2014-01-21T14:06:36-06:00 2013-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2012-07-01 275316628 Relay Graduate School of Education % M YVONNE CHAO RELA 2122281888 40 W 20th Street 7th Floor Suite New York NY 10011 Yvonne Chao 2122281888 2014-01-21 true JULIE FLOCH 2129498700 2012 2015-11-30 17:44:51Z NORMAN ATKINS 40 WEST 20TH STREET 7TH FLOOR NEW YORK NY 10011 16958247 false X www.relay.edu X 2011 NY SEE SCHEDULE O 8 6 114 0 10403909 9527857 2147617 4898085 17516 28725 0 0 12569042 14454667 339852 1870 0 0 5423771 7297618 0 0 298356 2356925 4020008 8120548 11319496 4448494 3135171 7872470 13323981 3423971 5752994 4448499 7570987 X The organization's mission is to teach teachers to develop in all students the academic skills and strength of character needed to succeed in college and life. It aims to play an instrumental role in addressing the urgent need to prepare effective teachers focused on impacting student growth, with an emphasis on preparing teachers who aim to close the achievement gap in urban and/or low-income communities. To that end, the organization operates a graduate school with innovative programs that lead toward teacher certification and/or a master's degree. Specifically, the organization works to enhance curriculum, learning tools, faculty recruitment and training, assessment, technology used in education, research, teacher recruitment methods and other materials and processes required to train, recruit and retain great teachers. To further support its mission, the Organization is also developing a training program for both current and aspiring school leaders (i.e. principals) in order to ali false false 9822931 1870 4898085 Relay Graduate School of Education ("Relay") was organized under the education law of the State of New York in February 2011, to improve the training and preparation of teachers. The organization received its public charity determination from the Internal Revenue Service in September 2011. Relay commenced operations in July 2011, at which point the programs previously operated by Uncommon Knowledge and Achievement, Inc. ("UKA"), a related not-for-profit organization, were transferred to Relay. UKA supports Relay and its development and delivery of teacher and school leader training programs. In July 2011, Relay Graduate School of Education opened its doors to an inaugural class of graduate students. In the 2011-2012 and 2012-2013 academic years, Relay offered two programs, a Master of Arts in Teaching graduate degree program in New York, NY, and a teacher certification program in Newark, NJ. Since launching in 2011, 240 teachers in NY and NJ have completed Relay's teacher training programs. In April 2012, Relay was approved by the U.S. Department of Education as a Title IV eligible institution, allowing it to offer Title IV federal student aid programs to its students starting in the 2012-2013 academic year. 9822931 true true false false false false false false false false true false false false true true true false true false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 61 0 true 114 true false false false false false false false false false false X 8 6 false false false false false false false true true false false true true true true true true true false false X M YVONNE CHAO 2122281888 40 WEST 20TH STREET 7TH FLOOR New York NY 10011 LARRY ROBBINS 2.0 X X 0 0 0 DAVID LEVIN 2.0 X X 0 50000 0 ARTHUR LEVINE 2.0 X 0 0 0 JULIE MIKUTA 2.0 X 0 0 0 DAVID SALTZMAN 2.0 X X 0 0 0 DACIA TOLL 2.0 X X 0 0 0 NORMAN ATKINS 60.0 X X 274000 0 8483 CARLOS WATSON 2.0 X 0 0 0 M Yvonne Chao 60.0 X 151129 0 15415 MAYME HOSTETTER 60.0 X 174185 0 15308 MICHAEL LAROSA 60.0 X 169114 0 5253 BRENT MADDIN 60.0 X 174423 0 15337 TIMOTHY SAINTSING 60.0 X 173089 0 13593 1115940 50000 73389 6 false true false FAZIO CONSTRUCTION GROUP LLC 58-41 63RD STREET MASPETH NY 11378 CONSTRUCTION 174430 1 500000 9027857 9527857 TUITION 611710 4898085 4898085 4898085 31885 31885 0 0 0 0 0 2500420 2503580 -3160 -3160 -3160 0 0 0 0 14454667 4898085 28725 0 1870 1870 0 0 606563 547955 39567 19041 0 5677444 5128869 370350 178225 153891 139021 10039 4831 403811 364794 26341 12676 455909 411857 29740 14312 0 16235 16235 102567 102567 0 0 0 771973 695385 31088 45500 0 242288 196651 42877 2760 378789 356243 22546 0 623872 518639 105233 289240 264675 3554 21011 0 0 0 0 279071 260329 18742 42030 34103 7927 COURSE INSTRUCTION 680935 680935 RECRUITMENT & PROF DEV 228433 186470 41963 RESERVE FOR BAD DEBT 345675 345675 PROGRAM AUDIT FEE 18900 18900 11319496 9822931 1198209 298356 193396 1350433 1360396 2496670 1832979 3807367 1082278 2408176 0 0 0 0 0 0 0 0 170224 582615 1116816 414751 469552 702065 2763645 1976655 0 0 0 0 0 0 0 0 7872470 13323981 333697 732660 0 0 65000 1995060 0 0 0 0 0 0 0 0 0 0 3025274 3025274 3423971 5752994 X 1343809 1698519 3104690 5872468 0 0 4448499 7570987 7872470 13323981 3135171 -12683 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 323862 50772 273090 576946 302071 274875 216008 61908 154100 702065 0 AND ACHIEVMENT, INC. 3025274 3025274 X 14655487 -12683 213503 200820 14454667 14454667 11532999 213503 213503 11319496 11319496 TAX DISCLOSURE FOOTNOTE The Organization follows the provisions of the Financial Accounting Standards Board's Accounting Standards Codification ("ASC") Topic 740-10-05 relating to the accounting and reporting for uncertainty in income taxes. Because of the Organization's general tax exempt status, ASC 740-10-05 did not have, and is not expected to have, a material impact on the Organization's financial statements. