2014-02-14T10:42:49-06:00 2013-06-30 591954606 CAVANAUGH & CO LLP 2381 FRUITVILLE ROAD SARASOTA FL 34237 990 2012-07-01 650745152 SARASOTA SCHOOL OF ARTS AND SCIENCES INC SARA 9413301855 645 CENTRAL AVENUE SARASOTA FL 34236 HEATHER ZANGARA 9413301855 2014-02-12 1 MICHAEL R PENDER P00850742 9413662983 2014-01-27 2012 2015-11-30 17:44:51Z HEATHER ZANGARA 645 CENTRAL AVENUE SARASOTA FL 34236 6003412 0 X WWW.SSAS.ORG X 1997 FL TO PROVIDE A SMALL, INTIMATE ENVIRONMENT OF ACADEMIC EXCELLENCE AND ENRICHMENT, UTILIZING COMMUNITY PARTNERSHIPS AND TRADITIONAL AND INNOVATIVE TEACHING METHODS. 12 10 57 618 0 0 63510 36323 5822127 5838957 -3387513 21315 42423 36751 2540547 5933346 0 0 0 0 3449095 3399253 0 0 0 2244744 2287278 5693839 5686531 -3153292 246815 11282382 11624949 11560654 11491042 -278272 133907 TO PROVIDE A SMALL, INTIMATE ENVIRONMENT OF ACADEMIC EXCELLENCE AND ENRICHMENT, UTILIZING COMMUNITY PARTNERSHIPS AND TRADITIONAL AND INNOVATIVE TEACHING METHODS. 0 0 3616145 5860272 TO PROVIDE LIFELONG LEARNING SKILLS, USING THE EDUCATIONAL PHILOSOPHY OF THE HOLISTIC APPROACH TO THE "WHOLE" CHILD, SO THAT OUR STUDENTS WILL BE ABLE TO RELATE SAID LEARNING IN ALL OF THE DEVELOPMENTAL DOMAINS TO WHATEVER OCCUPATION THEY CHOOSE AND SUBSEQUENTLY GIVE BACK TO THE COMMUNITY AT LARGE. TO EDUCATE EVERY CHILD VIA THE INTERDISCIPLINARY, MULTICULTURAL CURRICULUM. 3616145 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 39 0 1 57 1 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL X X MICHAEL R PENDER JR 9413662983 2381 FRUITVILLE ROAD SARASOTA FL 34237 TANYA JONES 2.00 X 0 0 0 MICKEY STONE 40.00 X 49334 0 8328 JAMES MCKELLY 2.00 X 0 0 0 DR RAY THACKER 2.00 X 0 0 0 DAVID JENNINGS 2.00 X 0 0 0 LAURENCE EGER 2.00 X X 0 0 0 TERRY MCGANNON 2.00 X X 0 0 0 MATT WENZEL 2.00 X X 0 0 0 HEATHER ZANGARA STAINE 2.00 X X 0 0 0 TRACY SHINKAROW 2.00 X 0 0 0 DR MARILYN HIGHLAND 2.00 X 12028 0 782 TRACY BRETOI 2.00 X 0 0 0 TARA TAHMOSH-NEWELL 40.00 X 90858 0 11711 152220 0 20821 0 0 0 0 MG3 DEVELOPER GROUP LLC 1915 HARRISON STREET HOLLYWOOD FL 33020 GENERAL CONTRACTOR 636633 1 36323 36323 EDUCATION SERVICES 611600 5770672 5770672 STUDENT FIELD TRIPS 900099 68285 68285 5838957 24569 24569 3254 -3254 -3254 -3254 103563 66812 36751 36751 5933346 5860272 0 36751 170974 133360 37614 2614418 2071558 542860 128390 99261 29129 273211 216119 57092 212260 169560 42700 35038 35038 169575 121454 48121 96711 96711 15844 15844 352865 383 352482 1548 1224 324 10680 10680 702201 702201 393024 303257 89767 INSTRUCTION SUPPLIES 190999 190999 STUDENT TRANSPORT EXPEN 99917 99917 FIELD TRIP EXPENSES 90307 90307 INSTRUCTION MEDIA 80635 80635 47934 11587 36347 5686531 3616145 2070386 0 250 250 2801718 2235309 86374 174025 78692 45225 10561424 1417582 6860724 9143842 46 12 1454578 26286 11282382 11624949 553738 651313 10766372 10632394 125000 135000 70846 38873 44698 33462 11560654 11491042 X 1103412 252489 -1381684 -118582 -278272 133907 11282382 11624949 X 246815 166386 -1022 X X 0 1 X 1 0 X 652565 652565 8386585 478329 7908256 1522274 939253 583021 0 9143842 CAPITAL LEASES - COMPUTERS, COPIERS & EQUIP 33462 33462 X 5868315 0 5868315 65031 65031 5933346 5622522 4276 4276 5618246 68285 68285 5686531 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: NO STATEMENT OF UNCERTAIN TAX POSITIONS UNDER FIN 48 CONTAINED IN AUDITED FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FEES - FIELD TRIPS 68,285. LOSS ON DISPOSAL OF ASSETS -3,254. PART XII, LINE 2D - OTHER ADJUSTMENTS: AMORTIZATION OF BOND COSTS 1,022. LOSS ON DISPOSAL OF ASSETS 3,254. