over 100 years, vocational education successfully served the dual needs of workers and manufacturing and service companies. But late in the 20th century, vocational educator largely failed to anticipate changing workplace curricular needs and, therefore, to stem the decline in student interest and enrollment. Ye the need exists once again to provide green and sustainability practicing firms with trained workers whose futures depend on a high school degree and who would work continuously in progressively responsible jobs while advancing their education. Educational Program: Green Street Academy is revitalizing and re-defining traditional career education in the 21st century and represents a thorough greening of public education in both theory and practice. The curricula for grades 6-12 will utilize a contextualized approach, i.e., teaching knowledge and skills within the context of real world experiences. Instruction will incorporate nationally recognized skill standards and certifications with state-of-the-art practices and technologies. The guidance and resources of industry partners will ensure that graduates build skill sets consistent with employer expectations. Our high school, which opened in September, 2013, will: -provide an academically rigorous science, technology, engineering, reading, critical thinking and math education; -develop industry-specific workforce skills and the persistence to -succeed in a green economy career and extended education; -provide opportunities for apprenticeships and employment with local green industry partners; and, -develop a model of instruction that guarantees the success of every student by combining motivational teachers, state-of-the-art technology, and a compelling project-based learning curriculum. Founders and Trustees: David L. Warnock and Lawrence M. Rivitz are co-founders. David is a founder of Camden Partners, a private equity firm with investments in healthcare, education, and business services, and Board Chair of the Center for Urban Families, which provides workforce and family services to adults. Larry is founder of Marketing Initiative, LLC, a marketing firm and founding Baltimore Board Chair of the Network for Teaching Entrepreneurship. Founding (and recently retired) Principal and co-founder, Edward E. Cozzolino, is a highly successful former Baltimore County and City Schools' principal, who was honored by MSDE and Dr. Nancy Grasmick (current Green Street Academy Foundation Trustee) as an MSDE Distinguished Principal Fellow and who recently served as a principal coach for New Leaders for New Schools in Baltimore prior to becoming Principal at GSA. In addition, Dr. Eric lsselhardt has joined the GSA Foundation to team to develop and facilitate our unique sustainability-focused project-based learning pedagogy. GSA has also recruited a talented Board of Trustees whose corporate and personal lives intersect around sustainability and who devote their special talents and resources to making Green Street Academy a unique educational offering in Baltimore City. Partners: Green Street Academy's dedicated partners have supported our mission with a variety of financial and human resources. Green Street Academy Foundation Inc 500 E Pratt Street Suite 1200 Baltimore MD 21202 272936151 To support Green Street Academy, Inc's educational endeavors. MD 501(c)(3) 170(b)(1)(A)(vi) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 Green Street Academy Foundation Inc C 515570