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, QUESTION 3 RACIALLY NONDISCRIMINATORY POLICY BELOW IS A TRUE AND COMPLETE COPY OF THE RACIALLY NONDISCRIMINATION POLICY, AND IS INCLUDED IN ADMISSIONS MATERIAL AND BROCHURES AS NEEDED TO DISSEMINATE THE POLICY TO INTERESTED APPLICANTS AND MEMBERS OF THE COMMUNITY: RELAY GRADUATE SCHOOL OF EDUCATION ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, AGE, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND OTHER SCHOOL-ADMINISTERED PROGRAMS. QUESTION 6 In fiscal year 2013, Relay received financial aid or assistance from a governmental agency in the form of a Federal Direct Loan Program. X X X X false true false false false false false false false NORMAN ATKINS 274000 0 0 0 0 0 8219 0 264 0 282483 0 0 0 M Yvonne Chao 149453 0 1676 0 0 0 6150 0 9265 0 166544 0 0 0 MAYME HOSTETTER 172509 0 1676 0 0 0 6943 0 8365 0 189493 0 0 0 MICHAEL LAROSA 167550 0 1564 0 0 0 4989 0 264 0 174367 0 0 0 BRENT MADDIN 172747 0 1676 0 0 0 6972 0 8365 0 189760 0 0 0 TIMOTHY SAINTSING 171413 0 1676 0 0 0 5228 0 8365 0 186682 0 0 0 PART I, QUESTION 4B DEFERRED COMPENSATION PLAN THE ORGANIZATION HAS A DEFERRED COMPENSATION PLAN FOR THE BENEFIT OF THE PRESIDENT UNDER 457(B) OF THE INTERNAL REVENUE CODE. 990 PART VI, SECTION B, QUESTION 11A The organization's form 990 was provided to and made available to its audit committee for review prior to filing with the Internal Revenue Service ("IRS"). Subsequent to the audit committee review, the organization made its Form 990 available to all members of its Board of Trustees for their review. The audit committee is responsible for overseeing and approving the form 990, including the preparation, review and filing process. As part of its annual audit and tax return preparation process, the organization hired a professional CPA firm with expertise in not-for-profit tax return preparation to prepare the form 990. The CPA firm's tax professionals worked closely with the organization's finance personnel and various other individuals to obtain information needed to prepare a complete and accurate tax return. The CPA firm prepared a draft form 990 to be reviewed by and discussed with the organization's finance personnel and other individuals. Revisions were made to the draft form 990 where necessary. The CPA firm provided a final draft to the organization's finance personnel and various other individuals for final review and approval prior to presentation to the organization's audit committee and thereafter provision to all members of the Board of Trustees. 990 PART VI, SECTION B, QUESTION 12C The organization regularly monitors and enforces compliance with its conflict of interest policy. Annually, all trustees, officers and key employees are required to complete a questionnaire in accordance with the organization's conflict of interest policy. The completed questionnaires are returned to the organization's Chief Financial Officer, who reviews the questionnaires with the President and Chief of Staff to surface any potential conflicts that may need to be discussed at a subsequent board meeting. 990 PART VI, SECTION B, QUESTION 15A Compensation for the President is discussed and determined by the Audit and Compensation Committee of the Board of Trustees, taking into account compensation packages of comparable organizations (e.g., higher education institutions and other education-related nonprofit organizations in New York City). The board discusses the President's compensation and applicable comparable salary data. The independent board members then determine the compensation without the non-independent board members present. The offer of employment for the President is formally extended by the Board Chair. 990 PART VI, SECTION C, QUESTION 19 The organization makes its 990 and financial statements available to the public upon written request. 990 PART VII, SECTION A, LINE 1A As described in Attachment 2, upon commencement of operations, employees of Uncommon Knowledge and Achievement, Inc. ("UKA") became employees of the organization. Certain of these employees spend a modest amount of time providing administrative support for UKA. 990 PART XI, QUESTION 5 Other changes in net assets represents unrealized losses on investments of ($12,683). EXTENSION An application for time to file an extension has been filed. UNCOMMON KNOWLEDGE AND ACHIEVEMENT INC 40 WEST 20TH STREET 7TH FLOOR NEW YORK NY 10011 261525207 EDUCATION DE 509(A)(1) 501(C)(3) NA false false false true false true false false false false false false false false true true false true false true