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FEES - FIELD TRIPS 68,285. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 SARASOTA SCHOOL OF ARTS AND SCIENCES IS A PUBLIC CHARTER SCHOOL, WE FOLLOW THE SAME GUIDELINES AS OUR SPONSOR, THE SCHOOL BOARD OF SARASOTA COUNTY, PER OUR CHARTER CONTRACT EFFECTIVE JULY 1, 2003 ENDING JUNE 30, 2013 EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 ALL REVENUE/FUNDING FILTERS THROUGH THE SCHOOL BOARD OF SARASOTA COUNTY FROM THE FLORIDA EDUCATION FINANCE PROGRAM (FEFP) VARIOUS EVENTS HELD THROUGHOUT YEAR 103563 103563 66812 103563 103563 66812 66812 36751 A SARASOTA COUNTY FLORIDA 596000848 80329WAA3 2010-06-28 1000000 EDUCATIONAL FACILITIES REVENUE BONDS - SARASOTA SCHOOL OF ARTS AND SCIENCES 0 0 0 B SARASOTA COUNTY FLORIDA 596000848 80329WAB1 2010-06-28 3505000 EDUCATIONAL FACILITIES REVENUE BONDS - SARASOTA SCHOOL OF ARTS AND SCIENCES 0 0 0 C SARASOTA COUNTY FLORIDA 596000848 08329WAC9 2010-06-28 6535000 EDUCATIONAL FACILITIES REVENUE BONDS - SARASOTA SCHOOL OF ARTS AND SCIENCES 0 0 0 A 0 0 0 0 B 0 0 0 0 C 0 0 0 0 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 SCHEDULE K SUPPLENTAL INFORMATION TOTAL OF $11,040,000 SARASOTA COUNTY FLORIDA EDUCATIONAL FACILITIES REVENUE BONDS SERIES 2010 DATED 6/28/10 WILL BE PAID OFF 7/1/2040 (30 YEARS OR 360 MONTHS) MATTHEW WENZEL SECRETARY 53052 MR. WENZEL IS THE VICE PRESIDENT OF WENZEL ELECTRIC. WENZEL ELECTRIC, INC WAS PAID FOR MONITORING ORGANIZATION'S SECURITY AND MAINTAINING SECURITY CAMERAS. 0 FORM 990, PART VI, SECTION B, LINE 11 HEATHER ZANGARA, PRESIDENT OF THE BOARD, APPROVES THE FINAL DRAFT OF THE RETURN. DRAFT IS REVIEWED AT BOARD MEETING FOR ACCURACY AND POTENTIAL REVISIONS. FORM 990, PART VI, SECTION B, LINE 12C YES, EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSONS HAS RECEIVED A COPY, UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST AND ON THE AUDITOR GENERAL'S WEBSITE FOR THE STATE OF FLORIDA CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: AMORTIZATION OF BOND COSTS -1,022. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PRIOR PERIOD ADJUSTMENT FORM 990, PART XI, LINE 8 A PRIOR PERIOD ADJUSTMENT HAS BEEN MADE TO PROPERLY RECORD THE VALUE OF LAND FOR PROPERTY THAT WAS PURCHASED IN 2004 (LAND AND BUILDING). THE CHARTER SCHOOL DID NOT RECORD THE COST OF THE LAND SEPARATELY FROM THE COST OF THE BUILDING IN THE ACCOUNTING RECORDS. THEREFORE, WHEN THE BUILDING WAS DEMOLISHED AND RECORDED AS A DISPOSAL IN THE PRIOR YEAR, THE LAND WAS ALSO ERRONEOUSLY REMOVED FROM THE BOOKS. A PRIOR PERIOD ADJUSTMENT HAS BEEN RECORDED TO LAND AND THE BEGINNING NET DEFICIT AS OF JULY 1, 2012, IN THE AMOUNT OF $574,940. AN ADJUSTMENT HAS ALSO BEEN MADE TO THE BEGINNING NET DEFICIT DUE TO THE EARLY IMPLEMENTATION OF GASB STATEMENT NO. 65, ITEMS PREVIOUSLY REPORTED AS ASSETS AND LIABILITIES. THE NEW STANDARD REQUIRES THAT CERTAIN BOND ISSUANCE COSTS BE EXPENSED RATHER THAN AMORTIZED. THIS RESULTED IN A DECREASE IN UNAMORTIZED BOND COSTS AND THE BEGINNING NET DEFICIT OF $408,554 AS OF JULY 1, 2012. THESE PRIOR PERIOD ADJUSTMENTS CREATED A NET PRIOR PERIOD ADJUSTMENT OF $166,386.